Costamare (CMRE) Interest Expenses (2009 - 2026)
Costamare (CMRE) posted Interest Expenses of $20.0 million for Q1 2026, up 181.31% on a QoQ basis from -$24.5 million in Q4 2025, and down 15.8% year-over-year from $23.7 million in Q1 2025.
Costamare (CMRE) Interest Expenses (2009 - 2026) Analysis & Trends
Costamare's Interest Expenses history runs 18 years deep, the most recent figure standing at $20.0 million for Q1 2026.
- Quarterly Interest Expenses fell 15.8% year-over-year to $20.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$48.4 million (up 17.98% YoY) and the FY2025 annual result came in at $92.2 million, down 24.47% from the prior year.
- Interest Expenses was $20.0 million for Q1 2026 at Costamare, up from -$24.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $38.0 million in Q1 2023 and bottomed at -$36.7 million in Q3 2023.
- A 5-year average of -$15.5 million and a median of -$27.0 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses sank 56.02% — and 2023, when it soared 251.14%.
- Costamare's Interest Expenses stood at -$35.8 million in 2022, then grew by 3.86% to -$34.4 million in 2023, then climbed by 19.89% to -$27.6 million in 2024, then advanced by 10.94% to -$24.5 million in 2025, then jumped by 181.31% to $20.0 million in 2026.
- Business Quant data shows CMRE's Interest Expenses at $20.0 million in Q1 2026, -$24.5 million in Q4 2025, and -$21.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,979,281.21 Bn | 2,979,280.29 Bn | 57.20 Mn | -112.20 Mn |
| 2 | Danaos | 2,574.17 Bn | 2,573.29 Bn | 203.71 Mn | 23.11 Mn |
| 3 | Sfl | 1,562.77 Bn | 1,562.62 Bn | 66.27 Mn | -38.14 Mn |
| 4 | Capital Clean Energy Carriers | 1,408.80 Bn | 1,408.26 Bn | 95.52 Mn | -23.03 Mn |
| 5 | Globus Maritime | 61.42 Bn | 61.39 Bn | 8,083.00 | -1.59 Mn |
| 6 | Kirby | 8.26 Bn | 8.18 Bn | 291.34 Mn | 3.48 Mn |
| 7 | Matson | 6.37 Bn | 6.27 Bn | - | 407.70 Mn |
| 8 | Intercont (Cayman) | 3.93 Bn | 3.92 Bn | - | - |
| 9 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -12.94 Mn |
| 10 | Costamare | 1.91 Bn | 1.31 Bn | 195.64 Mn | 19.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.96 Mn |
| Mar 31, 2026 | 19.96 Mn |
| Dec 31, 2025 | -24.55 Mn |
| Dec 31, 2025 | -24.55 Mn |
| Sep 30, 2025 | -21.60 Mn |
| Sep 30, 2025 | -21.60 Mn |
| Jun 30, 2025 | -22.26 Mn |
| Jun 30, 2025 | -22.26 Mn |
| Mar 31, 2025 | 23.70 Mn |
| Mar 31, 2025 | 23.70 Mn |
| Dec 31, 2024 | -27.56 Mn |
| Dec 31, 2024 | -27.56 Mn |
| Sep 30, 2024 | -26.96 Mn |
| Sep 30, 2024 | -26.96 Mn |
| Jun 30, 2024 | -28.25 Mn |
| Jun 30, 2024 | -28.25 Mn |
| Mar 31, 2024 | 35.98 Mn |
| Mar 31, 2024 | 35.98 Mn |
| Dec 31, 2023 | -34.41 Mn |
| Dec 31, 2023 | -34.41 Mn |