Tidewater Midstream and Infrastructure (TSX:TWM) Gross Margin %: 11.20% (As of Mar. 2026) — 92% Above Median


TSX:TWM Tidewater Midstream and Infrastructure Ltd TSX:TWM
56 GF Score
Price C$16.20
GF Value C$7.35
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Tidewater Midstream and Infrastructure Gross Margin %?

Tidewater Midstream and Infrastructure TSX:TWM +0.25% 56 Gross Margin % is 11.20% as of Mar. 2026, which is 92% above its 10-year median of 5.83. GuruFocus rates TSX:TWM with a GF Score™ of 56/100 and a GF Value™ of C$7.35 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 867 Oil & Gas companies, Tidewater Midstream and Infrastructure ranks worse than 91.23% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tidewater Midstream and Infrastructure's Gross Profit for the three months ended in Mar. 2026 was C$43 Mil. Tidewater Midstream and Infrastructure's Revenue for the three months ended in Mar. 2026 was C$386 Mil. Therefore, Tidewater Midstream and Infrastructure's Gross Margin % for the quarter that ended in Mar. 2026 was 11.20%.


The historical rank and industry rank for Tidewater Midstream and Infrastructure's Gross Margin % or its related term are showing as below:

TSX:TWM' s Gross Margin % Range Over the Past 10 Years
Min: -1.59   Med: 5.83   Max: 27
Current: 2.42


During the past 11 years, the highest Gross Margin % of Tidewater Midstream and Infrastructure was 27.00%. The lowest was -1.59%. And the median was 5.83%.

TSX:TWM's Gross Margin % is ranked worse than
91.23% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs TSX:TWM: 2.42

Tidewater Midstream and Infrastructure had a gross margin of 11.20% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tidewater Midstream and Infrastructure was 0.00% per year.


Tidewater Midstream and Infrastructure  (TSX:TWM) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Tidewater Midstream and Infrastructure had a gross margin of 11.20% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Tidewater Midstream and Infrastructure Gross Margin % Related Terms


Tidewater Midstream and Infrastructure Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tidewater Midstream and Infrastructure's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tidewater Midstream and Infrastructure Gross Margin % Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 5.11 2.70 6.55 -1.59

Tidewater Midstream and Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.68 0.09 -1.16 -1.81 11.20

TSX:TWM vs WMB, EPD, KMI: Gross Margin % Comparison

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tidewater Midstream and Infrastructure Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater Midstream and Infrastructure's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tidewater Midstream and Infrastructure's Gross Margin % falls into.


TSX:TWM
56GF Score
Tidewater Midstream and Infrastructure Ltd TSX:TWM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tidewater Midstream and Infrastructure Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Tidewater Midstream and Infrastructure's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-20.9 / 1318.5
=(Revenue - Cost of Goods Sold) / Revenue
=(1318.5 - 1339.4) / 1318.5
=-1.59 %

Tidewater Midstream and Infrastructure's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=43.2 / 385.6
=(Revenue - Cost of Goods Sold) / Revenue
=(385.6 - 342.4) / 385.6
=11.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 11.20% mean?
Tidewater Midstream and Infrastructure (TSX:TWM) has a Gross Margin % of 11.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tidewater Midstream and Infrastructure and its competitors. This is 92% above median its historical median of 5.83. According to the industry distribution chart, Tidewater Midstream and Infrastructure ranks #791 out of 867 companies in the Oil & Gas industry, placing it in the top 91.2%.
Is Tidewater Midstream and Infrastructure's Gross Margin % too high?
Tidewater Midstream and Infrastructure's current Gross Margin % of 11.20% is 92% above median its 10-year median of 5.83. The Oil & Gas industry median Gross Margin % is 25.70. Tidewater Midstream and Infrastructure's value of 11.20% is 56.4% below this industry median. Based on the distribution chart, Tidewater Midstream and Infrastructure ranks #791 out of 867 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tidewater Midstream and Infrastructure has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Midstream and Infrastructure's Gross Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Tidewater Midstream and Infrastructure ranks #791 out of 867 companies for Gross Margin %. This places Tidewater Midstream and Infrastructure in the lower half of its industry. The industry median Gross Margin % is 25.70. Tidewater Midstream and Infrastructure's value of 11.20% is 56.4% below this benchmark. While the company's 10-year median is 5.83 vs. the industry median of 25.70, Tidewater Midstream and Infrastructure has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tidewater Midstream and Infrastructure's current Gross Margin % of 11.20% is 56.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Tidewater Midstream and Infrastructure and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidewater Midstream and Infrastructure's current Gross Margin % is 11.20%, which is 92% above median its own 10-year median of 5.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Midstream and Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure (TSX:TWM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$7.35, compared to a current price of C$16.20 — trading 120.4% above its estimated fair value. The current Gross Margin % is 11.20%, which is 92% above median its 10-year median of 5.83 and 56.4% below the Oil & Gas industry median of 25.70. Tidewater Midstream and Infrastructure's overall GF Score™ is 56/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Tidewater Midstream and Infrastructure (TSX:TWM), the current Gross Margin % is 11.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tidewater Midstream and Infrastructure (TSX:TWM) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure stock appears to be overvalued. The current stock price of C$16.20 is trading 120.4% above its estimated GF Value™ of C$7.35. GuruFocus considers Tidewater Midstream and Infrastructure to be Significantly Overvalued.

Key valuation signals for TSX:TWM:

  • Gross Margin %: 11.20% (92% above median its 10-year median of 5.83)
  • GF Value™: C$7.35 vs. price of C$16.20 (120.4% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 56.4% below the Oil & Gas median (#791 of 867)

No single metric tells the full story. See the TSX:TWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidewater Midstream and Infrastructure Business Description

Industry EnergyOil & Gas
Other Exchanges TWMIF:USATL50:Germany
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and exports to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants, and pipelines, NGL marketing and Extraction, refined products, and other activities.
56GF Score

Get the complete analysis for TSX:TWM

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$16.20
Price
C$7.35
GF Value