Oceaneering International (OII) Asset Utilization Ratio (2010 - 2026)
Oceaneering International (OII) posted quarterly Asset Utilization Ratio of 1.08 for Q2 2026, down 10.37% year-over-year from 1.2 in Q2 2025, and up 2.08% quarter-over-quarter from 1.06 in Q1 2026.
Oceaneering International (OII) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Asset Utilization Ratio for 17 consecutive years, with 1.08 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 10.37% year-over-year to 1.08; the TTM figure through Jun 2026 stood at 1.08 (down 10.37% YoY), while the FY2025 annual figure was 1.11, down 4.33% from the prior year.
- Asset Utilization Ratio grew to 1.08 in Q2 2026 per OII's latest filing, from 1.06 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.2 in Q2 2025 and bottomed at 0.97 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 1.09 across 5 years, with a median of 1.07 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio rose 16.44% — and 2026, when it dropped 11.09%.
- Oceaneering International's Asset Utilization Ratio stood at 1.04 in 2022, then increased by 1.97% to 1.07 in 2023, then advanced by 6.45% to 1.13 in 2024, then retreated by 5.7% to 1.07 in 2025, then grew by 0.73% to 1.08 in 2026.
- Business Quant data shows OII's Asset Utilization Ratio at 1.08 in Q2 2026, 1.06 in Q1 2026, and 1.07 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 0.34 |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 1.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.08 |
| Mar 31, 2026 | 1.06 |
| Dec 31, 2025 | 1.07 |
| Sep 30, 2025 | 1.16 |
| Jun 30, 2025 | 1.20 |
| Mar 31, 2025 | 1.19 |
| Dec 31, 2024 | 1.13 |
| Sep 30, 2024 | 1.12 |
| Jun 30, 2024 | 1.13 |
| Mar 31, 2024 | 1.11 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 1.03 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 1.06 |
| Dec 31, 2022 | 1.04 |
| Sep 30, 2022 | 1.05 |
| Jun 30, 2022 | 1.01 |
| Mar 31, 2022 | 0.97 |
| Dec 31, 2021 | 0.95 |
| Sep 30, 2021 | 0.90 |