Tidewater Inc.
TDW Energy Oil & Gas Equipment & Services
Tidewater Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 0.52% from fiscal 2024.
- Revenue
- +0.25%
- EPS
- −70.1%
- Free cash flow
- −15.9%
- Total debt
- +4.47%
Quarter to June 2026, against a year earlier
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Tidewater Inc. (TDW) Gross margin
Tidewater Inc.'s gross margin over the twelve months to 30 June 2026 was 48.1%, down 1.1 percentage points from fiscal 2025 (49.2%). Over the past ten years it has ranged from 3.60% (fiscal 2017) to 49.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Equipment & Services industry median of 22.9% and above the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 49.2% | 0.98 |
| FY2024 | 48.2% | 3.77 |
| FY2023 | 44.5% | 6.14 |
| FY2022 | 38.3% | 9.49 |
| FY2021 | 28.8% | (2.61) |
| FY2020 | 31.5% | (0.32) |
| FY2019 | 31.8% | (0.56) |
| FY2018 | 32.3% | 28.73 |
| FY2017 | 3.60% | (34.58) |
| FY2017 | 38.2% | 19.47 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 46.9% | (1.94) |
| Mar 2026 | 48.8% | 0.11 |
| Dec 2025 | 48.7% | 0.71 |
| Sep 2025 | 48.0% | (2.07) |
| 39 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AROC Archrock, Inc. compare | 67.5% |
| USAC USA Compression Partners, LP compare | 64.0% |
| KGS Kodiak Gas Services, Inc. compare | 63.9% |
| SEI Solaris Energy Infrastructure, Inc. compare | 49.9% |
| TDW Tidewater Inc. | 48.1% |
| WHD Cactus, Inc. compare | 33.5% |
| OII Oceaneering International, Inc. compare | 19.9% |
| WBI WaterBridge Infrastructure LLC compare | 0.00% |
| EROK EagleRock Land LLC compare | — |
| Oil & Gas Equipment & Services industry median | 22.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on TDW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement