Tidewater Inc. (TDW) 10-Year Financial Performance & Capital Metrics

TDW • • Industrial / General

EnergyOilfield ServicesSubsea & Offshore EquipmentOffshore Marine Services

AboutTidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It provides services in support of offshore oil and natural gas exploration, field development, and production, as well as windfarm development and maintenance, including towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, and seismic and subsea support; geotechnical survey support for windfarm construction; and various specialized services, such as pipe and cable laying. The company operates and charters deepwater vessels, including platform supply and horsepower anchor handling tug supply vessels for use in transporting supplies and equipment from shore bases to deepwater and intermediate water depth offshore drilling rigs and production platforms; towing-supply vessels for use in intermediate and shallow waters; and crew boats, utility vessels, and offshore tugs to transport personnel and supplies from shore bases to offshore drilling rigs, platforms, and other installations. It also operates offshore tugs for use in tow floating drilling rigs and barges; and assisting in the docking of tankers, as well as in pipe and cable laying, and construction barges. The company serves oil and natural gas exploration, field development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations, and other related companies; drilling contractors; and other companies, such as offshore construction, windfarm development, diving, and well stimulation companies. As of December 31, 2021, it owned 135 vessels. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.Show more

Revenue $1.35B +33.3%
EBITDA $468M +50.3%
Net Income $181M +85.9%
EPS (Diluted) 3.40 +84.8%
Gross Margin 30.2% +13.5%
EBITDA Margin 34.74% +12.8%
Operating Margin 23.13% +28.2%
Net Margin 13.42% +39.5%
ROE 16.81% +64.7%
ROIC 15.99% +38.5%
Debt/Equity 0.57 -19.0%
Interest Coverage 4.27 +13.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 8/9
✓FCF machine: 18.3% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 22.6%

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-1.05%

5Y22.57%

3Y53.65%

TTM4.42%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-16.39%

EPS CAGR

10Y-

5Y-

3Y-

TTM-12.65%

ROCE

10Y Avg-3.55%

5Y Avg1.74%

3Y Avg11.12%

Latest17.91%

Peer Comparison

Offshore Marine Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HLXHelix Energy Solutions Group, Inc.	1.06B	7.20	20	5.34%	3.25%	2.71%	15.37%	0.44
TDWTidewater Inc.	2.89B	58.36	17.16	33.25%	11.14%	13.32%	8.51%	0.57
VTOLBristow Group Inc.	1.18B	40.95	12.76	9.1%	9.56%	13.75%		1.07
VALValaris Limited	3.81B	54.72	10.69	32.42%	16.51%	16.28%		0.52

