Castor Maritime (CTRM) Tax Rate (2020 - 2026)
Castor Maritime's (CTRM) quarterly Tax Rate came in at 3.29% in Q1 2026, down 413.0% year-over-year from 1.05% in Q1 2025, and down 4282.05% quarter-over-quarter from 0.08% in Q4 2025.
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Castor Maritime (CTRM) Tax Rate (2020 - 2026) Analysis & Trends
Castor Maritime (CTRM) has reported Tax Rate for 7 consecutive years, with 3.29% the latest figure, recorded in Q1 2026.
- On a quarterly basis, Tax Rate fell 413.0% year-over-year to 3.29% in Q1 2026; TTM through Mar 2026 was 0.56%, a 42.0% decrease from a year earlier, with the FY2025 full-year figure at 1.44%, down 57.0% from the prior year.
- Tax Rate was 3.29% for Q1 2026 at Castor Maritime, down from 0.08% in the prior quarter.
- Over five years, Tax Rate peaked at 11.3% in Q2 2025 and troughed at 949639.43% in Q4 2023.
- A 5-year average of 59351.42% and a median of 0.19% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 94963943 bps in 2023 and jumped 94963941 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 0.0% in 2022, then tumbled by 2000000000 bps to 949639.43% in 2023, then soared by 100 bps to 0.01% in 2024, then tumbled by 482 bps to 0.08% in 2025, then slumped by 4282 bps to 3.29% in 2026.
- The last three Tax Rate figures came in at 3.29% (Q1 2026), 0.08% (Q4 2025), and 9.84% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -0.08% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 21.05% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -0.27% |
| 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 | 5.60% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | - |
| 10 | Castor Maritime | 23.87 Mn | 23.87 Mn | 15.65 Mn | -3.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -3.29% |
| Dec 31, 2025 | -0.08% |
| Sep 30, 2025 | 9.84% |
| Jun 30, 2025 | 11.30% |
| Mar 31, 2025 | 0.85% |
| Dec 31, 2024 | -0.01% |
| Sep 30, 2024 | -0.25% |
| Jun 30, 2024 | -0.14% |
| Mar 31, 2024 | -0.28% |
| Dec 31, 2023 | -949,639.43% |
| Sep 30, 2023 | 0.58% |
| Jun 30, 2023 | -0.51% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | -0.41% |
| Jun 30, 2022 | -0.41% |
| Mar 31, 2022 | -0.47% |
| Dec 31, 2021 | -1.03% |
| Sep 30, 2021 | -0.74% |
| Dec 31, 2020 | -0.35% |