---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-023169"
form_type: "8-K"
ticker: "SMHI"
cik: "0001690334"
company_name: "SEACOR Marine Holdings Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:54:28.339117+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SEACOR Marine Q4 2023 op rev $73.1M +26%; net income $5.7M vs loss

## Summary
- Operating revenues $73.1M, +26.2% YoY; operating income $22.6M vs loss of $10.5M in Q4 2022.
- Net income $5.7M ($0.21 basic EPS) vs net loss $13.3M ($0.50 loss) in Q4 2022.
- Average day rate $18,031 (+30.7% YoY); DVP margin 40.8% up from 23.5%.
- Sold two non-core vessels for $36.5M total proceeds; recognized gains of $18.3M.
- Management sees strong demand in 2024; plans to upgrade four PSVs to hybrid power in late 2024/2025.

## SEC filing metadata
- accession: 0000950170-24-023169
- form_type: 8-K
- ticker: SMHI
- cik: 0001690334
- company_name: SEACOR Marine Holdings Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690334/000095017024023169/0000950170-24-023169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690334/000095017024023169/smhi-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-023169
- JSON: https://secwatch.observer/filing/0000950170-24-023169.json
- Plain text: https://secwatch.observer/filing/0000950170-24-023169.txt

## Key facts
- Earnings Releases
  SEACOR Marine Holdings Inc. reported financial results for the twelve months ended December 31, 2023.
  - Period: the twelve months ended December 31, 2023
  - Result: reported results
  source text: On February 29, 2024, SEACOR Marine Holdings Inc. (the “Company”) issued a press release setting forth its earnings for the three and twelve months ended December 31, 2023 (the “Earnings Release”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000095017024023169/0000950170-24-023169-index.htm
- Earnings Releases
  SEACOR Marine Holdings Inc. reported the fourth quarter ended December 31, 2023 results: revenue $73.1 million, net income $5.7 million ($0.21 earnings per basic share and $0.20 earnings per diluted share), EPS $0.21 earnings per basic share and $0.20 earnings per diluted share.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $73.1 million
  - Net income: $5.7 million ($0.21 earnings per basic share and $0.20 earnings per diluted share)
  - EPS: $0.21 earnings per basic share and $0.20 earnings per diluted share
  - Result: reported results
  source text: SEACOR Marine’s consolidated operating revenues for the fourth quarter of 2023 were $73.1 million, operating income was $22.6 million, and direct vessel profit (“DVP”) (1) was $29.8 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000095017024023169/0000950170-24-023169-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.