Tidewater (TDW) EBIT (2009 - 2026)
Tidewater (TDW) recorded quarterly EBIT of $62.5 million in Q2 2026, up 6.01% on a QoQ basis from $59.0 million in Q1 2026, and down 22.73% YoY from $80.9 million in Q2 2025.
Analysis
Tidewater (TDW) EBIT (2009 - 2026) Analysis & Trends
Tidewater (TDW) has reported EBIT for 18 consecutive years, with $62.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT fell 22.73% year-over-year to $62.5 million; the trailing twelve-month figure through Jun 2026 stood at $248.1 million (down 19.25% YoY), and the FY2025 full-year result was $282.6 million, down 9.23% from the prior year.
- EBIT was $62.5 million for Q2 2026 at Tidewater, up from $59.0 million in the prior quarter.
- The five-year high for EBIT was $81.9 million in Q1 2024, with the low at -$7.3 million in Q1 2022.
- Historically, EBIT has averaged $51.4 million across 5 years, with a median of $62.6 million in 2025.
- Annual changes were most pronounced in 2023 — EBIT soared 2016.68% — and 2026, when it decreased 22.73%.
- Tracing TDW's EBIT over 5 years: stood at $13.1 million in 2022, then jumped by 380.98% to $63.1 million in 2023, then climbed by 28.98% to $81.4 million in 2024, then slipped by 21.38% to $64.0 million in 2025, then dropped by 2.26% to $62.5 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were $62.5 million in Q2 2026, $59.0 million in Q1 2026, and $64.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.07 Bn | 81.00 Bn | 4.63 Bn | 4.31 Bn |
| 2 | Baker Hughes | 63.03 Bn | 47.30 Bn | 1.58 Bn | 859.00 Mn |
| 3 | Halliburton | 31.08 Bn | 29.03 Bn | 2.10 Bn | 778.00 Mn |
| 4 | Weatherford International | 6.68 Bn | 5.54 Bn | 662.00 Mn | 107.00 Mn |
| 5 | Kodiak Gas Services | 6.11 Bn | 5.98 Bn | 246.76 Mn | 124.24 Mn |
| 6 | Tidewater | 4.62 Bn | 4.01 Bn | 161.54 Mn | 62.53 Mn |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn | 100.38 Mn |
| 8 | Liberty Energy | 3.59 Bn | 3.04 Bn | 208.34 Mn | 12.72 Mn |
| 9 | National Energy Services Reunited | 3.50 Bn | 3.31 Bn | 81.29 Mn | 64.84 Mn |
| 10 | Select Water Solutions | 2.78 Bn | 2.74 Bn | 76.84 Mn | 34.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.53 Mn |
| Mar 31, 2026 | 58.98 Mn |
| Dec 31, 2025 | 63.98 Mn |
| Sep 30, 2025 | 62.65 Mn |
| Jun 30, 2025 | 80.92 Mn |
| Mar 31, 2025 | 75.05 Mn |
| Dec 31, 2024 | 81.38 Mn |
| Sep 30, 2024 | 69.95 Mn |
| Jun 30, 2024 | 78.13 Mn |
| Mar 31, 2024 | 81.90 Mn |
| Dec 31, 2023 | 63.10 Mn |
| Sep 30, 2023 | 55.67 Mn |
| Jun 30, 2023 | 38.95 Mn |
| Mar 31, 2023 | 24.50 Mn |
| Dec 31, 2022 | 13.12 Mn |
| Sep 30, 2022 | 19.06 Mn |
| Jun 30, 2022 | 1.84 Mn |
| Mar 31, 2022 | -7.31 Mn |
| Dec 31, 2021 | -26.99 Mn |
| Sep 30, 2021 | -21.56 Mn |