$1.53B Market Cap.
CMRE Market Cap. (MRY)
CMRE Shares Outstanding (MRY)
CMRE Assets (MRY)
Total Assets
$5.15B
Total Liabilities
$2.58B
Total Investments
$18.50M
CMRE Income (MRY)
Revenue
$2.08B
Net Income
$319.92M
Operating Expense
$276.79M
CMRE Cash Flow (MRY)
CF Operations
-
CF Investing
-
CF Financing
-
CMRE Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0.46 | 3.60% | 0.00% | 18.85% | 5.30 |
2023 | $0.46 | 4.40% | -52.08% | 15.59% | 6.41 |
2022 | $0.96 | 10.30% | 123.26% | 22.54% | 4.44 |
2021 | $0.43 | 3.40% | 7.50% | 13.11% | 7.63 |
2020 | $0.40 | 4.80% | - | -222.22% | -0.45 |
CMRE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $5,148,687,000 (-2.62%) | $5,287,022,000 (7.98%) | $4,896,229,000 (11.10%) | $4,407,041,000 (46.39%) |
Assets Current | $1,040,216,000 (-6.93%) | $1,117,661,000 (10.16%) | $1,014,622,000 (138.10%) | $426,124,000 (121.88%) |
Assets Non-Current | $4,108,471,000 (-1.46%) | $4,169,361,000 (7.41%) | $3,881,607,000 (-2.49%) | $3,980,917,000 (41.24%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $2,513,514,000 (5.50%) | $2,382,531,000 (10.46%) | $2,156,950,000 (24.98%) | $1,725,899,000 (27.96%) |
Property Plant & Equipment Net | $3,994,936,000 (-1.89%) | $4,071,851,000 (9.40%) | $3,722,056,000 (-5.06%) | $3,920,294,000 (47.27%) |
Cash & Equivalents | $777,936,000 (-5.73%) | $825,204,000 (13.38%) | $727,817,000 (155.50%) | $284,858,000 (91.28%) |
Accumulated Other Comprehensive Income | $17,345,000 (-18.90%) | $21,387,000 (-53.93%) | $46,421,000 (2180.73%) | -$2,231,000 (71.96%) |
Deferred Revenue | $62,433,000 (-21.50%) | $79,529,000 (33.07%) | $59,767,000 (3.59%) | $57,697,000 (38.96%) |
Total Investments | $18,499,000 (2.52%) | $18,044,000 (-91.97%) | $224,726,000 (153.81%) | $88,542,000 (-30.84%) |
Investments Current | $18,499,000 (5.76%) | $17,492,000 (-85.43%) | $120,014,000 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $552,000 (-99.47%) | $104,712,000 (18.26%) | $88,542,000 (-30.84%) |
Inventory | $57,656,000 (-5.89%) | $61,266,000 (118.50%) | $28,039,000 (31.24%) | $21,365,000 (104.35%) |
Trade & Non-Trade Receivables | $69,139,000 (-12.31%) | $78,847,000 (90.21%) | $41,452,000 (38.06%) | $30,024,000 (104.93%) |
Trade & Non-Trade Payables | $56,258,000 (12.65%) | $49,941,000 (143.77%) | $20,487,000 (-0.35%) | $20,559,000 (156.54%) |
Accumulated Retained Earnings (Deficit) | $1,279,605,000 (22.34%) | $1,045,932,000 (40.08%) | $746,658,000 (118.65%) | $341,482,000 (3612.83%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $2,350,542,000 (-11.23%) | $2,647,837,000 (2.45%) | $2,584,621,000 (1.02%) | $2,558,448,000 (61.41%) |
Debt Current | $546,914,000 (7.09%) | $510,704,000 (59.54%) | $320,114,000 (10.75%) | $289,041,000 (76.64%) |
Debt Non-Current | $1,803,628,000 (-15.61%) | $2,137,133,000 (-5.62%) | $2,264,507,000 (-0.22%) | $2,269,407,000 (59.66%) |
Total Liabilities | $2,577,628,000 (-9.50%) | $2,848,262,000 (3.98%) | $2,739,279,000 (2.17%) | $2,681,142,000 (61.35%) |
Liabilities Current | $745,560,000 (12.49%) | $662,770,000 (56.65%) | $423,090,000 (14.34%) | $370,027,000 (78.78%) |
Liabilities Non-Current | $1,832,068,000 (-16.17%) | $2,185,492,000 (-5.64%) | $2,316,189,000 (0.22%) | $2,311,115,000 (58.87%) |
