CMRE - NYSE

Costamare Inc.

CMRE·NYSE

$15.44

-0.83%

IndustrialsMarine Shipping

Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.86B

EPS2.8600

P/E Ratio5.40

Earnings Date07/30/2026

541.25M

Operating Cash Flow

3Y-4.0%

5Y+97.0%

10Y+139.0%

-162.90M

Investing Cash Flow

105%

3Y-452.0%

5Y+348.0%

10Y+374.0%

-586.01M

Financing Cash Flow

16%

3Y+292.0%

5Y+142.0%

10Y+360.0%

Costamare Inc. Cash Conversion Engine

CMRE · NYSE

FCF Components

Net Income392.12M

Depreciation & Amortization149.33M

Stock-Based Compensation0.00

Change in Working Capital-1.64M

Others1.44M

Capital Expenditures-68.97M

Free Cash Flow472.28M

Cash Flow Quality Analysis

FCF Conversion Rate

120.4%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

12.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+83.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.64M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Costamare Inc. Cash Flow Statement

CMRE • NYSE

Costamare Inc. Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008
OPERATING ACTIVITIES
Net Income	392.1M	316.3M	385.7M	555M	435.1M	8.9M	99M	67.2M	72.9M	81.7M	143.8M	115.1M	103.1M	81.1M	87.6M	81.2M	116.9M	99.8M
Depreciation & Amortization	149.3M	163.6M	166.1M	179.5M	136.5M	108.9M	113.7M	96.3M	96.4M	100.9M	101.6M	105.8M	90M	80.3M	78.8M	70.9M	75.8M	77.3M
Change in Deferred Taxes	0.0	0.0	0.0	0.0	-111.6M	0.0	0.0	-141.4M	20.5M	37.2M	-18M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Stock-Based Compensation	0.0	8.4M	5.9M	0.0	7.4M	3.7M	3.9M	3.8M	3.9M	5M	8.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Cash Items	1.4M	71.9M	-86.3M	-130.1M	15.9M	132.4M	33.3M	17.6M	17.6M	20.7M	13.5M	13.8M	2.4M	9M	3.1M	4.4M	-7.8M	17.2M
Change in Working Capital	-1.6M	-22.5M	-140M	-41.6M	-16.8M	20.5M	569K	-43.3M	-20.3M	-18.9M	-4.9M	8.6M	-8.7M	-2.3M	25.7M	-28.5M	-23M	53.2M
Cash from Operating Activities	541.3M	537.7M	331.4M	562.8M	466.5M	274.3M	250.4M	140.8K	191M	226.6M	244.7M	243.3M	186.7M	168.1M	195.2M	127.9M	161.9M	247.5M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-69M	-280.5M	-282.3M	-61.9M	-992.1M	-101.9M	-62M	-143M	-64.2M	-2.8M	-2.8M	-88M	-642.3M	-265.2M	-338.6M	-50.8M	-56.8M	-104.2M
Acquisitions, Net	(4.4M)	(262K)	(4.4M)	(224.1M)	(8.8M)	(33M)	(24.5M)	-2.8M	-9.9M	-35.3M	-44.9M	-85.1M	(7.3M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Purchase of Investments	-37.8M	-72.1M	-199.6M	-178.7M	(122.6M)	(0.0)	(0.0)	-5.3M	-9.9M	-35.3M	-44.9M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-56.9M
Sale/Maturity of Investments	37.6M	72M	305.7M	60M	64M	0.0	0.0	0.0	0.0	0.0	1.1M	0.0	0.0	0.0	6.1M	8M	21.4M	21.7M
Other Investing Items	-98.1M	200.8M	250.8M	2.8M	9.2M	32.5M	28.6M	145.7M	31.4M	3.7M	4.6M	53.9M	13.8M	28.7M	48.7M	18.9M	48.2M	1.1M
Cash from Investing Activities	-162.9M	-79.5M	(79.1M)	(46.2M)	-787.5M	-36.4M	-8.9M	-112.6K	-42.7M	-34.4M	-43M	-119.3M	-621.1M	-236.5M	-283.8M	-23.9M	(12.8M)	-138.3M
FINANCING ACTIVITIES
Net Issuance of Common Stock	0.0	0.0	-43.8M	-60.1M	0.0	0.0	0.0	111.2M	91.7M	69M	96.6M	96.5M	48M	194.1M	0.0	151.2M	0.0	0.0
Net Issuance of Debt	-331.4M	-314M	-256M	30M	570M	-165.1M	-149.6M	-139.2M	-192.2M	-134.6M	-210.4M	-100.5M	305.7M	118.5M	101.7M	-93.9M	-94.4M	281.7M
Cash Paid for Dividends	-79.3M	-74.1M	-71.9M	-119.5M	-71.3M	-65.5M	-58.7M	-49.1M	-37.8M	-75M	-102.3M	-93.1M	-81.5M	-73.1M	-61.5M	-10M	-161.2M	-279.8M
Share Repurchases	(0.0)	(0.0)	-60M	-60.1M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Other Financing Items	-175.3M	-3M	-9M	0.0	-16.1M	-9.6M	-3.9M	-3.4M	4M	13.1M	1.4M	-7.2M	-11.8M	-1.8M	-13.4M	-4M	2.9M	-24.5M
Cash from Financing Activities	-586M	-505.5M	-396.8M	-149.7M	482.6M	-241.9M	-212.2M	-80.5M	-134.2M	-127.4M	-214.7M	-104.3M	260.4M	237.7M	26.8M	43.4M	-252.7M	-22.5M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates	12.9M	0.0	0.0	-16.4M	0.0	0.0	0.0	-52.3M	-12K	-7K	16K	0.0	58K	25K	0.0	0.0	0.0	0.0
Net Change in Cash	-194.8M	-47.3M	13.6M	443M	161.6M	-4M	29.4M	-52.4M	14.1M	64.8M	-13M	19.7M	-173.9M	169.3M	-61.8M	147.5M	-78M	86.7M
Cash at Beginning of Period	722.8M	825.2M	811.6M	284.9M	191.9M	195.9M	166.5M	218.9M	164.9M	100.1M	113.1M	93.4M	267.3M	98M	159.8M	12.3M	90.3M	3.6M
Cash at End of Period	528M	777.9M	825.2M	727.8M	353.5M	191.9M	195.9M	166.5M	179M	164.9M	100.1M	113.1M	93.4M	267.3M	98M	159.8M	12.3M	90.3M
Free Cash Flow	472.3M	257.2M	49M	500.9M	-525.6M	172.4M	188.4M	-142.9M	126.8M	223.8M	241.9M	155.2M	-455.6M	-97.1M	-143.4M	77.2M	105.1M	143.3M

SEC Filings

CMRE - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2026 Q1 Q1	May 20, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	April 29, 2026	April 28, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	April 02, 2026	April 02, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 04, 2026	March 04, 2026	2026	View Filing
20-F 20-F 2025 FY FY	March 04, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2026 Q1 Q1	February 18, 2026	February 18, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	January 02, 2026	January 02, 2026	2026	View Filing
6-K 6-K 2025 Q3 Q3	November 25, 2025	September 30, 2025	2025	View Filing
6-K 6-K 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 21, 2025	October 21, 2025	2025	View Filing

Showing 1 to 10 of 330 filings

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