Costamare Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	846.67	2,060	1,502	1,114	793.64
Other Revenue	31.23	23.95	8.92	-	-
Revenue	877.9	2,084	1,511	1,114	793.64
Revenue Growth (YoY)	-57.87%	37.88%	35.69%	40.35%	72.41%
Cost of Revenue	245.53	1,363	908.65	347.2	214.81
Gross Profit	632.37	720.87	602.76	766.66	578.83
Selling, General & Admin	48.91	92.75	80.47	66.26	46.44
Operating Expenses	178.45	256.95	246.81	232.26	183.4
Operating Income	453.92	463.91	355.95	534.39	395.43
Interest Expense	-91.36	-148.18	-148.04	-117.64	-78.7
Interest & Investment Income	19.32	33.19	32.45	5.96	3.42
Earnings From Equity Investments	-	0.01	0.76	2.3	12.86
Currency Exchange Gain (Loss)	2.27	-5.44	2.58	3.21	0.03
Other Non Operating Income (Expenses)	12.4	-33.82	20.9	-1.89	-8.6
EBT Excluding Unusual Items	396.55	309.67	264.6	426.32	324.44
Gain (Loss) on Sale of Investments	-	-	-	-	60.16
Gain (Loss) on Sale of Assets	-	3.79	109.92	126.34	45.89
Asset Writedown	-	-	-0.43	-1.69	-
Other Unusual Items	-	2.87	6.94	3.73	4.62
Pretax Income	396.55	316.33	381.02	554.69	435.12
Earnings From Continuing Operations	396.55	316.33	381.02	554.69	435.12
Earnings From Discontinued Operations	-27.55	-	-	-	-
Net Income to Company	369	316.33	381.02	554.69	435.12
Minority Interest in Earnings	-4.43	3.59	4.73	0.26	-
Net Income	364.58	319.92	385.75	554.96	435.12
Preferred Dividends & Other Adjustments	20.92	29.24	31.07	31.07	31.07
Net Income to Common	343.66	290.68	354.68	523.89	404.05
Net Income Growth	13.96%	-17.07%	-30.49%	27.54%	4801.67%
Shares Outstanding (Basic)	120	119	120	123	123
Shares Outstanding (Diluted)	120	119	120	123	123
Shares Change (YoY)	0.75%	-0.83%	-2.17%	-0.09%	1.97%
EPS (Basic)	2.86	2.44	2.95	4.26	3.28
EPS (Diluted)	2.86	2.44	2.95	4.26	3.28
EPS Growth	17.34%	-17.36%	-30.80%	29.77%	-
Free Cash Flow	-	257.23	49.04	519.7	-525.6
Free Cash Flow Per Share	-	2.16	0.41	4.23	-4.27
Dividend Per Share	0.460	0.460	0.460	0.460	0.445
Dividend Growth	-	-	-	3.37%	11.25%
Gross Margin	72.03%	34.59%	39.88%	68.83%	72.93%
Operating Margin	51.70%	22.26%	23.55%	47.98%	49.83%
Profit Margin	39.15%	13.95%	23.47%	47.03%	50.91%
Free Cash Flow Margin	-	12.34%	3.25%	46.66%	-66.23%
EBITDA	582.12	627.43	522.03	700.53	531.9
EBITDA Margin	66.31%	30.11%	34.54%	62.89%	67.02%
D&A For EBITDA	128.2	163.52	166.08	166.13	136.47
EBIT	453.92	463.91	355.95	534.39	395.43
EBIT Margin	51.70%	22.26%	23.55%	47.98%	49.83%
Revenue as Reported	877.9	2,084	1,511	1,114	793.64

Source: S&P Global Market Intelligence. Standard template. Financial Sources.