Company research
Costamare Inc.
CIK 1503584Updated Sep 26, 2026
CMRE price & chart
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,862,662,000Source | 5,148,687,000Source | 5,287,022,000Source | 4,896,229,000Source |
| Property, Plant and Equipment, NetUSD | — | 3,387,012,000Source | 3,446,797,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 0Source | 74,000Source | 269,000Source | 468,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 519,847,000Source | 704,633,000Source | 745,544,000Source | 718,049,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | 45,509,000Source | — | 26,943,000Source |
| Inventory, NetUSD | 14,121,000Source | 57,656,000Source | 61,266,000Source | 28,039,000Source |
| Assets, CurrentUSD | 690,668,000Source | 1,040,216,000Source | 1,117,661,000Source | 1,014,622,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,125,000Source | 297,975,000Source | 284,398,000Source | — |
| Other Assets, NoncurrentUSD | — | — | — | 0Source |
| LIABILITIES AND EQUITY | ||||
| Commitments and ContingenciesUSD | — | — | — | 0Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 13,000Source | 13,000Source | 13,000Source | 12,000Source |
| Additional Paid in CapitalUSD | 1,333,223,000Source | 1,336,646,000Source | 1,435,294,000Source | 1,423,954,000Source |
| Retained Earnings (Accumulated Deficit)USD | 868,733,000Source | 1,279,605,000Source | 1,045,932,000Source | 746,658,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 4,320,000Source | 17,345,000Source | 21,387,000Source | 46,421,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,086,194,000Source | 2,513,514,000Source | 2,382,531,000Source | 2,156,950,000Source |
| Liabilities and EquityUSD | 3,862,662,000Source | 5,148,687,000Source | 5,287,022,000Source | 4,896,229,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 398,568,000Source | 745,560,000Source | 662,770,000Source | 423,090,000Source |
| Operating Lease, Liability, CurrentUSD | — | 205,172,000Source | 160,993,000Source | — |
| Accounts Payable, CurrentUSD | — | 49,425,000Source | — | 18,155,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | 87,424,000Source | 114,063,000Source | — |
| Other Liabilities, NoncurrentUSD | 15,225,000Source | 11,099,000Source | 9,184,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 72,762,000Source | 57,545,000Source | 56,229,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 22,620,000Source | 31,885,000Source | 39,521,000Source | 51,551,000Source |
| Deferred Revenue, CurrentUSD | 42,627,000Source | 47,813,000Source | 52,177,000Source | 25,227,000Source |
| Deferred Revenue, NoncurrentUSD | 43,161,000Source | 14,620,000Source | 27,352,000Source | 34,540,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 268,131,000Source | 317,865,000Source | 347,027,000Source | 320,114,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,246,707,000Source | 1,716,204,000Source | 1,999,193,000Source | 2,264,507,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 0Source | -2,453,000Source | 629,000Source | 3,487,000Source |
| Short-term InvestmentsUSD | 19,276,000Source | 18,499,000Source | 17,492,000Source | 120,014,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 369,000,000Source | 316,334,000Source | 381,019,000Source | 554,692,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 129,538,000Source | 164,206,000Source | 166,340,000Source | 165,998,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 6,979,000Source | 8,427,000Source | 5,850,000Source | 7,089,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 5,792,000Source | 24,272,000Source | 36,619,000Source | 6,150,000Source |
| Increase (Decrease) in InventoriesUSD | 965,000Source | -3,610,000Source | 32,975,000Source | 6,674,000Source |
| Increase (Decrease) in Accounts PayableUSD | 3,319,000Source | 2,656,000Source | 27,896,000Source | -710,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | 537,716,000Source | 331,368,000Source | 581,593,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | -2,796,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -79,507,000Source | 79,093,000Source | 42,488,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 0Source | 0Source | 60,000,000Source | 60,095,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | -505,477,000Source | -396,815,000Source | -166,051,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -207,659,000Source | -47,268,000Source | 13,646,000Source | 458,030,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 570,277,000Source | 777,936,000Source | 825,204,000Source | 811,558,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 92,222,000Source | 147,070,000Source | 152,628,000Source | 100,699,000Source |
| Additional Financial Items | ||||
| Amortization of Deferred ChargesUSD | 19,794,000Source | 23,627,000Source | 19,782,000Source | 13,486,000Source |
| Amortization of Debt Issuance CostsUSD | 6,354,000Source | 8,876,000Source | 8,918,000Source | 10,255,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 6,277,000Source | 7,826,000Source | 8,125,000Source | 10,255,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | 0Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 20,258,000Source | -38,052,000Source | 4,801,000Source | 2,698,000Source |
| General and Administrative ExpenseUSD | 10,099,000Source | 22,091,000Source | 15,674,000Source | 9,737,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 396,547,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -27,547,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | 12,000Source | 764,000Source | 2,296,000Source |
| Investment Income, InterestUSD | 19,317,000Source | 33,185,000Source | 32,447,000Source | 5,956,000Source |
| Net Income (Loss) Attributable to ParentUSD | 364,575,000Source | 319,919,000Source | 385,749,000Source | 554,955,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 4,425,000Source | -3,585,000Source | -4,730,000Source | -263,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 343,655,000Source | 290,677,000Source | 354,681,000Source | 523,887,000Source |
| Nonoperating Income (Expense)USD | -59,643,000Source | -145,927,000Source | -86,989,000Source | -107,554,000Source |
| Operating Costs and ExpensesUSD | 162,481,000Source | 240,207,000Source | 258,088,000Source | 269,231,000Source |
| Operating Lease, Impairment LossUSD | — | 0Source | — | — |
| Operating Lease, Lease IncomeUSD | — | 932,080,000Source | 490,679,000Source | — |
| Payments of Financing CostsUSD | 3,022,000Source | 3,381,000Source | 25,149,000Source | 20,129,000Source |
| Payments to Acquire InvestmentsUSD | 37,816,000Source | 72,064,000Source | 199,555,000Source | 178,718,000Source |
| Proceeds from Noncontrolling InterestsUSD | 6,110,000Source | — | 3,750,000Source | 3,750,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | — | 376,000Source | — | — |
| Unrealized Gain (Loss) on InvestmentsUSD | 543,000Source | 926,000Source | 3,618,000Source | 1,296,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 877,900,000Source | 2,083,894,000Source | 1,511,406,000Source | 1,113,859,000Source |
| Operating Income (Loss)USD | 456,190,000Source | 462,261,000Source | 468,008,000Source | 662,246,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 4,425,000Source | -3,585,000Source | -4,730,000Source | -263,000Source |
| Net Income (Loss) Attributable to ParentUSD | 364,575,000Source | 319,919,000Source | 385,749,000Source | 554,955,000Source |
| Earnings Per Share, BasicUSD per share | 2.86Source | 2.44Source | 2.95Source | 4.26Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 120,198,853Source | 119,299,405Source | 120,299,172Source | 122,964,358Source |
| Additional Financial Items | ||||
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 0Source | 0Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 20,258,000Source | -38,052,000Source | 4,801,000Source | 2,698,000Source |
| General and Administrative ExpenseUSD | 10,099,000Source | 22,091,000Source | 15,674,000Source | 9,737,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 396,547,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 3.09Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -27,547,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | 12,000Source | 764,000Source | 2,296,000Source |
| Interest ExpenseUSD | 90,158,000Source | 139,957,000Source | 152,123,000Source | 107,205,000Source |
| Interest Expense, DebtUSD | 79,799,000Source | 114,872,000Source | 129,247,000Source | 104,613,000Source |
| Investment Income, InterestUSD | 19,317,000Source | 33,185,000Source | 32,447,000Source | 5,956,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 343,655,000Source | 290,677,000Source | 354,681,000Source | 523,887,000Source |
| Nonoperating Income (Expense)USD | -59,643,000Source | -145,927,000Source | -86,989,000Source | -107,554,000Source |
| Operating Costs and ExpensesUSD | 162,481,000Source | 240,207,000Source | 258,088,000Source | 269,231,000Source |
| Operating Lease, Lease IncomeUSD | — | 932,080,000Source | 490,679,000Source | — |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | 23,796,000Source | 31,068,000Source | 31,068,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 20,920,000Source | — | — | — |