Is the business good?
How good a business is CMRE?
Costamare Inc. earns 12% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
12%
Return on invested capital · cost of capital 9.0% · 2.8 points above what the capital costs: growth creates value
- Operating margin
- 52%
Operating margin · Marine Shipping median 28% · fiscal year to FY2025
| Year | Operating margin |
|---|---|
| FY2020 | 13% |
| FY2021 | 56% |
| FY2022 | 59% |
| FY2023 | 70% |
| FY2024 | 55% |
| FY2025 | 52% |
Details›
- Operating marginfiscal year to FY2025
- 52%
- Net marginfiscal year to FY2025
- 42%
- Revenue, trailing twelve months
- $878M
- Net income, trailing twelve months
- $365M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 12%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.