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SMHI (Seacor Marine Holdings) ROE % : -19.74% (As of Sep. 2024)


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What is Seacor Marine Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Seacor Marine Holdings's annualized net income for the quarter that ended in Sep. 2024 was $-65.4 Mil. Seacor Marine Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $331.2 Mil. Therefore, Seacor Marine Holdings's annualized ROE % for the quarter that ended in Sep. 2024 was -19.74%.

The historical rank and industry rank for Seacor Marine Holdings's ROE % or its related term are showing as below:

SMHI' s ROE % Range Over the Past 10 Years
Min: -24.25   Med: -16.2   Max: 7.82
Current: -13.19

During the past 9 years, Seacor Marine Holdings's highest ROE % was 7.82%. The lowest was -24.25%. And the median was -16.20%.

SMHI's ROE % is ranked worse than
93.25% of 948 companies
in the Transportation industry
Industry Median: 8.965 vs SMHI: -13.19

Seacor Marine Holdings ROE % Historical Data

The historical data trend for Seacor Marine Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seacor Marine Holdings ROE % Chart

Seacor Marine Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only -18.89 -18.37 7.82 -17.37 -2.47

Seacor Marine Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.97 6.20 -25.55 -14.55 -19.74

Competitive Comparison of Seacor Marine Holdings's ROE %

For the Marine Shipping subindustry, Seacor Marine Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seacor Marine Holdings's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Seacor Marine Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Seacor Marine Holdings's ROE % falls into.



Seacor Marine Holdings ROE % Calculation

Seacor Marine Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-9.314/( (378.825+373.903)/ 2 )
=-9.314/376.364
=-2.47 %

Seacor Marine Holdings's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-65.384/( (337.617+324.687)/ 2 )
=-65.384/331.152
=-19.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Seacor Marine Holdings  (NYSE:SMHI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-65.384/331.152
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-65.384 / 275.664)*(275.664 / 715.505)*(715.505 / 331.152)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.72 %*0.3853*2.1607
=ROA %*Equity Multiplier
=-9.14 %*2.1607
=-19.74 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-65.384/331.152
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-65.384 / -71.484) * (-71.484 / -33.208) * (-33.208 / 275.664) * (275.664 / 715.505) * (715.505 / 331.152)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9147 * 2.1526 * -12.05 % * 0.3853 * 2.1607
=-19.74 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Seacor Marine Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Seacor Marine Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Seacor Marine Holdings Business Description

Traded in Other Exchanges
N/A
Address
12121 Wickchester Lane, Suite 500, Houston, TX, USA, 77079
Seacor Marine Holdings Inc provides world-wide marine and support transportation services to offshore energy facilities globally. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment for offshore rigs and platforms. Its geographical segment includes the United States (Gulf of Mexico); Africa and Europe; Middle East and Asia and Latin America.
Executives
Jesus Llorca officer: EVP & CFO C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Everett Andrew H Ii officer: Sr. VP, General Counsel & Secy C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Gregory Scott Rossmiller officer: SVP & CAO 5643 WILLERS WAY, HOUSTON TX 77056
Julie Persily director 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Robert Christopher Regan director 318 MT. HOLLY ROAD, KATONAH NY 10536
Charles Fabrikant director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Robert D. Abendschein director SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
John M Gellert director, officer: President and CEO C/O SEACOR HOLDINGS, 460 PARK AVENUE, NEW YORK NY 10022
Anthony Weller officer: SVP/Managing Dir-Int'l Div C/O SEACOR MARINE HOLDINGS, 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Bejos Alfredo Miguel director C/O SEACOR MARINE HOLDINGS INC., 12121 WICKCHESTER LANE, SUITE 500, HOUSTON TX 77079
Andrew R Morse director 34 PLEASANT RIDGE RD, HARRISON NY 10528
Robert Clemons officer: EVP & COO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Matthew Cenac officer: Executive Vice President & CFO C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, PO BOX 13038, FORT LAUDERDALE FL 33316
Clyde Camburn officer: Senior VP and CAO C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2ND FLOOR, HOUMA LA 70360
Ferris Hussein director C/O SEACOR MARINE HOLDINGS INC., 7910 MAIN STREET, 2NS FLOOR, HOUMA LA 70360

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