CMRE
Costamare, Inc.
NYSE · Industrials · Marine Shipping · MC
$13.17
−0.75%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 826.3M | 877.9M | 2.1B | 1.5B | 1.1B |
| Cost of Revenue | 398.1M | 375.1M | 1.5B | 1.1B | 513.2M |
| Gross Profit | 428.2M | 502.8M | 556.7M | 436.4M | 600.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 50.2M | 20.0M | 33.5M | 24.2M | 19.5M |
| General & Admin Expense | 6.0M | 20.0M | 33.5M | 24.2M | 19.5M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 7.4M | 28.9M | 60.9M | (55.8M) | (81.1M) |
| Total Operating Expenses | 57.6M | 48.9M | 94.4M | (31.6M) | (61.6M) |
| Cost and Expenses | 455.7M | 424.0M | 1.6B | 1.0B | 451.6M |
| Operating Income (EBIT) | 370.7M | 453.9M | 462.3M | 468.0M | 662.2M |
| Non-Operating | |||||
| Interest Income | 13.6M | 19.3M | 33.2M | 32.4M | 6.0M |
| Interest Expense | 72.9M | 91.4M | 150.3M | 152.1M | 107.2M |
| Net Interest Income | (59.4M) | (72.0M) | (117.1M) | (119.7M) | (101.2M) |
| Other Non-Op Income/Expense | (30.7M) | (57.4M) | (145.9M) | (87.0M) | (107.6M) |
| Non-Operating Income (excl Interest) | (8.8M) | (34.0M) | 6.0M | (65.1M) | 349.0K |
| EBT (Pre-Tax Income) | 339.9M | 396.5M | 316.3M | 381.0M | 554.7M |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | 334.7M | 364.6M | 319.9M | 385.7M | 555.0M |
| Earnings from Cont. Ops | 339.9M | 396.5M | 316.3M | 381.0M | 554.7M |
| Earnings from Discont. Ops | — | (27.5M) | — | — | — |
| Bottom Line Net Income | 313.8M | 343.7M | 290.7M | 354.7M | 523.9M |
| Per Share | |||||
| Basic EPS | $2.59 | $2.86 | $2.44 | $2.95 | $4.26 |
| Diluted EPS | $2.59 | $2.86 | $2.44 | $2.95 | $4.26 |
| Revenue Per Share | $6.84 | $7.30 | $17.47 | $12.56 | $9.06 |
| Shares | |||||
| Basic Shares Outstanding | 120.7M | 120.2M | 119.3M | 120.3M | 123.0M |
| Diluted Shares Outstanding | 120.7M | 120.2M | 119.3M | 120.3M | 123.0M |
| Profitability Metrics | |||||
| EBITDA | 522.1M | 637.2M | 619.9M | 699.3M | 841.4M |
| D&A | 142.7M | 149.3M | 163.6M | 166.1M | 179.5M |
| EBIT | 379.5M | 487.9M | 456.3M | 533.1M | 661.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026