Tidewater Inc (TDW)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 30.20% | 26.61% | 19.93% | -2.04% | 2.05% |
| Operating profit margin | 23.13% | 17.29% | 4.12% | -25.61% | -47.05% |
| Pretax margin | 17.05% | 13.76% | -0.36% | -33.36% | -49.78% |
| Net profit margin | 13.42% | 9.62% | -3.36% | -34.76% | -49.43% |
Tidewater Inc's profitability ratios have shown significant improvement over the past few years. The gross profit margin, which indicates the company's ability to generate profit from its core business activities, has increased steadily from 2.05% in 2020 to 30.20% in 2024.
The operating profit margin, a key indicator of operational efficiency, has also shown positive growth trends, moving from a negative figure of -47.05% in 2020 to 23.13% in 2024. This suggests that the company has been able to better control its operating expenses and improve overall profitability.
The pretax margin, reflecting the company's profitability before accounting for taxes, has shown a remarkable turnaround from -49.78% in 2020 to 17.05% in 2024. This indicates that Tidewater Inc has managed to enhance its income levels and efficiency in generating profits.
Moreover, the net profit margin, which reveals the amount of profit earned after all expenses, has also experienced a positive trajectory, improving from -49.43% in 2020 to 13.42% in 2024. This signifies that the company has been successful in managing costs and increasing bottom-line profitability.
Overall, Tidewater Inc's profitability ratios demonstrate a substantial enhancement in financial performance, showcasing improved operational efficiency and profitability levels over the years.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.01% | 8.46% | 2.06% | -8.67% | -14.93% |
| Return on assets (ROA) | 8.71% | 4.71% | -1.68% | -11.77% | -15.68% |
| Return on total capital | 27.15% | 13.07% | 1.72% | -15.43% | -21.10% |
| Return on equity (ROE) | 16.22% | 9.35% | -2.51% | -18.39% | -23.87% |
Based on the provided data, Tidewater Inc's profitability ratios have shown improvement over the past years:
1. Operating Return on Assets (Operating ROA):
- The company's Operating ROA has shown a positive trend, increasing from 2.06% in 2022 to 15.01% in 2024. This indicates that Tidewater Inc has been able to generate more operating income relative to its total assets in recent years.
2. Return on Assets (ROA):
- The ROA also reflects an improving trend, with the ratio rising from -1.68% in 2022 to 8.71% in 2024. This suggests that the company has been more effective in generating profits from its assets.
3. Return on Total Capital:
- Tidewater Inc's Return on Total Capital has exhibited significant growth, increasing from 1.72% in 2022 to 27.15% in 2024. This indicates that the company has been efficient in generating returns for both equity and debt holders.
4. Return on Equity (ROE):
- The ROE has also shown improvement, rising from -2.51% in 2022 to 16.22% in 2024. This signifies that Tidewater Inc has enhanced its ability to generate profits for its shareholders.
Overall, the profitability ratios of Tidewater Inc have been on an upward trajectory, indicating improving operational efficiency and financial performance over the years.