Tidewater annual operating margin
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2025
Tidewater Operating Margin Growth & History (TDW)
Tidewater's operating margin was 20.89% for fiscal 2025.
View full Tidewater company overviewTidewater annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.89% | −2.24 pp |
| 2024 | 2024-12-31 | 23.13% | +5.09 pp |
| 2023 | 2023-12-31 | 18.04% | +13.92 pp |
| 2022 | 2022-12-31 | 4.12% | +29.73 pp |
| 2021 | 2021-12-31 | −25.61% | +21.44 pp |
| 2020 | 2020-12-31 | −47.05% | −29.25 pp |
| 2019 | 2019-12-31 | −17.80% | +8.64 pp |
| 2018 | 2018-12-31 | −26.44% | +69.61 pp |
| 2016 | 2017-03-31 | −96.05% | −88.95 pp |
| 2015 | 2016-03-31 | −7.10% | −4.61 pp |
| 2014 | 2015-03-31 | −2.49% | −16.53 pp |
| 2013 | 2014-03-31 | 14.04% | −2.53 pp |
| 2012 | 2013-03-31 | 16.58% | +5.93 pp |
| 2011 | 2012-03-31 | 10.64% | −2.56 pp |
| 2010 | 2011-03-31 | 13.20% | −7.36 pp |
| 2009 | 2010-03-31 | 20.57% | −12.90 pp |
| 2008 | 2009-03-31 | 33.47% | — |
Tidewater quarterly operating margin
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Q2.09
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Q1.21
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Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.27% | −5.43 pp |
| Q1 2026 | 2026-03-31 | 18.08% | −4.43 pp |
| Q4 2025 | 2025-12-31 | 19.00% | −4.59 pp |
| Q3 2025 | 2025-09-30 | 18.37% | −2.18 pp |
| Q2 2025 | 2025-06-30 | 23.70% | +0.67 pp |
| Q1 2025 | 2025-03-31 | 22.51% | −2.99 pp |
| Q4 2024 | 2024-12-31 | 23.58% | +2.73 pp |
| Q3 2024 | 2024-09-30 | 20.55% | +1.95 pp |
| Q2 2024 | 2024-06-30 | 23.03% | +4.91 pp |
| Q1 2024 | 2024-03-31 | 25.50% | +12.81 pp |
| Q4 2023 | 2023-12-31 | 20.85% | +13.82 pp |
| Q3 2023 | 2023-09-30 | 18.60% | +8.66 pp |
| Q2 2023 | 2023-06-30 | 18.12% | +16.99 pp |
| Q1 2023 | 2023-03-31 | 12.69% | +19.60 pp |
| Q4 2022 | 2022-12-31 | 7.02% | +32.69 pp |
| Q3 2022 | 2022-09-30 | 9.94% | +33.28 pp |
| Q2 2022 | 2022-06-30 | 1.13% | +23.54 pp |
| Q1 2022 | 2022-03-31 | −6.91% | +24.58 pp |
| Q4 2021 | 2021-12-31 | −25.66% | +1.93 pp |
| Q3 2021 | 2021-09-30 | −23.34% | +5.78 pp |
| Q2 2021 | 2021-06-30 | −22.41% | +92.64 pp |
| Q1 2021 | 2021-03-31 | −31.50% | −15.57 pp |
| Q4 2020 | 2020-12-31 | −27.59% | +14.53 pp |
| Q3 2020 | 2020-09-30 | −29.12% | −10.29 pp |
| Q2 2020 | 2020-06-30 | −115.05% | −111.56 pp |
| Q1 2020 | 2020-03-31 | −15.93% | −8.05 pp |
| Q4 2019 | 2019-12-31 | −42.13% | +21.44 pp |
| Q3 2019 | 2019-09-30 | −18.83% | +6.46 pp |
| Q2 2019 | 2019-06-30 | −3.49% | −3.36 pp |
| Q1 2019 | 2019-03-31 | −7.88% | +5.45 pp |
| Q4 2018 | 2018-12-31 | −63.57% | −55.79 pp |
| Q3 2018 | 2018-09-30 | −25.29% | +153.13 pp |
| Q2 2018 | 2018-06-30 | −0.13% | +43.00 pp |
| Q1 2018 | 2018-03-31 | −13.33% | +208.81 pp |
| Q2 2017 | 2017-09-30 | −7.78% | +100.30 pp |
| Q1 2017 | 2017-06-30 | −178.42% | −139.04 pp |
| Q4 2016 | 2017-03-31 | −43.14% | −12.42 pp |
| Q3 2016 | 2016-12-31 | −222.14% | −217.83 pp |
| Q2 2016 | 2016-09-30 | −108.09% | −101.60 pp |
| Q1 2016 | 2016-06-30 | −39.38% | −44.01 pp |
| Q4 2015 | 2016-03-31 | −30.71% | −38.62 pp |
| Q3 2015 | 2015-12-31 | −4.31% | +50.80 pp |
| Q2 2015 | 2015-09-30 | −6.49% | −27.80 pp |
| Q1 2015 | 2015-06-30 | 4.62% | −12.49 pp |
| Q4 2014 | 2015-03-31 | 7.90% | −8.70 pp |
| Q3 2014 | 2014-12-31 | −55.11% | −60.72 pp |
| Q2 2014 | 2014-09-30 | 21.31% | +0.50 pp |
| Q1 2014 | 2014-06-30 | 17.11% | +4.12 pp |
| Q4 2013 | 2014-03-31 | 16.60% | −1.24 pp |
| Q3 2013 | 2013-12-31 | 5.61% | −7.63 pp |
| Q2 2013 | 2013-09-30 | 20.81% | +2.47 pp |
| Q1 2013 | 2013-06-30 | 13.00% | −3.81 pp |
| Q4 2012 | 2013-03-31 | 17.84% | +1.81 pp |
| Q3 2012 | 2012-12-31 | 13.24% | −1.90 pp |
| Q2 2012 | 2012-09-30 | 18.34% | +20.52 pp |
| Q1 2012 | 2012-06-30 | 16.81% | +4.45 pp |
| Q4 2011 | 2012-03-31 | 16.03% | +6.35 pp |
| Q3 2011 | 2011-12-31 | 15.14% | −0.54 pp |
| Q2 2011 | 2011-09-30 | −2.18% | −12.25 pp |
| Q1 2011 | 2011-06-30 | 12.36% | −4.89 pp |
| Q4 2010 | 2011-03-31 | 9.68% | −7.86 pp |
| Q3 2010 | 2010-12-31 | 15.68% | −7.53 pp |
| Q2 2010 | 2010-09-30 | 10.07% | −14.30 pp |
| Q1 2010 | 2010-06-30 | 17.24% | +0.03 pp |
| Q4 2009 | 2010-03-31 | 17.54% | — |
| Q3 2009 | 2009-12-31 | 23.21% | — |
| Q2 2009 | 2009-09-30 | 24.37% | — |
| Q1 2009 | 2009-06-30 | 17.21% | — |
Tidewater operating margin trends
Over the last five reported fiscal years, Tidewater's operating margin increased from −47.05% to 20.89%, a change of +67.94 percentage points. The latest reported quarter, Q2 2026, shows 18.27%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tidewater filings at SEC.gov ↗