HEI-A vs. TDW
HEI-A (HEICO Corporation) and TDW (Tidewater Inc.) are both stocks. HEI-A operates in Aerospace & Defense (Industrials), while TDW operates in Oil & Gas Equipment & Services (Energy). Over the past 10 years, HEI-A returned 24.25%/yr vs -7.55%/yr for TDW. At a 0.19 correlation, their price movements are largely independent.
Performance
HEI-A vs. TDW - Performance Comparison
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Returns By Period
In the year-to-date period, HEI-A achieves a -5.08% return, which is significantly lower than TDW's 47.18% return. Over the past 10 years, HEI-A has outperformed TDW with an annualized return of 24.25%, while TDW has yielded a comparatively lower -7.55% annualized return.
HEI-A
- 1D
- -1.64%
- 1M
- 8.06%
- YTD
- -5.08%
- 6M
- -2.45%
- 1Y
- 1.05%
- 3Y*
- 22.51%
- 5Y*
- 12.44%
- 10Y*
- 24.25%
TDW
- 1D
- 2.57%
- 1M
- -8.40%
- YTD
- 47.18%
- 6M
- 30.31%
- 1Y
- 71.17%
- 3Y*
- 15.94%
- 5Y*
- 38.88%
- 10Y*
- -7.55%
HEI-A vs. TDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEI-A HEICO Corporation | -5.08% | 35.80% | 30.81% | 19.03% | -6.60% | 9.94% | 30.98% | 42.21% | 24.78% | 45.72% |
TDW Tidewater Inc. | 47.18% | -7.68% | -24.13% | 95.69% | 244.07% | 23.96% | -55.14% | 0.78% | -21.60% | -77.81% |
Correlation
The correlation between HEI-A and TDW is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.19 |
The correlation between HEI-A and TDW shifts across timeframes, from 0.07 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HEI-A:
$33.78B
TDW:
$3.69B
HEI-A:
$5.60
TDW:
$6.00
HEI-A:
42.77
TDW:
12.38
HEI-A:
1.93
TDW:
0.52
HEI-A:
6.88
TDW:
2.74
HEI-A:
6.27
TDW:
2.69
HEI-A:
$4.91B
TDW:
$1.35B
HEI-A:
$943.00M
TDW:
$314.74M
HEI-A:
$1.12B
TDW:
$489.31M
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Return for Risk
HEI-A vs. TDW — Risk / Return Rank
HEI-A
TDW
HEI-A vs. TDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI-A) and Tidewater Inc. (TDW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HEI-A | TDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.26 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | 2.84 | -2.80 |
| Martin ratioReturn relative to average drawdown | 0.09 | 6.23 | -6.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HEI-A | TDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.03 | 1.31 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.73 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | -0.11 | +0.91 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | -0.01 | +0.83 |
Drawdowns
HEI-A vs. TDW - Drawdown Comparison
The maximum HEI-A drawdown since its inception was -49.70%, smaller than the maximum TDW drawdown of -99.80%. Use the drawdown chart below to compare losses from any high point for HEI-A and TDW.
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Drawdown Indicators
| HEI-A | TDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.70% | -99.80% | +50.10% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -25.16% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -70.35% | +43.24% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | -70.35% | +43.24% |
Max Drawdown (10Y)Largest decline over 10 years | -49.70% | -97.49% | +47.79% |
Current DrawdownCurrent decline from peak | -13.27% | -96.40% | +83.13% |
Average DrawdownAverage peak-to-trough decline | -7.66% | -48.97% | +41.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.65% | 11.46% | +0.19% |
Volatility
HEI-A vs. TDW - Volatility Comparison
HEICO Corporation (HEI-A) has a higher volatility of 14.19% compared to Tidewater Inc. (TDW) at 10.15%. This indicates that HEI-A's price experiences larger fluctuations and is considered to be riskier than TDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEI-A | TDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.19% | 10.15% | +4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 24.31% | 31.12% | -6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.97% | 54.53% | -23.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.59% | 53.43% | -25.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.56% | 66.56% | -36.00% |
Dividends
HEI-A vs. TDW - Dividend Comparison
HEI-A's dividend yield for the trailing twelve months is around 0.10%, while TDW has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI-A HEICO Corporation | 0.10% | 0.09% | 0.11% | 0.14% | 0.15% | 0.13% | 0.14% | 0.08% | 0.18% | 0.10% | 0.25% | 0.00% |
TDW Tidewater Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.04% | 0.00% | 14.37% |
Financials
HEI-A vs. TDW - Financials Comparison
This section allows you to compare key financial metrics between HEICO Corporation and Tidewater Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HEI-A vs. TDW - Profitability Comparison
HEI-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a gross profit of -454.96M and revenue of 1.38B. Therefore, the gross margin over that period was -33.1%.
TDW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tidewater Inc. reported a gross profit of 0.00 and revenue of 326.22M. Therefore, the gross margin over that period was 0.0%.
HEI-A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported an operating income of 350.44M and revenue of 1.38B, resulting in an operating margin of 25.5%.
TDW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tidewater Inc. reported an operating income of 58.98M and revenue of 326.22M, resulting in an operating margin of 18.1%.
HEI-A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a net income of 233.80M and revenue of 1.38B, resulting in a net margin of 17.0%.
TDW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tidewater Inc. reported a net income of 6.14M and revenue of 326.22M, resulting in a net margin of 1.9%.
Frequently Asked Questions
HEI-A and TDW have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI-A has higher volatility (14.19%) compared to TDW (10.15%). In terms of maximum drawdown, HEI-A dropped -49.70% vs TDW's -99.80%.
TDW currently has the higher Sharpe Ratio (1.31 vs 0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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