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Tidewater TDW West Africa — Gross Profit

Other segment segments

Asia Pacific1
$15.47M+13.1%
Americas1
$9.57M+95.4%
Europe And Mediterranean
$8.05M+9.0%
Middle East1
$6.63M-22.6%

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Other financials

Income statement

See full
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

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

Returns & leverage

See full
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:GrossProfit.

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
Fuel, lube and supplies3,7194,808
Other6,2236,927
Total vessel operating costs31,68636,055
General and administrative expense2,9712,546
Depreciation and amortization13,92715,898
Vessel operating profit37,23051,613
Additions to properties and equipment$1,737$12,832
Total assets$465,610$528,421

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FAQ

What is Tidewater's west africa — gross profit?
Tidewater (TDW) reported west africa — gross profit of $37.23M in Q1 2026.
How has Tidewater's west africa — gross profit changed year-over-year?
Tidewater's west africa — gross profit decreased by 27.9% year-over-year, from $51.61M to $37.23M.
What is the long-term trend for Tidewater's west africa — gross profit?
Over 3 years (2022 to 2025), Tidewater's west africa — gross profit has grown at a 47.6% compound annual growth rate (CAGR), from $43.11M to $138.67M.
What does west africa — gross profit mean?
Calculated as the segment revenue minus direct operating costs, this metric measures the core profitability of the West Africa marine support services. It highlights the segment's ability to generate returns on its operational assets before accounting for corporate-level expenses.

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