TDW

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Tidewater Inc.

Cyclical demand Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $82.18
52-Week Range: $46.65 – $101.58
Market Cap: $4.10B
P/E (TTM): 16.79
EPS (TTM): 4.91
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 2.94
PEG Ratio: —
Return on Equity: 19.45%
Return on Assets: 6.96%
Gross Margin: 48.09%
Operating Margin: 17.27%
Profit Margin: 18.34%
Current Ratio: 3.58
Debt/Equity: 0.47
Total Debt: $653.20M
Free Cash Flow: $367.62M
Revenue Growth: 0.30%
Earnings Growth: -70.50%
Enterprise Value: $4.14B

TDW Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$647.68M	$1.01B	$1.35B	$1.35B
Cost of Revenue	$518.59M	$741.19M	$939.43M	$949.34M
Gross Profit	$129.09M	$268.80M	$406.40M	$403.44M
Selling, General & Admin	$99.90M	$94.19M	$110.10M	$126.19M
Operating Expenses	$99.90M	$94.19M	$110.10M	$126.19M
Operating Income	$29.20M	$174.60M	$296.30M	$277.26M
EBITDA	$98.40M	$316.18M	$458.62M	$437.43M
Pretax Income	-$2.31M	$138.93M	$229.49M	$220.25M
Income Tax	$19.89M	$43.31M	$50.22M	-$113.21M
Net Income	-$21.75M	$97.19M	$180.66M	$334.66M
Diluted EPS	-0.49	1.84	3.40	6.64
Diluted Shares	44.13M	52.94M	53.07M	50.43M

TDW Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$164.19M	$274.44M	$324.92M	$578.76M
Receivables	$156.47M	$268.35M	$323.81M	$285.37M
Inventory	$30.83M	$31.93M	$34.32M	$38.48M
Current Assets	$377.91M	$591.13M	$698.66M	$914.13M
Total Assets	$1.30B	$2.06B	$2.07B	$2.39B
Current Liabilities	$194.79M	$328.73M	$331.61M	$315.24M
Long-Term Debt	$169.04M	$631.36M	$571.71M	$649.05M
Total Debt	$169.04M	$734.44M	$637.10M	$679.26M
Total Liabilities	$431.67M	$1.03B	$963.72M	$1.03B
Retained Earnings	-$699.65M	-$637.84M	-$548.83M	-$305.16M
Shareholders' Equity	$865.97M	$1.04B	$1.11B	$1.37B
Working Capital	$183.12M	$262.40M	$367.05M	$598.90M
Net Debt	$4.84M	$460.00M	$312.18M	$76.13M

TDW Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$40.23M	$104.19M	$282.47M	$379.11M
Capital Expenditure	-$16.64M	-$31.59M	-$27.58M	-$25.76M
Free Cash Flow	$23.59M	$72.61M	$254.89M	$353.35M
Depreciation & Amortisation	$83.52M	$128.78M	$156.17M	$151.09M
Stock-Based Compensation	$7.37M	$10.76M	$13.68M	$14.48M
Investing Cash Flow	-$23.81M	-$610.27M	-$188.00K	-$7.48M
Financing Cash Flow	-$2.72M	$615.56M	-$222.59M	-$135.96M
Share Repurchases	$0.00	-$35.02M	-$90.74M	-$90.09M
Net Change in Cash	$13.70M	$109.48M	$59.69M	$235.67M

TDW Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$333.44M	$341.43M	$341.11M	$336.80M	$326.22M	$342.29M
Cost of Revenue	$231.84M	$234.78M	$243.79M	$238.94M	$233.57M	$248.23M
Gross Profit	$101.60M	$106.66M	$97.33M	$97.86M	$92.66M	$94.06M
Selling, General & Admin	$29.09M	$31.21M	$35.26M	$30.62M	$33.56M	$34.84M
Operating Expenses	$29.09M	$31.21M	$35.26M	$30.62M	$33.56M	$34.84M
Operating Income	$72.51M	$75.44M	$62.07M	$67.24M	$59.10M	$59.21M
EBITDA	$123.79M	$131.64M	$74.62M	$107.39M	$96.27M	$100.67M
Pretax Income	$68.43M	$78.29M	$20.69M	$52.84M	$40.88M	$46.14M
Income Tax	$26.11M	$5.58M	$21.71M	-$166.61M	$34.90M	$25.06M
Net Income	$42.65M	$72.93M	-$806.00K	$219.88M	$6.14M	$21.66M
Diluted EPS	0.83	1.46	-0.02	4.41	0.12	0.43
Diluted Shares	51.68M	50.01M	49.50M	49.90M	49.84M	50.01M

TDW Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$341.80M	$369.40M	$428.23M	$578.76M	$552.28M	$613.54M
Receivables	$312.90M	$316.49M	$332.60M	$285.37M	$299.74M	$306.57M
Inventory	$23.10M	$24.47M	$27.86M	$38.48M	$29.40M	$29.50M
Current Assets	$698.20M	$724.51M	$800.33M	$914.13M	$899.61M	$967.38M
Total Assets	$2.07B	$2.07B	$2.13B	$2.39B	$2.34B	$2.37B
Current Liabilities	$337.54M	$343.07M	$276.46M	$315.24M	$269.93M	$270.07M
Long-Term Debt	$555.99M	$531.87M	$649.80M	$649.05M	$648.62M	$647.52M
Total Debt	$636.04M	$625.24M	$675.52M	$679.26M	$654.38M	$653.20M
Total Liabilities	$955.80M	$938.14M	$989.86M	$1.03B	$976.68M	$977.97M
Retained Earnings	-$545.89M	-$524.24M	-$525.04M	-$305.16M	-$299.02M	-$277.36M
Shareholders' Equity	$1.11B	$1.14B	$1.14B	$1.37B	$1.37B	$1.39B
Working Capital	$360.65M	$381.43M	$523.87M	$598.90M	$629.69M	$697.31M
Net Debt	$294.24M	$255.84M	$227.42M	$76.13M	$102.10M	$39.66M

TDW Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$80.41M	$73.66M	$72.08M	$152.96M	$19.18M	$67.04M
Capital Expenditure	-$10.27M	-$5.23M	-$5.12M	-$5.15M	-$14.88M	-$14.92M
Free Cash Flow	$70.14M	$68.43M	$66.96M	$147.81M	$4.29M	$52.12M
Depreciation & Amortisation	$39.01M	$36.91M	$37.33M	$37.84M	$38.50M	$38.10M
Stock-Based Compensation	$3.49M	$4.06M	$3.48M	$3.45M	$3.06M	$3.75M
Investing Cash Flow	-$5.85M	$2.10M	-$3.92M	$184.00K	-$11.56M	-$3.40M
Financing Cash Flow	-$59.24M	-$65.14M	-$7.99M	-$3.59M	-$32.29M	-$2.16M
Share Repurchases	-$39.27M	-$50.81M	$0.00	$0.00	$0.00	$0.00
Net Change in Cash	$15.32M	$10.62M	$60.18M	$149.55M	-$24.67M	$61.48M

Market Snapshot

About

Tidewater Inc. is a leading provider of offshore marine support and transportation services to the global offshore energy industry. The company operates one of the largest fleets of offshore support vessels, providing services including towing, anchor handling, and supply vessel operations to oil and gas exploration and production companies. Tidewater serves customers in key offshore markets worldwide.