Saturday 17 October 2026
Export CTRM’s income statement to Excel — free account
Castor Maritime Inc.
CTRM Industrials Marine Shipping
Castor Maritime Inc.’s revenue for fiscal 2025 (year ended December 2025) was $81.8 million, up 23.5% from fiscal 2024. In the quarter to June 2026, revenue grew 42.5%, EPS grew 400.0%, free cash flow fell 344.8% and total debt rose 1,276.5%, each against the same quarter a year earlier.
1.64
0.02
−1.20%
Follow CTRM
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Sep '18 | Dec '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
6 | 4 | 4 | 6 | 7 | 1 | — | — | — | — |
P/E ratio |
1.83 | 2.05 | 1.25 | 0.87 | 3.30 | 0.00 | 5.81 | 0.00 | 0.00 | 0.00 |
P/S ratio |
0.24 | 0.40 | 0.48 | 0.69 | 0.90 | 1.00 | 0.76 | 0.00 | 0.00 | 0.00 |
Altman Z-Score |
0.79 | 0.92 | 1.33 | 1.56 | 1.45 | 0.55 | 0.65 | — | — | — |
P/FCF ratio |
0.28 | 0.34 | 0.55 | 5.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
5.32 | 4.98 | 6.98 | 5.60 | 4.38 | 2.72 | 1.83 | 28.16 | 69.33 | (16.28) |
Beneish M-Score |
(1.59) | (0.63) | (1.19) | (1.03) | 5.22 | (0.27) | (6.96) | — | — | — |
P/Operating CF |
1.60 | 2.57 | 4.25 | 3.19 | 3.69 | (6.17) | (358.06) | 0.00 | 0.00 | 0.00 |
P/B ratio |
0.03 | 0.05 | 0.10 | 0.22 | 0.35 | 0.24 | 0.34 | 1.24 | 1.24 | 1.24 |
Dividend Safety Score |
70 | — | — | — | — | — | — | — | — | — |
Price to Tangible BV |
0.04 | 0.05 | 0.10 | 0.22 | 0.35 | 0.24 | 0.34 | 1.24 | 1.24 | 1.24 |
EV/Sales |
(0.93) | (0.42) | (0.62) | 0.93 | 1.38 | 1.75 | 2.67 | 0.00 | 0.00 | 0.00 |
EV/EBITDA |
23.44 | 0.00 | 0.00 | 1.51 | 2.67 | 12.89 | 9.49 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(7.55) | (0.67) | (2.73) | 1.46 | 2.99 | (9.30) | 8.34 | 11.33 | 11.33 | 11.33 |
EV/FCF |
(1.07) | (0.36) | (0.71) | 6.94 | (0.63) | (0.57) | (2.76) | (1.54) | (1.54) | (1.54) |
Quick Ratio |
6.31 | 2.78 | 6.97 | 2.09 | 1.40 | 1.08 | 1.86 | 6.32 | 13.44 | 4.91 |
Current Ratio |
6.44 | 3.94 | 8.47 | 3.23 | 1.62 | 1.24 | 2.09 | 6.58 | 14.14 | 1.31 |
Net Debt/EBITDA |
29.79 | (1.44) | (2.27) | 0.39 | 0.92 | 3.02 | 5.05 | (0.78) | (1.07) | 0.82 |
Debt/Assets |
10.56% | 12.99% | 13.78% | 21.92% | 22.04% | 24.45% | 51.80% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.14 | 0.19 | 0.18 | 0.30 | 0.30 | 0.35 | 1.19 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.10 | 0.09 | 0.16 | 0.27 | 0.49 | 0.24 | 0.29 | 0.45 | 0.80 | 0.45 |
Operating CF/Net income |
0.92 | 1.24 | 0.60 | 0.81 | 1.50 | 1.34 | 2.79 | (0.05) | (1.36) | (0.11) |
Capex/Depreciation |
4.02 | 2.17 | 2.50 | (3.84) | (28.06) | (13.56) | (18.43) | 0.00 | 0.00 | (41.39) |
Interest Coverage |
(3.71) | 3.52 | 1.95 | 9.52 | 19.45 | 0.21 | 5.78 | 107.64 | 290.35 | — |
| 1.92% | 6.70% | 8.02% | 29.48% | 20.49% | (5.35%) | 7.22% | (29.81%) | (7.41%) | 11.55% | |
| 1.37% | 4.82% | 5.97% | 21.63% | 15.08% | (3.35%) | 4.08% | (28.93%) | (13.43%) | 21.77% | |
ROIC |
(2.34%) | 2.72% | 3.89% | 9.17% | 8.56% | 0.46% | 3.29% | 0.00% | 7.98% | 0.00% |
Return on Tangible Assets |
3.18% | 8.67% | 8.34% | 25.87% | 9.76% | (2.89%) | 3.08% | (30.45%) | (7.37%) | 13.19% |
Average Days of Receivables |
163.19 | 115.30 | 32.06 | 13.05 | 22.73 | 83.64 | 59.69 | 69.60 | 24.47 | 48.02 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
23.75% | 20.14% | 5.83% | 4.69% | 2.47% | 9.06% | 8.56% | 4.72% | 11.60% | 28.29% |
