GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (NYSE:TDW) » Definitions » Pretax Margin %

Tidewater (Tidewater) Pretax Margin % : 18.62% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Tidewater Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tidewater's Pre-Tax Income for the three months ended in Mar. 2024 was USD60 Mil. Tidewater's Revenue for the three months ended in Mar. 2024 was USD321 Mil. Therefore, Tidewater's pretax margin for the quarter that ended in Mar. 2024 was 18.62%.

The historical rank and industry rank for Tidewater's Pretax Margin % or its related term are showing as below:

TDW' s Pretax Margin % Range Over the Past 10 Years
Min: -106.98   Med: -18.79   Max: 15.46
Current: 15.46


TDW's Pretax Margin % is ranked better than
67.96% of 980 companies
in the Oil & Gas industry
Industry Median: 6.335 vs TDW: 15.46

Tidewater Pretax Margin % Historical Data

The historical data trend for Tidewater's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tidewater Pretax Margin % Chart

Tidewater Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.33 -49.78 -33.36 -0.36 13.76

Tidewater Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.80 15.45 11.63 15.90 18.62

Competitive Comparison of Tidewater's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Tidewater's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tidewater's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tidewater's Pretax Margin % falls into.



Tidewater Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Tidewater's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=138.929/1009.985
=13.76 %

Tidewater's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=59.815/321.164
=18.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tidewater  (NYSE:TDW) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Tidewater Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Tidewater's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tidewater (Tidewater) Business Description

Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
Executives
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
David E Darling officer: EVP, COO & Chief HR Officer 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio officer: EVP, CFO & CAO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Lois K Zabrocky director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle director 777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Darron M. Anderson director 10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Quintin Kneen director, officer: Director, President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Daniel A. Hudson officer: EVP & General Counsel 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Kenneth H Traub director
Larry T Rigdon director 914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino director C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd director, officer: President and CEO 11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022