Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 41 → 48
Share price -9.5%+8
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Tidewater
Is Tidewater getting weaker?
Its latest SEC filing (Aug 3, 2026) showed no major changes. Its overall score is 72/100, up 2 since Oct 28, 2026.
How is Tidewater valued vs its peers?
Priced about in line with its peers. Valuation scores 48/100 against 404 energy peers.
Is Tidewater growing?
Yes, faster than most of its peers. Growth scores 76/100 against 404 energy peers.3-year revenue growth 19.6% vs a peer median of -1.3% (stronger than 92% of peers).3-year revenue growth 19.6% vs peers -1.3% (stronger than 92% of peers).
How profitable is Tidewater?
More profitable than most of its peers. Profitability scores 75/100 against 404 energy peers.Return on assets 10.4% vs a peer median of 4.4% (stronger than 88% of peers).Return on assets 10.4% vs peers 4.4% (stronger than 88% of peers).
How risky is Tidewater?
Lower risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 3.58× vs a peer median of 1.37× (stronger than 91% of peers).Current ratio 3.58× vs peers 1.37× (stronger than 91% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 3, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.3B USD
1.3B USD
+0.1%
Net income (12 months)
297.0M USD
245.7M USD
−17.3%
Operating margin
19.8%
18.4%
−1.4 pts
Free cash flow (12 months)
287.5M USD
271.2M USD
−5.7%
Debt
654.4M USD
653.2M USD
−0.2%
Cash
552.3M USD
613.5M USD
+11.1%
Shares outstanding
49.7M
49.8M
+0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
—
—
—
—
—
—
Operating margin
-25.6%
4.1%
18.0%
23.1%
20.9%
▼ 2.2 pts
Net margin
-34.8%
-3.4%
9.6%
13.4%
24.7%
▲ 11 pts
Return on assets (ROA)
-11.8%
-1.7%
4.7%
8.7%
14.0%
▲ 5.3 pts
Return on equity (ROE)
-18.4%
-2.5%
9.4%
16.2%
24.5%
▲ 8.3 pts
Free cash flow margin
1.6%
3.6%
7.2%
18.9%
26.1%
▲ 7.2 pts
Current ratio
2.17×
1.94×
1.80×
2.11×
2.90×
▲ 38%
Debt to equity
0.24×
0.20×
0.71×
0.58×
0.49×
▼ 16%
TDW price history
Price history is added with the daily price update and will appear after the next one.