Tidewater vs Select Water Solutions
Tidewater and Select Water Solutions are similar in size: $1.35bn and $1.41bn of revenue in their latest fiscal years. Tidewater grew faster (0.5% against -3.1%). Tidewater kept more of each dollar of sales as profit: a net margin of 24.7% against 1.5%.
| Latest fiscal year | TidewaterTDW, 2025 | Select Water SolutionsWTTR, 2025 |
|---|---|---|
| Revenue | $1.35bn | $1.41bn |
| Revenue growth | 0.5% | -3.1% |
| Net income | $335m | $21.2m |
| Operating margin | 20.9% | — |
| Net margin | 24.7% | 1.5% |
| Return on equity | 27.0% | 2.7% |
| Free cash flow | $353m | −$79.9m |
| Cash | $579m | $18.1m |
| Total debt | $670m | $320m |
| Debt to equity | 49.1% | — |
| Dividend per share | — | — |
| Dividend yield | — | 1.5% |
| Share buybacks | $90.1m | $7.3m |
| Employees | — | — |
| Market value | $3.89bn | $2.37bn |
| Price vs our value range | Below our value range | — |
| Moat score | 28 (Weak) | 9 (Weak) |
| Insider trades, 12 months | 0 buys, 12 sales | 0 buys, 25 sales |