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
DateValue
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