Tidewater Inc (TDW)

Net profit margin

		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	Sep 30, 2019
Net income (ttm)	US$ in thousands	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	-172,399
Revenue (ttm)	US$ in thousands	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	478,007
Net profit margin		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%	-36.07%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $161,243K ÷ $1,228,246K
= 13.13%

The net profit margin of Tidewater Inc has fluctuated significantly over the past quarters. The trend in the net profit margin shows improvement from a low of -63.68% in March 2021 to a positive 13.13% in June 2024. This suggests a positive turnaround in the company's profitability, likely driven by cost-cutting measures, revenue growth, or better operational efficiency. However, it is important to note that the company experienced periods of negative net profit margins, indicating challenges in generating profits relative to its total revenue during those periods. Overall, the recent positive trend indicates improving profitability, but investors should continue to monitor the company's financial performance closely.