Profit & Loss

	Mar 2016	Mar 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	979.06M	601.61M	330.12M	406.52M	486.55M	397.04M	371.03M	647.68M	1.01B	1.35B
Revenue Growth %	-0.35%	-0.39%	-0.45%	0.23%	0.2%	-0.18%	-0.07%	0.75%	0.56%	0.33%
Cost of Goods Sold+	762.25M	539.19M	0	333.4M	433.93M	388.89M	378.59M	518.59M	741.19M	939.43M
COGS % of Revenue	0.78%	0.9%	-	0.82%	0.89%	0.98%	1.02%	0.8%	0.73%	0.7%
Gross Profit+	216.81M	62.42M	0	73.12M	52.62M	8.14M	-7.56M	129.09M	268.8M	406.4M
Gross Margin %	0.22%	0.1%	-	0.18%	0.11%	0.02%	-0.02%	0.2%	0.27%	0.3%
Gross Profit Growth %	-0.53%	-0.71%	-1%	-	-0.28%	-0.85%	-1.93%	18.08%	1.08%	0.51%
Operating Expenses+	286.33M	640.27M	0	180.61M	139.23M	194.95M	87.46M	102.39M	86.58M	95.06M
OpEx % of Revenue	0.29%	1.06%	-	0.44%	0.29%	0.49%	0.24%	0.16%	0.09%	0.07%
Selling, General & Admin	187.47M	179.65M	88.45M	98.88M	103.72M	71.94M	68.17M	99.9M	94.19M	110.1M
SG&A % of Revenue	0.19%	0.3%	0.27%	0.24%	0.21%	0.18%	0.18%	0.15%	0.09%	0.08%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	98.86M	460.63M	0	70.59M	35.51M	123.01M	19.29M	2.49M	-7.61M	-15.05M
Operating Income+	-69.52M	-577.85M	0	-107.5M	-86.6M	-186.8M	-95.02M	26.71M	182.22M	311.35M
Operating Margin %	-0.07%	-0.96%	-	-0.26%	-0.18%	-0.47%	-0.26%	0.04%	0.18%	0.23%
Operating Income Growth %	-0.87%	-7.31%	1%	-	0.19%	-1.16%	0.49%	1.28%	5.82%	0.71%
EBITDA+	112.78M	-410.56M	0	-56.16M	-9.56M	-113.77M	-21.79M	110.23M	310.99M	467.51M
EBITDA Margin %	0.12%	-0.68%	-	-0.14%	-0.02%	-0.29%	-0.06%	0.17%	0.31%	0.35%
EBITDA Growth %	-0.18%	-4.64%	1%	-	0.83%	-10.9%	0.81%	6.06%	1.82%	0.5%
D&A (Non-Cash Add-back)	182.31M	167.29M	0	51.33M	77.05M	73.03M	73.22M	83.52M	128.78M	156.17M
EBIT	-85.81M	-568.59M	0	-123.08M	-84.43M	-173.5M	-108.2M	14.88M	187.4M	302.45M
Net Interest Income+	-51.05M	-69.83M	0	-19.14M	-22.47M	-22.93M	-13.98M	-11.79M	-41.95M	-66.58M
Interest Income	2.7M	5.19M	0	11.29M	6.6M	1.23M	1.6M	5.4M	6.52M	6.38M
Interest Expense	53.75M	75.03M	0	30.44M	29.07M	24.16M	15.58M	17.19M	48.47M	72.97M
Other Income/Expense	-70.03M	-65.76M	0	-46.02M	-26.89M	-10.86M	-28.77M	-29.02M	-43.29M	-81.86M
Pretax Income+	-139.56M	-643.61M	-1.68B	-153.52M	-113.5M	-197.66M	-123.78M	-2.31M	138.93M	229.49M
Pretax Margin %	-0.14%	-1.07%	-5.1%	-0.38%	-0.23%	-0.5%	-0.33%	-0%	0.14%	0.17%
Income Tax+	20.82M	6.4M	805K	18.25M	27.72M	-965K	5.88M	19.89M	43.31M	50.22M
Effective Tax Rate %	1.15%	1.03%	1.33%	1.12%	1.25%	0.99%	1.04%	9.43%	0.7%	0.79%
Net Income+	-160.18M	-660.12M	-2.25B	-171.52M	-141.74M	-196.24M	-128.97M	-21.75M	97.19M	180.66M
Net Margin %	-0.16%	-1.1%	-6.81%	-0.42%	-0.29%	-0.49%	-0.35%	-0.03%	0.1%	0.13%
Net Income Growth %	-1.46%	-3.12%	-2.41%	0.92%	0.17%	-0.38%	0.34%	0.83%	5.47%	0.86%
Net Income (Continuing)	-160.38M	-650.01M	-1.69B	-171.77M	-141.22M	-196.7M	-129.66M	-22.19M	95.62M	179.27M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	6.03M	16.14M	2.21M	1.09M	1.61M	1.16M	466K	22K	-1.54M	-2.93M
EPS (Diluted)+	-8.68	-35.77	-101.66	-6.45	-3.71	-4.86	-3.14	-0.49	1.84	3.40
EPS Growth %	-1.46%	-3.12%	-1.84%	0.94%	0.42%	-0.31%	0.35%	0.84%	4.76%	0.85%
EPS (Basic)	-8.68	-35.77	-101.66	-6.45	-3.71	-4.86	-3.14	-0.49	1.88	3.44
Diluted Shares Outstanding	18.46M	18.46M	22.12M	26.59M	38.2M	40.35M	41.01M	44.13M	52.94M	53.07M
Basic Shares Outstanding	18.46M	18.46M	22.12M	26.59M	38.2M	40.35M	41.01M	44.13M	51.59M	52.45M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.32B	1.14B	845.18M	683.3M	537.3M	388.65M	342.67M	377.91M	591.13M	698.66M
Cash & Short-Term Investments	678.44M	706.4M	440.94M	371.79M	218.29M	149.93M	149.04M	164.19M	274.44M	324.92M
Cash Only	678.44M	706.4M	432.04M	371.79M	218.29M	149.93M	149.04M	164.19M	274.44M	324.92M
Short-Term Investments	0	0	8.91M	0	0	0	0	0	0	0
Accounts Receivable	566.71M	385.91M	344.5M	244.22M	236.15M	174.67M	156.64M	156.47M	268.35M	323.81M
Days Sales Outstanding	211.27	234.14	380.9	219.27	177.16	160.58	154.09	88.18	96.98	87.82
Inventory	33.41M	30.56M	28.22M	29.5M	21.86M	15.88M	12.61M	30.83M	31.93M	34.32M
Days Inventory Outstanding	16	20.69	-	32.3	18.38	14.9	12.15	21.7	15.73	13.33
Other Current Assets	0	3.94M	21.3M	25.95M	45.04M	36.48M	15.66M	26.42M	16.41M	15.62M
Total Non-Current Assets+	3.66B	3.05B	914.41M	1.14B	1.04B	862.53M	753.11M	919.75M	1.47B	1.38B
Property, Plant & Equipment	3.55B	2.86B	850.93M	1.09B	938.96M	780.32M	688.04M	796.65M	1.32B	1.18B
Fixed Asset Turnover	0.28x	0.21x	0.39x	0.37x	0.52x	0.51x	0.54x	0.81x	0.76x	1.14x
Goodwill	566.71M	385.91M	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	244.22M	0	0	0	0	0	0
Long-Term Investments	37.5M	45.12M	29.22M	1.04M	0	0	0	0	0	0
Other Non-Current Assets	38.18M	100.4M	34.26M	53.15M	103.27M	82.21M	65.07M	123.09M	156.52M	191.96M
Total Assets+	4.98B	4.19B	1.76B	1.83B	1.58B	1.25B	1.1B	1.3B	2.06B	2.07B
Asset Turnover	0.20x	0.14x	0.19x	0.22x	0.31x	0.32x	0.34x	0.50x	0.49x	0.65x
Asset Growth %	0.05%	-0.16%	-0.58%	0.04%	-0.14%	-0.21%	-0.12%	0.18%	0.59%	0.01%
Total Current Liabilities+	2.45B	2.33B	220.13M	158.35M	185.68M	183.18M	157.94M	194.79M	328.73M	331.61M
Accounts Payable	49.13M	31.6M	38.5M	31.94M	27.5M	16.98M	20.79M	38.95M	44.93M	71.39M
Days Payables Outstanding	23.53	21.39	-	34.97	23.13	15.94	20.04	27.41	22.13	27.74
Short-Term Debt	2.05B	2.03B	5.1M	8.57M	9.89M	27.8M	0	0	103.08M	65.39M
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	0	0
Other Current Liabilities	5.17M	1.13M	893K	7.92M	5.44M	8.9M	4.89M	10.97M	10.67M	16.83M
Current Ratio	0.54x	0.49x	3.84x	4.32x	2.89x	2.12x	2.17x	1.94x	1.80x	2.11x
Quick Ratio	0.53x	0.48x	3.71x	4.13x	2.78x	2.04x	2.09x	1.78x	1.70x	2.00x
Cash Conversion Cycle	203.75	233.43	-	216.61	172.41	159.54	146.2	82.46	90.58	73.42
Total Non-Current Liabilities+	225.87M	210.93M	517.52M	524.46M	377.44M	244.73M	236.07M	236.88M	696.35M	632.11M
Long-Term Debt	0	54.94M	443.06M	430.44M	279.04M	164.93M	167.88M	169.04M	631.36M	571.71M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	34.84M	46.01M	0	1.91M	2.57M	0	0	0	0	0
Other Non-Current Liabilities	78.3M	75.99M	74.46M	92.11M	95.83M	79.79M	68.18M	67.84M	64.98M	60.4M
Total Liabilities	2.68B	2.54B	737.65M	682.82M	563.12M	427.9M	394.01M	431.67M	1.03B	963.72M
Total Debt+	2.05B	2.03B	448.16M	439M	288.93M	192.73M	167.88M	169.04M	734.44M	637.1M
Net Debt	1.37B	1.33B	16.13M	67.21M	70.64M	42.8M	18.85M	4.84M	460M	312.18M
Debt / Equity	0.89x	1.23x	0.44x	0.38x	0.28x	0.23x	0.24x	0.20x	0.71x	0.57x
Debt / EBITDA	18.14x	-	-	-	-	-	-	1.53x	2.36x	1.36x
Net Debt / EBITDA	12.12x	-	-	-	-	-	-	0.04x	1.48x	0.67x
Interest Coverage	-1.29x	-7.70x	-	-3.53x	-2.98x	-7.73x	-6.10x	1.55x	3.76x	4.27x
Total Equity+	2.31B	1.65B	1.02B	1.14B	1.02B	823.27M	701.77M	865.99M	1.04B	1.11B
Equity Growth %	-0.07%	-0.28%	-0.38%	0.12%	-0.11%	-0.19%	-0.15%	0.23%	0.2%	0.07%
Book Value per Share	124.92	89.46	46.21	43.06	26.60	20.40	17.11	19.62	19.60	20.94
Total Shareholders' Equity	2.3B	1.63B	1.02B	1.14B	1.01B	822.12M	701.3M	865.97M	1.04B	1.11B
Common Stock	4.71M	4.71M	22K	37K	40K	41K	41K	51K	52K	52K
Retained Earnings	2.14B	1.48B	-39.27M	-210.78M	-352.53M	-548.93M	-677.9M	-699.65M	-637.84M	-548.83M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-6.87M	-10.34M	-147K	2.19M	-236K	-804K	2.67M	8.58M	5.27M	6.06M
Minority Interest	6.03M	16.14M	2.21M	1.09M	1.61M	1.16M	466K	22K	-1.54M	-2.93M

