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Tidewater Inc.(TDW)Earnings, Financials & Key Ratios
TDW•NYSE
$77.86
$3.87B mkt cap·11.7× P/E·Price updated May 7, 2026
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+0.5%
- EBITDA$552M+18.2%
- Net Income$335M+85.2%
- EPS (Diluted)6.64+95.3%
- Gross Margin30.78%+1.9%
- EBITDA Margin40.84%+17.6%
- Operating Margin21.45%-7.3%
- Net Margin24.74%+84.3%
- ROE27.07%+61.0%
- ROIC15.21%-4.8%
- Debt/Equity0.48-16.1%
- Interest Coverage4.39+5.9%
TDW Key Insights
Tidewater Inc. (TDW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 26.1% free cash flow margin
- ✓Momentum leader: RS Rating 88 (top 12%)
- ✓Strong 5Y sales CAGR of 27.8%
- ✓Good 3Y average ROE of 18.0%
- ✓Share count reduced 5.7% through buybacks
✗Weaknesses
- ✗Thin 5Y average net margin of 1.9%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TDW Price & Volume
Tidewater Inc. (TDW) stock price & volume — 10-year historical chart
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TDW Growth Metrics
Tidewater Inc. (TDW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years3.29%
5 Years27.78%
3 Years27.83%
TTM-0.92%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM69.13%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM78.85%
Return on Capital
10 Years-1.64%
5 Years7.82%
3 Years15.32%
Last Year15.21%
TDW Recent Earnings
Tidewater Inc. (TDW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 4, 2026EPS
$0.12
Est $0.75
-84.0%
Revenue
$326M
Est $323M
+1.0%
Q2 2026
Mar 2, 2026EPS
$0.33
Est $0.75
-55.8%
Revenue
$337M
Est $331M
+1.7%
Q4 2025
Nov 10, 2025EPS
$0.53
Est $0.46
+15.2%
Revenue
$341M
Est $331M
+3.1%
Q3 2025
Aug 4, 2025EPS
$1.23
Est $0.28
+339.3%
Revenue
$341M
Est $329M
+3.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.12vs $0.75-84.0% | $326Mvs $323M+1.0% |
| Q2 2026 | Mar 2, 2026 | $0.33vs $0.75-55.8% | $337Mvs $331M+1.7% |
| Q4 2025 | Nov 10, 2025 | $0.53vs $0.46+15.2% | $341Mvs $331M+3.1% |
| Q3 2025 | Aug 4, 2025 | $1.23vs $0.28+339.3% | $341Mvs $329M+3.8% |
Based on last 12 quarters of dataView full earnings history →
TDW Peer Comparison
Tidewater Inc. (TDW) competitors in Offshore Services and Contract Drilling — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 OII | 3.65B | 36.58 | 10.48 | 4.62% | 12.12% | 34.32% | 0.45 | |
 SOLV | 12.41B | 71.65 | 8.07 | 0.86% | 17.33% | 30.71% | 1.00 | |
 VTOL | 1.24B | 42.55 | 9.85 | 5.3% | 7.51% | 11.1% | 0.86 | |
 SLB | 79.62B | 53.04 | 22.57 | -1.6% | 9.38% | 13.88% | 0.45 | |
 HAL | 32.68B | 39.13 | 26.09 | -3.31% | 6.95% | 14.59% | 0.77 | |
 BKR | 63B | 63.53 | 24.43 | -0.34% | 11.17% | 16.13% | 0.38 | |
 BOOM | 150.16M | 7.33 | -8.14 | -5.14% | -4.22% | -5.02% | 0.29 | |
 ACDC | 1.19B | 6.58 | -2.86 | -11.37% | -18.89% | -38.16% | 1.30 |
Compare TDW vs Peers
Tidewater Inc. (TDW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TDW Income Statement
