TDW vs. JPM

Last updated Jun 4, 2026

TDW (Tidewater Inc.) and JPM (JPMorgan Chase & Co.) are both stocks. TDW operates in Oil & Gas Equipment & Services (Energy), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, TDW returned -7.01%/yr vs 19.77%/yr for JPM. At a 0.23 correlation, their price movements are largely independent.

Performance

TDW vs. JPM - Performance Comparison

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

Returns By Period

In the year-to-date period, TDW achieves a 46.51% return, which is significantly higher than JPM's -5.73% return. Over the past 10 years, TDW has underperformed JPM with an annualized return of -7.01%, while JPM has yielded a comparatively higher 19.77% annualized return.

TDW

• 1D: -1.21%
• 1M: -15.02%
• YTD: 46.51%
• 6M: 23.85%
• 1Y: 73.18%
• 3Y*: 14.01%
• 5Y*: 38.14%
• 10Y*: -7.01%

JPM

• 1D: -0.04%
• 1M: -2.21%
• YTD: -5.73%
• 6M: -2.68%
• 1Y: 15.18%
• 3Y*: 31.87%
• 5Y*: 15.45%
• 10Y*: 19.77%

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

TDW vs. JPM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TDW Tidewater Inc.	46.51%	-7.68%	-24.13%	95.69%	244.07%	23.96%	-55.14%	0.78%	-21.60%	-77.81%
JPM JPMorgan Chase & Co.	-5.73%	37.27%	44.29%	30.63%	-12.64%	27.75%	-5.53%	47.26%	-6.62%	26.76%

Correlation

The correlation between TDW and JPM is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987	0.23

The correlation between TDW and JPM shifts across timeframes, from 0.15 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TDW : $3.67B JPM : $840.48B
EPS TDW : $6.00 JPM : $21.08
PE Ratio TDW : 12.33 JPM : 14.27
PEG Ratio TDW : 0.52 JPM : 1.58
PS Ratio TDW : 2.73 JPM : 2.95
PB Ratio TDW : 2.68 JPM : 2.44
Total Revenue (TTM) TDW : $1.35B JPM : $285.09B
Gross Profit (TTM) TDW : $314.74M JPM : $173.52B
EBITDA (TTM) TDW : $489.31M JPM : $81.46B

Return for Risk

TDW vs. JPM — Risk / Return Rank

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

TDW

TDW Risk / Return Rank: 79
TDW Sharpe Ratio Rank: 78
TDW Sortino Ratio Rank: 78
TDW Omega Ratio Rank: 75
TDW Calmar Ratio Rank: 82
TDW Martin Ratio Rank: 79

JPM

JPM Risk / Return Rank: 59
JPM Sharpe Ratio Rank: 63
JPM Sortino Ratio Rank: 55
JPM Omega Ratio Rank: 54
JPM Calmar Ratio Rank: 61
JPM Martin Ratio Rank: 62

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. JPM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tidewater Inc. (TDW) and JPMorgan Chase & Co. (JPM). 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	JPM	Difference
Sharpe ratio Return per unit of total volatility	1.35	0.71	+0.64
Sortino ratio Return per unit of downside risk	2.25	1.06	+1.19
Omega ratio Gain probability vs. loss probability	1.27	1.14	+0.13
Calmar ratio Return relative to maximum drawdown	2.92	0.99	+1.94
Martin ratio Return relative to average drawdown	6.52	2.36	+4.16
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. JPM - Sharpe Ratio Comparison

The current TDW Sharpe Ratio is 1.35, which is higher than the JPM Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of TDW and JPM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TDW	JPM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	0.71	+0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.64	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.11	0.72	-0.83
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.34	-0.35

Drawdowns

TDW vs. JPM - Drawdown Comparison

The maximum TDW drawdown since its inception was -99.80%, which is greater than JPM's maximum drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for TDW and JPM.

Drawdown Indicators

	TDW	JPM	Difference
Max Drawdown Largest peak-to-trough decline	-99.80%	-76.16%	-23.64%
Max Drawdown (1Y) Largest decline over 1 year	-25.16%	-15.47%	-9.69%
Max Drawdown (3Y) Largest decline over 3 years	-70.35%	-24.42%	-45.93%
Max Drawdown (5Y) Largest decline over 5 years	-70.35%	-38.77%	-31.58%
Max Drawdown (10Y) Largest decline over 10 years	-97.72%	-43.63%	-54.09%
Current Drawdown Current decline from peak	-96.42%	-9.63%	-86.79%
Average Drawdown Average peak-to-trough decline	-48.96%	-17.62%	-31.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.27%	6.46%	+4.81%

Volatility

TDW vs. JPM - Volatility Comparison

Tidewater Inc. (TDW) has a higher volatility of 11.16% compared to JPMorgan Chase & Co. (JPM) at 6.39%. This indicates that TDW's price experiences larger fluctuations and is considered to be riskier than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDW	JPM	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.16%	6.39%	+4.77%
Volatility (6M) Calculated over the trailing 6-month period	32.15%	17.16%	+14.99%
Volatility (1Y) Calculated over the trailing 1-year period	54.71%	21.41%	+33.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.45%	24.41%	+29.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.77%	27.37%	+39.40%

Dividends

TDW vs. JPM - Dividend Comparison

TDW has not paid dividends to shareholders, while JPM's dividend yield for the trailing twelve months is around 1.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPM JPMorgan Chase & Co.	1.96%	1.72%	1.92%	2.38%	2.98%	2.34%	2.83%	2.37%	2.54%	1.91%	2.13%	2.54%
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

TDW vs. JPM - Profitability Comparison

The chart below illustrates the profitability comparison between Tidewater Inc. and JPMorgan Chase & Co. 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 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%.

JPM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a gross profit of 47.33B and revenue of 73.66B. Therefore, the gross margin over that period was 64.3%.

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%.

JPM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported an operating income of 20.48B and revenue of 73.66B, resulting in an operating margin of 27.8%.

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%.

JPM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a net income of 16.49B and revenue of 73.66B, resulting in a net margin of 22.4%.

Frequently Asked Questions

Can I hold both TDW and JPM in my portfolio?

TDW and JPM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDW or JPM?

TDW has higher volatility (11.16%) compared to JPM (6.39%). In terms of maximum drawdown, TDW dropped -99.80% vs JPM's -76.16%.

Which has better risk-adjusted returns?

TDW currently has the higher Sharpe Ratio (1.35 vs 0.71), 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.