Oceaneering International Revenue vs. Return On Equity
| OII Stock | USD 24.44 0.04 0.16% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 668.8 M | Current Value 679.8 M | Quarterly Volatility 262.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.23 | 0.1645 |
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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 |
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 1.32 | 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.
Oceaneering International Return On Equity vs. Revenue 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 regarded second in revenue category among its peers. It is considered to be number one stock in return on equity category among its peers . The ratio of Revenue to Return On Equity for Oceaneering International is about 11,388,943,166 . As of now, Oceaneering International's Total Revenue 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 Revenue vs. Competition
Oceaneering International is regarded second in revenue category among its peers. Market size based on revenue of Energy industry is now estimated at about 9.53 Billion. Oceaneering International totals roughly 2.42 Billion in revenue claiming about 25% of equities under Energy industry.
Oceaneering Return On Equity vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Oceaneering International |
| = | 2.42 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Oceaneering International |
| = | 0.21 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Oceaneering Return On Equity Comparison
Oceaneering International is currently under evaluation in return on equity 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -382.3 M | -363.2 M | |
| Operating Income | 181.3 M | 118.3 M | |
| Income Before Tax | 161.1 M | 97.5 M | |
| Total Other Income Expense Net | -20.3 M | -21.3 M | |
| Net Income | 97.4 M | 102.3 M | |
| Income Tax Expense | 63.7 M | 40.5 M | |
| Net Income Applicable To Common Shares | 24.3 M | 23 M | |
| Net Income From Continuing Ops | 76 M | 55.3 M | |
| Non Operating Income Net Other | 8.5 M | 9 M | |
| Interest Income | 15.1 M | 10.5 M | |
| Net Interest Income | -23.1 M | -24.3 M | |
| Change To Netincome | 109.2 M | 174.8 M | |
| Net Income Per Share | 0.97 | 1.02 | |
| Income Quality | 1.99 | 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.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?
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Check out Your Equity Center. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.