What is Costamare Inc 's ROA in the fourth quarter of 2023?
Costamare Inc achieved a return on average assets (ROA) of
7.2 % in its fourth quarter of 2023, this is above CMRE's average return on assets of 5.16%.
Costamare Inc s assets during the 12 months ending in the fourth quarter of 2023 are valued at $5 billion
ROA fell compared to the third quarter of 2023, despite the net income growth of % from the third quarter of 2023.
However, within the
Transportation sector 34 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from
to
908.
What is ROA?