Tidewater Inc (TDW) valuation
Tidewater P/E ratio history
Tidewater trades at 17.8 times its earnings over the last twelve months and 19.7 times the earnings analysts expect over the next twelve. At its last 3 fiscal year ends its P/E ranged from 7.6 (year to Dec 2025) to 39.2 (year to Dec 2023), with a median of 16.1.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $50.51 | $6.64 | 7.6 | 14.4 |
| Dec 31, 2024 | $54.71 | $3.40 | 16.1 | 11.2 |
| Dec 31, 2023 | $72.11 | $1.84 | 39.2 | — |
| Dec 31, 2022 | $36.85 | -$0.49 | n/m | 27.6 |
| Dec 31, 2021 | $10.71 | -$3.14 | n/m | — |
| Dec 31, 2020 | $8.64 | -$4.86 | n/m | — |
| Dec 31, 2019 | $19.28 | -$3.67 | n/m | — |
| Dec 31, 2018 | $19.13 | -$6.10 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Tidewater valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| TidewaterTDW | $4.34B | 17.8 | 19.7 | 3.2 |
| ValarisVAL | $7.29B | 7.9 | 20.7 | 3.4 |
| TransoceanRIG | $7.75B | — | 31.1 | 1.9 |
| HalliburtonHAL | $30.1B | 15.2 | 13.0 | 1.3 |
| Baker HughesBKR | $54.8B | 19.0 | — | 1.9 |
| SchlumbergerSLB | $79.8B | 26.3 | 18.4 | 2.2 |
| Peer median | 17.1 | 19.5 | 1.9 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: TDW financials · TDW returns
No forecast, no recommendation. This page describes Tidewater Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.