Is OCEANEERING INTERNATIONAL INC (OII) Halal?

NYSE Energy United States $3.6B
✓ HALAL
Confidence: 95/100
OCEANEERING INTERNATIONAL INC (OII) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 25.6% against the AAOIFI threshold of 30%, OCEANEERING INTERNATIONAL INC comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas Equipment & Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 25.6%
/ 30%
20.4%
/ 30%
15.4%
/ 30%
0.52%
/ 5%
✓ HALAL
DJIM 25.6%
/ 33%
20.4%
/ 33%
15.4%
/ 33%
0.52%
/ 5%
✓ HALAL
MSCI 32.7%
/ 33%
26.1%
/ 33%
19.7%
/ 33%
0.52%
/ 5%
✓ HALAL
S&P 25.6%
/ 33%
20.4%
/ 33%
15.4%
/ 33%
0.52%
/ 5%
✓ HALAL
FTSE 32.7%
/ 33%
26.1%
/ 33%
19.7%
/ 50%
0.52%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
10.4
Forward: 17.2
EPS
$3.49
P/B Ratio
3.4
EV/EBITDA
9.3
EV: $3.8B
Revenue
$2.8B
Growth: -6.3%
Beta
1.2
High volatility
Current Ratio
2.0

Profitability

Gross Margin 20.4%
Operating Margin 9.8%
Net Margin 12.7%
Return on Equity (ROE) 39.4%
Return on Assets (ROA) 7.6%

Cash Flow & Balance Sheet

Operating Cash Flow$319M
Free Cash Flow$208M
Total Debt$873M
Debt-to-Equity81.1
Current Ratio2.0
Total Assets$2.7B

Price & Trading

Last Close$36.52
50-Day MA$33.32
200-Day MA$25.96
Avg Volume1.3M
Beta1.2
52-Week Range
$15.46
$39.00

About OCEANEERING INTERNATIONAL INC (OII)

CEO
Mr. Roderick A. Larson
Employees
11,100
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Exchange
NYSE
Market Cap
$3.6B
Currency
USD

Oceaneering International, Inc. provides engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries in the United States, Africa, the United Kingdom, Norway, Brazil, Asia, Australia, and internationally. It operates through five segments: Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies. The Subsea Robotics segment offers remotely operated vehicles (ROVs) for drill support and vessel-based services, including subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair; ROV tooling; and survey services comprising hydrographic survey and positioning services and autonomous underwater vehicles for geoscience. Its Manufactured Products segment provides distribution and connection systems, such as production control umbilicals and field development hardware and pipeline connection and repair systems; connectors and subsea and topside control valves primarily to the energy industry; and autonomous mobile robotic technology to various industries. The Offshore Projects Group segment offers subsea installation and intervention, including riserless light well intervention services, inspection, maintenance and repair services; installation and workover control systems and ROV workover control systems; diving services; project management and engineering; and drill pipe riser services and systems and wellhead load relief solutions. Its Integrity Management & Digital Solution segment provides asset integrity management services, as well as software, digital, and connectivity solutions for the energy industry. The Aerospace and Defense Technologies segment offers services and products, such as engineering and related manufacturing in defense and space exploration activities. The company was founded in 1964 and is headquartered in Houston, Texas.

Purification Calculator

As a halal stock with 0.52% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Energy

Frequently Asked Questions

Is OCEANEERING INTERNATIONAL INC (OII) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), OCEANEERING INTERNATIONAL INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is OCEANEERING INTERNATIONAL INC's debt ratio?

OCEANEERING INTERNATIONAL INC's debt ratio is 25.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 32.7%.

Does OCEANEERING INTERNATIONAL INC require dividend purification?

Yes, OCEANEERING INTERNATIONAL INC has an impermissible income ratio of 0.52%, which means 0.52% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are OCEANEERING INTERNATIONAL INC's key financial metrics?

OCEANEERING INTERNATIONAL INC has a market capitalization of $3.6B, trailing P/E ratio of 10.4, and revenue of $2.8B. The company maintains a gross margin of 20.4% and a net margin of 12.7%. Return on equity stands at 39.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.