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Tidewater TDW Europe And Mediterranean — Direct Operating Costs

Other segment segments

Americas1
$33.87M-3.3%
West Africa
$31.69M-12.1%
Middle East1
$26.91M+9.7%
Asia Pacific1
$23.35M-12.9%

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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
Insurance699848
Fuel, lube and supplies4,6513,147
Other5,7664,738
Total vessel operating costs50,38142,555
General and administrative expense3,7623,663
Depreciation and amortization24,75724,609
Vessel operating profit8,0457,378
Additions to properties and equipment$5,212$1,314

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FAQ

What is Tidewater's europe and mediterranean — direct operating costs?
Tidewater (TDW) reported europe and mediterranean — direct operating costs of $50.38M in Q1 2026.
How has Tidewater's europe and mediterranean — direct operating costs changed year-over-year?
Tidewater's europe and mediterranean — direct operating costs increased by 18.4% year-over-year, from $42.56M to $50.38M.
What is the long-term trend for Tidewater's europe and mediterranean — direct operating costs?
Over 3 years (2022 to 2025), Tidewater's europe and mediterranean — direct operating costs has grown at a 33.9% compound annual growth rate (CAGR), from $74.84M to $179.56M.
What does europe and mediterranean — direct operating costs mean?
The aggregate of all direct expenses incurred to operate the vessel fleet within the Europe and Mediterranean segment, excluding administrative overhead. It is a primary indicator of the operational cost structure and margin potential for this specific geographic market.

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