Tidewater (TDW) Tax Rate (2009 - 2026)
Tidewater's Tax Rate was 54.31% in Q2 2026, up 47.18 percentage points from 7.13% a year earlier but down 31.07 percentage points from the prior quarter.
Tidewater (TDW) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tidewater's Tax Rate was -52.90% through Jun 30, 2026, down 76.47 percentage points year-over-year; for FY2025, it was -51.40%, down 73.28 percentage points from FY2024.
- Tax Rate shows a five-year change of -51.89 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 21.88% in FY2024 (-9.29 pp), 31.17% in FY2023 (+893.16 pp), -861.99% in FY2022 (-857.24 pp) and -4.75% in FY2021 (-5.23 pp).
- Quarterly Tax Rate has moved between -315.33% (Q4 2025) and 104.92% (Q3 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -19.41 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2023 (a gain of 126.52 percentage points); the worst was Q4 2025 (a drop of 346.23 percentage points).
- Per Business Quant data, TDW's Tax Rate in the three quarters before Q2 2026 was 85.38% (Q1 2026), -315.33% (Q4 2025) and 104.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 41.69% |
| 10 | Tidewater | 4.04 Bn | 1.86 Bn | 161.54 Mn | 54.31% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.31% |
| Mar 31, 2026 | 85.38% |
| Sep 30, 2025 | 104.92% |
| Jun 30, 2025 | 7.13% |
| Mar 31, 2025 | 38.15% |
| Dec 31, 2024 | 30.90% |
| Sep 30, 2024 | 21.88% |
| Jun 30, 2024 | 13.64% |
| Mar 31, 2024 | 21.85% |
| Dec 31, 2023 | 22.43% |
| Sep 30, 2023 | 26.60% |
| Jun 30, 2023 | 33.98% |
| Mar 31, 2023 | 52.53% |
| Dec 31, 2022 | 14.29% |
| Sep 30, 2022 | 56.40% |
| Mar 31, 2015 | 158.34% |
| Sep 30, 2014 | 25.73% |
| Jun 30, 2014 | 23.99% |
| Mar 31, 2014 | 15.27% |
| Sep 30, 2013 | 22.43% |
Tidewater Tax Rate 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=tax-rate&ticker=TDW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();