Stocktoria

TIDEWATER INC TDW

NYSE · stock · Water Transportation · website · IPO 1981-05-22 · LEI

TIDEWATER INC statistics & valuation

Market cap$3.3B
P / E10.0×
P / S2.5×
P / B2.5×
P / FCF9.5×
Net margin24.7%
Return on equity24.5%
FCF margin26.1%
Net debt$91.3M
Net debt / EBITDA0.2×
Enterprise value USD$3.4B
EV / EBITDA6.3×
Earnings yield EBIT/EV8.2%
Return on capital13.6%
Graham number -30.6%$63.60

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($63.60); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-16.40% -109.70% -42.20% -29.10% -49.40% -34.80% -3.40% 9.60% 13.40% 24.70% 2016201720182019202020212022202320242025
Gross margin (%)
7.10% -9.90% 1.50% 1.40% -7.50% 2016201720182019202020212022202320242025
Operating margin (%)
-7.10% -96.10% -26.40% -17.80% -47.00% -25.60% 4.10% 18.00% 23.10% 20.90% 2016201720182019202020212022202320242025
Return on equity (%)
-6.90% -40.00% -15.00% -13.90% -23.80% -18.40% -2.50% 9.40% 16.20% 24.50% 2016201720182019202020212022202320242025
Shares outstanding
47.0M 47.1M 37.0M 39.9M 40.7M 41.3M 50.6M 52.9M 53.1M 50.4M 2016201720182019202020212022202320242025
Net debt ($)
$1.37B $1.33B $59.7M $79.4M $15.0M $18.8M $4.8M $356.9M $323.0M $91.3M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-3.20% -15.80% -9.40% -9.00% -15.70% -11.80% -1.70% 4.70% 8.70% 14.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
6.00% 0.70% -4.30% -10.20% -2.70% 1.60% 3.60% 7.20% 18.90% 26.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.89× 1.24× 0.38× 0.29× 0.20× 0.24× 0.20× 0.61× 0.58× 0.49× 2016201720182019202020212022202320242025
EPS ($)
-$3.41 -$14.02 -$6.45 -$3.71 -$4.86 -$3.14 -$0.49 $1.84 $3.40 $6.64 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TIDEWATER INC trades at about 13.8× earnings — below its 10-year norm (10-year range 9.4×–1044.2×, median 558.4×).

9.4× 1044.2×

Shaded band = 10-year range (9.4×–1044.2×); dot = today's 13.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin—————-7.5%1.4%1.5%-9.9%7.1%
Operating margin20.9%23.1%18.0%4.1%-25.6%-47.0%-17.8%-26.4%-96.1%-7.1%
Net margin24.7%13.4%9.6%-3.4%-34.8%-49.4%-29.1%-42.2%-109.7%-16.4%
FCF margin26.1%18.9%7.2%3.6%1.6%-2.7%-10.2%-4.3%0.7%6.0%
Return on assets14.0%8.7%4.7%-1.7%-11.8%-15.7%-9.0%-9.4%-15.8%-3.2%
Return on equity24.5%16.2%9.4%-2.5%-18.4%-23.8%-13.9%-15.0%-40.0%-6.9%
Debt / equity0.49×0.58×0.61×0.20×0.24×0.20×0.29×0.38×1.24×0.89×
Current ratio2.902.111.801.942.172.122.894.320.490.54

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.