profit from every $100 of sales.
$0$100
Tidewater
$79.38+1.95% today
+38.1% in 1 year
1-year low $50.331-year high $100.61
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $11.78 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Tidewater sold, what it kept, and what it did with the cash.
Sales went from $648 million in 2022 to $1.35 billion in 2025, with $335 million of profit last year.
SalesProfit
Tidewater handed back 25% of the cash it generated last year.
Buybacks $90M
Free cash flow 2025$353M
Bought back its own shares$90M
Paid as dividends–
Cash vs. debt$579M vs. $679M
Tidewater vs. similar companies
Tidewater grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Tidewater | 11.8× · Cheap | ||
 SLB | 22.6× · Fair price | ||
 Baker Hughes | 19.0× · Fair price | ||
 Tenaris | 16.0× · Fair price | ||
 Halliburton | 21.8× · Fair price |
AI analysis
An AI analyst reads Tidewater's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 397 | 371 | 648 | 1,010 | 1,346 | 1,353 | |
| -30 | – | 129 | 269 | 406 | 403 | |
| -187 | -95 | 29 | 175 | 296 | 277 | |
| -100 | -35 | 98 | 316 | 459 | 437 | |
| -196 | -129 | -22 | 97 | 181 | 335 | |
| -4.86 | -3.14 | -0.49 | 1.84 | 3.40 | 6.64 | |
| -7.5% | – | 19.9% | 26.6% | 30.2% | 29.8% | |
| -47.0% | -25.6% | 4.5% | 17.3% | 22.0% | 20.5% | |
| -49.4% | -34.8% | -3.4% | 9.6% | 13.4% | 24.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,251 | 1,096 | 1,298 | 2,063 | 2,075 | 2,387 |
| Cash | 150 | 149 | 164 | 274 | 325 | 579 |
| Total debt | – | – | 169 | 734 | 637 | 679 |
| Total liabilities | – | – | 432 | 1,025 | 964 | 1,026 |
| 822 | 701 | 866 | 1,039 | 1,114 | 1,365 | |
| 0 | 0 | 44 | 53 | 53 | 50 | |
| -16.7% | -12.2% | 1.1% | 8.3% | 13.6% | 11.1% | |
| -23.9% | -18.4% | -2.5% | 9.4% | 16.2% | 24.5% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 4 | 15 | 40 | 104 | 282 | 379 | |
| 15 | 9 | 17 | 32 | 28 | 26 | |
| -11 | 6 | 24 | 73 | 255 | 353 | |
| Dividends paid | – | – | – | – | – | – |
| – | 0 | 0 | 35 | 91 | 90 | |
| 5 | 6 | 7 | 11 | 14 | 14 |
Valuation
- 11.8×
- 20.2×
- –
- 2.7×
- 2.9×
- 11.2×
- 9.2×
- 9.0%
- 8.5%
- 0.0%
Profitability
- 29.8%
- 20.5%
- 24.7%
- 34.8%
- 13.0%
- 3.1%
- 23.8%
- 12.7%
- 13.0%
- –
Growth
- +27.8%
- –
- +43.5%
- −80.1%
- +5.1%
Financial health
- 0.2×
- 0.48
- 28.0%
- 4.0×
- 3.33
- 3.33
- 0.57
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 20%of 467
Top 35%of 466
Top 26%of 387
Top 10%of 461
Top 27%of 460
What analysts expect
- Average price target
- $117.00
- Range
- $117.00 – $117.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 0.12 | 0.75 | −84.0% |
| Mar 2, 2026 | 0.33 | 0.75 | −55.8% |
| Nov 10, 2025 | 0.53 | 0.46 | +15.2% |
| Aug 4, 2025 | 1.23 | 0.28 | +339.3% |
| May 5, 2025 | 0.83 | 0.49 | +69.4% |
| Feb 27, 2025 | 0.70 | 1.76 | −60.2% |
| Nov 8, 2024 | 0.87 | 1.09 | −20.2% |
| Aug 6, 2024 | 0.94 | 0.91 | +3.3% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
61Pass
Benjamin Graham
59No pass
Philip Fisher
61Pass
Peter Lynch
97Pass
Joel Greenblatt
46No pass
Charlie Munger
52No pass
Terry Smith
56No pass
Questions about Tidewater
Is Tidewater a good stock to buy?
A strong, very profitable business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tidewater AI analysis
What does Tidewater do?
Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. It is in Oil & Gas Equipment & Services, based in Houston, TX, United States, with 7,300 employees.
Does Tidewater pay a dividend?
No. Tidewater does not pay a dividend at the moment; in 2025 it returned $90.1 million to shareholders by buying back its own shares.
Is Tidewater stock halal?
Yes. Tidewater passes our halal screen: its business is permitted and its debt is 17% of its market value, under the 30% limit. How we check
How has Tidewater stock done over the past year?
Up 38.1% over the past twelve months, to $79.38. It traded between $50.33 and $100.61 and is 21.1% below its high.
Who are Tidewater's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Tenaris and Halliburton. The peers table on this page compares their profit, growth and price with Tidewater's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.