Below are the financial statements of Oceaneering International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 497.52a | 461.57a |
| Accounts receivable, net of allowances for doubtful accounts of $2,885 and $2,804 | 303.58a | 331.33a |
| Contract assets | 275.28a | 234.51a |
| Inventory, net | 222.85a | 209.8a |
| Other current assets | 88.67a | 68.46a |
| Total current assets | 1,387.9a | 1,305.66a |
| Property and equipment, at cost | 2,156.39a | 2,285.9a |
| Less accumulated depreciation | 1,736.29a | 1,861.6a |
| Net property and equipment | 420.1a | 424.29a |
| Other assets | — | — |
| Goodwill | 49.35a | 34.21a |
| Other noncurrent assets | 144.28a | 137.29a |
| Right-of-use operating lease assets | 334.72a | 337.55a |
| Total other assets | 528.35a | 509.05a |
| Total assets | 2,336.35a | 2,239.01a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 181.51a | 156.06a |
| Accrued liabilities | 474.74a | 411.78a |
| Contract liabilities | 140.7a | 164.63a |
| Total current liabilities | 796.94a | 732.48a |
| Long-term debt | 482.01a | 477.06a |
| Long-term operating lease liabilities | 238.33a | 293.48a |
| Other long-term liabilities | 98.75a | 101.91a |
| Equity | — | — |
| Common stock, par value $0.25 per share; 360,000,000 shares authorized; 110,834,088 shares issued | 27.71a | 27.71a |
| Additional paid-in capital | 98.62a | 131.77a |
| Treasury stock; 10,173,091 and 10,030,200 shares, at cost | -555.35a | -574.38a |
| Retained earnings | 1,572.73a | 1,425.26a |
| Accumulated other comprehensive loss | -429.45a | -382.34a |
| Oceaneering shareholders' equity | 714.26a | 628.02a |
| Noncontrolling interest | 6.06a | 6.06a |
| Total equity | 720.32a | 634.08a |
| Total liabilities and equity | 2,336.35a | 2,239.01a |
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