Oceaneering International (OII) Interest Coverage Ratio (2010 - 2026)
Oceaneering International's (OII) quarterly Interest Coverage Ratio came in at 6.35 in Q1 2026, down 21.61% year-on-year from 8.1 in Q1 2025, and down 12.16% on a QoQ basis 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.
- On a quarterly basis, Interest Coverage Ratio fell 21.61% year-over-year to 6.35 in Q1 2026; TTM through Mar 2026 was 7.81, a 4.21% increase from a year earlier, with the FY2025 full-year figure at 8.24, up 26.81% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 6.35, down from 7.23 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for OII reached as high as 9.22 in Q3 2025 and fell as low as 0.11 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 5.68 across 5 years, with a median of 5.99 in 2023.
- Across the five-year window, Interest Coverage Ratio sank 108.31% in 2022 and surged 2718.97% in 2023, its largest moves.
- Year by year, Interest Coverage Ratio 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 retreated by 9.63% to 7.23 in 2025, then dropped by 12.16% to 6.35 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 8.09 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -130.03 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 4.46 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 5.96 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.41 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 53.50 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 5.11 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 6.35 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 1.60 |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 0.17 |
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 | -1.36 |
| Sep 30, 2021 | 1.64 |
| Jun 30, 2021 | 2.35 |