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
DateValue
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