Company data sheet · Oceaneering International
Oceaneering International: four lost years, and the economy wasn't the reason.
- Industry
- Oil & Gas Field Services
- Headquarters
- United States
- Ticker
- OII (NYSE)
- Sources
- SEC filings (1994–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to four straight losses. Oceaneering International earned $0.4 billion in 2015–2017. Then it lost money every year from 2018 to 2021: $1.1 billion in all. 2022 was its first profit in five years: $0 billion.
- It wasn't the cycle. The losses began in 2018, a year the US economy grew 3.0%. When a company falls while its economy grows, look inside the company first.
- Left behind by its peers. From 2016 to 2025, its revenue grew 23% in US dollars; the median among 77 large energy and mining companies grew 149%. It outgrew only 13% of them.
- Leaders came and went. Oceaneering International filed 32 leadership changes since 2016, more than 95% of large energy and mining companies (the median is 10). The day after each, its shares moved a median 0.4 points against its sector. The news was rarely news.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $2.3 billion | $0 billion | |
| 2017 | $1.9 billion | $0.2 billion | |
| 2018 | $1.9 billion | −$0.2 billion | |
| 2019 | $2 billion | −$0.3 billion | |
| 2020 | $1.8 billion | −$0.5 billion | |
| 2021 | $1.9 billion | −$0 billion | |
| 2022 | $2.1 billion | $0 billion | |
| 2023 | $2.4 billion | $0.1 billion | |
| 2024 | $2.7 billion | $0.1 billion | |
| 2025 | $2.8 billion | $0.4 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 43 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (32 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 175 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.