OII Oceaneering International margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 67
Gross margin
19.9%
Operating margin
10.4%
EBITDA margin
14.2%
Net margin
11.4%

For the latest period, Oceaneering International has a gross margin of 19.9%, an operating margin of 10.4%, an EBITDA margin of 14.2%, and a net margin of 11.4%. Net margin showed the largest improvement, gaining by 3.2 percentage points. EBITDA margin saw the largest decline, dropping by 1.2 percentage points.

OII margin history

Gross, operating, EBITDA and net margin trends

Oceaneering International's margins averaged 18.78% gross, 9.59% operating, 14.09% EBITDA, and 7.88% net during the last 3 years. Currently all four current margins are above their three-year averages.

OII margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in net margin, up 3.2 percentage points. The expansion was limited to net margin, while gross margin contracted by 0.5 percentage points, operating margin by 0.8 percentage points, and EBITDA margin by 1.2 percentage points.

Gross margin expansion
-0.5pp
Operating margin expansion
-0.8pp
EBITDA margin expansion
-1.2pp
Net margin expansion
3.2pp

OII Gross margin

The average gross margin for Oceaneering International was 18.78% across the past 3 years. The latest gross margin for Oceaneering International is 19.9%, 1.1 percentage points above its three-year average. The gross margin for Oceaneering International moved between 16.5% in Dec 2023 and 20.4% in Dec 2025.

OII Operating margin

Across the last 3 years, Oceaneering International's operating margin averaged 9.59%. The current operating margin of 10.4% is 0.8 percentage points above its three-year average. Operating margin was highest at 11.2% in Sep 2025 and lowest at 7.5% in Dec 2023.

OII EBITDA margin

Across the last 3 years, Oceaneering International's EBITDA margin averaged 14.09%. The current EBITDA margin stands at 14.2%, 0.1 percentage points above its three-year average. EBITDA margin was highest at 15.4% in Sep 2025 and lowest at 12.5% in Dec 2023.

OII Net margin

Across the last 3 years, Oceaneering International's net margin stood at 7.88%. The current net margin stands at 11.4%, 3.5 percentage points above its three-year average. Net margin was highest at 12.7% in Dec 2025 and lowest at 4% in Dec 2023.

OII margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 19.9%, OII stands below the Energy sector, the industry and its peers average. Looking at its Energy sector average of 42.7%, Oceaneering International's gross margin is 53% lower.

OII margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Oceaneering International's gross margin?

As of Sep 30, 2026, OII has a gross margin of 19.9%.

What is Oceaneering International's operating margin?

As of Sep 30, 2026, OII has an operating margin of 10.4%.

What is Oceaneering International's EBITDA margin?

As of Sep 30, 2026, OII has an EBITDA margin of 14.2%.

What is Oceaneering International's net margin?

As of Sep 30, 2026, OII has a net margin of 11.4%.

What are the average margins of OII?

The three-year average margins for OII were 18.8% gross, 9.6% operating, 14.1% EBITDA, and 7.9% net.

What are the highest historical margins of OII?

Within the 5-year period, OII recorded its highest margins at 20.4% gross in Dec 2025, 11.2% operating in Sep 2025, 15.4% EBITDA in Sep 2025, and 12.7% net in Dec 2025.

What are the lowest historical margins of OII?

Oceaneering International's lowest recorded margins during the past 5 years were 13.5% gross in Mar 2022, 1.3% operating in Mar 2022, 8.1% EBITDA in Jun 2022, and -3.2% net in Jun 2022.