Costamare (CMRE-PD) Debt to Equity (2009 - 2026)
Costamare (CMRE-PD) reported Debt to Equity of $0.69 for Q1 2026, down 10.19% on a YoY basis from $0.77 in Q1 2025, and down 4.4% quarter-over-quarter from $0.73 in Q4 2025.
Costamare (CMRE-PD) Debt to Equity (2009 - 2026) Analysis & Trends
Costamare has reported Debt to Equity for 18 years, with the latest figure at $0.69 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 10.19% year-over-year to $0.69; the trailing twelve-month figure through Mar 2026 stood at $0.69 (down 10.19% YoY), and the FY2025 full-year result was $0.73, up 27.61% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.69, down from $0.73 in the prior quarter.
- The five-year high for Debt to Equity was $1.2 in Q4 2022, with the low at $0.57 in Q4 2024.
- Historically, Debt to Equity has averaged $0.89 across 5 years, with a median of $0.9 in 2024.
- Annual changes were most pronounced in 2024 — Debt to Equity sank 40.85% — and 2025, when it rose 27.61%.
- Costamare's Debt to Equity stood at $1.2 in 2022, then fell by 19.71% to $0.96 in 2023, then slumped by 40.85% to $0.57 in 2024, then climbed by 27.61% to $0.73 in 2025, then declined by 4.4% to $0.69 in 2026.
- The last three Debt to Equity figures came in at $0.69 (Q1 2026), $0.73 (Q4 2025), and $0.78 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.27 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.13 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.48 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.43 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.69 |
| 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 | - | - | - | 0.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 0.78 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 0.77 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.87 |
| Jun 30, 2024 | 0.93 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 0.96 |
| Sep 30, 2023 | 1.05 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 1.11 |
| Dec 31, 2022 | 1.20 |
| Dec 31, 2021 | 1.41 |
| Dec 31, 2020 | 1.08 |
| Dec 31, 2019 | 1.00 |
| Dec 31, 2018 | 0.96 |
| Dec 31, 2017 | 0.70 |
| Dec 31, 2016 | 0.98 |