Tidewater Inc. (TDW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 330.12M | 406.52M | 486.55M | 397.04M | 371.03M | 647.68M | 1.01B | 1.35B | 1.35B | 1.35B |
| Revenue Growth % | -45.13% | 23.14% | 19.69% | -18.4% | -6.55% | 74.56% | 55.94% | 33.25% | 0.52% | -0.92% |
| Cost of Goods Sold | 0 | 333.4M | 433.93M | 388.89M | 378.59M | 518.59M | 741.19M | 939.43M | 936.44M | 717.5M |
| COGS % of Revenue | - | 82.01% | 89.18% | 97.95% | 102.04% | 80.07% | 73.39% | 69.8% | 69.22% | - |
| Gross Profit | 0▲ 0% | 73.12M▲ 0% | 52.62M▼ 28.0% | 8.14M▼ 84.5% | -7.56M▼ 192.8% | 129.09M▲ 1808.5% | 268.8M▲ 108.2% | 406.4M▲ 51.2% | 416.35M▲ 2.4% | 301.84M▲ 0% |
| Gross Margin % | - | 17.99% | 10.82% | 2.05% | -2.04% | 19.93% | 26.61% | 30.2% | 30.78% | 22.43% |
| Gross Profit Growth % | -100% | - | -28.03% | -84.52% | -192.78% | 1808.48% | 108.22% | 51.19% | 2.45% | - |
| Operating Expenses | 0 | 180.61M | 139.23M | 194.95M | 87.46M | 102.39M | 86.58M | 95.06M | 126.19M | 125.17M |
| OpEx % of Revenue | - | 44.43% | 28.62% | 49.1% | 23.57% | 15.81% | 8.57% | 7.06% | 9.33% | - |
| Selling, General & Admin | 88.45M | 98.88M | 103.72M | 71.94M | 68.17M | 99.9M | 94.19M | 110.1M | 134.53M | 130.65M |
| SG&A % of Revenue | 26.79% | 24.32% | 21.32% | 18.12% | 18.37% | 15.42% | 9.33% | 8.18% | 9.94% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 70.59M | 35.51M | 123.01M | 19.29M | 2.49M | -7.61M | -15.05M | -8.35M | -1000K |
| Operating Income | 0▲ 0% | -107.5M▲ 0% | -86.6M▲ 19.4% | -186.8M▼ 115.7% | -95.02M▲ 49.1% | 26.71M▲ 128.1% | 182.22M▲ 582.2% | 311.35M▲ 70.9% | 290.16M▼ 6.8% | 269.21M▲ 0% |
| Operating Margin % | - | -26.44% | -17.8% | -47.05% | -25.61% | 4.12% | 18.04% | 23.13% | 21.45% | 20.01% |
| Operating Income Growth % | 100% | - | 19.44% | -115.7% | 49.14% | 128.11% | 582.25% | 70.87% | -6.81% | - |
| EBITDA | 0 | -56.16M | -9.56M | -113.77M | -21.79M | 110.23M | 310.99M | 467.51M | 552.5M | 476.98M |
| EBITDA Margin % | - | -13.82% | -1.96% | -28.66% | -5.87% | 17.02% | 30.79% | 34.74% | 40.84% | 35.45% |
| EBITDA Growth % | 100% | - | 82.98% | -1090.21% | 80.84% | 605.8% | 182.13% | 50.33% | 18.18% | 3.5% |
| D&A (Non-Cash Add-back) | 0 | 51.33M | 77.05M | 73.03M | 73.22M | 83.52M | 128.78M | 156.17M | 262.34M | 207.77M |
| EBIT | 0 | -123.08M | -84.43M | -173.5M | -108.2M | 14.88M | 187.4M | 302.45M | 290.16M | 201.56M |
| Net Interest Income | 0 | -19.14M | -22.47M | -22.93M | -13.98M | -11.79M | -41.95M | -66.58M | -57.92M | -43.73M |
| Interest Income | 0 | 11.29M | 6.6M | 1.23M | 1.6M | 5.4M | 6.52M | 6.38M | 8.17M | 6.01M |
| Interest Expense | 0 | 30.44M | 29.07M | 24.16M | 15.58M | 17.19M | 48.47M | 72.97M | 66.09M | 49.75M |
| Other Income/Expense | 0 | -46.02M | -26.89M | -10.86M | -28.77M | -29.02M | -43.29M | -81.86M | -69.91M | -76.52M |
| Pretax Income | -1.68B▲ 0% | -153.52M▲ 90.9% | -113.5M▲ 26.1% | -197.66M▼ 74.2% | -123.78M▲ 37.4% | -2.31M▲ 98.1% | 138.93M▲ 6122.1% | 229.49M▲ 65.2% | 220.25M▼ 4.0% | 192.69M▲ 0% |
