Tidewater Inc (TDW)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	161,243	133,473	97,185	70,141	49,322	1,157	-21,749	-70,303	-101,941	-105,822	-128,969	-120,282	-131,951	-213,112	-196,242	-226,848	-233,121	-138,457	-141,743	-172,399
Total stockholders’ equity	US$ in thousands	1,081,250	1,056,980	1,039,240	1,032,730	893,083	873,313	865,968	846,639	840,717	689,379	701,303	734,001	758,978	787,766	822,115	852,240	888,509	997,364	1,014,800	1,075,430
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%

June 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $161,243K ÷ $1,081,250K
= 14.91%

Tidewater Inc's return on equity (ROE) has shown a fluctuating trend over the periods provided. ROE measures a company's profitability by showing how much profit it generates with the shareholders' equity.

From December 2019 to March 2020, Tidewater Inc experienced a decline in ROE, hitting a low of -26.62%. However, there was a slight improvement in ROE in the subsequent quarters. The company's ROE saw a positive uptrend from December 2020 to March 2024, reaching a peak of 14.91% in June 2024.

Overall, Tidewater Inc managed to significantly improve its ROE from negative figures in 2019 and 2020 to positive figures in the more recent quarters. This indicates that the company has been more efficient in utilizing shareholder equity to generate profits.