$7.18
-4.3%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.
Weak cash conversion. Significant portion of earnings not converting to cashโreview working capital trends and capital intensity.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Flat FCF growth. Stable but not expandingโmonitor for signs of business maturity or temporary headwinds.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
SMHI โข NYSE
| SEACOR Marine Holdings Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||||||
-78.1M | -78.1M | -9.3M | -71.7M | 10.2M | -79.3M | -98.3M | -82.1M | -38.5M | -133.2M | -26.8M | 48.1M | 49.7M | |
51.6M | 51.6M | 53.8M | 56M | 57.4M | 57.2M | 64M | 72.2M | 62.8M | 58.1M | 61.7M | 64.6M | 65.4M | |
-13.7M | -13.7M | -5.1M | 97K | 4.9M | 2.3M | -12.9M | -22.7M | -61M | -48M | -16.5M | 0.0 | 0.0 | |
6.5M | 6.5M | 6M | 0.0 | 0.0 | 0.0 | 5.9M | 4.4M | 1.4M | 0.0 | 0.0 | 4.4M | 4.2M | |
24M | 26.6M | -8.4M | -8.4M | -80.2M | 40.3M | 43.8M | 11.8M | 41.4M | -13.1M | -37.7M | -64.6M | -22.8M | |
(0.0) | (0.0) | (3M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-523K | -3.2M | -28.1M | 9.4M | 26M | -42M | 12.9M | -36.7M | 28.7M | -19.4M | 19.4M | 16.4M | -1.7M | |
-10.3M | -10.3M | 8.9M | -14.6M | 18.2M | -21.5M | 15.4M | -53M | 34.7M | -29.2M | 20.2M | 68.9M | 94.9M | |
INVESTING ACTIVITIES | |||||||||||||
-7.3M | -7.3M | -10.6M | -462K | -7M | -20.8M | -60.6M | -52M | -69M | -100.9M | -87.8M | -83.5M | -111.5M | |
(0.0) | (24.9M) | (0.0) | (6.7M) | (68.9M) | (29.8M) | -17M | -35.7M | -5.7M | -16.9M | -9.8M | (0.0) | -11.1M | |
(0.0) | (0.0) | (0.0) | (0.0) | -3M | -10.7M | -17.4M | -43.7M | -369K | -373K | -38.1M | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 66M | 172K | 0.0 | 461K | 16.3M | 7.6M | 41.9M | 15.2M | 0.0 | 0.0 | |
24.9M | 0.0 | 59.7M | -14.5M | 3.3M | -2.9M | 110.1M | 56.5M | 35.3M | 60.5M | 32.3M | 176.5M | 103.4M | |
(17.6M) | (17.6M) | (49.1M) | (57.8M) | (62.4M) | -4.5M | (15.6M) | -31.1M | -32.3M | -15.7M | -88.2M | (93M) | -19.2M | |
FINANCING ACTIVITIES | |||||||||||||
-13.8M | 140K | 24K | 151K | 11K | 2K | 1.4M | 43M | 0.0 | 0.0 | 6.9M | 0.0 | 0.0 | |
-11.7M | -7.8M | -12.8M | -38.2M | -78.1M | -22.6M | -24M | 11.6M | -5.4M | 15.8M | 161.8M | -86.6M | -72.4M | |
-2.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -1.7M | -1.7M | -2.7M | (0.0) | -1.8M | -400K | -200K | |
-13.8M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
13.1M | -7.6M | -4.2M | -3.4M | -785K | 941K | -3.4M | 16.4M | -3.7M | -205K | -51.7M | -726K | -858K | |
-15.3M | -15.3M | -17M | -41.4M | -78.9M | -21.7M | -25.9M | 69.3M | -11.7M | 15.6M | 115.1M | -87.7M | -73.5M | |
CASH FLOW SUMMARY | |||||||||||||
0.0 | 0.0 | 3K | -4K | 3.5M | -810K | -14.9M | -775K | 2.2M | -2.5M | -1.6M | -2.3M | 462K | |
-8M | -8M | 41.1M | 1.8M | 5.2M | -48.5M | -9.8M | -15.7M | -7.1M | -31.7M | 45.5M | 71.9M | 2.7M | |
84.1M | 84.1M | 43M | 41.2M | 36M | 84.5M | 96.9M | 112.6M | 117.3M | 150.5M | 104.8M | 32.9M | 30.2M | |
76.1M | 76.1M | 84.1M | 43M | 41.2M | 36M | 87M | 96.9M | 110.2M | 118.8M | 150.2M | 104.8M | 32.9M | |
-17.6M | -17.6M | -1.7M | -15.1M | 11.2M | -42.3M | -45.2M | -105M | -34.3M | -130.1M | -67.6M | -14.6M | -16.6M |
SMHI - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 20, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 16, 2026 | June 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 13, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 29, 2025 | October 29, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 29, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 03, 2025 | September 29, 2025 | 2025 |
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