CMRE
Costamare Inc
NYSE: CMRE · INDUSTRIALS · MARINE SHIPPING
$16.15
-2.18% today
Updated 2026-04-29
Market cap
$2.00B
P/E ratio
5.87
P/S ratio
2.31x
EPS (TTM)
$2.83
Dividend yield
2.14%
52W range
$6 – $18
Volume
0.4M
Costamare Inc (CMRE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $426.35M | $399.94M | $353.15M | $382.15M | $386.15M | $414.25M | $484.00M | $490.38M | $468.19M | $412.43M | $380.40M | $478.11M | $460.32M | $793.64M | $1.11B | $1.51B | $2.08B | $877.90M |
| Revenue growth (YoY) | — | -6.2% | -11.7% | +8.2% | +1.0% | +7.3% | +16.8% | +1.3% | -4.5% | -11.9% | -7.8% | +25.7% | -3.7% | +72.4% | +40.3% | +35.7% | +37.9% | -57.9% |
| Cost of revenue | $152.09M | $117.59M | $104.85M | $117.45M | $209.38M | $220.66M | $245.68M | $237.75M | $226.82M | $222.04M | $231.32M | $249.08M | $248.70M | $351.77M | $513.20M | $1.07B | $1.53B | $375.07M |
| Gross profit | $274.26M | $282.35M | $248.30M | $264.70M | $176.78M | $193.59M | $238.32M | $252.63M | $241.37M | $190.39M | $149.08M | $229.03M | $211.62M | $441.87M | $600.66M | $436.42M | $556.66M | $502.83M |
| Gross margin | 64.3% | 70.6% | 70.3% | 69.3% | 45.8% | 46.7% | 49.2% | 51.5% | 51.6% | 46.2% | 39.2% | 47.9% | 46.0% | 55.7% | 53.9% | 28.9% | 26.7% | 57.3% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $16.15M | $13.95M | $2.61M | $1.72M | $4.04M | $8.52M | $7.71M | $17.40M | $14.72M | $9.52M | $9.16M | $9.43M | $11.02M | $16.82M | $19.53M | $24.22M | $33.47M | $48.91M |
| Operating income | $179.50M | $191.59M | $155.88M | $170.66M | $154.87M | $169.01M | $214.69M | $217.91M | $166.06M | $137.01M | $117.16M | $173.12M | $60.33M | $441.35M | $662.25M | $468.01M | $462.26M | $453.92M |
| Operating margin | 42.1% | 47.9% | 44.1% | 44.7% | 40.1% | 40.8% | 44.4% | 44.4% | 35.5% | 33.2% | 30.8% | 36.2% | 13.1% | 55.6% | 59.5% | 31.0% | 22.2% | 51.7% |
| EBITDA | $258.48M | $261.23M | $180.27M | $190.23M | $181.47M | $214.97M | $313.70M | $290.48M | $251.71M | $245.62M | $222.73M | $298.48M | $181.02M | $643.45M | $828.09M | $699.28M | $619.87M | $603.25M |
| EBITDA margin | 60.6% | 65.3% | 51.0% | 49.8% | 47.0% | 51.9% | 64.8% | 59.2% | 53.8% | 59.6% | 58.6% | 62.4% | 39.3% | 81.1% | 74.3% | 46.3% | 29.7% | 68.7% |
| EBIT | $181.14M | $185.48M | $109.38M | $111.42M | $101.14M | $125.01M | $207.91M | $188.83M | $142.94M | $141.55M | $119.18M | $184.83M | $72.13M | $506.92M | $661.90M | $533.14M | $456.29M | $453.92M |
| Interest expense | $68.42M | $86.82M | $71.95M | $75.44M | $21.45M | $26.08M | $49.46M | $47.83M | $61.16M | $72.05M | $63.99M | $90.89M | $67.38M | $71.80M | $107.20M | $152.12M | $150.29M | $91.36M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $99.78M | $116.93M | $81.22M | $87.59M | $81.13M | $103.09M | $115.09M | $143.76M | $81.70M | $72.88M | $67.24M | $99.00M | $8.88M | $435.12M | $554.96M | $385.75M | $319.92M | $364.57M |
| Net income growth (YoY) | — | +17.2% | -30.5% | +7.8% | -7.4% | +27.1% | +11.6% | +24.9% | -43.2% | -10.8% | -7.7% | +47.2% | -91.0% | +4801.7% | +27.5% | -30.5% | -17.1% | +14.0% |
| Profit margin | 23.4% | 29.2% | 23.0% | 22.9% | 21.0% | 24.9% | 23.8% | 29.3% | 17.5% | 17.7% | 17.7% | 20.7% | 1.9% | 54.8% | 49.8% | 25.5% | 15.4% | 41.5% |