Oceaneering International (LTS:0KAN) EBIT: $315 Mil (TTM As of Jun. 2026)

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LTS:0KAN Oceaneering International Inc LTS:0KAN
72 GF Score
Price $48.73
GF Value $28.15
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Oceaneering International EBIT?

Oceaneering International LTS:0KAN +0.14% 72 EBIT is $315 Mil as of Jun. 2026. GuruFocus rates LTS:0KAN with a GF Score™ of 72/100 and a GF Value™ of $28.15 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Oceaneering International's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was $95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $315 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oceaneering International's annualized ROC % for the quarter that ended in Jun. 2026 was 16.70%. Oceaneering International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 69.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oceaneering International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.25%.


Oceaneering International  (LTS:0KAN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Oceaneering International's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=352.948 * ( 1 - 26.14% )/( (1550.125 + 1572.604)/ 2 )
=260.6873928/1561.3645
=16.70 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2643.195 - 485.6 - ( 607.47 - max(0, 729.247 - 1516.91+607.47))
=1550.125

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2688.838 - 486.761 - ( 629.473 - max(0, 726.232 - 1580.267+629.473))
=1572.604

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Oceaneering International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=378.132/( ( (444.93 + max(84.599, 0)) + (443.229 + max(108.06, 0)) )/ 2 )
=378.132/( ( 529.529 + 551.289 )/ 2 )
=378.132/540.409
=69.97 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(371.846 + 208.233 + 104.954) - (485.6 + 114.834 + -1.1368683772162E-13)
=84.599

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(414.36 + 197.726 + 107.835) - (486.761 + 125.1 + -1.1368683772162E-13)
=108.06

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Oceaneering International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=315.003/5039.400
=6.25 %

* 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 EBIT Related Terms


Oceaneering International EBIT Historical Data

* Premium members only.

The historical data trend for Oceaneering International's EBIT 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 EBIT Chart

Oceaneering International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.10 117.27 197.58 262.83 322.88

Oceaneering International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 87.89 89.29 67.25 63.93 94.53

LTS:0KAN vs KGS, AROC, WFRD: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, Oceaneering International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oceaneering International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Oceaneering International's EV-to-EBIT falls into.


LTS:0KAN
72GF Score
Oceaneering International Inc LTS:0KAN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceaneering International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $315 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $315 Mil mean?
Oceaneering International (LTS:0KAN) has a EBIT of $315 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Oceaneering International.
Is Oceaneering International's EBIT too high?
Oceaneering International's current EBIT is $315 Mil. Overall, Oceaneering International has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oceaneering International's EBIT compare to KGS and AROC?
Oceaneering International's EBIT of $315 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Oceaneering International. Oceaneering International's current EBIT is $315 Mil. 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 (LTS:0KAN) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.15, compared to a current price of $48.73 — trading 73.1% above its estimated fair value. The current EBIT is $315 Mil. Oceaneering International's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Oceaneering International (LTS:0KAN), the current EBIT is $315 Mil 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 (LTS:0KAN) Overvalued in 2026?

Based on GuruFocus' analysis, Oceaneering International stock appears to be overvalued. The current stock price of $48.73 is trading 73.1% above its estimated GF Value™ of $28.15. GuruFocus considers Oceaneering International to be Significantly Overvalued.

Key valuation signals for LTS:0KAN:

  • EBIT: $315 Mil
  • GF Value™: $28.15 vs. price of $48.73 (73.1% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the LTS:0KAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oceaneering International Business Description

Industry EnergyOil & Gas
Address 5875 North Sam Houston Parkway West, Suite 400, Houston, TX, USA, 77086
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.
72GF Score

Get the complete analysis for LTS:0KAN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.73
Price
$28.15
GF Value