TDW vs. EME

Last updated Apr 2, 2026

Compare and contrast key facts about Tidewater Inc. (TDW) and EMCOR Group, Inc. (EME).

Performance

TDW vs. EME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tidewater Inc. (TDW) and EMCOR Group, Inc. (EME). The values are adjusted to include any dividend payments, if applicable.

TDW vs. EME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TDW Tidewater Inc.	65.20%	-7.68%	-24.13%	95.69%	244.07%	23.96%	-55.14%	0.78%	-21.60%	-77.81%
EME EMCOR Group, Inc.	24.23%	35.05%	111.27%	46.03%	16.81%	39.93%	6.47%	45.18%	-26.68%	16.09%

Fundamentals

Market Cap TDW : $4.14B EME : $34.22B
EPS TDW : $6.73 EME : $28.22
PE Ratio TDW : 12.39 EME : 26.92
PEG Ratio TDW : 0.52 EME : 0.63
PS Ratio TDW : 3.06 EME : 2.01
PB Ratio TDW : 3.03 EME : 9.31
Total Revenue (TTM) TDW : $1.35B EME : $16.99B
Gross Profit (TTM) TDW : $305.59M EME : $3.33B
EBITDA (TTM) TDW : $478.57M EME : $1.84B

Returns By Period

In the year-to-date period, TDW achieves a 65.20% return, which is significantly higher than EME's 24.23% return. Over the past 10 years, TDW has underperformed EME with an annualized return of -8.39%, while EME has yielded a comparatively higher 32.17% annualized return.

TDW

• 1D: -0.13%
• 1M: 4.47%
• YTD: 65.20%
• 6M: 52.26%
• 1Y: 94.23%
• 3Y*: 23.70%
• 5Y*: 45.04%
• 10Y*: -8.39%

EME

• 1D: 2.88%
• 1M: 3.23%
• YTD: 24.23%
• 6M: 16.09%
• 1Y: 102.70%
• 3Y*: 67.63%
• 5Y*: 46.72%
• 10Y*: 32.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TDW vs. EME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDW

TDW Risk / Return Rank: 85
TDW Sharpe Ratio Rank: 85
TDW Sortino Ratio Rank: 84
TDW Omega Ratio Rank: 80
TDW Calmar Ratio Rank: 89
TDW Martin Ratio Rank: 85

EME

EME Risk / Return Rank: 91
EME Sharpe Ratio Rank: 94
EME Sortino Ratio Rank: 90
EME Omega Ratio Rank: 92
EME Calmar Ratio Rank: 91
EME Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TDW vs. EME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tidewater Inc. (TDW) and EMCOR Group, Inc. (EME). 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.

	TDW	EME	Difference
Sharpe ratio Return per unit of total volatility	1.58	2.56	-0.98
Sortino ratio Return per unit of downside risk	2.37	2.84	-0.48
Omega ratio Gain probability vs. loss probability	1.30	1.43	-0.14
Calmar ratio Return relative to maximum drawdown	3.82	4.21	-0.39
Martin ratio Return relative to average drawdown	8.07	10.89	-2.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TDW vs. EME - Sharpe Ratio Comparison

The current TDW Sharpe Ratio is 1.58, which is lower than the EME Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of TDW and EME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TDW	EME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	2.56	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	1.43	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.12	0.99	-1.11
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.59	-0.60

Correlation

The correlation between TDW and EME is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TDW vs. EME - Dividend Comparison

TDW has not paid dividends to shareholders, while EME's dividend yield for the trailing twelve months is around 0.15%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
EME EMCOR Group, Inc.	0.15%	0.16%	0.20%	0.32%	0.36%	0.41%	0.35%	0.37%	0.54%	0.39%	0.45%	0.67%

Drawdowns

TDW vs. EME - Drawdown Comparison

The maximum TDW drawdown since its inception was -99.80%, which is greater than EME's maximum drawdown of -70.56%. Use the drawdown chart below to compare losses from any high point for TDW and EME.

Drawdown Indicators

	TDW	EME	Difference
Max Drawdown Largest peak-to-trough decline	-99.80%	-70.56%	-29.24%
Max Drawdown (1Y) Largest decline over 1 year	-25.49%	-25.15%	-0.34%
Max Drawdown (5Y) Largest decline over 5 years	-70.35%	-36.19%	-34.16%
Max Drawdown (10Y) Largest decline over 10 years	-98.55%	-48.00%	-50.55%
Current Drawdown Current decline from peak	-95.96%	-6.55%	-89.41%
Average Drawdown Average peak-to-trough decline	-48.75%	-15.43%	-33.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.07%	9.73%	+2.34%

Volatility

TDW vs. EME - Volatility Comparison

Tidewater Inc. (TDW) has a higher volatility of 12.99% compared to EMCOR Group, Inc. (EME) at 11.93%. This indicates that TDW's price experiences larger fluctuations and is considered to be riskier than EME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDW	EME	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.99%	11.93%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	35.32%	32.55%	+2.77%
Volatility (1Y) Calculated over the trailing 1-year period	59.85%	40.30%	+19.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.77%	32.91%	+20.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.67%	32.76%	+35.91%

Financials

TDW vs. EME - Profitability Comparison

The chart below illustrates the profitability comparison between Tidewater Inc. and EMCOR Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TDW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tidewater Inc. reported a gross profit of 0.00 and revenue of 336.80M. Therefore, the gross margin over that period was 0.0%.

EME - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, EMCOR Group, Inc. reported a gross profit of 935.60M and revenue of 4.52B. Therefore, the gross margin over that period was 20.7%.

TDW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tidewater Inc. reported an operating income of 64.56M and revenue of 336.80M, resulting in an operating margin of 19.2%.

EME - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, EMCOR Group, Inc. reported an operating income of 531.64M and revenue of 4.52B, resulting in an operating margin of 11.8%.

TDW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tidewater Inc. reported a net income of 219.88M and revenue of 336.80M, resulting in a net margin of 65.3%.

EME - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, EMCOR Group, Inc. reported a net income of 431.79M and revenue of 4.52B, resulting in a net margin of 9.6%.