SEACOR Marine Holdings Inc. (SMHI) Stock

SEACOR Marine Holdings Inc. (SMHI) is a Industrials stock trading at $9.76 (as of 2026-08-24), with a market capitalization of $263.99M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance, and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services. As of December 31, 2021, the company operated a fleet of 81 support and specialty vessels, of which 60 were owned or leased-in, 20 were joint-ventured, and 1 was managed on behalf of unaffiliated third parties. It serves integrated oil companies, large independent oil and natural gas exploration and production companies, and emerging independent companies, as well as windfarm operations and installation contractors. The company was founded in 1989 and is headquartered in Houston, Texas.

Understand SEACOR Marine Holdings Inc.: how it makes money

SEACOR Marine Holdings provides marine and support transportation services, using offshore support and specialty vessels, to deliver cargo and personnel to offshore oil, natural gas, and windfarm facilities, handle anchors and mooring equipment, support construction and maintenance work, and carry and launch underwater equipment, and it makes money through operating its fleet and generating operating revenue from these services.

The profit model is driven by how effectively the company employs its vessel fleet (utilization) and the day rates it earns when those vessels are deployed on offshore support and specialty jobs.

Business quality (Weak): Good visibility into vessel-level operating metrics (utilization, fleet count, and fleet mix), but limited detail on reportable operating segments, and the latest quarter shows negative operating margin.

Bull case

  • Utilization is a tracked operating driver: The company reports Average Fleet Utilization (59.0 percent for the latest quarter), which is directly tied to how much of its vessel capacity is being put to work.
  • Diversified fleet mix across offshore support and specialty vessel types: The latest quarter includes 55 Offshore Support Vessels, 21 Platform Supply Vessels, 23 Fast Support Vessels, 8 Liftboats, and 3 Anchor Handling Tug and Supply Vessels.

Bear case

  • Earnings pressure in the latest quarter: For the latest quarter, operating margin was -14.4 percent (operating margin), indicating losses at the operating level.
  • KPI sensitivity to fleet deployment and pricing: Because the company tracks Average Fleet Utilization and Average Fleet Day Rate, changes in either factor can impact operating revenue and profitability.
Valuation — source: SEC EDGAR (first-party)
Price$9.76
Market Cap$263.99M
EV / EBITDA8.0
Price / Book1.05
Price / Sales1.25
FCF Yield-30.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$227.83M
Net Margin-12.2%
Revenue Growth (YoY)-10.2%
EPS Growth (YoY)-150.0%
FCF Growth (YoY)59.5%
Financial Health — source: SEC EDGAR
Altman Z-Score0.57 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)26.0
Industry P/E (Transportation)17.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($11.02M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryTransportation
CEOJohn Gellert
Employees1,239
CountryUS
IPO Date2017-06-02

Related Companies (Transportation; 8 comparable transport companies)

  • Genco Shipping & Trading Limited (GNK)
  • Himalaya Shipping Ltd. (HSHP)
  • Dorian LPG Ltd. (LPG)
  • Pangaea Logistics Solutions, Ltd. (PANL)
  • Nordic American Tankers Limited (NAT)
  • Navios Maritime Partners L.P. (NMM)
  • International Seaways, Inc. (INSW)
  • Tidewater Inc. (TDW)
SMHI earnings history · SMHI institutional & insider holders · SMHI KPIs & operating metrics · SMHI financials · SMHI investor presentations & press releases · SMHI SEC filings · SMHI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.