Cash Flow

	Mar 2016	Mar 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	253.36M	29.82M	-57.13M	3.94M	-31.42M	3.99M	15.01M	40.23M	104.7M	273.85M
Operating CF Margin %	0.26%	0.05%	-0.17%	0.01%	-0.06%	0.01%	0.04%	0.06%	0.1%	0.2%
Operating CF Growth %	-0.29%	-0.88%	-2.92%	1.07%	-8.97%	1.13%	2.76%	1.68%	1.6%	1.62%
Net Income	-160.38M	-650.01M	-2.25B	-171.77M	-141.22M	-196.7M	-129.66M	-22.19M	95.62M	179.27M
Depreciation & Amortization	182.31M	167.29M	67.78M	51.33M	77.05M	73.03M	73.22M	83.52M	128.78M	156.17M
Stock-Based Compensation	13.22M	3.28M	4.64M	13.41M	19.6M	5.12M	5.64M	7.37M	10.76M	13.68M
Deferred Taxes	-6.8M	-2.2M	-5.54M	572K	672K	1.22M	-1.29M	36K	92K	-2.81M
Other Non-Cash Items	121.58M	457.94M	2.24B	111.99M	56.56M	169.14M	74.54M	50.66M	41.36M	72.58M
Working Capital Changes	103.42M	53.52M	10.09M	-1.59M	-44.08M	-47.83M	-7.44M	-79.17M	-171.9M	-145.05M
Change in Receivables	71.54M	104.83M	7.53M	9.09M	1.09M	-2.61M	26.12M	-4.13M	-109.76M	-55.45M
Change in Inventory	13.67M	2.29M	1.32M	-1.96M	2.42M	2.59M	1.36M	-14.61M	1.98M	-2.91M
Change in Payables	-4.88M	-17.53M	6.9M	-15.17M	-4.44M	-10.52M	3.81M	16.48M	5.99M	26.45M
Cash from Investing+	-135M	14.86M	28.09M	68.53M	10.85M	23.4M	25.06M	-23.81M	-610.27M	-188K
Capital Expenditures	-194.49M	-25.5M	-12.1M	-21.39M	-18M	-14.9M	-8.95M	-16.64M	-31.59M	-27.58M
CapEx % of Revenue	0.2%	0.04%	0.04%	0.05%	0.04%	0.04%	0.02%	0.03%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	59.49M	40.36M	42.65M	89.92M	28.85M	38.3M	34.01M	13.57M	15.51M	27.39M
Cash from Financing+	481.51M	-16.72M	-224.02M	-128.06M	-149.56M	-99.77M	-41.01M	-2.72M	615.56M	-222.59M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-35.39M	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2.6M	-6.65M	-1.2M	-6.4M	-15.87M	-1.69M	-14.47M	-190.55M	89.26M	-28.82M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	58.88M	4.32M	-69.23M	-17.45M	-49.42M	-10.91M	6.05M	23.59M	73.12M	246.27M
FCF Margin %	0.06%	0.01%	-0.21%	-0.04%	-0.1%	-0.03%	0.02%	0.04%	0.07%	0.18%
FCF Growth %	11.74%	-0.93%	-17.02%	0.75%	-1.83%	0.78%	1.55%	2.9%	2.1%	2.37%
FCF per Share	3.19	0.23	-3.13	-0.66	-1.29	-0.27	0.15	0.53	1.38	4.64
FCF Conversion (FCF/Net Income)	-1.58x	-0.05x	0.03x	-0.02x	0.22x	-0.02x	-0.12x	-1.85x	1.08x	1.52x
Interest Paid	50.73M	70.69M	0	32.33M	32.69M	21.23M	13.75M	15.55M	26.64M	66.9M
Taxes Paid	51.59M	26.92M	0	16.83M	14.38M	13.02M	19.01M	22.27M	43.88M	56.91M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-6.69%	-33.37%	-168.22%	-15.83%	-13.12%	-21.33%	-16.91%	-2.77%	10.21%	16.81%
Return on Invested Capital (ROIC)	-1.37%	-13.03%	-	-7.17%	-5.65%	-14.35%	-8.98%	2.52%	11.54%	15.99%
Gross Margin	22.14%	10.38%	-	17.99%	10.82%	2.05%	-2.04%	19.93%	26.61%	30.2%
Net Margin	-16.36%	-109.73%	-681.03%	-42.19%	-29.13%	-49.43%	-34.76%	-3.36%	9.62%	13.42%
Debt / Equity	0.89x	1.23x	0.44x	0.38x	0.28x	0.23x	0.24x	0.20x	0.71x	0.57x
Interest Coverage	-1.29x	-7.70x	-	-3.53x	-2.98x	-7.73x	-6.10x	1.55x	3.76x	4.27x
FCF Conversion	-1.58x	-0.05x	0.03x	-0.02x	0.22x	-0.02x	-0.12x	-1.85x	1.08x	1.52x
Revenue Growth	-34.53%	-38.55%	-45.13%	23.14%	19.69%	-18.4%	-6.55%	74.56%	55.94%	33.25%

