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Oceaneering International (Oceaneering International) Retained Earnings : $1,425 Mil (As of Dec. 2023)


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What is Oceaneering International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oceaneering International's retained earnings for the quarter that ended in Dec. 2023 was $1,425 Mil.

Oceaneering International's quarterly retained earnings increased from Jun. 2023 ($1,351 Mil) to Sep. 2023 ($1,381 Mil) and increased from Sep. 2023 ($1,381 Mil) to Dec. 2023 ($1,425 Mil).

Oceaneering International's annual retained earnings increased from Dec. 2021 ($1,302 Mil) to Dec. 2022 ($1,328 Mil) and increased from Dec. 2022 ($1,328 Mil) to Dec. 2023 ($1,425 Mil).


Oceaneering International Retained Earnings Historical Data

The historical data trend for Oceaneering International's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oceaneering International Retained Earnings Chart

Oceaneering International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,850.24 1,351.22 1,301.91 1,327.85 1,425.26

Oceaneering International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,331.91 1,350.92 1,380.73 1,425.26 -

Oceaneering International Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Oceaneering International  (NYSE:OII) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Oceaneering International (Oceaneering International) Business Description

Traded in Other Exchanges
Address
5875 North Sam Houston Parkway, Suite 400, Houston, TX, USA, 77086
Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.
Executives
Shaun Roedel officer: SVP, Mfd. Prods. 11911 FM 529, HOUSTON TX 77041
Alan R Curtis officer: SVP and CFO 11911 FM 529, HOUSTON TX 77041
Earl Childress officer: SVP, Chief Commercial Ofc. 11911 FM 529, HOUSTON TX 77041
Christopher J Dyer officer: SVP, OPGroup 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
Karen H Beachy director PO BOX 1400, RAPID CITY SD 57709
Martin J Mcdonald officer: SVP, Subsea Robotics 11911 FM 529, HOUSTON TX 77041
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Leonardo P Granato officer: SVP, IMDS 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Jennifer Fremont Simons officer: SVP, CLO and Secretary 5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Jon Erik Reinhardsen director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
William B Berry director C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Leblanc Witland J Jr. officer: VP & CAO 11911 FM 529, HOUSTON TX 77041