Oceaneering International Inc (OII)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 246,270 | 181,328 | 110,863 | 39,799 | -446,079 |
| Long-term debt | US$ in thousands | 482,009 | 477,058 | 700,973 | 702,067 | 805,251 |
| Total stockholders’ equity | US$ in thousands | 714,259 | 628,020 | 519,741 | 504,961 | 552,094 |
| Return on total capital | 20.59% | 16.41% | 9.08% | 3.30% | -32.86% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $246,270K ÷ ($482,009K + $714,259K)
= 20.59%
Oceaneering International Inc's return on total capital has exhibited a positive trend over the past five years. Starting at a negative rate of -32.86% on December 31, 2020, the company significantly improved its performance and achieved a return of 20.59% by December 31, 2024. This indicates a consistent and commendable increase in the company's efficiency in generating returns from its total capital employed. The upward trajectory suggests that Oceaneering International Inc has been utilizing its capital more effectively over time, resulting in improved profitability and value creation for its stakeholders.
Peer comparison
Dec 31, 2024