CMRE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,083,894,000 (37.88%) | $1,511,406,000 (35.69%) | $1,113,859,000 (40.35%) | $793,639,000 (72.41%) |
Cost of Revenue | $1,339,400,000 (50.69%) | $888,863,000 (166.35%) | $333,718,000 (63.28%) | $204,381,000 (56.09%) |
Selling General & Administrative Expense | $92,748,000 (15.26%) | $80,470,000 (21.44%) | $66,264,000 (42.69%) | $46,440,000 (42.32%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $276,793,000 (76.18%) | $157,111,000 (29.73%) | $121,103,000 (-18.14%) | $147,937,000 (-44.95%) |
Interest Expense | $133,123,000 (-7.83%) | $144,429,000 (18.16%) | $122,233,000 (42.05%) | $86,047,000 (25.25%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $316,334,000 (-16.98%) | $381,019,000 (-31.31%) | $554,692,000 (27.48%) | $435,121,000 (4801.67%) |
Net Income to Non-Controlling Interests | -$3,585,000 (24.21%) | -$4,730,000 (-1698.48%) | -$263,000 (0%) | $0 (0%) |
Net Income | $319,919,000 (-17.07%) | $385,749,000 (-30.49%) | $554,955,000 (27.54%) | $435,121,000 (4801.67%) |
Preferred Dividends Income Statement Impact | $29,242,000 (-5.88%) | $31,068,000 (0.00%) | $31,068,000 (0.00%) | $31,068,000 (1.99%) |
Net Income Common Stock | $290,677,000 (-18.05%) | $354,681,000 (-32.30%) | $523,887,000 (29.66%) | $404,053,000 (1971.83%) |
Weighted Average Shares | $119,299,405 (-0.83%) | $120,299,172 (-2.17%) | $122,964,358 (-0.09%) | $123,070,730 (1.97%) |
Weighted Average Shares Diluted | $119,299,405 (-0.83%) | $120,299,172 (-2.17%) | $122,964,358 (-0.09%) | $123,070,730 (1.97%) |
Earning Before Interest & Taxes (EBIT) | $453,042,000 (-14.55%) | $530,178,000 (-21.71%) | $677,188,000 (29.94%) | $521,168,000 (571.79%) |
Gross Profit | $744,494,000 (19.59%) | $622,543,000 (-20.20%) | $780,141,000 (32.39%) | $589,258,000 (78.90%) |
Operating Income | $467,701,000 (0.49%) | $465,432,000 (-29.38%) | $659,038,000 (49.33%) | $441,321,000 (627.92%) |
CMRE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | - | - | $42,488,000 (105.40%) | -$787,456,000 (-2063.52%) |
Net Cash Flow from Financing | - | - | -$166,051,000 (-134.41%) | $482,594,000 (299.53%) |
Net Cash Flow from Operations | - | - | $581,593,000 (24.67%) | $466,494,000 (70.08%) |
Net Cash Flow / Change in Cash & Cash Equivalents | - | - | $458,030,000 (183.38%) | $161,632,000 (4166.21%) |
Net Cash Flow - Business Acquisitions and Disposals | - | - | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | - | - | -$118,704,000 (-246.61%) | $80,966,000 (145.38%) |
Capital Expenditure | - | - | $158,423,000 (118.22%) | -$869,457,000 (-1113.97%) |
Issuance (Repayment) of Debt Securities | - | - | $9,842,000 (-98.22%) | $553,857,000 (420.87%) |
Issuance (Purchase) of Equity Shares | - | - | -$60,095,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | - | - | -$119,548,000 (-67.76%) | -$71,263,000 (-8.85%) |
Effect of Exchange Rate Changes on Cash | - | - | $0 (0%) | $0 (0%) |
Share Based Compensation | - | - | $7,089,000 (-4.38%) | $7,414,000 (102.85%) |
Depreciation Amortization & Accretion | - | - | $165,998,000 (21.20%) | $136,958,000 (26.00%) |
CMRE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 35.70% (-13.35%) | 41.20% (-41.14%) | 70.00% (-5.66%) | 74.20% (3.63%) |
Profit Margin | 13.90% (-40.85%) | 23.50% (-50.00%) | 47.00% (-7.66%) | 50.90% (1182.98%) |
