Costamare Inc

CMRE · NYSE · Industrials / Marine Shipping

13.39USD+0.15 (+1.13%)

Price History

Full chart

Market Stats

Previous Close13.24

Open13.37

Day Range13.21 – 13.42

52-Week Range10.48 – 17.79

Volume282.90K

Market Cap1.76B

P/E (TTM)5.48

Forward P/E15.06

EPS2.65

Dividend Yield3.41%

Beta0.91

50-Day Avg15.13

200-Day Avg16.00

About

Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes. As of February 24, 2026, it had a fleet of fleet of 79 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Konstantinos V. Konstantakopoulos
Employees1.88K
Headquarters7 Rue du Gabian, Monaco, Monaco, 98000, USA
Websitehttps://www.costamare.com

Leadership

Mr. Konstantinos V. KonstantakopoulosChairman & CEO · b. 1969
Mr. Gregory G. ZikosCFO & Director · b. 1969
Mr. Anastassios GabrielidesGeneral Counsel & Secretary · b. 1965
Mr. Peter LundChief Commercial Officer · b. 1975

Financials

Income Statement

Currency: USD	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total 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
Growth (%)	-	-6.19%	-11.70%	+8.21%	+1.05%	+7.28%	+16.84%	+1.32%	-4.52%	-11.91%	-7.77%	+25.69%	-3.72%	+72.41%	+40.35%	+35.69%	+37.88%	-57.87%
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	64.33%	70.60%	70.31%	69.27%	45.78%	46.73%	49.24%	51.52%	51.55%	46.16%	39.19%	47.90%	45.97%	55.68%	53.93%	28.88%	26.71%	57.28%
Operating Expense	94.76M	90.76M	92.43M	94.04M	21.90M	24.57M	23.63M	34.72M	75.31M	53.37M	31.92M	55.90M	151.29M	517.00K	-61.59M	-31.59M	94.40M	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	42.10%	47.90%	44.14%	44.66%	40.11%	40.80%	44.36%	44.44%	35.47%	33.22%	30.80%	36.21%	13.11%	55.61%	59.46%	30.97%	22.18%	51.71%
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	637.24M
EBITDA Margin	60.63%	65.32%	51.05%	49.78%	46.99%	51.89%	64.81%	59.24%	53.76%	59.55%	58.55%	62.43%	39.33%	81.08%	74.34%	46.27%	29.75%	72.59%
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 Margin	23.40%	29.24%	23.00%	22.92%	21.01%	24.89%	23.78%	29.32%	17.45%	17.67%	17.68%	20.71%	1.93%	54.83%	49.82%	25.52%	15.35%	41.53%
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
Interest Expense % of Total Revenue	16.05%	21.71%	20.37%	19.74%	5.56%	6.30%	10.22%	9.75%	13.06%	17.47%	16.82%	19.01%	14.64%	9.05%	9.62%	10.06%	7.21%	10.41%

Balance Sheet

Currency: USD	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.82B	1.71B	1.83B	1.98B	2.31B	2.69B	2.71B	2.64B	2.56B	2.49B	3.05B	3.01B	3.01B	4.41B	4.90B	5.29B	5.15B	3.86B
Total Liabilities	1.83B	1.56B	1.47B	1.65B	1.79B	2.03B	1.91B	1.68B	1.48B	1.27B	1.69B	1.60B	1.66B	2.68B	2.74B	2.85B	2.58B	1.70B
Total Equity	-10.75M	155.22M	362.14M	329.99M	520.45M	656.95M	802.64M	963.51M	1.07B	1.22B	1.36B	1.41B	1.35B	1.73B	2.16B	2.38B	2.51B	2.09B
Cash	90.26M	12.28M	159.77M	98.00M	267.32M	93.38M	113.09M	100.11M	164.90M	178.99M	113.71M	155.84M	148.92M	276.00M	718.05M	745.54M	704.63M	527.97M
Total Debt	1.53B	1.44B	1.34B	1.44B	1.56B	1.87B	1.77B	1.56B	1.41B	1.22B	1.65B	1.55B	1.59B	2.56B	2.58B	2.65B	2.35B	1.51B
Net Debt	1.44B	1.42B	1.18B	1.35B	1.29B	1.77B	1.65B	1.46B	1.25B	1.04B	1.53B	1.40B	1.44B	2.28B	1.87B	1.90B	1.65B	986.87M