| Pretax Margin % | -510.37% | -37.76% | -23.33% | -49.78% | -33.36% | -0.36% | 13.76% | 17.05% | 16.28% | 14.32% |
| Income Tax | 805K | 18.25M | 27.72M | -965K | 5.88M | 19.89M | 43.31M | 50.22M | -113.21M | -104.41M |
| Effective Tax Rate % | -0.05% | -11.89% | -24.43% | 0.49% | -4.75% | -861.99% | 31.17% | 21.88% | -51.4% | -54.19% |
| Net Income | -2.25B▲ 0% | -171.52M▲ 92.4% | -141.74M▲ 17.4% | -196.24M▼ 38.4% | -128.97M▲ 34.3% | -21.75M▲ 83.1% | 97.19M▲ 546.8% | 180.66M▲ 85.9% | 334.66M▲ 85.2% | 298.15M▲ 0% |
| Net Margin % | -681.03% | -42.19% | -29.13% | -49.43% | -34.76% | -3.36% | 9.62% | 13.42% | 24.74% | 22.16% |
| Net Income Growth % | -240.58% | 92.37% | 17.36% | -38.45% | 34.28% | 83.14% | 546.85% | 85.89% | 85.25% | 69.13% |
| Net Income (Continuing) | -1.69B | -171.77M | -141.22M | -196.7M | -129.66M | -22.19M | 95.62M | 179.27M | 333.45M | 297.27M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.21M | 1.09M | 1.61M | 1.16M | 466K | 22K | -1.54M | -2.93M | -4.13M | -4.3M |
| EPS (Diluted) | -101.66▲ 0% | -6.45▲ 93.7% | -3.71▲ 42.5% | -4.86▼ 31.0% | -3.14▲ 35.4% | -0.49▲ 84.4% | 1.84▲ 475.5% | 3.40▲ 84.8% | 6.64▲ 95.3% | 6.01▲ 0% |
| EPS Growth % | -184.2% | 93.66% | 42.48% | -31% | 35.39% | 84.39% | 475.51% | 84.78% | 95.29% | 78.85% |
| EPS (Basic) | -101.66 | -6.45 | -3.71 | -4.86 | -3.14 | -0.49 | 1.88 | 3.44 | 6.69 | - |
| Diluted Shares Outstanding | 22.12M | 26.59M | 38.2M | 40.35M | 41.01M | 44.13M | 52.94M | 53.07M | 50.05M | 49.59M |
| Basic Shares Outstanding | 22.12M | 26.59M | 38.2M | 40.35M | 41.01M | 44.13M | 51.59M | 52.45M | 50.05M | 49.59M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
TDW Balance Sheet
Tidewater Inc. (TDW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 845.18M | 683.3M | 537.3M | 388.65M | 342.67M | 377.91M | 591.13M | 698.66M | 914.13M | 899.61M |
| Cash & Short-Term Investments | 440.94M | 371.79M | 218.29M | 149.93M | 149.04M | 164.19M | 274.44M | 324.92M | 578.76M | 552.28M |
| Cash Only | 432.04M | 371.79M | 218.29M | 149.93M | 149.04M | 164.19M | 274.44M | 324.92M | 578.76M | 552.28M |
| Short-Term Investments | 8.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 344.5M | 244.22M | 236.15M | 174.67M | 156.64M | 156.47M | 268.35M | 323.81M | 285.37M | 299.74M |
| Days Sales Outstanding | 380.9 | 219.27 | 177.16 | 160.58 | 154.09 | 88.18 | 96.98 | 87.82 | 77 | 83.7 |
| Inventory | 28.22M | 29.5M | 21.86M | 15.88M | 12.61M | 30.83M | 31.93M | 34.32M | 0 | 0 |
| Days Inventory Outstanding | - | 32.3 | 18.38 | 14.9 | 12.15 | 21.7 | 15.73 | 13.33 | - | 6.65 |
| Other Current Assets | 21.3M | 25.95M | 45.04M | 36.48M | 15.66M | 26.42M | 16.41M | 15.62M | 50M | 47.6M |
| Total Non-Current Assets | 914.41M | 1.14B | 1.04B | 862.53M | 753.11M | 919.75M | 1.47B | 1.38B | 1.47B | 1.44B |
| Property, Plant & Equipment | 850.93M | 1.09B | 938.96M | 780.32M | 688.04M | 796.65M | 1.32B | 1.18B | 1.07B | 1.07B |
