Costamare Inc.

Costamare Inc.

CMRE
Costamare Inc.US flagNew York Stock Exchange
16.41
USD
-0.19
- -
1.98BMarket Cap
Costamare Inc.
CMRE
(New York Stock Exchange)

Recent

price

16.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.19
6.34
5.71
5.54
6.47
6.54
6.06
4.1
3.45
4.13
3.81
6.45
9.06
7.05
7.45
7.3
5.34
Revenue per Share
1.65
1.45
1.2
1.36
1.38
1.68
0.79
0.52
0.33
0.59
-0.18
3.28
4.26
2.95
2.44
2.86
2.69
Basic EPS, GAAP
1.49
-2.38
-1.44
-6.09
2.08
3.22
2.82
1.27
-0.02
1.63
1.43
-4.27
4.23
1.04
3.61
2.01
1.02
Free Cash Flow per Basic Share
0.2
1.02
1.08
1.09
1.24
1.36
0.97
0.38
0.45
0.51
0.54
0.58
0.97
0.6
0.62
0.66
0.67
Dividend per Share
-1.53
-0.81
-0.6
-0.27
- -
0.59
0.41
0.44
0.35
0.52
-0.08
2.77
6.07
8.69
10.73
7.23
7.72
Book Value per Share
7.37
5.47
7.7
8.78
10.73
12.84
13.91
12.12
12.28
12.18
11.17
14.02
17.57
20.28
21.53
17.96
18.47
Tangible Book Value per Share
49
60
68
75
75
75
77
101
110
116
121
123
123
120
119
120
120
Basic Weighted Avg Shares
353
382
386
414
484
490
468
412
380
478
460
794
1,114
848
888
878
643
Sales/Revenue/Turnover
44.19
41.2
40.8
40.67
43.83
44.12
44.43
39.32
31.65
41.47
38.88
49.82
47.98
56.03
55.73
51.71
68.35
Operating Margin (%)
71
79
80
90
106
102
101
96
96
114
109
137
166
127
126
130
99
Depreciation Expense
81
88
81
103
115
144
82
73
67
99
9
435
555
386
320
365
345
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
23
22.92
21.01
24.89
23.78
29.32
17.45
17.67
17.68
20.71
1.93
54.83
49.82
45.47
36.01
41.53
53.65
Profit Margin (%)
26
-88
51
-158
-132
-125
-70
-50
-54
-69
-15
56
592
455
295
292
377
Working Capital
1,227
1,290
1,400
1,661
1,561
1,353
1,188
984
1,464
1,326
1,421
2,269
2,265
2,137
1,410
1,247
1,240
LT Debt
362
330
520
657
803
964
1,074
1,219
1,357
1,411
1,349
1,726
2,160
2,439
2,569
2,159
2,224
Total Equity
9.47
9.06
8.17
7.31
8.33
8.51
8.31
6.58
4.42
6.64
6.07
10.96
11.84
9.67
10.56
11.4
10.17
Return on Invested Capital (%)
7.78
7.76
6.94
7.42
8.83
11.23
8.65
9.49
8.66
11.2
4.52
22.65
21.25
14.6
12.94
16.32
13.7
Return on Capital (%)
- -
- -
- -
- -
- -
567.38
160.25
137.88
89.08
136.37
- -
- -
96.29
39.57
25
31.99
28.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
272
268
254
LT Borrowings
1,310
1,247
1,240
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
121
121
Market Capitalization
1,429
1,898
2,035

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
664
691
769
Cash, Cash Equivalents & STI
558
594
654
Accounts Receivable, Net
10
12
14
Inventories
15
14
14
Total Current Liabilities
395
399
392
Payables & Accruals
34
41
43
ST Debt
272
268
254
Deferred Revenue
44
43
46

