Tidewater (TDW) Interest Coverage Ratio (2009 - 2026)
Tidewater's (TDW) Interest Coverage Ratio stood at 3.81 in Q2 2026, down 22.7% from 4.92 a year earlier but up 9.0% from the prior quarter.
Tidewater (TDW) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Tidewater's Interest Coverage Ratio came in at 3.72 as of Jun 30, 2026, down 18.6% year-over-year; for FY2025, it was 4.28, up 0.2% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 4.27 in FY2024 (+13.5%), 3.76 in FY2023 (+141.9%), 1.55 in FY2022 and -6.10 in FY2021.
- Quarterly Interest Coverage Ratio has ranged from -7.90 in Q4 2021 to 8.23 in Q2 2023 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has declined for four consecutive quarters, with growth averaging 6.3% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 56.1% in Q4 2024, against a decline of 50.4% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.49 (Q1 2026), 3.83 (Q4 2025) and 3.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 8.37 |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | -148.94 |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 9.19 |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 0.84 |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.60 |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | - |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Tidewater | 4.04 Bn | 1.86 Bn | 161.54 Mn | 3.81 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.81 |
| Mar 31, 2026 | 3.49 |
| Dec 31, 2025 | 3.83 |
| Sep 30, 2025 | 3.78 |
| Jun 30, 2025 | 4.92 |
| Mar 31, 2025 | 4.59 |
| Dec 31, 2024 | 4.86 |
| Sep 30, 2024 | 3.97 |
| Jun 30, 2024 | 4.08 |
| Mar 31, 2024 | 4.21 |
| Dec 31, 2023 | 3.11 |
| Sep 30, 2023 | 2.89 |
| Jun 30, 2023 | 8.23 |
| Mar 31, 2023 | 5.85 |
| Dec 31, 2022 | 3.02 |
| Sep 30, 2022 | 4.34 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | -1.75 |
| Dec 31, 2021 | -7.90 |
| Sep 30, 2021 | -5.86 |
Tidewater Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TDW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();