Tidewater Inc (TDW)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 180,656 | 181,415 | 161,243 | 133,473 | 97,185 | 70,141 | 49,322 | 1,157 | -21,749 | -70,303 | -101,941 | -105,822 | -128,969 | -120,282 | -131,951 | -213,112 | -196,242 | -226,848 | -233,121 | -138,457 |
| Revenue (ttm) | US$ in thousands | 1,345,835 | 1,303,408 | 1,262,314 | 1,138,045 | 1,009,985 | 894,073 | 786,573 | 735,059 | 647,684 | 566,113 | 466,752 | 393,258 | 371,033 | 357,717 | 351,783 | 364,174 | 397,038 | 423,956 | 457,254 | 480,769 |
| Net profit margin | 13.42% | 13.92% | 12.77% | 11.73% | 9.62% | 7.85% | 6.27% | 0.16% | -3.36% | -12.42% | -21.84% | -26.91% | -34.76% | -33.62% | -37.51% | -58.52% | -49.43% | -53.51% | -50.98% | -28.80% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $180,656K ÷ $1,345,835K
= 13.42%
The net profit margin of Tidewater Inc showed a gradual improvement over the periods under review. Starting from negative figures in March 2020 and continuing through to December 2022, the company experienced losses, with the margin decreasing up until December 2022. However, from March 2023 onwards, the net profit margin turned positive and began to increase steadily, indicating a positive trend in profitability. By December 2024, the net profit margin had reached 13.42%, showing a significant improvement compared to the earlier periods of negative margins. This positive trend indicates that the company's profitability performance has strengthened over time.
Peer comparison
Dec 31, 2024