W&T OFFSHORE, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:25:29Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EBITDA | 63.60M | 100.83M | 144.17M | 561.20M | 280.18M | 98.56M |
| Working Capital | 4.99M | -27.63M | 48.13M | -222.07M | 33.88M | -7.77M |
| Net Debt | 223.05M | 296.13M | 229.52M | 244.24M | 497.44M | 593.31M |
| Operating Margin | -10.53% | -8.03% | 5.54% | 49.30% | 33.99% | 0.23% |
| Net Margin | -29.92% | -16.59% | 2.93% | 25.10% | -7.43% | 10.90% |
| Return on Equity (ROE) | 75.12% | 165.75% | 50.01% | 3027.89% | 16.78% | -18.14% |
| Return on Assets (ROA) | -15.70% | -7.93% | 1.40% | 16.14% | -3.48% | 4.02% |
| Current Ratio | 1.02× | 0.89× | 1.22× | 0.72× | 1.10× | 0.93× |
| Debt-to-Equity | -1.82× | -7.71× | 12.92× | 92.43× | -3.01× | -3.06× |
| Effective Tax Rate | -51.37% | 10.28% | 54.05% | 18.84% | 16.27% | -394.83% |
| Cash Conversion Ratio | -0.51× | -0.68× | 7.39× | 1.47× | -3.22× | 2.87× |
| Accruals Ratio | -0.24× | -0.13× | -0.09× | -0.08× | -0.15× | -0.08× |
| SBC % of Revenue | 2.44% | 1.94% | 1.95% | 0.86% | 0.60% | 1.14% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 29.64× | 3.51× | — | 8.35× |
| EV / EBITDA | 7.39× | 5.41× | 4.91× | 1.89× | 3.42× | 9.15× |
| P/S | 0.49× | 0.47× | 0.90× | 0.89× | 0.83× | 0.89× |
| P/B | — | — | 15.32× | 106.81× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 501.46M | 525.26M | 532.66M | 921.00M | 558.01M | 346.63M |
| Operating Income (Loss) | -52.80M | -42.19M | 29.49M | 454.08M | 189.66M | 801.00K |
| Income Tax Expense (Benefit) | 50.93M | -9.98M | 18.34M | 53.66M | -8.06M | -30.15M |
| Net Income (Loss) Attributable to Parent | -150.06M | -87.14M | 15.60M | 231.15M | -41.48M | 37.79M |
| Earnings Per Share, Basic | $-1.01 | $-0.59 | $0.11 | $1.61 | $-0.29 | $0.26 |
| Weighted Average Number of Shares Outstanding, Basic | 148.21M | 147.13M | 146.48M | 143.14M | 142.27M | 141.62M |
| Earnings Per Share, Diluted | $-1.01 | $-0.59 | $0.11 | $1.59 | $-0.29 | $0.26 |
| Weighted Average Number of Shares Outstanding, Diluted | 148.21M | 147.13M | 148.30M | 145.09M | 142.27M | 143.28M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 140.56M | 109.00M | 173.34M | 461.36M | 245.80M | 43.73M |
| Assets, Current | 239.27M | 218.46M | 264.98M | 570.26M | 358.26M | 107.23M |
| Assets | 955.81M | 1.10B | 1.11B | 1.43B | 1.19B | 940.58M |
| Long-term Debt | 350.81M | 393.22M | 390.60M | 693.44M | 730.90M | 625.29M |
| Liabilities, Current | 234.28M | 246.08M | 216.85M | 792.33M | 324.38M | 115.00M |
| Long-term Debt, Excluding Current Maturities | 342.36M | 365.94M | 361.24M | 111.19M | 687.94M | 625.29M |
| Stockholders' Equity Attributable to Parent | -199.75M | -52.58M | 31.19M | 7.63M | -247.18M | -208.29M |
| Common Stock, Shares, Outstanding | — | — | 146.58M | 146.13M | 142.86M | 142.31M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 77.24M | 59.54M | 115.33M | 339.53M | 133.67M | 108.51M |
| Net Cash Provided by (Used in) Investing Activities | 21.86M | -118.18M | -81.61M | -95.08M | -27.44M | -47.62M |
| Net Cash Provided by (Used in) Financing Activities | -69.04M | -8.56M | -321.74M | -28.89M | 100.27M | -49.60M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | 41.90M | 9.39M | 15.97M | 13.59M | 24.65M | 21.22M |
| Working Capital | -1.28M | 4.99M | 20.78M | 37.36M | 34.00M | -27.63M |
| Net Debt | 222.06M | 223.05M | 227.39M | 231.08M | 245.81M | 296.13M |
| Operating Margin | 9.76% | -15.69% | -9.89% | -10.50% | -6.35% | -14.12% |
| Net Margin | -15.02% | -22.29% | -56.05% | -17.07% | -23.54% | -19.41% |
| Return on Equity (ROE) | 10.16% | 13.58% | 41.44% | 20.33% | 36.93% | 44.43% |
| Return on Assets (ROA) | -2.35% | -2.84% | -7.44% | -2.04% | -2.98% | -2.13% |
| Current Ratio | 0.99× | 1.02× | 1.10× | 1.19× | 1.18× | 0.89× |
| Debt-to-Equity | -1.59× | -1.82× | -2.04× | -3.42× | -4.25× | -7.71× |
| Effective Tax Rate | -13.25% | -7.67% | -361.63% | 10.24% | 13.11% | 7.33% |
| Cash Conversion Ratio | -0.11× | -0.96× | -0.72× | -1.19× | 0.10× | 0.18× |
| Accruals Ratio | -0.03× | -0.06× | -0.13× | -0.04× | -0.03× | -0.02× |
| SBC % of Revenue | 4.96% | 3.06% | 6.66% | 4.05% | 1.61% | 3.17% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 9.14× | 7.39× | 6.67× | 6.43× | 5.23× | 5.41× |
| P/S | 0.99× | 0.49× | 0.55× | 0.50× | 0.45× | 0.47× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 150.02M | 121.71M | 127.52M | 122.37M | 129.87M | 120.34M |
| Operating Income (Loss) | 14.64M | -19.10M | -12.61M | -12.85M | -8.24M | -16.99M |
| Income Tax Expense (Benefit) | 2.64M | 1.93M | 55.99M | -2.38M | -4.62M | -1.85M |
| Net Income (Loss) Attributable to Parent | -22.53M | -27.13M | -71.47M | -20.88M | -30.58M | -23.36M |
| Earnings Per Share, Basic | $-0.15 | $-0.18 | $-0.48 | $-0.14 | $-0.21 | $-0.16 |
| Weighted Average Number of Shares Outstanding, Basic | 148.78M | 148.21M | 148.59M | 147.85M | 147.60M | 147.13M |
| Earnings Per Share, Diluted | $-0.15 | $-0.18 | $-0.48 | $-0.14 | $-0.21 | $-0.16 |
| Weighted Average Number of Shares Outstanding, Diluted | 148.78M | 148.21M | 148.59M | 147.85M | 147.60M | 147.13M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 130.92M | 140.56M | 124.80M | 120.72M | 105.93M | 109.00M |
| Assets, Current | 249.36M | 239.27M | 229.25M | 237.94M | 221.93M | 218.46M |
| Assets | 959.15M | 955.81M | 960.63M | 1.02B | 1.02B | 1.10B |
| Long-term Debt | 351.19M | 350.81M | 350.44M | 350.09M | 350.05M | 393.22M |
| Liabilities, Current | 250.64M | 234.28M | 208.47M | 200.58M | 187.93M | 246.08M |
| Long-term Debt, Excluding Current Maturities | 342.88M | 342.36M | 341.84M | 349.51M | 349.48M | 365.94M |
| Stockholders' Equity Attributable to Parent | -221.75M | -199.75M | -172.49M | -102.72M | -82.80M | -52.58M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.55M | 25.94M | 51.30M | 24.77M | -3.20M | -4.32M |
| Net Cash Provided by (Used in) Investing Activities | -10.33M | -9.77M | 31.63M | 52.50M | 63.27M | -14.14M |
| Net Cash Provided by (Used in) Financing Activities | -1.92M | -1.90M | -67.14M | -65.55M | -63.14M | -1.95M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (WTI CIK 0001288403),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.