Costamare Revenue, Profits - CMRE Annual Income Statement

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$7.58 $0.33 (4.17%) CMRE stock closing price Jun 15, 2018 (Closing)

Fundamental analysis of CMRE stock involves analyzing its financial statements, apart from checking the Costamare stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the CMRE income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue decline of -11.91% when compared to the same period in the past. The Costamare profit and loss statement for 2017 shows a net profit of $72.87M. Profits for last year was $81.7M. Apart from this an investor should also check Costamare assets and Costamare free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Costamare Revenues or Net Sales
412.43M468.18M490.37M483.99M414.24M386.15M382.15M353.15M399.93M426.34M
Cost Of Goods Sold (COGS)109.54M111.18M123.69M128.05M122.62M120.86M117.45M105.25M117.59M152.08M
Costamare Gross Profit
302.89M357M366.68M355.94M291.62M265.28M264.7M247.89M282.34M274.26M
Research & Development Expense----------
Selling General & Admin Expense41.46M44.92M39.69M27.65M24.57M21.9M7.09M12.66M11.62M15.81M
Income Before Depreciation Depletion Amortization261.42M312.07M326.98M328.29M267.05M243.38M257.6M235.22M270.72M258.44M
Depreciation Depletion Amortization104.07M108.86M109.07M113.6M98.04M88.51M86.94M79.35M79.13M78.97M
Non Operating Income-14.63M-48.7M18.12M-4.04M8.6M--7.62M-2.7M12.15M-11.3M
Interest Expense69.84M72.8M92.27M95.56M74.53M74.73M75.44M71.94M86.81M68.42M
Costamare Pretax Income
72.87M81.7M143.76M115.08M103.08M81.12M87.59M81.22M116.92M99.74M
Provision for Income Taxes----------
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations72.87M81.7M143.76M115.08M103.08M81.12M87.59M81.22M116.92M99.74M
Extraordinary Items & Discontinued Operations----------
Costamare Profit/ Loss (Net Income)
72.87M81.7M143.76M115.08M103.08M81.12M87.59M81.22M116.92M99.77M
Average Shares used to compute Diluted EPS100.53M77.24M75.03M74.8M74.8M67.61M60.3M49.11M47M-
Average Shares used to compute Basic EPS100.53M77.24M75.03M74.8M74.8M67.61M60.3M49.11M47M-
Income Before Nonrecurring Items98M115.12M148.25M134.85M108.85M91.35M114.73M90.45M85.21M-
Income from Nonrecurring Items-25.12M-33.42M-4.49M-19.76M-5.76M-10.22M-27.14M-9.23M31.72M-
Costamare Earnings Per Share Basic Net
0.520.791.681.381.361.201.451.652.49-
Costamare Earnings Per Share Diluted Net
0.520.791.681.381.361.201.451.652.49-
EPS Diluted Before Nonrecurring Items0.771.491.741.641.461.351.901.841.81-
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.400.971.151.111.081.081.020.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Costamare stock analysis are:

  • Topline: A growing topline, as seen from the Costamare revenue chart, as isn't the case with Costamare indicates a sagging business. One needs to compare the YoY topline or sales growth of CMRE stock with its peers like STNG stock and SBLK stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like Costamare try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called the profit and loss statement. Apart from the CMRE income statement, one can check the Costamare historical stock prices to check how the price has moved with time.

Costamare Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
16.84
PS Ratio (price sales ratio)
2.06
Operating Margin
33.9
Net Profit Margin
20.7
Dividend Yield
5.28%