Costamare Bulkers Holdings/$CMDB
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Costamare Bulkers Holdings
Costamare Bulkers Holdings Ltd is an international owner and operator of dry bulk vessels providing transportation of dry bulk commodities globally for a broad range of customers. Its vessels transport a broad range of bulks, such as iron ore, coal and grains and minor bulks, such as bauxite, phosphate fertilizers and steel products, across shipping routes globally. The company's vessel fleet includes Current Dry Bulk Fleet, Chartered-In Vessels Fleet, and Chartered-In Newbuilding Vessels. It operates under one reportable segment, that of operating dry bulk vessels.
- Ticker
- $CMDB
- Sector
- Mobility
- Primary listing
- NYSE
- Employees
- -
- Headquarters
- Monaco, Monaco
- Website
- www.costamarebulkers.com
CMDB Metrics
BasicAdvanced
$432M
101.20
$0.18
-
-
Price and volume
Market cap
$432M
52-week high
$24.76
52-week low
$12.51
Average daily volume
62K
Financial strength
Current ratio
3.327
Quick ratio
2.587
Long term debt to equity
0.204
Total debt to equity
0.252
Interest coverage (TTM)
0.65%
Profitability
EBITDA (TTM)
42.474
Gross margin (TTM)
11.95%
Net profit margin (TTM)
0.64%
Operating margin (TTM)
6.62%
Management effectiveness
Return on assets (TTM)
0.39%
Return on equity (TTM)
5.16%
Valuation
Price to earnings (TTM)
101.204
Price to revenue (TTM)
1.281
Price to book
0.63
Price to tangible book (TTM)
0.63
Price to free cash flow (TTM)
20.218
Free cash flow yield (TTM)
4.95%
Free cash flow per share (TTM)
0.88
Growth
Revenue change (TTM)
-70.08%
Earnings per share change (TTM)
-102.33%
Bulls say / Bears say
CMDB was profitable in the first half of 2026, with $22.2 million in adjusted net income, and its owned fleet was 99.1% utilised in Q2. That points to solid operations and earnings in the current market. (Costamare Bulkers)
The company had $331.5 million of liquidity at the end of Q2, with cash exceeding debt by $108.9 million. This gives it room to manage a downturn and pursue vessel purchases if asset prices fall. (Costamare Bulkers)
Management reported support for Panamax rates from renewed Chinese seaborne coal demand, while firmer grain and minor-bulk volumes helped the Supramax market. These cargo trends could support earnings across parts of CMDB’s fleet. (Costamare Bulkers)
Capesize rates fell by nearly $20,000 a day from their late-May peak to the end of June, and 12 owned-vessel period charters are index-linked. A further rate decline could therefore feed into earnings quickly. (Costamare Bulkers)
The operating platform relies heavily on chartered-in tonnage: 23 of its 24 Kamsarmax and Panamax ships were on short-term charters or single-voyage contracts. Charter-in hire costs reached $84.8 million in the first half, leaving results exposed if freight income weakens against those costs. (Yahoo Finance)
Q2 reported net income was $5.2 million, well below adjusted net income of $9.8 million, while operating cash flow was only $1.3 million. The gap highlights the effect of derivative marks and raises questions about how much reported profit is converting into cash. (TradingKey)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.
CMDB Financial Performance
Revenues and expenses
Upcoming events
No upcoming events
Funds containing CMDB
Fund name | Fund size | $CMDB weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.00% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.00% |
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