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Tidewater TDW Variable Lease Cost

Variable Lease Cost at other companies

ALH
Alliance Laundry Holdings Inc.ALH
$363.5K-17.0%
BankUnited logo
BankUnitedBKU
$868.5K-6.9%
LKQ logo
LKQLKQ
$32.75M0.0%
KEE
Keel Infrastructure Corp. Common StockKEEL
$1.05M+43.7%
Tidewater logo
TidewaterTDW
$111.25K+16.8%
NovaGold Resources logo
NovaGold ResourcesNG
$26K-23.0%

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:VariableLeaseCost.

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 variable lease cost?
Tidewater (TDW) reported variable lease cost of $111.25K in Q4 2025.
How has Tidewater's variable lease cost changed year-over-year?
Tidewater's variable lease cost increased by 16.8% year-over-year, from $95.25K to $111.25K.
What is the long-term trend for Tidewater's variable lease cost?
Over 2 years (2023 to 2025), Tidewater's variable lease cost has grown at a -17.1% compound annual growth rate (CAGR), from $648K to $445K.
What does variable lease cost mean?
This represents lease payments that are not fixed in nature but depend on an index, rate, or specific performance metric. Monitoring this helps investors understand the company's exposure to market-based fluctuations in lease obligations.