Tidewater Inc (TDW)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 298,309 | 275,499 | 261,227 | 224,047 | 177,687 | 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 |
| Total assets | US$ in thousands | 2,074,900 | 2,047,130 | 2,089,750 | 2,077,820 | 2,062,770 | 2,071,560 | 1,344,160 | 1,327,150 | 1,297,660 | 1,283,060 | 1,282,740 | 1,054,130 | 1,095,780 | 1,123,070 | 1,151,730 | 1,188,930 | 1,251,180 | 1,350,770 | 1,415,680 | 1,553,120 |
| Operating ROA | 14.38% | 13.46% | 12.50% | 10.78% | 8.61% | 6.38% | 7.11% | 4.41% | 2.06% | -1.04% | -4.21% | -7.21% | -8.67% | -8.31% | -8.42% | -16.37% | -14.93% | -15.66% | -14.75% | -6.15% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $298,309K ÷ $2,074,900K
= 14.38%
The operating return on assets (operating ROA) for Tidewater Inc has shown a fluctuating trend over the observed periods. The ratio started at a negative level in March 2020, gradually worsening by June 2020. However, over the following quarters, there was a consistent improvement in operating ROA, turning positive by December 2022.
The positive trend continued into the following periods, reaching its highest point of 14.38% by December 2024. This indicates that the company's operational efficiency and profitability in generating earnings from its assets improved significantly over the analyzed timeframe.
Overall, the trend in Tidewater Inc's operating ROA reflects a positive turnaround from negative figures to a steadily increasing and healthier level, suggesting improved asset utilization and operational performance.
Peer comparison
Dec 31, 2024