Oceaneering International (OII) Tax Rate (2010 - 2026)
Oceaneering International (OII) recorded Tax Rate of 26.14% in Q2 2026, down 4.44 percentage points from 30.57% a year earlier and down 8.01 percentage points from the prior quarter.
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Analysis
Oceaneering International (OII) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Oceaneering International's Tax Rate came in at -24.95% as of Jun 30, 2026, down 54.08 percentage points year-over-year; for FY2025, it was -23.74%, down 58.17 percentage points from FY2024.
- Annual Tax Rate has declined for three straight years, with a five-year change of -24.17 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 34.43% in FY2024 (-5.09 pp), 39.52% in FY2023 (-27.66 pp), 67.18% in FY2022 (+830.86 pp) and -763.67% in FY2021 (-764.10 pp).
- Quarterly Tax Rate has ranged from -205.25% in Q4 2025 to 219.06% in Q3 2021 over the past five years.
- On a year-over-year basis, Tax Rate rose in two of the last eight quarters, with an average year-over-year change of -34.05 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 229.05 percentage points in Q3 2021, against a drop of 529.37 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 34.15% (Q1 2026), -205.25% (Q4 2025) and 10.79% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Oceaneering International | 4.34 Bn | 1.92 Bn | 156.98 Mn | 26.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.14% |
| Mar 31, 2026 | 34.15% |
| Sep 30, 2025 | 10.79% |
| Jun 30, 2025 | 30.57% |
| Mar 31, 2025 | 27.39% |
| Dec 31, 2024 | 18.49% |
| Sep 30, 2024 | 39.89% |
| Jun 30, 2024 | 36.72% |
| Mar 31, 2024 | 52.96% |
| Dec 31, 2023 | 4.48% |
| Sep 30, 2023 | 44.09% |
| Jun 30, 2023 | 50.60% |
| Mar 31, 2023 | 82.08% |
| Dec 31, 2022 | 34.12% |
| Sep 30, 2022 | 51.83% |
| Jun 30, 2022 | 75.03% |
| Sep 30, 2021 | 219.06% |
| Jun 30, 2021 | 48.83% |
| Mar 31, 2021 | 414.68% |
| Sep 30, 2017 | 181.59% |
API Access
Oceaneering International Tax Rate 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=tax-rate&ticker=OII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=OII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();