Tidewater Inc (TDW)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 19.58% | 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% |
| Operating profit margin | 22.96% | 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% |
| Pretax margin | 17.71% | 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% |
| Net profit margin | 14.22% | 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% |
Tidewater Inc's profitability ratios have shown a mixed performance over the historical periods analyzed. The gross profit margin has generally improved from negative figures in 2021 to positive figures in 2024, indicating better control over the cost of goods sold. The operating profit margin has also exhibited a positive trend, showing a consistent increase, reflecting efficient operational management.
The pretax margin has shown volatility, with fluctuations in profitability before accounting for taxes. The net profit margin, representing the company's bottom line profitability, has also demonstrated a mixed trend, with periods of losses and gains, indicating potential challenges in controlling expenses and generating consistent profits.
Overall, Tidewater Inc's profitability ratios suggest improvements in operational efficiency and cost control, although there are still areas that require further attention to sustain and enhance profitability levels in the future.
Return on investment
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.32% | 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% |
| Return on assets (ROA) | 8.86% | 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% |
| Return on total capital | 17.10% | 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% |
| Return on equity (ROE) | 16.25% | 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% |
Tidewater Inc's profitability ratios show a mixed performance over the past few quarters.
- Operating return on assets (Operating ROA) has been steadily increasing from -8.42% in March 2021 to 14.32% in September 2024, indicating that the company's operating income generated from its assets has been improving.
- Return on assets (ROA) has also shown an upward trend, albeit with fluctuations, reaching 8.86% in September 2024. This ratio measures the overall profitability of the company in generating earnings from its assets.
- Return on total capital has followed a similar pattern, with an increase to 17.10% in September 2024. This ratio reflects the efficiency of the company in generating returns from both debt and equity capital invested in the business.
- Return on equity (ROE) has seen improvements, rising to 16.25% in September 2024. This ratio signifies how well the company is utilizing shareholders' equity to generate profits.
Overall, Tidewater Inc has managed to enhance its profitability ratios over the given period, indicating improved operational efficiency and profitability. These positive trends suggest that the company may be effectively managing its assets and capital to generate returns for its investors.