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Tidewater TDW Asia Pacific1 — Direct Operating Costs

Other segment segments

Europe And Mediterranean
$50.38M+18.4%
Americas1
$33.87M-3.3%
West Africa
$31.69M-12.1%
Middle East1
$26.91M+9.7%

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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$4.06B+33.0%
Enterprise value$4.16B+25.8%
P/E15.8×+3.9×
P/S+0.8×

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:DirectOperatingCosts.

The source filing: Tidewater’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014662
(In Thousands)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Insurance254324
Fuel, lube and supplies2,5131,767
Other1,7542,118
Total vessel operating costs23,34526,810
General and administrative expense2,2252,420
Depreciation and amortization5,5245,318
Vessel operating profit15,47013,680
Additions to properties and equipment$546$592

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FAQ

What is Tidewater's asia pacific1 — direct operating costs?
Tidewater (TDW) reported asia pacific1 — direct operating costs of $23.35M in Q1 2026.
How has Tidewater's asia pacific1 — direct operating costs changed year-over-year?
Tidewater's asia pacific1 — direct operating costs decreased by 12.9% year-over-year, from $26.81M to $23.35M.
What is the long-term trend for Tidewater's asia pacific1 — direct operating costs?
Over 3 years (2022 to 2025), Tidewater's asia pacific1 — direct operating costs has grown at a 35.7% compound annual growth rate (CAGR), from $42.25M to $105.57M.
What does asia pacific1 — direct operating costs mean?
The aggregate of all direct expenses incurred to operate the vessel fleet within the Asia Pacific segment, including labor, fuel, maintenance, and insurance. This metric is the primary measure of the direct cost structure required to generate revenue in this geographic market.

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