Tidewater (TDW) Operating Margin (2009 - 2026)
Tidewater's Operating Margin was 18.27% in Q2 2026, down 5.43 percentage points from 23.70% a year earlier but up 0.19 percentage points from the prior quarter.
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Analysis
Tidewater (TDW) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tidewater's Operating Margin was 18.43% through Jun 30, 2026, down 4.16 percentage points year-over-year; for FY2025, it was 20.89%, down 2.24 percentage points from FY2024.
- Operating Margin shows a five-year change of +67.94 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 23.13% in FY2024 (+5.09 pp), 18.04% in FY2023 (+13.92 pp), 4.12% in FY2022 (+29.73 pp) and -25.61% in FY2021 (+21.44 pp).
- Quarterly Operating Margin has moved between -25.66% (Q4 2021) and 25.50% (Q1 2024) over five years.
- Compared with a year earlier, Operating Margin has declined for four straight quarters, with an average year-over-year change of -1.78 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2022 (a gain of 33.28 percentage points); the worst was Q2 2026 (a drop of 5.43 percentage points).
- Per Business Quant data, TDW's Operating Margin in the three quarters before Q2 2026 was 18.08% (Q1 2026), 19.00% (Q4 2025) and 18.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.60 Bn | 76.05 Bn | 1.57 Bn | 12.05% |
| 2 | Baker Hughes | 54.70 Bn | 16.43 Bn | 1.96 Bn | 13.05% |
| 3 | Halliburton | 29.99 Bn | 21.89 Bn | 840.00 Mn | 10.94% |
| 4 | TechnipFMC | 26.75 Bn | 22.71 Bn | 728.70 Mn | 18.23% |
| 5 | Noble | 7.80 Bn | 5.87 Bn | 228.22 Mn | 8.24% |
| 6 | Transocean | 7.76 Bn | 5.46 Bn | 358.00 Mn | 15.73% |
| 7 | Valaris | 7.29 Bn | 4.91 Bn | 123.70 Mn | 9.48% |
| 8 | Nov | 6.85 Bn | 1.73 Bn | 439.00 Mn | 6.38% |
| 9 | Weatherford International | 6.49 Bn | 2.23 Bn | 374.00 Mn | 13.39% |
| 10 | Tidewater | 4.32 Bn | 2.15 Bn | 161.54 Mn | 18.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.27% |
| Mar 31, 2026 | 18.08% |
| Dec 31, 2025 | 19.00% |
| Sep 30, 2025 | 18.37% |
| Jun 30, 2025 | 23.70% |
| Mar 31, 2025 | 22.51% |
| Dec 31, 2024 | 23.58% |
| Sep 30, 2024 | 20.55% |
| Jun 30, 2024 | 23.03% |
| Mar 31, 2024 | 25.50% |
| Dec 31, 2023 | 20.85% |
| Sep 30, 2023 | 18.60% |
| Jun 30, 2023 | 18.12% |
| Mar 31, 2023 | 12.69% |
| Dec 31, 2022 | 7.02% |
| Sep 30, 2022 | 9.94% |
| Jun 30, 2022 | 1.13% |
| Mar 31, 2022 | -6.91% |
| Dec 31, 2021 | -25.66% |
| Sep 30, 2021 | -23.34% |
API Access
Tidewater Operating 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=operating-margin&ticker=TDW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();