Revenue by Segment

	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
Vessel	-	-	-	-	-	386.17M	361.57M	641.4M	998.99M	1.34B
Vessel Growth	-	-	-	-	-	-	-6.37%	77.39%	55.75%	33.90%
Product and Service, Other	-	-	-	-	-	10.86M	9.46M	6.28M	10.99M	8.2M
Product and Service, Other Growth	-	-	-	-	-	-	-12.89%	-33.64%	75.03%	-25.42%
Service	-	-	-	-	477.01M	-	-	-	-	-
Service Growth	-	-	-	-	-	-	-	-	-	-
Product And Service Other	-	-	-	-	9.53M	-	-	-	-	-
Product And Service Other Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet	-	-	-	397.21M	-	-	-	-	-	-
Worldwide Fleet Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet Deepwater Vessels	-	-	-	227.04M	-	-	-	-	-	-
Worldwide Fleet Deepwater Vessels Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet Towing Supply And Supply	-	-	-	145.03M	-	-	-	-	-	-
Worldwide Fleet Towing Supply And Supply Growth	-	-	-	-	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Deepwater	-	-	-	53.13M	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Deepwater Growth	-	-	-	-	-	-	-	-	-	-
Middle East And Asia Pacific Fleet Towing Supply And Supply	-	-	-	44.72M	-	-	-	-	-	-
Middle East And Asia Pacific Fleet Towing Supply And Supply Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet Other	-	-	-	25.13M	-	-	-	-	-	-
Worldwide Fleet Other Growth	-	-	-	-	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Towing Supply And Supply	-	-	-	3.13M	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Towing Supply And Supply Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
West Africa	-	-	-	-	126.03M	78.76M	75.97M	190.35M	273.96M	380.11M
West Africa Growth	-	-	-	-	-	-37.50%	-3.55%	150.57%	43.93%	38.75%
Europe and Mediterranean	-	-	-	-	123.71M	83.6M	80.91M	129.58M	230.22M	333.08M
Europe and Mediterranean Growth	-	-	-	-	-	-32.42%	-3.22%	60.14%	77.67%	44.68%
Americas	-	-	-	-	136.96M	126.68M	102.15M	146.87M	237.21M	261.93M
Americas Growth	-	-	-	-	-	-7.51%	-19.36%	43.78%	61.51%	10.42%
Asia Pacific	-	-	-	-	-	-	-	64.23M	122.23M	210.33M
Asia Pacific Growth	-	-	-	-	-	-	-	-	90.31%	72.07%
Middle East	-	-	-	-	-	-	-	110.38M	135.38M	152.19M
Middle East Growth	-	-	-	-	-	-	-	-	22.65%	12.42%
Middle East And Asia Pacific	-	-	-	-	90.32M	97.13M	102.54M	-	-	-
Middle East And Asia Pacific Growth	-	-	-	-	-	7.54%	5.56%	-	-	-
ANGOLA	-	351M	213M	59M	-	-	-	-	-	-
ANGOLA Growth	-	-	-39.32%	-72.30%	-	-	-	-	-	-
A O	356.8M	-	-	-	-	-	-	-	-	-
A O Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Tidewater Inc. (TDW) has a price-to-earnings (P/E) ratio of 17.2x. This is roughly in line with market averages.

Growth & Financials

Tidewater Inc. (TDW) reported $1.36B in revenue for fiscal year 2024. This represents a 28% increase from $1.07B in 2011.

