Oceaneering International Inc (OII)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 16.45% | 16.63% | 16.34% | 15.74% | 14.88% | 14.85% | 13.69% | 13.47% | 14.13% | 12.58% | 11.10% | 10.06% | 8.97% | 5.02% | 5.83% | 5.62% | 4.80% | 7.65% | 7.50% | 6.94% |
| Operating profit margin | 7.48% | 7.63% | 7.40% | 6.43% | 5.37% | 2.81% | 1.31% | 1.33% | 2.13% | 2.89% | -1.31% | -2.98% | -24.40% | -35.67% | -31.91% | -31.08% | -14.19% | -6.74% | -6.49% | -7.05% |
| Pretax margin | 6.64% | 7.31% | 6.87% | 6.01% | 4.75% | 2.16% | 0.59% | 0.46% | 1.10% | 2.04% | -2.28% | -4.20% | -25.90% | -38.07% | -34.28% | -33.09% | -15.73% | -10.32% | -9.57% | -10.25% |
| Net profit margin | 4.02% | 4.12% | 3.74% | 3.16% | 2.18% | -0.49% | -1.86% | -1.75% | -1.23% | -0.55% | -4.56% | -6.54% | -25.78% | -36.95% | -33.23% | -32.64% | -16.59% | -9.21% | -11.13% | -11.12% |
Oceaneering International, Inc. has shown a steady improvement in its profitability ratios over the quarters analyzed. The gross profit margin has been consistently positive and increasing, from 14.88% in Q4 2022 to 16.45% in Q4 2023. This indicates the company's ability to control its cost of goods sold and generate more gross profit on its revenue.
Similarly, the operating profit margin has also shown a positive trend, increasing from 5.37% in Q4 2022 to 7.48% in Q4 2023. This improvement indicates that Oceaneering International has been managing its operating expenses more efficiently and generating more profit from its core operations.
The pretax margin and net profit margin have also shown significant improvements over the quarters analyzed. The pretax margin has increased from 3.83% in Q4 2022 to 6.64% in Q4 2023, while the net profit margin has risen from 1.26% to 4.02% during the same period. These improvements suggest that the company's profitability after accounting for taxes and other expenses has been on the rise.
Overall, Oceaneering International, Inc. has demonstrated a positive trend in its profitability ratios, indicating effective cost management and stronger financial performance across the quarters analyzed.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.10% | 7.61% | 7.62% | 6.79% | 5.46% | 2.92% | 1.34% | 1.31% | 2.03% | 2.67% | -1.14% | -2.57% | -21.80% | -34.39% | -30.31% | -30.01% | -10.61% | -4.63% | -4.43% | -4.71% |
| Return on assets (ROA) | 4.35% | 4.11% | 3.86% | 3.34% | 2.21% | -0.51% | -1.89% | -1.73% | -1.18% | -0.51% | -3.98% | -5.64% | -23.04% | -35.62% | -31.57% | -31.52% | -12.39% | -6.33% | -7.59% | -7.44% |
| Return on total capital | 16.41% | 15.51% | 13.24% | 11.36% | 9.08% | 4.79% | 2.13% | 2.09% | 3.30% | 4.12% | -1.77% | -3.83% | -32.86% | -51.56% | -45.27% | -45.22% | -15.58% | -6.38% | -6.05% | -6.43% |
| Return on equity (ROE) | 15.51% | 16.79% | 15.32% | 13.12% | 8.66% | -2.07% | -7.53% | -6.64% | -4.57% | -1.84% | -14.73% | -20.84% | -85.36% | -131.19% | -108.51% | -108.23% | -31.77% | -14.08% | -16.49% | -15.95% |
Oceaneering International, Inc. has shown consistent improvement in its profitability ratios over the quarters analyzed. The Operating Return on Assets (Operating ROA) has been increasing steadily, indicating the company's ability to generate profits from its assets through operations. This suggests that Oceaneering is effectively managing its assets to generate earnings.
Return on Assets (ROA) has also been on an upward trend, reflecting an improvement in the company's ability to generate profits relative to its total assets. This indicates that Oceaneering is becoming more efficient in utilizing its assets to generate income.
Return on Total Capital and Return on Equity (ROE) have also shown positive growth over the quarters, indicating that the company is effectively utilizing its capital and equity to generate profits for its shareholders. The increase in these ratios suggests that Oceaneering is becoming more profitable and is delivering higher returns to its investors.
Overall, the profitability ratios of Oceaneering International, Inc. demonstrate a positive performance trend, reflecting the company's improving operational efficiency and ability to generate profits from its assets and investments.