Costamare Inc.

Costamare Inc.

13.16
USD
-0.11
(-0.83%)
2.82EPS
5.65P/E
1.78BMarket Cap
Feb 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
7.07
Basic EPS, GAAP
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
2.6
Free Cash Flow per Basic Share
-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
-1.36
Dividend per Share
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
0.51
Book Value per Share
8.78
10.73
12.78
11.88
11.26
12.07
11.84
11.04
13.92
17.64
20.13
20.95
17.3
18.91
Tangible Book Value per Share
8.78
10.73
12.78
11.88
11.26
12.06
11.83
11.03
13.91
17.63
20.12
20.95
17.3
18.91
Basic Weighted Avg Shares
75
75
75
77
101
110
116
121
123
123
120
119
120
121
Sales/Revenue/Turnover
414
484
490
468
412
380
478
460
794
1,114
848
888
878
853
Operating Margin (%)
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
46.55
Depreciation Expense
90
106
102
101
96
96
114
109
137
166
127
126
130
- -
Net Income, GAAP
103
115
144
82
73
67
99
9
435
555
386
320
365
335
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
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
39.26
Working Capital
-158
-132
-125
-70
-50
-54
-69
-15
56
592
455
295
292
537
LT Debt
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
1,604
Total Equity
657
803
964
1,074
1,219
1,357
1,411
1,349
1,726
2,160
2,439
2,569
2,159
2,359
Return on Invested Capital (%)
7.34
8.43
8.57
6.64
5.56
4.3
5.8
2.05
12.23
14.67
12.1
10.44
11.46
10.06
Return on Capital (%)
5.43
6.27
7.43
5.26
5.22
4.69
6.19
2.45
14.05
14.67
10.52
9.4
11.3
10.33
Return on Common Equity (%)
17.25
14.14
14.25
5.95
4.52
2.85
4.89
-1.61
26.28
26.98
15.63
11.87
14.94
14.55

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
254
232
203
LT Borrowings
1,240
1,273
1,604
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
121
121
121
Market Capitalization
2,040
1,695
1,776

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
769
598
890
Cash, Cash Equivalents & STI
654
431
736
Accounts Receivable, Net
14
16
13
Inventories
14
16
16
Total Current Liabilities
392
372
353
Payables & Accruals
43
55
47
ST Debt
254
232
203
Deferred Revenue
46
51
55

Growth Rates

USD

•

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

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
475
218
226
548
888
2025
223
218
225
212
878
2026
211
209
220
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
0.77
0.63
0.25
2.44
2025
0.79
0.69
0.77
0.6
2.86
2026
0.62
0.64
0.73
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.15
0.16
0.16
0.62
2025
0.17
0.16
0.16
0.16
0.66
2026
0.18
0.16
- -
- -
- -

Company Description

CEO
Konstantinos Vasileios Konstantakopoulos
Full Time Employees
1,880
Sector
Transportation
Industry
Marine shipping
Address
7 Rue du Gabian Monaco Monaco 98000
IPO Date
Nov 4, 2010
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

  • Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2026

  • Costamare Inc. Sets The Date For Its Third Quarter 2026 Results Release

  • Brokers Suggest Investing in Costamare (CMRE): Read This Before Placing a Bet

  • Costamare (CMRE) Rises Higher Than Market: Key Facts

  • Costamare: Contracted Growth At An Attractive Valuation

  • 13 Graham Value Dividend All-Stars (GVAS) Shine In October

  • Costamare Bulkers Holdings Limited Announces Election of Class I Director at 2026 Annual Meeting of Stockholders

  • Costamare Inc. Announces Election of Class I Director at 2026 Annual Meeting of Stockholders

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

  • Graham Value All-Stars (GVAS) Emit 10 Brilliant September Buys

  • A Look at Costamare Inc (CMRE) After 5.9% Decline -- GF Value $9.30 vs Price $14.84

  • Costamare Bulkers Holdings Limited Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026

  • Costamare Bulkers Holdings Limited Sets the Date for Its Second Quarter 2026 Results Release

  • Costamare: Great Earning, But Not For Shareholders

  • Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2026

  • Costamare Inc. Sets the Date for Its Second Quarter 2026 Results Release

  • Costamare Inc. Sets the Date for Its Second Quarter 2026 Results Release

  • Costamare Bulkers Holdings Limited Announces 2026 Annual Meeting of Shareholders

  • Costamare Inc. Announces 2026 Annual Meeting of Stockholders

  • July Graham Value All-Stars (GVAS) Emit 10 Beaming Buys