SMHI vs. TDW

Last updated Apr 2, 2026

Compare and contrast key facts about SEACOR Marine Holdings Inc. (SMHI) and Tidewater Inc. (TDW).

Performance

SMHI vs. TDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEACOR Marine Holdings Inc. (SMHI) and Tidewater Inc. (TDW). The values are adjusted to include any dividend payments, if applicable.

SMHI vs. TDW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMHI SEACOR Marine Holdings Inc.	19.44%	-8.23%	-47.90%	37.45%	169.41%	25.46%	-80.35%	17.26%	0.51%	-43.18%
TDW Tidewater Inc.	65.20%	-7.68%	-24.13%	95.69%	244.07%	23.96%	-55.14%	0.78%	-21.60%	-1.68%

Fundamentals

Market Cap SMHI : $188.54M TDW : $4.14B
EPS SMHI : -$1.07 TDW : $6.73
PS Ratio SMHI : 0.82 TDW : 3.06
PB Ratio SMHI : 0.71 TDW : 3.03
Total Revenue (TTM) SMHI : $227.83M TDW : $1.35B
Gross Profit (TTM) SMHI : $46.06M TDW : $305.59M
EBITDA (TTM) SMHI : $101.24M TDW : $478.57M

Returns By Period

In the year-to-date period, SMHI achieves a 19.44% return, which is significantly lower than TDW's 65.20% return.

SMHI

• 1D: 0.42%
• 1M: -4.39%
• YTD: 19.44%
• 6M: 11.82%
• 1Y: 43.80%
• 3Y*: -1.87%
• 5Y*: 6.17%
• 10Y*: —

TDW

• 1D: -0.13%
• 1M: 4.47%
• YTD: 65.20%
• 6M: 52.26%
• 1Y: 94.23%
• 3Y*: 23.70%
• 5Y*: 45.04%
• 10Y*: -8.39%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SMHI vs. TDW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMHI

SMHI Risk / Return Rank: 66
SMHI Sharpe Ratio Rank: 64
SMHI Sortino Ratio Rank: 64
SMHI Omega Ratio Rank: 60
SMHI Calmar Ratio Rank: 74
SMHI Martin Ratio Rank: 71

TDW

TDW Risk / Return Rank: 85
TDW Sharpe Ratio Rank: 85
TDW Sortino Ratio Rank: 84
TDW Omega Ratio Rank: 80
TDW Calmar Ratio Rank: 89
TDW Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMHI vs. TDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEACOR Marine Holdings Inc. (SMHI) and Tidewater Inc. (TDW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SMHI	TDW	Difference
Sharpe ratio Return per unit of total volatility	0.65	1.58	-0.93
Sortino ratio Return per unit of downside risk	1.39	2.37	-0.97
Omega ratio Gain probability vs. loss probability	1.16	1.30	-0.13
Calmar ratio Return relative to maximum drawdown	1.85	3.82	-1.97
Martin ratio Return relative to average drawdown	3.79	8.07	-4.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMHI vs. TDW - Sharpe Ratio Comparison

The current SMHI Sharpe Ratio is 0.65, which is lower than the TDW Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of SMHI and TDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMHI	TDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	1.58	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	0.84	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	-0.01	-0.16

Correlation

The correlation between SMHI and TDW is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SMHI vs. TDW - Dividend Comparison

Neither SMHI nor TDW has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMHI SEACOR Marine Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TDW Tidewater Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	0.00%	0.00%	0.04%	0.00%	14.37%

Drawdowns

SMHI vs. TDW - Drawdown Comparison

The maximum SMHI drawdown since its inception was -94.11%, smaller than the maximum TDW drawdown of -99.80%. Use the drawdown chart below to compare losses from any high point for SMHI and TDW.

Drawdown Indicators

	SMHI	TDW	Difference
Max Drawdown Largest peak-to-trough decline	-94.11%	-99.80%	+5.69%
Max Drawdown (1Y) Largest decline over 1 year	-22.75%	-25.49%	+2.74%
Max Drawdown (5Y) Largest decline over 5 years	-74.28%	-70.35%	-3.93%
Max Drawdown (10Y) Largest decline over 10 years	—	-98.55%	—
Current Drawdown Current decline from peak	-71.58%	-95.96%	+24.38%
Average Drawdown Average peak-to-trough decline	-60.10%	-48.75%	-11.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.11%	12.07%	-0.96%

Volatility

SMHI vs. TDW - Volatility Comparison

SEACOR Marine Holdings Inc. (SMHI) and Tidewater Inc. (TDW) have volatilities of 12.87% and 12.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMHI	TDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.87%	12.99%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	38.74%	35.32%	+3.42%
Volatility (1Y) Calculated over the trailing 1-year period	67.56%	59.85%	+7.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.01%	53.77%	+5.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.88%	68.67%	-0.79%

Financials

SMHI vs. TDW - Profitability Comparison

The chart below illustrates the profitability comparison between SEACOR Marine Holdings Inc. and Tidewater Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SMHI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SEACOR Marine Holdings Inc. reported a gross profit of 47.63M and revenue of 52.33M. Therefore, the gross margin over that period was 91.0%.

TDW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tidewater Inc. reported a gross profit of 0.00 and revenue of 336.80M. Therefore, the gross margin over that period was 0.0%.

SMHI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SEACOR Marine Holdings Inc. reported an operating income of -5.16M and revenue of 52.33M, resulting in an operating margin of -9.9%.

TDW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tidewater Inc. reported an operating income of 64.56M and revenue of 336.80M, resulting in an operating margin of 19.2%.

SMHI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SEACOR Marine Holdings Inc. reported a net income of -14.62M and revenue of 52.33M, resulting in a net margin of -27.9%.

TDW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tidewater Inc. reported a net income of 219.88M and revenue of 336.80M, resulting in a net margin of 65.3%.