Tidewater (TDW) Interest Coverage Ratio (2009 - 2026)
Tidewater (TDW) posted Interest Coverage Ratio of 0.17 for Q1 2026, down 94.84% on a QoQ basis from 3.39 in Q4 2025, and up 24.63% year-over-year from 0.14 in Q1 2025.
Tidewater (TDW) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Tidewater's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 0.17 for Q1 2026.
- Quarterly Interest Coverage Ratio rose 24.63% year-over-year to 0.17 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.79 (up 38.8% YoY) and the FY2025 annual result came in at 0.85, up 45.72% from the prior year.
- Interest Coverage Ratio was 0.17 for Q1 2026 at Tidewater, down from 3.39 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5.85 in Q1 2023 and bottomed at 7.47 in Q4 2023.
- A 5-year average of 0.6 and a median of 0.13 in 2024 frame the typical range for Interest Coverage Ratio.
- Peak annual rise in Interest Coverage Ratio reached 16737.2% in 2023, while the deepest fall reached 359.67% in 2023.
- Tidewater's Interest Coverage Ratio stood at 2.87 in 2022, then tumbled by 359.67% to 7.47 in 2023, then jumped by 156.96% to 4.25 in 2024, then retreated by 20.34% to 3.39 in 2025, then slumped by 94.84% to 0.17 in 2026.
- Business Quant data shows TDW's Interest Coverage Ratio at 0.17 in Q1 2026, 3.39 in Q4 2025, and 0.12 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 8.09 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -130.03 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 4.46 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 5.96 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.41 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 53.50 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 5.11 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 6.35 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 1.60 |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 3.39 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 4.25 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | -7.47 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 5.85 |
| Dec 31, 2022 | 2.87 |
| Sep 30, 2022 | 0.07 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | -0.04 |
| Dec 31, 2021 | -4.91 |
| Sep 30, 2021 | -0.13 |
| Jun 30, 2021 | -0.12 |