Tidewater Inc

Tidewater Inc

TDW · NYSE · Energy / Oil & Gas Equipment & Services

79.38USD+1.52 (+1.95%)

Price History

Full chart

Market Stats

Previous Close77.86
Open78.85
Day Range77.34 – 79.67
52-Week Range46.65 – 101.58
Volume370.10K
Market Cap4.22B
P/E (TTM)17.19
Forward P/E36.36
EPS4.93
Dividend Yield0.00%
Beta0.57
50-Day Avg86.78
200-Day Avg75.60

About

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide. The company operates through five segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. It offers phases of offshore crude oil and natural gas exploration, field development, production, maintenance, and windfarm development and maintenance activities; towing and anchor handling for mobile offshore drilling units; transportation of supplies and personnel necessary to sustain drilling, workover, and production operations; and field abandonment, dismantlement, and restoration activities. The company also provides offshore construction; seismic and subsea support; various other specialized services, such as pipe laying, cable laying, and geotechnical survey support for windfarm construction. Its vessels consist of anchor handling towing supply vessels, platform supply vessels, and other specialty vessels, as well as crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations engaged in the exploration, development, and production of oil and gas; offshore drilling contractors; and other companies that provide services to the offshore energy industry comprising offshore construction companies, windfarm development companies, diving companies, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Quintin V. Kneen CPA
  • Employees7.30K
  • Headquarters842 West Sam Houston Parkway North, Houston, TX, United States, 77024, USA
  • Websitehttps://www.tdw.com

Leadership

  • Mr. Quintin V. Kneen CPAPresident, CEO & Director · b. 1966
  • Mr. Samuel R. Rubio CPAExecutive VP & CFO · b. 1960
  • Mr. Piers Dayer MiddletonExecutive VP & Chief Operating Officer · b. 1973
  • Mr. Daniel A. Hudson J.D.Executive VP, Chief Legal Officer & Corporate Secretary · b. 1972
  • Mr. Lee R. JohnsonExecutive VP & Chief Information Officer
  • Mr. West P. GotcherSenior Vice President of Strategy, Corporate Development & IR
  • Ms. Lisa M. OrtegaSenior Vice President of Human Resources
  • Mr. Darren J. VorstVP & Treasurer · b. 1965
  • Mr. Geoff YoungsVP & Controller

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue522.10M538.80M643.40M803.00M1.06B969.00M574.80M616.70M729.00M635.80M652.60M692.20M877.60M1.13B1.27B1.39B1.17B1.06B1.07B1.24B1.44B1.50B979.06M601.61M330.12M406.52M486.55M397.04M371.03M647.68M1.01B1.35B1.35B
Growth (%)-+3.20%+19.41%+24.81%+32.03%-8.60%-40.68%+7.29%+18.21%-12.78%+2.64%+6.07%+26.78%+28.22%+12.88%+9.49%-15.98%-9.69%+1.10%+16.60%+15.35%+4.21%-34.53%-38.55%-45.13%+23.14%+19.69%-18.40%-6.55%+74.56%+55.94%+33.25%+0.52%
Cost of Revenue319.30M331.40M387.80M449.80M533.10M537.10M360.00M389.30M392.10M369.80M416.20M431.30M455.30M521.90M632.20M690.20M632.60M783.83M765.64M852.10M979.12M1.04B762.25M539.19M318.24M333.40M433.93M388.89M378.59M518.59M741.19M939.43M936.44M
Gross Profit202.80M207.40M255.60M353.20M527.10M431.90M214.80M227.40M336.90M266.00M236.40M260.90M422.30M603.40M638.00M700.60M536.00M271.56M301.37M392.07M455.99M459.44M216.81M62.42M11.88M73.12M52.62M8.14M-7.56M129.09M268.80M406.40M416.35M
Gross Margin38.84%38.49%39.73%43.99%49.72%44.57%37.37%36.87%46.21%41.84%36.22%37.69%48.12%53.62%50.23%50.37%45.87%25.73%28.24%31.51%31.77%30.72%22.14%10.38%3.60%17.99%10.82%2.05%-2.04%19.93%26.61%30.20%30.78%
Operating Expense146.70M138.10M142.30M129.90M114.10M145.10M90.30M77.70M125.70M134.20M178.40M159.34M86.84M133.01M188.89M261.20M240.84M132.23M187.81M185.84M254.45M496.62M286.33M640.27M88.45M180.61M139.23M194.95M87.46M102.39M86.58M95.06M126.19M
Operating Income56.10M69.30M113.30M223.30M413.00M286.80M124.50M149.70M211.20M131.80M58.00M101.56M335.46M470.39M449.11M439.40M295.16M139.34M113.55M206.23M201.54M-37.18M-69.52M-577.85M-76.57M-107.50M-86.60M-186.80M-95.02M26.71M182.22M311.35M290.16M
Operating Margin10.75%12.86%17.61%27.81%38.95%29.60%21.66%24.27%28.97%20.73%8.89%14.67%38.22%41.80%35.36%31.59%25.26%13.20%10.64%16.58%14.04%-2.49%-7.10%-96.05%-23.20%-26.44%-17.80%-47.05%-25.61%4.12%18.04%23.13%21.45%
EBITDA129.40M155.90M195.70M305.60M504.40M381.60M207.00M229.20M289.30M215.00M156.50M201.16M442.96M586.59M569.91M643.70M425.36M299.44M271.70M372.21M384.34M158.81M96.50M-401.30M67.78M-71.75M-7.38M-100.47M-34.98M98.40M316.18M458.62M548.67M
EBITDA Margin24.78%28.93%30.42%38.06%47.58%39.38%36.01%37.17%39.68%33.82%23.98%29.06%50.47%52.13%44.87%46.28%36.40%28.37%25.46%29.92%26.78%10.62%9.86%-66.70%20.53%-17.65%-1.52%-25.31%-9.43%15.19%31.31%34.08%40.56%
Net Income24.20M42.60M76.20M146.00M243.10M210.70M76.60M86.10M136.20M88.60M41.70M101.34M235.74M356.61M348.79M406.90M259.44M105.62M87.41M150.75M140.25M-65.19M-160.18M-660.12M-2.25B-171.52M-141.74M-196.24M-128.97M-21.75M97.19M180.66M334.66M
Net Income Margin4.64%7.91%11.84%18.18%22.93%21.74%13.33%13.96%18.68%13.94%6.39%14.64%26.86%31.69%27.46%29.26%22.20%10.01%8.19%12.12%9.77%-4.36%-16.36%-109.73%-681.03%-42.19%-29.13%-49.43%-34.76%-3.36%9.62%13.42%24.74%
R&D-----------------0000000-0-------
R&D as % of Total Revenue-----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%-------
Interest Expense01.90M2.40M6.80M15.90M10.10M19.20M22.30M6.40M4.10M3.50M1.80M11.90M19.60M23.50M26.00M27.40M10.77M22.31M29.75M43.81M50.03M53.75M75.03M030.44M29.07M24.16M15.58M17.19M48.47M72.97M66.09M
Interest Expense % of Total Revenue0.00%0.35%0.37%0.85%1.50%1.04%3.34%3.62%0.88%0.64%0.54%0.26%1.36%1.74%1.85%1.87%2.34%1.02%2.09%2.39%3.05%3.35%5.49%12.47%0.00%7.49%5.97%6.08%4.20%2.65%4.80%5.42%4.89%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets809.90M902.20M978.20M1.04B1.49B1.39B1.43B1.51B1.67B1.85B2.08B2.21B2.36B2.65B2.75B3.07B3.29B3.75B4.06B4.17B4.89B4.76B4.98B4.19B1.76B1.83B1.58B1.25B1.10B1.30B2.06B2.07B2.39B
Total Liabilities252.90M322.00M239.50M269.30M494.10M326.80M318.10M327.20M383.60M498.20M715.70M770.50M705.40M763.30M821.70M829.10M829.30M1.23B1.54B1.61B2.20B2.28B2.68B2.54B737.65M682.82M563.12M427.90M394.01M431.67M1.03B963.72M1.03B
Total Equity557.00M580.20M738.70M769.70M998.70M1.07B1.11B1.18B1.29B1.35B1.37B1.44B1.66B1.89B1.93B2.24B2.46B2.51B2.53B2.56B2.68B2.47B2.30B1.63B1.02B1.14B1.01B822.12M701.77M865.99M1.04B1.11B1.37B
Cash106.80M14.70M28.80M41.10M25.00M10.40M226.90M95.20M11.90M17.80M17.60M15.40M246.10M393.80M270.20M250.80M223.10M245.70M320.71M40.57M60.36M78.57M678.44M706.40M432.04M371.79M218.29M149.93M149.04M164.19M274.44M324.92M578.76M
Total Debt47.50M112.00M2.90M-31.50M---54.00M139.00M325.00M380.00M300.00M321.90M310.10M300.00M300.00M700.00M950.00M1.21B1.51B1.53B2.05B2.03B448.16M439.00M288.93M192.73M169.29M171.15M734.44M637.10M679.26M
Net Debt-59.30M97.30M-25.90M-41.10M6.50M-10.40M-226.90M-95.20M42.10M121.20M307.40M364.60M53.90M-71.90M39.90M49.20M76.90M454.30M629.29M959.43M1.45B1.46B1.37B1.33B16.13M67.21M70.64M42.80M18.85M4.84M460.00M312.18M100.50M

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow135.70M139.20M179.20M205.50M346.10M254.40M235.10M150.90M193.90M202.00M129.00M160.10M283.60M435.10M489.50M526.40M328.30M264.21M222.42M213.92M104.62M358.71M253.36M29.82M-57.13M3.94M-31.42M3.99M15.01M40.23M104.70M273.85M379.11M
Investing Cash Flow------14.43M-----53.21M-----569.94M-315.08M-413.49M-403.69M-231.42M-135.00M14.86M28.09M68.53M10.85M23.40M25.06M-23.81M-610.27M-188.00K-7.48M
Financing Cash Flow-92.00M42.30M-153.10M-158.80M-75.80M-174.50M-33.00M-23.80M23.00M59.80M156.20M26.80M-106.10M-136.20M-341.10M-111.80M-57.50M328.39M167.65M-80.58M318.86M-109.09M481.51M-16.72M-224.02M-128.06M-149.56M-99.77M-41.01M-2.72M615.56M-222.59M-135.96M
Capital Expenditure53.30M299.70M46.10M58.00M82.50M48.30M57.40M302.80M317.90M269.62M297.51M207.39M172.41M235.18M354.02M473.68M451.97M615.29M357.11M440.57M594.70M364.19M194.49M25.50M12.10M21.39M18.00M14.90M8.95M16.64M31.59M27.58M25.76M
Free Cash Flow82.40M-160.50M133.10M147.50M263.60M206.10M177.70M-151.90M-124.00M-67.62M-168.51M-47.29M111.19M199.92M135.48M52.73M-123.67M-351.08M-134.69M-226.65M-490.08M-5.48M58.88M4.32M-69.23M-17.45M-49.42M-10.91M6.05M23.59M73.12M246.27M353.35M
Dividends Paid21.20M21.30M25.30M35.40M36.40M34.40M33.40M33.50M33.70M33.90M34.00M34.30M34.60M33.90M32.70M51.50M51.70M51.48M51.26M49.59M49.82M48.83M35.39M0------1.12B--
FCF to OCF60.72%-115.30%74.27%71.78%76.16%81.01%75.58%-100.66%-63.95%-33.48%-130.63%-29.54%39.21%45.95%27.68%10.02%-37.67%-132.88%-60.56%-105.95%-468.45%-1.53%23.24%14.49%121.18%-442.78%157.28%-273.81%40.35%58.64%69.83%89.93%93.20%
Dividend Paid to FCF25.73%-13.27%19.01%24.00%13.81%16.69%18.80%-22.05%-27.18%-50.13%-20.18%-72.53%31.12%16.96%24.14%97.68%-41.80%-14.66%-38.06%-21.88%-10.16%-890.97%60.11%0.00%------1535.41%--

