Saturday 17 October 2026
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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%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | 180.00 | 11.20 | 13.60 | 10.00 | 2.85 | 2.67 | 1.84 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | 1,899.90 | 260.00 | 195.00 | 24.50 | 14.50 | 6.50 | 2.96 | |||||
| People | |||||||||||||||
| People | Employees | — | — | 1 | 1 | 1 | 1 | 1 | — | 155 | 123 | ||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 5.97 | 12.49 | 132.05 | 150.22 | 0.00 | 0.43 | 0.67 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 2 | 2 | 4 | 6 | 12 | 132 | 150 | 98 | 66 | 82 | ||||
| Gross margin, % | 36.78 | 27.74 | 43.35 | 48.65 | 35.68 | 60.50 | 70.06 | 51.84 | 52.36 | 44.59 | |||||
| EBT | 1 | (1) | 1 | 1 | (2) | 53 | 67 | 21 | 15 | 22 | |||||
| EBT margin, % | 43.54 | (59.88) | 24.88 | 18.23 | (13.87) | 39.96 | 44.56 | 22.03 | 23.31 | 27.39 | |||||
| Net income | 0 | (1) | 0 | 1 | (2) | 52 | 67 | 21 | 15 | 22 | |||||
| Depreciation | — | 0 | 0 | 1 | 3 | 12 | 20 | 25 | 16 | 15 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.00 | 8.41 | 18.52 | 224.35 | 18.43 | 15.73 | 15.88 | 10.19 | 6.86 | 8.47 | ||||
| Earnings | — | 3.54 | (11.94) | 31.00 | (3.00) | 4.80 | 12.50 | 3.90 | 1.58 | 1.13 | |||||
| Cash flow | — | (0.45) | 0.62 | 86.92 | (3.46) | 7.24 | 10.11 | 2.32 | 4.34 | 1.04 | |||||
| Capex | — | (31.45) | 0.00 | (647.65) | (52.37) | (41.54) | (7.99) | 6.58 | 3.69 | 6.32 | |||||
| Free cash flow | — | (31.90) | 0.62 | (560.73) | (55.83) | (34.30) | 2.13 | 8.90 | 8.03 | 7.36 | |||||
| Book value | 0.00 | 0.00 | 40.63 | 496.39 | 77.33 | 40.86 | 48.78 | 48.19 | 56.69 | 60.88 | |||||
| Shares, m | — | 0 | 0 | 0 | 1 | 8 | 9 | 10 | 10 | 10 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 5.81 | 0.00 | 3.30 | 0.87 | 1.25 | 2.05 | 1.83 | ||||
| P/S | 0.00 | 0.00 | 0.00 | 0.76 | 1.00 | 0.90 | 0.69 | 0.48 | 0.40 | 0.24 | |||||
| P/B | 1.24 | 1.24 | 1.24 | 0.34 | 0.24 | 0.35 | 0.22 | 0.10 | 0.05 | 0.03 | |||||
| EV/Sales | 0.00 | 0.00 | 0.00 | 2.67 | 1.75 | 1.38 | 0.93 | (0.62) | (0.42) | (0.93) | |||||
| EV/FCF | (1.54) | (1.54) | (1.54) | (2.76) | (0.57) | (0.63) | 6.94 | (0.71) | (0.36) | (1.07) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | 0 | 0 | 2 | (2) | 61 | 96 | 22 | 42 | 10 | ||||
| Capex | — | (8) | — | (17) | (35) | (349) | (76) | 63 | 36 | 61 | |||||
| Free cash flow | — | (8) | 0 | (15) | (38) | (288) | 20 | 85 | 78 | 71 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 1 | 0 | 2 | 3 | 3 | 21 | 115 | 214 | 189 | 187 | ||||
| Total debt | — | — | — | 16 | 18 | 102 | 139 | 83 | 104 | 84 | |||||
| Net debt | (1) | (1) | (2) | 11 | 9 | 62 | 36 | (107) | (55) | (96) | |||||
| Shareholders’ equity | 8 | 0 | 10 | 13 | 52 | 343 | 461 | 461 | 548 | 588 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 10.08 | 21.77 | (28.93) | 4.08 | (3.35) | 15.08 | 21.63 | 5.97 | 4.82 | 1.37 | ||||
| ROIC | 3.35 | 0.00 | 0.00 | 3.29 | 0.46 | 8.56 | 9.17 | 3.89 | 2.72 | (2.34) | |||||
| ROE | 18.75 | 11.55 | (29.81) | 7.22 | (5.35) | 20.49 | 29.48 | 8.02 | 6.70 | 1.92 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026
Charts ten years each
Castor Maritime Inc. vs peers in Marine Shipping (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GLBS Globus Maritime Limited | $69.1M | 9.4× | — (loss-making) | +53.18% (above 0%: growing) | n/m | +1,883.66% (above 0%: growing) | 66.15% | 37.93% | Compare |
| EHLD Euroholdings Ltd. | $33.3M | 3.5× | — | +194.98% (above 0%: growing) | +406.67% (above 0%: growing) | +182.44% (above 0%: growing) | 65.57% | 53.03% | Compare |
| USEA United Maritime Corporation | $24.2M | — (loss-making) | 27.4× | −19.89% (below 0%: shrinking) | 0.00% | +273.83% (above 0%: growing) | 65.15% | 25.60% | Compare |
| PSHG Performance Shipping Inc. | $20.0M | 0.7× | 1.4× | +58.30% (above 0%: growing) | −66.09% (below 0%: shrinking) | −134.71% (below 0%: shrinking) | 71.42% | 44.82% | Compare |
| VNTG Vantage Corp | $16.6M | — | — | — | — | — | — | — | Compare |
| CTRM Castor Maritime Inc. | $16.0M | 0.2× | — | +42.50% (above 0%: growing) | +400.00% (above 0%: growing) | −344.84% (below 0%: shrinking) | 44.78% | 96.08% | |
| UFG Uni-Fuels Holdings Limited | $12.3M | — | — | — | — | +62.98% (above 0%: growing) | — | — | Compare |
| HTCO Caravelle International Group | $10.5M | 0.1× | — | — | n/m | +3,267.49% (above 0%: growing) | — | 0.00% | Compare |
| ICON Icon Energy Corp. | $4.7M | — | — | — | n/m | +74.39% (above 0%: growing) | 56.39% | 1.12% | Compare |
| Median of peers | $18.3M | 2.1× | — | +55.74% | 0.00% | +182.44% | 65.57% | 31.77% |
Castor Maritime Inc. (CTRM) key facts
- Strength: Castor Maritime Inc.’s revenue for fiscal 2025 (year ended December 2025) was $81.8 million, up 23.5% from fiscal 2024.
- Castor Maritime Inc. (CTRM) is a Marine Shipping company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, CTRM traded at $1.64, a market capitalization of $16.0 million.
- Return on equity was 1.92% and debt-to-equity 0.10.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.79 (distress zone) for fiscal 2025.