Costamare Inc. (CMRE) vs Danaos Corporation (DAC)
Costamare Inc. and Danaos Corporation are both Marine Shipping companies. Danaos Corporation is the larger, with a market value of $2.8B against $1.8B — 1.6× the size. Danaos Corporation trades at the lower P/E: 5.2× against 5.5×. Costamare Inc. grew revenue faster over the last twelve months: 34.8% against 2.45%. Danaos Corporation has the higher net margin (51.3% vs 37.1%) and the higher return on invested capital (7.91% vs 7.70%). Both pay a dividend; Danaos Corporation yields more (4.19% vs 4.18%). Across the 23 metrics below, Danaos Corporation leads on 19 and Costamare Inc. on 4.
Valuation
Profitability
| Metric | CMRE | DAC | Marine Shipping median |
|---|---|---|---|
| Gross margin | 72.32% | 74.98% | 60.61% |
| Operating margin | 48.24% | 48.42% | 27.74% |
| Net margin | 37.08% | 51.26% | 25.21% |
| Free cash flow margin | 7.18% | 18.48% | 17.29% |
| Return on equity | 14.75% | 14.14% | 8.62% |
| Return on assets | 8.21% | 10.85% | 5.35% |
| Return on invested capital | 7.70% | 7.91% | 5.32% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack