Tidewater (TDW) Interest Coverage Ratio (2009 - 2026)
Tidewater (TDW) recorded quarterly Interest Coverage Ratio of 3.81 in Q2 2026, up 9.01% on a QoQ basis from 3.49 in Q1 2026, and down 22.66% YoY from 4.92 in Q2 2025.
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Analysis
Tidewater (TDW) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Tidewater (TDW) has reported Interest Coverage Ratio for 18 consecutive years, with 3.81 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 22.66% year-over-year to 3.81; the trailing twelve-month figure through Jun 2026 stood at 3.72 (down 18.61% YoY), and the FY2025 full-year result was 4.28, changed 0.21% from the prior year.
- Interest Coverage Ratio was 3.81 for Q2 2026 at Tidewater, up from 3.49 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.23 in Q2 2023, with the low at 1.75 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 3.76 across 5 years, with a median of 3.9 in 2024.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio soared 1816.69% — and 2024, when it tumbled 50.38%.
- Tracing TDW's Interest Coverage Ratio over 5 years: stood at 3.02 in 2022, then increased by 2.99% to 3.11 in 2023, then soared by 56.1% to 4.86 in 2024, then slipped by 21.26% to 3.83 in 2025, then decreased by 0.54% to 3.81 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 3.81 in Q2 2026, 3.49 in Q1 2026, and 3.83 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.28 Bn | 79.21 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 58.77 Bn | 43.04 Bn | 1.58 Bn | - |
| 3 | Halliburton | 30.13 Bn | 28.08 Bn | 2.10 Bn | - |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | - |
| 5 | Kodiak Gas Services | 6.06 Bn | 5.92 Bn | 246.76 Mn | - |
| 6 | Tidewater | 4.55 Bn | 3.93 Bn | 161.54 Mn | 3.81 |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 2.04 |
| 8 | Liberty Energy | 3.41 Bn | 2.85 Bn | 208.34 Mn | 3.79 |
| 9 | National Energy Services Reunited | 3.40 Bn | 3.22 Bn | 81.29 Mn | 9.21 |
| 10 | Select Water Solutions | 2.79 Bn | 2.75 Bn | 76.84 Mn | 6.84 |
Historic Data
Download Data
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 |