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Tidewater Inc. (TDGMW) Stock Fundamental Analysis & AI Rating 2026

TDGMW NYSE Water Transportation DE CIK: 0000098222
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
HOLD
65% Conf
Pending
Analysis scheduled

📊 TDGMW Key Takeaways

Revenue: $1.4B
Net Margin: 24.7%
Free Cash Flow: $353.3M
Current Ratio: 2.90x
Debt/Equity: 0.49x
EPS: $6.64
AI Rating: HOLD with 65% confidence
Tidewater Inc. (TDGMW) receives a HOLD rating with 65% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of 24.7%, and return on equity (ROE) of 24.5%, Tidewater Inc. demonstrates mixed fundamentals in the Transportation sector. Below is our complete TDGMW stock analysis for 2026.

Is Tidewater Inc. (TDGMW) a Good Investment?

Claude

Tidewater demonstrates exceptional financial health with fortress-like balance sheet, industry-leading profitability (20.9% operating margin, 24.7% net margin), and exceptional free cash flow generation ($353.3M annually). However, revenue is essentially flat (+0.5% YoY), net income growth is negligible (+0.4% YoY), and the negative gross margin (-1.2%) combined with EPS growth driven primarily by buybacks (95.3%) signals a mature, stagnating business relying on financial engineering rather than organic growth.

Why Buy Tidewater Inc. Stock? TDGMW Key Strengths

Claude
  • + Exceptional free cash flow generation of $353.3M with 26.1% FCF margin demonstrates operational excellence and cash conversion
  • + Strong profitability with 20.9% operating margin and 24.7% net margin, generating $334.7M net income
  • + Fortress balance sheet with 2.90x current ratio, conservative 0.49x debt/equity, $578.8M cash, and 12.4x interest coverage
  • + Exceptional returns on equity (24.5%) and assets (14.0%) indicate efficient capital deployment
  • + Capital-light business model with only $25.8M capex against $379.1M operating cash flow

TDGMW Stock Risks: Tidewater Inc. Investment Risks

Claude
  • ! Negative gross margin (-1.2%) with negative $16.8M gross profit despite $1.4B revenue indicates structural cost issues or data quality concerns requiring investigation
  • ! Revenue growth stagnation at 0.5% YoY with minimal net income growth (0.4% YoY) signals cyclical marine transportation headwinds and lack of business momentum
  • ! EPS growth of 95.3% substantially decoupled from 0.4% net income growth, indicating aggressive share buybacks masking flat earnings; unsustainable as capital base shrinks
  • ! Exposure to cyclical marine transportation industry vulnerable to energy prices, shipping demand, and offshore activity fluctuations
  • ! Substantial $670.1M long-term debt despite strong cash position raises questions about capital allocation priorities

Key Metrics to Watch

Claude
  • * Path to gross margin recovery and explanation for negative -1.2% gross margin anomaly
  • * Revenue growth acceleration and marine transportation industry demand indicators
  • * Free cash flow sustainability and organic versus financial engineering components of EPS growth

Tidewater Inc. (TDGMW) Financial Metrics & Key Ratios

Revenue
$1.4B
Net Income
$334.7M
EPS (Diluted)
$6.64
Free Cash Flow
$353.3M
Total Assets
$2.4B
Cash Position
$578.8M

💡 AI Analyst Insight

The 26.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.90x current ratio provides a solid financial cushion.

TDGMW Profit Margin, ROE & Profitability Analysis

Gross Margin -1.2%
Operating Margin 20.9%
Net Margin 24.7%
ROE 24.5%
ROA 14.0%
FCF Margin 26.1%

TDGMW vs Transportation Sector: How Tidewater Inc. Compares

How Tidewater Inc. compares to Transportation sector averages

Net Margin
TDGMW 24.7%
vs
Sector Avg 10.0%
TDGMW Sector
ROE
TDGMW 24.5%
vs
Sector Avg 18.0%
TDGMW Sector
Current Ratio
TDGMW 2.9x
vs
Sector Avg 1.0x
TDGMW Sector
Debt/Equity
TDGMW 0.5x
vs
Sector Avg 1.0x
TDGMW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Tidewater Inc. Stock Overvalued? TDGMW Valuation Analysis 2026

Based on fundamental analysis, Tidewater Inc. appears fundamentally strong relative to the Transportation sector in 2026.

