Tidewater Inc (TDW)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 180,656 | 181,415 | 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 |
Total stockholders’ equity | US$ in thousands | 1,114,110 | 1,116,480 | 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 |
ROE | 16.22% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $180,656K ÷ $1,114,110K
= 16.22%
Tidewater Inc's return on equity (ROE) has shown a significant improvement over the analyzed period. Starting from negative values in early 2020, the ROE gradually increased, turning positive in 2023 and continuing to rise through the end of 2024. This positive trend indicates that the company is generating more profits relative to its shareholders' equity, which is a positive sign for investors. The ROE reaching 16.22% by December 31, 2024, reflects the company's ability to effectively utilize its equity to generate profits and create value for its shareholders. This improvement may signify better operational efficiency, increased profitability, or more effective capital allocation strategies by Tidewater Inc. Tracking the ROE over time provides valuable insights into the company's financial performance and overall profitability.
Peer comparison
Dec 31, 2024