Tidewater Inc. (TDW)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 397 | 371 | 648 | 1,010 | 1,346 | 1,353 | 1,346 | 1,442 |
| Operating profit | $m | 290 | 251 | ||||||
| Net profit | $m | -196 | -129 | -22 | 97 | 181 | 335 | 247 | 143 |
| EPS reported | $ | 6.64 | 4.94 | ||||||
| Operating cashflow per share | $ | 7.57 | 6.29 | ||||||
| Capex per share | $ | 0.51 | 1.11 | ||||||
| FCF per share | $ | 7.06 | 5.19 | ||||||
| Free cash flow | $m | 353 | 258 | ||||||
| Net debt | $m | 76 | 40 | ||||||
| Book value equity | $m | 1,365 | 1,393 | ||||||
| Book value per share | $ | 27.28 | 28.01 | ||||||
| Number of shares | m | 50.05 | 49.74 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 7.61 | 17.14 | ||||||
| P/B LTM | x | 1.85 | 1.81 | ||||||
| P/S LTM | x | 1.87 | 1.88 | ||||||
| P/FCF LTM | x | 7.15 | 9.80 | ||||||
| EV/EBITDA LTM | x | 4.79 | 5.66 | ||||||
| EV/Sales LTM | x | 1.94 | 3.29 | ||||||
| Earnings Yield LTM | % | +13.14% | +5.83% | ||||||
| FCF Yield | % | +13.98% | +10.21% | ||||||
| Quality | |||||||||
| ROE | % | +24.51% | +18.74% | ||||||
| ROIC | % | +13.80% | +11.93% | ||||||
| Operating margin | % | +21.45% | +18.63% | ||||||
| Gross margin | % | +30.78% | +28.61% | ||||||
| FCF/Sales | % | +26.12% | +19.16% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +95.29% | +45.29% | ||||||
| Sales Growth YoY | % | +0.52% | +0.04% | ||||||
| Net Income Growth YoY | % | +85.25% | +36.66% | ||||||
| FCF Growth | % | +43.48% | +4.78% | ||||||
| Operating Profit Growth | % | -6.81% | -19.44% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.52 | 0.40 | ||||||
| Net Debt/EBITDA | x | 0.18 | 0.09 | ||||||
| EBIT/Net interest | x | 4.39 | 3.76 | ||||||
| Net debt/market cap | % | +25.90% | +14.86% | ||||||
| Net debt/Equity | x | 0.06 | 0.03 | ||||||
| Gross debt/equity | x | 0.50 | 0.47 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Tidewater Inc., along with its subsidiaries, provides essential marine support and transportation services globally for the offshore energy industry, leveraging its diverse fleet of specialized vessels. Its core activities include facilitating offshore oil and natural gas exploration, field development, and production, as well as contributing to windfarm development and maintenance. These critical services range from towing and anchor handling for mobile offshore drilling units to the crucial transport of supplies and personnel for ongoing drilling, workover, and production operations. Tidewater also offers offshore construction, seismic, and subsea support, provides geotechnical survey assistance for windfarm construction, and undertakes specialized tasks like pipe and cable laying. To achieve this, the company manages and charters a variety of vessels. Its deepwater fleet comprises platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels, designed to move equipment and provisions from shore bases to offshore drilling rigs and production platforms in both deep and intermediate waters. For shallower operations, it deploys towing-supply vessels, alongside crew boats, utility vessels, and offshore tugs that shuttle personnel and materials to various offshore installations. Additionally, its offshore tugs play a vital role in towing floating drilling rigs and barges, assisting with tanker docking, and supporting construction barges, as well as pipe and cable laying activities. Tidewater's clientele is broad, encompassing major and independent oil and natural gas exploration and production firms, state-owned or controlled foreign entities, drilling contractors, and companies engaged in offshore construction, windfarm development, diving, and well stimulation. As of December 31, 2021, the company owned a fleet of 135 vessels. Tidewater Inc. was established in 1956 and is headquartered in Houston, Texas.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Tidewater Inc., along with its subsidiaries, provides essential marine support and transportation services globally for the offshore energy industry, leveraging its diverse fleet of specialized vessels. Its core activities include facilitating offshore oil and natural gas exploration, field development, and production, as well as contributing to windfarm development and maintenance. These critical services range from towing and anchor handling for mobile offshore drilling units to the crucial transport of supplies and personnel for ongoing drilling, workover, and production operations. Tidewater also offers offshore construction, seismic, and subsea support, provides geotechnical survey assistance for windfarm construction, and undertakes specialized tasks like pipe and cable laying. To achieve this, the company manages and charters a variety of vessels. Its deepwater fleet comprises platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels, designed to move equipment and provisions from shore bases to offshore drilling rigs and production platforms in both deep and intermediate waters. For shallower operations, it deploys towing-supply vessels, alongside crew boats, utility vessels, and offshore tugs that shuttle personnel and materials to various offshore installations. Additionally, its offshore tugs play a vital role in towing floating drilling rigs and barges, assisting with tanker docking, and supporting construction barges, as well as pipe and cable laying activities. Tidewater's clientele is broad, encompassing major and independent oil and natural gas exploration and production firms, state-owned or controlled foreign entities, drilling contractors, and companies engaged in offshore construction, windfarm development, diving, and well stimulation. As of December 31, 2021, the company owned a fleet of 135 vessels. Tidewater Inc. was established in 1956 and is headquartered in Houston, Texas.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free