CMRE Costamare Inc

Price (delayed)

$15.22

Market cap

$1.86B

P/E Ratio

5.9

Dividend/share

$0.46

EPS

$2.58

Enterprise value

$3.58B

Costamare Inc. is a Greek and Marshall Islands corporation and one of the leading owners and providers of containerships for charter. Its headquarters are in Athens, Greece.

Highlights
The company's revenue has surged by 59% YoY and by 15% QoQ
The equity has grown by 9% YoY and by 3.8% from the previous quarter
The P/E is 84% higher than the last 4 quarters average of 3.2 but 47% lower than the 5-year quarterly average of 11.1
CMRE's quick ratio is down by 19% year-on-year but it is up by 19% since the previous quarter
CMRE's gross margin is down by 43% year-on-year and by 8% since the previous quarter
Costamare's EPS has decreased by 43% YoY and by 13% from the previous quarter

Key stats

What are the main financial stats of CMRE
Market
Shares outstanding
122.53M
Market cap
$1.86B
Enterprise value
$3.58B
Valuations
Price to book (P/B)
0.73
Price to sales (P/S)
1.04
EV/EBIT
7.47
EV/EBITDA
5.55
EV/Sales
2.06
Earnings
Revenue
$1.74B
EBIT
$478.95M
EBITDA
$644.65M
Free cash flow
$283.48M
Per share
EPS
$2.58
Free cash flow per share
$2.39
Book value per share
$20.9
Revenue per share
$14.65
TBVPS
$45.1
Balance sheet
Total assets
$5.35B
Total liabilities
$2.82B
Debt
$2.61B
Equity
$2.47B
Working capital
$600M
Liquidity
Debt to equity
1.06
Current ratio
1.91
Quick ratio
1.53
Net debt/EBITDA
2.66
Margins
EBITDA margin
37.1%
Gross margin
38%
Net margin
19.5%
Operating margin
24%
Efficiency
Return on assets
5.8%
Return on equity
13%
Return on invested capital
7.3%
Return on capital employed
10.2%
Return on sales
27.6%
Dividend
Dividend yield
3.02%
DPS
$0.46
Payout ratio
17.8%

CMRE stock price

How has the Costamare stock price performed over time
Intraday
0.26%
1 week
-1.17%
1 month
1.47%
1 year
55.15%
YTD
46.21%
QTD
-7.36%

Financial performance

How have Costamare's revenue and profit performed over time
Revenue
$1.74B
Gross profit
$661.13M
Operating income
$417.45M
Net income
$338.46M
Gross margin
38%
Net margin
19.5%
Costamare's net margin has plunged by 63% YoY and by 24% from the previous quarter
CMRE's operating margin has dropped by 61% year-on-year and by 22% since the previous quarter
The company's revenue has surged by 59% YoY and by 15% QoQ
CMRE's gross margin is down by 43% year-on-year and by 8% since the previous quarter

Growth

What is Costamare's growth rate over time

Valuation

What is Costamare stock price valuation
P/E
5.9
P/B
0.73
P/S
1.04
EV/EBIT
7.47
EV/EBITDA
5.55
EV/Sales
2.06
The P/E is 84% higher than the last 4 quarters average of 3.2 but 47% lower than the 5-year quarterly average of 11.1
Costamare's EPS has decreased by 43% YoY and by 13% from the previous quarter
CMRE's price to book (P/B) is 46% higher than its last 4 quarters average of 0.5 and 4.3% higher than its 5-year quarterly average of 0.7
The equity has grown by 9% YoY and by 3.8% from the previous quarter
The company's revenue has surged by 59% YoY and by 15% QoQ
The stock's price to sales (P/S) is 35% less than its 5-year quarterly average of 1.6 but 16% more than its last 4 quarters average of 0.9

Efficiency

How efficient is Costamare business performance
Costamare's ROS has plunged by 58% YoY and by 21% from the previous quarter
The company's return on equity has shrunk by 51% YoY and by 15% QoQ
Costamare's return on assets has decreased by 49% YoY and by 15% QoQ
CMRE's ROIC is down by 35% YoY and by 10% QoQ

Dividends

What is CMRE's dividend history
DPS
$0.46
Dividend yield
3.02%
Payout ratio
17.8%
Recent dividends

Financial health

How did Costamare financials performed over time
The total assets is 90% more than the total liabilities
CMRE's quick ratio is down by 19% year-on-year but it is up by 19% since the previous quarter
CMRE's current ratio is up by 13% from the previous quarter but it is down by 12% YoY
Costamare's debt is 6% more than its equity
The equity has grown by 9% YoY and by 3.8% from the previous quarter
Costamare's debt to equity has decreased by 8% YoY and by 4.5% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.