RDW
Redwire Corporation
RDW has the edge over SMHI overall, supported by stronger fundamentals and stronger modeled upside.
SMHI
SEACOR Marine Holdings Inc.
SMHI has lower modeled downside risk, despite its lower overall score.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
SMHI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Weak |
SMHI's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
SMHI PE Valuation
SMHI has no meaningful PE right now: it lost money over the past year.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
SMHI Forward outlook
There aren't enough analyst estimates for SMHI to show an outlook.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
SMHI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.44 | -$0.03 |
| Q2 2026 | -$0.73 | +$1.62 |
| Q1 2026 | -$1.11 | +$1.43 |
| Q4 2025 | -$1.06 | +$1.76 |
| Q3 2025 | -$1.41 | +$0.25 |
| Q2 2025 | -$2.35 | -$1.25 |
| Q1 2025 | -$2.54 | -$1.72 |
| Q4 2024 | -$2.82 | -$2.48 |
SMHI has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over SMHI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
SMHI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $57.3M | -3.3% |
| Q2 2026 | $54.6M | -10% |
| Q1 2026 | $44.3M | -20% |
| Q4 2025 | $52.3M | -25% |
| Q3 2025 | $59.2M | -14% |
| Q2 2025 | $60.8M | -13% |
| Q1 2025 | $55.5M | -12% |
| Q4 2024 | $69.8M | -9.4% |
SMHI's revenue has slid since its 2023 peak: $57M last quarter, down 3.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -2.4% | -33 points |
| Q2 2026 | 29% | +19 points |
| Q1 2026 | -14% | -4.9 points |
| Q4 2025 | -9.9% | -25 points |
| Q3 2025 | 31% | +40 points |
| Q2 2025 | 10% | +16 points |
| Q1 2025 | -9.5% | +7.4 points |
| Q4 2024 | 15% | -14 points |
SMHI has the edge over RDW on profitability, with a higher operating margin.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
SMHI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.2M | +$9.8M |
| Q2 2026 | -$19.6M | -$7.3M |
| Q1 2026 | -$21.2M | +$11M |
| Q4 2025 | -$20.6M | -474% |
| Q3 2025 | -$20M | -4909% |
| Q2 2025 | -$12.3M | +$615K |
| Q1 2025 | -$32.3M | -$21.7M |
| Q4 2024 | $5.5M | +$10.6M |
SMHI has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SMHI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -196K shares |
| 1 year | +1% | +269K shares |
| 3 years | -3.8% | -1M shares |
| 5 years | +2.5% | +642K shares |
| Available history | +11% | +2.6M shares |
SMHI has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SMHI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.2x | High |
| Q2 2026 | 4.0x | High |
| Q1 2026 | 5.1x | High |
| Q4 2025 | 4.4x | High |
| Q3 2025 | 3.2x | Elevated |
| Q2 2025 | 5.5x | High |
| Q1 2025 | 6.4x | High |
| Q4 2024 | 6.9x | High |
SMHI's net debt is about 6.2 years of its operating earnings (EBITDA), up from 3.2 years a year ago.
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
SMHI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.9 | Neutral |
| Stochastic | 60.0 | Neutral |
SMHI's weekly RSI is 52 (neutral) and its Stochastic is 60 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
SMHI PE vs Industrials Sector
| Metric | SMHI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
SMHI has no meaningful PE right now: it lost money over the past year.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
SMHI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.72 | 0.1% above |
| 20 week MA | $8.88 | 1.7% below |
| 50 week MA | $7.81 | 12% above |
| 100 week MA | $6.87 | 27% above |
| 200 week MA | $8.96 | 2.6% below |
SMHI has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.
SMHI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.9 | $2.80 | -80% |
| 2021 | $2.80 | $3.32 | +19% |
| 2022 | $3.32 | $9.39 | +183% |
| 2023 | $9.39 | $12.6 | +34% |
| 2024 | $12.6 | $6.22 | -51% |
| 2025 | $6.22 | $6.21 | -0.2% |
| 2026 YTD | $6.21 | $8.73 | +41% |
SMHI has the edge over RDW on returns for 2026, with the stronger performance.