Costamare Inc. (CMRE)

Costamare Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	319.92	385.75	554.96	435.12	8.88
Depreciation & Amortization	163.52	166.08	166.13	136.47	108.83
Other Amortization	32.5	28.7	23.74	17.14	12.7
Loss (Gain) From Sale of Assets	-3.79	-109.92	-126.34	-45.89	86.79
Asset Writedown & Restructuring Costs	-	0.43	1.69	-	31.58
Loss (Gain) From Sale of Investments	0.06	0.06	0.06	-60.1	0.06
Loss (Gain) on Equity Investments	-0.01	-0.76	-2.3	-12.86	-16.2
Stock-Based Compensation	8.43	5.85	7.09	7.41	3.66
Provision & Write-off of Bad Debts	-	-	-	-0.32	0.03
Other Operating Activities	39.63	-8.8	-2.97	-0.03	0.83
Change in Accounts Receivable	-9.41	-26.63	-8.78	-24.13	25.1
Change in Inventory	3.61	-32.98	-6.67	-9.92	0.09
Change in Accounts Payable	2.66	27.9	-0.71	9.64	1.37
Change in Unearned Revenue	-3.37	17.19	-2.27	11.35	1.95
Change in Other Net Operating Assets	-16.03	-121.51	-22.04	2.62	8.63
Operating Cash Flow	537.72	331.37	581.59	466.49	274.28
Operating Cash Flow Growth	62.27%	-43.02%	24.67%	70.08%	9.54%
Capital Expenditures	-280.48	-282.33	-61.9	-992.09	-101.92
Sale of Property, Plant & Equipment	123.92	224.24	220.32	122.64	30.3
Cash Acquisitions	-0.28	2.8	-	-	-
Investment in Securities	0.46	107.79	-118.7	80.97	33
Other Investing Activities	76.88	26.6	2.77	1.04	2.23
Investing Cash Flow	-79.51	79.09	42.49	-787.46	-36.4
Long-Term Debt Issued	528.01	576.21	1,014	1,225	285.9
Long-Term Debt Repaid	-841.98	-832.17	-984.31	-655.4	-451.04
Net Debt Issued (Repaid)	-313.97	-255.96	29.97	570	-165.14
Repurchase of Common Stock	-	-60	-60.1	-	-
Preferred Dividends Paid	-	-	-31.07	-31.07	-31.2
Common Dividends Paid	-	-	-41.78	-40.2	-34.27
Dividends Paid	-74.15	-71.87	-72.85	-71.26	-65.47
Other Financing Activities	-3.01	-8.99	-16.38	-16.14	-9.57
Financing Cash Flow	-505.48	-396.82	-166.05	482.59	-241.86
Net Cash Flow	-47.27	13.65	458.03	161.63	-3.98
Free Cash Flow	257.23	49.04	519.7	-525.6	172.37
Free Cash Flow Growth	424.52%	-90.56%	-	-	-8.52%
Free Cash Flow Margin	12.34%	3.25%	46.66%	-66.23%	37.45%
Free Cash Flow Per Share	2.16	0.41	4.23	-4.27	1.43
Cash Interest Paid	147.07	152.63	100.7	71.81	63.73
Levered Free Cash Flow	208.62	-53.37	391.09	-694.02	93.41
Unlevered Free Cash Flow	292.35	30.24	454.36	-651.54	133
Change in Working Capital	-22.54	-136.03	-40.48	-10.44	37.14

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q