| Fixed Asset Turnover | 0.39x | 0.37x | 0.52x | 0.51x | 0.54x | 0.81x | 0.76x | 1.14x | 1.26x | 1.23x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 244.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 29.22M | 1.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 34.26M | 53.15M | 103.27M | 82.21M | 65.07M | 123.09M | 156.52M | 191.96M | 199.82M | 822.98M |
| Total Assets | 1.76B▲ 0% | 1.83B▲ 3.9% | 1.58B▼ 13.6% | 1.25B▼ 20.8% | 1.1B▼ 12.4% | 1.3B▲ 18.4% | 2.06B▲ 59.0% | 2.07B▲ 0.6% | 2.39B▲ 15.0% | 2.34B▲ 0% |
| Asset Turnover | 0.19x | 0.22x | 0.31x | 0.32x | 0.34x | 0.50x | 0.49x | 0.65x | 0.57x | 0.60x |
| Asset Growth % | -58.01% | 3.87% | -13.58% | -20.79% | -12.42% | 18.42% | 58.96% | 0.59% | 15.04% | 31.58% |
| Total Current Liabilities | 220.13M | 158.35M | 185.68M | 183.18M | 157.94M | 194.79M | 328.73M | 331.61M | 315.24M | 269.93M |
| Accounts Payable | 38.5M | 31.94M | 27.5M | 16.98M | 20.79M | 38.95M | 44.93M | 71.39M | 66.35M | 58.24M |
| Days Payables Outstanding | - | 34.97 | 23.13 | 15.94 | 20.04 | 27.41 | 22.13 | 27.74 | 25.86 | 27.45 |
| Short-Term Debt | 5.1M | 8.57M | 9.89M | 27.8M | 0 | 0 | 103.08M | 65.39M | 5.84M | 5.76M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 893K | 7.92M | 5.44M | 8.9M | 4.89M | 10.97M | 10.67M | 16.83M | 243.04M | 205.93M |
| Current Ratio | 3.84x | 4.32x | 2.89x | 2.12x | 2.17x | 1.94x | 1.80x | 2.11x | 2.90x | 2.90x |
| Quick Ratio | 3.71x | 4.13x | 2.78x | 2.04x | 2.09x | 1.78x | 1.70x | 2.00x | 2.90x | 2.90x |
| Cash Conversion Cycle | - | 216.61 | 172.41 | 159.54 | 146.2 | 82.46 | 90.58 | 73.42 | - | 62.9 |
| Total Non-Current Liabilities | 517.52M | 524.46M | 377.44M | 244.73M | 236.07M | 236.88M | 696.35M | 632.11M | 710.42M | 706.76M |
| Long-Term Debt | 443.06M | 430.44M | 279.04M | 164.93M | 167.88M | 169.04M | 631.36M | 571.71M | 649.05M | 648.62M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 1.91M | 2.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 74.46M | 92.11M | 95.83M | 79.79M | 68.18M | 67.84M | 64.98M | 60.4M | 61.37M | 246.3M |
| Total Liabilities | 737.65M | 682.82M | 563.12M | 427.9M | 394.01M | 431.67M | 1.03B | 963.72M | 1.03B | 976.68M |
| Total Debt | 448.16M | 439M | 288.93M | 192.73M | 167.88M | 169.04M | 734.44M | 637.1M | 654.89M | 654.38M |
| Net Debt | 16.13M | 67.21M | 70.64M | 42.8M | 18.85M | 4.84M | 460M | 312.18M | 76.13M | 102.1M |
| Debt / Equity | 0.44x | 0.38x | 0.28x | 0.23x | 0.24x | 0.20x | 0.71x | 0.57x | 0.48x | 0.48x |
| Debt / EBITDA | - | - | - | - | - | 1.53x | 2.36x | 1.36x | 1.19x | 1.37x |
| Net Debt / EBITDA | - | - | - | - | - | 0.04x | 1.48x | 0.67x | 0.14x | 0.14x |
| Interest Coverage | - | -4.04x | -2.90x | -7.18x | -6.94x | 0.87x | 3.87x | 4.15x | 4.39x | 4.05x |
| Total Equity | 1.02B▲ 0% | 1.14B▲ 12.0% | 1.02B▼ 11.2% | 823.27M▼ 19.0% | 701.77M▼ 14.8% | 865.99M▲ 23.4% | 1.04B▲ 19.8% | 1.11B▲ 7.1% | 1.36B▲ 22.5% | 1.36B▲ 0% |
| Equity Growth % | -38.1% | 12.03% | -11.22% | -19% | -14.76% | 23.4% | 19.83% | 7.08% | 22.5% | 52.91% |