Return on Equity
24.5%
Sector avg: 18%
Net Profit Margin
24.7%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.49x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Tidewater Inc. Balance Sheet: TDGMW Debt, Cash & Liquidity

Current Ratio
2.90x
Quick Ratio
2.90x
Debt/Equity
0.49x
Debt/Assets
0.0%
Interest Coverage
12.43x
Long-term Debt
$670.1M

TDGMW Revenue & Earnings Growth: 5-Year Financial Trend

TDGMW 5-year financial data: Year 2021: Revenue $486.5M, Net Income -$141.7M, EPS $-3.71. Year 2022: Revenue $647.7M, Net Income -$196.2M, EPS $-4.86. Year 2023: Revenue $1.0B, Net Income -$129.0M, EPS $-3.14. Year 2024: Revenue $1.3B, Net Income -$21.7M, EPS $-0.49. Year 2025: Revenue $1.4B, Net Income $97.2M, EPS $1.84.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Tidewater Inc.'s revenue has grown significantly by 178% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.84 reflects profitable operations.

TDGMW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
26.1%
Free cash flow / Revenue

TDGMW Quarterly Earnings & Performance

Quarterly financial performance data for Tidewater Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $340.4M -$806.0K $-0.02
Q2 2025 $339.2M $50.4M $0.94
Q1 2025 $321.2M $42.7M $0.83
Q3 2024 $299.3M $26.2M $0.49
Q2 2024 $215.0M $22.6M $0.43
Q1 2024 $193.1M $10.7M $0.21
Q3 2023 $191.8M $5.4M $0.10
Q2 2023 $163.4M $22.6M $0.43

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Tidewater Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$379.1M
Cash generated from operations
Stock Buybacks
$90.1M
Shares repurchased (TTM)
Capital Expenditures
$25.8M
Investment in assets
Dividends Paid
$35.4M
Returned to shareholders

TDGMW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Tidewater Inc. (CIK: 0000098222)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/form4-04022026_080404.xml View →
Apr 2, 2026 4 xslF345X06/primary_doc.xml View →
Mar 23, 2026 4 xslF345X06/form4-03232026_080328.xml View →
Mar 23, 2026 4 xslF345X06/form4-03232026_080326.xml View →
Mar 23, 2026 4 xslF345X06/form4-03232026_080324.xml View →

Frequently Asked Questions about TDGMW

What is the AI rating for TDGMW?

Tidewater Inc. (TDGMW) has an AI rating of HOLD with 65% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TDGMW's key strengths?

Claude: Exceptional free cash flow generation of $353.3M with 26.1% FCF margin demonstrates operational excellence and cash conversion. Strong profitability with 20.9% operating margin and 24.7% net margin, generating $334.7M net income.

What are the risks of investing in TDGMW?

Claude: Negative gross margin (-1.2%) with negative $16.8M gross profit despite $1.4B revenue indicates structural cost issues or data quality concerns requiring investigation. Revenue growth stagnation at 0.5% YoY with minimal net income growth (0.4% YoY) signals cyclical marine transportation headwinds and lack of business momentum.

What is TDGMW's revenue and growth?

Tidewater Inc. reported revenue of $1.4B.

Does TDGMW pay dividends?

Tidewater Inc. pays dividends, with $35.4M distributed to shareholders in the trailing twelve months.

Where can I find TDGMW SEC filings?

Official SEC filings for Tidewater Inc. (CIK: 0000098222) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TDGMW's EPS?

Tidewater Inc. has a diluted EPS of $6.64.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TDGMW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Tidewater Inc. has a HOLD rating with 65% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TDGMW stock overvalued or undervalued?

Valuation metrics for TDGMW: ROE of 24.5% (sector avg: 18%), net margin of 24.7% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy TDGMW stock in 2026?

Our dual AI analysis gives Tidewater Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is TDGMW's free cash flow?

Tidewater Inc.'s operating cash flow is $379.1M, with capital expenditures of $25.8M. FCF margin is 26.1%.

How does TDGMW compare to other Transportation stocks?

Vs Transportation sector averages: Net margin 24.7% (avg: 10%), ROE 24.5% (avg: 18%), current ratio 2.90 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI