Tidewater Inc. (TDW)
NYSE: TDW · Real-Time Price · USD
62.49
+0.02 (0.03%)
Jan 30, 2026, 4:00 PM EST - Market closed
Tidewater Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 1,350 | 1,338 | 998.99 | 641.4 | 361.57 | 386.17 |
Other Revenue | 11.56 | 8.2 | 10.99 | 6.28 | 9.46 | 10.86 |
| 1,361 | 1,346 | 1,010 | 647.68 | 371.03 | 397.04 | |
Revenue Growth (YoY) | 4.42% | 33.25% | 55.94% | 74.56% | -6.55% | -18.40% |
Cost of Revenue | 685.33 | 696.66 | 560.86 | 400.63 | 264.05 | 275.14 |
Gross Profit | 675.75 | 649.17 | 449.13 | 247.05 | 106.99 | 121.89 |
Selling, General & Admin | 126.04 | 110.75 | 92.63 | 99.27 | 68.31 | 73.45 |
Other Operating Expenses | - | - | - | 0.01 | - | - |
Operating Expenses | 386.81 | 353.52 | 272.96 | 218.44 | 183.25 | 243.14 |
Operating Income | 288.94 | 295.65 | 176.17 | 28.61 | -76.27 | -121.25 |
Interest Expense | -66.12 | -72.97 | -48.47 | -17.19 | -15.58 | -24.16 |
Interest & Investment Income | 7.92 | 7.03 | 4.96 | 1.57 | 1.74 | 19.89 |
Earnings From Equity Investments | - | - | 0.04 | -0.22 | -3.32 | 0.16 |
Currency Exchange Gain (Loss) | 6.21 | -15.28 | -1.37 | -2.83 | -0.37 | -5.25 |
Other Non Operating Income (Expenses) | - | - | - | -14.18 | - | -2 |
EBT Excluding Unusual Items | 236.95 | 214.44 | 131.32 | -4.23 | -93.8 | -132.6 |
Merger & Restructuring Charges | -0.72 | -0.72 | -1.09 | -2.03 | -0.35 | -1.51 |
Gain (Loss) on Sale of Assets | 11.27 | 15.76 | 8.7 | 0.25 | -2.9 | 7.59 |
Asset Writedown | - | - | - | 0.5 | -15.64 | -71.15 |
Legal Settlements | - | - | - | 1.9 | - | - |
Other Unusual Items | -27.1 | - | - | 1.3 | -11.1 | - |
Pretax Income | 220.4 | 229.49 | 138.93 | -2.31 | -123.79 | -197.66 |
Income Tax Expense | 69.78 | 50.22 | 43.31 | 19.89 | 5.88 | -0.97 |
Earnings From Continuing Operations | 150.62 | 179.27 | 95.62 | -22.19 | -129.66 | -196.7 |
Minority Interest in Earnings | 1.06 | 1.38 | 1.56 | 0.44 | 0.69 | 0.45 |
Net Income | 151.68 | 180.66 | 97.19 | -21.75 | -128.97 | -196.24 |
Net Income to Common | 151.68 | 180.66 | 97.19 | -21.75 | -128.97 | -196.24 |
Net Income Growth | -16.39% | 85.89% | - | - | - | - |
Shares Outstanding (Basic) | 51 | 52 | 52 | 44 | 41 | 40 |
Shares Outstanding (Diluted) | 51 | 53 | 53 | 44 | 41 | 40 |
Shares Change (YoY) | -4.20% | 0.25% | 19.95% | 7.61% | 1.62% | 5.63% |
EPS (Basic) | 2.99 | 3.44 | 1.88 | -0.49 | -3.14 | -4.86 |
EPS (Diluted) | 2.97 | 3.40 | 1.84 | -0.49 | -3.14 | -4.86 |
EPS Growth | -12.74% | 84.78% | - | - | - | - |
Free Cash Flow | 292.42 | 246.27 | 73.12 | 23.59 | 6.06 | -10.91 |
Free Cash Flow Per Share | 5.72 | 4.64 | 1.38 | 0.54 | 0.15 | -0.27 |
Gross Margin | 49.65% | 48.24% | 44.47% | 38.14% | 28.84% | 30.70% |
Operating Margin | 21.23% | 21.97% | 17.44% | 4.42% | -20.55% | -30.54% |
Profit Margin | 11.14% | 13.42% | 9.62% | -3.36% | -34.76% | -49.43% |
Free Cash Flow Margin | 21.48% | 18.30% | 7.24% | 3.64% | 1.63% | -2.75% |
EBITDA | 438.88 | 446.82 | 301.14 | 112.14 | -3.04 | -48.22 |
EBITDA Margin | 32.25% | 33.20% | 29.82% | 17.31% | -0.82% | -12.14% |
D&A For EBITDA | 149.94 | 151.17 | 124.98 | 83.52 | 73.22 | 73.03 |
EBIT | 288.94 | 295.65 | 176.17 | 28.61 | -76.27 | -121.25 |
EBIT Margin | 21.23% | 21.97% | 17.44% | 4.42% | -20.55% | -30.54% |
Effective Tax Rate | 31.66% | 21.88% | 31.17% | - | - | - |
Revenue as Reported | 1,361 | 1,346 | 1,010 | 647.68 | 371.03 | 397.04 |
Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.