Tidewater Midstream and Infrastructure Ltd.

TWM.TOTSXEnergy● Active

$17.74

+$0.58(+3.38%)

Market Cap$7.7B

P/E Ratio—

52W High$18.37

52W Low$3.6

Avg Volume66K

Open$17.16

Beta0.77

Free Cash Flow Financials Revenue

Tidewater Midstream and Infrastructure Ltd. (TWM.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TWM.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

TWM.TO · FCF · TTM · margin & CAGR

Free cash flow was −$11.8M for FY2025 (fiscal year ending 2025-12-31), up 84.9% year-over-year The FCF margin was -0.9%.

FY2025 Free Cash Flow−$11.8M▲ +84.9% YoY

Trailing 12M (TTM)$33.4MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-0.9%−$11.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TWM.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$10.8M(23M)−$11.8M▲ +84.9%-0.9%

FY2024−$33.5M(45M)−$78.4M▲ +49.5%-4.8%

FY2023$137.5M(293M)−$155.1M▼ 45.8%-7.0%

FY2022$242.9M(349M)−$106.4M▼ 1179.9%-3.7%

FY2021$126.7M(117M)$9.9M▼ 92.7%0.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TWM.TO · P/FCF · FCF yield · FCF per share

Tidewater Midstream and Infrastructure Ltd. (TWM.TO) trades at a FCF yield of 0.45% and a price-to-free-cash-flow ratio of 11.4x. FCF per share stands at $1.55, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.45%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.55

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x240.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TWM.TO · cash flow statement · operating / investing / financing

For FY2025, Tidewater Midstream and Infrastructure Ltd. generated $10.8M in operating cash flow and spent 23M in capital expenditures, yielding −$11.8M in free cash flow.

Operating Activities

+$10.8M

Cash from core business operations

2025-12-31

Investing Activities

+$5.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$15.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($10.8M) − |CapEx| (23M) = FCF (−$11.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

TWM.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Tidewater Midstream and Infrastructure Ltd.YOU

TWM.TO

−$11.8M+84.9%-0.9%

Loss

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Tidewater Midstream and Infrastructure Ltd. (TWM.TO) reported free cash flow of −$11.8M for FY2025 (fiscal year ending 2025-12-31), up 84.9% year-over-year. The FCF margin was -0.9%.

Based on available data, Tidewater Midstream and Infrastructure Ltd. has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $134.6M in FY2020.

Tidewater Midstream and Infrastructure Ltd.'s FCF yield is 0.45% and price-to-FCF ratio is 11.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TWM.TO free cash flow · 8 questions

Tidewater Midstream and Infrastructure Ltd. free cash flow was −$11.8M for FY2025, up 84.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $33.4M.

TWM.TO free cash flowTWM.TO FCFTWM.TO FCF 2025TWM.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Tidewater Midstream and Infrastructure Ltd. · Tidewater Midstream and Infrastructure Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026