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
DateValue
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