Tidewater, Inc. (TDW)

From the record

Tidewater, Inc.'s filings since 2017 show 5 warning events of 4 kinds: a bankruptcy or receivership notice (8-K item 1.03, 2 times, the latest 2017-07-18); a debt default or acceleration notice (8-K item 2.04, the latest 2017-05-18); a notice about its exchange listing (8-K item 3.01, the latest 2017-04-20); an auditor change (8-K item 4.01, the latest 2021-03-18) (its current reports).

From the record

Tidewater, Inc.'s 8 filed years say what it did: revenue went from $407 million in fiscal 2018 to $1.4 billion in fiscal 2025, up 18.7% a year; it rose in 5 of 7 years; the deepest fall was 24% from fiscal 2019 to fiscal 2021; net income was positive in 3 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Tidewater, Inc.'s diluted share count grew about 4.5% a year, and dividends and buybacks returned about 28% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 12 sales (1 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tidewater, Inc. earned about 25 cents of profit for every dollar of shareholders' money. Leverage: it owed about 43 cents per dollar of assets, and net share issuance: its share count shrank 5.0% over the year (the filed statements).

From the record

Tidewater, Inc.'s standing among 18 graded names in its industry family: revenue of $1.4 billion in fiscal 2025 ranks in the top 36% by size; a net margin of 24.7% ranks in the top 19%; revenue growth of 27.8% a year over the last 3 filed years ranks in the top 15% (its annual reports).

From the record

Tidewater, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Kneen, Quintin (DIRECTOR, PRESIDENT & CEO, as filed), filing under that title since 2019-11-18, 7 years (top 44% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 7.4 years (bottom 31%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Tidewater, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $579 million against debt of $649 million leaves -2.9% of its assets as net cash, top 18% of its family; cash from operations less capital spending is 26.1% of revenue (top 34%) (its annual report).

From the record

Tidewater, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 27.8% a year over the last three filed years against 18.7% over all 8, speeding up (top 21% of its family); the newest year grew 0.5% (top 50%); capital spending grew 15.7% a year (top 45%) (its annual reports). Tidewater, Inc. reported 2 product lines in fiscal 2025: Vessel at $1.3 billion (99%), Product and Service Other at $14 million (1%); 2 of 2 grew against the year before (its annual report).

From the record

Tidewater, Inc.'s newest year against its own record: revenue of $1.4 billion in fiscal 2025 came in 30.3% below the $1.9 billion its prior three years' pace pointed to (bottom 16% of its family); net income of $335 million against a prior three-year average of $85 million (top 26%); a net margin of 24.7% against 6.6% before (top 28%) (its annual reports).