TDW · Tidewater Inc · Financials
$87.33
+2.05 (+2.40%)
At close · Oct 30
Return incl. dividend (before tax)
Q2 2026 earnings call transcript
Market Cap
$4.27B
Shares
49.76M
Volume · Oct 30
382.29K
Avg daily vol (3M)
599.11K
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$1.35B
+0.5%
FY2025
Net Income
$334.66M
+85.2%
FY2025
Gross Margin
-7.47%
-8.9pp
FY2020
Operating Margin
20.89%
-2.2pp
FY2025
Diluted EPS
$6.64
+95.3%
FY2025
Operating Cash Flow
$379.11M
+34.2%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.42B – $1.47B | $1.35B | $1.35BG | $1.35BG | $1.01BG | $647.68M | $371.03M | $397.04MG | $486.55M | $406.52M | $601.61M | $979.06M | $1.5B | $1.44B | $1.24B | $1.07B | $1.06B | |
| — | — | — | — | — | — | — | -$29.67M | $6.89M | $6.07M | -$59.38M | $69.57M | $285.93M | $296.88M | — | — | — | |
| — | — | — | — | — | — | — | -7.47% | 1.42% | 1.49% | -9.87% | 7.11% | 19.12% | 20.69% | — | — | — | |
| — | $142.63M | $134.53M | $110.82M | $95.28M | $101.92M | $68.52M | $73.45M | $103.72M | $110.02M | $145.88M | $153.81M | $189.82M | $187.98M | $175.61M | $156.57M | $145.45M | |
| — | $152.68M | $151.1M | $156.17M | $128.78M | $83.52M | $73.22M | $73.03M | $77.05M | $51.33M | $167.29M | $182.31M | $175.2M | $167.48M | $147.3M | $138.36M | $140.58M | |
| — | — | — | — | $27K | $5.68M | $174K | $1.5M | $6.82M | — | $7.59M | $7.59M | $4.05M | — | — | — | — | |
| — | $1.1B | $1.07B | $1.03B | $827.77M | $620.98M | $466.05M | $583.84M | $573.15M | $514.02M | $1.18B | $1.05B | $1.53B | $1.23B | $1.04B | $953.45M | $916.05M | |
| — | $248.14M | $282.6M | $311.35M | $182.22M | $26.71M | -$95.02M | -$186.8M | -$86.6M | -$107.5M | -$577.85M | -$69.52M | -$37.18M | $201.54M | $206.23M | $113.55M | $139.34M | |
| — | — | 20.89% | 23.13% | 18.04% | 4.12% | -25.61% | -47.05% | -17.8% | -26.44% | -96.05% | -7.1% | -2.49% | 14.04% | 16.58% | 10.64% | 13.2% | |
| — | $400.82M | $433.69M | $467.51M | $310.99M | $110.23M | -$21.79M | -$113.77M | -$9.56M | -$56.17M | -$410.56M | $112.79M | $138.02M | $369.02M | $353.53M | $251.91M | $279.91M | |
| — | — | — | — | — | — | — | — | — | — | — | $53.75M | $50.03M | $43.81M | $29.75M | $22.31M | $10.77M | |
| — | -$87.59M | -$62.35M | -$81.86M | -$43.29M | -$29.02M | -$28.77M | -$10.86M | -$26.89M | -$46.02M | -$65.76M | -$70.03M | -$29.25M | -$28.49M | -$11.07M | -$2.52M | $8.76M | |
| — | — | $0 | $0 | $39K | -$221K | -$3.32M | $164K | -$3.15M | -$18.86M | $5.71M | -$13.58M | $10.18M | $15.8M | $12.19M | $13.04M | $12.19M | |
| — | $160.55M | $220.25M | $229.49M | $138.93M | -$2.31M | -$123.79M | -$197.66M | -$113.5M | -$153.52M | -$643.61M | -$139.56M | -$66.43M | — | — | — | — | |
| — | -$84.94M | -$113.21M | $50.22M | $43.31M | $19.89M | $5.88M | -$965K | $27.72M | $18.25M | $6.4M | $20.82M | -$1.08M | $32.79M | $44.41M | $23.63M | $42.48M | |
| — | $246.88M | $334.66M | $180.66M | $97.19M | -$21.75M | -$128.97M | -$196.24M | -$141.74M | -$171.52M | -$660.12M | -$160.18M | -$65.19M | $140.26M | $150.75M | $87.41M | $105.62M | |
| — | — | 24.74% | 13.42% | 9.62% | -3.36% | -34.76% | -49.43% | -29.13% | -42.19% | -109.73% | -16.36% | -4.36% | 9.77% | 12.12% | 8.19% | 10.01% | |
| — | -$1.39M | -$1.21M | -$1.38M | -$1.56M | -$444K | -$691K | -$454K | $524K | -$254K | $10.11M | -$193K | -$159K | — | — | — | — | |
| — | $245.17M | $334.64M | $180.07M | $92.31M | -$16.29M | -$126.19M | -$197.26M | -$143.65M | -$169.43M | -$653.49M | -$146.86M | -$73.5M | $145.17M | $152.94M | $86.27M | $104.36M | |
| USD/shares | — | $4.95 | $6.69 | $3.44 | $1.88 | -$0.49 | -$3.14 | -$4.86 | -$3.71 | -$6.45 | -$14.02 | -$3.41 | -$1.34 | $2.84 | $3.04 | $1.71 | $2.06 |
| USD/shares | — | $4.90 | $6.64 | $3.40 | $1.84 | -$0.49 | -$3.14 | -$4.86 | -$3.71 | -$6.45 | -$14.02 | -$3.41 | -$1.34 | $2.82 | $3.03 | $1.70 | $2.05 |
| shares | — | — | 50.05M | 52.45M | 51.59M | 44.13M | 41.01K | 40.36K | 38.2M | 26.59M | 47.07M | 46.98M | 48.66M | 49.39M | 49.55M | 51.17M | 51.22M |
| shares | — | — | 50.43M | 53.07M | 52.94M | 44.13M | 41.01K | 40.36K | 38.2M | 26.59M | 47.07M | 46.98M | 48.66M | 49.68M | 49.73M | 51.43M | 51.49M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $740.92M in buybacks, $321.75M in dividends.
Debt Profile
Completed filing coverage through Oct 5, 2026Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Read debt and covenant terms in your AI or your code through MCP and the API →Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current finance lease liabilities | 2026-06-30 | USD 0 | 10-Q filed 2026-08-03 |
| Current portion of long-term debt | 2026-06-30 | USD 5,680,000 | 10-Q filed 2026-08-03 |
| Noncurrent debt carrying amount | 2026-06-30 | USD 647,523,000 | 10-Q filed 2026-08-03 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
3.20×
Peer median 1.46×
EV/EBIT
17.37×
Peer median 16.78×
P/E (TTM)
17.51×
Peer median 24.45×
Peer medians compare against the 31 similar-size Oil & Gas Equipment & Services companies (of 47 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| West Africa | $362,755,000 | $380,112,000 | $273,961,000 | $190,349,000 | $75,967,000 | $157,526,000 | $252,050,000 | $142,214,000 |
| Europe and Mediterranean | $343,627,000 | $333,081,000 | $230,217,000 | $129,578,000 | $80,914,000 | $167,204,000 | $247,422,000 | $56,263,000 |
| Americas1 | $270,229,000 | $261,929,000 | $237,205,000 | $146,871,000 | $102,151,000 | $253,352,000 | $273,916,000 | $118,534,000 |
| Asia Pacific1 | $189,747,000 | $210,328,000 | $122,235,000 | $64,231,000 | $18,142,000 | $14,348,000 | — | — |
| Middle East1 | $172,573,000 | $152,187,000 | $135,375,000 | $110,375,000 | $84,395,000 | $82,785,000 | — | — |
| Americas Segment | — | — | — | — | — | — | $136,958,000 | $118,534,000 |
| Europe and Mediterranean Sea Segment | — | — | — | — | — | — | $123,711,000 | $56,263,000 |
| Middle East and Asia Pacific | — | — | — | — | $102,537,000 | $194,266,000 | $180,642,000 | $80,195,000 |
| Middle East and Asia Pacific Segment | — | — | — | — | — | — | $90,321,000 | $80,195,000 |
| West Africa Segment | — | — | — | — | — | — | $126,025,000 | $142,214,000 |
By Geography (USD)
| Component | FY2025 | FY2024 |
|---|---|---|
| Other Countries | $613,623,000 | $600,259,000 |
| Angola | $155,846,000 | $144,566,000 |
| United Kingdom | $149,006,000 | $147,175,000 |
| Saudi Arabia | $133,782,000 | $129,333,000 |
| Norway | $117,445,000 | $112,167,000 |
| Australia | $108,470,000 | $130,788,000 |
| United States | $74,614,000 | $81,547,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Vessel | $1,338,931,000 | $1,337,637,000 | $998,993,000 | $641,404,000 | $361,569,000 | $386,174,000 | $477,015,000 | $397,206,000 |
| Product And Service Other | $13,855,000 | $8,198,000 | $10,992,000 | $6,280,000 | $9,464,000 | $10,864,000 | $9,534,000 | $9,314,000 |
| Service | — | — | — | — | — | $386,174,000 | $477,015,000 | $397,206,000 |