Oceaneering International (OII) Interest Coverage Ratio (2010 - 2026)
Oceaneering International (OII) reported Interest Coverage Ratio of 6.35 for Q1 2026, down 21.61% year-over-year from 8.1 in Q1 2025, and down 12.16% quarter-over-quarter from 7.23 in Q4 2025.
Oceaneering International (OII) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has 17 years of Interest Coverage Ratio data on file, last reported at 6.35 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 6.35, down 21.61% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.81 (up 4.21% YoY), and the FY2025 annual result was 8.24, up 26.81% from the prior year.
- Interest Coverage Ratio declined to 6.35 in Q1 2026 per OII's latest filing, from 7.23 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 9.22 in Q3 2025 and troughed at 0.11 in Q1 2022.
- A 5-year average of 5.68 and a median of 5.99 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio tumbled 108.31% in 2022, then jumped 2718.97% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 4.39 in 2022, then jumped by 36.36% to 5.99 in 2023, then surged by 33.46% to 8.0 in 2024, then dropped by 9.63% to 7.23 in 2025, then retreated by 12.16% to 6.35 in 2026.
- Business Quant data shows OII's Interest Coverage Ratio at 6.35 in Q1 2026, 7.23 in Q4 2025, and 9.22 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 38.03 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | - |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 21.16 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.14 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 5.10 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Oceaneering International | 3.70 Bn | 3.10 Bn | 127.27 Mn | 6.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.35 |
| Dec 31, 2025 | 7.23 |
| Sep 30, 2025 | 9.22 |
| Jun 30, 2025 | 8.36 |
| Mar 31, 2025 | 8.10 |
| Dec 31, 2024 | 8.00 |
| Sep 30, 2024 | 7.54 |
| Jun 30, 2024 | 6.34 |
| Mar 31, 2024 | 3.99 |
| Dec 31, 2023 | 5.99 |
| Sep 30, 2023 | 5.91 |
| Jun 30, 2023 | 5.17 |
| Mar 31, 2023 | 2.88 |
| Dec 31, 2022 | 4.39 |
| Sep 30, 2022 | 4.91 |
| Jun 30, 2022 | 2.38 |
| Mar 31, 2022 | -0.11 |
| Dec 31, 2021 | -1.39 |
| Sep 30, 2021 | 1.64 |
| Jun 30, 2021 | 2.35 |