Cash Flow

Currency: USD	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	247.52M	161.89M	127.95M	195.18M	168.10M	186.70M	243.27M	244.70M	226.60M	191.00M	140.80K	250.39M	274.28M	466.49M	581.59M	331.37M	537.72M	541.25M
Investing Cash Flow	-138.30M	12.81M	-23.85M	-283.76M	-236.50M	-621.10M	-119.26M	-43.00M	-34.40M	-42.70M	-112.60K	-8.86M	-36.40M	-787.46M	42.49M	79.09M	-79.51M	-162.90M
Financing Cash Flow	-22.53M	-252.68M	43.40M	26.80M	237.70M	260.40M	-104.30M	-214.70M	-127.40M	-134.20M	-80.53M	-212.11M	-241.86M	482.59M	-166.05M	-396.81M	-505.48M	-586.01M
Capital Expenditure	104.19M	56.77M	50.78M	338.58M	265.23M	642.28M	88.04M	2.76M	2.79M	64.23M	142.99M	61.98M	101.92M	992.09M	61.90M	282.33M	280.48M	68.97M
Free Cash Flow	143.32M	105.13M	77.17M	-143.40M	-97.13M	-455.58M	155.23M	241.94M	223.81M	126.77M	-142.85M	188.42M	172.37M	-525.60M	519.70M	49.04M	257.23M	472.28M
Dividends Paid	279.78M	161.23M	10.00M	61.51M	73.09M	81.52M	93.07M	102.29M	75.00M	37.76M	49.14M	58.66M	65.47M	71.26M	119.55M	71.87M	74.15M	79.29M
FCF to OCF	57.90%	64.94%	60.31%	-73.47%	-57.78%	-244.02%	63.81%	98.87%	98.77%	66.37%	-101457.53%	75.25%	62.84%	-112.67%	89.36%	14.80%	47.84%	87.26%
Dividend Paid to FCF	195.21%	153.37%	12.96%	-42.89%	-75.25%	-17.89%	59.96%	42.28%	33.51%	29.78%	-34.40%	31.13%	37.98%	-13.56%	23.00%	146.54%	28.82%	16.79%

Earnings

Report Date	Nov 22, 2010	Feb 16, 2011	May 23, 2011	Jul 27, 2011	Oct 26, 2011	Feb 1, 2012	May 8, 2012	Jul 24, 2012	Oct 23, 2012	Jan 23, 2013	Apr 24, 2013	Jul 24, 2013	Oct 23, 2013	Jan 27, 2014	Apr 29, 2014	Jul 23, 2014	Oct 31, 2014	Feb 4, 2015	Apr 28, 2015	Jul 21, 2015	Oct 21, 2015	Jan 27, 2016	Apr 20, 2016	Jul 27, 2016	Oct 24, 2016	Jan 26, 2017	Apr 27, 2017	Jul 25, 2017	Oct 24, 2017	Jan 23, 2018	May 1, 2018	Jul 24, 2018	Oct 24, 2018	Jan 23, 2019	Apr 22, 2019	Jul 24, 2019	Oct 23, 2019	Jan 28, 2020	Apr 29, 2020	Jul 27, 2020	Oct 27, 2020	Feb 1, 2021	Jun 1, 2021	Jul 28, 2021	Oct 27, 2021	Mar 9, 2022	May 5, 2022	Jul 28, 2022	Nov 2, 2022	Feb 8, 2023	May 15, 2023	Jul 28, 2023	Nov 1, 2023	Feb 7, 2024	May 10, 2024	Jul 31, 2024	Nov 1, 2024	Feb 5, 2025	May 8, 2025	Jul 31, 2025	Nov 4, 2025	Feb 18, 2026	Apr 29, 2026	Jul 27, 2026	Nov 3, 2026
EPS Estimate	-	0.31	0.35	0.44	0.47	0.46	0.36	0.28	0.27	0.29	0.23	0.32	0.34	0.39	0.30	0.38	0.37	0.37	0.31	0.38	0.40	0.39	0.41	0.41	0.35	0.25	0.21	0.19	0.16	0.14	0.12	0.07	0.09	0.10	0.09	0.14	0.19	0.28	0.26	0.21	0.22	0.24	0.30	0.43	0.69	0.97	0.86	0.91	0.85	0.65	0.46	0.51	0.44	0.62	0.62	0.72	0.64	0.65	0.52	0.57	0.71	0.54	0.69	0.66	0.69
EPS Actual	0.51	0.33	0.37	0.45	0.51	0.54	0.41	0.32	0.31	0.32	0.29	0.37	0.38	0.41	0.35	0.48	0.38	0.41	0.38	0.46	0.46	0.44	0.45	0.42	0.37	0.28	0.23	0.21	0.16	0.17	0.12	0.10	0.09	0.12	0.12	0.23	0.26	0.32	0.27	0.26	0.22	0.27	0.31	0.47	0.66	0.91	0.84	0.95	0.88	0.61	0.38	0.56	0.46	0.68	0.63	0.77	0.68	0.69	0.61	0.77	0.81	0.60	0.63	0.62	-
Surprise	-	6.45%	5.71%	2.27%	8.51%	17.39%	13.89%	14.29%	14.81%	10.34%	26.09%	15.63%	11.76%	5.13%	16.67%	26.32%	2.70%	10.81%	22.58%	21.05%	15.00%	12.82%	9.76%	2.44%	5.71%	12.00%	9.52%	10.53%	0.00%	21.43%	0.00%	42.86%	0.00%	20.00%	33.33%	64.29%	36.84%	14.29%	3.85%	23.81%	0.00%	12.50%	3.33%	9.30%	-4.35%	-6.19%	-2.33%	4.40%	3.53%	-6.15%	-17.39%	9.80%	4.55%	9.68%	1.61%	6.94%	6.25%	6.15%	17.31%	35.09%	14.08%	11.11%	-8.70%	-6.06%	-
Timing	-	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap1.76B

