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During the past 13 years, Oceaneering International's highest 3-Year average EPS without NRI Growth Rate was 103.10% per year. The lowest was -56.80% per year. And the median was 15.80% per year.
Oceaneering International (NYSE:OII) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Oceaneering International Earnings per Share (Diluted) Related Terms
Oceaneering International Earnings per Share (Diluted) Historical Data
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The historical data trend for Oceaneering International's Earnings per Share (Diluted) 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.
Oceaneering International Earnings per Share (Diluted) Chart
OII vs KGS, AROC, WFRD: Earnings per Share (Diluted) Comparison
For the Oil & Gas Equipment & Services subindustry, Oceaneering International's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Oceaneering International PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oceaneering International's PE Ratio distribution charts can be found below:
* The bar in red indicates where Oceaneering International's PE Ratio falls into.
Oceaneering International Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Oceaneering International's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.48
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $3.48 mean?
Oceaneering International (OII) has a Earnings per Share (Diluted) of $3.48 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Oceaneering International and its competitors. According to the industry distribution chart, Oceaneering International ranks #24 out of 728 companies in the Oil & Gas industry, placing it in the top 3.3%.
Is Oceaneering International's Earnings per Share (Diluted) too high?
Oceaneering International's current Earnings per Share (Diluted) is $3.48. Based on the distribution chart, Oceaneering International ranks #24 out of 728 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Oceaneering International has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oceaneering International's Earnings per Share (Diluted) compare to KGS and AROC?
According to the Oil & Gas industry distribution chart, Oceaneering International ranks #24 out of 728 companies for Earnings per Share (Diluted). This places Oceaneering International in the top 3% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Oil & Gas company?
A good Earnings per Share (Diluted) depends on the Oil & Gas industry context. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Oceaneering International and its competitors. Oceaneering International's current Earnings per Share (Diluted) is $3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceaneering International stock overvalued right now?
Based on GuruFocus' analysis, Oceaneering International (OII) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.83, compared to a current price of $48.72 — trading 75.1% above its estimated fair value. The current Earnings per Share (Diluted) is $3.48. Oceaneering International's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Oceaneering International (OII), the current Earnings per Share (Diluted) is $3.48 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Oceaneering International (OII) Overvalued in 2026?
Based on GuruFocus' analysis, Oceaneering International stock appears to be overvalued.
The current stock price of $48.72 is trading 75.1% above its estimated GF Value™ of $27.83.
GuruFocus considers Oceaneering International to be Significantly Overvalued.
Key valuation signals for OII:
Earnings per Share (Diluted): $3.48
GF Value™: $27.83 vs. price of $48.72 (75.1% above fair value)
No single metric tells the full story. See the OII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oceaneering International Inc is a provider of engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. A majority of its products are produced for the offshore oil and gas market. The company's business segments are Integrity Management and Digital Solutions, Subsea Robotics, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies. Maximum revenue is generated from its Subsea Robotics segment, which provides remotely operated vehicles (ROVs) for drill support and vessel-based services, underwater surveys, tooling, and other activities. Geographically, the company derives its key revenue from the United States, followed by Africa, Norway, Brazil, and other regions.
67GF Score
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Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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