| Book Value per Share | 46.21 | 43.06 | 26.60 | 20.40 | 17.11 | 19.62 | 19.60 | 20.94 | 27.20 | 27.51 |
| Total Shareholders' Equity | 1.02B | 1.14B | 1.01B | 822.12M | 701.3M | 865.97M | 1.04B | 1.11B | 1.37B | 1.37B |
| Common Stock | 22K | 37K | 40K | 41K | 41K | 51K | 52K | 52K | 50K | 50K |
| Retained Earnings | -39.27M | -210.78M | -352.53M | -548.93M | -677.9M | -699.65M | -637.84M | -548.83M | -305.16M | -299.02M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -147K | 2.19M | -236K | -804K | 2.67M | 8.58M | 5.27M | 6.06M | 7.25M | 7.13M |
| Minority Interest | 2.21M | 1.09M | 1.61M | 1.16M | 466K | 22K | -1.54M | -2.93M | -4.13M | -4.3M |
TDW Cash Flow Statement
Tidewater Inc. (TDW) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -57.13M | 3.94M | -31.42M | 3.99M | 15.01M | 40.23M | 104.7M | 273.85M | 379.11M | 379.11M |
| Operating CF Margin % | -17.31% | 0.97% | -6.46% | 1% | 4.04% | 6.21% | 10.37% | 20.35% | 28.02% | - |
| Operating CF Growth % | -291.59% | 106.9% | -897.34% | 112.68% | 276.47% | 168.07% | 160.29% | 161.54% | 38.44% | 9.76% |
| Net Income | -2.25B | -171.77M | -141.22M | -196.7M | -129.66M | -22.19M | 95.62M | 179.27M | 333.45M | 298.15M |
| Depreciation & Amortization | 67.78M | 51.33M | 77.05M | 73.03M | 73.22M | 83.52M | 128.78M | 156.17M | 151.09M | 178.7M |
| Stock-Based Compensation | 4.64M | 13.41M | 19.6M | 5.12M | 5.64M | 7.37M | 10.76M | 13.68M | 14.48M | 10.99M |
| Deferred Taxes | -5.54M | 572K | 672K | 1.22M | -1.29M | 36K | 92K | -2.81M | -195.82M | -187.77M |
| Other Non-Cash Items | 2.24B | 111.99M | 56.56M | 169.14M | 74.54M | 50.66M | 41.36M | 72.58M | 105.46M | -27.26M |
| Working Capital Changes | 10.09M | -1.59M | -44.08M | -47.83M | -7.44M | -79.17M | -171.9M | -145.05M | -29.56M | -73.72M |
| Change in Receivables | 7.53M | 9.09M | 1.09M | -2.61M | 26.12M | -4.13M | -109.76M | -55.45M | 38.43M | 13.17M |
| Change in Inventory | 1.32M | -1.96M | 2.42M | 2.59M | 1.36M | -14.61M | 1.98M | -2.91M | -4.62M | 0 |
| Change in Payables | 6.9M | -15.17M | -4.44M | -10.52M | 3.81M | 16.48M | 5.99M | 26.45M | -5.04M | 8.04M |
| Cash from Investing | 28.09M | 68.53M | 10.85M | 23.4M | 25.06M | -23.81M | -610.27M | -188K | -7.48M | -13.19M |
| Capital Expenditures | -12.1M | -21.39M | -18M | -14.9M | -8.95M | -16.64M | -31.59M | -27.58M | -25.76M | -30.38M |
| CapEx % of Revenue | 3.67% | 5.26% | 3.7% | 3.75% | 2.41% | 2.57% | 3.13% | 2.05% | 1.9% | - |
| Acquisitions | 40.19M | 0 | 0 | 0 | 0 | -20.74M | -594.19M | 0 | 0 | 3.33M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 42.65M | 89.92M | 28.85M | 38.3M | 34.01M | 13.57M | 15.51M | 27.39M | 18.28M | 13.86M |
| Cash from Financing | -224.02M | -128.06M | -149.56M | -99.77M | -41.01M | -2.72M | 615.56M | -222.59M | -135.96M | -108.91M |
| Debt Issued (Net) | -222.82M | -121.67M | -133.69M | -98.08M | -26.54M | 0 | 561.32M | -103.03M | -18.2M | 6.87M |
