Oceaneering International (OII) Interest Coverage Ratio: History & Chart

Oceaneering International, Inc.(OII)

Oil & Gas Equipment & Services · Houston, TX

$51.40-0.38 (-0.73%)

At close: Sep 4, 2026, 4:00 PM ET

About Oceaneering International, Inc.

Headquartered in Houston, Texas, Oceaneering International, Inc., established in 1964, is a global provider of specialized engineering services, innovative products, and advanced robotic solutions. The company serves a diverse clientele spanning the offshore energy, defense, aerospace, manufacturing, and entertainment sectors. Its Subsea Robotics division deploys Remotely Operated Vehicles (ROVs) to assist drilling operations and perform vessel-based tasks such as subsea hardware deployment, construction activities, pipeline and facility inspections, maintenance, and repair. Furthermore, this segment supplies specialized ROV tooling, a range of survey services including hydrographic mapping and precise positioning, and autonomous underwater vehicles (AUVs) tailored for geoscience applications. By the close of 2021, the company maintained a fleet of 250 work-class ROVs. The Manufactured Products segment engineers and delivers essential distribution and connection systems for the energy sector, encompassing production control umbilicals, field development hardware, and pipeline connection and repair apparatus. It also supplies autonomous mobile robots, automated guided vehicle (AGV) technologies, and entertainment systems to a variety of other industries. Oceaneering's Offshore Projects Group undertakes comprehensive subsea installation and intervention, which includes riserless light well intervention, inspection, maintenance, and repair services. They also furnish installation and workover control systems (including specific ROV workover control solutions), provide expert project management and engineering, and offer drill pipe riser services and systems, alongside wellhead load relief solutions. The Integrity Management & Digital Solutions division specializes in asset integrity management. It additionally provides bespoke software and analytical tools for the bulk cargo maritime sector, coupled with broad software, digital, and connectivity solutions for the energy industry. Finally, its Aerospace and Defense Technologies segment delivers critical government services and products, encompassing engineering and manufacturing support for defense and space exploration missions, primarily catering to U.S. government agencies and their primary contractors.

Houston, TX

11,100 employees

www.oceaneering.com

Energy / Oil & Gas Equipment & Services

Sector: Energy
Industry: Oil & Gas Equipment & Services
CEO: Roderick A. Larson

View full financials

OII Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

10.43x

INTEREST COVERAGE RATIO AVG TTM

23.36x

INTEREST COVERAGE RATIO AVG 3Y

6.66x

INTEREST COVERAGE RATIO AVG 5Y

4.85x

INTEREST COVERAGE RATIO AVG 10Y

1.84x

INTEREST COVERAGE RATIO AVG 15Y

11.30x

INTEREST COVERAGE RATIO AVG 20Y

14.84x

CURRENT VS TTM AVG

-55.33%

CURRENT VS 3Y AVG

+56.67%

CURRENT VS 5Y AVG

+115.22%

CURRENT VS 10Y AVG

+465.99%

CURRENT VS 15Y AVG

-7.67%

CURRENT VS 20Y AVG

-29.68%

SECTOR MEDIAN · ENERGY

6.71x

median of 47 covered companies

CURRENT VS SECTOR MEDIAN

+55.51%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Oceaneering International, Inc. (OII)	$5.12B	10.43x	23.36x	6.66x	4.85x
California Resources Corp (CRC)vs ›	$4.81B	8.04x	7.76x	14.26x	12.29x
Enphase Energy, Inc. (ENPH)vs ›	$4.81B	36.42x	22.55x	35.76x	26.11x
Helmerich & Payne, Inc. (HP)vs ›	$4.43B	2.15x	8.84x	13.14x	13.14x
Weatherford International plc (WFRD)vs ›	$6.87B	5.52x	5.73x	4.48x	3.68x
Centrus Energy Corp. (LEU)vs ›	$3.30B	3.59x	10.69x	45.27x	229.01x
SolarEdge Technologies, Inc. (SEDG)vs ›	$2.08B	-3.52x	9.00x	12.72x	23.08x
Natural Resource Partners L.P. (NRP)vs ›	$1.51B	17.46x	15.14x	15.12x	12.86x
Dorchester Minerals, L.P. (DMLP)vs ›	$1.41B	N/A	595.74x	595.74x	595.74x
Array Technologies, Inc. (ARRY)vs ›	$707.60M	2.70x	2.70x	3.77x	4.61x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Oceaneering International, Inc. (OII)

