Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 25.07.
Forward PE Ratio (25.07) = Close Price ($51.40) / Consensus Forward EPS ($2.05)
FORWARD PE RATIO
25.07
SECTOR MEDIAN · ENERGY
13.33
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
+88.07%
vs the sector median at left
Oceaneering International, Inc.
Market Cap
$5.12B
Forward PE Ratio
25.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Oceaneering International, Inc. (OII) | $5.12B | 25.07 |
| California Resources Corp (CRC)vs › | $4.81B | 12.91 |
| Enphase Energy, Inc. (ENPH)vs › | $4.81B | 18.20 |
| Helmerich & Payne, Inc. (HP)vs › | $4.43B | N/A |
| Weatherford International plc (WFRD)vs › | $6.87B | 18.58 |
| Centrus Energy Corp. (LEU)vs › | $3.30B | 68.54 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.08B | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.51B | 25.53 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.41B | N/A |
| Array Technologies, Inc. (ARRY)vs › | $707.60M | 6.11 |
Trailing P/E
14.8
reported TTM EPS
Forward P/E
25.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.05 implies -41.1% EPS decline vs the reported trailing $3.48.
At today's $51.40 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.05 | $1.97 – $2.11 | 1 | 25.1x |
| 2027-12-31 | $2.36 | $2.27 – $2.42 | 2 | 21.8x |
| 2028-12-31 | $2.65 | $2.54 – $2.72 | 1 | 19.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