| Equity Issued (Net) | 2K | 3K | 0 | 0 | 0 | 187.83M | -35.02M | -90.74M | -90.09M | -50.81M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -35.02M | -90.74M | -90.09M | -50.81M |
| Other Financing | -1.2M | -6.4M | -15.87M | -1.69M | -14.47M | -190.55M | 89.26M | -28.82M | -27.67M | -64.97M |
| Net Change in Cash | -225.1M▲ 0% | -55.59M▲ 75.3% | -170.14M▼ 206.0% | -72.38M▲ 57.5% | -949K▲ 98.7% | 13.7M▲ 1543.7% | 109.99M▲ 702.8% | 51.07M▼ 53.6% | 252.54M▲ 394.5% | 205.17M▲ 0% |
| Free Cash Flow | -69.23M▲ 0% | -17.45M▲ 74.8% | -49.42M▼ 183.2% | -10.91M▲ 77.9% | 6.05M▲ 155.5% | 23.59M▲ 289.6% | 73.12M▲ 210.0% | 246.27M▲ 236.8% | 353.35M▲ 43.5% | 281.83M▲ 0% |
| FCF Margin % | -20.97% | -4.29% | -10.16% | -2.75% | 1.63% | 3.64% | 7.24% | 18.3% | 26.12% | 20.95% |
| FCF Growth % | -1701.85% | 74.79% | -183.21% | 77.92% | 155.48% | 289.58% | 209.96% | 236.81% | 43.48% | 1.32% |
| FCF per Share | -3.13 | -0.66 | -1.29 | -0.27 | 0.15 | 0.53 | 1.38 | 4.64 | 7.06 | 7.06 |
| FCF Conversion (FCF/Net Income) | 0.03x | -0.02x | 0.22x | -0.02x | -0.12x | -1.85x | 1.08x | 1.52x | 1.13x | 0.95x |
| Interest Paid | 0 | 32.33M | 32.69M | 21.23M | 13.75M | 15.55M | 26.64M | 66.9M | 0 | 29.73M |
| Taxes Paid | 0 | 16.83M | 14.38M | 13.02M | 19.01M | 22.27M | 43.88M | 56.91M | 0 | 26.8M |
TDW Key Ratios
Tidewater Inc. (TDW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -168.22% | -15.83% | -13.12% | -21.33% | -16.91% | -2.77% | 10.21% | 16.81% | 27.07% | 23.85% |
| Return on Invested Capital (ROIC) | - | -7.17% | -5.65% | -14.35% | -8.98% | 2.52% | 11.54% | 15.99% | 15.21% | 15.21% |
| Gross Margin | - | 17.99% | 10.82% | 2.05% | -2.04% | 19.93% | 26.61% | 30.2% | 30.78% | 22.43% |
| Net Margin | -681.03% | -42.19% | -29.13% | -49.43% | -34.76% | -3.36% | 9.62% | 13.42% | 24.74% | 22.16% |
| Debt / Equity | 0.44x | 0.38x | 0.28x | 0.23x | 0.24x | 0.20x | 0.71x | 0.57x | 0.48x | 0.48x |
| Interest Coverage | - | -4.04x | -2.90x | -7.18x | -6.94x | 0.87x | 3.87x | 4.15x | 4.39x | 4.05x |
| FCF Conversion | 0.03x | -0.02x | 0.22x | -0.02x | -0.12x | -1.85x | 1.08x | 1.52x | 1.13x | 0.95x |
| Revenue Growth | -45.13% | 23.14% | 19.69% | -18.4% | -6.55% | 74.56% | 55.94% | 33.25% | 0.52% | -0.92% |
TDW SEC Filings & Documents
Tidewater Inc. (TDW) SEC filings — annual & quarterly reports (10-K, 10-Q)
TDW Frequently Asked Questions
Tidewater Inc. (TDW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Tidewater Inc. (TDW) reported $1.35B in revenue for fiscal year 2025. This represents a 26% increase from $1.07B in 2011.
Tidewater Inc. (TDW) grew revenue by 0.5% over the past year. Growth has been modest.
Yes, Tidewater Inc. (TDW) is profitable, generating $298.1M in net income for fiscal year 2025 (24.7% net margin).
Dividend & Returns
Tidewater Inc. (TDW) has a return on equity (ROE) of 27.1%. This is excellent, indicating efficient use of shareholder capital.
Tidewater Inc. (TDW) generated $281.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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