$5.12B

10.43x

23.36x

6.66x

4.85x

California Resources Corp (CRC)vs ›

$4.81B

8.04x

7.76x

14.26x

12.29x

Enphase Energy, Inc. (ENPH)vs ›

$4.81B

36.42x

22.55x

35.76x

26.11x

Helmerich & Payne, Inc. (HP)vs ›

$4.43B

2.15x

8.84x

13.14x

Weatherford International plc (WFRD)vs ›

$6.87B

5.52x

5.73x

4.48x

3.68x

Centrus Energy Corp. (LEU)vs ›

$3.30B

3.59x

10.69x

45.27x

229.01x

SolarEdge Technologies, Inc. (SEDG)vs ›

$2.08B

-3.52x

9.00x

12.72x

23.08x

Natural Resource Partners L.P. (NRP)vs ›

$1.51B

17.46x

15.14x

15.12x

12.86x

Dorchester Minerals, L.P. (DMLP)vs ›

$1.41B

N/A

595.74x

Array Technologies, Inc. (ARRY)vs ›

$707.60M

2.70x

3.77x

4.61x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Oceaneering International, Inc. (OII)?

The interest coverage ratio for OII stock is 10.43x.

Is Oceaneering International, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 10.43x is 115% above its 5-year average of 4.85x, near the low end of its 5-year range (-1.39x–87.91x).

What is the TTM average interest coverage ratio for Oceaneering International, Inc. (OII)?

The TTM average interest coverage ratio for OII stock is 23.36x.

What is the 3Y average interest coverage ratio for Oceaneering International, Inc. (OII)?

The 3Y average interest coverage ratio for OII stock is 6.66x.

What is the 5Y average interest coverage ratio for Oceaneering International, Inc. (OII)?

The 5Y average interest coverage ratio for OII stock is 4.85x.

What is the 10Y average interest coverage ratio for Oceaneering International, Inc. (OII)?

The 10Y average interest coverage ratio for OII stock is 1.84x.

What is the 15Y average interest coverage ratio for Oceaneering International, Inc. (OII)?

The 15Y average interest coverage ratio for OII stock is 11.30x.

What is the 20Y average interest coverage ratio for Oceaneering International, Inc. (OII)?

The 20Y average interest coverage ratio for OII stock is 14.84x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	10.43x
2026-03-31	6.35x
2025-12-31	3.75x
2025-09-30	87.91x
2025-06-30	8.36x
2025-03-31	8.10x
2024-12-31	8.00x
2024-09-30	7.54x
2024-06-30	6.34x
2024-03-31	3.99x
2023-12-31	5.99x
2023-09-30	5.91x
2023-06-30	5.17x
2023-03-31	2.88x
2022-12-31	4.39x
2022-09-30	4.91x
2022-06-30	2.38x
2022-03-31	-0.11x
2021-12-31	-1.39x
2021-09-30	1.64x
2021-06-30	2.35x
2021-03-31	1.32x
2020-12-31	0.20x
2020-09-30	-2.13x
2020-06-30	-0.45x
2020-03-31	-0.72x
2019-12-31	-6.84x
2019-09-30	-0.46x
2019-06-30	-0.94x
2019-03-31	-2.30x
2018-12-31	-10.03x
2018-09-30	-0.16x
2018-06-30	-2.23x
2018-03-31	-2.90x
2017-12-31	-1.72x
2017-09-30	1.22x
2017-06-30	1.24x
2017-03-31	-0.02x
2016-12-31	-0.60x
2016-09-30	-1.87x
2016-06-30	6.18x
2016-03-31	7.52x
2015-12-31	7.20x
2015-09-30	17.74x
2015-06-30	17.38x
2015-03-31	17.52x
2014-12-31	47.25x
2014-09-30	268.71x
2014-06-30	405.30x
2014-03-31	323.27x
2013-12-31	5064.93x
2013-09-30	180.65x
2013-06-30	264.62x
2013-03-31	141.93x
2012-12-31	104.63x
2012-09-30	96.58x
2012-06-30	87.62x
2012-03-31	139.43x
2011-12-31	235.62x
2011-09-30	283.26x
2011-06-30	385.25x
2011-03-31	415.42x
2010-12-31	197.17x
2010-09-30	752.61x
2010-06-30	22.01x
2010-03-31	37.98x
2009-12-31	48.80x
2009-09-30	44.52x
2009-06-30	33.65x
2009-03-31	29.14x
2008-12-31	15.88x
2008-09-30	11.08x
2008-03-31	342.70x
2007-12-31	12.38x
2007-09-30	26.75x
2007-06-30	23.90x
2007-03-31	30.38x
2006-12-31	14.38x
2006-09-30	18.13x
2006-06-30	30.43x
2005-12-31	9.72x
2005-09-30	25.88x
2004-12-31	6.32x
2004-06-30	54.82x
2004-03-31	4.17x
2003-12-31	3.78x
2003-09-30	6.94x
2003-06-30	5.43x
2003-03-31	4.43x
2002-12-31	4.04x
2002-09-30	4.52x

