Costamare Inc. (CMRE) quarterly cash flow statement — complete operating, investing & financing history
Costamare Inc. (CMRE) cash flow statement — 18-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 101.78M | 112.4M | 118.05M | 135.62M | 152.18M | 143.08M | 128.94M | 123.74M | 150.24M | 138.02M | 10.53M | 74.83M | 66.29M | 37.34M | 124.38M | 141.8M | 161.13M | 154.28M | 165.39M | 125.91M |
| Operating CF Margin % | 50.7% | 55.77% | 55.69% | 60.23% | 72.16% | 32.06% | 23.51% | 22.72% | 68.94% | 29.03% | 2.13% | 18.69% | 18.04% | 15.01% | 46.86% | 48.98% | 55.39% | 57.57% | 58.25% | 58.23% |
| Operating CF Growth % | -33.12% | -21.44% | -8.44% | 9.6% | 1.29% | 3.67% | 1123.99% | 65.35% | 126.64% | 269.59% | -91.53% | -47.23% | -58.86% | -75.8% | -24.8% | 12.62% | 54.94% | 116.7% | 141.83% | 88.69% |
| Net Income | 82.65M | 81.9M | 79.15M | 99.35M | 105.16M | 100.84M | 31.92M | 78.87M | 97.95M | 102.67M | 104.35M | 60.09M | 67.39M | 148.86M | 194.18M | 115.49M | 121.99M | 123.04M | 161.15M | 115.21M |
| Depreciation & Amortization | 0 | 32.84M | 33.47M | 32.67M | 36.73M | 41.68M | 41.44M | 41.25M | 35.63M | 40.54M | 47.08M | 41.98M | 41.25M | 41.19M | 41.81M | 41.81M | 41.38M | 41.2M | 40.99M | 37.17M |
| Stock-Based Compensation | 2.1M | 2.53M | 2.36M | 1.78M | 1.36M | 1.47M | 1.92M | 2.35M | 2.46M | 1.7M | 1.56M | 1.44M | 1.45M | 1.41M | 1.39M | 1.34M | 1.81M | 2.55M | 1.89M | 2.32M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.44M | 1.7M | 0 | 0 | 0 | 0 | 0 | -30.66M | -24.2M |
| Other Non-Cash Items | 53.49M | 4.55M | -1.35M | 7.24M | 8.93M | -12.64M | 65M | 15.04M | 17.14M | -14.42M | -151.44M | 6.9M | 8.06M | -90.8M | -103.23M | 7.12M | 3.41M | -12.1M | 5.16M | 4.63M |
| Working Capital Changes | -36.45M | -9.41M | 4.41M | -5.42M | 0 | 11.74M | -11.34M | -13.77M | -2.94M | 7.53M | 8.98M | -32.14M | -53.55M | -63.32M | -9.77M | -23.96M | -7.45M | -406K | -13.14M | -9.21M |
| Change in Receivables | -4.48M | -5.83M | 2.17M | 864K | 0 | 22.02M | 8.03M | -5.38M | 470K | 8.47M | 11.94M | 8.72M | -51.01M | -10.43M | -6.24M | 5.95M | -11.06M | 6.75M | -4.19M | -11.47M |
| Change in Inventory | -1.69M | -61K | 577K | -566K | 0 | 1.6M | 3.83M | -7.27M | 4.74M | -4.29M | 5.42M | -12.14M | -13.26M | -13M | -3.03M | -1.34M | -3.52M | 1.22M | -2.89M | -4.57M |
| Change in Payables | 0 | 3M | 2.94M | -2.28M | 0 | -6.77M | -16.47M | 4.61M | -11.85M | 13.79M | -2.33M | 11.38M | 12.17M | 6.67M | 5.17M | -5.81M | 10.14M | -10.21M | 6.35M | -1.85M |
| Cash from Investing | -312.79M | -14.61M | -26.67M | -44.5M | -113.35M | 1.48M | -70.66M | 9.49M | -85.31M | 34.57M | -33.33M | -1.62M | -77.24M | 191.28M | 81.89M | -17.51M | 24.9M | -46.8M | -110.21M | -395.78M |
| Capital Expenditures | 0 | -86.91M | -51.89M | -104.68M | 0 | -5.81M | -104.82M | -58.82M | -10.92M | -44.35M | -76.9M | -154.26M | -36.08M | -15.09M | -5.73M | -3M | -3.58M | -49.59M | -247.1M | -394.1M |
