Tidewater (TDW) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.3B
Gross Profit
406.4M
30.20%
Operating Income
296.3M
22.02%
Net Income
179.3M
13.32%
EPS (Diluted)
$3.40
Balance Sheet Metrics
Total Assets
2.1B
Total Liabilities
963.7M
Shareholders Equity
1.1B
Debt to Equity
0.87
Cash Flow Metrics
Operating Cash Flow
280.6M
Free Cash Flow
246.3M
Revenue & Profitability Trend
Tidewater Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.3B | 1.0B | 647.7M | 371.0M | 397.0M |
| Cost of Goods Sold | 939.4M | 741.2M | 518.6M | 378.6M | 388.9M |
| Gross Profit | 406.4M | 268.8M | 129.1M | -7.6M | 8.1M |
| Operating Expenses | 110.1M | 94.2M | 99.9M | 68.2M | 73.9M |
| Operating Income | 296.3M | 174.6M | 29.2M | -75.7M | -63.8M |
| Pre-tax Income | 229.5M | 138.9M | -2.3M | -123.8M | -197.7M |
| Income Tax | 50.2M | 43.3M | 19.9M | 5.9M | -965.0K |
| Net Income | 179.3M | 95.6M | -22.2M | -129.7M | -196.7M |
| EPS (Diluted) | $3.40 | $1.84 | -$0.49 | -$3.14 | -$4.86 |
Income Statement Trend
Tidewater Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 698.7M | 591.1M | 377.9M | 342.7M | 388.6M |
| Non-Current Assets | 1.4B | 1.5B | 919.7M | 753.1M | 862.5M |
| Total Assets | 2.1B | 2.1B | 1.3B | 1.1B | 1.3B |
| Liabilities | |||||
| Current Liabilities | 331.6M | 328.7M | 194.8M | 157.9M | 183.2M |
| Non-Current Liabilities | 632.1M | 696.3M | 236.9M | 236.1M | 244.7M |
| Total Liabilities | 963.7M | 1.0B | 431.7M | 394.0M | 427.9M |
| Equity | |||||
| Total Shareholders Equity | 1.1B | 1.0B | 866.0M | 701.8M | 823.3M |
Balance Sheet Composition
Tidewater Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 179.3M | 95.6M | -22.2M | -129.7M | -196.7M |
| Operating Cash Flow | 280.6M | 89.8M | 31.8M | -14.4M | -98.0M |
| Investing Activities | |||||
| Capital Expenditures | -27.6M | -31.6M | -16.6M | -9.0M | -14.9M |
| Investing Cash Flow | -188.0K | -610.3M | -23.8M | 25.1M | 23.4M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -222.6M | 504.1M | 185.1M | -41.0M | -99.8M |
| Free Cash Flow | 246.3M | 73.1M | 23.6M | 6.1M | -10.9M |
Cash Flow Trend
Tidewater Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
13.42
Forward P/E
6.36
Price to Book
2.05
Price to Sales
1.63
PEG Ratio
6.36
Profitability Ratios
Profit Margin
12.98%
Operating Margin
21.71%
Return on Equity
16.15%
Return on Assets
8.97%
Financial Health
Current Ratio
2.07
Debt to Equity
57.28
Beta
1.06
Per Share Data
EPS (TTM)
$3.34
Book Value per Share
$21.90
Revenue per Share
$25.99
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| tdw | 2.2B | 13.42 | 2.05 | 16.15% | 12.98% | 57.28 |
| Schlumberger Limited | 45.3B | 11.36 | 2.34 | 20.20% | 11.62% | 68.14 |
| Baker Hughes Company | 37.5B | 12.91 | 2.20 | 18.04% | 10.51% | 35.01 |
| Landbridge Co. LLC | 5.1B | 33.37 | 3.54 | 2.58% | 0.59% | 60.54 |
| ChampionX | 4.7B | 16.42 | 2.48 | 16.83% | 8.20% | 34.38 |
| Nov | 5.0B | 8.87 | 0.78 | 9.18% | 6.68% | 36.54 |
Financial data is updated regularly. All figures are in the company's reporting currency.