Tidewater (TDW) FCF Margin (2009 - 2026)
Tidewater (TDW) recorded quarterly FCF Margin of 15.23% in Q2 2026, up 1056.82% on a QoQ basis from 1.32% in Q1 2026, and down 482.0% YoY from 3.99% in Q2 2025.
Analysis
Tidewater (TDW) FCF Margin (2009 - 2026) Analysis & Trends
Tidewater (TDW) has reported FCF Margin for 18 consecutive years, with 15.23% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 482.0% year-over-year to 15.23%; the trailing twelve-month figure through Jun 2026 stood at 20.14% (down 25.0% YoY), and the FY2025 full-year result was 26.12%, up 718.0% from the prior year.
- FCF Margin was 15.23% for Q2 2026 at Tidewater, up from 1.32% in the prior quarter.
- The five-year high for FCF Margin was 43.89% in Q4 2025, with the low at 15.76% in Q2 2022.
- Historically, FCF Margin has averaged 12.59% across 5 years, with a median of 13.19% in 2024.
- On a YoY basis, FCF Margin climbed as much as 2110 bps in 2022 and fell as far as 2041 bps in 2022.
- Tracing TDW's FCF Margin over 5 years: stood at 21.64% in 2022, then tumbled by 41 bps to 12.67% in 2023, then jumped by 119 bps to 27.68% in 2024, then soared by 59 bps to 43.89% in 2025, then plunged by 65 bps to 15.23% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 15.23% in Q2 2026, 1.32% in Q1 2026, and 43.89% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 15.50% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 10.31% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 12.04% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | -25.76% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 15.23% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 37.32% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 19.19% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | -7.64% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 3.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.23% |
| Mar 31, 2026 | 1.32% |
| Dec 31, 2025 | 43.89% |
| Sep 30, 2025 | 19.63% |
| Jun 30, 2025 | 20.04% |
| Mar 31, 2025 | 21.04% |
| Dec 31, 2024 | 27.68% |
| Sep 30, 2024 | 12.73% |
| Jun 30, 2024 | 21.30% |
| Mar 31, 2024 | 13.65% |
| Dec 31, 2023 | 12.67% |
| Sep 30, 2023 | 9.77% |
| Jun 30, 2023 | 0.41% |
| Mar 31, 2023 | 2.15% |
| Dec 31, 2022 | 21.64% |
| Sep 30, 2022 | 11.36% |
| Jun 30, 2022 | -15.76% |
| Mar 31, 2022 | -12.16% |
| Dec 31, 2021 | 0.54% |
| Sep 30, 2021 | -3.49% |