Tidewater Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $334.7M | $180.7M | $97.2M | $-21.7M | $-129.0M | $-196.2M | $-141.7M | $-171.5M |
| Depreciation & Amortization | $151.1M | $156.2M | $128.8M | $83.5M | $73.2M | $73.0M | $77.0M | $51.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $14.5M | $13.7M | $10.8M | $7.4M | $5.6M | $5.1M | $19.6M | $13.4M |
| Net Cash from Operating Activities | $379.1M | $282.5M | $104.2M | $40.2M | $15.0M | $4.0M | $-31.4M | $3.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $25.8M | $27.6M | $31.6M | $16.6M | $9.0M | $14.9M | $18.0M | $21.4M |
| Business Acquisitions | $0 | $0 | $594.2M | $20.7M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-7.5M | $-188.0K | $-610.3M | $-23.8M | $25.1M | $23.4M | $10.8M | $68.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $90.1M | $90.7M | $35.0M | $0 | $0 | — | — | — |
| Net Cash from Financing Activities | $-136.0M | $-222.6M | $615.6M | $-2.7M | $-41.0M | $-99.8M | $-149.6M | $-128.1M |
| Net Change in Cash | $252.5M | $51.1M | $110.0M | $13.7M | $-949.0K | $-72.4M | $-170.1M | $-55.6M |
| Free Cash Flow | $353.3M | $254.9M | $72.6M | $23.6M | $6.1M | $-10.9M | $-49.4M | $-17.5M |