Tidewater Inc (TDW)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 311,348 | 174,604 | 26,708 | -95,016 | -186,802 |
| Revenue | US$ in thousands | 1,345,840 | 1,009,980 | 647,684 | 371,033 | 397,038 |
| Operating profit margin | 23.13% | 17.29% | 4.12% | -25.61% | -47.05% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $311,348K ÷ $1,345,840K
= 23.13%
Based on the provided data, Tidewater Inc's operating profit margin has exhibited significant fluctuations over the years. The company experienced negative margins in both 2020 and 2021, with -47.05% and -25.61% respectively, indicating that operating expenses exceeded revenue during these periods.
However, there appears to have been a notable turnaround in the company's performance, as reflected in the positive trend in the operating profit margin in subsequent years. In 2022, the margin improved to 4.12%, signaling a shift towards operational efficiency and better cost management.
The positive momentum continued in 2023, with the operating profit margin further increasing to 17.29%, indicating a substantial improvement in profitability and the company's ability to generate earnings from its core business operations.
By the end of 2024, Tidewater Inc's operating profit margin reached 23.13%, demonstrating a significant enhancement in operational performance and profitability compared to the earlier years. This upward trend is a positive indication of the company's success in controlling costs, increasing revenues, and maximizing profitability.
Peer comparison
Dec 31, 2024