CMRE Costamare Inc
Price (delayed)
$10.47
Market cap
$1.26B
P/E Ratio
4.29
Dividend/share
$0.46
EPS
$2.44
Enterprise value
$2.88B
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 P/E is 55% lower than the 5-year quarterly average of 9.6 and 18% lower than the last 4 quarters average of 5.2
The company's revenue rose by 38% YoY and by 2.6% QoQ
Costamare's EPS has decreased by 19% from the previous quarter and by 17% YoY
Costamare's net income has decreased by 18% QoQ and by 17% YoY
Key stats
What are the main financial stats of CMRE
Market
Valuations
Earnings
Shares outstanding
119.95M
Market cap
$1.26B
Enterprise value
$2.88B
Price to earnings (P/E)
4.29
Price to book (P/B)
0.5
Price to sales (P/S)
0.6
EV/EBIT
6.37
EV/EBITDA
4.67
EV/Sales
1.38
Revenue
$2.08B
Gross profit
$744.49M
Operating income
$467.7M
Net income
$319.92M
EBIT
$453.04M
EBITDA
$617.25M
Free cash flow
$446.94M
Per share
Balance sheet
Liquidity
EPS
$2.44
EPS diluted
$2.44
Free cash flow per share
$3.75
Book value per share
$21.1
Revenue per share
$17.47
TBVPS
$43.16
Total assets
$5.15B
Total liabilities
$2.58B
Debt
$2.35B
Equity
$2.51B
Working capital
$294.66M
Debt to equity
0.94
Current ratio
1.4
Quick ratio
1.09
Net debt/EBITDA
2.64
Margins
Efficiency
Dividend
EBITDA margin
29.6%
Gross margin
35.7%
Net margin
15.4%
Operating margin
22.4%
Return on assets
5.5%
Return on equity
11.7%
Return on invested capital
7.3%
Return on capital employed
10.3%
Return on sales
21.7%
Dividend yield
4.39%
DPS
$0.46
Payout ratio
18.9%
CMRE stock price
How has the Costamare stock price performed over time
Intraday
-0.57%
1 week
-1.69%
1 month
-13.04%
1 year
-5.59%
YTD
-18.52%
QTD
-18.52%
Financial performance
How have Costamare's revenue and profit performed over time
Revenue
$2.08B
Gross profit
$744.49M
Operating income
$467.7M
Net income
$319.92M
Gross margin
35.7%
Net margin
15.4%
Costamare's net margin has decreased by 40% YoY and by 20% from the previous quarter
The company's revenue rose by 38% YoY and by 2.6% QoQ
CMRE's operating margin is down by 27% year-on-year but it is up by 4.2% since the previous quarter
CMRE's gross profit is up by 20% year-on-year and by 4.6% since the previous quarter
Growth
What is Costamare's growth rate over time
Valuation
What is Costamare stock price valuation
P/E
4.29
P/B
0.5
P/S
0.6
EV/EBIT
6.37
EV/EBITDA
4.67
EV/Sales
1.38
The P/E is 55% lower than the 5-year quarterly average of 9.6 and 18% lower than the last 4 quarters average of 5.2
Costamare's EPS has decreased by 19% from the previous quarter and by 17% YoY
CMRE's price to book (P/B) is 29% lower than its 5-year quarterly average of 0.7 and 29% lower than its last 4 quarters average of 0.7
The equity has grown by 5% YoY
The stock's price to sales (P/S) is 60% less than its 5-year quarterly average of 1.5 and 33% less than its last 4 quarters average of 0.9
The company's revenue rose by 38% YoY and by 2.6% QoQ
Efficiency
How efficient is Costamare business performance
Costamare's ROS has decreased by 38% YoY and by 16% from the previous quarter
The company's return on equity fell by 24% YoY and by 20% QoQ
Costamare's return on assets has decreased by 19% YoY and by 18% QoQ
CMRE's ROIC is down by 12% QoQ and by 10% YoY
Dividends
What is CMRE's dividend history
DPS
$0.46
Dividend yield
4.39%
Payout ratio
18.9%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Costamare financials performed over time
The total assets is 100% more than the total liabilities
CMRE's current ratio is down by 17% YoY and by 15% from the previous quarter
CMRE's quick ratio is down by 16% since the previous quarter and by 16% year-on-year
Costamare's debt is 6% less than its equity
Costamare's debt to equity has decreased by 15% YoY and by 6% QoQ
Costamare's debt has decreased by 11% YoY and by 5% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.