Oceaneering International Inc (OII)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	714,259	628,020	519,741	504,961	552,094
ROE		20.65%	15.51%	4.99%	-9.76%	-89.98%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $147,468K ÷ $714,259K
= 20.65%

Based on the data provided, Oceaneering International Inc's return on equity (ROE) has shown significant fluctuations over the past five years.

As of December 31, 2020, the ROE was at a low of -89.98%, indicating that the company was experiencing a substantial loss relative to its equity. However, there was a notable improvement by December 31, 2021, where the ROE improved to -9.76%, albeit still in negative territory.

By December 31, 2022, the ROE turned positive at 4.99%, signaling a turnaround in the company's ability to generate profit from its equity. This positive trend continued in the following years, with ROE increasing to 15.51% as of December 31, 2023, and further improving to 20.65% by December 31, 2024.

These changes can indicate that Oceaneering International Inc has made efforts to enhance the efficiency of its operations and improve profitability relative to its equity base. It is important for investors and stakeholders to monitor these improvements in ROE as it reflects the company's ability to generate profits from shareholder equity.