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Oceaneering International (LTS:0KAN) Net Margin % : 6.07% (As of Sep. 2024)


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What is Oceaneering International Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Oceaneering International's Net Income for the three months ended in Sep. 2024 was $41 Mil. Oceaneering International's Revenue for the three months ended in Sep. 2024 was $680 Mil. Therefore, Oceaneering International's net margin for the quarter that ended in Sep. 2024 was 6.07%.

The historical rank and industry rank for Oceaneering International's Net Margin % or its related term are showing as below:

LTS:0KAN' s Net Margin % Range Over the Past 10 Years
Min: -27.18   Med: 1.17   Max: 11.7
Current: 5.22


LTS:0KAN's Net Margin % is ranked better than
54.11% of 948 companies
in the Oil & Gas industry
Industry Median: 3.7 vs LTS:0KAN: 5.22

Oceaneering International Net Margin % Historical Data

The historical data trend for Oceaneering International's Net Margin % 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 Net Margin % Chart

Oceaneering International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.01 -27.18 -2.64 1.26 4.02

Oceaneering International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 4.69 6.80 2.53 5.23 6.07

Competitive Comparison of Oceaneering International's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Oceaneering International's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oceaneering International's Net Margin % falls into.



Oceaneering International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Oceaneering International's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=97.403/2424.706
=4.02 %

Oceaneering International's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=41.237/679.811
=6.07 %

* 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  (LTS:0KAN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Oceaneering International Net Margin % Related Terms

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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.

Oceaneering International Headlines

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