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Oceaneering International vs Rpc: revenue, profit, margins and growth compared

Oceaneering International brought in $2.8B of revenue in fiscal 2025, Rpc $1.6B in fiscal 2025. Revenue changed by +4.6% at Oceaneering International and +15.0% at Rpc on the year before, so Rpc grew faster. Oceaneering International kept 12.7% of its revenue as net profit, Rpc 2.0%. Free cash flow was $207.8M at Oceaneering International and $52.9M at Rpc.

Side by side, latest fiscal year

OIIRES
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.8B$1.6B
Revenue growth+4.6%+15.0%
Net income$353.8M$32.1M
Net margin12.7%2.0%
Free cash flow$207.8M$52.9M
Free cash flow margin7.5%3.3%
Earnings per share (diluted)$3.49$0.15
Cash$688.9M$210M
Debt$487.4Mn/a
Price to earnings13.338.9
Market value$4.6B$1.3B
Dividend yieldn/a2.74%
Rank by revenue in sector#48 of 129 · Energy#64 of 129 · Energy

Over the years

Revenue
OII FY2018: $1.9BOII FY2019: $2BOII FY2020: $1.8BOII FY2021: $1.9BOII FY2022: $2.1BOII FY2023: $2.4BOII FY2024: $2.7BOII FY2025: $2.8BRES FY2018: $1.7BRES FY2019: $1.2BRES FY2020: $598.3MRES FY2021: $864.9MRES FY2022: $1.6BRES FY2023: $1.6BRES FY2024: $1.4BRES FY2025: $1.6BFY18FY19FY20FY21FY22FY23FY24FY25
OII $2.8BRES $1.6B
Net income
OII FY2018: -$212.3MOII FY2019: -$348.4MOII FY2020: -$496.8MOII FY2021: -$49.3MOII FY2022: $25.9MOII FY2023: $97.4MOII FY2024: $147.5MOII FY2025: $353.8MRES FY2018: $175.4MRES FY2019: -$87.1MRES FY2020: -$212.2MRES FY2021: $7.2MRES FY2022: $218.4MRES FY2023: $195.1MRES FY2024: $91.4MRES FY2025: $32.1MFY18FY19FY20FY21FY22FY23FY24FY25
OII $353.8MRES $32.1M
Net margin
OII FY2018: -11.1%OII FY2019: -17.0%OII FY2020: -27.2%OII FY2021: -2.6%OII FY2022: 1.3%OII FY2023: 4.0%OII FY2024: 5.5%OII FY2025: 12.7%RES FY2018: 10.2%RES FY2019: -7.1%RES FY2020: -35.5%RES FY2021: 0.8%RES FY2022: 13.6%RES FY2023: 12.1%RES FY2024: 6.5%RES FY2025: 2.0%FY18FY19FY20FY21FY22FY23FY24FY25
OII 12.7%RES 2.0%
Revenue growth
OII FY2019: +7.3%OII FY2020: -10.8%OII FY2021: +2.3%OII FY2022: +10.5%OII FY2023: +17.4%OII FY2024: +9.8%OII FY2025: +4.6%RES FY2019: -29.0%RES FY2020: -51.1%RES FY2021: +44.6%RES FY2022: +85.2%RES FY2023: +1.0%RES FY2024: -12.5%RES FY2025: +15.0%FY19FY20FY21FY22FY23FY24FY25
OII +4.6%RES +15.0%
Free cash flow
OII FY2018: -$72.9MOII FY2019: $9.9MOII FY2020: $76MOII FY2021: $175.1MOII FY2022: $39.8MOII FY2023: $109.2MOII FY2024: $96.1MOII FY2025: $207.8MRES FY2018: $146.4MRES FY2019: -$41.5MRES FY2020: $12.9MRES FY2021: -$19.9MRES FY2022: $61.7MRES FY2023: $213.8MRES FY2024: $129.5MRES FY2025: $52.9MFY18FY19FY20FY21FY22FY23FY24FY25
OII $207.8MRES $52.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Oceaneering International and Rpc

Which is bigger by revenue, Oceaneering International or Rpc?

Oceaneering International is bigger by revenue: $2.8B in fiscal 2025, against $1.6B for Rpc in fiscal 2025.

Which keeps more of its revenue as profit, Oceaneering International or Rpc?

Oceaneering International had a net margin of 12.7% in fiscal 2025; Rpc had 2.0% in fiscal 2025.

Which grew revenue faster, Oceaneering International or Rpc?

In their latest fiscal years revenue changed by +4.6% at Oceaneering International and +15.0% at Rpc.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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