Costamare Inc (CMRE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Costamare Inc (CMRE) has a cash flow conversion efficiency ratio of 0.051x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($112.40 Million) by net assets ($2.22 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Costamare Inc to measure how much of total assets are equity-financed.
Costamare Inc - Cash Flow Conversion Efficiency Trend (2008–2025)
This chart illustrates how Costamare Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Costamare Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Costamare Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Costamare Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shaanxi Aerospace Power Hi-Tech Co Ltd
SHG:600343
|
-0.015x |
|
Zhewen Interactive Group Co Ltd
SHG:600986
|
0.038x |
|
Thaifoods Group Public Company Limited
BK:TFG-R
|
0.124x |
|
Jeudan
CO:JDAN
|
0.023x |
|
Gorman-Rupp Company
NYSE:GRC
|
0.036x |
|
Wuxi Rural Commercial Bank Co Ltd
SHG:600908
|
-0.061x |
|
Westshore Terminals Investment Corp
TO:WTE
|
0.127x |
|
Spectrum Brands Holdings Inc
NYSE:SPB
|
0.035x |
Annual Cash Flow Conversion Efficiency for Costamare Inc (2008–2025)
The table below shows the annual cash flow conversion efficiency of Costamare Inc from 2008 to 2025. For the full company profile with market capitalisation and key ratios, see CMRE market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.16 Billion | $541.25 Million | 0.251x | +19.76% |
| 2024-12-31 | $2.57 Billion | $537.72 Million | 0.209x | +54.11% |
| 2023-12-31 | $2.44 Billion | $331.37 Million | 0.136x | -49.54% |
| 2022-12-31 | $2.16 Billion | $581.59 Million | 0.269x | -0.40% |
| 2021-12-31 | $1.73 Billion | $466.49 Million | 0.270x | +32.92% |
| 2020-12-31 | $1.35 Billion | $274.28 Million | 0.203x | +14.57% |
| 2019-12-31 | $1.41 Billion | $250.39 Million | 0.177x | +170979.32% |
| 2018-12-31 | $1.36 Billion | $140.80K | 0.000x | -99.93% |
| 2017-12-31 | $1.22 Billion | $191.00 Million | 0.157x | -25.68% |
| 2016-12-31 | $1.07 Billion | $226.60 Million | 0.211x | -16.96% |
| 2015-12-31 | $963.51 Million | $244.70 Million | 0.254x | -16.21% |
| 2014-12-31 | $802.64 Million | $243.27 Million | 0.303x | +6.65% |
| 2013-12-31 | $656.95 Million | $186.70 Million | 0.284x | -12.01% |
| 2012-12-31 | $520.45 Million | $168.10 Million | 0.323x | -45.39% |
| 2011-12-31 | $329.99 Million | $195.18 Million | 0.591x | +67.41% |
| 2010-12-31 | $362.14 Million | $127.95 Million | 0.353x | -66.13% |
| 2009-12-31 | $155.22 Million | $161.89 Million | 1.043x | +104.53% |
| 2008-12-31 | $-10.75 Million | $247.52 Million | -23.025x | -- |
About Costamare Inc
Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes. As of February 24, 2026, it had a fleet of fleet of 79 containerships and 38 dry bulk vessels. The company wa… Read more