Stocks/SMHI

SMHI

SEACOR Marine Holdings Inc.
Industrials·Marine Shipping
$7.55
$204M market cap
Revenue
$96.6M
Free Cash Flow
$-41.9M
Rev Growth
+0.0%
FCF Margin
-43.3%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

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 a

2-Year Price History

$7.21-39.1%
$4.0$6.0$8.0$10$12$14volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q144.34.9-13.8-15.8-15.1-21.2-6.138.7328.425.8-14.0%0.6x--
Act2025-Q452.342.7-5.2-14.6-12.2-20.6-8.468.9335.726.2-4.9%0.9x--

Valuation & Metrics

Market Stats

Price$7.55
Market Cap$204M
Enterprise Value$494M
P/S Ratio2.1x
P/FCF--
EV/FCF--
FCF Margin (TTM)-43.3%
FCF Yield-20.5%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$96.6M
Net Income$-30.4M
Free Cash Flow$-41.9M

Revenue Growth (YoY)+0.0%
EBITDA Margin49.3%
Net Margin-31.5%
FCF Margin-43.3%
CapEx % of Revenue15.0%
SBC % of Revenue3.1%
ROIC-9.4%
WC Change % Rev-5.7%
Interest Coverage0.9x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.8M
Days to Cover13.0
Change (vs Prior)-1.2%
Need at least 2 settlement dates for chart

Employees

Headcount1,239
Revenue / Employee$77,975
Gross Profit / Employee$35,317

Cash Runway

11.1months
CRITICAL

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
23.3%(+3.5% YoY)
77 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
19.1%(+4.1% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.1%(-0.1% YoY)
4 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
BlackRock, Inc.Passive$11.0M$9.59−$152K−$1.4M-0.2%$5.69T
Oppenheimer & Close, LLC$9.9M$7.16+$5.9M+$5.9M+1.0%$159M
DIMENSIONAL FUND ADVISORS LPPassive$9.0M$11.32−$224K−$1.1M-0.4%$480.92B
First Eagle Investment Management, LLC$7.7M$9.37−$291K−$110K+0.7%$58.96B
VANGUARD CAPITAL MANAGEMENT LLCPassive$7.3M$7.16+$7.3M+$7.3M$4.04T
ROBOTTI ROBERT$5.5M$5.51−$537K−$557K+2.8%$641M
GEODE CAPITAL MANAGEMENT, LLCPassive$3.6M$11.04+$128K−$390K+2.3%$1.61T
STATE STREET CORPPassive$3.6M$11.35−$250K−$324K-0.2%$2.89T
HPM Partners LLC$3.1M$9.47−$0−$101K-0.1%$70.24B
FIRST MANHATTAN CO$2.3M$7.17−$416K−$257K-0.2%$36.06B
MORGAN STANLEY$1.8M$9.29+$32K−$359K-0.3%$1.65T
OPPENHEIMER & CO INC$1.6M$6.13+$18K+$485K-0.1%$8.20B
Glenorchy Capital Ltd$1.5M$8.71+$130K+$217K+2.9%$185M
SEMPER AUGUSTUS INVESTMENTS GROUP LLC$1.5M$5.76+$0−$24K+1.4%$777M
NORTHERN TRUST CORPPassive$1.4M$10.91+$87K−$261K-0.2%$755.34B
JPMORGAN CHASE & CO$1.1M$10.24−$163K−$153K-0.2%$1.47T
VANGUARD FIDUCIARY TRUST COPassive$962K$7.16+$962K+$962K$395.83B
HighTower Advisors, LLC$922K$9.46−$6K−$6K-0.2%$93.93B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$906K$7.16+$906K+$906K$1.91T
RENAISSANCE TECHNOLOGIES LLC$862K$9.11+$15K−$357K+1.2%$63.91B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.71%
avg per quarter
Holders (ex-self)
+0.72%
excl. this stock
Buyers (this Q)
+0.77%
36 buyers · $0.02B in
Sellers (this Q)
+1.15%
35 sellers · $-0.00B out
alpha coverage: 89% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-1.5%
how holders react when this stock falls
On quiet Qs
-7.1%
−10% to +10% baseline
On rallies (+10%+)
-17.2%
how they react when this stock rises
Holders' portfolio flow this Q
+1.2%
inflows — adds are organic
Sellers' portfolio flow this Q
-1.6%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+0.4%
Holder mid (any stock)
-1.8%
Holder rally (any stock)
-3.3%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

02.6M5.1M7.7M10.2M$5.06$7.28$9.50$12$142021-062022-062023-062024-062025-062026-03
hover the chart for per-quarter detailprice (right axis)
PRICE T ROWE ASSOCIATES INC /MD/13KFlat Footed LLCCarlyle Group L.P.WELLINGTON MANAGEMENT GROUP LLP19KOppenheimer & Close, LLC1.4MROBOTTI ROBERT768KFirst Eagle Investment Management, LLC1.1MMORGAN STANLEY252KInvesco Ltd.29KHPM Partners LLC435K

Analyst Coverage

Analyst Coverage
Analyst Ratings
1
Hold: 1Consensus: Hold

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$52K
1 txn · 1 insider · 7,000 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2025-11-11SELLPersily Juliedirector7,000$7.45$52K$637K

Order Flow (FINRA, ~3w lag)

14.3%retail-0.1pp
22.6%dark+4.3pp
week of 2026-04-13
5%10%15%20%25%30%35%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

SEACOR Marine Holdings Inc.: Fleet Liquidation Propping Up A Sinking Operational Ship

Overall Risk
7/10
Fraud
3/10
Dilution
4/10
Insolvency
6/10
Earnings Overstated
8/10
Hidden Liabilities
5/10
Legal
4/10
Audit Warnings
3/10
Hidden Upside
4/10
Contextually Acceptable
4/10