Castor Maritime (CTRM) Tax Rate (2020 - 2025)
Castor Maritime (CTRM) posted quarterly Tax Rate of 0.97% for Q4 2025, down 106.0% year-over-year from 16.1% in Q4 2024, and down 109.81% quarter-over-quarter from 9.85% in Q3 2025.
Castor Maritime (CTRM) Tax Rate (2020 - 2025) Analysis & Trends
Castor Maritime (CTRM) has reported Tax Rate for 6 consecutive years, with 0.97% the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Rate fell 106.0% year-over-year to 0.97%; the TTM figure through Dec 2025 stood at 1.75% (up 281.0% YoY), while the FY2025 annual figure was 0.63%, up 38.0% from the prior year.
- Tax Rate declined to 0.97% in Q4 2025 per CTRM's latest filing, from 9.85% in the prior quarter.
- Across five years, Tax Rate topped out at 9.85% in Q3 2025 and bottomed at 1.71% in Q4 2022.
- Historically, Tax Rate has averaged 0.21% across 5 years, with a median of 0.41% in 2022.
- Annual changes were most pronounced in 2021 — Tax Rate sank 393 bps — and 2025, when it surged 1009 bps.
- Castor Maritime's Tax Rate stood at 1.03% in 2021, then tumbled by 65 bps to 1.71% in 2022, then jumped by 44 bps to 0.95% in 2023, then soared by 110 bps to 0.1% in 2024, then tumbled by 1079 bps to 0.97% in 2025.
- Business Quant data shows CTRM's Tax Rate at 0.97% in Q4 2025, 9.85% in Q3 2025, and 0.4% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 24.16% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 21.05% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.13% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -12.12% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Castor Maritime | 100.74 Mn | 100.74 Mn | 16.43 Mn | -4.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.97% |
| Dec 31, 2025 | -0.97% |
| Dec 31, 2025 | -0.97% |
| Sep 30, 2025 | 9.85% |
| Sep 30, 2025 | 9.85% |
| Sep 30, 2025 | 9.85% |
| Jun 30, 2025 | 0.40% |
| Jun 30, 2025 | 0.40% |
| Jun 30, 2025 | 0.40% |
| Mar 31, 2025 | -0.85% |
| Mar 31, 2025 | -0.85% |
| Mar 31, 2025 | -0.85% |
| Dec 31, 2024 | 0.10% |
| Dec 31, 2024 | 0.10% |
| Dec 31, 2024 | 0.10% |
| Sep 30, 2024 | -0.25% |
| Sep 30, 2024 | -0.25% |
| Sep 30, 2024 | -0.25% |
| Jun 30, 2024 | -0.14% |
| Jun 30, 2024 | -0.14% |