Oceaneering International Inc (OII)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 147,468 | 97,403 | 25,941 | -49,307 | -496,751 |
| Revenue | US$ in thousands | 2,661,160 | 2,424,710 | 2,066,080 | 1,869,280 | 1,827,890 |
| Net profit margin | 5.54% | 4.02% | 1.26% | -2.64% | -27.18% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $147,468K ÷ $2,661,160K
= 5.54%
The net profit margin of Oceaneering International Inc has shown an improving trend over the past five years, starting from a significant negative figure of -27.18% as of December 31, 2020. Since then, there has been a consistent upward trajectory, with the net profit margin improving to -2.64% as of December 31, 2021, further increasing to 1.26% in 2022, and witnessing a more substantial growth to 4.02% by December 31, 2023. The trend culminated in a noteworthy net profit margin of 5.54% as of December 31, 2024, indicating enhanced profitability and operational efficiency over the period under consideration.
Peer comparison
Dec 31, 2024