Tidewater Inc. (TDW) grew revenue by 33.3% over the past year. This is strong growth.

Yes, Tidewater Inc. (TDW) is profitable, generating $151.7M in net income for fiscal year 2024 (13.4% net margin).

Dividend & Returns

Tidewater Inc. (TDW) has a return on equity (ROE) of 16.8%. This is reasonable for most industries.

Tidewater Inc. (TDW) generated $292.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Tidewater Inc. (TDW) 10-Year Financial Performance & Capital Metrics

TDW • • Industrial / General

EnergyOilfield ServicesSubsea & Offshore EquipmentOffshore Marine Services

Revenue $1.35B +33.3%
EBITDA $468M +50.3%
Net Income $181M +85.9%
EPS (Diluted) 3.40 +84.8%
Gross Margin 30.2% +13.5%
EBITDA Margin 34.74% +12.8%
Operating Margin 23.13% +28.2%
Net Margin 13.42% +39.5%
ROE 16.81% +64.7%
ROIC 15.99% +38.5%
Debt/Equity 0.57 -19.0%
Interest Coverage 4.27 +13.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 8/9
✓FCF machine: 18.3% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 22.6%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-1.05%

5Y22.57%

3Y53.65%

TTM4.42%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-16.39%

EPS CAGR

10Y-

5Y-

3Y-

TTM-12.65%

ROCE

10Y Avg-3.55%

5Y Avg1.74%

3Y Avg11.12%

Latest17.91%

Peer Comparison

Offshore Marine Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HLXHelix Energy Solutions Group, Inc.	1.06B	7.20	20	5.34%	3.25%	2.71%	15.37%	0.44
TDWTidewater Inc.	2.89B	58.36	17.16	33.25%	11.14%	13.32%	8.51%	0.57
VTOLBristow Group Inc.	1.18B	40.95	12.76	9.1%	9.56%	13.75%		1.07
VALValaris Limited	3.81B	54.72	10.69	32.42%	16.51%	16.28%		0.52

