Tidewater Inc (TDGMW) Operating Margin (2009 - 2026)

Tidewater (TDGMW) posted Operating Margin of 18.08% for Q1 2026, down 4.81% on a QoQ basis from 19.0% in Q4 2025, and down 443.0% year-over-year from 5.27% in Q1 2025.

Tidewater Inc (TDGMW) Operating Margin (2009 - 2026) Analysis & Trends

Tidewater's Operating Margin history runs 18 years deep, the most recent figure standing at 18.08% for Q1 2026.

  • Quarterly Operating Margin fell 443.0% year-over-year to 18.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.81% (down 261.0% YoY) and the FY2025 annual result came in at 20.89%, down 224.0% from the prior year.
  • Operating Margin was 18.08% for Q1 2026 at Tidewater, down from 19.0% in the prior quarter.
  • Across five years, Operating Margin topped out at 25.5% in Q1 2024 and bottomed at 6.91% in Q1 2022.
  • A 5-year average of 16.22% and a median of 18.6% in 2023 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2022 — Operating Margin jumped 3328 bps — and 2025, when it sank 459 bps.
  • Tidewater's Operating Margin stood at 7.02% in 2022, then jumped by 197 bps to 20.85% in 2023, then rose by 13 bps to 23.58% in 2024, then slipped by 19 bps to 19.0% in 2025, then declined by 5 bps to 18.08% in 2026.
  • Business Quant data shows TDGMW's Operating Margin at 18.08% in Q1 2026, 19.0% in Q4 2025, and 18.37% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 18.08%
Dec 31, 2025 19.00%
Sep 30, 2025 18.37%
Jun 30, 2025 23.70%
Mar 31, 2025 22.51%
Dec 31, 2024 23.58%
Sep 30, 2024 20.55%
Jun 30, 2024 23.03%
Mar 31, 2024 25.50%
Dec 31, 2023 20.85%
Sep 30, 2023 18.60%
Jun 30, 2023 18.12%
Mar 31, 2023 12.69%
Dec 31, 2022 7.02%
Sep 30, 2022 9.94%
Jun 30, 2022 1.13%
Mar 31, 2022 -6.91%
Dec 31, 2021 -25.66%
Sep 30, 2021 -23.34%
Jun 30, 2021 -22.41%