Overview Dividends

(TDW) Tidewater - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88642R1095

Offshore Vessels, Marine Services, Support Fleet, Energy Industry

Oil & Gas Equipment & Services
Market Cap in USD: 2,636m

IPO / Inception: 1987-12-30
Return 12m vs S&P 500: -13.3%

EPS (Earnings per Share)

EPS CAGR: 14.75%
EPS Trend: 72.4%

Last SUE: -1.30
Qual. Beats: 0

Revenue

Rev. CAGR: 36.86%
Rev. Trend: 90.6%

Last SUE: 1.32
Qual. Beats: 4

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	55.3%
Value at Risk 5%th	82.8%
Relative Tail Risk	-8.94%

Reward TTM
Sharpe Ratio	0.29
Alpha	-16.93
CAGR/Max DD	0.20

Character TTM
Hurst Exponent	0.474
Beta	1.179
Beta Downside	1.794

Drawdowns 3y
Max DD	70.35%
Mean DD	27.27%
Median DD	17.95%

Description: TDW Tidewater November 09, 2025

Tidewater Inc. (NYSE:TDW) operates a global fleet of offshore support vessels that service the offshore energy sector, including oil & gas exploration, production, and the emerging offshore wind market. Its services span anchor handling, towage, platform supply, crew transport, subsea support, and pipe-cable laying for both fossil-fuel and renewable projects.

Key operational metrics that investors watch include the company’s fleet size (approximately 140 vessels as of 2024), average vessel utilization (historically around 85% ± 5% pp), and day-rate earnings (the consolidated average day rate has hovered near $15k ± $2k in the last twelve months). Tidewater’s revenue is highly sensitive to oil price cycles and offshore drilling activity, but the growing offshore wind pipeline in the U.S. and Europe provides a secular demand tailwind that could offset some of the volatility in the oil-centric segment.

From a financial perspective, the firm’s leverage ratio (net debt/EBITDA) sits near 3.2×, and its free cash flow conversion has been roughly 30% of EBITDA, indicating modest cash generation capacity that may be stretched if day-rates compress during a prolonged oil price downturn.

For a deeper, data-driven assessment of Tidewater’s valuation dynamics, you might explore ValueRay’s analytical toolkit, which aggregates real-time market and operational data to help quantify upside and downside scenarios.

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (151.7m TTM) > 0 and > 6% of Revenue (6% = 81.7m TTM)

FCFTA 0.14 (>2.0%) and ΔFCFTA 4.04pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 38.49% (prev 27.04%; Δ 11.45pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.15 (>3.0%) and CFO 317.5m > Net Income 151.7m (YES >=105%, WARN >=100%)

Net Debt (247.3m) to EBITDA (467.6m) ratio: 0.53 <= 3.0 (WARN <= 3.5)

Current Ratio 2.89 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (49.5m) change vs 12m ago -6.75% (target <= -2.0% for YES)

Gross Margin 30.49% (prev 29.20%; Δ 1.29pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 65.19% (prev 63.67%; Δ 1.52pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.33 (EBITDA TTM 467.6m / Interest Expense TTM 66.1m) >= 6 (WARN >= 3)

Altman Z'' 1.18

(A) 0.25 = (Total Current Assets 800.3m - Total Current Liabilities 276.5m) / Total Assets 2.13b

(B) -0.25 = Retained Earnings (Balance) -525.0m / Total Assets 2.13b

(D) -0.52 = Book Value of Equity -517.1m / Total Liabilities 989.9m

Total Rating: 1.18 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 92.02

1. Piotroski 8.0pt

2. FCF Yield 10.14%

3. FCF Margin 21.48%

4. Debt/Equity 0.59

5. Debt/Ebitda 0.53

6. ROIC - WACC (= 11.87)%

7. RoE 13.45%

8. Rev. Trend 90.59%

9. EPS Trend 72.41%

What is the price of TDW shares?

As of December 24, 2025, the stock is trading at USD 51.07 with a total of 259,268 shares traded.
Over the past week, the price has changed by -3.26%, over one month by -4.43%, over three months by -7.55% and over the past year by +1.51%.

Is TDW a buy, sell or hold?

Tidewater has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TDW.

Strong Buy: 3
Buy: 2
Hold: 1
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the TDW price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	62.8	23%
Analysts Target Price	62.8	23%
ValueRay Target Price	55.6	8.8%

TDW Fundamental Data Overview December 19, 2025

Market Cap USD = 2.64b (2.64b USD * 1.0 USD.USD)
P/E Trailing = 17.786
P/E Forward = 36.3636
P/S = 1.9365
P/B = 2.2897
P/EG = -0.04
Beta = 0.585
Revenue TTM = 1.36b USD
EBIT TTM = 286.5m USD
EBITDA TTM = 467.6m USD
Long Term Debt = 649.8m USD (from longTermDebt, last quarter)
Short Term Debt = 25.7m USD (from shortTermDebt, last quarter)
Debt = 675.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 247.3m USD (from netDebt column, last quarter)
Enterprise Value = 2.88b USD (2.64b + Debt 675.5m - CCE 428.2m)
Interest Coverage Ratio = 4.33 (Ebit TTM 286.5m / Interest Expense TTM 66.1m)
FCF Yield = 10.14% (FCF TTM 292.3m / Enterprise Value 2.88b)
FCF Margin = 21.48% (FCF TTM 292.3m / Revenue TTM 1.36b)
Net Margin = 11.14% (Net Income TTM 151.7m / Revenue TTM 1.36b)
Gross Margin = 30.49% ((Revenue TTM 1.36b - Cost of Revenue TTM 946.1m) / Revenue TTM)
Gross Margin QoQ = 28.53% (prev 31.24%)
Tobins Q-Ratio = 1.35 (Enterprise Value 2.88b / Total Assets 2.13b)
Interest Expense / Debt = 2.46% (Interest Expense 16.6m / Debt 675.5m)
Taxrate = 104.9% (out of range, set to none) (21.7m / 20.7m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 2.89 (Total Current Assets 800.3m / Total Current Liabilities 276.5m)
Debt / Equity = 0.59 (Debt 675.5m / totalStockholderEquity, last quarter 1.14b)
Debt / EBITDA = 0.53 (Net Debt 247.3m / EBITDA 467.6m)
Debt / FCF = 0.85 (Net Debt 247.3m / FCF TTM 292.3m)
Total Stockholder Equity = 1.13b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.12% (Net Income 151.7m / Total Assets 2.13b)
RoE = 13.45% (Net Income TTM 151.7m / Total Stockholder Equity 1.13b)
RoCE = 16.12% (EBIT 286.5m / Capital Employed (Equity 1.13b + L.T.Debt 649.8m))
RoIC = 20.12% (EBIT 286.5m / (Assets 2.13b - Curr.Liab 276.5m - Cash 428.2m))
WACC = 8.25% (E(2.64b)/V(3.31b) * Re(10.36%) + (debt cost/tax rate unavailable))
Discount Rate = 10.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.26%
[DCF Debug] Terminal Value 74.28% ; FCFE base≈254.7m ; Y1≈314.2m ; Y5≈536.1m
Fair Price DCF = 124.5 (DCF Value 6.17b / Shares Outstanding 49.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 72.41 | EPS CAGR: 14.75% | SUE: -1.30 | # QB: 0
Revenue Correlation: 90.59 | Revenue CAGR: 36.86% | SUE: 1.32 | # QB: 4
EPS next Quarter (2026-03-31): EPS=0.73 | Chg30d=-0.015 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=3.63 | Chg30d=-0.191 | Revisions Net=-1 | Growth EPS=+19.3% | Growth Revenue=+0.6%

Additional Sources for TDW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle