Costamare Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $364.6M | $319.9M | $385.7M | $555.0M | $435.1M | $8.9M | $99.0M | $67.2M |
| Depreciation & Amortization | $129.5M | $126.8M | $126.7M | $166.0M | $137.0M | $108.7M | $113.5M | $96.3M |
| Depreciation | — | — | — | — | $129.4M | $101.5M | $102.1M | $82.4M |
| Amortization | — | — | — | — | — | $192.0K | $191.0K | $27.0K |
| Stock-Based Compensation | $7.0M | $8.4M | $5.9M | $7.1M | $7.4M | $3.7M | $3.9M | $3.8M |
| Net Cash from Operating Activities | $536.9M | $537.7M | $331.4M | $581.6M | $466.5M | $274.3M | $250.4M | $140.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $0 | $0 | $-2.8M | $0 | $0 | — | — | — |
| Net Cash from Investing Activities | — | $-79.5M | $79.1M | $42.5M | $-787.5M | $-36.4M | $-8.9M | $-112.6M |
| Financing Activities | ||||||||
| Dividends Paid | $79.3M | $74.1M | $71.9M | $119.5M | $71.3M | $65.5M | $58.7M | $49.1M |
| Stock Repurchases | $0 | $0 | $60.0M | $60.1M | $0 | $0 | — | — |
| Net Cash from Financing Activities | — | $-505.5M | $-396.8M | $-166.1M | $482.6M | $-241.9M | $-212.2M | $-80.5M |
| Net Change in Cash | $-207.7M | $-47.3M | $13.6M | $458.0M | $161.6M | $-4.0M | $29.4M | $-52.4M |
| Free Cash Flow | — | — | — | — | — | — | — | — |