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
DateValue
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