Tidewater Inc
Tidewater Inc (TDW) is listed on NYSE and classified in Oil & Gas Equipment & Services, part of the Energy sector. It is headquartered in Houston, United States and has 7,300 employees. The company is worth $3.96B and trades at 16.2x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $1.35B in fiscal 2025, up 0.5% from the year before. Net income was $334.66M. The share price is 21.6% below its 52-week high of $101.58. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Baillie Gifford (Baillie Gifford & Co), at $111.32M. In that quarter, 3 of them opened or added to the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +662.2% over 5Y.
today you would have $6,554.00▲ +555.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $50.51 | $54.71 | $72.11 | $36.85 | $10.71 | $8.64 | $19.28 | $19.13 | $24.40 | $110.00 | $224.52 | $1,045.48 | $1,911.94 | $1,441.29 | $1,590.32 | $1,736.77 | $1,546.77 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 16.1 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| TRMDTORM plc | $38.53 | 6.3x | 1.5x | 11.47% | 26.84% | $3.96B |
| PARRPar Pacific Holdings Inc | $80.18 | 4.7x | 2.0x | 0.00% | 53.49% | $4.02B |
| TGSGas Transporter of the South Inc | $25.94 | 9.7x | 1.5x | 3.66% | 15.98% | $3.91B |
| DHTDHT Holdings, Inc. | $24.12 |
| 16.1x |
| 7.6x |
| 16.1x |
| 39.2x |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| — |
| 11.5x |
| 19.6x |
| 26.3x |
| 24.0x |
| 10.7x |
| 6.1x |
| P/S | 1.8x | 1.9x | 2.1x | 3.7x | 2.9x | 1.2x | 0.9x | 1.6x | 1.7x | 0.1x | 0.2x | 0.2x | 1.1x | 2.4x | 2.1x | 2.4x | 2.4x | 1.8x |
| P/B | 0.9x | 1.8x | 2.5x | 3.6x | 2.2x | 0.6x | 0.4x | 0.8x | 0.6x | 0.0x | 0.1x | 0.1x | 0.6x | 1.1x | 0.9x | 1.0x | 1.1x | 1.1x |
| EPS | $6.64 | $3.40 | $1.84 | -$0.49 | -$3.14 | -$4.86 | -$3.71 | -$6.45 | -$452.26 | -$110.00 | -$43.23 | $90.97 | $97.74 | $54.84 | $66.13 | $161.94 | $254.52 |
| Dividend yield | 2.03% | — | — | — | — | — | 0.12% | — | — | 0.04% | — | 14.37% | 3.09% | 1.69% | 2.24% | 2.03% | 1.86% | 2.09% |
| Payout | 34.23% | — | — | — | — | — | — | — | — | — | — | — | 35.46% | 33.00% | 58.82% | 48.78% | 19.92% | 12.67% |
| Profit margin | 8.19% | 24.74% | 13.42% | 9.62% | -3.36% | -34.76% | -49.43% | -29.13% | -42.19% | -109.73% | -16.36% | -4.36% | 9.77% | 12.12% | 8.19% | 10.01% | 22.20% | 29.26% |
| ROE | 3.46% | 24.51% | 16.22% | 9.35% | -2.51% | -18.39% | -23.87% | -13.97% | -14.99% | -40.38% | -6.97% | -2.63% | 5.23% | 5.88% | 3.46% | 4.20% | 10.53% | 18.13% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+65.0% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 8.2x |
| 2.9x |
| 9.41% |
| 39.17% |
| $3.89B |
| CRKComstock Resources Inc | $13.97 | 7.7x | 1.6x | 0.00% | 19.02% | $4.1B |
| STNGScorpio Tankers Inc. | $82.44 | 5.1x | 1.0x | 2.18% | 24.62% | $4.13B |