Costamare (CMRE) Operating Leases (2023 - 2025)
Costamare's (CMRE) quarterly Operating Leases came in at $61.3 million in Q1 2025, down 32.12% on a YoY basis from $90.4 million in Q1 2024, and down 29.85% quarter-over-quarter from $87.4 million in Q4 2024.
Analysis
Costamare (CMRE) Operating Leases (2023 - 2025) Analysis & Trends
Costamare (CMRE) has reported Operating Leases for 3 consecutive years, with $61.3 million the latest figure, recorded in Q1 2025.
- For the quarter ending Q1 2025, Operating Leases fell 32.12% year-over-year to $61.3 million; the trailing twelve-month figure through Mar 2025 stood at $61.3 million (down 32.12% YoY), and the FY2024 full-year result was $87.4 million, down 23.35% from the prior year.
- Operating Leases eased to $61.3 million in Q1 2025 per CMRE's latest filing, from $87.4 million in the prior quarter.
- Across five years, Operating Leases topped out at $135.8 million in Q2 2023 and bottomed at $24.8 million in Q1 2023.
- Historically, Operating Leases has averaged $91.5 million across 3 years, with a median of $90.4 million in 2024.
- The widest YoY moves for Operating Leases: up 263.75% in 2024, down 41.43% in 2024.
- Over 3 years, Operating Leases stood at $114.1 million in 2023, then slipped by 23.35% to $87.4 million in 2024, then declined by 29.85% to $61.3 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $61.3 million, $87.4 million, and $98.9 million for Q1 2025, Q4 2024, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn |
| 10 | Costamare | 1.80 Bn | 1.43 Bn | 193.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 61.33 Mn |
| Dec 31, 2024 | 87.42 Mn |
| Sep 30, 2024 | 98.87 Mn |
| Jun 30, 2024 | 79.56 Mn |
| Mar 31, 2024 | 90.35 Mn |
| Dec 31, 2023 | 114.06 Mn |
| Sep 30, 2023 | 131.36 Mn |
| Jun 30, 2023 | 135.85 Mn |
| Mar 31, 2023 | 24.84 Mn |