Castor Maritime (CTRM) Tax Rate (2020 - 2025)
Castor Maritime (CTRM) reported Tax Rate of 1.48% for Q4 2025, down 141.0% year-over-year from 3.6% in Q4 2024, and down 115.0% quarter-over-quarter from 9.84% in Q3 2025.
Castor Maritime (CTRM) Tax Rate (2020 - 2025) Analysis & Trends
Castor Maritime (CTRM) has 6 years of Tax Rate data on file, last reported at 1.48% in Q4 2025.
- Tax Rate for Q4 2025 came in at 1.48%, down 141.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.67% (up 10.0% YoY), and the FY2025 annual result was 1.44%, down 57.0% from the prior year.
- Tax Rate slipped to 1.48% in Q4 2025 per CTRM's latest filing, from 9.84% in the prior quarter.
- Over five years, Tax Rate peaked at 9.84% in Q3 2025 and troughed at 159.53% in Q2 2025.
- A 5-year average of 9.24% and a median of 0.41% in 2023 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 1009 bps in 2025 and fell as far as 15940 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 1.01% in 2021, then declined by 15 bps to 1.16% in 2022, then climbed by 18 bps to 0.95% in 2023, then jumped by 93 bps to 0.07% in 2024, then tumbled by 2129 bps to 1.48% in 2025.
- Business Quant data shows CTRM's Tax Rate at 1.48% in Q4 2025, 9.84% in Q3 2025, and 159.53% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 93.37% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 14.73% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -2.13% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | - |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 12.12% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Castor Maritime | 20.58 Mn | 83.39 Mn | 16.43 Mn | -1.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -1.48% |
| Dec 31, 2025 | -1.48% |
| Sep 30, 2025 | 9.84% |
| Sep 30, 2025 | 9.84% |
| Jun 30, 2025 | -159.53% |
| Jun 30, 2025 | -159.53% |
| Mar 31, 2025 | 0.85% |
| Mar 31, 2025 | 0.85% |
| Dec 31, 2024 | -0.07% |
| Dec 31, 2024 | -0.07% |
| Sep 30, 2024 | -0.25% |
| Sep 30, 2024 | -0.25% |
| Jun 30, 2024 | -0.13% |
| Jun 30, 2024 | -0.13% |
| Mar 31, 2024 | -0.49% |
| Mar 31, 2024 | -0.49% |
| Dec 31, 2023 | -0.95% |
| Dec 31, 2023 | -0.95% |
| Sep 30, 2023 | -0.58% |
| Sep 30, 2023 | -0.58% |