Costamare Inc. | Small-cap | Industrials

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.1B
Gross Profit 556.7M 26.71%
Operating Income 463.9M 22.26%
Net Income 316.3M 15.18%
EPS (Diluted) $2.44

Balance Sheet Metrics

Total Assets 5.1B
Total Liabilities 2.6B
Shareholders Equity 2.6B
Debt to Equity 1.00

Cash Flow Metrics

Operating Cash Flow 491.1M
Free Cash Flow 257.2M

Revenue & Profitability Trend

Costamare Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue2.1B1.5B1.1B793.6M460.3M
Cost of Goods Sold1.5B1.1B513.2M351.8M248.7M
Gross Profit556.7M436.4M600.7M441.9M211.6M
Operating Expenses92.7M80.5M66.3M46.4M32.6M
Operating Income463.9M356.0M534.4M395.4M179.0M
Pre-tax Income316.3M381.0M554.7M435.1M8.9M
Income Tax-----
Net Income316.3M381.0M554.7M435.1M8.9M
EPS (Diluted)$2.44$2.95$4.26$3.28-$0.18

Income Statement Trend

Costamare Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets1.0B1.1B1.0B426.1M192.0M
Non-Current Assets4.1B4.2B3.9B4.0B2.8B
Total Assets5.1B5.3B4.9B4.4B3.0B
Liabilities
Current Liabilities745.6M662.8M423.1M370.0M207.0M
Non-Current Liabilities1.8B2.2B2.3B2.3B1.5B
Total Liabilities2.6B2.8B2.7B2.7B1.7B
Equity
Total Shareholders Equity2.6B2.4B2.2B1.7B1.3B

Balance Sheet Composition

Costamare Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income316.3M381.0M554.7M435.1M8.9M
Operating Cash Flow491.1M510.6M686.7M561.8M151.0M
Investing Activities
Capital Expenditures-90.8M-39.3M158.4M-869.5M-71.6M
Investing Cash Flow-79.5M79.1M42.5M-787.5M-36.4M
Financing Activities
Dividends Paid-74.1M-71.9M-119.5M-71.3M-65.5M
Financing Cash Flow-505.5M-396.8M-166.1M482.6M-241.9M
Free Cash Flow257.2M49.0M519.7M-525.6M172.4M

Cash Flow Trend

Costamare Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 3.91
Forward P/E 3.24
Price to Book 0.44
Price to Sales 0.68
PEG Ratio 3.24

Profitability Ratios

Profit Margin 15.49%
Operating Margin 25.16%
Return on Equity 12.15%
Return on Assets 5.62%

Financial Health

Current Ratio 1.55
Debt to Equity 86.06
Beta 1.12

Per Share Data

EPS (TTM) $2.44
Book Value per Share $21.56
Revenue per Share $17.18

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
cmre1.4B3.910.4412.15%15.49%86.06
Kirby 6.6B23.182.008.96%9.02%0.38
Matson 3.7B7.481.4020.48%14.72%26.81
Star Bulk Carriers 2.1B9.260.8411.09%18.62%57.83
BW LPG 1.9B6.811.0917.41%7.63%58.91
Danaos 1.6B3.670.4814.14%46.33%22.04

Financial data is updated regularly. All figures are in the company's reporting currency.