DATE

INTEREST COVERAGE RATIO

2026-06-30

10.43x

2026-03-31

6.35x

2025-12-31

3.75x

2025-09-30

87.91x

2025-06-30

8.36x

2025-03-31

8.10x

2024-12-31

8.00x

2024-09-30

7.54x

2024-06-30

6.34x

2024-03-31

3.99x

2023-12-31

5.99x

2023-09-30

5.91x

2023-06-30

5.17x

2023-03-31

2.88x

2022-12-31

4.39x

2022-09-30

4.91x

2022-06-30

2.38x

2022-03-31

-0.11x

2021-12-31

-1.39x

2021-09-30

1.64x

2021-06-30

2.35x

2021-03-31

1.32x

2020-12-31

0.20x

2020-09-30

-2.13x

2020-06-30

-0.45x

2020-03-31

-0.72x

2019-12-31

-6.84x

2019-09-30

-0.46x

2019-06-30

-0.94x

2019-03-31

-2.30x

2018-12-31

-10.03x

2018-09-30

-0.16x

2018-06-30

-2.23x

2018-03-31

-2.90x

2017-12-31

-1.72x

2017-09-30

1.22x

2017-06-30

1.24x

2017-03-31

-0.02x

2016-12-31

-0.60x

2016-09-30

-1.87x

2016-06-30

6.18x

2016-03-31

7.52x

2015-12-31

7.20x

2015-09-30

17.74x

2015-06-30

17.38x

2015-03-31

17.52x

2014-12-31

47.25x

2014-09-30

268.71x

2014-06-30

405.30x

2014-03-31

323.27x

2013-12-31

5064.93x

2013-09-30

180.65x

2013-06-30

264.62x

2013-03-31

141.93x

2012-12-31

104.63x

2012-09-30

96.58x

2012-06-30

87.62x

2012-03-31

139.43x

2011-12-31

235.62x

2011-09-30

283.26x

2011-06-30

385.25x

2011-03-31

415.42x

2010-12-31

197.17x

2010-09-30

752.61x

2010-06-30

22.01x

2010-03-31

37.98x

2009-12-31

48.80x

2009-09-30

44.52x

2009-06-30

33.65x

2009-03-31

29.14x

2008-12-31

15.88x

2008-09-30

11.08x

2008-03-31

342.70x

2007-12-31

12.38x

2007-09-30

26.75x

2007-06-30

23.90x

2007-03-31

30.38x

2006-12-31

14.38x

2006-09-30

18.13x

2006-06-30

30.43x

2005-12-31

9.72x

2005-09-30

25.88x

2004-12-31

6.32x

2004-06-30

54.82x

2004-03-31

4.17x

2003-12-31

3.78x

2003-09-30

6.94x

2003-06-30

5.43x

2003-03-31

4.43x

2002-12-31

4.04x

2002-09-30

4.52x

Interest Coverage Ratio: 10.43x

OII Interest Coverage Ratio

OII Average Interest Coverage Ratio Chart

OII Current vs Average Interest Coverage Ratio Chart

OII Interest Coverage Ratio Metrics

OII Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

OII Interest Coverage Ratio History

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