Costamare (CMRE-PB) Operating Leases (2023 - 2025)

Costamare (CMRE-PB) reported Operating Leases of $61.3 million for Q1 2025, down 32.12% on a YoY basis from $90.4 million in Q1 2024, and down 29.85% quarter-over-quarter from $87.4 million in Q4 2024.

Costamare (CMRE-PB) Operating Leases (2023 - 2025) Analysis & Trends

Costamare has reported Operating Leases for 3 years, with the latest figure at $61.3 million in Q1 2025.

  • For the quarter ending Q1 2025, Operating Leases fell 32.12% year-over-year to $61.3 million; the trailing twelve-month figure through Mar 2025 stood at $61.3 million (down 32.12% YoY), and the FY2024 full-year result was $87.4 million, down 23.35% from the prior year.
  • Operating Leases for Q1 2025 stood at $61.3 million, down from $87.4 million in the prior quarter.
  • The five-year high for Operating Leases was $135.8 million in Q2 2023, with the low at $24.8 million in Q1 2023.
  • Historically, Operating Leases has averaged $91.5 million across 3 years, with a median of $90.4 million in 2024.
  • The largest YoY upside for Operating Leases was 263.75% in 2024 against a maximum downside of 41.43% in 2024.
  • Costamare's Operating Leases stood at $114.1 million in 2023, then retreated by 23.35% to $87.4 million in 2024, then slipped by 29.85% to $61.3 million in 2025.
  • The last three Operating Leases figures came in at $61.3 million (Q1 2025), $87.4 million (Q4 2024), and $98.9 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn
3 Matson 5.69 Bn 5.59 Bn -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn
7 Costamare 1.93 Bn 1.42 Bn -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn -
10 Costamare - - -

Historic Data

Download Data
DateValue
Mar 31, 2025 61.33 Mn
Dec 31, 2024 87.42 Mn
Sep 30, 2024 98.87 Mn
Jun 30, 2024 79.56 Mn
Mar 31, 2024 90.35 Mn
Dec 31, 2023 114.06 Mn
Sep 30, 2023 131.36 Mn
Jun 30, 2023 135.85 Mn
Mar 31, 2023 24.84 Mn