Is Tidewater (TDW) overvalued or fairly valued?

MarketChacha shows Tidewater's valuation in context — a trailing P/E of about 40.5, a forward P/E of about 13.4, a price-to-book of about 2.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Tidewater's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.25×) from reported figures — education, not a rating.

What is Tidewater's revenue?

Tidewater reported revenue of $1.4B for FY2025, with net profit of $334.7M, per official filings.

What is the share price of Tidewater (TDW)?

Tidewater last traded at $80.63 (-0.2% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Tidewater

TDW · NYSE · Energy · United States

Snapshot

TickerTDW

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Equipment & Services

CountryUnited States

Employees7,300

HeadquartersHouston, United States

Websitewww.tdw.com

Filings tracked15

About Tidewater

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 service vessels worldwide. The company operates through five segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. It offers phases of offshore crude oil and natural gas exploration, field development, production, maintenance, and windfarm development and maintenance activities; towing and anchor handling for mobile offshore drilling units; transportation of supplies and personnel necessary to sustain drilling, workover, and production operations; and field abandonment, dismantlement, and restoration activities. The company also provides offshore construction; seismic and subsea support; various other specialized services, such as pipe laying, cable laying, and geotechnical survey support for windfarm construction. Its vessels consist of anchor handling towing supply vessels, platform supply vessels, and other specialty vessels, as well as crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations engaged in the exploration, development, and production of oil and gas; offshore drilling contractors; and other companies that provide services to the offshore energy industry comprising offshore construction companies, windfarm development companies, diving companies, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.

Who owns it

Insiders1.7%
Institutions98.3%
Public & other0.0%

477 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.18%
Price (T.Rowe) Associates Inc7.40%
Robotti Robert5.84%
Neuberger Berman Group, LLC5.63%
Vanguard Portfolio Management LLC5.55%
Dimensional Fund Advisors LP4.18%
State Street Corporation4.08%
Vanguard Capital Management LLC3.93%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.25×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend9.6% → 24.7%

Margin has expanded by about 15.1 points — the business is getting more profitable.

Return on equity24.5%

Latest ROE of 24.5% — capital is generating a healthy return.

Growth qualityrev 16% · PAT 86%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $422.0M · EPS 1.50

Est. earnings growth +234.1%

Next fiscal year

Rev $1.7B · EPS 6.01

Est. earnings growth +115.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.4B

Net margin

24.7%

ROE

24.5%

Revenue CAGR (2y)

+15.7%

Profit CAGR (2y)

+85.6%

EPS (FY2025)

6.64

Net profit (FY2025)

$334.7M

Ask MarketChacha about TDW

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.4B	$334.7M	6.64	24.7%	24.5%
FY2024	$1.3B	$180.7M	3.40	13.4%	16.2%
FY2023	$1.0B	$97.2M	1.84	9.6%	9.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$342.3M	$21.7M	0.43	6.3%
2026Q1	$326.2M	$6.1M	0.12	1.9%
2025Q3	$341.1M	$-806,000	-0.02	-0.2%
2025Q2	$341.4M	$72.9M	1.46	21.4%
2025Q1	$333.4M	$42.7M	0.83	12.8%
2024Q3	$340.4M	$46.4M	0.87	13.6%
2024Q2	$339.2M	$50.4M	0.94	14.8%
2024Q1	$321.2M	$47.0M	0.89	14.6%
2023Q3	$299.3M	$26.2M	0.49	8.8%
2023Q2	$215.0M	$22.6M	0.43	10.5%
2023Q1	$193.1M	$10.7M	0.21	5.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Completion of acquisition/disposition, Material financial obligation, Reg FD disclosure, Exhibits
SEC8/31/2026material
10-Q — FORM 10-Q
SEC8/3/2026
8-K — Results of operations, Exhibits
SEC8/3/2026material
8-K — Other events
SEC7/6/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC6/18/2026material
10-Q — FORM 10-Q
SEC5/4/2026
8-K — Results of operations, Exhibits
SEC5/4/2026material
8-K — Executive/director change, Exhibits
SEC3/19/2026material
8-K — Results of operations, Exhibits
SEC3/2/2026material
10-K — FORM 10-K
SEC3/2/2026
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC2/24/2026material

2025

8-K — Results of operations, Exhibits
SEC11/10/2025material
10-Q — FORM 10-Q
SEC11/10/2025
8-K — Results of operations, Other events, Exhibits
SEC8/4/2025material
10-Q — FORM 10-Q
SEC8/4/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.