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Tidewater TDW Amortization of above and below Market Leases

Amortization of above and below Market Leases at other companies

Stag Industrial logo
Stag IndustrialSTAG
-$509K+12.8%
Healthpeak Properties logo
Healthpeak PropertiesDOC
-$6.6M+35.4%
Urban Edge Properties logo
Urban Edge PropertiesUE
-$2.64M+1.7%
Tidewater logo
TidewaterTDW
-$300K+76.0%
Phillips Edison & Company logo
Phillips Edison & CompanyPECO
-$2.45M-26.1%
Claros Mortgage Trust logo
Claros Mortgage TrustCMTG
$258K-27.1%

Other financials

Income statement

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Revenue$326.2M-2.2%
Operating income$70.6M-9.2%
Net income$6.0M-92.9%
EPS (diluted)$1.66+95.3%

Balance sheet

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Cash & equivalents$552.3M+61.6%
Total debt$654.4M+2.9%
Total equity$1.4B+22.9%
Total assets$2.3B+13.3%

Cash flow

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Operating cash flow$19.2M-76.1%
CapEx$14.9M+45.0%
Free cash flow$4.3M-93.9%

Valuation

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Market cap$3.3B+90.4%

Profitability

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Operating margin20.9%-2.2pp
Net margin19.1%+3.0pp
FCF margin21.4%+0.7pp

Returns & leverage

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Return on equity20.7%+0.5pp
Debt / equity0.5×-0.1×
Current ratio3.3×+1.3×

Where this comes from

Reported directly by Tidewater in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfAboveAndBelowMarketLeases.

The official record: Tidewater’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tidewater's amortization of above and below market leases?
Tidewater (TDW) reported amortization of above and below market leases of -$300K in Q4 2025.
How has Tidewater's amortization of above and below market leases changed year-over-year?
Tidewater's amortization of above and below market leases increased by 76.0% year-over-year, from -$1.25M to -$300K.
What is the long-term trend for Tidewater's amortization of above and below market leases?
Over 2 years (2023 to 2025), Tidewater's amortization of above and below market leases has grown at a -43.8% compound annual growth rate (CAGR), from -$3.8M to -$1.2M.
What does amortization of above and below market leases mean?
The periodic adjustment to lease expense reflecting the amortization of the fair value difference between contract lease rates and market rates at the time of acquisition. This ensures lease expenses align with current market conditions over the remaining lease term.