Costamare (STU:LCM) Debt-to-EBITDA : 3.71 (As of Jun. 2026) — 19% Below Median

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STU:LCM Costamare Inc STU:LCM
77 GF Score
Price €13.40
GF Value €8.08
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Costamare Debt-to-EBITDA?

Costamare STU:LCM 77 Debt-to-EBITDA is 3.71 as of Jun. 2026, which is 19% below its 10-year median of 4.59. GuruFocus rates STU:LCM with a GF Score™ of 77/100 and a GF Value™ of €8.08 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 868 Transportation companies, Costamare ranks worse than 56.57% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Costamare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €201.1 Mil. Costamare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,104.7 Mil. Costamare's annualized EBITDA for the quarter that ended in Jun. 2026 was €352.3 Mil. Costamare's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.71.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Costamare's Debt-to-EBITDA or its related term are showing as below:

STU:LCM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.46   Med: 4.59   Max: 8.76
Current: 3.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Costamare was 8.76. The lowest was 2.46. And the median was 4.59.

STU:LCM's Debt-to-EBITDA is ranked worse than
56.57% of 868 companies
in the Transportation industry
Industry Median: 2.645 vs STU:LCM: 3.06

Costamare  (STU:LCM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Costamare Debt-to-EBITDA Related Terms


Costamare Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Costamare's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Costamare Debt-to-EBITDA Chart

Costamare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 3.12 3.43 2.65 2.46

Costamare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.09 3.24 2.82 2.81 3.71

STU:LCM vs SFL, GSL, NMM: Debt-to-EBITDA Comparison

For the Marine Shipping subindustry, Costamare's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Costamare Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Costamare's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Costamare's Debt-to-EBITDA falls into.


STU:LCM
77GF Score
Costamare Inc STU:LCM
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Costamare Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Costamare's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(228.984 + 1064.688) / 525.985
=2.46

Costamare's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(201.09 + 1104.748) / 352.264
=3.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.71 mean?
Costamare (STU:LCM) has a Debt-to-EBITDA of 3.71 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Costamare. This is 19% below median its historical median of 4.59. Over the past decade, Costamare's Debt-to-EBITDA has ranged from 2.46 to 8.76. According to the industry distribution chart, Costamare ranks #491 out of 868 companies in the Transportation industry, placing it in the top 56.6%.
Is Costamare's Debt-to-EBITDA too high?
Costamare's current Debt-to-EBITDA of 3.71 is 19% below median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 8.76. The Transportation industry median Debt-to-EBITDA is 2.65. Costamare's value of 3.71 is 40.3% above this industry median. Based on the distribution chart, Costamare ranks #491 out of 868 companies in the Transportation industry, which is below the industry midpoint. Overall, Costamare has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Costamare's Debt-to-EBITDA compare to SFL and GSL?
According to the Transportation industry distribution chart, Costamare ranks #491 out of 868 companies for Debt-to-EBITDA. This places Costamare in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Costamare's value of 3.71 is 40.3% above this benchmark. Historically, Costamare's own Debt-to-EBITDA has ranged from 2.46 to 8.76 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 2.65, Costamare has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Costamare's current Debt-to-EBITDA of 3.71 is 40.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Costamare. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Costamare's current Debt-to-EBITDA is 3.71, which is 19% below median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Costamare stock overvalued right now?
Based on GuruFocus' analysis, Costamare (STU:LCM) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.08, compared to a current price of €13.40 — trading 65.8% above its estimated fair value. The current Debt-to-EBITDA is 3.71, which is 19% below median its 10-year median of 4.59 and 40.3% above the Transportation industry median of 2.65. Costamare's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Costamare (STU:LCM), the current Debt-to-EBITDA is 3.71 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Costamare (STU:LCM) Overvalued in 2026?

Based on GuruFocus' analysis, Costamare stock appears to be overvalued. The current stock price of €13.40 is trading 65.8% above its estimated GF Value™ of €8.08. GuruFocus considers Costamare to be Significantly Overvalued.

Key valuation signals for STU:LCM:

  • Debt-to-EBITDA: 3.71 (19% below median its 10-year median of 4.59)
  • GF Value™: €8.08 vs. price of €13.40 (65.8% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 40.3% above the Transportation median (#491 of 868)

No single metric tells the full story. See the STU:LCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Costamare Business Description

Address 7 Rue du Gabian, Monaco, MCO, MC 98000
Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and others. The company provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.
77GF Score

Get the complete analysis for STU:LCM

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.40
Price
€8.08
GF Value