Oceaneering International (OII) Interest Coverage Ratio (2009 - 2026)
Oceaneering International's Interest Coverage Ratio came in at 10.53 for Q3 2026, up 14.1% from 9.22 a year earlier and up 0.9% from the prior quarter.
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Analysis
Oceaneering International (OII) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Oceaneering International reported Interest Coverage Ratio of 8.58, up 2.0% year-over-year; for FY2025, it was 8.24, up 26.8% from FY2024.
- Interest Coverage Ratio has increased in each of the last four years.
- Going back by year, Interest Coverage Ratio was 6.49 in FY2024 (+30.8%), 4.96 in FY2023 (+71.1%), 2.90 in FY2022 (+182.9%) and 1.03 in FY2021.
- The Q3 2026 figure represents the highest quarterly Interest Coverage Ratio since Q3 2015.
- Year-over-year, Interest Coverage Ratio increased in six of the last eight quarters, with growth averaging 24.8%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2022 (growth of 199.3%), and the weakest in Q1 2026 (a decline of 21.6%).
- Business Quant data shows OII's Interest Coverage Ratio at 10.43 (Q2 2026), 6.35 (Q1 2026) and 7.23 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 8.21 |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 14.23 |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 8.03 |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 8.19 |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 14.18 |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 153.72 |
| 10 | Oceaneering International | 3.49 Bn | 831.77 Mn | 164.56 Mn | 10.53 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.53 |
| 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 |
API Access
Oceaneering International Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=OII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "OII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=OII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();