Tidewater Inc (TDW)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 278,794 | 239,614 | 182,215 | 132,238 | 95,624 | 58,517 | 26,708 | -13,402 | -54,026 | -76,025 | -95,016 | -93,372 | -96,984 | -194,570 | -186,802 | -211,493 | -208,868 | -95,517 | -86,604 | -106,642 |
| 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 |
| Operating profit margin | 22.70% | 21.74% | 18.76% | 15.00% | 12.39% | 8.13% | 4.25% | -2.50% | -12.27% | -20.57% | -27.73% | -28.45% | -30.10% | -58.14% | -49.60% | -49.41% | -45.21% | -19.66% | -17.80% | -22.31% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $278,794K ÷ $1,228,246K
= 22.70%
The operating profit margin of Tidewater Inc has shown a fluctuating trend over the last several quarters, reflecting the company's operational efficiency and profitability.
From the most recent data available, the operating profit margin has increased to 22.70% in Jun 30, 2024, up from 21.74% in the previous quarter. This improvement indicates that the company's ability to generate profit from its core operations has strengthened.
Looking back over the past year, the operating profit margin has steadily improved from negative figures in the quarters ending in Sep 30, 2022, and Jun 30, 2022, to positive figures in more recent quarters. This turnaround suggests that Tidewater Inc has made efforts to enhance its operational performance and increase profitability.
Despite some variability in the data, the overall trend indicates a positive trajectory in the company's operating profit margin, highlighting potential improvements in cost management, revenue generation, and overall business efficiency. However, further analysis and monitoring of the trend are recommended to assess the sustainability of this positive performance.
Peer comparison
Jun 30, 2024