| CapEx % of Revenue | 178.18% | 43.12% | 24.48% | 46.49% | 67.7% | 1.3% | 19.11% | 10.8% | 5.01% | 9.33% | 15.54% | 38.53% | 9.82% | 6.07% | 2.16% | 1.04% | 1.23% | 18.5% | 87.03% | 182.26% |
| Acquisitions | 0 | -436K | -394K | -436K | 0 | -424K | -228K | 380.06K | -70.5M | 0 | 2.42M | 3.25M | 997K | 1.03M | -14K | 0 | 0 | 14K | -8.82M | 8.82M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -312.79M | 72.74M | 44.84M | 41.63M | -113.35M | 7.71M | 34.39M | 67.93M | -3.8M | 78.91M | 58.52M | 558K | 27.5M | 161M | 181.64M | 278K | 18.42M | 22.76M | 176K | -10.51M |
| Cash from Financing | -10.59M | -43.08M | -90.67M | -27.14M | -350.09M | -54.44M | -156.96M | -229.71M | -157.98M | -27.96M | -117.2M | -42.77M | -158.4M | -94.6M | -110.63M | -96.34M | 14.02M | 26.9M | -8K | 219.3M |
| Debt Issued (Net) | 9.93M | -20.89M | -68.69M | -6.99M | 0 | -33.98M | -135.35M | -96.3M | -60.91M | -9.69M | -88M | -2.96M | -90.8M | -74.2M | -95.28M | -66.15M | 143.5M | 47.9M | 20.02M | 240.55M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 376K | 0 | -28.84M | -31.16M | 0 | 3.75M | -7.74M | 0 | 0 | 0 | 0 |
| Dividends Paid | -19.87M | -21.47M | -19.84M | -19.72M | 0 | -20.03M | -19.67M | -18.82M | -17.83M | -17.82M | -17.7M | -17.85M | -18.34M | -17.99M | -17.77M | -18.02M | -65.25M | -18.51M | -18.5M | -18.52M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28.84M | -31.16M | 0 | 0 | -7.74M | 0 | 0 | 0 | 0 |
| Other Financing | -646K | -727K | -2.13M | -432K | -350.09M | -433K | -1.93M | -114.59M | -79.24M | -826K | -11.5M | 6.88M | -18.1M | -2.42M | -1.33M | -4.43M | -64.24M | -2.49M | -1.52M | -2.73M |
| Net Change in Cash | -221.6M | 54.7M | 713K | 63.98M | -349.58M | 90.12M | -98.69M | -96.48M | -88.8M | 144.62M | -120.25M | 30.44M | -169.35M | 134.03M | 95.63M | 27.95M | 200.05M | 134.39M | 55.17M | -50.57M |
| Free Cash Flow | -255.92M | 25.49M | 66.16M | 30.94M | 294.97M | 137.28M | 24.12M | 64.92M | -485K | 93.67M | -66.37M | -79.42M | 30.21M | 22.25M | 118.64M | 138.8M | 157.56M | 104.7M | -81.71M | -268.19M |
| FCF Margin % | -127.48% | 12.65% | 31.21% | 13.74% | 139.86% | 30.76% | 4.4% | 11.92% | -0.22% | 19.7% | -13.41% | -19.84% | 8.22% | 8.95% | 44.7% | 47.95% | 54.16% | 39.06% | -28.78% | -124.03% |
| FCF Growth % | -186.76% | -81.43% | 174.34% | -52.35% | 60918.49% | 46.55% | 136.34% | 181.74% | -101.61% | 320.92% | -155.94% | -157.22% | -80.82% | -78.74% | 245.2% | 151.76% | 251.63% | 245.83% | -273.97% | -1132.16% |
| FCF per Share | -2.12 | 0.21 | 0.55 | 0.26 | 2.46 | 1.14 | 0.20 | 0.54 | -0.00 | 0.79 | -0.56 | -0.65 | 0.25 | 0.18 | 0.97 | 1.14 | 1.27 | 0.84 | -0.66 | -2.18 |
| FCF Conversion (FCF/Net Income) | 1.23x | 1.40x | 1.52x | 1.39x | 1.72x | 1.43x | 3.69x | 1.53x | 1.47x | 1.35x | 0.10x | 1.22x | 0.93x | 0.25x | 0.64x | 1.23x | 1.32x | 1.25x | 1.03x | 1.09x |
| Interest Paid | 0 | 19.96M | 0 | 22.03M | 0 | 28.85M | 36.71M | 34.47M | 0 | 35.98M | 0 | 0 | 0 | 0 | 0 | 0 | 23.31M | 18.8M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |