Costamare (CMRE) Asset Writedowns and Impairment (2014 - 2025)
Costamare's (CMRE) quarterly Asset Writedowns and Impairment came in at $4.7 million in Q1 2025, up 294.54% YoY from $1.2 million in Q1 2024, and up 303.0% on a QoQ basis from -$2.3 million in Q4 2024.
Costamare (CMRE) Asset Writedowns and Impairment (2014 - 2025) Analysis & Trends
Costamare (CMRE) has 11 years of Asset Writedowns and Impairment data on file, last reported at $4.7 million in 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 60.21% YoY) and the FY2024 annual result came in at -$2.3 million, down 199.78% from the prior year.
- Asset Writedowns and Impairment grew to $4.7 million in Q1 2025, from -$2.3 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $4.7 million in Q1 2025 to a low of -$79.0 million in Q2 2021.
- A 5-year average of -$8.2 million 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 tumbled 202.13% — and 2025, when it soared 294.54%.
- Tracing CMRE's Asset Writedowns and Impairment over 5 years: stood at -$79.0 million in 2021, then jumped by 97.86% to -$1.7 million in 2022, then plunged by 36.31% to -$2.3 million in 2023, then gained by 0.22% to -$2.3 million in 2024, then surged by 303.0% to $4.7 million in 2025.
- The last three Asset Writedowns and Impairment figures came in at $4.7 million (Q1 2025), -$2.3 million (Q4 2024), and -$4.8 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn |
| 10 | Sfl | 1.66 Bn | 1.51 Bn | 106.91 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 |