Tidewater Inc. (TDW) vs WaterBridge Infrastructure LLC (WBI)

Tidewater Inc. and WaterBridge Infrastructure LLC are both Oil & Gas Equipment & Services companies. Tidewater Inc. is the larger, with a market value of $3.4B against $3.0B — 1.2× the size. Tidewater Inc. trades at the lower P/E: 13.9× against 127×. WaterBridge Infrastructure LLC grew revenue faster over the last twelve months: 113.5% against −1.02%. Tidewater Inc. has the higher net margin (18.3% vs 0.00%) and the higher return on invested capital (10.9% vs 2.32%). Across the 18 metrics below, Tidewater Inc. leads on 14 and WaterBridge Infrastructure LLC on 4.

Valuation

Metric TDW WBI Oil & Gas Equipment & Services median
P/E 13.92 126.76 20.53
P/S 2.56 1.55 1.08
P/B 2.48 0.73 1.64
Price to free cash flow 12.54 n/m 12.36
EV/EBITDA 6.73 8.61 8.00
EV/Sales 2.59 3.60 1.29
Earnings yield 7.18% 0.79% 3.88%
Free cash flow yield 7.98% (2.05%) 5.18%

Profitability

Metric TDW WBI Oil & Gas Equipment & Services median
Gross margin 48.09% 0.00% 22.88%
Operating margin 18.43% 15.48% 7.44%
Net margin 18.34% 0.00% 4.12%
Free cash flow margin 20.42% 40.77% 3.10%
Return on equity 19.56% 0.00% 5.46%
Return on assets 11.12% 0.00% 2.63%
Return on invested capital 10.86% 2.32% 4.26%

Growth

Metric TDW WBI Oil & Gas Equipment & Services median
Revenue growth (TTM) (1.02%) 113.49% 4.65%
EPS growth (last fiscal year) 95.29% — (13.00%)
Revenue growth, 5-year CAGR 27.78% — 12.57%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric TDW WBI Oil & Gas Equipment & Services median
Debt to equity 0.47 0.99 0.44
Current ratio 3.58 1.17 2.04
Net debt to EBITDA 0.14 6.16 1.12

Dividend

Metric TDW WBI Oil & Gas Equipment & Services median
Dividend yield — 0.62% 1.49%
Payout ratio — 0.79 0.36

Size

Metric TDW WBI Oil & Gas Equipment & Services median
Market cap 3.44b 2.96b 1.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack