Costamare Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,057	2,060	1,502	1,114	793.64	460.32
Other Revenue	28.23	23.95	8.92	-	-	-
Revenue	2,085	2,084	1,511	1,114	793.64	460.32
Revenue Growth (YoY)	79.87%	37.88%	35.69%	40.35%	72.41%	-3.72%
Cost of Revenue	1,384	1,363	908.65	347.2	214.81	140
Gross Profit	701.46	720.87	602.76	766.66	578.83	320.32
Selling, General & Admin	88.33	92.75	80.47	66.26	46.44	32.63
Operating Expenses	253.71	256.95	246.81	232.26	183.4	141.33
Operating Income	447.75	463.91	355.95	534.39	395.43	178.99
Interest Expense	-125.7	-148.18	-148.04	-117.64	-78.7	-69.18
Interest & Investment Income	23.86	33.19	32.45	5.96	3.42	1.83
Earnings From Equity Investments	-0.01	0.01	0.76	2.3	12.86	16.2
Currency Exchange Gain (Loss)	-4.03	-5.44	2.58	3.21	0.03	-0.3
Other Non Operating Income (Expenses)	-27.59	-33.82	20.9	-1.89	-8.6	-1.47
EBT Excluding Unusual Items	314.28	309.67	264.6	426.32	324.44	126.06
Gain (Loss) on Sale of Investments	-	-	-	-	60.16	-
Gain (Loss) on Sale of Assets	3.79	3.79	109.92	126.34	45.89	-86.79
Asset Writedown	-	-	-0.43	-1.69	-	-31.58
Other Unusual Items	2.87	2.87	6.94	3.73	4.62	1.18
Pretax Income	320.94	316.33	381.02	554.69	435.12	8.88
Earnings From Continuing Operations	320.94	316.33	381.02	554.69	435.12	8.88
Minority Interest in Earnings	-0.06	3.59	4.73	0.26	-	-
Net Income	321.7	319.92	385.75	554.96	435.12	8.88
Preferred Dividends & Other Adjustments	20.92	29.24	31.07	31.07	31.07	30.46
Net Income to Common	300.78	290.68	354.68	523.89	404.05	-21.59
Net Income Growth	-17.36%	-17.07%	-30.49%	27.54%	4801.67%	-91.03%
Shares Outstanding (Basic)	120	119	120	123	123	121
Shares Outstanding (Diluted)	120	119	120	123	123	121
Shares Change (YoY)	1.00%	-0.83%	-2.17%	-0.09%	1.97%	4.28%
EPS (Basic)	2.51	2.44	2.95	4.26	3.28	-0.18
EPS (Diluted)	2.51	2.44	2.95	4.26	3.28	-0.18
EPS Growth	-16.70%	-17.36%	-30.80%	29.77%	-	-
Free Cash Flow	105.51	257.23	49.04	519.7	-525.6	172.37
Free Cash Flow Per Share	0.88	2.16	0.41	4.23	-4.27	1.43
Dividend Per Share	0.460	0.460	0.460	0.460	0.445	0.400
Dividend Growth	-	-	-	3.37%	11.25%	-
Gross Margin	33.64%	34.59%	39.88%	68.83%	72.93%	69.59%
Operating Margin	21.47%	22.26%	23.55%	47.98%	49.83%	38.88%
Profit Margin	14.42%	13.95%	23.47%	47.03%	50.91%	-4.69%
Free Cash Flow Margin	5.06%	12.34%	3.25%	46.66%	-66.23%	37.45%
EBITDA	612.82	627.43	522.03	700.53	531.9	287.82
EBITDA Margin	29.39%	30.11%	34.54%	62.89%	67.02%	62.53%
D&A For EBITDA	165.07	163.52	166.08	166.13	136.47	108.83
EBIT	447.75	463.91	355.95	534.39	395.43	178.99
EBIT Margin	21.47%	22.26%	23.55%	47.98%	49.83%	38.88%
Revenue as Reported	2,085	2,084	1,511	1,114	793.64	-

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