Earnings

Report DateOct 22, 1995Jan 24, 1996Apr 29, 1996Jul 22, 1996Oct 22, 1996Jan 21, 1997May 1, 1997Jul 22, 1997Oct 21, 1997Jan 26, 1998May 4, 1998Jul 21, 1998Oct 23, 1998Jan 20, 1999Apr 29, 1999Jul 22, 1999Oct 21, 1999Jan 20, 2000May 4, 2000Jul 20, 2000Oct 19, 2000Jan 17, 2001May 1, 2001Jul 26, 2001Oct 22, 2001Jan 30, 2002Apr 25, 2002Jul 23, 2002Oct 22, 2002Jan 21, 2003Apr 22, 2003Jul 22, 2003Oct 23, 2003Jan 20, 2004Apr 21, 2004Jul 28, 2004Oct 21, 2004Jan 28, 2005Apr 27, 2005Jul 26, 2005Oct 27, 2005Jan 24, 2006May 3, 2006Jul 27, 2006Oct 25, 2006Jan 24, 2007Apr 26, 2007Jul 26, 2007Oct 26, 2007Feb 1, 2008May 5, 2008Aug 1, 2008Oct 27, 2008Jan 28, 2009May 13, 2009Jul 29, 2009Oct 29, 2009Feb 2, 2010May 20, 2010Aug 5, 2010Nov 3, 2010Feb 4, 2011May 19, 2011Aug 4, 2011Nov 2, 2011Feb 2, 2012May 21, 2012Aug 8, 2012Nov 6, 2012Feb 1, 2013May 21, 2013Aug 6, 2013Nov 4, 2013Feb 4, 2014May 20, 2014Aug 5, 2014Nov 3, 2014Feb 9, 2015May 27, 2015Aug 10, 2015Nov 3, 2015Feb 2, 2016May 25, 2016Aug 9, 2016Nov 7, 2016Feb 7, 2017Jun 12, 2017Aug 8, 2017Nov 9, 2017Mar 14, 2018May 14, 2018Aug 13, 2018Nov 12, 2018Feb 28, 2019May 6, 2019Aug 9, 2019Nov 11, 2019Mar 3, 2020May 11, 2020Jul 30, 2020Nov 5, 2020Mar 4, 2021May 6, 2021Aug 9, 2021Nov 9, 2021Mar 9, 2022May 9, 2022Aug 4, 2022Nov 3, 2022Feb 27, 2023May 8, 2023Aug 7, 2023Nov 6, 2023Feb 29, 2024May 2, 2024Aug 6, 2024Nov 7, 2024Feb 26, 2025May 5, 2025Aug 4, 2025Nov 10, 2025Feb 26, 2026May 4, 2026Aug 3, 2026Nov 9, 2026
EPS Estimate10.6412.4811.0814.9416.5118.8821.3023.9328.5633.7332.4232.6524.6420.7513.318.856.178.138.115.0310.0511.9614.9619.2819.3216.3614.7214.2312.1813.0811.898.976.967.765.777.659.5610.1811.0214.5018.5930.0034.3634.4241.4946.9646.6551.5848.8247.8654.1647.6557.6059.8162.1156.4042.4637.5432.5627.3015.1621.2315.8013.1310.6113.4619.0118.9023.0913.6219.2223.7627.7334.8319.7728.9933.4028.7717.826.74-0.48-9.55-18.59-23.12-33.86-36.89-40.78-43.17-41.55-0.67-0.55-0.42-0.32-0.52-0.68-0.17-0.28-0.62-0.38-0.42-0.36-0.59-0.59-0.51-0.56-0.61-0.60-0.25-0.17-0.200.240.651.260.790.620.871.090.930.590.480.510.790.700.320.64
EPS Actual12.2512.5711.0012.2516.6521.3624.1926.0733.6136.1332.9933.3030.7922.3013.519.4210.689.7410.684.718.8012.5716.3420.7319.7918.8515.7112.8812.8813.1910.3710.056.9110.055.657.239.1110.6811.3115.7121.3632.6734.8738.6448.6950.2649.0150.5849.0152.1551.2151.5258.1271.6266.9156.2338.9536.4439.2724.1911.9421.0512.8815.0810.6816.0218.8520.1125.4521.3627.9621.3636.1331.7326.3926.3936.7535.1813.515.65-0.63-6.60-18.22-32.67-31.73-31.41-29.53-23.25-28.55-0.20-0.76-0.32-0.41-0.42-0.49-0.41-0.99-0.64-0.200.02-0.87-0.57-0.86-0.73-0.58-0.28-0.28-0.100.210.200.230.460.620.700.920.970.890.710.841.460.610.450.130.43-
Surprise15.13%0.72%-0.72%-18.01%0.85%13.14%13.57%8.94%17.68%7.12%1.76%1.99%24.96%7.47%1.50%6.44%73.10%19.80%31.69%-6.36%-12.44%5.10%9.22%7.52%2.43%15.22%6.73%-9.49%5.75%0.84%-12.78%12.04%-0.72%29.51%-2.08%-5.49%-4.71%4.91%2.63%8.34%14.90%8.90%1.48%12.26%17.35%7.03%5.06%-1.94%0.39%8.96%-5.45%8.12%0.90%19.75%7.73%-0.30%-8.27%-2.93%20.61%-11.39%-21.24%-0.85%-18.48%14.85%0.66%19.02%-0.84%6.40%10.22%56.83%45.47%-10.10%30.29%-8.90%33.49%-8.97%10.03%22.28%-24.19%-16.17%-31.25%30.89%1.99%-41.31%6.29%14.86%27.59%46.14%31.29%70.15%-38.18%23.81%-28.13%19.23%27.94%-141.18%-253.57%-3.23%47.37%104.76%-141.67%3.39%-45.76%-43.14%-3.57%54.10%53.33%60.00%223.53%200.00%-4.17%-29.23%-50.79%-11.39%48.39%11.49%-18.35%-23.31%42.37%204.17%19.61%-42.85%-81.43%34.38%-
Timing------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market--------------------------------------------------------------After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.22B
Enterprise Value4.31B
Trailing P/E17.19
Forward P/E36.36
PEG Ratio-0.04
Price / Sales3.13
Price / Book3.07
EPS4.93
Book Value28.00
Revenue (TTM)1.35B
Gross Profit (TTM)647.52M
EBITDA398.50M
Profit Margin18.34%
Operating Margin17.27%
Return on Equity19.45%
Return on Assets6.96%
Shares Outstanding49.76M
Shares Float45.99M
Beta0.57
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 8 analystsTarget 94.88
  • Buy
    2
  • Hold
    5
  • Strong Sell
    1

Ownership Breakdown

Institutions
119.66%
Insiders
1.76%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.24M14.56%
  • Neuberger Berman Group LLC
    3.27M6.57%
  • T. Rowe Price Associates, Inc.
    3.21M6.45%
  • Robotti Robert
    2.91M5.84%
  • Vanguard Portfolio Management, LLC
    2.63M5.28%
  • Dimensional Fund Advisors, Inc.
    2.08M4.18%
  • State Street Corp
    1.95M3.92%
  • Vanguard Capital Management, LLC
    1.94M3.90%
  • Baillie Gifford & Co Limited.
    1.67M3.36%
  • American Century Companies Inc
    1.62M3.25%
  • UBS Group AG
    1.51M3.04%
  • Wellington Management Company LLP
    1.48M2.97%
  • Sourcerock Group LLC
    1.40M2.82%
  • Citadel Advisors Llc
    1.25M2.51%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.81M5.66%
  • Avantis US Small Cap Value ETF
    1.46M2.93%
  • Neuberger Genesis Inv
    1.41M2.84%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.34M2.70%
  • iShares Russell 2000 ETF
    1.28M2.58%
  • T. Rowe Price Mid-Cap Value
    1.20M2.42%

Dividends

20201×
0.01Dec 30, 2020
20171×
0.01Dec 28, 2017
20154×
8.06Dec 2, 20158.06Sep 2, 20158.06Jun 3, 20158.06Mar 4, 2015
20144×
8.06Dec 3, 20148.06Sep 3, 20148.06Jun 4, 20148.06Feb 28, 2014
20134×
8.06Dec 4, 20138.06Sep 4, 20138.06May 31, 20138.06Mar 1, 2013
20124×
8.06Nov 30, 20128.06Aug 30, 20128.06Jun 1, 20128.06Mar 1, 2012
20114×
8.06Dec 1, 20118.06Aug 31, 20118.06Jun 1, 20118.06Mar 2, 2011
20102×
8.06Dec 1, 20108.06Sep 1, 2010

Stock Splits

  • Aug 1, 201731:1000
  • Oct 29, 19803:2