Oceaneering Income Before Tax from 2010 to 2024

OII Stock  USD 24.44  0.04  0.16%   
Oceaneering International's Income Before Tax is decreasing with slightly volatile movements from year to year. Income Before Tax is predicted to flatten to about 97.5 M. For the period between 2010 and 2024, Oceaneering International, Income Before Tax quarterly trend regression had mean deviation of  238,073,755 and range of 1.1 B. View All Fundamentals
 
Income Before Tax  
First Reported
1989-06-30
Previous Quarter
55.3 M
Current Value
68.6 M
Quarterly Volatility
63.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oceaneering International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oceaneering International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.3 M, Interest Expense of 38.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0156 or PTB Ratio of 2.02. Oceaneering financial statements analysis is a perfect complement when working with Oceaneering International Valuation or Volatility modules.
  
Check out the analysis of Oceaneering International Correlation against competitors.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.

Latest Oceaneering International's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Oceaneering International over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Oceaneering International income statement and is an important metric when analyzing Oceaneering International profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Oceaneering International's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oceaneering International's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Oceaneering Income Before Tax Regression Statistics

Arithmetic Mean106,230,473
Geometric Mean124,898,228
Coefficient Of Variation292.94
Mean Deviation238,073,755
Median79,052,000
Standard Deviation311,189,446
Sample Variance96838.9T
Range1.1B
R-Value(0.47)
Mean Square Error81321.6T
R-Squared0.22
Significance0.08
Slope(32,654,233)
Total Sum of Squares1355744.2T

Oceaneering Income Before Tax History

202497.5 M
2023161.1 M
202279.1 M
2021-5.7 M
2020-498.9 M
2019-330.8 M
2018-185.8 M

About Oceaneering International Financial Statements

Investors use fundamental indicators, such as Oceaneering International's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Oceaneering International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax161.1 M97.5 M

Currently Active Assets on Macroaxis

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:
Check out the analysis of Oceaneering International Correlation against competitors.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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
1.32
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.