Costamare (CMRE-PC) Interest Expenses (2009 - 2026)
Costamare (CMRE-PC) reported Interest Expenses of -$19.0 million for Q1 2026, up 17.43% on a YoY basis from -$16.1 million in Q1 2025, and up 22.79% quarter-over-quarter from -$24.5 million in Q4 2025.
Costamare (CMRE-PC) Interest Expenses (2009 - 2026) Analysis & Trends
Costamare has reported Interest Expenses for 18 years, with the latest figure at -$19.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 17.43% year-over-year to -$19.0 million; the trailing twelve-month figure through Mar 2026 stood at -$87.4 million (up 17.37% YoY), and the FY2025 full-year result was $90.2 million, down 17.75% from the prior year.
- Interest Expenses for Q1 2026 stood at -$19.0 million, up from -$24.5 million in the prior quarter.
- The five-year high for Interest Expenses was -$19.0 million in Q1 2026, with the low at -$36.9 million in Q1 2023.
- Historically, Interest Expenses has averaged -$29.0 million across 5 years, with a median of -$28.2 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses slumped 56.02% — and 2025, when it jumped 30.34%.
- Costamare's Interest Expenses stood at -$35.8 million in 2022, then advanced by 3.86% to -$34.4 million in 2023, then gained by 19.89% to -$27.6 million in 2024, then rose by 10.94% to -$24.5 million in 2025, then gained by 22.79% to -$19.0 million in 2026.
- The last three Interest Expenses figures came in at -$19.0 million (Q1 2026), -$24.5 million (Q4 2025), and -$21.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | -1,852.00 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 11.22 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 1.60 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -12.94 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 127.05 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -112.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -18.95 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -30.60 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Costamare | - | - | - | -18.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.95 Mn |
| Mar 31, 2026 | -18.95 Mn |
| Dec 31, 2025 | -24.55 Mn |
| Dec 31, 2025 | -24.55 Mn |
| Sep 30, 2025 | -21.60 Mn |
| Sep 30, 2025 | -21.60 Mn |
| Jun 30, 2025 | -22.26 Mn |
| Jun 30, 2025 | -22.26 Mn |
| Mar 31, 2025 | -22.95 Mn |
| Mar 31, 2025 | -22.95 Mn |
| Dec 31, 2024 | -27.56 Mn |
| Dec 31, 2024 | -27.56 Mn |
| Sep 30, 2024 | -26.96 Mn |
| Sep 30, 2024 | -26.96 Mn |
| Jun 30, 2024 | -28.25 Mn |
| Jun 30, 2024 | -28.25 Mn |
| Mar 31, 2024 | -32.95 Mn |
| Mar 31, 2024 | -32.95 Mn |
| Dec 31, 2023 | -34.41 Mn |
| Dec 31, 2023 | -34.41 Mn |