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Tidewater Inc.

TDWEnergyNASDAQ

Oil & Gas Equipment & Services · Last scanned May 30, 2026

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Financials · Annual
Revenue
$1.35B
+0.5% YoY
Net Income
$334.7M
+85.2% YoY
EBITDA
$437.4M
-4.6% YoY
Free Cash Flow
$385.1M

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About Tidewater Inc.

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine. At a $3.65B market cap, Tidewater Inc. ranks as a mid-cap company within energy. The company operates through five segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa.

Key stats
Market Cap$3.65B
P/E (TTM)12.39
Fwd P/E11.73
EPS$5.93
Beta0.57
52W Change+82.5%
ROE24.0%
Analysis

On the balance sheet, TDW has $442.5M in cash with $447.9M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $385.1M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 24.0% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $647.7M (2022) to $1.35B (2025), reflecting a 109% increase over the period.

The relatively low beta of 0.57 suggests TDW is a less volatile holding compared to the broader index. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing TDW.

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