Costamare Financial Statements From 2010 to 2024

CMRE Stock  USD 14.10  0.21  1.47%   
Costamare financial statements provide useful quarterly and yearly information to potential Costamare investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Costamare financial statements helps investors assess Costamare's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Costamare's valuation are summarized below:
Gross Profit
766.7 M
Profit Margin
0.1917
Market Capitalization
1.7 B
Enterprise Value Revenue
1.6361
Revenue
B
There are over one hundred nineteen available fundamental signals for Costamare, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of Costamare's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. As of November 12, 2024, Market Cap is expected to decline to about 727.9 M. In addition to that, Enterprise Value is expected to decline to about 1.9 B

Costamare Total Revenue

1.58 Billion

Check Costamare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Costamare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 120.3 M, Interest Expense of 89.9 M or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0545 or PTB Ratio of 0.55. Costamare financial statements analysis is a perfect complement when working with Costamare Valuation or Volatility modules.
  
Check out the analysis of Costamare Correlation against competitors.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.

Costamare Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.2 B5.3 B3.1 B
Slightly volatile
Short and Long Term Debt Total1.9 B2.6 B1.8 B
Slightly volatile
Other Current Liabilities45.6 M53.1 M54.4 M
Slightly volatile
Total Current Liabilities695.9 M662.8 M335.2 M
Slightly volatile
Other Liabilities41.7 M46.5 M52.4 M
Slightly volatile
Property Plant And Equipment Net2.6 B3.8 B2.5 B
Slightly volatile
Current Deferred Revenue54.8 M52.2 M19 M
Slightly volatile
Net Debt1.7 B1.9 B1.6 B
Slightly volatile
Accounts Payable49.1 M46.8 M13 M
Slightly volatile
Cash794 M756.2 M270.5 M
Slightly volatile
Non Current Assets Total2.9 B4.2 B2.7 B
Slightly volatile
Non Currrent Assets Other80.4 M72.8 M94.4 M
Very volatile
Long Term Debt1.6 BB1.4 B
Slightly volatile
Cash And Short Term Investments812.4 M773.7 M280.8 M
Slightly volatile
Net Receivables87.6 M83.4 M25.4 M
Slightly volatile
Common Stock Shares Outstanding95.3 M120.3 M92.4 M
Slightly volatile
Liabilities And Stockholders Equity3.2 B5.3 B3.1 B
Slightly volatile
Non Current Liabilities Total1.7 B2.2 B1.6 B
Slightly volatile
Inventory64.3 M61.3 M19.5 M
Slightly volatile
Other Current Assets209.3 M199.3 M32.7 M
Slightly volatile
Other Stockholder Equity1.1 B1.3 BB
Slightly volatile
Total Liabilities2.1 B2.8 B1.9 B
Slightly volatile
Property Plant And Equipment Gross2.8 BB2.7 B
Slightly volatile
Total Current Assets1.2 B1.1 B381.9 M
Slightly volatile
Short Term Debt536.2 M510.7 M248 M
Slightly volatile
Property Plant Equipment2.6 B4.2 B2.6 B
Slightly volatile
Common Stock Total Equity9.9 K13.8 K9.8 K
Slightly volatile
Common Stock12.3 K13 K242.4 K
Slightly volatile
Deferred Long Term Liabilities66.5 M63.3 M33.3 M
Slightly volatile
Long Term Investments112.8 M211.7 M87.5 M
Slightly volatile
Short and Long Term Debt307.7 M347 M696.8 M
Slightly volatile
Net Tangible Assets1.5 B2.5 B1.3 B
Slightly volatile
Long Term Debt Total1.4 B1.5 B1.3 B
Pretty Stable
Capital Surpluse1.3 B1.6 B1.2 B
Slightly volatile
Net Invested Capital3.8 B4.7 B2.8 B
Slightly volatile
Good Will900.8 K927 K1.1 M
Slightly volatile
Capital Stock12.3 K13 K244 K
Slightly volatile
Intangible Assets255.6 K269 K968.4 K
Slightly volatile
Non Current Liabilities Other7.3 M8.3 MM
Slightly volatile

Costamare Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization120.3 M186.1 M114.9 M
Slightly volatile
Interest Expense89.9 M152.1 M82.6 M
Slightly volatile
Selling General Administrative12.8 M24.2 M12.2 M
Slightly volatile
Total Revenue1.6 B1.5 B651.4 M
Slightly volatile
Gross Profit304 M427.5 M279.7 M
Slightly volatile
Other Operating Expenses1.2 B1.2 B410.4 M
Slightly volatile
Operating Income218.2 M347 M203 M
Slightly volatile
EBIT183.6 M347 M166.6 M
Slightly volatile
EBITDA303.9 M533.2 M281.6 M
Slightly volatile
Cost Of Revenue1.1 B1.1 B362 M
Slightly volatile
Total Operating Expenses41.3 M80.5 M45.6 M
Very volatile
Income Before Tax400.1 M381 M188.2 M
Slightly volatile
Selling And Marketing Expenses34.7 M64.7 M50.4 M
Slightly volatile
Net Income From Continuing Ops494 M470.5 M200.2 M
Slightly volatile
Interest Income31.9 M30.4 M35 M
Slightly volatile
Non Recurring14.4 M16.2 M17.6 M
Slightly volatile
Reconciled Depreciation139 M166.2 M113.2 M
Slightly volatile

