Oceaneering International Shares Outstanding vs. Operating Margin

OII Stock  USD 26.12  1.08  3.97%   
Taking into consideration Oceaneering International's profitability measurements, Oceaneering International's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Oceaneering International's ability to earn profits and add value for shareholders. As of now, Oceaneering International's Price Sales Ratio is decreasing as compared to previous years. As of now, Oceaneering International's Net Income Per Share is decreasing as compared to previous years. The Oceaneering International's current Net Income Per E B T is estimated to increase to 0.73, while Accumulated Other Comprehensive Income is forecasted to increase to (363.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.230.1645
Significantly Up
Slightly volatile
For Oceaneering International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oceaneering International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oceaneering International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oceaneering International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oceaneering International over time as well as its relative position and ranking within its peers.
  

Oceaneering International's Revenue Breakdown by Earning Segment

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Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oceaneering International. If investors know Oceaneering will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oceaneering International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.379
Earnings Share
1.27
Revenue Per Share
25.723
Quarterly Revenue Growth
0.07
Return On Assets
0.0578
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Oceaneering International Operating Margin vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Oceaneering International's current stock value. Our valuation model uses many indicators to compare Oceaneering International value to that of its competitors to determine the firm's financial worth.
Oceaneering International is rated below average in shares outstanding category among its peers. It also is rated below average in operating margin category among its peers . The ratio of Shares Outstanding to Operating Margin for Oceaneering International is about  963,393,708 . As of now, Oceaneering International's Operating Profit Margin is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oceaneering International's earnings, one of the primary drivers of an investment's value.

Oceaneering International's Earnings Breakdown by Geography

Oceaneering Operating Margin vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Oceaneering International

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
101.06 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Oceaneering International

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
0.10 %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.

Oceaneering Operating Margin Comparison

Oceaneering International is currently under evaluation in operating margin category among its peers.

Oceaneering International Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Oceaneering International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oceaneering International will eventually generate negative long term returns. The profitability progress is the general direction of Oceaneering International's change in net profit over the period of time. It can combine multiple indicators of Oceaneering International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-382.3 M-363.2 M
Operating Income181.3 M118.3 M
Income Before Tax161.1 M97.5 M
Total Other Income Expense Net-20.3 M-19.3 M
Net Income97.4 M102.3 M
Income Tax Expense63.7 M40.5 M
Net Income Applicable To Common Shares24.3 M23 M
Net Income From Continuing Ops76 M55.3 M
Non Operating Income Net Other8.5 MM
Interest Income15.1 M10.5 M
Net Interest Income-23.1 M-24.3 M
Change To Netincome109.2 M174.8 M
Net Income Per Share 0.97  1.02 
Income Quality 2.16  2.10 
Net Income Per E B T 0.60  0.73 

Oceaneering Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Oceaneering International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oceaneering International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oceaneering International's important profitability drivers and their relationship over time.

Use Oceaneering International in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oceaneering International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oceaneering International will appreciate offsetting losses from the drop in the long position's value.

Oceaneering International Pair Trading

Oceaneering International Pair Trading Analysis

The ability to find closely correlated positions to Oceaneering International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceaneering International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oceaneering International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oceaneering International to buy it.
The correlation of Oceaneering International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oceaneering International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceaneering International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oceaneering International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Oceaneering International position

In addition to having Oceaneering International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
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For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project Oceaneering International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oceaneering International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Oceaneering International's income statement, its balance sheet, and the statement of cash flows.
Potential Oceaneering International investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Oceaneering International investors may work on each financial statement separately, they are all related. The changes in Oceaneering International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oceaneering International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.