Oceaneering International Inc
$4.91B- Market cap
- $5.12B
- Debt
- +$487.42M
- Cash
- −$695.87M
Capital structure 91% equity / 9% debt · EV / Revenue 1.76x · EV / EBITDA 11.55x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: OII stock price vs FFIV: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at FFIV's multiple
Needs FFIV P/E.
Implied fair value · at OII's multiple
Needs OII P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: OII FY 2025 (ended Dec 31, 2025) · FFIV FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 91% equity / 9% debt · EV / Revenue 1.76x · EV / EBITDA 11.55x
Capital structure 98% equity / 2% debt · EV / Revenue 6.86x · EV / EBITDA 24.89x
FFIV carries the larger enterprise value at $21.19B against $4.91B; OII trades on the lower EV / Revenue multiple (1.76x vs 6.86x); OII on the lower EV / EBITDA (11.55x vs 24.89x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
OCEANEERING INTERNATIONAL INC · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
F5, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.46x
0.12x
Net debt / EBITDA
Leverage against operating earnings
-0.49x
-1.09x
Cash and equivalents
Liquid reserves on the balance sheet
$695.87M
$1.34B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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