Tidewater Inc
NYSE:TDW
Income Statement
Earnings Waterfall
Tidewater Inc
Revenue
|
1B
USD
|
Cost of Revenue
|
-560.9m
USD
|
Gross Profit
|
449.1m
USD
|
Operating Expenses
|
-274.5m
USD
|
Operating Income
|
174.6m
USD
|
Other Expenses
|
-77.4m
USD
|
Net Income
|
97.2m
USD
|
Income Statement
Tidewater Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 396
N/A
|
1 435
+3%
|
1 487
+4%
|
1 516
+2%
|
1 539
+1%
|
1 496
-3%
|
1 415
-5%
|
1 289
-9%
|
1 120
-13%
|
979
-13%
|
842
-14%
|
714
-15%
|
625
-12%
|
602
-4%
|
549
-9%
|
516
-6%
|
330
-36%
|
422
+28%
|
412
-2%
|
401
-3%
|
407
+1%
|
437
+8%
|
457
+5%
|
478
+5%
|
487
+2%
|
481
-1%
|
457
-5%
|
424
-7%
|
397
-6%
|
364
-8%
|
352
-3%
|
358
+2%
|
371
+4%
|
393
+6%
|
467
+19%
|
566
+21%
|
648
+14%
|
735
+13%
|
787
+7%
|
894
+14%
|
1 010
+13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(784)
|
(812)
|
(835)
|
(855)
|
(872)
|
(861)
|
(824)
|
(769)
|
(679)
|
(580)
|
(508)
|
(434)
|
(390)
|
(372)
|
(345)
|
(342)
|
(243)
|
(307)
|
(290)
|
(269)
|
(275)
|
(294)
|
(307)
|
(321)
|
(332)
|
(331)
|
(315)
|
(295)
|
(272)
|
(253)
|
(253)
|
(256)
|
(264)
|
(271)
|
(307)
|
(355)
|
(399)
|
(447)
|
(465)
|
(517)
|
(561)
|
|
Gross Profit |
612
N/A
|
624
+2%
|
651
+4%
|
661
+1%
|
666
+1%
|
635
-5%
|
591
-7%
|
520
-12%
|
440
-15%
|
399
-9%
|
334
-16%
|
280
-16%
|
235
-16%
|
230
-2%
|
204
-11%
|
174
-15%
|
87
-50%
|
115
+32%
|
122
+6%
|
132
+8%
|
131
0%
|
143
+9%
|
151
+6%
|
157
+4%
|
155
-2%
|
150
-3%
|
143
-5%
|
129
-10%
|
125
-3%
|
111
-11%
|
99
-11%
|
101
+2%
|
107
+6%
|
122
+14%
|
160
+31%
|
211
+32%
|
248
+17%
|
288
+16%
|
322
+12%
|
377
+17%
|
449
+19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(370)
|
(377)
|
(384)
|
(389)
|
(392)
|
(393)
|
(391)
|
(386)
|
(378)
|
(370)
|
(362)
|
(355)
|
(350)
|
(347)
|
(332)
|
(293)
|
(164)
|
(199)
|
(161)
|
(154)
|
(166)
|
(177)
|
(189)
|
(204)
|
(199)
|
(201)
|
(198)
|
(191)
|
(183)
|
(180)
|
(180)
|
(179)
|
(183)
|
(182)
|
(196)
|
(208)
|
(219)
|
(230)
|
(230)
|
(250)
|
(275)
|
|
Selling, General & Administrative |
(207)
|
(210)
|
(213)
|
(216)
|
(219)
|
(218)
|
(213)
|
(205)
|
(196)
|
(188)
|
(181)
|
(176)
|
(175)
|
(180)
|
(173)
|
(158)
|
(96)
|
(120)
|
(105)
|
(104)
|
(108)
|
(108)
|
(107)
|
(110)
|
(97)
|
(95)
|
(89)
|
(77)
|
(66)
|
(61)
|
(60)
|
(62)
|
(68)
|
(70)
|
(81)
|
(91)
|
(100)
|
(107)
|
(105)
|
(99)
|
(94)
|
|
Depreciation & Amortization |
(163)
|
(168)
|
(171)
|
(172)
|
(173)
|
(175)
|
(178)
|
(180)
|
(182)
|
(182)
|
(181)
|
(179)
|
(175)
|
(167)
|
(159)
|
(135)
|
(68)
|
(80)
|
(56)
|
(50)
|
(58)
|
(69)
|
(81)
|
(94)
|
(102)
|
(106)
|
(109)
|
(114)
|
(117)
|
(119)
|
(120)
|
(117)
|
(115)
|
(111)
|
(115)
|
(118)
|
(119)
|
(123)
|
(124)
|
(151)
|
(180)
|
|
Operating Income |
242
N/A
|
246
+2%
|
268
+9%
|
273
+2%
|
275
+1%
|
241
-12%
|
200
-17%
|
134
-33%
|
63
-53%
|
29
-53%
|
(27)
N/A
|
(75)
-174%
|
(114)
-53%
|
(117)
-3%
|
(127)
-9%
|
(119)
+7%
|
(77)
+36%
|
(85)
-10%
|
(40)
+53%
|
(23)
+43%
|
(35)
-53%
|
(34)
+2%
|
(38)
-11%
|
(46)
-23%
|
(44)
+5%
|
(51)
-15%
|
(55)
-8%
|
(62)
-13%
|
(58)
+7%
|
(69)
-18%
|
(81)
-18%
|
(77)
+4%
|
(76)
+2%
|
(59)
+21%
|
(36)
+39%
|
3
N/A
|
29
