Oceaneering International Inc (OII)

Return on equity (ROE)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	147,468	135,898	124,473	108,478	97,403	95,051	83,542	68,260	44,990	-9,759	-35,432	-32,911	-23,066	-10,014	-82,009	-113,038	-471,271	-725,921	-672,079	-682,473
Total stockholders’ equity	US$ in thousands	714,259	697,978	651,032	623,080	628,020	566,272	545,419	520,243	519,741	471,235	470,665	495,992	504,961	543,034	556,669	542,282	552,094	553,356	619,346	630,596
ROE		20.65%	19.47%	19.12%	17.41%	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%

December 31, 2024 calculation

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

Oceaneering International Inc's return on equity (ROE) has shown a notable improvement over the past few quarters. The ROE was significantly negative, ranging from -108.23% to -131.19% in the first three quarters of 2020, indicating that the company was generating losses relative to its shareholders' equity.

However, the trend reversed in subsequent quarters, with the ROE gradually improving to -1.84% by September 2021. This improvement continued, with the ROE turning positive in December 2022 at 8.66% and further increasing to 20.65% by December 2024.

The upward trend in ROE suggests that Oceaneering International Inc has effectively utilized its equity to generate profits for shareholders. A higher ROE indicates that the company is efficiently using its equity capital to generate earnings growth. This positive trend in ROE reflects Oceaneering International Inc's improving profitability and efficiency in generating returns for its shareholders over the analyzed period.