SEACOR Marine Holdings Inc. (SMHI) Income Statement Analysis

See more : Christian Berner Tech Trade AB (publ) (CBTT-B.ST) Income Statement Analysis – Financial Results

Complete financial analysis of SEACOR Marine Holdings Inc. (SMHI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SEACOR Marine Holdings Inc., a leading company in the Marine Shipping industry within the Industrials sector.

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SEACOR Marine Holdings Inc. (SMHI)

Industry: Marine Shipping

Sector: Industrials

Website: https://www.seacormarine.com

About SEACOR Marine Holdings Inc.

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.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	279.51M	217.33M	170.94M	141.84M	201.49M	253.61M	173.78M	215.64M	368.87M	529.94M	567.26M
Cost of Revenue	213.47M	231.81M	190.89M	155.84M	203.90M	258.81M	222.38M	224.99M	337.70M	365.09M	382.05M
Gross Profit	66.04M	-14.49M	-19.95M	-14.00M	-2.40M	-5.20M	-48.60M	-9.36M	31.17M	164.85M	185.22M
Gross Profit Ratio	23.63%	-6.67%	-11.67%	-9.87%	-1.19%	-2.05%	-27.96%	-4.34%	8.45%	31.11%	32.65%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	49.18M	40.91M	37.64M	40.05M	44.73M	52.81M	56.22M	49.31M	53.09M	58.35M	60.28M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	49.18M	40.91M	37.64M	40.05M	44.73M	52.81M	56.22M	49.31M	53.09M	58.35M	60.28M
Other Expenses	0.00	0.00	-7.00K	-66.00K	-109.00K	645.00K	-3.42M	-9.51M	-4.44M	0.00	0.00
Operating Expenses	49.18M	40.91M	37.64M	40.05M	44.73M	52.81M	56.22M	49.31M	53.09M	88.88M	104.58M
Cost & Expenses	243.99M	272.72M	228.53M	195.89M	248.62M	311.63M	278.60M	274.30M	390.79M	453.97M	486.63M
Interest Income	1.44M	784.00K	1.30M	1.27M	1.45M	1.23M	1.81M	4.46M	1.53M	5.95M	11.08M
Interest Expense	37.50M	29.71M	28.11M	30.69M	30.06M	27.87M	16.53M	10.01M	4.12M	0.00	0.00
Depreciation & Amortization	53.82M	55.96M	57.40M	57.17M	57.17M	68.84M	62.78M	58.07M	61.73M	64.62M	65.42M
EBITDA	86.68M	16.28M	-189.00K	-8.82M	2.20M	3.05M	-37.71M	-122.23M	13.27M	106.50M	124.94M
EBITDA Ratio	31.01%	-18.51%	-27.41%	-37.26%	-22.73%	-22.14%	-61.24%	-2.62%	10.00%	20.10%	22.02%
Operating Income	35.52M	-54.00M	-37.15M	-71.64M	-52.53M	-66.76M	-128.36M	-174.89M	-38.94M	41.88M	59.52M
Operating Income Ratio	12.71%	-24.85%	-21.73%	-50.51%	-26.07%	-26.33%	-73.86%	-81.10%	-10.56%	7.90%	10.49%
Total Other Income/Expenses	-36.03M	-16.08M	43.78M	-26.47M	-30.15M	-24.81M	12.62M	-15.42M	-13.64M	-8.88M	-32.15M
Income Before Tax	-515.00K	-70.08M	6.63M	-98.11M	-82.84M	-91.98M	-117.02M	-190.31M	-52.58M	70.02M	69.55M
Income Before Tax Ratio	-0.18%	-32.25%	3.88%	-69.17%	-41.11%	-36.27%	-67.34%	-88.25%	-14.25%	13.21%	12.26%
Income Tax Expense	8.80M	8.58M	11.49M	-22.92M	-7.91M	-13.35M	-74.41M	-63.47M	-16.97M	21.03M	19.55M
Net Income	-9.31M	-78.66M	-4.87M	-75.18M	-74.92M	-77.61M	-32.90M	-132.05M	-27.25M	48.08M	49.72M
Net Income Ratio	-3.33%	-36.19%	-2.85%	-53.01%	-37.18%	-30.60%	-18.93%	-61.24%	-7.39%	9.07%	8.76%
EPS	-0.34	-2.95	-0.19	-3.03	-3.19	-3.71	-1.87	-7.47	-1.54	2.72	2.81
EPS Diluted	-0.34	-2.95	-0.19	-3.03	-3.19	-3.71	-1.87	-7.46	-1.54	2.72	2.81
Weighted Avg Shares Out	27.08M	26.63M	25.44M	24.79M	23.51M	20.93M	17.60M	17.67M	17.67M	17.67M	17.67M
Weighted Avg Shares Out (Dil)	27.08M	26.63M	25.50M	24.79M	23.51M	20.93M	17.60M	17.70M	17.70M	17.67M	17.67M

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SEACOR Marine Announces Debt Payoff Agreement

June 11, 2021globenewswire.com

HOUSTON, June 11, 2021 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, announced that Falcon Global USA LLC (“FGUSA”), an indirect...

SEACOR Marine Announces First Quarter 2021 Results

May 6, 2021globenewswire.com

HOUSTON, May 06, 2021 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March...

SEACOR Marine Announces Changes to Board of Directors

April 28, 2021globenewswire.com

HOUSTON, April 28, 2021 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, announced that directors Charles Fabrikant and Robert (Bob) D....

Seacor Marine Announces Fourth Quarter 2020 Results

March 11, 2021globenewswire.com

HOUSTON, March 11, 2021 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its fourth quarter and full...

SEACOR Marine Signs the Neptune Declaration on Seafarer Wellbeing and Crew Change

February 26, 2021globenewswire.com

HOUSTON, Feb. 26, 2021 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, has joined more...

SEACOR Marine Completes Sale of Windfarm Support Business

January 15, 2021globenewswire.com

HOUSTON, Jan. 15, 2021 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced that...