TDW Stock Analysis: Tidewater | NYSE

Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 3.771m USD | 12M Return: 57.1% | Charts, Fundamentals & Technical Analysis

Offshore Vessels, Anchor Handling, Platform Supply, Crew Boats
Total Rating 51
Safety 72
Buy Signal -0.30
Oil & Gas Equipment & Services
Industry Rotation: +4.1
Market Cap: 3.77B
Avg Turnover: 54.5M
Risk 3d forecast
Volatility47.7%
VaR 5th Pctl8.09%
VaR vs Median3.01%
Reward TTM
Sharpe Ratio1.02
Rel. Str. IBD78.8
Rel. Str. Peer Group50
Character TTM
Beta0.896
Beta Downside1.504
Hurst Exponent0.556
Drawdowns 3y
Max DD70.35%
CAGR/Max DD0.13
CAGR/Mean DD0.28
EPS (Earnings per Share) EPS (Earnings per Share) of TDW over the last years for every Quarter: "2021-06": -0.73, "2021-09": -0.58, "2021-12": -0.28, "2022-03": -0.28, "2022-06": -0.1, "2022-09": 0.21, "2022-12": 0.2, "2023-03": 0.23, "2023-06": 0.46, "2023-09": 0.62, "2023-12": 0.7, "2024-03": 0.92, "2024-06": 0.97, "2024-09": 0.89, "2024-12": 0.7145, "2025-03": 0.84, "2025-06": 1.46, "2025-09": 0.61, "2025-12": 0.4501, "2026-03": 0.13,
EPS CAGR: 38.01%
EPS Trend: 73.5%
Last SUE: -1.39
Qual. Beats: -2
Revenue Revenue of TDW over the last years for every Quarter: 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

Earnings Expected To Drop (P/E To P/E Forward)

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +14.5% 33
Feb +2.4% 17
Mar -0.3% 0
Apr -4.3% 56
May -1.4% 11
Jun +7.9% 12
Jul +6.2% 44
Aug -4.1% 21
Sep -0.6% 11
Oct -3.0% 23
Nov -7.8% 26
Dec +6.4% 26

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: TDW Tidewater

Tidewater Inc. (NYSE: TDW), founded in 1956 and headquartered in Houston, Texas, is a global provider of offshore support vessels (OSVs) and marine services to the offshore energy industry. The company operates across five geographic segments-Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa-offering vessel support for the full lifecycle of offshore oil and gas projects, including exploration, field development, production, maintenance, and decommissioning, as well as services related to offshore wind farm development. Its fleet comprises anchor handling towing supply vessels, platform supply vessels, crew boats, utility vessels, and offshore tugs. Tidewater serves a diversified customer base that includes integrated and independent oil and gas exploration and production companies, foreign government-owned energy organizations, drilling contractors, and other offshore service providers. Operating within the oil & gas equipment and services subsector, the companys financial performance is closely linked to global offshore drilling activity and offshore energy capital spending cycles.

Headlines to Watch Out For
  • Offshore E&P spending recovery lifts vessel day rates and utilization
  • Middle East and Asia Pacific segments drive utilization gains
  • Offshore wind farm development expands service revenue beyond oil and gas
Piotroski VR-10 (Strict) 4.5
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 (126.5m) to EBITDA (467.1m): 0.27 < 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 30.32%; Δ -1.00% > 0.5%)
Asset Turnover: 61.07% > 50% (prev 65.73%; Δ -4.66% > 0%)
Interest Coverage Ratio: 3.89 > 6 (EBIT TTM 259.3m / Interest Expense TTM 66.6m)
Altman Z'' 3.61
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 259.3m / Avg Total Assets 2.20b)
D: 1.40 (Book Value of Equity 1.37b / Total Liabilities 976.7m)
Altman-Z'' = 3.61 = AA
Beneish M -2.67
DSRI: 0.97 (Receivables 299.7m/312.9m, Revenue 1.35b/1.36b)
GMI: 1.03 (GM 30.32% / 29.32%)
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 July 21, 2026, the stock is trading at USD 75.43 with a total of 421,935 shares traded. Over the past week, the price has changed by +1.45%, over one month by +13.69%, over three months by -11.27% and over the past year by +57.05%.

Current recommended Stop Loss: 69.30 (which is 8.1% or 2.3 ATR below the current price).

Is TDW a buy, sell or hold?

Tidewater has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold TDW.

  • StrongBuy: 0
  • Buy: 2
  • Hold: 5
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the TDW price?
Analysts Target Price 86.6 14.8%
Tidewater (TDW) - Fundamental Data Overview as of 19 July 2026
Market Cap USD = 3.77b (3.77b USD * 1.0 USD.USD)
P/E Trailing = 12.5738
P/E Forward = 36.3636
P/S = 2.8022
P/B = 2.7124
P/EG = -0.04
Revenue TTM = 1.35b USD
EBIT TTM = 259.3m USD
EBITDA TTM = 467.1m USD
Long Term Debt = 648.6m USD (from longTermDebt, last quarter)
Short Term Debt = 5.76m USD (from shortTermDebt, last quarter)
Debt = 678.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 24.4m
Net Debt = 126.5m USD (calculated: Debt 678.7m - CCE 552.3m)
Enterprise Value = 3.90b USD (3.77b + Debt 678.7m - CCE 552.3m)
Interest Coverage Ratio = 3.89 (Ebit TTM 259.3m / Interest Expense TTM 66.6m)
EV/FCF = 13.83x (Enterprise Value 3.90b / FCF TTM 281.8m)
FCF Yield = 7.23% (FCF TTM 281.8m / Enterprise Value 3.90b)
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 = 1.66 (Enterprise Value 3.90b / Total Assets 2.34b)
Interest Expense / Debt = 9.82% (Interest Expense 66.6m / Debt 678.7m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 204.9m (EBIT 259.3m * (1 - 21.00%))
Current Ratio = 3.33 (Total Current Assets 899.6m / Total Current Liabilities 269.9m)
Debt / Equity = 0.50 (Debt 678.7m / totalStockholderEquity, last quarter 1.37b)
Debt / EBITDA = 0.27 (Net Debt 126.5m / EBITDA 467.1m)
Debt / FCF = 0.45 (Net Debt 126.5m / 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 = 13.63% (EBIT 259.3m / Capital Employed (Equity 1.25b + L.T.Debt 648.6m))
RoIC = 10.20% (NOPAT 204.9m / Invested Capital 2.01b)
WACC = 8.92% (E(3.77b)/V(4.45b) * Re(9.13%) + D(678.7m)/V(4.45b) * Rd(9.82%) * (1-Tc(0.21)))
Discount Rate = 9.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.92 | Cagr: -2.56%
[DCF] Terminal Value 73.64% ; FCFF base≈280.4m ; Y1≈284.6m ; Y5≈308.2m
[DCF] Fair Price = 85.09 (EV 4.36b - Net Debt 126.5m = Equity 4.23b / Shares 49.7m; r=8.92% [WACC]; 5y FCF grow 1.32% → 2.50% )
EPS Correlation: 73.47 | EPS CAGR: 38.01% | SUE: -1.39 | # QB: -2
Revenue Correlation: 85.71 | Revenue CAGR: 19.71% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.41 | Chg30d=-14.02% | Revisions=-25% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.32 | Chg30d=-3.12% | Revisions=-25% | Analysts=4
EPS current Year (2026-12-31): EPS=3.37 | Chg30d=-4.12% | Revisions=-25% | GrowthEPS=+0.3% | GrowthRev=+7.2%
EPS next Year (2027-12-31): EPS=6.26 | Chg30d=-0.06% | Revisions=-25% | GrowthEPS=+86.1% | GrowthRev=+13.4%
[Analyst] Revisions Ratio: -57% (up=0, down=4)