15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $334M | 0.0% | 20.9% | $353M | $670M | $579M |
| 2024 | $1.3B | $179M | 0.0% | 23.1% | $255M | $648M | $325M |
| 2023 | $1.0B | $96M | 0.0% | 18.0% | $73M | $734M | $274M |
| 2022 | $648M | -$22M | 0.0% | 4.1% | $24M | $169M | $164M |
| 2021 | $371M | -$129M | 0.0% | -25.6% | $6M | $168M | $149M |
| 2020 | $397M | -$196M | -7.5% | -47.0% | -$11M | $193M | $150M |
| 2019 | $487M | -$142M | 1.4% | -17.8% | -$49M | $298M | $218M |
| 2018 | $407M | -$172M | 1.5% | -26.4% | -$17M | $431M | $372M |
| 2017 | — | -$660M | — | — | — | $2.0B | $706M |
| 2016 | — | -$160M | — | — | — | $2.1B | $678M |
| 2015 | — | -$65M | — | — | — | $1.5B | $79M |
| 2014 | — | $140M | — | — | — | $1.5B | $60M |
| 2013 | — | $151M | — | — | -$227M | $1.0B | $41M |
| 2012 | — | $87M | — | — | -$135M | $950M | $321M |
| 2011 | — | $106M | — | — | -$351M | $700M | $246M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $326M | $6M | 0.0% | 18.1% | $4M | $654M | $552M |
| Dec '25 | $337M | $220M | 0.0% | 19.0% | $148M | $670M | $579M |
| Sep '25 | $341M | -$806000 | 0.0% | 18.4% | $50M | $656M | $428M |
| Jun '25 | $341M | $73M | 0.0% | 23.7% | $80M | $625M | $369M |
| Mar '25 | $333M | $43M | 0.0% | 22.5% | $70M | $636M | $342M |
| Dec '24 | $345M | $37M | 0.0% | 23.6% | $96M | $648M | $325M |
| Sep '24 | $340M | $46M | 0.0% | 20.6% | $43M | $650M | $281M |
| Jun '24 | $339M | $50M | 0.0% | 23.0% | $72M | $711M | $316M |
| Mar '24 | $321M | $47M | 0.0% | 25.5% | $44M | $723M | $281M |
| Dec '23 | $303M | $38M | 0.0% | 20.8% | $39M | $734M | $274M |
| Sep '23 | $299M | $26M | 0.0% | 18.6% | $29M | $744M | $275M |
| Jun '23 | $215M | $23M | 0.0% | 18.1% | $892000 | $182M | $171M |
| Mar '23 | $193M | $11M | 0.0% | 12.7% | $4M | $169M | $165M |
| Dec '22 | $187M | $11M | 0.0% | 7.0% | $40M | $169M | $164M |
| Sep '22 | $192M | $5M | 0.0% | 9.9% | $22M | $169M | $115M |
| Jun '22 | $163M | -$26M | 0.0% | 1.1% | -$26M | $168M | $88M |
| Mar '22 | $106M | -$12M | 0.0% | -6.9% | -$13M | $168M | $136M |
| Dec '21 | $105M | -$38M | 0.0% | -25.7% | $570000 | $168M | $149M |
| Sep '21 | $92M | -$26M | 0.0% | -23.3% | -$3M | $155M | $127M |
| Jun '21 | $90M | -$29M | 0.0% | -22.4% | $4M | $156M | $131M |
How the market has priced TDW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Tidewater Inc's revenue has grown 27.8% per year. These are computed facts, not advice.
As of FY2025, Tidewater Inc reported $670M of total debt against $579M of cash; operating income covered interest expense 4.3×.
In FY2025, gross margin was —, operating margin 20.9%, and net margin 24.7%.
As of Jun '26, Tidewater Inc traded at a price-to-earnings ratio of about 9.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.