Tidewater Inc (TDW)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	97,185	-21,749	-128,969	-196,242	-141,743
Revenue	US$ in thousands	968,844	627,918	341,080	375,228	486,549
Net profit margin		10.03%	-3.46%	-37.81%	-52.30%	-29.13%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $97,185K ÷ $968,844K
= 10.03%

Based on the data provided, Tidewater Inc's net profit margin has shown a significant improvement over the last five years. The net profit margin was negative in 2020 and 2019, indicating that the company was incurring losses during those years. However, there has been a consistent positive trend in the net profit margin since then, with 2023 showing the highest net profit margin at 10.03%.

This improvement in net profit margin suggests that Tidewater Inc has been able to effectively manage its costs and increase its profitability over the years. A positive net profit margin indicates that the company is generating more profit from its operations for each dollar of revenue earned, which is a positive sign for investors and stakeholders.

Overall, the positive trend in Tidewater Inc's net profit margin reflects potential growth and financial stability for the company. It indicates that the company's profitability has been on an upward trajectory, which is a key indicator of financial health and operational efficiency.