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.13%
11.08%
-15.95%
Free Cash Flow
-927.03%
-95.83%
-43.7%
Net Income, GAAP
469.01%
959.12%
13.96%
Sales/Revenue/Turnover
9.02%
18.49%
-1.19%
Total Cash Common Dividend
10.22%
24.63%
29.98%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
475
218
226
548
888
2025
223
-5
225
212
878
2026
211
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
0.77
- -
0.25
2.44
2025
0.79
- -
0.77
0.6
2.86
2026
0.62
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
- -
0.16
0.62
2025
0.17
- -
0.16
0.16
0.66
2026
0.18
- -
- -
- -
- -
Business
Costamare Inc. is an international owner and provider of containerships for charter, operating a fleet of 69 containerships with a total capacity of approximately 520,000 twenty-foot equivalent units (TEU). The company's core products and services include owning, managing, and chartering high-quality containerships of varying sizes—including feeder, Panamax, and post-Panamax vessels—that serve short, medium, and long-haul routes across global geographical trades. Costamare provides time-charter services primarily to financially strong and leading liner companies under multi-year contracts, ensuring consistent utilization and operational efficiency. It also participates in a leasing business that offers financing solutions to third-party shipowners. Costamare serves an international market with a significant presence in Asia, Europe, and the United States. Founded in 1975 and headquartered in Monaco, the company operates through various subsidiaries and has maintained a strong reputation for reliable shipping services. In recent years, Costamare has undergone significant strategic changes, most notably the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited, completed in May 2025. This spin-off separated its dry bulk vessels—which had grown to a fleet of about 37 dry bulk carriers—from its containership operations, allowing Costamare to focus exclusively on container shipping. Post-spin-off, Costamare continues to own and operate its containership fleet while retaining control over Neptune Maritime Leasing, a leasing platform. Additionally, Costamare has concluded multiple shipbuilding contracts and exercised options for newbuild containerships, reflecting a commit­ment to fleet renewal and expansion to meet evolving market demands. The company has also established long-term partnerships with major liners and logistics providers globally, reinforcing its position as a leading containership owner and operator. Costamare operates primarily in the international shipping industry with a focus on containerized cargo transportation. Its containerships are chartered mainly to liner companies, while its former dry bulk operations transported major bulk commodities such as iron ore, coal, and grains. The company's shipping management services are supported by Costamare Shipping Company S.A., which manages its fleet with a team of highly experienced maritime professionals. Costamare's corporate governance and strategic management emphasize long-term customer relationships, fleet utilization efficiency, and prudent expansion of its asset base. The company trades on the New York Stock Exchange under the ticker CMRE and continues to uphold its reputation as a dependable chartering partner in global maritime logistics. This description reflects the company's status and strategic focus as of late 2025 following the spin-off and recent fleet developments.

Company News

MCPAPIChat
  • Costamare Bulkers: Cleaner Deck, But Still Lacks A Compass

  • 13 Lucky Dogs: June Graham Value All-Stars (GVAS)

  • Costamare Bulkers Holdings Limited (CMDB) Q1 2026 Earnings Call Prepared Remarks Transcript

  • Costamare Bulkers Holdings Limited Reports Results For the First Quarter Ended March 31, 2026

  • Costamare Bulkers Holdings Limited Sets the Date for Its First Quarter 2026 Results Release, Conference Call and Webcast

  • Costamare Inc. (CMRE) Q1 2026 Earnings Call Prepared Remarks Transcript

  • Costamare Inc. Reports Results For The First Quarter Ended March 31, 2026

  • Costamare Inc. Sets the Date for Its First Quarter 2026 Results Release, Conference Call and Webcast

  • Buy 14 Ideal Graham Value All-Stars Of 27 'Safer' Dividends In 71 April/May GVAS

  • SG Americas Securities LLC Has $1.26 Million Stake in Costamare Inc. $CMRE

  • Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock

  • Costamare: Protected In The Near Term, Pressured In The Medium Term

  • Costamare Bulkers Holdings Limited Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2025

  • Costamare (NYSE:CMRE) Stock Price Passes Above 200 Day Moving Average – What’s Next?

  • Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2025

  • Costamare Bulkers Holdings Limited Reports Results for the Fourth Quarter and Year Ended December 31, 2025

  • Costamare Inc. (CMRE) Q4 2025 Earnings Call Transcript

  • Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2025

  • Costamare Inc. Sets the Date for its Fourth Quarter 2025 Results Release, Conference Call and Webcast

  • Costamare Bulkers Holdings Limited Sets the Date for its Fourth Quarter 2025 Results Release, Conference Call and Webcast