SMHI · NYSE · Marine Shipping

SEACOR Marine (SMHI)

Runs offshore vessels that move crews, cargo, and equipment for energy projects.

$9.15
vs last close+0.12 (+1.27%)
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SEACOR Marine Holdings Inc.SMHI
Industrials

Operates PSVs, fast support vessels, and liftboats for offshore oil, gas, and wind facilities across multiple international basins. Revenue is tied to vessel availability, day rates, customer concentration, and the cost of moving equipment between regions.

Provides marine and support transportation services to offshore oil, gas, and wind facilities through platform supply vessels, fast support vessels, and liftboats. Its vessels move cargo and personnel, support production and storage operations, assist construction and well work-over, and carry equipment used in underwater inspection, maintenance, and repair.

The fleet operates across the United States, Africa and Europe, the Middle East and Asia, and Latin America, with most revenue generated outside the United States. Customer demand comes from energy producers, offshore contractors, and wind-related operators that need specialized vessels in active offshore basins.

Performance depends on vessel availability, day rates, equipment specifications, safety reputation, local operating rules, and mobilization costs between regions. Recent capital direction has emphasized fleet high-grading through vessel sales, PSV newbuild commitments, and hybrid battery systems.

Company facts

CEOJohn Gellert
ListedJun 2, 2017
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
Employees889
CIK0001690334
ISINUS78413P1012

Market cap$245.0M
EPS (ttm)−$0.6900
P/E (ttm)−13.09
ROE-7.0%
P/B0.9711
P/S1.16
Dividend yieldDiv yield
Beta0.88vs XLI −0.19

No analyst consensus on record.

Next report
Nov 4, 26
estimated · in 43 days
EPS estimate
−$0.61
Revenue estimate
$53.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Nov '26
Reported−$0.03−$0.56−$0.26$0.35−$0.57−$0.61$0.12Pending
Estimate−$0.67−$0.57−$0.27−$0.59−$0.65−$0.92−$1.24−$0.61
Surprise+95.5%+1.8%+3.7%+159.3%+12.3%+33.7%+109.7%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Nov '26
Reported$69.8M$55.5M$60.8M$59.2M$52.3M$44.3M$54.6MPending
Estimate$65.6M$65.3M$67.2M$65.9M$55.8M$49.3M$45.6M$53.0M
Surprise+6.4%−15.0%−9.5%−10.2%−6.2%−10.2%+19.8%
Estimate−$0.61
ReportedDue Nov 4, 2026
Estimate$53.0M
ReportedDue Nov 4, 2026
View details

Debt to equity127.40%
Current ratio237.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$68.9M$69.8M$55.5M$60.8M$59.2M$52.3M$44.3M$54.6M
Net income−$16.3M−$26.2M−$15.5M−$6.7M$9.0M−$14.6M−$15.8M$3.3M
Net margin0.0%0.0%0.0%0.0%15.2%0.0%0.0%6.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$6.5M$10.6M−$5.3M$6.1M$18.1M−$5.2M−$13.8M$16.0M
YoY growthTurned loss−53.2%Loss narrowedTurned profitTurned profitTurned lossLoss widened+163.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $55.4M · Total debt $321.3M · Total assets $633.3M · Shareholders' equity $252.3M

Revenue
$54.6M
Operating income
$16.0M
Net income
$3.3M
View details

No dividends on record.

Institutions45.11%12.24M shares
98 holders · as of Jun 30, 2026
Insiders18.50%5.02M shares
10 holders · as of Sep 4, 2026
Strategic holders6.36%1.72M shares
1 holder · as of Jan 29, 2024
Other30.03%8.15M shares
remainder

27.13M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Chernett JoreyInsider
7.18%1.95Mfiled Jun 22, 2026
BlackRock, Inc.Strategic
6.36%1.72Mfiled Jan 29, 2024
John M. Gellert1,2Insiderdirector, officer: President and CEO
5.97%1.42Mfiled Mar 10, 2026
BlackRock, Inc.Institution
5.87%1.59Mas of Jun 30, 2026
FF Hybrid, LPInstitution
5.70%1.55Mfiled Jan 19, 2022
  1. John M. Gellert's transaction reports restate only vehicles that traded; the 2025 ownership statement (1.42M) plus the 195.5K net shares acquired since is used instead.
  2. John M. Gellert reports a block also reported by First Eagle Investment Management, LLC; it is counted once, under First Eagle Investment Management, LLC.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 2, 2026Jesus Llorcaofficer: EVP & CFO−4,000$10.00
Sep 2, 2026Andrew H. II Everettofficer: Sr. VP, General Counsel & Secy−4,116$10.00
Aug 21, 2026Jesus Llorcaofficer: EVP & CFO−401$10.00
Aug 21, 2026Andrew H. II Everettofficer: Sr. VP, General Counsel & Secy−200$10.00
Aug 17, 2026Jesus Llorcaofficer: EVP & CFO−3,207$9.85
View details

  • Tidewater

    Largest public OSV peer across PSVs and global offshore logistics

Compare

CompanyPriceChange
SEACOR Marine$9.15+1.27%$245.0M1.2−10.2%
Tidewater$85.84+0.31%$4.26B17.316.23.2+0.3%
Median17.316.23.2+0.3%