Oceaneering InternationalOII +0.39%77 EV-to-FCF is 17.57 as of Jun. 26, 2026, which is 5% above its 10-year median of 16.68. GuruFocus rates OII with a GF Score™ of 77/100 and a GF Value™ of $27.00 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 576 Oil & Gas companies, Oceaneering International ranks worse than 56.77% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Oceaneering International's Enterprise Value is $4,183 Mil.
Oceaneering International's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $238 Mil. Therefore, Oceaneering International's EV-to-FCF for today is 17.57.
The historical rank and industry rank for Oceaneering International's EV-to-FCF or its related term are showing as below:
OII'
s EV-to-FCF Range Over the Past 10 Years
Min: -159.9 Med: 16.68 Max: 220.39
Current: 17.57
During the past 13 years, the highest EV-to-FCF of Oceaneering International was 220.39. The lowest was -159.90. And the median was 16.68.
OII's EV-to-FCF is ranked worse than 56.77% of 576
companies
in the Oil & Gas industry
Industry Median: 15.705
vs OII: 17.57
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Oceaneering International (NYSE:OII) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Oceaneering International's PE Ratio (TTM) for today is calculated as:
Oceaneering International's share price for today is $39.525.
Oceaneering International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.370.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Oceaneering International EV-to-FCF Related Terms
Oceaneering International EV-to-FCF Historical Data
* 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.
For the Oil & Gas Equipment & Services subindustry, Oceaneering International's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oceaneering International's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Oceaneering International's EV-to-FCF falls into.
Oceaneering International's current Enterprise Value is $4,183 Mil.
Oceaneering International's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $238 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.
Oceaneering International (OII) has a EV-to-FCF of 17.57 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Oceaneering International and its competitors. This is near median its historical median of 16.68. According to the industry distribution chart, Oceaneering International ranks #327 out of 576 companies in the Oil & Gas industry, placing it in the top 56.8%.
Is Oceaneering International's EV-to-FCF too high?
Oceaneering International's current EV-to-FCF of 17.57 is near median its 10-year median of 16.68. The Oil & Gas industry median EV-to-FCF is 15.71. Oceaneering International's value of 17.57 is 11.9% above this industry median. Based on the distribution chart, Oceaneering International ranks #327 out of 576 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Oceaneering International has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oceaneering International's EV-to-FCF compare to TDW and USAC?
According to the Oil & Gas industry distribution chart, Oceaneering International ranks #327 out of 576 companies for EV-to-FCF. This places Oceaneering International in the lower half of its industry. The industry median EV-to-FCF is 15.71. Oceaneering International's value of 17.57 is 11.9% above this benchmark. While the company's 10-year median is 16.68 vs. the industry median of 15.71, Oceaneering International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.71, based on 576 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oceaneering International's current EV-to-FCF of 17.57 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Oceaneering International and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceaneering International's current EV-to-FCF is 17.57, which is near median its own 10-year median of 16.68. 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 $27.00, compared to a current price of $39.53 — trading 46.4% above its estimated fair value. The current EV-to-FCF is 17.57, which is near median its 10-year median of 16.68 and 11.9% above the Oil & Gas industry median of 15.71. Oceaneering International's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Oceaneering International (OII), the current EV-to-FCF is 17.57 as of Jun. 26, 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 $39.53 is trading 46.4% above its estimated GF Value™ of $27.00.
GuruFocus considers Oceaneering International to be Significantly Overvalued.
Key valuation signals for OII:
EV-to-FCF: 17.57 (near median its 10-year median of 16.68)
GF Value™: $27.00 vs. price of $39.53 (46.4% above fair value)
Industry Position: 11.9% above the Oil & Gas median (#327 of 576)
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.
77GF Score
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