Tidewater (TDW) Net Margin (2009 - 2026)
Tidewater (TDW) recorded quarterly Net Margin of 6.16% in Q2 2026, up 236.22% on a QoQ basis from 1.83% in Q1 2026, and down 1513.0% YoY from 0.44% in Q2 2025.
Analysis
Tidewater (TDW) Net Margin (2009 - 2026) Analysis & Trends
Tidewater (TDW) has reported Net Margin for 18 consecutive years, with 6.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 1513.0% year-over-year to 6.16%; the trailing twelve-month figure through Jun 2026 stood at 25.11% (up 839.0% YoY), and the FY2025 full-year result was 2.3%, up 1756.0% from the prior year.
- Net Margin was 6.16% for Q2 2026 at Tidewater, up from 1.83% in the prior quarter.
- The five-year high for Net Margin was 92.64% in Q4 2025, with the low at 16.72% in Q4 2022.
- Historically, Net Margin has averaged 11.31% across 5 years, with a median of 9.37% in 2023.
- Annual changes were most pronounced in 2025 — Net Margin jumped 7341 bps — and 2026, when it plunged 1513 bps.
- Tracing TDW's Net Margin over 5 years: stood at 16.72% in 2022, then jumped by 243 bps to 23.96% in 2023, then slipped by 20 bps to 19.22% in 2024, then jumped by 382 bps to 92.64% in 2025, then plunged by 93 bps to 6.16% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 6.16% in Q2 2026, 1.83% in Q1 2026, and 92.64% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 10.12% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 9.42% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 3.80% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | 13.33% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 6.16% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 13.34% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 8.45% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | 3.62% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.16% |
| Mar 31, 2026 | 1.83% |
| Dec 31, 2025 | 92.64% |
| Sep 30, 2025 | -0.30% |
| Jun 30, 2025 | 21.29% |
| Mar 31, 2025 | 12.69% |
| Dec 31, 2024 | 19.22% |
| Sep 30, 2024 | 13.51% |
| Jun 30, 2024 | 14.71% |
| Mar 31, 2024 | 14.55% |
| Dec 31, 2023 | 23.96% |
| Sep 30, 2023 | 8.54% |
| Jun 30, 2023 | 10.20% |
| Mar 31, 2023 | 5.60% |
| Dec 31, 2022 | -16.72% |
| Sep 30, 2022 | 2.56% |
| Jun 30, 2022 | -15.30% |
| Mar 31, 2022 | -11.61% |
| Dec 31, 2021 | -5.90% |
| Sep 30, 2021 | -28.58% |