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.