Tidewater Financial Statements
NYSE: TDWConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tidewater revenue and earnings
In fiscal 2025, Tidewater generated $1.35 billion in revenue, up 0.5% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $334.7 million (+85.2% year over year), for a net margin of 24.7% versus a median of -3.4% in the prior 5 years. Operating margin was 20.9%.
Diluted earnings per share came in at $6.64, up from $3.40. Over the last 5 fiscal years, TDW's revenue has grown at a 27.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Tidewater income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20162017-03-31 | FY 20152016-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.35B | 1.35B | 1.01B | 647.68M | 371.03M | 397.04M | 486.55M | 406.52M | 601.61M | 979.06M |
| Revenue growth (YoY) | +0.52% | +33.25% | +55.94% | +74.56% | -6.55% | -18.40% | +19.69% | -32.43% | -38.55% | -34.53% |
| Gross Profit | — | — | — | — | — | -29.67M | 6.89M | 6.07M | -59.38M | 69.57M |
| Operating Expenses | — | — | — | — | — | 157.13M | 93.50M | 113.56M | 518.47M | 139.10M |
| Operating Income | 282.60M | 311.35M | 182.22M | 26.71M | -95.02M | -186.80M | -86.60M | -107.50M | -577.85M | -69.52M |
| Interest Expense | 66.12M | 73.22M | 48.74M | 17.41M | 15.61M | 24.16M | 29.07M | 30.44M | 75.03M | 53.75M |
| Other Income (Expense) | -62.35M | -81.86M | -43.29M | -29.02M | -28.77M | -10.86M | -26.89M | -46.02M | -65.76M | -70.03M |
| Pretax Income | 220.25M | 229.49M | 138.93M | -2.31M | -123.78M | -197.66M | -113.50M | -153.52M | -643.61M | -139.56M |
| Income Tax | -113.21M | 50.22M | 43.31M | 19.89M | 5.88M | -965.00K | 27.72M | 18.25M | 6.40M | 20.82M |
| Net Income | 334.66M | 180.66M | 97.19M | -21.75M | -128.97M | -196.24M | -141.74M | -171.52M | -660.12M | -160.18M |
| Net Income growth (YoY) | +85.25% | +85.89% | — | — | — | — | — | — | — | — |
| EPS (Basic) | 6.69 | 3.44 | 1.88 | -0.49 | -3.14 | -4.86 | -3.71 | -6.45 | -14.02 | -3.41 |
| EPS (Diluted) | 6.64 | 3.40 | 1.84 | -0.49 | -3.14 | -4.86 | -3.71 | -6.45 | -14.02 | -3.41 |
| Shares Outstanding (Basic) | 50.05M | 52.45M | 51.59M | 44.13M | 41.01K | 40.35K | 38.20M | 26.59M | 47.07M | 46.98M |
| Shares Outstanding (Diluted) | 50.43M | 53.07M | 52.94M | 44.13M | 41.01K | 40.35K | 38.20M | 26.59M | 47.07M | 46.98M |
| EBITDA | 433.69M | 467.51M | 310.99M | 110.23M | -21.79M | -113.77M | -9.56M | -56.16M | -410.56M | 112.78M |
| Gross Margin | — | — | — | — | — | -7.47% | 142.00% | 149.00% | -9.87% | 7.11% |
| Operating Margin | 20.89% | 23.13% | 18.04% | 4.12% | -25.61% | -47.05% | -17.80% | -26.44% | -96.05% | -7.10% |
| Net Margin | 24.74% | 13.42% | 9.62% | -3.36% | -34.76% | -49.43% | -29.13% | -42.19% | -109.73% | -16.36% |
This table shows 10 annual periods of Tidewater's income statement, from FY 2025 back to FY 2015, across 17 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow TDW's reporting calendar. What is a income statement?