+829%
|
57
+97%
|
92
+60%
|
127
+38%
|
175
+38%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
(24)
|
(29)
|
(29)
|
(29)
|
(29)
|
(40)
|
(52)
|
(59)
|
(70)
|
(70)
|
(73)
|
(71)
|
(66)
|
(53)
|
(39)
|
(16)
|
(39)
|
(39)
|
(39)
|
(38)
|
(20)
|
(21)
|
(22)
|
(27)
|
(26)
|
(11)
|
(12)
|
(11)
|
(13)
|
(26)
|
(23)
|
(18)
|
(11)
|
(28)
|
(32)
|
(30)
|
(31)
|
(18)
|
(31)
|
(46)
|
|
Non-Reccuring Items |
(47)
|
(49)
|
(48)
|
(40)
|
(276)
|
(279)
|
(289)
|
(326)
|
(50)
|
(99)
|
(122)
|
(213)
|
(451)
|
(461)
|
(903)
|
(1 886)
|
(1 593)
|
(1 597)
|
(1 123)
|
(35)
|
(81)
|
(79)
|
(80)
|
(68)
|
(42)
|
(45)
|
(154)
|
(149)
|
(129)
|
(126)
|
(16)
|
(16)
|
(30)
|
(26)
|
(28)
|
(26)
|
(1)
|
1
|
6
|
7
|
10
|
|
Pre-Tax Income |
181
N/A
|
173
-5%
|
191
+10%
|
203
+6%
|
(31)
N/A
|
(66)
-118%
|
(129)
-94%
|
(243)
-89%
|
(47)
+81%
|
(140)
-200%
|
(219)
-57%
|
(361)
-65%
|
(636)
-76%
|
(644)
-1%
|
(1 083)
-68%
|
(2 044)
-89%
|
(1 685)
+18%
|
(1 721)
-2%
|
(1 202)
+30%
|
(97)
+92%
|
(154)
-58%
|
(133)
+13%
|
(138)
-3%
|
(137)
+1%
|
(114)
+17%
|
(122)
-7%
|
(220)
-80%
|
(223)
-2%
|
(198)
+11%
|
(207)
-5%
|
(123)
+41%
|
(117)
+5%
|
(124)
-6%
|
(97)
+21%
|
(92)
+5%
|
(55)
+40%
|
(2)
+96%
|
28
N/A
|
79
+187%
|
103
+30%
|
139
+35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(38)
|
(33)
|
(37)
|
(43)
|
17
|
1
|
5
|
14
|
(41)
|
(21)
|
(15)
|
(7)
|
(9)
|
(6)
|
(3)
|
(2)
|
27
|
23
|
18
|
20
|
(18)
|
(21)
|
(21)
|
(34)
|
(28)
|
(17)
|
(14)
|
(5)
|
1
|
(6)
|
(10)
|
(4)
|
(6)
|
(9)
|
(10)
|
(15)
|
(20)
|
(27)
|
(31)
|
(34)
|
(43)
|
|
Income from Continuing Operations |
144
|
140
|
154
|
161
|
(13)
|
(65)
|
(124)
|
(229)
|
(88)
|
(160)
|
(234)
|
(367)
|
(645)
|
(650)
|
(1 086)
|
(2 046)
|
(1 658)
|
(1 697)
|
(1 184)
|
(77)
|
(172)
|
(154)
|
(159)
|
(171)
|
(141)
|
(139)
|
(234)
|
(228)
|
(197)
|
(214)
|
(133)
|
(121)
|
(130)
|
(106)
|
(102)
|
(70)
|
(22)
|
1
|
48
|
68
|
96
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(3)
|
(10)
|
(10)
|
(9)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(0)
|
0
|
0
|
0
|
1
|
2
|
2
|
|
Net Income (Common) |
144
N/A
|
140
-2%
|
154
+10%
|
161
+4%
|
(13)
N/A
|
(65)
-413%
|
(124)
-90%
|
(229)
-84%
|
(88)
+62%
|
(160)
-83%
|
(234)
-46%
|
(369)
-58%
|
(647)
-75%
|
(660)
-2%
|
(1 096)
-66%
|
(2 055)
-88%
|
(1 686)
+18%
|
(1 725)
-2%
|
(1 212)
+30%
|
(105)
+91%
|
(172)
-64%
|
(154)
+10%
|
(159)
-3%
|
(172)
-8%
|
(142)
+18%
|
(139)
+2%
|
(233)
-68%
|
(227)
+3%
|
(196)
+13%
|
(213)
-9%
|
(132)
+38%
|
(120)
+9%
|
(129)
-7%
|
(106)
+18%
|
(102)
+4%
|
(70)
+31%
|
(22)
+69%
|
1
N/A
|
49
+4 163%
|
70
+42%
|
97
+39%
|
|
EPS (Diluted) |
89.68
N/A
|
87.68
-2%
|
96.18
+10%
|
100.37
+4%
|
-8.46
N/A
|
-43.46
-414%
|
-82.66
-90%
|
-152.46
-84%
|
-58.33
+62%
|
-106.8
-83%
|
-156.13
-46%
|
-245.93
-58%
|
-431.39
-75%
|
-440.06
-2%
|
-730.33
-66%
|
-105.93
+85%
|
-78.42
+26%
|
-73.73
+6%
|
-49.06
+33%
|
-4.16
+92%
|
-6.45
-55%
|
-4.13
+36%
|
-4.23
-2%
|
-4.47
-6%
|
-3.71
+17%
|
-3.45
+7%
|
-5.78
-68%
|
-5.61
+3%
|
-4.86
+13%
|
-5.23
-8%
|
-3.22
+38%
|
-2.92
+9%
|
-3.14
-8%
|
-2.57
+18%
|
-2.43
+5%
|
-1.36
+44%
|
-0.49
+64%
|
0.02
N/A
|
0.96
+4 700%
|
1.3
+35%
|
1.84
+42%
|