Enterprise Value2.85B

Trailing P/E5.48

Forward P/E15.06

PEG Ratio2.40

Price / Sales2.05

Price / Book0.80

EPS2.65

Book Value18.36

Revenue (TTM)857.38M

Gross Profit (TTM)598.67M

EBITDA546.40M

Profit Margin39.52%

Operating Margin47.04%

Return on Equity15.97%

Return on Assets6.69%

Shares Outstanding120.89M

Shares Float46.51M

Beta0.91

Dividend Yield3.41%

Dividend Rate0.50

Payout Ratio17.86%

Analyst Ratings

Strong Buy

Based on 2 analystsTarget 20.00

Strong Buy
2

Ownership Breakdown

Institutions: 34.40%
Insiders: 61.52%
Retail / Other: 4.08%

Top Institutional Holders

Dimensional Fund Advisors, Inc.
7.43M6.15%
BlackRock Inc
4.30M3.56%
Acadian Asset Management LLC
3.13M2.59%
American Century Companies Inc
2.01M1.66%
Bridgeway Capital Management, LLC
1.17M0.97%
State Street Corp
1.04M0.86%
Qube Research & Technologies
1.02M0.84%
Renaissance Technologies Corp
1.01M0.84%
JPMorgan Chase & Co
995.90K0.82%
The Goldman Sachs Group Inc
986.86K0.82%
Morgan Stanley - Brokerage Accounts
979.68K0.81%
Ameriprise Financial Inc
815.52K0.67%
Robeco Institutional Asset Management BV
734.63K0.61%
Vanguard Portfolio Management, LLC
682.53K0.56%

Top Fund Holders

Avantis US Small Cap Value ETF
2.00M1.65%
DFA US Small Cap Value I
1.77M1.46%
iShares Russell 2000 ETF
1.19M0.99%
DFA US Targeted Value I
899.41K0.74%
Dimensional US Targeted Value ETF
786.15K0.65%
Dimensional US Small Cap Value ETF
691.72K0.57%

Dividends

20264×

0.13Oct 20, 20260.13Jul 21, 20260.12Apr 20, 20260.12Jan 20, 2026

20254×

0.12Oct 21, 20250.12Jul 21, 20250.09Apr 17, 20250.09Jan 21, 2025

20244×

0.09Oct 21, 20240.09Jul 19, 20240.09Apr 18, 20240.09Jan 19, 2024

20234×

0.09Oct 19, 20230.09Jul 19, 20230.09Apr 18, 20230.09Jan 19, 2023

20224×

0.09Oct 19, 20220.09Jul 20, 20220.46Apr 18, 20220.09Jan 19, 2022

20214×

0.09Oct 19, 20210.09Jul 19, 20210.07Apr 19, 20210.07Jan 19, 2021

Stock Splits

May 5, 20261:5