The Filing Desk

RPC vs Tidewater

RPC RES · Tidewater TDW · Oil & Gas Equipment & Services

RPC reported revenue of $1.6 billion in fiscal 2025, 1.2 times Tidewater's $1.4 billion in fiscal 2025. RPC's revenue grew 14.9% in its latest year, and Tidewater's grew 0.5%. RPC had an operating margin of 2.8%, against 20.9% at Tidewater. Free cash flow was $53 million at RPC and $353 million at Tidewater.

Side by side

RPCTidewater
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$1.6B$1.4B
Revenue growth14.9%0.5%
Revenue growth a year, last 5 years22.1%27.8%
Gross margin24.2%—
Operating margin2.8%20.9%
Net margin2.0%24.7%
Free cash flow$53M$353M
Free cash flow margin3.2%26.1%
Return on capital—19.4%
Net debt to EBITDA−0.8x0.3x
Dividends and buybacks$38M$90M
Change in diluted share count0.4%−5.0%
Last close$6.38$84.49
P/E at the last close63.8×17.2×
Insider trades, last 12 months—sold $9.5 million
Piotroski F-score—7 of 8
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
RPCTidewater
Operating margin
Percent of revenue
RPCTidewater
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
RPCTidewater

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the RPC and Tidewater pages.