(TDW) Tidewater - Overview

Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 4.205m USD | Total Return: 104.4% in 12m

Offshore Vessels, Marine Logistics, Anchor Handling, Supply Transportation
Total Rating 53
Safety 65
Buy Signal 0.09
Oil & Gas Equipment & Services
Industry Rotation: +20.2
Market Cap: 4.21B
Avg Turnover: 64.7M
Risk 3d forecast
Volatility51.5%
VaR 5th Pctl8.52%
VaR vs Median0.41%
Reward TTM
Sharpe Ratio1.49
Rel. Str. IBD83.3
Rel. Str. Peer Group42.3
Character TTM
Beta0.930
Beta Downside1.546
Hurst Exponent0.540
Drawdowns 3y
Max DD70.35%
CAGR/Max DD0.28
CAGR/Mean DD0.66
EPS (Earnings per Share) EPS (Earnings per Share) of TDW over the last years for every Quarter: "2021-03": -0.86, "2021-06": -0.73, "2021-09": -0.58, "2021-12": -0.28, "2022-03": -0.28, "2022-06": -0.61, "2022-09": 0.2, "2022-12": 0.2, "2023-03": 0.23, "2023-06": 0.43, "2023-09": 0.49, "2023-12": 0.7, "2024-03": 0.89, "2024-06": 0.94, "2024-09": 0.87, "2024-12": 0.7145, "2025-03": 0.8353, "2025-06": 1.46, "2025-09": -0.02, "2025-12": 0.4501, "2026-03": 0.1287,
EPS CAGR: 30.93%
EPS Trend: 60.1%
Last SUE: -1.29
Qual. Beats: -1
Revenue Revenue of TDW over the last years for every Quarter: 2021-03: 83.504, 2021-06: 89.953, 2021-09: 92.401, 2021-12: 105.175, 2022-03: 105.729, 2022-06: 163.447, 2022-09: 191.762, 2022-12: 186.746, 2023-03: 193.104, 2023-06: 214.961, 2023-09: 299.262, 2023-12: 302.658, 2024-03: 321.164, 2024-06: 339.23, 2024-09: 340.356, 2024-12: 345.085, 2025-03: 333.444, 2025-06: 341.431, 2025-09: 341.113, 2025-12: 336.798, 2026-03: 326.222,
Rev. CAGR: 19.71%
Rev. Trend: 85.7%
Last SUE: 0.21
Qual. Beats: 0

Warnings

Below Avwap Earnings

Tailwinds

Tailwind, Pullback 52w

Description: TDW Tidewater

Tidewater Inc. (TDW) operates a global fleet of offshore service vessels supporting the entire lifecycle of offshore energy production, including oil, natural gas, and offshore wind. Its operations span five geographic segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The company provides critical logistics, including anchor handling, supply transportation, subsea support, and decommissioning services for integrated oil majors, independent producers, and windfarm developers.

The offshore vessel industry is highly cyclical and capital-intensive, with demand closely tied to offshore capital expenditure budgets and global utilization rates. Unlike onshore services, the offshore marine sector often features longer contract durations, providing a degree of revenue visibility during periods of stable energy prices. Investors may find it useful to review the company’s valuation metrics on ValueRay.

Headquartered in Houston, Texas, Tidewater maintains a diverse fleet consisting of platform supply vessels, crew boats, and specialty tugs. This diversified fleet allows the company to pivot between traditional hydrocarbon exploration and the emerging renewable energy sector, specifically supporting geotechnical surveys and cable laying for offshore wind installations.

Headlines to Watch Out For
  • Rising day rates for platform supply vessels drive significant operating margin expansion
  • Global offshore oil and gas capital expenditure increases demand for support fleets
  • Consolidation of offshore vessel industry reduces competition and improves fleet utilization rates
  • Expansion into offshore wind farm maintenance provides long-term revenue stream diversification
  • High financial leverage and debt servicing costs impact net income during market volatility
Piotroski VR‑10 (Strict) 5.5
Net Income: 298.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA -1.42 > 1.0
NWC/Revenue: 46.80% < 20% (prev 26.56%; Δ 20.24% < -1%)
CFO/TA 0.13 > 3% & CFO 312.2m > Net Income 298.1m
Net Debt (102.1m) to EBITDA (468.4m): 0.22 < 3
Current Ratio: 3.33 > 1.5 & < 3
Outstanding Shares: last quarter (49.6m) vs 12m ago -3.71% < -2%
Gross Margin: 29.32% > 18% (prev 0.30%; Δ 2.90k% > 0.5%)
Asset Turnover: 61.07% > 50% (prev 65.73%; Δ -4.66% > 0%)
Interest Coverage Ratio: 3.91 > 6 (EBITDA TTM 468.4m / Interest Expense TTM 66.6m)
Altman Z'' 1.83
A: 0.27 (Total Current Assets 899.6m - Total Current Liabilities 269.9m) / Total Assets 2.34b
B: -0.13 (Retained Earnings -299.0m / Total Assets 2.34b)
C: 0.12 (EBIT TTM 260.7m / Avg Total Assets 2.20b)
D: -0.30 (Book Value of Equity -291.8m / Total Liabilities 976.7m)
Altman-Z'' = 1.83 = BBB
Beneish M -2.67
DSRI: 0.97 (Receivables 299.7m/312.9m, Revenue 1.35b/1.36b)
GMI: 1.03 (GM 29.32% / 30.32%)
AQI: 1.61 (AQ_t 0.16 / AQ_t-1 0.10)
SGI: 0.99 (Revenue 1.35b / 1.36b)
TATA: -0.01 (NI 298.1m - CFO 312.2m) / TA 2.34b)
Beneish M = -2.67 (Cap -4..+1) = A
What is the price of TDW shares? As of May 22, 2026, the stock is trading at USD 81.20 with a total of 708,700 shares traded.
Over the past week, the price has changed by -0.67%, over one month by -3.18%, over three months by +2.90% and over the past year by +104.38%.
Is TDW a buy, sell or hold? Tidewater has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TDW.
  • StrongBuy: 3
  • Buy: 2
  • Hold: 1
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the TDW price?
Analysts Target Price 85.6 5.4%
Tidewater (TDW) - Fundamental Data Overview as of 22 May 2026
P/E Trailing = 14.2597
P/E Forward = 36.3636
P/S = 3.1252
P/B = 3.0733
P/EG = -0.04
Revenue TTM = 1.35b USD
EBIT TTM = 260.7m USD
EBITDA TTM = 468.4m USD
Long Term Debt = 648.6m USD (from longTermDebt, last quarter)
Short Term Debt = 5.76m USD (from shortTermDebt, last quarter)
Debt = 654.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 102.1m USD (from netDebt column, last quarter)
Enterprise Value = 4.31b USD (4.21b + Debt 654.4m - CCE 552.3m)
Interest Coverage Ratio = 3.91 (Ebit TTM 260.7m / Interest Expense TTM 66.6m)
EV/FCF = 15.28x (Enterprise Value 4.31b / FCF TTM 281.8m)
FCF Yield = 6.54% (FCF TTM 281.8m / Enterprise Value 4.31b)
FCF Margin = 20.95% (FCF TTM 281.8m / Revenue TTM 1.35b)
Net Margin = 22.16% (Net Income TTM 298.1m / Revenue TTM 1.35b)
Gross Margin = 29.32% ((Revenue TTM 1.35b - Cost of Revenue TTM 951.1m) / Revenue TTM)
Gross Margin QoQ = 28.40% (prev 29.06%)
Tobins Q-Ratio = 1.84 (Enterprise Value 4.31b / Total Assets 2.34b)
Interest Expense / Debt = 2.58% (Interest Expense 16.9m / Debt 654.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 205.9m (EBIT 260.7m * (1 - 21.00%))
Current Ratio = 3.33 (Total Current Assets 899.6m / Total Current Liabilities 269.9m)
Debt / Equity = 0.48 (Debt 654.4m / totalStockholderEquity, last quarter 1.37b)
Debt / EBITDA = 0.22 (Net Debt 102.1m / EBITDA 468.4m)
Debt / FCF = 0.36 (Net Debt 102.1m / FCF TTM 281.8m)
Total Stockholder Equity = 1.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.53% (Net Income 298.1m / Total Assets 2.34b)
RoE = 23.78% (Net Income TTM 298.1m / Total Stockholder Equity 1.25b)
RoCE = 13.70% (EBIT 260.7m / Capital Employed (Equity 1.25b + L.T.Debt 648.6m))
RoIC = 10.83% (NOPAT 205.9m / Invested Capital 1.90b)
WACC = 8.28% (E(4.21b)/V(4.86b) * Re(9.25%) + D(654.4m)/V(4.86b) * Rd(2.58%) * (1-Tc(0.21)))
Discount Rate = 9.25% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -3.72%
[DCF] Terminal Value 80.68% ; FCFF base≈280.4m ; Y1≈345.9m ; Y5≈590.1m
[DCF] Fair Price = 190.7 (EV 9.59b - Net Debt 102.1m = Equity 9.49b / Shares 49.7m; r=8.28% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 60.11 | EPS CAGR: 30.93% | SUE: -1.29 | # QB: -1
Revenue Correlation: 85.71 | Revenue CAGR: 19.71% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.63 | Chg30d=-23.08% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.38 | Chg30d=+5.11% | Revisions=+14% | Analysts=3
EPS current Year (2026-12-31): EPS=3.59 | Chg30d=-11.73% | Revisions=-43% | GrowthEPS=+7.0% | GrowthRev=+7.4%
EPS next Year (2027-12-31): EPS=6.03 | Chg30d=+0.13% | Revisions=-25% | GrowthEPS=+68.0% | GrowthRev=+12.2%
[Analyst] Revisions Ratio: -43%