Costamare (CMRE-PB) Interest Coverage Ratio (2009 - 2026)
Costamare (CMRE-PB) reported Interest Coverage Ratio of 5.13 for Q1 2026, up 4.24% on a YoY basis from 4.93 in Q1 2025, and down 25.1% quarter-over-quarter from 4.1 in Q4 2025.
Costamare (CMRE-PB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Costamare has reported Interest Coverage Ratio for 18 years, with the latest figure at 5.13 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 4.24% year-over-year to 5.13; the trailing twelve-month figure through Mar 2026 stood at 4.93 (down 6.6% YoY), and the FY2025 full-year result was 5.06, up 13.27% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 5.13, down from 4.1 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.29 in Q3 2023, with the low at 6.08 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 4.48 across 5 years, with a median of 4.68 in 2022.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio jumped 51.03% — and 2024, when it sank 107.41%.
- Costamare's Interest Coverage Ratio stood at 6.08 in 2022, then jumped by 49.14% to 3.09 in 2023, then sank by 40.2% to 4.34 in 2024, then rose by 5.34% to 4.1 in 2025, then retreated by 25.1% to 5.13 in 2026.
- The last three Interest Coverage Ratio figures came in at 5.13 (Q1 2026), 4.1 (Q4 2025), and 5.45 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | -2,842.87 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -23.85 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 38.38 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -8.49 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.60 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.16 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -5.13 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -9.34 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Costamare | - | - | - | -5.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.13 |
| Dec 31, 2025 | -4.10 |
| Sep 30, 2025 | -5.45 |
| Jun 30, 2025 | -5.15 |
| Mar 31, 2025 | -5.36 |
| Dec 31, 2024 | -4.34 |
| Sep 30, 2024 | -4.75 |
| Jun 30, 2024 | -4.18 |
| Mar 31, 2024 | -3.14 |
| Dec 31, 2023 | -3.09 |
| Sep 30, 2023 | -2.29 |
| Jun 30, 2023 | -3.36 |
| Mar 31, 2023 | -4.20 |
| Dec 31, 2022 | -6.08 |
| Sep 30, 2022 | -4.68 |
| Jun 30, 2022 | -5.03 |
| Mar 31, 2022 | -5.86 |
| Dec 31, 2021 | -7.23 |
| Sep 30, 2021 | -5.07 |
| Jun 30, 2021 | -4.02 |