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TDW logoTidewater Inc. (TDW) Earnings History

Annual and quarterly earnings data from 2011 to 2025

TTM Net Income
$298M
Profitable
TTM EPS
$6.01
Diluted
YoY EPS Growth
+95.3%
Excellent
Net Margin
24.7%
Profitability
Operating Margin21.4%
Gross Margin30.8%
ROE27.1%
ROA15.0%
Highest Annual Net Income$335M (2025)
Highest Quarterly EPS$4.41 (Q4 2025)
Consecutive Profitable Years3 years
Q1 2026
Net Income$6M
EPS$0.12
QoQ Growth-97.2%Declining

Loading earnings history...

TDW EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+95.3%
Excellent
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

TDW Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202530.8%21.4%24.7%
202430.2%23.1%13.4%
202326.6%18.0%9.6%
202219.9%4.1%-3.4%
2021-2.0%-25.6%-34.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Tidewater Inc. (TDW) Earnings Overview

As of May 8, 2026, Tidewater Inc. (TDW) reported trailing twelve-month net income of $298M, reflecting +95.3% year-over-year growth. The company earned $6.01 per diluted share over the past four quarters, with a net profit margin of 24.7%.

Looking at the long-term picture, TDW's historical earnings data spans multiple years. The company achieved its highest annual net income of $335M in fiscal 2025, representing a new all-time high.

Tidewater Inc. maintains industry-leading profitability with a gross margin of 30.8%, operating margin of 21.4%, and net margin of 24.7%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including OII ($339M net income, 12.7% margin), SOLV ($1.43B net income, 18.7% margin), VTOL ($115M net income, 8.7% margin), TDW has outperformed on profitability metrics. Compare TDW vs OII →

TDW Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
TDW logoTDWCurrent
$298M$6.0124.7%27.1%+95.3%—
OII logoOII
$339M$3.3712.7%39.4%+142.4%
SOLV logoSOLV
$1.4B$8.1618.7%38.9%+221.7%
VTOL logoVTOL
$115M$3.828.7%13.2%+34.6%
SLB logoSLB
$3.4B$2.259.4%13.5%-24.4%
HAL logoHAL
$1.5B$1.845.8%12.2%-47.0%
Best in group
Lowest in group

TDW Historical Earnings Data (2011–2025)

15 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$335M+85.2%$290M$6.6424.7%21.4%
2024$181M+85.9%$311M$3.4013.4%23.1%
2023$97M+546.8%$182M$1.849.6%18.0%
2022-$22M+83.1%$27M$-0.49-3.4%4.1%
2021-$129M+34.3%-$95M$-3.14-34.8%-25.6%
2020-$196M-38.4%-$187M$-4.86-49.4%-47.0%
2019-$142M+17.4%-$87M$-3.71-29.1%-17.8%
2018-$172M+92.4%-$107M$-6.45-42.2%-26.4%
2017-$2.25B-240.6%$0$-101.66-681.0%0.0%
2016-$660M-312.1%-$578M$-35.77-109.7%-96.1%

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Is TDW Undervalued?

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Compare TDW vs SOC

Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..

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TDW — Frequently Asked Questions

Quick answers to the most common questions about buying TDW stock.

Is TDW growing earnings?

TDW EPS is $6.01, with earnings growth accelerating to +95.3%. This exceeds the 5-year CAGR of N/A. TTM net income reached $298M.

What are TDW's profit margins?

Tidewater Inc. net margin is +24.7%, with operating margin at +21.4%. Above-average margins indicate pricing power.

How consistent are TDW's earnings?

TDW earnings data spans 2011-2025. The accelerating earnings trend is +95.3% YoY. Historical data enables comparison across business cycles.

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TDW Earnings Over Time (2014–2025)

Net income and EPS trends