Profit & Loss

	Mar 2016	Mar 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	979.06M	601.61M	330.12M	406.52M	486.55M	397.04M	371.03M	647.68M	1.01B	1.35B
Revenue Growth %	-0.35%	-0.39%	-0.45%	0.23%	0.2%	-0.18%	-0.07%	0.75%	0.56%	0.33%
Cost of Goods Sold+	762.25M	539.19M	0	333.4M	433.93M	388.89M	378.59M	518.59M	741.19M	939.43M
COGS % of Revenue	0.78%	0.9%	-	0.82%	0.89%	0.98%	1.02%	0.8%	0.73%	0.7%
Gross Profit+	216.81M	62.42M	0	73.12M	52.62M	8.14M	-7.56M	129.09M	268.8M	406.4M
Gross Margin %	0.22%	0.1%	-	0.18%	0.11%	0.02%	-0.02%	0.2%	0.27%	0.3%
Gross Profit Growth %	-0.53%	-0.71%	-1%	-	-0.28%	-0.85%	-1.93%	18.08%	1.08%	0.51%
Operating Expenses+	286.33M	640.27M	0	180.61M	139.23M	194.95M	87.46M	102.39M	86.58M	95.06M
OpEx % of Revenue	0.29%	1.06%	-	0.44%	0.29%	0.49%	0.24%	0.16%	0.09%	0.07%
Selling, General & Admin	187.47M	179.65M	88.45M	98.88M	103.72M	71.94M	68.17M	99.9M	94.19M	110.1M
SG&A % of Revenue	0.19%	0.3%	0.27%	0.24%	0.21%	0.18%	0.18%	0.15%	0.09%	0.08%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	98.86M	460.63M	0	70.59M	35.51M	123.01M	19.29M	2.49M	-7.61M	-15.05M
Operating Income+	-69.52M	-577.85M	0	-107.5M	-86.6M	-186.8M	-95.02M	26.71M	182.22M	311.35M
Operating Margin %	-0.07%	-0.96%	-	-0.26%	-0.18%	-0.47%	-0.26%	0.04%	0.18%	0.23%
Operating Income Growth %	-0.87%	-7.31%	1%	-	0.19%	-1.16%	0.49%	1.28%	5.82%	0.71%
EBITDA+	112.78M	-410.56M	0	-56.16M	-9.56M	-113.77M	-21.79M	110.23M	310.99M	467.51M
EBITDA Margin %	0.12%	-0.68%	-	-0.14%	-0.02%	-0.29%	-0.06%	0.17%	0.31%	0.35%
EBITDA Growth %	-0.18%	-4.64%	1%	-	0.83%	-10.9%	0.81%	6.06%	1.82%	0.5%
D&A (Non-Cash Add-back)	182.31M	167.29M	0	51.33M	77.05M	73.03M	73.22M	83.52M	128.78M	156.17M
EBIT	-85.81M	-568.59M	0	-123.08M	-84.43M	-173.5M	-108.2M	14.88M	187.4M	302.45M
Net Interest Income+	-51.05M	-69.83M	0	-19.14M	-22.47M	-22.93M	-13.98M	-11.79M	-41.95M	-66.58M
Interest Income	2.7M	5.19M	0	11.29M	6.6M	1.23M	1.6M	5.4M	6.52M	6.38M
Interest Expense	53.75M	75.03M	0	30.44M	29.07M	24.16M	15.58M	17.19M	48.47M	72.97M
Other Income/Expense	-70.03M	-65.76M	0	-46.02M	-26.89M	-10.86M	-28.77M	-29.02M	-43.29M	-81.86M
Pretax Income+	-139.56M	-643.61M	-1.68B	-153.52M	-113.5M	-197.66M	-123.78M	-2.31M	138.93M	229.49M
Pretax Margin %	-0.14%	-1.07%	-5.1%	-0.38%	-0.23%	-0.5%	-0.33%	-0%	0.14%	0.17%
Income Tax+	20.82M	6.4M	805K	18.25M	27.72M	-965K	5.88M	19.89M	43.31M	50.22M
Effective Tax Rate %	1.15%	1.03%	1.33%	1.12%	1.25%	0.99%	1.04%	9.43%	0.7%	0.79%
Net Income+	-160.18M	-660.12M	-2.25B	-171.52M	-141.74M	-196.24M	-128.97M	-21.75M	97.19M	180.66M
Net Margin %	-0.16%	-1.1%	-6.81%	-0.42%	-0.29%	-0.49%	-0.35%	-0.03%	0.1%	0.13%
Net Income Growth %	-1.46%	-3.12%	-2.41%	0.92%	0.17%	-0.38%	0.34%	0.83%	5.47%	0.86%
Net Income (Continuing)	-160.38M	-650.01M	-1.69B	-171.77M	-141.22M	-196.7M	-129.66M	-22.19M	95.62M	179.27M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	6.03M	16.14M	2.21M	1.09M	1.61M	1.16M	466K	22K	-1.54M	-2.93M
EPS (Diluted)+	-8.68	-35.77	-101.66	-6.45	-3.71	-4.86	-3.14	-0.49	1.84	3.40
EPS Growth %	-1.46%	-3.12%	-1.84%	0.94%	0.42%	-0.31%	0.35%	0.84%	4.76%	0.85%
EPS (Basic)	-8.68	-35.77	-101.66	-6.45	-3.71	-4.86	-3.14	-0.49	1.88	3.44
Diluted Shares Outstanding	18.46M	18.46M	22.12M	26.59M	38.2M	40.35M	41.01M	44.13M	52.94M	53.07M
Basic Shares Outstanding	18.46M	18.46M	22.12M	26.59M	38.2M	40.35M	41.01M	44.13M	51.59M	52.45M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.32B	1.14B	845.18M	683.3M	537.3M	388.65M	342.67M	377.91M	591.13M	698.66M
Cash & Short-Term Investments	678.44M	706.4M	440.94M	371.79M	218.29M	149.93M	149.04M	164.19M	274.44M	324.92M
Cash Only	678.44M	706.4M	432.04M	371.79M	218.29M	149.93M	149.04M	164.19M	274.44M	324.92M
Short-Term Investments	0	0	8.91M	0	0	0	0	0	0	0
Accounts Receivable	566.71M	385.91M	344.5M	244.22M	236.15M	174.67M	156.64M	156.47M	268.35M	323.81M
Days Sales Outstanding	211.27	234.14	380.9	219.27	177.16	160.58	154.09	88.18	96.98	87.82
Inventory	33.41M	30.56M	28.22M	29.5M	21.86M	15.88M	12.61M	30.83M	31.93M	34.32M
Days Inventory Outstanding	16	20.69	-	32.3	18.38	14.9	12.15	21.7	15.73	13.33
Other Current Assets	0	3.94M	21.3M	25.95M	45.04M	36.48M	15.66M	26.42M	16.41M	15.62M
Total Non-Current Assets+	3.66B	3.05B	914.41M	1.14B	1.04B	862.53M	753.11M	919.75M	1.47B	1.38B
Property, Plant & Equipment	3.55B	2.86B	850.93M	1.09B	938.96M	780.32M	688.04M	796.65M	1.32B	1.18B
Fixed Asset Turnover	0.28x	0.21x	0.39x	0.37x	0.52x	0.51x	0.54x	0.81x	0.76x	1.14x
Goodwill	566.71M	385.91M	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	244.22M	0	0	0	0	0	0
Long-Term Investments	37.5M	45.12M	29.22M	1.04M	0	0	0	0	0	0
Other Non-Current Assets	38.18M	100.4M	34.26M	53.15M	103.27M	82.21M	65.07M	123.09M	156.52M	191.96M
Total Assets+	4.98B	4.19B	1.76B	1.83B	1.58B	1.25B	1.1B	1.3B	2.06B	2.07B
Asset Turnover	0.20x	0.14x	0.19x	0.22x	0.31x	0.32x	0.34x	0.50x	0.49x	0.65x
Asset Growth %	0.05%	-0.16%	-0.58%	0.04%	-0.14%	-0.21%	-0.12%	0.18%	0.59%	0.01%
Total Current Liabilities+	2.45B	2.33B	220.13M	158.35M	185.68M	183.18M	157.94M	194.79M	328.73M	331.61M
Accounts Payable	49.13M	31.6M	38.5M	31.94M	27.5M	16.98M	20.79M	38.95M	44.93M	71.39M
Days Payables Outstanding	23.53	21.39	-	34.97	23.13	15.94	20.04	27.41	22.13	27.74
Short-Term Debt	2.05B	2.03B	5.1M	8.57M	9.89M	27.8M	0	0	103.08M	65.39M
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	0	0
Other Current Liabilities	5.17M	1.13M	893K	7.92M	5.44M	8.9M	4.89M	10.97M	10.67M	16.83M
Current Ratio	0.54x	0.49x	3.84x	4.32x	2.89x	2.12x	2.17x	1.94x	1.80x	2.11x
Quick Ratio	0.53x	0.48x	3.71x	4.13x	2.78x	2.04x	2.09x	1.78x	1.70x	2.00x
Cash Conversion Cycle	203.75	233.43	-	216.61	172.41	159.54	146.2	82.46	90.58	73.42
Total Non-Current Liabilities+	225.87M	210.93M	517.52M	524.46M	377.44M	244.73M	236.07M	236.88M	696.35M	632.11M
Long-Term Debt	0	54.94M	443.06M	430.44M	279.04M	164.93M	167.88M	169.04M	631.36M	571.71M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	34.84M	46.01M	0	1.91M	2.57M	0	0	0	0	0
Other Non-Current Liabilities	78.3M	75.99M	74.46M	92.11M	95.83M	79.79M	68.18M	67.84M	64.98M	60.4M
Total Liabilities	2.68B	2.54B	737.65M	682.82M	563.12M	427.9M	394.01M	431.67M	1.03B	963.72M
Total Debt+	2.05B	2.03B	448.16M	439M	288.93M	192.73M	167.88M	169.04M	734.44M	637.1M
Net Debt	1.37B	1.33B	16.13M	67.21M	70.64M	42.8M	18.85M	4.84M	460M	312.18M
Debt / Equity	0.89x	1.23x	0.44x	0.38x	0.28x	0.23x	0.24x	0.20x	0.71x	0.57x
Debt / EBITDA	18.14x	-	-	-	-	-	-	1.53x	2.36x	1.36x
Net Debt / EBITDA	12.12x	-	-	-	-	-	-	0.04x	1.48x	0.67x
Interest Coverage	-1.29x	-7.70x	-	-3.53x	-2.98x	-7.73x	-6.10x	1.55x	3.76x	4.27x
Total Equity+	2.31B	1.65B	1.02B	1.14B	1.02B	823.27M	701.77M	865.99M	1.04B	1.11B
Equity Growth %	-0.07%	-0.28%	-0.38%	0.12%	-0.11%	-0.19%	-0.15%	0.23%	0.2%	0.07%
Book Value per Share	124.92	89.46	46.21	43.06	26.60	20.40	17.11	19.62	19.60	20.94
Total Shareholders' Equity	2.3B	1.63B	1.02B	1.14B	1.01B	822.12M	701.3M	865.97M	1.04B	1.11B
Common Stock	4.71M	4.71M	22K	37K	40K	41K	41K	51K	52K	52K
Retained Earnings	2.14B	1.48B	-39.27M	-210.78M	-352.53M	-548.93M	-677.9M	-699.65M	-637.84M	-548.83M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-6.87M	-10.34M	-147K	2.19M	-236K	-804K	2.67M	8.58M	5.27M	6.06M
Minority Interest	6.03M	16.14M	2.21M	1.09M	1.61M	1.16M	466K	22K	-1.54M	-2.93M

Cash Flow

	Mar 2016	Mar 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	253.36M	29.82M	-57.13M	3.94M	-31.42M	3.99M	15.01M	40.23M	104.7M	273.85M
Operating CF Margin %	0.26%	0.05%	-0.17%	0.01%	-0.06%	0.01%	0.04%	0.06%	0.1%	0.2%
Operating CF Growth %	-0.29%	-0.88%	-2.92%	1.07%	-8.97%	1.13%	2.76%	1.68%	1.6%	1.62%
Net Income	-160.38M	-650.01M	-2.25B	-171.77M	-141.22M	-196.7M	-129.66M	-22.19M	95.62M	179.27M
Depreciation & Amortization	182.31M	167.29M	67.78M	51.33M	77.05M	73.03M	73.22M	83.52M	128.78M	156.17M
Stock-Based Compensation	13.22M	3.28M	4.64M	13.41M	19.6M	5.12M	5.64M	7.37M	10.76M	13.68M
Deferred Taxes	-6.8M	-2.2M	-5.54M	572K	672K	1.22M	-1.29M	36K	92K	-2.81M
Other Non-Cash Items	121.58M	457.94M	2.24B	111.99M	56.56M	169.14M	74.54M	50.66M	41.36M	72.58M
Working Capital Changes	103.42M	53.52M	10.09M	-1.59M	-44.08M	-47.83M	-7.44M	-79.17M	-171.9M	-145.05M
Change in Receivables	71.54M	104.83M	7.53M	9.09M	1.09M	-2.61M	26.12M	-4.13M	-109.76M	-55.45M
Change in Inventory	13.67M	2.29M	1.32M	-1.96M	2.42M	2.59M	1.36M	-14.61M	1.98M	-2.91M
Change in Payables	-4.88M	-17.53M	6.9M	-15.17M	-4.44M	-10.52M	3.81M	16.48M	5.99M	26.45M
Cash from Investing+	-135M	14.86M	28.09M	68.53M	10.85M	23.4M	25.06M	-23.81M	-610.27M	-188K
Capital Expenditures	-194.49M	-25.5M	-12.1M	-21.39M	-18M	-14.9M	-8.95M	-16.64M	-31.59M	-27.58M
CapEx % of Revenue	0.2%	0.04%	0.04%	0.05%	0.04%	0.04%	0.02%	0.03%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	59.49M	40.36M	42.65M	89.92M	28.85M	38.3M	34.01M	13.57M	15.51M	27.39M
Cash from Financing+	481.51M	-16.72M	-224.02M	-128.06M	-149.56M	-99.77M	-41.01M	-2.72M	615.56M	-222.59M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-35.39M	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2.6M	-6.65M	-1.2M	-6.4M	-15.87M	-1.69M	-14.47M	-190.55M	89.26M	-28.82M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	58.88M	4.32M	-69.23M	-17.45M	-49.42M	-10.91M	6.05M	23.59M	73.12M	246.27M
FCF Margin %	0.06%	0.01%	-0.21%	-0.04%	-0.1%	-0.03%	0.02%	0.04%	0.07%	0.18%
FCF Growth %	11.74%	-0.93%	-17.02%	0.75%	-1.83%	0.78%	1.55%	2.9%	2.1%	2.37%
FCF per Share	3.19	0.23	-3.13	-0.66	-1.29	-0.27	0.15	0.53	1.38	4.64
FCF Conversion (FCF/Net Income)	-1.58x	-0.05x	0.03x	-0.02x	0.22x	-0.02x	-0.12x	-1.85x	1.08x	1.52x
Interest Paid	50.73M	70.69M	0	32.33M	32.69M	21.23M	13.75M	15.55M	26.64M	66.9M
Taxes Paid	51.59M	26.92M	0	16.83M	14.38M	13.02M	19.01M	22.27M	43.88M	56.91M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-6.69%	-33.37%	-168.22%	-15.83%	-13.12%	-21.33%	-16.91%	-2.77%	10.21%	16.81%
Return on Invested Capital (ROIC)	-1.37%	-13.03%	-	-7.17%	-5.65%	-14.35%	-8.98%	2.52%	11.54%	15.99%
Gross Margin	22.14%	10.38%	-	17.99%	10.82%	2.05%	-2.04%	19.93%	26.61%	30.2%
Net Margin	-16.36%	-109.73%	-681.03%	-42.19%	-29.13%	-49.43%	-34.76%	-3.36%	9.62%	13.42%
Debt / Equity	0.89x	1.23x	0.44x	0.38x	0.28x	0.23x	0.24x	0.20x	0.71x	0.57x
Interest Coverage	-1.29x	-7.70x	-	-3.53x	-2.98x	-7.73x	-6.10x	1.55x	3.76x	4.27x
FCF Conversion	-1.58x	-0.05x	0.03x	-0.02x	0.22x	-0.02x	-0.12x	-1.85x	1.08x	1.52x
Revenue Growth	-34.53%	-38.55%	-45.13%	23.14%	19.69%	-18.4%	-6.55%	74.56%	55.94%	33.25%

