Tidewater Inc (TDW)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	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	-141,743
Total stockholders’ equity	US$ in thousands	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	1,014,800
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%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $181,415K ÷ $1,116,480K
= 16.25%

Tidewater Inc's return on equity (ROE) has shown a positive trend over the past five quarters. The ROE has improved from -27.05% in March 2021 to 16.25% in September 2024, reflecting a consistent upward trajectory. This indicates that the company has become more efficient in generating profits from shareholders' equity.

The increasing ROE suggests that Tidewater Inc is effectively utilizing its equity to generate profits for its shareholders. It could be attributed to various factors such as cost-cutting measures, improved operational efficiency, better revenue generation, or effective capital allocation.

Overall, the improving ROE trend is a positive signal for Tidewater Inc's financial performance and could indicate a strengthening financial position and profitability prospects for the company.