Costamare Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow764.2 M727.8 M241.3 M
Slightly volatile
Depreciation115.9 M186.1 M110.3 M
Slightly volatile
Capital Expenditures79.3 M83.5 M202.1 M
Very volatile
Total Cash From Operating Activities266.5 M309.8 M256.8 M
Slightly volatile
Net Income405 M385.7 M182.7 M
Slightly volatile
End Period Cash Flow794 M756.2 M291.7 M
Slightly volatile
Stock Based CompensationM5.8 M6.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.790.83351.7564
Slightly volatile
Dividend Yield0.05450.05740.1088
Slightly volatile
Days Sales Outstanding21.2820.264712.2441
Slightly volatile
Operating Cash Flow Per Share3.192.57562.9037
Pretty Stable
Stock Based Compensation To Revenue0.00370.00390.0116
Slightly volatile
Capex To Depreciation0.430.44861.9415
Pretty Stable
EV To Sales1.992.09254.6387
Slightly volatile
Inventory Turnover14.7817.546219.2705
Very volatile
Days Of Inventory On Hand23.4720.802219.7364
Pretty Stable
Payables Turnover37.322.98536.0769
Slightly volatile
Sales General And Administrative To Revenue0.01550.01610.0191
Slightly volatile
Capex To Revenue0.05280.05560.3905
Slightly volatile
Cash Per Share6.756.43132.753
Slightly volatile
POCF Ratio3.844.0418233
Very volatile
Interest Coverage1.982.28132.485
Very volatile
Capex To Operating Cash Flow0.260.269568.4568
Very volatile
Days Payables Outstanding13.615.879911.3032
Slightly volatile
Income Quality0.760.80323.661
Pretty Stable
EV To Operating Cash Flow9.6410.1471965
Very volatile
Intangibles To Total Assets0.01.0E-43.0E-4
Slightly volatile
Net Debt To EBITDA6.783.5486.3294
Pretty Stable
Current Ratio1.771.68630.9854
Slightly volatile
Receivables Turnover17.1118.011634.9625
Slightly volatile
Graham Number39.6937.800721.0872
Slightly volatile
Capex Per Share0.660.69412.3216
Slightly volatile
Revenue Per Share7.2212.48966.429
Pretty Stable
Interest Debt Per Share24.6122.128321.4188
Slightly volatile
Debt To Assets0.680.47470.6048
Slightly volatile
Enterprise Value Over EBITDA10.775.896910.1232
Slightly volatile
Short Term Coverage Ratios0.580.60671.1613
Slightly volatile
Operating Cycle35.2941.06731.3499
Pretty Stable
Days Of Payables Outstanding13.615.879911.3032
Slightly volatile
Price To Operating Cash Flows Ratio3.844.0418233
Very volatile
Pretax Profit Margin0.310.25360.2694
Pretty Stable
Ebt Per Ebit0.621.09790.753
Slightly volatile
Operating Profit Margin0.420.2310.3689
Slightly volatile
Long Term Debt To Capitalization0.70.45630.6146
Slightly volatile
Total Debt To Capitalization0.740.5130.6462
Slightly volatile
Return On Capital Employed0.08750.0750.076
Slightly volatile
Ebit Per Revenue0.420.2310.3689
Slightly volatile
Quick Ratio1.671.59390.9341
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.131.99431.3886
Slightly volatile
Cash Ratio1.21.1410.7115
Slightly volatile
Cash Conversion Cycle21.6925.18720.0467
Pretty Stable
Operating Cash Flow Sales Ratio0.20.20620.4375
Slightly volatile
Days Of Inventory Outstanding23.4720.802219.7364
Pretty Stable
Days Of Sales Outstanding21.2820.264712.2441
Slightly volatile
Cash Flow Coverage Ratios0.110.12340.1394
Pretty Stable
Fixed Asset Turnover0.420.39850.2364
Slightly volatile
Capital Expenditure Coverage Ratio3.533.710913.5558
Very volatile
Price Cash Flow Ratio3.844.0418233
Very volatile
Enterprise Value Multiple10.775.896910.1232
Slightly volatile
Debt Ratio0.680.47470.6048
Slightly volatile
Cash Flow To Debt Ratio0.110.12340.1394
Pretty Stable
Price Sales Ratio0.790.83351.7564
Slightly volatile
Asset Turnover0.210.28420.1866
Pretty Stable
Gross Profit Margin0.270.28450.4818
Slightly volatile

Costamare Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap727.9 M1.3 B882.7 M
Slightly volatile
Enterprise Value1.9 B3.1 B2.4 B
Slightly volatile

Costamare Fundamental Market Drivers

Cash And Short Term Investments773.7 M

Costamare Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Costamare Financial Statements

Costamare stakeholders use historical fundamental indicators, such as Costamare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Costamare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Costamare's assets and liabilities are reflected in the revenues and expenses on Costamare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Costamare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue52.2 M54.8 M
Total Revenue1.5 B1.6 B
Cost Of Revenue1.1 B1.1 B
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.06  0.05 
Revenue Per Share 12.49  7.22 
Ebit Per Revenue 0.23  0.42 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Costamare is a strong investment it is important to analyze Costamare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:
Check out the analysis of Costamare Correlation against competitors.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costamare. If investors know Costamare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costamare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.399
Dividend Share
0.46
Earnings Share
3.01
Revenue Per Share
17.083
Quarterly Revenue Growth
0.36
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costamare's market value can be influenced by many factors that don't directly affect Costamare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.