COSTAMARE INC.

CMRE-PD ·Industrials, Marine Shipping
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $877.9M $888.5M $848.3M $1.11B $793.6M $460.3M $478.1M $380.4M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $10.1M $13.3M $9.7M $9.7M $6.9M $4.1M $3.1M $2.9M
Operating Income $456.2M $489.7M $595.0M $662.2M $441.4M $60.3M $173.1M $117.2M
Operating Margin 52.0% 55.1% 70.1% 59.5% 55.6% 13.1% 36.2% 30.8%
Interest Expense $90.2M $117.1M $126.8M $107.2M $72.3M $66.5M $88.3M $61.4M
Pretax Income
Income Tax Expense
Net Income $364.6M $319.9M $385.7M $555.0M $435.1M $8.9M $99.0M $67.2M
Net Margin 41.5% 36.0% 45.5% 49.8% 54.8% 1.9% 20.7% 17.7%
EPS (Basic) $2.86 $2.44 $2.95 $4.26 $3.28 $-0.18 $0.59 $0.33
EPS (Diluted) $3.28 $-0.18 $0.59 $0.33
Shares Outstanding (Basic) 120.2M 119.3M 120.3M 123.0M 123.1M 120.7M 119.1M
Shares Outstanding (Diluted) 120.2M 119.3M 120.3M 123.0M 123.1M 120.7M 119.1M 0
Dividends Per Share $0.10 $0.10 $0.10
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