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TDWTidewater Inc.
$86.82$4.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TDW logo

Tidewater Inc.

TDW
NYSE · Oilfield Services
$86.82
At close - Sep 24, 4:00 PM EDT - USD
Market Cap$4.32B
P/E13.1x
52W High$101.58
Volume444.77K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Deleveraging Balance Sheet Masks Earnings Volatility Risk

Tidewater's fundamental outlook is anchored in a strengthening balance sheet, with debt-to-equity down to 0.47 and cash reserves up to $613.5M, providing a robust liquidity buffer. However, the company faces near-term margin compression, as gross margin slippe...

GrowthStable
ProfitabilityModerate
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

TDW price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-40% Peers

P/E is 40% below peer median

03

Market leadership

RS 81 · Leader

High momentum (Outperforming 81% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 9

Market performance

Price History →

Trailing total returns as of 9/25/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TDW+66.23%
S&P 500 (^GSPC)+12.30%
1-Year Return
TDW+54.10%
S&P 500 (^GSPC)+16.05%
3-Year Return
TDW+30.95%
S&P 500 (^GSPC)+79.19%
5-Year Return
TDW+660.91%
S&P 500 (^GSPC)+77.13%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
13.1x
Forward P/E
30.2x
EV/EBITDA50th %ile
8.0x
FCF YieldCash Flow
8.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
13.1x
16.1x
33rd· Fair
EV/EBITDA
8.0x
13.8x
50th· Fair
Price/FCF
12.2x
52.2x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$94.18+8.5%
Base (Fair)$140.55+62.1%
Bull$215.34+148.0%
$94.18 Bear$140.55 Base$215.34 Bull
Current Market Price: $86.82
Trades at a 38.2% discount to Base DCF ($140.55)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.35B+0.5% YoY
Net income
$335M+85.2% YoY
Free cash flow
$353M+43.5% YoY
Operating margin
21.4%-1.7 pts YoY
ROIC (TTM)15.1%
Avg ROIC 5Y-
ROE (TTM)27.1%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 3, 2026
$0.43-5.7%
vs $0.46
$342M+3.7%
vs $330M
Q2 2026
May 4, 2026
$0.12-84.0%
vs $0.75
$326M+1.0%
vs $323M
Q2 2026
Mar 2, 2026
$4.41+472.0%
vs $0.77
$337M+1.7%
vs $331M
Q4 2025
Nov 10, 2025
$0.53+15.2%
vs $0.46
$341M+3.1%
vs $331M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·Sep 4, 2026
Tidewater (NYSE:TDW) and Pioneer Energy Services (OTCMKTS:PESXQ) Head-To-Head Comparison

Pioneer Energy Services (OTCMKTS:PESXQ - Get Free Report) and Tidewater (NYSE: TDW - Get Free Report) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, analyst recommendations, profitability, dividends, institutional ownership and risk. Earnings and Valuation This table compares Pioneer Energy

Business Wire·Aug 31, 2026
Tidewater Announces Completion of Wilson Sons Ultratug Acquisition

HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (the “Company”) today announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, “WSUT”), effective August 31, 2026. Quintin Kneen, Tidewater's President and Chief Executive Officer, commented, “We are pleased to announce the closing of the WSUT acquisition, and we are excited to welcome our new employees to Tidewater. The WSUT fleet of 22 PSVs is an.

GlobeNewsWire·Aug 31, 2026
Tidewater Utilities Announces Second Customer Bill Credit Using PFAS Litigation Proceeds

DOVER, Del., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Tidewater Utilities, Inc. (Tidewater), a water service provider and wholly owned subsidiary of Middlesex Water Company, today announced that it will refund approximately $0.5 million to customers through a bill credit.

Defense World·Aug 25, 2026
BlackRock Inc. Makes New $503.20 Million Investment in Tidewater Inc. $TDW

BlackRock Inc. bought a new position in Tidewater Inc. (NYSE: TDW) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,552,159 shares of the oil and gas company's stock, valued at approximately $503,200,000. BlackRock Inc. owned approximately 15.18% of Tidewater at

Filtered for Tidewater Inc.More Headlines
04

Compare before deciding

Benchmark TDW against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Tidewater Inc. (TDW)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TDW logoTDWTidewater Inc.Current
$86.82$4.32B13.080.52%24.74%27.07%—
OII logoOIIOceaneering International, Inc.
$46.67$4.65B13.374.62%12.19%32.74%—
SOLV logoSOLVSolventum Corporation
$88.59$15.34B9.980.86%17.26%28.96%—
VTOL logoVTOLBristow Group Inc.
$42.30$1.25B9.795.3%6.66%9.82%—
SLB logoSLBSlb N.V.
$51.43$76.89B21.89-1.6%8.46%11.31%—
HAL logoHALHalliburton Company
$32.76$27.37B21.84-3.31%7.16%15%—

Compare TDW vs Peers

Tidewater Inc. (TDW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs OII

Most directly comparable listed peer for TDW.

Scale Benchmark

vs XOM

Larger-name benchmark to compare TDW against a more recognizable public peer.

Peer Set

Compare Top 5

vs OII, SOLV, VTOL, SLB

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TDW SEC Filings & Documents

Tidewater Inc. (TDW) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 3, 2026·SEC

Material company update

Jul 6, 2026·SEC

Material company update

Jun 18, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 2, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 3, 2026·SEC

FY 2026

May 4, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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TDW Frequently Asked Questions

Tidewater Inc. (TDW) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Tidewater Inc.'s revenue?

Tidewater Inc. (TDW) reported $1.35B in revenue for fiscal year 2025. This represents a 26% increase from $1.07B in 2011.

How fast is Tidewater Inc. growing?

Tidewater Inc. (TDW) grew revenue by 0.5% over the past year. Growth has been modest.

Is TDW profitable?

Yes, Tidewater Inc. (TDW) is profitable, generating $246.9M in net income for fiscal year 2025 (24.7% net margin).

Dividend & Returns
What is TDW's return on equity?

Tidewater Inc. (TDW) has a return on equity (ROE) of 27.1%. This is excellent, indicating efficient use of shareholder capital.

What is Tidewater Inc.'s free cash flow?

Tidewater Inc. (TDW) generated $258.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TDW back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →