Latest revenue
$326.2M
as of 2026-03-31
Latest net income
$6.1M
as of 2026-03-31
Net margin
1.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $3.94B
- Enterprise value
- $3.94B
- P/E (trailing)
- 11.8×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $93.13
- 52-wk low
- $39.48
- Beta
- —
- Shares out
- 49.7M
5-year trend
What this company does
ITEM 1. BUSINESS Unless otherwise required by the context, the terms “we,” “us,” “our” and “the company” as used herein refer to Tidewater Inc. and its consolidated subsidiaries and predecessors. About Tidewater We have provided marine and transportation services to the global offshore energy industry since our incorporation in 1956. Our mission includes providing services to our customers with the highest level of operational performance, while complying with laws and regulations, respecting the environment and local communities in which we work and supporting the safety of our people. We offer a large, diversified fleet of offshore service vessels (OSV) and related support vessels…
AI summary unavailable — showing raw filing excerpt
Generated from TDW's filing dated 2026-03-02
Key risks
ITEM 1A. RISK FACTORS The following discussion of risk factors contains forward-looking statements. These risk factors may be important to understanding other statements in this Form 10-K. The following information should be read in conjunction with Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Consolidated Financial Statements and related notes in Part II, Item 8, “Financial Statements and Supplementary Data” of this Form 10-K. Our business, financial condition and operating results can be affected by several factors, whether currently known or unknown, including but not limited to those described below. Any of these…
AI summary unavailable — showing raw filing excerpt
Generated from TDW's filing dated 2026-03-02
Profitability
Operating margin
20.9%
9.7%Net margin
24.7%
84.3%Return on equity
24.5%
51.2%Return on assets
14.0%
61.0%Leverage
Debt / equity
0.75×
13.2%Long-term debt / equity
0.48×
7.4%Debt / assets
42.8%
7.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $326.2M | -2.2% | $6.1M | -85.6% | 1.9% |
Q4 2025 2025-12-31 | $336.8M | -2.4% | $219.9M | +495.8% | 65.3% |
Q3 2025 2025-09-30 | $341.1M | +0.2% | $-806.0K | -101.7% | -0.2% |
Q2 2025 2025-06-30 | $341.4M | +0.6% | $72.9M | +44.8% | 21.4% |
Q1 2025 2025-03-31 | $333.4M | +3.8% | $42.7M | -9.3% | 12.8% |
Q4 2024 2024-12-31 | $345.1M | — | $36.9M | — | 10.7% |
Q3 2024 2024-09-30 | $340.4M | +13.7% | $46.4M | +77.0% | 13.6% |
Q2 2024 2024-06-30 | $339.2M | +57.8% | $50.4M | +123.0% | 14.8% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Water Transportation · SIC 4400
Your notes
Keep private notes on TDW — thesis, target price, catalysts to watch.
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Insider activity
No insider transactions on file for TDW in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns TDW
Institutional value
$2.40B
Total shares held
29.2M
Distinct holders
238
-91 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.2M | $605.3M | +344.3K (+5.0%) | Added |
| 2 | ROBOTTI ROBERT | 2.9M | $244.0M | -3.0M (-50.5%) | Trimmed |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.6M | $219.5M | — | New |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.9M | $162.3M | — | New |
| 5 | DIMENSIONAL FUND ADVISORS LP | 1.8M | $153.6M | +86.1K (+4.9%) | Added |
| 6 | UBS Group AG | 1.5M | $126.3M | +759.1K (+100.9%) | Added |
| 7 | THIRD AVENUE MANAGEMENT LLC | 921.2K | $77.0M | +48.1K (+5.5%) | Added |
| 8 | Hosking Partners LLP | 662.4K | $55.3M | +11.6K (+1.8%) | Added |
| 9 | BAILLIE GIFFORD & CO | 655.4K | $54.8M | — | New |
| 10 | FEDERATED HERMES, INC. | 501.3K | $41.9M | -10.2K (-2.0%) | Trimmed |
| 11 | Boston Partners | 426.4K | $35.7M | +67.6K (+18.8%) | Added |
| 12 | Old West Investment Management, LLC | 410.3K | $34.3M | +331.3K (+419.6%) | Added |
| 13 | FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 400.4K | $33.5M | -33.6K (-7.7%) | Trimmed |
| 14 | Empire Life Investments Inc. | 362.4K | $30.2M | -17.7K (-4.7%) | Trimmed |
| 15 | Invesco Ltd. | 327.7K | $27.4M | +81.4K (+33.0%) | Added |
| 16 | Bank of New York Mellon Corp | 323.9K | $27.1M | +20.5K (+6.7%) | Added |
| 17 | VANGUARD FIDUCIARY TRUST CO | 318.2K | $26.6M | — | New |
| 18 | PRINCIPAL FINANCIAL GROUP INC | 306.5K | $25.6M | +33.0K (+12.1%) | Added |
| 19 | KEYBANK NATIONAL ASSOCIATION/OH | 304.7K | $25.5M | — | New |
| 20 | VILLERE ST DENIS J & CO LLC | 292.9K | $24.5M | -134.4K (-31.4%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once TDW's latest filing finishes processing.