Costamare [CMRE] vs Golden Ocean [GOGL] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Costamare Inc. wins in 16 metrics, Golden Ocean Group Ltd. wins in 4 metrics, with 0 ties. Costamare Inc. appears stronger overall.

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Vital Metrics Comparison

Metric Costamare Inc. Golden Ocean Group Ltd. Better
P/E Ratio (TTM) 5.25 14.00 Costamare Inc.
Price-to-Book Ratio 0.94 0.87 Golden Ocean Group Ltd.
Debt-to-Equity Ratio 70.17 79.13 Costamare Inc.
PEG Ratio 0.04 -0.08 Costamare Inc.
EV/EBITDA 5.05 8.98 Costamare Inc.
Profit Margin (TTM) 41.53% 13.16% Costamare Inc.
Operating Margin (TTM) 47.51% -13.63% Costamare Inc.
EBITDA Margin (TTM) 47.51% N/A N/A
Return on Equity 16.77% 6.06% Costamare Inc.
Return on Assets (TTM) 6.30% 3.43% Costamare Inc.
Free Cash Flow (TTM) $242.16M $263.85M Golden Ocean Group Ltd.
Dividend Yield 3.75% 10.23% Golden Ocean Group Ltd.
1-Year Return 79.46% -34.80% Costamare Inc.
Price-to-Sales Ratio (TTM) 2.23 1.84 Golden Ocean Group Ltd.
Enterprise Value $2.95B $2.93B Costamare Inc.
EV/Revenue Ratio 3.36 3.39 Costamare Inc.
Gross Profit Margin (TTM) 53.81% -9.86% Costamare Inc.
Revenue per Share (TTM) $7 $4 Costamare Inc.
Earnings per Share (Diluted) $3.09 $0.57 Costamare Inc.
Beta (Stock Volatility) 1.12 1.13 Costamare Inc.
Short % of Float 4.94% 11.02% Costamare Inc.

Costamare Inc. vs Golden Ocean Group Ltd. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Costamare Inc.-0.87%-5.12%-3.47%-13.07%-1.58%-0.70%
Golden Ocean Group Ltd.0.00%-3.51%-2.33%2.44%10.07%10.07%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Costamare Inc.79.46%85.97%41.23%55.83%-10.16%30.89%
Golden Ocean Group Ltd.-34.80%-23.56%90.91%-49.17%-91.34%-95.79%

Performance & Financial Health Analysis: Costamare Inc. vs Golden Ocean Group Ltd.

MetricCMREGOGL
Market Information
Market Cap i$1.96B$1.63B
Market Cap CategorySmall capSmall cap
10 Day Avg. Volume i355,7092,153,485
90 Day Avg. Volume i384,8233,042,598
Last Close$15.44$7.98
52 Week Range$8.41 - $18.06$6.27 - $13.44
% from 52W High-14.53%-40.62%
All-Time High$24.94 (Jul 21, 2014)$237.50 (May 09, 2005)
% from All-Time High-38.09%-96.64%
Growth Metrics
Quarterly Revenue Growth-0.05%-0.43%
Quarterly Earnings Growth1.23%-0.42%
Financial Health
Profit Margin (TTM) i0.42%0.13%
Operating Margin (TTM) i0.48%-0.14%
Return on Equity (TTM) i0.17%0.06%
Debt to Equity (MRQ) i70.1779.13
Cash & Liquidity
Book Value per Share (MRQ)$17.30$9.16
Cash per Share (MRQ)$4.93$0.54
Operating Cash Flow (TTM) i$544.27M$246.16M
Levered Free Cash Flow (TTM) i$18.22M$127.30M
Dividends
Last 12-Month Dividend Yield i3.75%10.23%
Last 12-Month Dividend i$0.36$0.80

Valuation & Enterprise Metrics Analysis: Costamare Inc. vs Golden Ocean Group Ltd.

MetricCMRE (Apr 24, 2026)GOGL (Sep 06, 2025)
Price Ratios
P/E Ratio (TTM) i5.2514.00
Forward P/E i6.214.51
PEG Ratio i0.04-0.08
Price to Sales (TTM) i2.231.84
Price to Book (MRQ) i0.940.87
Market Capitalization
Market Capitalization i$1.96B$1.63B
Enterprise Value i$2.95B$2.93B
Enterprise Value Metrics
Enterprise to Revenue i3.363.39
Enterprise to EBITDA i5.058.98
Risk & Other Metrics
Beta i1.121.13
Book Value per Share (MRQ) i$17.30$9.16

Financial Statements Comparison: Costamare Inc. vs Golden Ocean Group Ltd.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricCMRE (2025)GOGL (2024)
Revenue/Sales i877.90M968.42M
Cost of Goods Sold i375.07M651.20M
COGS % of Revenue i42.7%67.2%
Gross Profit i502.83M317.22M
Gross Margin i57.3%32.8%
Research & Development iN/AN/A
Operating Income (EBIT) i453.92M292.91M
Operating Margin i51.7%30.2%
EBITDA i592.73M430.29M
EBITDA Margin i67.5%44.4%
Pre-Tax Income i396.55M223.76M
Pre-Tax Income % of Revenue i45.2%23.1%
Income Tax iN/A548,000
Income Tax % of Revenue i0.0%0.1%
Net Income (Profit) i369.00M223.21M
Profit Margin i42.0%23.0%

Balance Sheet & Liquidity Metrics

MetricCMRE (2025)GOGL (2024)
Cash & Equivalents i519.85M129.11M
Total Current Assets i690.67M286.54M
Total Current Assets % of Revenue i78.7%29.6%
Total Current Liabilities i398.57M234.39M
Total Current Liabilities % of Revenue i45.4%24.2%
Long-Term Debt i1.25B1.24B
Long-Term Debt % of Revenue i142.0%128.5%
Total Shareholders Equity i2.16B1.90B
Retained Earnings i868.73M320.85M
Retained Earnings % of Revenue i99.0%33.1%
Property, Plant & Equipment iN/A53.66M

Cash Flow Statement Comparison

MetricCMRE (2025)GOGL (2024)
Operating Cash Flow i547.16M366.34M
Operating Cash Flow % of Revenue i62.3%37.8%
Capital Expenditures i-179.10M-8.20M
Free Cash Flow i242.16M263.85M
FCF Margin i27.6%27.2%
Debt Repayment i-838.61M-766.05M
Common Stock Repurchase i0-5.74M

Short Interest & Institutional Ownership Analysis

MetricCMREGOGL
Shares Short i2.16M13.01M
Short Ratio i5.203.97
Short % of Float i4.94%11.02%
Shares Outstanding i120.58M199.40M
Float Shares i47.46M99.62M
% Held by Insiders i63.61%49.36%
% Held by Institutions i32.61%30.01%
% Held by Public i3.78%20.63%

Dividend Analysis & Yield Comparison: Costamare Inc. vs Golden Ocean Group Ltd.

MetricCMREGOGL
Last 12-Month Dividend i$0.36$0.80
Last 12-Month Dividend Yield i3.75%10.23%
3-Year Avg Annual Dividend i$0.44$0.95
3-Year Avg Dividend Yield i1.07%2.48%
3-Year Total Dividends i$1.32$2.85
Ex-Dividend DateJan 21, 2025Jun 05, 2025