Tidewater Inc (TDW)

Net profit margin

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	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	-141,743
Revenue (ttm)	US$ in thousands	1,276,199	1,228,246	1,101,938	971,068	881,665	771,718	719,441	628,700	536,653	440,428	369,602	342,682	328,155	322,185	334,670	376,625	428,080	462,011	485,942	486,549
Net profit margin		14.22%	13.13%	12.11%	10.01%	7.96%	6.39%	0.16%	-3.46%	-13.10%	-23.15%	-28.63%	-37.64%	-36.65%	-40.96%	-63.68%	-52.11%	-52.99%	-50.46%	-28.49%	-29.13%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $181,415K ÷ $1,276,199K
= 14.22%

The net profit margin of Tidewater Inc has shown a fluctuating trend over the past few years. From December 2019 to September 2024, the net profit margin has ranged from a low of -63.68% to a high of 14.22%.

There has been a clear improvement in the net profit margin from negative figures in 2021 to positive figures in 2024. This indicates that Tidewater Inc has been able to better control its expenses and increase its profitability over this period.

The increasing trend in the net profit margin is a positive sign for the company's financial health and efficiency in generating profits from its operations. However, it is important for Tidewater Inc to continue monitoring and improving its profitability to sustain long-term growth and success.