Tidewater Inc.
Tidewater Inc. (TDW-WT) Financial Performance & Income Statement Overview
Explore the financials of Tidewater Inc. (TDW-WT), including yearly and quarterly data on income, cash flow, and balance sheets.
Tidewater Inc. (TDW-WT) Income Statement & Financial Overview
Analyze Tidewater Inc.’s TDW-WT earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $345.08M | $340.36M | $339.23M | $321.16M |
| Cost of Revenue | $235.69M | $179.56M | $236.77M | $224.98M |
| Gross Profit | $109.39M | $160.80M | $102.46M | $96.19M |
| Gross Profit Ratio | $0.32 | $0.47 | $0.30 | $0.30 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $30.69M | $28.47M | $26.33M | $25.33M |
| Operating Expenses | $28.02M | $90.86M | $26.33M | $25.33M |
| Total Costs & Expenses | $263.71M | $270.41M | $263.10M | $250.31M |
| Interest Income | $2.70M | $1.03M | $1.18M | $1.48M |
| Interest Expense | $16.74M | $17.62M | $19.13M | $19.48M |
| Depreciation & Amortization | $38.74M | $39.24M | $59.45M | $56.27M |
| EBITDA | $108.47M | $115.73M | $136.38M | $135.56M |
| EBITDA Ratio | $0.31 | $0.34 | $0.40 | $0.40 |
| Operating Income | $81.38M | $69.95M | $76.13M | $70.86M |
| Operating Income Ratio | $0.24 | $0.21 | $0.22 | $0.22 |
| Other Income/Expenses (Net) | -$28.38M | -$11.07M | -$18.32M | -$22.08M |
| Income Before Tax | $52.99M | $58.87M | $57.80M | $59.81M |
| Income Before Tax Ratio | $0.15 | $0.17 | $0.17 | $0.19 |
| Income Tax Expense | $16.38M | $12.88M | $7.89M | $13.07M |
| Net Income | $36.91M | $46.37M | $50.35M | $47.03M |
| Net Income Ratio | $0.11 | $0.14 | $0.15 | $0.15 |
| EPS | -$2.74 | $0.88 | $0.96 | $0.90 |
| Diluted EPS | -$2.72 | $0.87 | $0.94 | $0.89 |
| Weighted Avg Shares Outstanding | $52.45M | $52.49M | $52.68M | $52.32M |
| Weighted Avg Shares Outstanding (Diluted) | $52.83M | $53.08M | $53.35M | $52.90M |
The company's financials show resilient growth, with revenue advancing from $321.16M in Q1 2024 to $345.08M in Q4 2024. Gross profit remained healthy with margins at 32% in Q4 2024 compared to 30% in Q1 2024. Operating income hit $81.38M last quarter, sustaining a consistent 24% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $108.47M. Net income dropped to $36.91M, while earnings per share reached -$2.74. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan