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Tidewater TDW Return on invested capital

Return on invested capital at other companies

Transocean logo
TransoceanRIG
-14.7%
International Seaways, Inc. logo
International Seaways, Inc.INSW
22.9%+7.7pp
Valaris logo
ValarisVAL
10.7%-6.0pp
Noble Corporation logo
Noble CorporationNE
7.4%-3.3pp
Oceaneering International logo
Oceaneering InternationalOII
22.5%-1.1pp
Helmerich & Payne logo
Helmerich & PayneHP
-5.5%-10.8pp

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$3.22B+90.4%
Enterprise value$3.32B+71.8%
P/E12.5×+4.8×
P/S2.4×+1.1×

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

Calculated from Tidewater’s reported figures.

Based on trailing twelve months.

The official record: Tidewater’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tidewater's return on invested capital?
Tidewater (TDW) reported return on invested capital of 19.4% in Q4 2025.
How has Tidewater's return on invested capital changed year-over-year?
Tidewater's return on invested capital increased by 17.5% year-over-year, from 16.5% to 19.4%.
What is the long-term trend for Tidewater's return on invested capital?
Over 2 years (2023 to 2025), Tidewater's return on invested capital has grown at a 35.7% compound annual growth rate (CAGR), from 10.6% to 19.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.