EBITDA Margin | - | - | 75.70% (-8.69%) | 82.90% (104.69%) |
Return on Average Equity (ROAE) | 11.70% (-23.53%) | 15.30% (-42.70%) | 26.70% (2.30%) | 26.10% (1731.25%) |
Return on Average Assets (ROAA) | 5.50% (-19.12%) | 6.80% (-38.18%) | 11.00% (10.00%) | 10.00% (1528.57%) |
Return on Sales (ROS) | 21.70% (-38.18%) | 35.10% (-42.27%) | 60.80% (-7.46%) | 65.70% (288.76%) |
Return on Invested Capital (ROIC) | 7.30% (-9.88%) | 8.10% (-23.58%) | 10.60% (17.78%) | 9.00% (373.68%) |
Dividend Yield | 3.60% (-18.18%) | 4.40% (-57.28%) | 10.30% (202.94%) | 3.40% (-29.17%) |
Price to Earnings Ratio (P/E) | 5.27 (49.22%) | 3.53 (62.03%) | 2.18 (-43.53%) | 3.86 (108.38%) |
Price to Sales Ratio (P/S) | 0.74 (-11.22%) | 0.83 (-19.04%) | 1.02 (-47.81%) | 1.96 (-9.63%) |
Price to Book Ratio (P/B) | 0.61 (8.17%) | 0.56 (5.23%) | 0.54 (-40.95%) | 0.91 (21.45%) |
Debt to Equity Ratio (D/E) | 1.03 (-14.14%) | 1.2 (-5.91%) | 1.27 (-18.22%) | 1.55 (26.06%) |
Earnings Per Share (EPS) | 2.44 (-17.29%) | 2.95 (-30.75%) | 4.26 (29.88%) | 3.28 (1922.22%) |
Sales Per Share (SPS) | 17.47 (39.03%) | 12.56 (38.71%) | 9.06 (40.46%) | 6.45 (69.09%) |
Free Cash Flow Per Share (FCFPS) | - | - | 6.02 (283.81%) | -3.27 (-295.00%) |
Book Value Per Share (BVPS) | 21.07 (6.38%) | 19.8 (12.91%) | 17.54 (25.08%) | 14.02 (25.49%) |
Tangible Assets Book Value Per Share (TABVPS) | 43.16 (-1.80%) | 43.95 (10.37%) | 39.82 (11.20%) | 35.81 (43.56%) |
Enterprise Value Over EBIT (EV/EBIT) | 7 (16.67%) | 6 (20.00%) | 5 (-28.57%) | 7 (-78.13%) |
Enterprise Value Over EBITDA (EV/EBITDA) | - | - | 3.79 (-35.67%) | 5.88 (-55.77%) |
Asset Turnover | 0.4 (37.15%) | 0.29 (23.08%) | 0.23 (18.78%) | 0.2 (27.92%) |
Current Ratio | 1.4 (-17.26%) | 1.69 (-29.69%) | 2.4 (108.16%) | 1.15 (24.14%) |
Dividends | $0.46 (0.00%) | $0.46 (-52.08%) | $0.96 (123.26%) | $0.43 (7.50%) |
Free Cash Flow (FCF) | - | - | $740,016,000 (283.64%) | -$402,963,000 (-298.83%) |
Enterprise Value (EV) | $3,200,111,163 (-4.90%) | $3,365,072,616 (5.41%) | $3,192,337,228 (-17.58%) | $3,873,278,943 (56.28%) |
Earnings Before Tax (EBT) | $319,919,000 (-17.07%) | $385,749,000 (-30.49%) | $554,955,000 (27.54%) | $435,121,000 (4801.67%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | - | - | $843,186,000 (28.12%) | $658,126,000 (253.30%) |
Invested Capital | $5,975,733,000 (-7.31%) | $6,446,885,000 (1.85%) | $6,329,943,000 (0.31%) | $6,310,604,000 (48.85%) |
Working Capital | $294,656,000 (-35.22%) | $454,891,000 (-23.10%) | $591,532,000 (954.48%) | $56,097,000 (475.88%) |
Tangible Asset Value | $5,148,687,000 (-2.62%) | $5,287,022,000 (7.98%) | $4,896,229,000 (11.10%) | $4,407,041,000 (46.39%) |
Market Capitalization | $1,530,813,163 (14.22%) | $1,340,285,616 (16.19%) | $1,153,560,228 (-26.20%) | $1,563,160,943 (55.39%) |
Average Equity | $2,480,892,500 (6.99%) | $2,318,874,000 (18.02%) | $1,964,844,500 (27.13%) | $1,545,497,250 (13.75%) |
Average Assets | $5,274,753,000 (0.41%) | $5,253,071,000 (10.42%) | $4,757,520,250 (18.30%) | $4,021,634,500 (34.72%) |
Invested Capital Average | $6,192,284,750 (-5.31%) | $6,539,613,750 (2.67%) | $6,369,593,500 (9.76%) | $5,803,301,500 (40.30%) |
Shares | 119,129,429 (-7.47%) | 128,749,819 (3.57%) | 124,306,059 (0.60%) | 123,570,035 (1.71%) |
