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Costamare Inc   (NYSE: CMRE)
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Costamare Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


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?


Return On Assets (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 8.02 % 8.02 % 8.02 % 8.02 % 11.13 %
Y / Y Net Income Change -31.31 % - - - 27.48 %
Net Income (TTM) in million 381 555 555 555 555
Return On Assets (TTM) 7.2 % 10.68 % 10.89 % 11.1 % 11.33 %
CMRE's Total Ranking # 908 # # # # 720
Total Assets (TTM) in million 5,290 5,290 5,290 5,290 4,897
Seq. Total Assets Change 0 % 0 % 0 % 8.02 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 20
Sector # 35
Overall # 906

Return On Assets Statistics
High Average Low
11.33 %
5.16 %
0.32 %
(Dec 31 2022)   (Dec 31 2020)





Financial Statements
Costamare Inc 's Assets $ 5,290 million CMRE's Balance sheet
Costamare Inc 's Income $ 381 million Quarterly CMRE's Income Statement
CMRE's Income by Division See CMRE's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 8.02 % 11.13 % 46.39 % -0.05 % -1.27 %
Total Assets in million 5,290 4,897 4,407 3,011 3,012
Y / Y Net Income Change -31.31 % 27.48 % 4482.15 % -90.41 % 47.23 %
Net Income in million 381 555 435 9 99
Annual Return On Assets 7.2 % 11.33 % 9.87 % 0.32 % 3.29 %




Comment on CMRE's ROA in the fiscal year ending 2023
In the fiscal year 2023 Costamare Inc 's ROA decreased compared to previous year to 7.2 %, due to deterioration of net income -31.31 % to $381.02 million, from $554.69 million a year ago, as CMRE's assets were $5,290.11 million.


More Return On Assets Ratios
CMRE's' Return on Assets at Yahoo Finance
Marine Transportation Industry Return On Assets Trends and Statistics
Transportation Sector Roa Statistics
Roa Trends for overall market
CMRE's Roa Ratio versus Marine Transportation Industry, Transportation Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CMRE's Competitors
Roa for Costamare Inc 's Suppliers
Return On Assets for CMRE's Customers

You may also want to know
CMRE's Roi CMRE's Inventory Turnover Ratio CMRE's Growth Rates CMRE's Dividend Comparisons
CMRE's Profitability Ratios CMRE's Asset Turnover Ratio CMRE's Dividend Growth
CMRE's Roe CMRE's Valuation Ratios CMRE's Financial Strength Ratios CMRE's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Transportation Sector ROA
Imperial Petroleum Inc   18.88 %
Dorian Lpg Ltd   17.34 %
Ardmore Shipping Corp  16.91 %
Expeditors International Of Washington Inc   15.83 %
Saia Inc   14.71 %
Landstar System Inc   14.43 %
Global Ship Lease Inc   14.02 %
Scorpio Tankers Inc   12.93 %
Okeanis Eco Tankers Corp   12.86 %
Frontline Plc  11.16 %
Brp Inc   10.99 %
Dht Holdings Inc   10.82 %
Forward Air Corporation  10.17 %
Zto Express cayman Inc   9.90 %
Copa Holdings S a   9.89 %
C3is Inc   9.73 %
Union Pacific Corp  9.60 %
Polaris Inc   9.52 %
United Parcel Service Inc   9.46 %
Tsakos Energy Navigation Limited  9.07 %
Csx Corporation  8.90 %
J b Hunt Transport Services Inc   8.84 %
Navios Maritime Partners L p   8.42 %
Arcbest Corporation  8.00 %
Universal Logistics Holdings Inc   7.46 %
Stealthgas Inc   7.45 %
Costamare Inc   7.21 %
Marten Transport Ltd   7.09 %
Corporaci n Am rica Airports S a   6.39 %
Covenant Logistics Group Inc   6.34 %


Date modified: 2024-04-03T15:31:31+00:00


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