Tidewater (TDW) EBITDA Margin (2009 - 2026)
Tidewater (TDW) recorded quarterly EBITDA Margin of 18.27% in Q2 2026, up 1.03% on a QoQ basis from 18.08% in Q1 2026, and down 543.0% YoY from 4.12% in Q2 2025.
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Tidewater (TDW) EBITDA Margin (2009 - 2026) Analysis & Trends
Tidewater (TDW) has reported EBITDA Margin for 18 consecutive years, with 18.27% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 543.0% year-over-year to 18.27%; the trailing twelve-month figure through Jun 2026 stood at 18.43% (down 416.0% YoY), and the FY2025 full-year result was 20.89%, down 224.0% from the prior year.
- EBITDA Margin was 18.27% for Q2 2026 at Tidewater, up from 18.08% in the prior quarter.
- The five-year high for EBITDA Margin was 25.5% in Q1 2024, with the low at 6.91% in Q1 2022.
- Historically, EBITDA Margin has averaged 16.33% across 5 years, with a median of 18.49% in 2023.
- Annual changes were most pronounced in 2022 — EBITDA Margin soared 3328 bps — and 2026, when it tumbled 543 bps.
- Tracing TDW's EBITDA Margin over 5 years: 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 retreated by 4 bps to 18.27% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 18.27% in Q2 2026, 18.08% in Q1 2026, and 19.0% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.41 Bn | 79.34 Bn | 4.63 Bn | 48.02% |
| 2 | Baker Hughes | 58.89 Bn | 43.16 Bn | 1.58 Bn | 12.74% |
| 3 | Halliburton | 30.18 Bn | 28.14 Bn | 2.10 Bn | 13.62% |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | 9.68% |
| 5 | Kodiak Gas Services | 5.97 Bn | 5.83 Bn | 246.76 Mn | 50.40% |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn | 18.27% |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 53.05% |
| 8 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn | 12.45% |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn | 9.46% |
| 10 | Select Water Solutions | 2.77 Bn | 2.74 Bn | 76.84 Mn | 20.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.27% |
| 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% |