Costamare (CMRE-PD) Debt Ratio (2009 - 2026)
Costamare (CMRE-PD) reported Debt Ratio of 0.38 for Q1 2026, down 2.47% on a YoY basis from 0.39 in Q1 2025, and down 2.93% quarter-over-quarter from 0.39 in Q4 2025.
Costamare (CMRE-PD) Debt Ratio (2009 - 2026) Analysis & Trends
Costamare has reported Debt Ratio for 18 years, with the latest figure at 0.38 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 2.47% year-over-year to 0.38; the trailing twelve-month figure through Mar 2026 stood at 0.38 (down 2.47% YoY), and the FY2025 full-year result was 0.39, up 41.18% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.38, down from 0.39 in the prior quarter.
- The five-year high for Debt Ratio was 0.58 in Q2 2022, with the low at 0.28 in Q4 2024.
- Historically, Debt Ratio has averaged 0.45 across 5 years, with a median of 0.44 in 2024.
- Annual changes were most pronounced in 2024 — Debt Ratio tumbled 37.4% — and 2025, when it jumped 41.18%.
- Costamare's Debt Ratio stood at 0.53 in 2022, then fell by 15.93% to 0.44 in 2023, then plunged by 37.4% to 0.28 in 2024, then jumped by 41.18% to 0.39 in 2025, then declined by 2.93% to 0.38 in 2026.
- The last three Debt Ratio figures came in at 0.38 (Q1 2026), 0.39 (Q4 2025), and 0.41 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.01 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.15 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.07 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.29 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.28 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.38 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.19 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 0.23 |
| 10 | Costamare | - | - | - | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 0.56 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.55 |
| Sep 30, 2021 | 0.57 |
| Jun 30, 2021 | 0.55 |