Tidewater (TDW) Restructuring Costs (2011 - 2020)
Tidewater (TDW) recorded quarterly Restructuring Costs of $8.9 million in Q2 2020, down 11.27% on a QoQ basis from $10.0 million in Q1 2020, and down 27.09% YoY from $12.2 million in Q3 2019.
Analysis
Tidewater (TDW) Restructuring Costs (2011 - 2020) Analysis & Trends
Tidewater (TDW) has reported Restructuring Costs for 10 consecutive years, with $8.9 million the latest figure, recorded in Q2 2020.
- For the quarter ending Q2 2020, Restructuring Costs fell 27.09% year-over-year to $8.9 million; the trailing twelve-month figure through Jun 2020 stood at $49.5 million (down 11.1% YoY), and the FY2019 full-year result was $58.0 million, up 34.94% from the prior year.
- Restructuring Costs was $8.9 million for Q2 2020 at Tidewater, down from $10.0 million in the prior quarter.
- The five-year high for Restructuring Costs was $37.6 million in Q2 2017, with the low at $4.9 million in Q3 2017.
- Historically, Restructuring Costs has averaged $14.0 million across 5 years, with a median of $11.4 million in 2016.
- Annual changes were most pronounced in 2017 — Restructuring Costs jumped 234.71% — and 2018, when it tumbled 78.94%.
- Tracing TDW's Restructuring Costs over 5 years: stood at $13.7 million in 2016, then sank by 64.49% to $4.9 million in 2017, then jumped by 285.77% to $18.8 million in 2018, then sank by 38.76% to $11.5 million in 2019, then declined by 22.47% to $8.9 million in 2020.
- Per Business Quant data, the three most recent Restructuring Costs figures were $8.9 million in Q2 2020, $10.0 million in Q1 2020, and $11.5 million in Q4 2019.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 85.07 Bn | 81.00 Bn | 4.63 Bn |
| 2 | Baker Hughes | 63.03 Bn | 47.30 Bn | 1.58 Bn |
| 3 | Halliburton | 31.08 Bn | 29.03 Bn | 2.10 Bn |
| 4 | Weatherford International | 6.68 Bn | 5.54 Bn | 662.00 Mn |
| 5 | Kodiak Gas Services | 6.11 Bn | 5.98 Bn | 246.76 Mn |
| 6 | Tidewater | 4.62 Bn | 4.01 Bn | 161.54 Mn |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn |
| 8 | Liberty Energy | 3.59 Bn | 3.04 Bn | 208.34 Mn |
| 9 | National Energy Services Reunited | 3.50 Bn | 3.31 Bn | 81.29 Mn |
| 10 | Select Water Solutions | 2.78 Bn | 2.74 Bn | 76.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 8.91 Mn |
| Mar 31, 2020 | 10.04 Mn |
| Dec 31, 2019 | 11.49 Mn |
| Sep 30, 2019 | 19.07 Mn |
| Jun 30, 2019 | 12.22 Mn |
| Mar 31, 2019 | 15.20 Mn |
| Dec 31, 2018 | 18.76 Mn |
| Sep 30, 2018 | 9.51 Mn |
| Jun 30, 2018 | 7.91 Mn |
| Sep 30, 2017 | 4.86 Mn |
| Jun 30, 2017 | 37.56 Mn |
| Mar 31, 2017 | 22.32 Mn |
| Dec 31, 2016 | 13.70 Mn |
| Sep 30, 2016 | 10.60 Mn |
| Jun 30, 2016 | 11.22 Mn |
| Mar 31, 2016 | 10.37 Mn |
| Dec 31, 2015 | 8.78 Mn |
| Sep 30, 2015 | 7.60 Mn |
| Jun 30, 2015 | 11.51 Mn |
| Mar 31, 2015 | 4.10 Mn |