Oceaneering International price to free cash flow OII

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 13.6×
10-year median: 18.5×
Against its 10-year history: 29th; percentile: 0 is its lowest day, 100 its highest
10-year range: 6.4× to 105×
Peer median: 14.7×

Oceaneering International's price to free cash flow is 13.6× as of Oct 23, 2026.

That is below its ten-year median of 18.5×, lower than on 71% of days in the last ten years.

Over that time it ranged from 6.4× in Apr 2022 to 105× in Feb 2020.

The median for 10 oilfield services stocks of a similar size is 14.7×.

Price to free cash flow over time

median 18.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	13.6×	13.6×	31.1×
2025	21.6×	17.8×	26.1×
2024	21.2×	16.0×	40.1×
2023	17.3×	15.7×	67.0×
2022	54.9×	6.4×	54.9×
2021	8.1×	7.9×	89.5×
2020	60.3×	28.4×	105×
2019	n/m a value too high to mean anything
2018	49.3×	13.2×	49.3×
2017	15.6×	8.7×	15.6×
2016	9.0×	5.5×	10.0×
2015	7.6×	7.5×	46.6×
2014	47.2×	45.6×	85.2×
2013	52.8×	42.2×	85.7×
2012	39.2×	38.5×	113×
2011	49.0×	20.0×	51.2×

Against its peers

Companies in Oil & Gas Equipment & Services nearest Oceaneering International's size, closest first, today.

Company	Price to free cash flow
OIIOceaneering International	13.6×
SEISolaris Energy Infrastructure	n/m
WHDCactus	n/m
LBRTLiberty Energy	n/m
WFRDWeatherford International	11.8×
NOVNOV	12.5×
INVXInnovex International	n/m
RESRPC	35.5×
HOSHornbeck Offshore Services	4.4×
FTITechnipFMC	17.4×
HALHalliburton	16.9×
Peer median	14.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Oceaneering International

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.