Costamare Financial Statements From 2010 to 2025

CMRE Stock  USD 10.45  0.16  1.55%   
Costamare financial statements provide useful quarterly and yearly information to potential Costamare investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Costamare financial statements helps investors assess Costamare's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Costamare's valuation are summarized below:
Gross Profit
720.9 M
Profit Margin
0.1535
Market Capitalization
1.2 B
Enterprise Value Revenue
1.3525
Revenue
2.1 B
There are over one hundred nineteen available fundamental signals for Costamare, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Costamare's prevailing performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. As of March 19, 2025, Market Cap is expected to decline to about 769.4 M. In addition to that, Enterprise Value is expected to decline to about 2 B

Costamare Total Revenue

2.19 Billion

Check Costamare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Costamare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 123.8 M, Interest Expense of 94.4 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0459 or PTB Ratio of 0.64. Costamare financial statements analysis is a perfect complement when working with Costamare Valuation or Volatility modules.
  
Check out the analysis of Costamare Correlation against competitors.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.

Costamare Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.3 B5.1 B3.2 B
Slightly volatile
Short and Long Term Debt Total1.9 B2.4 B1.8 B
Slightly volatile
Other Current Liabilities347 M330.5 M88.4 M
Slightly volatile
Total Current Liabilities782.8 M745.6 M366.3 M
Slightly volatile
Other Liabilities41.7 M46.5 M52.3 M
Slightly volatile
Property Plant And Equipment Net2.7 B3.7 B2.6 B
Slightly volatile
Current Deferred Revenue50.2 M47.8 M20.6 M
Slightly volatile
Net Debt1.7 B1.6 B1.6 B
Slightly volatile
Accounts Payable51.9 M49.4 M15.5 M
Slightly volatile
Cash758.9 M722.8 M295.9 M
Slightly volatile
Non Current Assets TotalB4.1 B2.8 B
Slightly volatile
Non Currrent Assets Other116.2 M73.9 M102.5 M
Pretty Stable
Long Term Debt1.6 B1.7 B1.5 B
Slightly volatile
Cash And Short Term Investments778.3 M741.3 M308.5 M
Slightly volatile
Net Receivables92.7 M88.3 M28.9 M
Slightly volatile
Common Stock Shares Outstanding97.4 M119.3 M94.2 M
Slightly volatile
Liabilities And Stockholders Equity3.3 B5.1 B3.2 B
Slightly volatile
Non Current Liabilities Total1.7 B1.8 B1.6 B
Slightly volatile
Inventory60.5 M57.7 M21.7 M
Slightly volatile
Other Current Assets160.7 M153 M50.4 M
Slightly volatile
Other Stockholder Equity1.1 B1.2 BB
Slightly volatile
Total Liabilities2.1 B2.6 BB
Slightly volatile
Property Plant And Equipment GrossB5.1 B2.9 B
Slightly volatile
Total Current Assets1.1 BB418 M
Slightly volatile
Short Term Debt242.3 M317.9 M236.1 M
Slightly volatile
Property Plant Equipment2.6 B4.2 B2.6 B
Slightly volatile
Common Stock Total Equity9.9 K13.8 K9.9 K
Slightly volatile
Common Stock14.2 K14.9 K228.3 K
Pretty Stable
Deferred Long Term Liabilities66.5 M63.3 M34.6 M
Slightly volatile
Long Term Investments124.4 M228.8 M97.1 M
Slightly volatile
Short and Long Term Debt303.3 M317.9 M672.8 M
Slightly volatile
Net Tangible Assets1.5 B2.5 B1.3 B
Slightly volatile
Long Term Debt Total1.4 B1.5 B1.3 B
Pretty Stable
Capital Surpluse1.3 B1.6 B1.2 B
Slightly volatile
Net Invested Capital3.9 B4.5 B2.9 B
Slightly volatile
Good Will900.8 K927 K1.1 M
Slightly volatile
Capital Stock14.2 K14.9 K229.8 K
Pretty Stable
Intangible Assets70.3 K74 K901 K
Slightly volatile
Non Current Liabilities Other11.2 M11.1 M9.4 M
Slightly volatile

Costamare Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization123.8 M163.6 M118.2 M
Slightly volatile
Interest Expense94.4 M140 M87.2 M
Slightly volatile
Selling General Administrative17.9 M33.5 M17.3 M
Slightly volatile
Total Revenue2.2 B2.1 B779.6 M
Slightly volatile
Gross Profit322.8 M556.7 M298.8 M
Slightly volatile
Other Operating Expenses1.7 B1.6 B509.7 M
Slightly volatile
Operating Income243.2 M463.9 M228.4 M
Slightly volatile
EBIT242 M456.3 M226.7 M
Slightly volatile
EBITDA365.8 M619.9 M344.9 M
Slightly volatile
Cost Of Revenue1.6 B1.5 B464.5 M
Slightly volatile
Total Operating Expenses99.1 M94.4 M52.3 M
Slightly volatile
Income Before Tax196.7 M316.3 M183.5 M
Slightly volatile
Selling And Marketing Expenses42.3 M59.3 M50.9 M
Slightly volatile
Net Income From Continuing Ops236.5 M316.3 M191.4 M
Slightly volatile
Interest Income34.8 M33.2 M35.1 M
Slightly volatile
Non Recurring14.4 M16.2 M17.6 M
Slightly volatile
Reconciled Depreciation144.1 M163.6 M116.7 M
Slightly volatile

Costamare Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow866.5 M825.2 M289.4 M
Slightly volatile
Depreciation118.4 M163.6 M112.6 M
Slightly volatile
Dividends Paid69.9 M74.1 M86.5 M
Slightly volatile
Capital Expenditures229 M280.5 M228.8 M
Very volatile
Total Cash From Operating Activities287 M537.7 M277 M
Slightly volatile
Net Income184.4 M316.3 M177.3 M
Slightly volatile
End Period Cash Flow816.8 M777.9 M327.8 M
Slightly volatile
Stock Based Compensation6.3 M8.4 M6.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.70.73561.6867
Slightly volatile
Dividend Yield0.04590.04840.1045
Slightly volatile
Days Sales Outstanding8.6115.461811.384
Very volatile
Operating Cash Flow Per Share3.314.50733.0226
Very volatile
Average Payables4.8 M4.3 M4.3 M
Slightly volatile
Stock Based Compensation To Revenue0.00380.0040.0112
Slightly volatile
Capex To Depreciation2.151.71462.1129
Pretty Stable
EV To Sales1.441.51684.4089
Slightly volatile
Inventory Turnover15.1526.488719.7448
Pretty Stable
Days Of Inventory On Hand22.9813.779519.3335
Slightly volatile
Payables Turnover37.4930.936.1358
Slightly volatile
Sales General And Administrative To Revenue0.01730.01610.0214
Slightly volatile
Capex To Revenue0.130.13460.3876
Slightly volatile
Cash Per Share6.526.21362.9754
Slightly volatile
POCF Ratio2.712.8509219
Very volatile
Interest Coverage2.053.31472.5781
Very volatile
Capex To Operating Cash Flow0.50.521664.2623
Very volatile
Days Payables Outstanding13.5211.812311.2944
Slightly volatile
Income Quality2.771.69983.6676
Pretty Stable
EV To Operating Cash Flow5.585.8781905
Very volatile
Intangibles To Total Assets0.00.03.0E-4
Slightly volatile
Net Debt To EBITDA2.492.6265.0387
Slightly volatile
Current Ratio0.741.39520.9466
Slightly volatile
Receivables Turnover22.4323.606637.6775
Slightly volatile
Graham Number37.4435.654423.8236
Slightly volatile
Capex Per Share2.622.35112.5492
Pretty Stable
Average Receivables10.3 M16.2 M10.4 M
Slightly volatile
Revenue Per Share18.3417.46787.8186
Slightly volatile
Interest Debt Per Share24.5920.87621.4609
Slightly volatile
Debt To Assets0.670.45650.5966
Slightly volatile
Enterprise Value Over EBITDA9.375.09918.509
Slightly volatile
Short Term Coverage Ratios1.431.69161.2983
Very volatile
Operating Cycle34.8329.241330.92
Very volatile
Days Of Payables Outstanding13.5211.812311.2944
Slightly volatile
Price To Operating Cash Flows Ratio2.712.8509219
Very volatile
Pretax Profit Margin0.30.15180.2614
Very volatile
Ebt Per Ebit0.60.68190.7296
Pretty Stable
Operating Profit Margin0.410.22260.364
Slightly volatile
Long Term Debt To Capitalization0.660.40570.5755
Slightly volatile
Total Debt To Capitalization0.730.48320.6362
Slightly volatile
Return On Capital Employed0.09090.10540.0796
Very volatile
Ebit Per Revenue0.410.22260.364
Slightly volatile
Quick Ratio0.71.31790.8974
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.081.51631.3273
Pretty Stable
Cash Ratio0.540.96940.6854
Slightly volatile
Cash Conversion Cycle21.3117.42919.6256
Slightly volatile
Operating Cash Flow Sales Ratio0.480.2580.4446
Pretty Stable
Days Of Inventory Outstanding22.9813.779519.3335
Slightly volatile
Days Of Sales Outstanding8.6115.461811.384
Very volatile
Cash Flow Coverage Ratios0.240.22880.1532
Slightly volatile
Fixed Asset Turnover0.590.56550.2678
Slightly volatile
Capital Expenditure Coverage Ratio1.821.917112.563
Pretty Stable
Price Cash Flow Ratio2.712.8509219
Very volatile
Enterprise Value Multiple9.375.09918.509
Slightly volatile
Debt Ratio0.670.45650.5966
Slightly volatile
Cash Flow To Debt Ratio0.240.22880.1532
Slightly volatile
Price Sales Ratio0.70.73561.6867
Slightly volatile
Asset Turnover0.420.40470.2135
Slightly volatile
Gross Profit Margin0.250.26710.4674
Slightly volatile

Costamare Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap769.4 M1.5 B926 M
Slightly volatile
Enterprise ValueB3.2 B2.4 B
Slightly volatile

Costamare Fundamental Market Drivers

Cash And Short Term Investments741.3 M

Costamare Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Costamare Financial Statements

Costamare stakeholders use historical fundamental indicators, such as Costamare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Costamare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Costamare's assets and liabilities are reflected in the revenues and expenses on Costamare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Costamare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue47.8 M50.2 M
Total Revenue2.1 B2.2 B
Cost Of Revenue1.5 B1.6 B
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.13  0.13 
Revenue Per Share 17.47  18.34 
Ebit Per Revenue 0.22  0.41 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Costamare is a strong investment it is important to analyze Costamare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:
Check out the analysis of Costamare Correlation against competitors.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costamare. If investors know Costamare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costamare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
0.46
Earnings Share
2.44
Revenue Per Share
17.468
Quarterly Revenue Growth
0.108
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costamare's market value can be influenced by many factors that don't directly affect Costamare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.