Tidewater Inc (TDW)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 18.51% | 16.94% | 13.93% | 12.24% | 9.07% | 4.86% | 0.29% | -7.61% | -17.71% | -26.71% | -31.75% | 7.49% | 6.32% | 12.45% | 14.57% | -8.55% | -1.90% | -0.21% | 1.42% | 2.26% |
| 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% |
| Pretax margin | 16.47% | 16.14% | 14.47% | 11.84% | 10.45% | 3.86% | -0.30% | -10.28% | -20.95% | -26.17% | -35.92% | -35.30% | -38.00% | -61.82% | -52.36% | -51.87% | -47.45% | -25.05% | -23.43% | -28.89% |
| 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% |
Tidewater Inc's profitability ratios have shown significant fluctuations over the past few quarters. The gross profit margin has improved steadily, starting at a low of -31.75% in March 2022 and gradually increasing to 18.51% by June 2024. This indicates the company's ability to efficiently manage its production costs and generate revenue.
Similarly, the operating profit margin has exhibited a positive trend, albeit with fluctuations, reaching 22.70% by June 2024 from a low of -58.14% in March 2021. This suggests that Tidewater Inc has become more effective in controlling its operating expenses and improving its operational efficiency.
The pretax margin has also shown improvement over the quarters, with a positive trajectory, increasing to 16.47% by June 2024. This indicates the company's ability to manage its costs and generate profits before accounting for taxes.
Despite these positive trends, the net profit margin has been more volatile, fluctuating over the quarters and reaching 13.13% by June 2024. This suggests that Tidewater Inc's bottom line profitability has been impacted by various factors such as taxes, interest expenses, and non-operating items.
Overall, Tidewater Inc's profitability ratios have shown signs of improvement in recent quarters, reflecting better cost management and operational efficiency. However, continued monitoring and analysis of these ratios will be essential to assess the company's ongoing financial performance and sustainability.
Return on investment
| 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 return on assets (Operating ROA) | 13.34% | 11.53% | 8.83% | 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% | -5.48% | -6.08% |
| Return on assets (ROA) | 7.72% | 6.42% | 4.71% | 3.39% | 3.67% | 0.09% | -1.68% | -5.48% | -7.95% | -10.04% | -11.77% | -10.71% | -11.46% | -17.92% | -15.68% | -16.79% | -16.47% | -8.91% | -8.97% | -9.83% |
| Return on total capital | 16.50% | 14.29% | 10.91% | 7.90% | 8.91% | 5.61% | 2.58% | -1.32% | -5.35% | -8.87% | -10.93% | -12.48% | -10.69% | -20.79% | -18.93% | -19.25% | -17.98% | -7.52% | -6.69% | -7.13% |
| Return on equity (ROE) | 14.91% | 12.63% | 9.35% | 6.79% | 5.52% | 0.13% | -2.51% | -8.30% | -12.13% | -15.35% | -18.39% | -16.39% | -17.39% | -27.05% | -23.87% | -26.62% | -26.24% | -13.88% | -13.97% | -16.03% |
Tidewater Inc's profitability ratios have shown fluctuations over the past few quarters. The operating return on assets (Operating ROA) has been improving steadily from -16.37% in March 2021 to 13.34% in June 2024, indicating the company's ability to generate profits from its operational assets. The return on assets (ROA) also followed a similar trend, increasing from -17.92% in March 2021 to 7.72% in June 2024, showing positive growth in the company's overall asset utilization efficiency.
The return on total capital and return on equity (ROE) metrics have shown similar improvements, indicating effective use of both debt and equity financing to generate profits. The return on total capital increased from -20.79% in March 2021 to 16.50% in June 2024, while ROE improved from -27.05% to 14.91% during the same period.
Overall, Tidewater's profitability ratios have demonstrated positive momentum, reflecting operational efficiency and effective use of capital to generate returns for its investors.