Costamare Valuation Multiples

Discover revenue and EBITDA valuation multiples for Costamare and similar public comparables like Clarkson, Luka Koper, SM SAAM, Flex LNG and more.

Costamare Overview

About Costamare

Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.


Founded

2008

HQ

United States

Employees

2.7K

Financials (LTM)

Revenue: $844M
EBITDA: $580M

EV

$3B

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Costamare Financials

Costamare reported last 12-month revenue of $844M and EBITDA of $580M.

In the same LTM period, Costamare generated $580M in EBITDA and $346M in net income.

Revenue (LTM)


Costamare P&L

In the most recent fiscal year, Costamare reported revenue of $878M and EBITDA of $616M.

Costamare is profitable as of last fiscal year, with gross margin of 57%, EBITDA margin of 70%, and net margin of 42%.

See analyst estimates for Costamare
LTMLast FY202320242025202620272028
Revenue$844M$878M$2B$2B$878M
Gross Profit-$503M$436M$557M$503M
Gross Margin-57%29%27%57%
EBITDA$580M$616M$699M$620M$616M
EBITDA Margin69%70%46%30%70%
EBIT Margin51%52%24%22%52%
Net Profit$346M$371M$386M$320M$365M
Net Margin41%42%26%15%42%
Net Debt-$995M---

Financial data powered by Morningstar, Inc.

Costamare Stock Performance

Costamare has current market cap of $2B, and enterprise value of $3B.

Market Cap Evolution


Costamare's stock price is $13.98.

Costamare share price decreased by 0.3% in the last 30 days, and increased by 38.6% in the last year.

Costamare has an EPS (earnings per share) of $3.07.

See more trading valuation data for Costamare
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$3B$2B-0.3%-0.3%-15.9%38.6%$3.07

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Costamare Valuation Multiples

Costamare trades at 3.0x EV/Revenue multiple, and 4.4x EV/EBITDA.

See NTM and 2027E valuation multiples for Costamare

EV / Revenue (LTM)


Costamare Financial Valuation Multiples

As of July 2, 2026, Costamare has market cap of $2B and EV of $3B.

Costamare has a P/E ratio of 4.9x.

LTMLast FY202320242025202620272028
EV/Revenue3.0x2.9x1.7x1.2x2.9x
EV/EBITDA4.4x4.1x3.6x4.1x4.1x
EV/EBIT5.9x5.5x7.1x5.5x5.6x
EV/Gross Profit-5.0x5.8x4.5x5.0x
P/E4.9x4.5x4.4x5.3x4.6x
EV/FCF7.1x5.4x51.6x9.8x10.4x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Costamare Valuation Multiples

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Costamare Margins & Growth Rates

Costamare decreased revenue by 8% and EBITDA by 10% in the last fiscal year.

In the most recent fiscal year, Costamare reported gross margin of 57%, EBITDA margin of 70%, and net margin of 42%.

See estimated margins and future growth rates for Costamare

Costamare Margins

Last FY202420252026202720282029
Gross Margin57%27%57%79%
EBITDA Margin70%30%70%68%
EBIT Margin52%22%52%49%
Net Margin42%15%42%40%
FCF Margin53%12%28%30%

Costamare Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(8%)38%(58%)(8%)
Gross Profit Growth27%28%(10%)27%
EBITDA Growth(10%)(11%)(1%)(10%)
EBIT Growth(13%)30%(2%)(12%)
Net Profit Growth(14%)(17%)14%(12%)
FCF Growth(48%)425%(6%)0%

Data powered by FactSet, Inc. and Morningstar, Inc.

Costamare Operational KPIs

Costamare's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.

Costamare's Rule of 40 is 61% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Costamare's Rule of X is 49% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Costamare
LTMLast FY202320242025202620272028
Rule of 4066%61%---
Bessemer Rule of X61%49%---
Revenue per Employee-$0.3M---
Opex per Employee-$0.0M---
G&A Expenses to Revenue-2%2%2%2%
Opex to Revenue-6%5%4%6%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Costamare Competitors

Costamare competitors include Clarkson, Luka Koper, SM SAAM, Flex LNG, Hamburger Hafen, Dorian LPG, Stolt-Nielsen, Okeanis Eco Tankers, Dalrymple Bay Infrastructure and Yinson.

Most Costamare public comparables operate across Marine Transportation.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Clarkson1.4x1.3x7.8x8.0x
Luka Koper3.9x-11.0x-
SM SAAM2.4x-10.7x-
Flex LNG8.6x-12.2x-
Hamburger Hafen1.8x-8.8x-
Dorian LPG3.9x3.7x6.5x5.9x
Stolt-Nielsen1.5x-4.9x-
Okeanis Eco Tankers6.3x5.7x12.0x6.7x

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About Costamare

When was Costamare founded?Costamare was founded in 2008.
Where is Costamare headquartered?Costamare is headquartered in United States.
How many employees does Costamare have?As of today, Costamare has over 2K employees.
Who is the CEO of Costamare?Costamare's CEO is Konstantinos Konstantakopoulos.
Is Costamare publicly listed?Yes, Costamare is a public company listed on NYSE.
What is the stock symbol of Costamare?Costamare trades under CMRE ticker.
When did Costamare go public?Costamare went public in 2010.
Who are competitors of Costamare?Costamare main competitors include Clarkson, Luka Koper, SM SAAM, Flex LNG, Hamburger Hafen, Dorian LPG, Stolt-Nielsen, Okeanis Eco Tankers, Dalrymple Bay Infrastructure, Yinson.
What is the current market cap of Costamare?Costamare's current market cap is $2B.
What is the current revenue of Costamare?Costamare's last 12 months revenue is $844M.
What is the current revenue growth of Costamare?Costamare revenue growth (NTM/LTM) is (3%).
What is the current EV/Revenue multiple of Costamare?Current revenue multiple of Costamare is 3.0x.
What is the current EBITDA of Costamare?Costamare's last 12 months EBITDA is $580M.
What is Costamare's EBITDA margin?Costamare's last 12 months EBITDA margin is 69%.
What is the current EV/EBITDA multiple of Costamare?Current EBITDA multiple of Costamare is 4.4x.
What is the current FCF of Costamare?Costamare's last 12 months FCF is $355M.
What is Costamare's FCF margin?Costamare's last 12 months FCF margin is 42%.
What is the current EV/FCF multiple of Costamare?Current FCF multiple of Costamare is 7.1x.
How many companies Costamare has acquired to date?Costamare hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Costamare has invested to date?Costamare hasn't invested in any companies yet (or none have been disclosed publicly).

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