Costamare Inc.

NYSE:CMRE Stock Report

Market Cap: US$2.0b

Costamare Past Earnings Performance

Past criteria checks 2/6

Costamare has been growing earnings at an average annual rate of 8.5%, while the Shipping industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 20.9% per year. Costamare's return on equity is 18.4%, and it has net margins of 42.3%.

Key information

8.53%

Earnings growth rate

9.18%

EPS growth rate

Shipping Industry Growth51.92%
Revenue growth rate20.91%
Return on equity18.37%
Net Margin42.28%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Costamare (NYSE:CMRE) Has Announced A Dividend Of $0.115

Jan 05
Costamare (NYSE:CMRE) Has Announced A Dividend Of $0.115

Costamare: The Price Of Quality Is Now Too High To Justify

Dec 11

Costamare Inc. (NYSE:CMRE) Stock Rockets 29% But Many Are Still Ignoring The Company

Nov 11
Costamare Inc. (NYSE:CMRE) Stock Rockets 29% But Many Are Still Ignoring The Company

Costamare (NYSE:CMRE) Is Due To Pay A Dividend Of $0.115

Oct 05
Costamare (NYSE:CMRE) Is Due To Pay A Dividend Of $0.115

Costamare (NYSE:CMRE) Has A Somewhat Strained Balance Sheet

Sep 18
Costamare (NYSE:CMRE) Has A Somewhat Strained Balance Sheet

Should You Investigate Costamare Inc. (NYSE:CMRE) At US$9.54?

Apr 04
Should You Investigate Costamare Inc. (NYSE:CMRE) At US$9.54?

These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Jan 25
These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Should You Think About Buying Costamare Inc. (NYSE:CMRE) Now?

Jan 03
Should You Think About Buying Costamare Inc. (NYSE:CMRE) Now?

Costamare: Attractive Valuations And A 3.5% Dividend Yield

Dec 10

We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Nov 19
We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Costamare (NYSE:CMRE) Takes On Some Risk With Its Use Of Debt

Oct 24
Costamare (NYSE:CMRE) Takes On Some Risk With Its Use Of Debt

Costamare Inc.'s (NYSE:CMRE) Low P/E No Reason For Excitement

Oct 05
Costamare Inc.'s (NYSE:CMRE) Low P/E No Reason For Excitement
User avatar

Overcapacity And Market Volatility Threaten Shipping Giant's Financial Stability

Expansion into larger dry bulk vessels indicates a push for fleet profitability amidst high capital costs and market volatility risks.

Is There Now An Opportunity In Costamare Inc. (NYSE:CMRE)?

Sep 14
Is There Now An Opportunity In Costamare Inc. (NYSE:CMRE)?

An Intrinsic Calculation For Costamare Inc. (NYSE:CMRE) Suggests It's 43% Undervalued

Aug 23
An Intrinsic Calculation For Costamare Inc. (NYSE:CMRE) Suggests It's 43% Undervalued

Costamare: Potential Bagger, But I Haven't Bought Shares Yet

Aug 04

Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Jul 18
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Costamare (NYSE:CMRE) Is Paying Out A Dividend Of $0.115

Jul 04
Costamare (NYSE:CMRE) Is Paying Out A Dividend Of $0.115

Is Costamare (NYSE:CMRE) A Risky Investment?

Jun 16
Is Costamare (NYSE:CMRE) A Risky Investment?

Costamare Inc. (NYSE:CMRE) Stock Catapults 28% Though Its Price And Business Still Lag The Market

May 29
Costamare Inc. (NYSE:CMRE) Stock Catapults 28% Though Its Price And Business Still Lag The Market

We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Apr 24
We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Earnings Troubles May Signal Larger Issues for Costamare (NYSE:CMRE) Shareholders

Apr 05
Earnings Troubles May Signal Larger Issues for Costamare (NYSE:CMRE) Shareholders

What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?

Mar 20
What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?

Costamare: The Dry Bulk Sector, FCF Growth Make It Cheap

Mar 07

Revenue & Expenses Breakdown

How Costamare makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:CMRE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25878371490
30 Sep 252,085300880
30 Jun 252,086315920
31 Mar 252,055292940
31 Dec 24888382530
30 Sep 241,159386580
30 Jun 241,334331640
31 Mar 241,738307810
31 Dec 23848493460
30 Sep 231,282445810
30 Jun 231,171499750
31 Mar 231,095550710
31 Dec 221,114524660
30 Sep 221,132491630
30 Jun 221,059490610
31 Mar 22935459540
31 Dec 21794404460
30 Sep 21629270400
30 Jun 21521180360
31 Mar 2146613340
31 Dec 20460-22330
30 Sep 20466-13320
30 Jun 20481-2320
31 Mar 20487103310
31 Dec 1947868310
30 Sep 1946052300
30 Jun 1942730290
31 Mar 1940115290
31 Dec 1838037290
30 Sep 1837522280
30 Jun 1838535280
31 Mar 1840046280
31 Dec 1741252280
30 Sep 1742238320
30 Jun 1743935320
31 Mar 1745349330
31 Dec 1646861330
30 Sep 16480110330
30 Jun 16486124340
31 Mar 16490132350
31 Dec 15490126360
30 Sep 15489121330
30 Jun 15490125320
31 Mar 15490109290

Quality Earnings: CMRE has high quality earnings.

Growing Profit Margin: CMRE's current net profit margins (42.3%) are lower than last year (43%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CMRE has become profitable over the past 5 years, growing earnings by 8.5% per year.

Accelerating Growth: CMRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CMRE had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Shipping industry average (-4.7%).


Return on Equity

High ROE: CMRE's Return on Equity (18.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/18 07:05
End of Day Share Price 2026/03/18 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Costamare Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Garrett ChaseBarclays
Donald McLeeBerenberg
Kenneth HoexterBofA Global Research