Costamare (CMRE) Interest Coverage Ratio (2009 - 2026)
Costamare (CMRE) posted Interest Coverage Ratio of 4.88 for Q1 2026, up 218.79% on a QoQ basis from 4.1 in Q4 2025, and down 6.1% year-over-year from 5.19 in Q1 2025.
Costamare (CMRE) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Costamare's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 4.88 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 6.1% year-over-year to 4.88 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.88 (down 7.39% YoY) and the FY2025 annual result came in at 4.95, up 23.34% from the prior year.
- Interest Coverage Ratio was 4.88 for Q1 2026 at Costamare, up from 4.1 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5.19 in Q1 2025 and bottomed at 6.08 in Q4 2022.
- A 5-year average of 2.43 and a median of 4.18 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio jumped 169.63% — and 2024, when it plunged 107.41%.
- Costamare's Interest Coverage Ratio stood at 6.08 in 2022, then soared by 49.14% to 3.09 in 2023, then tumbled by 40.2% to 4.34 in 2024, then advanced by 5.34% to 4.1 in 2025, then soared by 218.79% to 4.88 in 2026.
- Business Quant data shows CMRE's Interest Coverage Ratio at 4.88 in Q1 2026, 4.1 in Q4 2025, and 5.45 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,961,330.08 Bn | 2,961,329.16 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,539.20 Bn | 2,538.33 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,575.32 Bn | 1,575.17 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,428.00 Bn | 1,427.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 59.56 Bn | 59.53 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.07 Bn | 8.00 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.29 Bn | 6.19 Bn | - | 0.15 |
| 8 | Intercont (Cayman) | 3.94 Bn | 3.93 Bn | - | - |
| 9 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -8.49 |
| 10 | Costamare | 1.90 Bn | 1.30 Bn | 195.64 Mn | 4.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.88 |
| Dec 31, 2025 | -4.10 |
| Sep 30, 2025 | -5.45 |
| Jun 30, 2025 | -5.15 |
| Mar 31, 2025 | 5.19 |
| Dec 31, 2024 | -4.34 |
| Sep 30, 2024 | -4.75 |
| Jun 30, 2024 | -4.18 |
| Mar 31, 2024 | 2.87 |
| Dec 31, 2023 | -3.09 |
| Sep 30, 2023 | -2.29 |
| Jun 30, 2023 | -3.36 |
| Mar 31, 2023 | 4.08 |
| Dec 31, 2022 | -6.08 |
| Sep 30, 2022 | -4.68 |
| Jun 30, 2022 | -5.03 |
| Mar 31, 2022 | -5.86 |
| Dec 31, 2021 | -7.23 |
| Sep 30, 2021 | -5.07 |
| Jun 30, 2021 | -4.02 |