Intangible Assets out of Total Assets |
0.06 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.63% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
0.62 | 0.16 | 2.10 | (0.05) | (0.55) | (0.67) | (2.51) | 0.20 | 0.20 | 0.20 |
Graham Number |
39.34 | 41.40 | 65.03 | 117.13 | 62.88 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
54.59% | 48.87% | 79.75% | 114.68% | 30.28% | (51.21%) | 17.22% | (22.18%) | (22.18%) | (22.18%) |
Free Cash Flow Yield |
355.48% | 292.08% | 181.97% | 19.51% | (241.56%) | (304.86%) | (127.78%) | (54.83%) | (54.83%) | (54.83%) |
Revenue per Share |
8.47 | 6.86 | 10.19 | 15.88 | 15.73 | 18.43 | 224.35 | 18.52 | 165.03 | 8.41 |
Operating CF per Share |
1.04 | 4.34 | 2.32 | 10.11 | 7.24 | (3.46) | 86.92 | 0.62 | 37.61 | (0.45) |
Capex per Share |
6.32 | 3.69 | 6.58 | (7.99) | (41.54) | (52.37) | (647.65) | 0.00 | 0.00 | (31.45) |
Free Cash Flow per Share |
7.36 | 8.03 | 8.90 | 2.13 | (34.30) | (55.83) | (560.73) | 0.62 | 37.61 | (31.90) |
Cash per Share |
18.70 | 16.37 | 19.94 | 10.81 | 4.71 | 13.18 | 171.39 | 7.86 | 72.47 | 3.49 |
Shareholders Equity per Share |
60.88 | 56.69 | 48.19 | 48.78 | 40.86 | 77.33 | 496.39 | 40.63 | 394.78 | 0.00 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
60.88 | 56.69 | 48.19 | 48.78 | 40.86 | 77.33 | 496.39 | 40.63 | 394.78 | 0.00 |
Free Cash Flow |
71.10 | 77.61 | 85.17 | 20.12 | (287.87) | (37.82) | (14.92) | 0.15 | 0.90 | (7.66) |
Working Capital |
187.01 | 189.46 | 213.67 | 114.88 | 20.97 | 2.66 | 3.24 | 2.41 | 1.96 | 0.07 |
Capital Expenditures |
61.05 | 35.70 | 62.98 | (75.55) | (348.64) | (35.47) | (17.23) | — | — | (7.55) |
Net Current Asset Value |
12.30 | 4.24 | 98.42 | (5.18) | (64.98) | (8.42) | (11.00) | 2.41 | 1.96 | 0.07 |
EV/EBIT |
4.12 | 0.00 | 0.00 | 1.91 | 3.27 | 48.21 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
(0.75) | (0.54) | (0.65) | 0.50 | 2.64 | 2.84 | 2.89 | 0.00 | 0.00 | 3.74 |
Price to Operating Income |
0.00 | 1.24 | 2.13 | 1.41 | 2.15 | 27.73 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.10 | 0.08 | 0.11 | 0.06 | 0.03 | 0.05 | 0.04 | 0.03 | 0.09 | 0.02 |
Cash ROIC |
8.33% | 9.59% | 11.58% | 2.86% | (59.41%) | (47.57%) | (44.50%) | 1.27% | 8.05% | (914.77%) |
Accounts Receivable Turnover |
2.85 | 4.49 | 13.99 | 22.10 | 23.82 | 6.51 | 6.55 | 7.99 | 14.92 | 5.73 |
Accounts Payable Turnover |
15.52 | 12.72 | 9.01 | 7.12 | 14.65 | 6.45 | 9.36 | 18.12 | 25.47 | 13.87 |
Inventory Turnover |
38.68 | 24.95 | 32.20 | 14.11 | 20.25 | 18.72 | 30.49 | 42.60 | 32.90 | 31.29 |
Average Days of Payables |
29.91 | 24.60 | 22.02 | 61.62 | 35.29 | 94.46 | 48.91 | 35.43 | 6.93 | 26.31 |
Days of Inventory on Hand |
6.37 | 17.96 | 7.60 | 15.74 | 31.05 | 32.48 | 17.09 | 8.34 | 12.55 | 11.66 |
Average Receivables |
28.75 | 14.75 | 6.97 | 6.80 | 5.54 | 1.92 | 0.91 | 0.56 | 0.27 | 0.35 |
Average Payables |
2.92 | 2.48 | 5.21 | 6.32 | 3.56 | 1.24 | 0.33 | 0.14 | 0.07 | 0.11 |
Average Inventory |
1.17 | 1.26 | 1.46 | 3.19 | 2.58 | 0.43 | 0.10 | 0.06 | 0.05 | 0.05 |
Average Assets |
797.37 | 701.21 | 619.10 | 548.03 | 268.64 | 52.40 | 20.30 | 9.90 | 4.96 | 4.51 |
Average Common Equity |
568.00 | 504.47 | 461.34 | 402.21 | 197.66 | 32.79 | 11.48 | 9.61 | 8.98 | 8.49 |
Columns are period end dates · fundamentals updated 2 Oct 2026