Revenue by Segment

	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
Vessel	-	-	-	-	-	386.17M	361.57M	641.4M	998.99M	1.34B
Vessel Growth	-	-	-	-	-	-	-6.37%	77.39%	55.75%	33.90%
Product and Service, Other	-	-	-	-	-	10.86M	9.46M	6.28M	10.99M	8.2M
Product and Service, Other Growth	-	-	-	-	-	-	-12.89%	-33.64%	75.03%	-25.42%
Service	-	-	-	-	477.01M	-	-	-	-	-
Service Growth	-	-	-	-	-	-	-	-	-	-
Product And Service Other	-	-	-	-	9.53M	-	-	-	-	-
Product And Service Other Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet	-	-	-	397.21M	-	-	-	-	-	-
Worldwide Fleet Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet Deepwater Vessels	-	-	-	227.04M	-	-	-	-	-	-
Worldwide Fleet Deepwater Vessels Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet Towing Supply And Supply	-	-	-	145.03M	-	-	-	-	-	-
Worldwide Fleet Towing Supply And Supply Growth	-	-	-	-	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Deepwater	-	-	-	53.13M	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Deepwater Growth	-	-	-	-	-	-	-	-	-	-
Middle East And Asia Pacific Fleet Towing Supply And Supply	-	-	-	44.72M	-	-	-	-	-	-
Middle East And Asia Pacific Fleet Towing Supply And Supply Growth	-	-	-	-	-	-	-	-	-	-
Worldwide Fleet Other	-	-	-	25.13M	-	-	-	-	-	-
Worldwide Fleet Other Growth	-	-	-	-	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Towing Supply And Supply	-	-	-	3.13M	-	-	-	-	-	-
Europe And Mediterranean Sea Fleet Towing Supply And Supply Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
West Africa	-	-	-	-	126.03M	78.76M	75.97M	190.35M	273.96M	380.11M
West Africa Growth	-	-	-	-	-	-37.50%	-3.55%	150.57%	43.93%	38.75%
Europe and Mediterranean	-	-	-	-	123.71M	83.6M	80.91M	129.58M	230.22M	333.08M
Europe and Mediterranean Growth	-	-	-	-	-	-32.42%	-3.22%	60.14%	77.67%	44.68%
Americas	-	-	-	-	136.96M	126.68M	102.15M	146.87M	237.21M	261.93M
Americas Growth	-	-	-	-	-	-7.51%	-19.36%	43.78%	61.51%	10.42%
Asia Pacific	-	-	-	-	-	-	-	64.23M	122.23M	210.33M
Asia Pacific Growth	-	-	-	-	-	-	-	-	90.31%	72.07%
Middle East	-	-	-	-	-	-	-	110.38M	135.38M	152.19M
Middle East Growth	-	-	-	-	-	-	-	-	22.65%	12.42%
Middle East And Asia Pacific	-	-	-	-	90.32M	97.13M	102.54M	-	-	-
Middle East And Asia Pacific Growth	-	-	-	-	-	7.54%	5.56%	-	-	-
ANGOLA	-	351M	213M	59M	-	-	-	-	-	-
ANGOLA Growth	-	-	-39.32%	-72.30%	-	-	-	-	-	-
A O	356.8M	-	-	-	-	-	-	-	-	-
A O Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Tidewater Inc. (TDW) has a price-to-earnings (P/E) ratio of 17.2x. This is roughly in line with market averages.

Growth & Financials

Tidewater Inc. (TDW) reported $1.36B in revenue for fiscal year 2024. This represents a 28% increase from $1.07B in 2011.

Tidewater Inc. (TDW) grew revenue by 33.3% over the past year. This is strong growth.

Yes, Tidewater Inc. (TDW) is profitable, generating $151.7M in net income for fiscal year 2024 (13.4% net margin).

Dividend & Returns

Tidewater Inc. (TDW) has a return on equity (ROE) of 16.8%. This is reasonable for most industries.

Tidewater Inc. (TDW) generated $292.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.