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Seacor Marine Holdings Inc. SMHI Claims and insurance accruals

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Other financials

Income statement

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Revenue$44.3M-20.2%
Gross profit$6.7M-50.6%
Operating income-$6.4M-21.4%
Net income-$15.8M-2.0%
EPS (diluted)-$0.61-8.9%

Balance sheet

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Cash & equivalents$38.7M-9.9%
Total debt$328.4M-4.4%
Total equity$247.5M-12.8%
Total assets$640.7M-7.7%

Cash flow

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Operating cash flow-$15.1M-32.0%
CapEx$6.1M-70.7%
Free cash flow-$21.2M+34.2%

Valuation

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Market cap$205.4M+43.2%
Enterprise value$495.07M+9.7%
P/S+0.4×

Profitability

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Gross margin18.1%-9.5pp
Operating margin0.6%-0.3pp
Net margin-13%-4.4pp
FCF margin-34.2%

Returns & leverage

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Return on equity-10.6%-3.6pp
Debt / equity1.3×+0.1×
Current ratio2.4×+0.5×

Where this comes from

Reported directly by Seacor Marine Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:AccruedInsuranceCurrent.

The official record: Seacor Marine Holdings Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seacor Marine Holdings Inc.'s claims and insurance accruals?
Seacor Marine Holdings Inc. (SMHI) reported claims and insurance accruals of $3.53M in Q1 2026.
How has Seacor Marine Holdings Inc.'s claims and insurance accruals changed year-over-year?
Seacor Marine Holdings Inc.'s claims and insurance accruals increased by 17.1% year-over-year, from $3.01M to $3.53M.
What is the long-term trend for Seacor Marine Holdings Inc.'s claims and insurance accruals?
Over 5 years (2020 to 2025), Seacor Marine Holdings Inc.'s claims and insurance accruals has grown at a 8.2% compound annual growth rate (CAGR), from $2.27M to $3.37M.
What does claims and insurance accruals mean?
Represents the estimated liability for self-insured claims related to cargo damage, general liability, and workers' compensation for personnel. This reserve accounts for both reported claims and an estimate of claims incurred but not yet reported. It is a critical indicator of the company's risk exposure and the potential financial impact of operational incidents within its marine transportation services.