Tidewater profit margin TDW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 18.3%
- Operating margin, 12 months
- 18.4%
- Net margin on a year earlier
- +3.7 pts
- Peer median
- 10.2%
Over the twelve months to Jun 30, 2026, Tidewater kept 18.3% of its revenue as net profit, with an operating margin of 18.4%.
Five years earlier its net margin was −37.5%.
The median for 10 travel stocks of a similar size is 10.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 24.7% | 20.9% | n/a |
| FY2024 | 13.4% | 23.1% | n/a |
| FY2023 | 9.6% | 18.0% | n/a |
| FY2022 | −3.4% | 4.1% | n/a |
| FY2021 | −34.8% | −25.6% | n/a |
| FY2020 | −49.4% | −47.0% | n/a |
| FY2019 | −29.1% | −17.8% | n/a |
| FY2018 | −42.2% | −26.4% | n/a |
| FY2017 | n/a | −96.1% | 38.2% |
| FY2016 | −16.4% | −7.1% | 40.8% |
| FY2015 | −4.4% | −2.5% | 42.4% |
| FY2014 | 9.8% | 14.0% | 43.4% |
| FY2013 | 12.1% | 16.6% | 43.4% |
| FY2012 | 8.2% | 10.6% | 39.5% |
| FY2011 | 10.0% | 13.2% | 39.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 18.3% | +3.7 pts | 18.4% | |
| Q1 FY26 | 22.2% | +9.2 pts | 19.8% | |
| Q4 FY25 | 24.7% | +11.3 pts | 20.9% | |
| Q3 FY25 | 11.1% | −2.8 pts | 22.0% | |
| Q2 FY25 | 14.6% | +1.8 pts | 22.6% | |
| Q1 FY25 | 13.0% | +1.3 pts | 22.4% | |
| Q4 FY24 | 13.4% | +3.8 pts | 23.1% | |
| Q3 FY24 | 13.9% | +6.1 pts | 22.5% | |
| Q2 FY24 | 12.8% | +6.5 pts | 22.1% | |
| Q1 FY24 | 11.7% | +11.6 pts | 21.1% | |
| Q4 FY23 | 9.6% | +13.0 pts | 18.0% | |
| Q3 FY23 | 7.8% | +20.3 pts | 14.8% |
Against its peers
Companies in Travel Services nearest Tidewater's size, closest first, today.
| Company | Profit margin |
|---|---|
| TDWTidewater | 18.3% |
| INSWInternational Seaways | 62.0% |
| GXOGXO Logistics | 1.0% |
| FTDRFrontdoor | 12.8% |
| ABMABM Industries | 1.8% |
| GATXGatx | n/m |
| MATXMatson | 13.4% |
| NCLHNorwegian Cruise Line | 7.5% |
| KEXKirby | 10.2% |
| LPGDorian LPG | 55.0% |
| GNKGenco Shipping & Trading | 9.1% |
| Peer median | 10.2% |
Where Tidewater ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Tidewater
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.