Tidewater (TDGMW) Operating Margin (2009 - 2026)
Tidewater (TDGMW) recorded quarterly Operating Margin of 18.08% in Q1 2026, up 135.33% on a QoQ basis from 51.18% in Q4 2025, and down 443.0% year-over-year from 5.27% in Q1 2025.
Tidewater (TDGMW) Operating Margin (2009 - 2026) Analysis & Trends
Tidewater has disclosed Operating Margin across 18 years of filings, most recently posting 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 2.24% (down 80.0% YoY) and the FY2025 annual result came in at 3.42%, down 16.0% from the prior year.
- Operating Margin improved to 18.08% in Q1 2026, from 51.18% in the prior quarter.
- Over five years, Operating Margin peaked at 25.5% in Q1 2024 and troughed at 52.68% in Q4 2024.
- A 5-year average of 3.78% and a median of 18.08% in 2026 frame the typical range for Operating Margin.
- Biggest YoY gain for Operating Margin was 3328 bps in 2022; the steepest drop was 4750 bps in 2022.
- Tracing TDGMW's Operating Margin over 5 years: stood at 7.54% in 2022, then sank by 294 bps to 29.72% in 2023, then plunged by 77 bps to 52.68% in 2024, then grew by 3 bps to 51.18% in 2025, then surged by 135 bps to 18.08% in 2026.
- Business Quant data shows TDGMW's Operating Margin at 18.08% in Q1 2026, 51.18% in Q4 2025, and 18.37% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 50.58% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 11.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.57% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 14.51% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 15.64% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.29% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 10.68% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 53.94% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 30.89% |
| 10 | Tidewater | - | - | 160.04 Mn | 18.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.08% |
| Dec 31, 2025 | -51.18% |
| Sep 30, 2025 | 18.37% |
| Jun 30, 2025 | 23.70% |
| Mar 31, 2025 | 22.51% |
| Dec 31, 2024 | -52.68% |
| Sep 30, 2024 | 20.55% |
| Jun 30, 2024 | 23.03% |
| Mar 31, 2024 | 25.50% |
| Dec 31, 2023 | -29.72% |
| Sep 30, 2023 | 18.60% |
| Jun 30, 2023 | 18.12% |
| Mar 31, 2023 | 12.69% |
| Dec 31, 2022 | -7.54% |
| Sep 30, 2022 | 9.94% |
| Jun 30, 2022 | 1.13% |
| Mar 31, 2022 | -6.91% |
| Dec 31, 2021 | 39.96% |
| Sep 30, 2021 | -23.34% |
| Jun 30, 2021 | -22.41% |