Tidewater (TDW) FCF Margin (2009 - 2026)
Tidewater (TDW) recorded FCF Margin of 15.23% in Q2 2026, down 4.82 percentage points from 20.04% a year earlier but up 13.91 percentage points from the prior quarter.
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Analysis
Tidewater (TDW) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Tidewater's FCF Margin came in at 20.14% as of Jun 30, 2026, down 0.25 percentage points year-over-year; for FY2025, it was 26.12%, up 7.18 percentage points from FY2024.
- Annual FCF Margin has increased for six straight years, with a five-year change of +28.87 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 18.94% in FY2024 (+11.75 pp), 7.19% in FY2023 (+3.55 pp), 3.64% in FY2022 (+2.01 pp) and 1.63% in FY2021 (+4.38 pp).
- Quarterly FCF Margin has ranged from -15.76% in Q2 2022 to 43.89% in Q4 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +2.84 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 21.10 percentage points in Q4 2022, against a drop of 20.41 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.32% (Q1 2026), 43.89% (Q4 2025) and 19.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | -17.14% |
| 10 | Tidewater | 4.04 Bn | 1.86 Bn | 161.54 Mn | 15.23% |
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% |
API Access
Tidewater FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TDW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TDW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();