Costamare Inc.

CMRENYSEIndustrials● Active

$15.77

$-0.22(-1.38%)

Market Cap$1.9B

P/E Ratio—

52W High$18.06

52W Low$8.74

Avg Volume441K

Open$16.08

Beta0.95

Free Cash Flow Financials Revenue

Costamare Inc. (CMRE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CMRE · free cash flow · updated Jun 9, 2026

Core FCF metrics

CMRE · FCF · TTM · margin & CAGR

Free cash flow was $472.3M for FY2025 (fiscal year ending 2025-12-31), up 83.6% year-over-year The FCF margin was 53.8%. Five-year CAGR stands at +22.3%.

FY2025 Free Cash Flow$472.3M▲ +83.6% YoY

Trailing 12M (TTM)$150.3Mtrailing 4 quarters sum

FCF Margin53.8%$472.3M ÷ revenue

3-Year CAGR-1.9%FY2022 → FY2025

5-Year CAGR+22.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CMRE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$541.3M(69M)$472.3M▲ +83.6%53.8%

FY2024$537.7M(280M)$257.2M▲ +424.5%12.3%

FY2023$331.4M(282M)$49.0M▼ 90.2%3.2%

FY2022$562.8M(62M)$500.9M▲ +195.3%45.0%

FY2021$466.5M(992M)−$525.6M▼ 404.9%-66.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CMRE · P/FCF · FCF yield · FCF per share

Costamare Inc. (CMRE) trades at a FCF yield of 7.91% and a price-to-free-cash-flow ratio of 12.6x. FCF per share stands at $1.25, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.25

TTM FCF ÷ Shares Outstanding

Price / FCF

x12.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x18.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CMRE · cash flow statement · operating / investing / financing

For FY2025, Costamare Inc. generated $541.3M in operating cash flow and spent 69M in capital expenditures, yielding $472.3M in free cash flow.

Operating Activities

+$541.3M

Cash from core business operations

2025-12-31

Investing Activities

−$162.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$586.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($541.3M) − |CapEx| (69M) = FCF ($472.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

CMRE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Costamare Inc.YOU

CMRE

$472.3M+83.6%53.8%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Costamare Inc. (CMRE) reported free cash flow of $472.3M for FY2025 (fiscal year ending 2025-12-31), up 83.6% year-over-year. The FCF margin was 53.8%.

Based on available data, Costamare Inc. has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $500.9M in FY2022. The 5-year CAGR stands at +22.3%.

Costamare Inc.'s FCF yield is 7.91% and price-to-FCF ratio is 12.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CMRE free cash flow · 8 questions

Costamare Inc. free cash flow was $472.3M for FY2025, up 83.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $150.3M.

CMRE free cash flowCMRE FCFCMRE FCF 2025CMRE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Costamare Inc. · Costamare Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026