A terminal-equipped electric wire includes an electric wire, a terminal fitting, and a water seal member, which covers an exposed part of the electric wire in the terminal fitting. The terminal fitting includes a base wall, a pair of core-wire crimping sections, and a pair of sheath crimping sections. The base wall includes a recess extending continuously from an opposite arrangement area of the pair of sheath crimping sections offset from a rear end portion toward a distal end portion to an area beyond a distal tip surface of the distal end of a sheath end portion. The recess receives a side on the base wall of the sheath end portion from a crimped portion offset from the rear end portion toward the distal end portion in the pair of sheath crimping sections to the distal tip surface.