Tidewater (TDW) Asset Utilization Ratio (2010 - 2026)
Tidewater (TDW) recorded quarterly Asset Utilization Ratio of 0.57 in Q2 2026, up 0.5% on a QoQ basis from 0.57 in Q1 2026, and down 12.93% YoY from 0.66 in Q2 2025.
Analysis
Tidewater (TDW) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Tidewater (TDW) has reported Asset Utilization Ratio for 17 consecutive years, with 0.57 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 12.93% year-over-year to 0.57; the trailing twelve-month figure through Jun 2026 stood at 0.57 (down 12.93% YoY), and the FY2025 full-year result was 0.61, down 6.79% from the prior year.
- Asset Utilization Ratio was 0.57 for Q2 2026 at Tidewater, up from 0.57 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.66 in Q2 2025, with the low at 0.37 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.56 across 5 years, with a median of 0.57 in 2026.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 53.1% — and 2026, when it decreased 13.22%.
- Tracing TDW'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 4.51% to 0.57 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.57 in Q2 2026, 0.57 in Q1 2026, and 0.6 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.41 Bn | 79.34 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 58.89 Bn | 43.16 Bn | 1.58 Bn | 0.54 |
| 3 | Halliburton | 30.18 Bn | 28.14 Bn | 2.10 Bn | 0.88 |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | 0.94 |
| 5 | Kodiak Gas Services | 5.97 Bn | 5.83 Bn | 246.76 Mn | 0.28 |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn | 0.57 |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 0.32 |
| 8 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn | 0.81 |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn | 0.94 |
| 10 | Select Water Solutions | 2.77 Bn | 2.74 Bn | 76.84 Mn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.57 |
| 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 |