OII (Oceaneering International) Gross Profit: $569 Mil (TTM As of Jun. 2026)

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OII Oceaneering International Inc OII
67 GF Score
Price $48.72
GF Value $27.86
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Oceaneering International Gross Profit?

Oceaneering International OII -0.12% 67 Gross Profit is $569 Mil as of Jun. 2026. GuruFocus rates OII with a GF Score™ of 67/100 and a GF Value™ of $27.86 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Oceaneering International's gross profit for the three months ended in Jun. 2026 was $157 Mil. Oceaneering International's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $569 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Oceaneering International's gross profit for the three months ended in Jun. 2026 was $157 Mil. Oceaneering International's Revenue for the three months ended in Jun. 2026 was $768 Mil. Therefore, Oceaneering International's Gross Margin % for the quarter that ended in Jun. 2026 was 20.44%.

Oceaneering International had a gross margin of 20.44% for the quarter that ended in Jun. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Oceaneering International was 20.42%. The lowest was 4.80%. And the median was 13.21%.


Oceaneering International  (NYSE:OII) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Oceaneering International had a gross margin of 20.44% for the quarter that ended in Jun. 2026 => Competition eroding margins


Oceaneering International Gross Profit Related Terms


Oceaneering International Gross Profit Historical Data

* Premium members only.

The historical data trend for Oceaneering International's Gross Profit 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 Gross Profit Chart

Oceaneering International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.07 307.38 398.97 485.49 568.44

Oceaneering International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit 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 148.43 152.73 132.27 127.27 156.98

OII vs KGS, AROC, WFRD: Gross Profit Comparison

For the Oil & Gas Equipment & Services subindustry, Oceaneering International's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oceaneering International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Oceaneering International's Gross Profit falls into.


OII
67GF Score
Oceaneering International Inc OII
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceaneering International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Oceaneering International's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=2784.156 - 2215.714
=568

Oceaneering International's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=768.184 - 611.202
=157

Gross Profit 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 $569 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Oceaneering International's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=157 / 768.184
=20.44 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $569 Mil mean?
Oceaneering International (OII) has a Gross Profit of $569 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Oceaneering International and its competitors.
Is Oceaneering International's Gross Profit too high?
Oceaneering International's current Gross Profit is $569 Mil. 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 Gross Profit compare to KGS and AROC?
Oceaneering International's Gross Profit of $569 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 Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Oceaneering International and its competitors. Oceaneering International's current Gross Profit is $569 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 (OII) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.86, compared to a current price of $48.72 — trading 74.9% above its estimated fair value. The current Gross Profit is $569 Mil. 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Oceaneering International (OII), the current Gross Profit is $569 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 (OII) Overvalued in 2026?

Based on GuruFocus' analysis, Oceaneering International stock appears to be overvalued. The current stock price of $48.72 is trading 74.9% above its estimated GF Value™ of $27.86. GuruFocus considers Oceaneering International to be Significantly Overvalued.

Key valuation signals for OII:

  • Gross Profit: $569 Mil
  • GF Value™: $27.86 vs. price of $48.72 (74.9% above fair value)
  • GF Score™: 67/100 with 8 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges 0KAN:UKOII:Germany
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.
67GF Score

Get the complete analysis for OII

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

$48.72
Price
$27.86
GF Value