Oceaneering International, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.78B | $2.66B | $2.42B | $2.07B | $1.87B | $1.83B | $2.05B | $1.91B |
| Cost of Revenue | $2.22B | $2.18B | $2.03B | $1.76B | $1.61B | $1.66B | $1.95B | $1.78B |
| Gross Profit | $568.4M | $485.5M | $399.0M | $307.4M | $264.1M | $163.9M | $98.2M | $129.2M |
| Gross Margin | 20.4% | 18.2% | 16.5% | 14.9% | 14.1% | 9.0% | 4.8% | 6.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $263.9M | $239.2M | $217.6M | $196.5M | $224.3M | $195.7M | $214.9M | $198.3M |
| Operating Income | $304.6M | $246.3M | $181.3M | $110.9M | $39.8M | $-446.1M | $-290.7M | $-145.5M |
| Operating Margin | 10.9% | 9.3% | 7.5% | 5.4% | 2.1% | -24.4% | -14.2% | -7.6% |
| Interest Expense | $37.0M | $37.9M | $36.5M | $38.2M | $38.8M | $43.9M | $42.7M | $37.7M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $-67.9M | $77.4M | $63.7M | $53.1M | $43.6M | $-2.1M | $17.6M | $26.5M |
| Net Income | $353.8M | $147.5M | $97.4M | $25.9M | $-49.3M | $-496.8M | $-348.4M | $-212.3M |
| Net Margin | 12.7% | 5.5% | 4.0% | 1.3% | -2.6% | -27.2% | -17.0% | -11.1% |
| EPS (Basic) | $3.53 | $1.46 | $0.97 | $0.26 | $-0.49 | $-5.01 | $-3.52 | $-2.16 |
| EPS (Diluted) | $3.49 | $1.44 | $0.95 | $0.26 | $-0.49 | $-5.01 | $-3.52 | $-2.16 |
| Shares Outstanding (Basic) | 100.2M | 101.2M | 100.7M | 100.2M | 99.7M | 99.2M | 98.9M | 98.5M |
| Shares Outstanding (Diluted) | 101.3M | 102.4M | 102.2M | 101.4M | 99.7M | 99.2M | 98.9M | 98.5M |
| Dividends Per Share | — | — | — | — | — | — | $0.00 | $0.00 |