Costamare (CMRE) Interest Expenses (2009 - 2026)
Costamare's (CMRE) quarterly Interest Expenses came in at -$17.6 million in Q2 2026, up 21.11% YoY from -$14.5 million in Q2 2025, and down 187.97% on a QoQ basis from $20.0 million in Q1 2026.
Costamare (CMRE) Interest Expenses (2009 - 2026) Analysis & Trends
Costamare (CMRE) has 18 years of Interest Expenses data on file, last reported at -$17.6 million in Q2 2026.
- Quarterly Interest Expenses rose 21.11% year-over-year to -$17.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$43.7 million (up 17.58% YoY) and the FY2025 annual result came in at $92.2 million, down 70.98% from the prior year.
- Interest Expenses declined to -$17.6 million in Q2 2026, from $20.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $325.4 million in Q2 2023 to a low of -$36.7 million in Q3 2023.
- A 5-year average of $20.1 million and a median of -$23.4 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 1181.7% — and 2025, when it slumped 108.78%.
- Tracing CMRE's Interest Expenses over 5 years: stood at -$35.8 million in 2022, then advanced by 3.86% to -$34.4 million in 2023, then gained by 19.89% to -$27.6 million in 2024, then rose by 10.94% to -$24.5 million in 2025, then gained by 28.47% to -$17.6 million in 2026.
- The last three Interest Expenses figures came in at -$17.6 million (Q2 2026), $20.0 million (Q1 2026), and -$24.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | -38.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -17.56 Mn |
| Jun 30, 2026 | -17.56 Mn |
| 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 | 253.48 Mn |
| Jun 30, 2024 | 253.48 Mn |
| Mar 31, 2024 | 35.98 Mn |
| Mar 31, 2024 | 35.98 Mn |