Oceaneering International Inc (OII)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 246,270 181,328 110,863 39,799 -446,079
Total assets US$ in thousands 2,336,350 2,239,010 2,031,680 1,962,860 2,045,840
Operating ROA 10.54% 8.10% 5.46% 2.03% -21.80%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $246,270K ÷ $2,336,350K
= 10.54%

Oceaneering International Inc's operating return on assets (ROA) has shown significant improvement over the years. In December 31, 2020, the operating ROA was at a negative value of -21.80%, indicating operational inefficiencies and potential challenges in utilizing its assets effectively. However, the company's performance improved drastically in subsequent years, reaching 2.03% in December 31, 2021, 5.46% in December 31, 2022, 8.10% in December 31, 2023, and further improving to 10.54% by December 31, 2024.

This trend suggests that Oceaneering International Inc has been able to enhance its operational efficiency and generate more operating income relative to its assets over time. The positive trend in operating ROA indicates that the company is utilizing its assets more effectively to generate profits, which is a positive sign for investors and stakeholders. The increasing trend in operating ROA demonstrates the company's ability to efficiently manage its operations and leverage its assets for improved financial performance.