Tidewater Inc (TDW)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 180,656 | 97,185 | -21,749 | -128,969 | -196,242 |
| Revenue | US$ in thousands | 1,345,840 | 1,009,980 | 647,684 | 371,033 | 397,038 |
| Net profit margin | 13.42% | 9.62% | -3.36% | -34.76% | -49.43% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $180,656K ÷ $1,345,840K
= 13.42%
Based on the provided data, Tidewater Inc's net profit margin has shown improvement over the years. The company experienced a significant decline in its net profit margin from -49.43% as of December 31, 2020, to -34.76% as of December 31, 2021. However, Tidewater Inc managed to turn around its performance, with a notable improvement in net profit margin to -3.36% by December 31, 2022.
The trend continued positively as the net profit margin further increased to 9.62% as of December 31, 2023, suggesting improved profitability for the company. By December 31, 2024, Tidewater Inc achieved a net profit margin of 13.42%, reflecting a substantial rise and indicating enhanced efficiency in generating profits relative to its revenues.
Overall, the progression in Tidewater Inc's net profit margin from negative values to positive figures indicates a positive trend in the company's profitability and financial performance over the years.
Peer comparison
Dec 31, 2024