Costamare (CMRE) Asset Writedowns and Impairment (2014 - 2025)
Costamare (CMRE) posted Asset Writedowns and Impairment of $4.7 million for Q1 2025, up 303.0% on a QoQ basis from -$2.3 million in Q4 2024, and up 294.54% year-over-year from $1.2 million in Q1 2024.
Costamare (CMRE) Asset Writedowns and Impairment (2014 - 2025) Analysis & Trends
Costamare's Asset Writedowns and Impairment history runs 11 years deep, the most recent figure standing at $4.7 million for Q1 2025.
- Quarterly Asset Writedowns and Impairment rose 294.54% year-over-year to $4.7 million in Q1 2025, while the trailing twelve-month figure through Mar 2025 was -$4.7 million (up 34.27% YoY) and the FY2024 annual result came in at -$2.3 million, down 199.78% from the prior year.
- Asset Writedowns and Impairment was $4.7 million for Q1 2025 at Costamare, up from -$2.3 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $4.7 million in Q1 2025 and bottomed at -$4.9 million in Q3 2023.
- A 5-year average of -$940833.3 and a median of -$2.3 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment slumped 202.13% — and 2025, when it soared 294.54%.
- Costamare's Asset Writedowns and Impairment stood at $3.1 million in 2021, then tumbled by 154.55% to -$1.7 million in 2022, then slumped by 36.31% to -$2.3 million in 2023, then climbed by 0.22% to -$2.3 million in 2024, then jumped by 303.0% to $4.7 million in 2025.
- Business Quant data shows CMRE's Asset Writedowns and Impairment at $4.7 million in Q1 2025, -$2.3 million in Q4 2024, and -$4.8 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,973,377.85 Bn | 2,973,376.93 Bn | 57.20 Mn |
| 2 | Danaos | 2,523.81 Bn | 2,522.94 Bn | 203.71 Mn |
| 3 | Sfl | 1,575.39 Bn | 1,575.24 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 58.94 Bn | 58.91 Bn | 8,083.00 |
| 6 | Kirby | 7.99 Bn | 7.91 Bn | 291.34 Mn |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - |
| 8 | Intercont (Cayman) | 3.95 Bn | 3.95 Bn | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn |
| 10 | Costamare | 1.89 Bn | 1.28 Bn | 195.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 4.67 Mn |
| Mar 31, 2025 | 4.67 Mn |
| Dec 31, 2024 | -2.30 Mn |
| Dec 31, 2024 | -2.30 Mn |
| Sep 30, 2024 | -4.80 Mn |
| Sep 30, 2024 | -4.80 Mn |
| Jun 30, 2024 | -2.31 Mn |
| Jun 30, 2024 | -2.31 Mn |
| Mar 31, 2024 | -2.40 Mn |
| Mar 31, 2024 | -2.40 Mn |
| Dec 31, 2023 | -2.31 Mn |
| Dec 31, 2023 | -2.31 Mn |
| Sep 30, 2023 | -4.86 Mn |
| Sep 30, 2023 | -4.86 Mn |
| Jun 30, 2023 | 2.35 Mn |
| Jun 30, 2023 | 2.35 Mn |
| Mar 31, 2023 | 2.35 Mn |
| Mar 31, 2023 | 2.35 Mn |
| Dec 31, 2022 | -1.69 Mn |
| Dec 31, 2022 | -1.69 Mn |