Costamare (CMRE) Interest Expenses (2009 - 2026)
Costamare's (CMRE) quarterly Interest Expenses came in at -$17.6 million in Q2 2026, up 21.11% on a YoY basis from -$14.5 million in Q2 2025, and up 7.36% quarter-over-quarter from -$19.0 million in Q1 2026.
Analysis
Costamare (CMRE) Interest Expenses (2009 - 2026) Analysis & Trends
Costamare (CMRE) has reported Interest Expenses for 18 consecutive years, with -$17.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 21.11% year-over-year to -$17.6 million; the trailing twelve-month figure through Jun 2026 stood at -$82.7 million (down 72.46% YoY), and the FY2025 full-year result was -$91.4 million, down 162.12% from the prior year.
- Interest Expenses rose to -$17.6 million in Q2 2026 per CMRE's latest filing, from -$19.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $36.0 million in Q1 2024 and bottomed at -$36.9 million in Q1 2023.
- Historically, Interest Expenses has averaged -$21.6 million across 5 years, with a median of -$27.3 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Interest Expenses jumped 197.55% in 2024, then sank 165.69% in 2026.
- Over 5 years, 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 climbed by 28.47% to -$17.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$17.6 million, -$19.0 million, and -$24.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -35.23 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 10.98 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 1.60 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 10.56 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -10.19 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -157.87 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -36.10 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -107.70 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | -12.45 Mn |
| 10 | Costamare | 1.80 Bn | 1.43 Bn | 193.75 Mn | -17.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.56 Mn |
| Mar 31, 2026 | -18.95 Mn |
| Dec 31, 2025 | -24.55 Mn |
| Sep 30, 2025 | -21.60 Mn |
| Jun 30, 2025 | -22.26 Mn |
| Mar 31, 2025 | 28.85 Mn |
| Dec 31, 2024 | -27.56 Mn |
| Sep 30, 2024 | -26.96 Mn |
| Jun 30, 2024 | -28.25 Mn |
| Mar 31, 2024 | 35.98 Mn |
| Dec 31, 2023 | -34.41 Mn |
| Sep 30, 2023 | -36.69 Mn |
| Jun 30, 2023 | -36.46 Mn |
| Mar 31, 2023 | -36.88 Mn |
| Dec 31, 2022 | -35.79 Mn |
| Sep 30, 2022 | -31.23 Mn |
| Jun 30, 2022 | -30.08 Mn |
| Mar 31, 2022 | -25.13 Mn |
| Dec 31, 2021 | -25.25 Mn |
| Sep 30, 2021 | -24.25 Mn |