Tidewater (TDGMW) Asset Utilization Ratio (2010 - 2026)
Tidewater (TDGMW) recorded quarterly Asset Utilization Ratio of 0.57 in Q1 2026, down 4.99% on a QoQ basis from 0.6 in Q4 2025, and down 13.22% year-over-year from 0.66 in Q1 2025.
Tidewater (TDGMW) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Tidewater has disclosed Asset Utilization Ratio across 17 years of filings, most recently posting 0.57 for Q1 2026.
- Quarterly Asset Utilization Ratio fell 13.22% year-over-year to 0.57 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.57 (down 13.22% YoY) and the FY2025 annual result came in at 0.61, down 6.79% from the prior year.
- Asset Utilization Ratio fell to 0.57 in Q1 2026, from 0.6 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.66 in Q2 2025 and troughed at 0.37 in Q1 2022.
- A 5-year average of 0.56 and a median of 0.57 in 2026 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio jumped 53.1% — and 2026, when it slipped 13.22%.
- Tracing TDGMW's Asset Utilization Ratio over 5 years: stood at 0.5 in 2022, then dropped by 2.66% to 0.49 in 2023, then soared by 33.65% to 0.65 in 2024, then declined by 8.25% to 0.6 in 2025, then declined by 4.99% to 0.57 in 2026.
- Business Quant data shows TDGMW's Asset Utilization Ratio at 0.57 in Q1 2026, 0.6 in Q4 2025, and 0.65 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.30 |
| 10 | Tidewater | - | - | 160.04 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.57 |
| Dec 31, 2025 | 0.60 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 0.66 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.65 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.52 |
| Jun 30, 2023 | 0.59 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.50 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.31 |
| Jun 30, 2021 | 0.30 |