Oceaneering International (OII) Interest Coverage Ratio (2010 - 2026)
Oceaneering International (OII) posted quarterly Interest Coverage Ratio of 10.43 for Q2 2026, up 24.81% year-over-year from 8.36 in Q2 2025, and up 64.41% quarter-over-quarter from 6.35 in Q1 2026.
Oceaneering International (OII) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Oceaneering International (OII) has reported Interest Coverage Ratio for 17 consecutive years, with 10.43 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 24.81% year-over-year to 10.43; the TTM figure through Jun 2026 stood at 8.28 (up 3.5% YoY), while the FY2025 annual figure was 8.24, up 26.81% from the prior year.
- Interest Coverage Ratio advanced to 10.43 in Q2 2026 per OII's latest filing, from 6.35 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.43 in Q2 2026 and bottomed at 0.11 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 5.95 across 5 years, with a median of 6.17 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 108.31% — and 2023, when it jumped 2718.97%.
- Oceaneering International's Interest Coverage Ratio stood at 4.39 in 2022, then surged by 36.36% to 5.99 in 2023, then soared by 33.46% to 8.0 in 2024, then declined by 9.63% to 7.23 in 2025, then soared by 44.42% to 10.43 in 2026.
- Business Quant data shows OII's Interest Coverage Ratio at 10.43 in Q2 2026, 6.35 in Q1 2026, and 7.23 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -40.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | -82.21 |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 12.48 |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 5.53 |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 10.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.43 |
| 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 |