Costamare Inc. (CMRE)

Costamare Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,061	2,060	1,502	1,114	793.64	460.32
Other Revenue	25.21	23.95	8.92	-	-	-
Revenue	2,086	2,084	1,511	1,114	793.64	460.32
Revenue Growth (YoY)	10.60%	37.88%	35.69%	40.35%	72.41%	-3.72%
Cost of Revenue	1,376	1,363	908.65	347.2	214.81	140
Gross Profit	710.4	720.87	602.76	766.66	578.83	320.32
Selling, General & Admin	91.59	92.75	80.47	66.26	46.44	32.63
Operating Expenses	256.22	256.95	246.81	232.26	183.4	141.33
Operating Income	454.18	463.91	355.95	534.39	395.43	178.99
Interest Expense	-138.29	-148.18	-148.04	-117.64	-78.7	-69.18
Interest & Investment Income	28.42	33.19	32.45	5.96	3.42	1.83
Earnings From Equity Investments	-0.03	0.01	0.76	2.3	12.86	16.2
Currency Exchange Gain (Loss)	-0.17	-5.44	2.58	3.21	0.03	-0.3
Other Non Operating Income (Expenses)	-18.06	-33.82	20.9	-1.89	-8.6	-1.47
EBT Excluding Unusual Items	326.05	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	332.71	316.33	381.02	554.69	435.12	8.88
Earnings From Continuing Operations	332.71	316.33	381.02	554.69	435.12	8.88
Minority Interest in Earnings	3.26	3.59	4.73	0.26	-	-
Net Income	304.55	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	283.63	290.68	354.68	523.89	404.05	-21.59
Net Income Growth	-17.62%	-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)	1.18%	-0.83%	-2.17%	-0.09%	1.97%	4.28%
EPS (Basic)	2.37	2.44	2.95	4.26	3.28	-0.18
EPS (Diluted)	2.37	2.44	2.95	4.26	3.28	-0.18
EPS Growth	-16.41%	-17.36%	-30.80%	29.77%	-	-
Free Cash Flow	-	257.23	49.04	519.7	-525.6	172.37
Free Cash Flow Per Share	-	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	34.06%	34.59%	39.88%	68.83%	72.93%	69.59%
Operating Margin	21.77%	22.26%	23.55%	47.98%	49.83%	38.88%
Profit Margin	13.60%	13.95%	23.47%	47.03%	50.91%	-4.69%
Free Cash Flow Margin	-	12.34%	3.25%	46.66%	-66.23%	37.45%
EBITDA	620.15	627.43	522.03	700.53	531.9	287.82
EBITDA Margin	29.73%	30.11%	34.54%	62.89%	67.02%	62.53%
D&A For EBITDA	165.97	163.52	166.08	166.13	136.47	108.83
EBIT	454.18	463.91	355.95	534.39	395.43	178.99
EBIT Margin	21.77%	22.26%	23.55%	47.98%	49.83%	38.88%
Revenue as Reported	2,086	2,084	1,511	1,114	793.64	-

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q