CTRM revenueFY2025$81.81M
- FY YoY
- +23.5%
- 5Y CAGR
- +45.6%
CTRM revenue was $81.81M for fiscal 2025 (ended Dec 31, 2025), up 23.5% from fiscal 2024. Compound annual growth was +45.6% over 5 years. It rose in 4 of the last 6 fiscal years.
Castor Maritime Inc. (CTRM) financials
For fiscal 2025 (ended Dec 31, 2025), Castor Maritime Inc. reported $81.81M of revenue and $19.27M of net income.
- Revenue, FY2025
- $81.81M
- Revenue growth, YoY
- +23.5%
- Net income, FY2025
- $19.27M
- Net income growth, YoY
- +31.8%
- Net margin
- 23.6%
- EPS, diluted, FY2025
- $0.36
- EPS growth, YoY
- -5.3%
- Cash
- $151.78M
- P/E
- 0.67
- P/S
- 0.16
- Market cap
- $12.9M
FY2018FY2025
FY2018FY2025
FY2018FY2024
CTRM revenue and earnings growth
CTRM net incomeFY2025$19.27M
- FY YoY
- +31.8%
CTRM net income was $19.27M for fiscal 2025 (ended Dec 31, 2025), up 31.8% from fiscal 2024. It rose in 2 of the last 4 fiscal years.
CTRM EPSFY2025$0.36
- FY YoY
- -5.3%
CTRM diluted EPS was $0.36 for fiscal 2025 (ended Dec 31, 2025), down 5.3% from fiscal 2024.
CTRM free cash flowFY2024-$30.26M
CTRM free cash flow was -$30.26M for fiscal 2024 (ended Dec 31, 2024), compared with $21.56M in fiscal 2023.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $81.81M | $66.24M | $97.52M | $150.22M | $102.79M | $12.49M | $5.97M | $3.96M |
| Selling, general and admin | $19.43M | $13.34M | $5.68M | $7.04M | $3.27M | $1.13M | $378.8K | $109.2K |
| Operating income | -$18.42M | $21.43M | $22.01M | $73.09M | $55.36M | $452.0K | $1.28M | $987.2K |
| Interest expense | $4.97M | $6.09M | $11.26M | $7.68M | $2.35M | $2.19M | $222.2K | $3.4K |
| Pre-tax income | $22.41M | $15.44M | $21.48M | $66.93M | $53.10M | -$1.73M | $1.09M | $980.9K |
| Income tax | $323.1K | $134.0K | $177.8K | $388.7K | $291.2K | $21.6K | $0 | $0 |
| Net income | $19.27M | $14.62M | $38.64M | $118.56M | $52.27M | -$1.75M | $1.09M | $980.9K |
| EPS, basic | $1.13 | $3.50 | $3.86 | $12.53 | $4.80 | -$2.60 | $31.10 | -$28.00 |
| EPS, diluted | $0.36 | $0.38 | $1.74 | $12.53 | $4.70 | -$2.60 | $31.10 | -$28.00 |
| Diluted shares | 53.7M | 38.7M | 22.0M | 9.5M | 8.5M | 677,351.9 | 26,623.8 | 24,000 |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $151.78M | $87.90M | $111.38M | $152.31M | $43.39M | $9.43M | $5.06M | $1.74M |
| Receivables | $7.91M | $2.69M | $2.91M | $2.71M | $8.22M | $1.30M | $216.5K | $2.5K |
| Inventory | $791.8K | $1.55M | $977.6K | $1.94M | $4.44M | $714.8K | $143.5K | $60.7K |
| Current assets | $221.41M | $253.86M | $242.28M | $166.47M | $55.00M | $13.56M | $6.22M | $2.11M |
| Goodwill | $24.13M | $17.93M | $0 | - | - | - | - | - |
| Total assets | $797.36M | $797.38M | $605.04M | $633.15M | $462.91M | $74.37M | $30.42M | $9.62M |
| Current liabilities | $34.41M | $64.40M | $28.60M | $51.59M | $34.03M | $10.90M | $2.98M | $149.2K |
| Total debt | - | - | $85.80M | $138.77M | $102.04M | $13.19M | $10.76M | - |
| Total liabilities | $209.12M | $249.62M | $143.86M | $171.65M | $119.98M | - | - | - |
| Shareholders' equity | $525.43M | $492.42M | $461.18M | $461.50M | $342.93M | $52.38M | $13.20M | $9.47M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.05M | $41.91M | $22.18M | $95.68M | -$40.27M | -$2.34M | $2.31M | $902.7K |
| Capital expenditures | - | $72.17M | $623.3K | $75.55M | $234.99M | $35.47M | $17.23M | $0 |
| Free cash flow | - | -$30.26M | $21.56M | $20.12M | -$275.26M | -$37.82M | -$14.92M | $902.7K |
| Investing cash flow | $97.07M | -$133.48M | -$8.97M | -$75.53M | -$237.35M | -$35.47M | -$17.23M | $0 |
| Financing cash flow | -$46.32M | $59.57M | -$2.14M | $51.95M | $305.92M | $42.18M | $18.09M | $0 |
| Stock-based compensation | $242.6K | $9.5K | $0 | $0 | - | - | - | - |
| Depreciation and amortization | $14.76M | $15.04M | $22.08M | $18.54M | $10.53M | $1.90M | $897.2K | $637.6K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Sep 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 23.5% | -32.1% | -35.1% | 46.1% | 723.1% | 109.3% | 50.7% | - |
| Net income growth, YoY | 31.8% | -62.2% | -67.4% | 126.8% | - | - | 10.9% | - |
| EPS growth, YoY | -5.3% | - | - | 166.6% | - | - | - | - |
| Operating margin | -22.5% | 32.3% | 22.6% | 48.7% | 53.9% | 3.6% | 21.5% | 24.9% |
| Net margin | 23.6% | 22.1% | 39.6% | 78.9% | 50.9% | -14.0% | 18.2% | 24.8% |
| Free cash flow margin | - | -45.7% | 22.1% | 13.4% | -267.8% | -302.8% | -249.9% | 22.8% |
| Return on equity | 3.7% | 3.0% | 8.4% | 25.7% | 15.2% | -3.3% | 8.2% | 10.4% |
| Return on assets | 2.4% | 1.8% | 6.4% | 18.7% | 11.3% | -2.4% | 3.6% | 10.2% |
| Current ratio | 6.44 | 3.94 | 8.47 | 3.23 | 1.62 | 1.24 | 2.09 | 14.14 |
| Debt to equity | - | - | 0.19 | 0.30 | 0.30 | 0.25 | 0.81 | - |
Income statement
| Line item | Dec 31, 2017 |
|---|---|
| Revenue | $666.6K |
| Net income | -$247.9K |
| EPS, basic | -$26.00 |
| EPS, diluted | -$26.00 |
Balance sheet
| Line item | Dec 31, 2017 |
|---|---|
| Cash and equivalents | $486.7K |
| Total assets | $9.22M |
| Shareholders' equity | $8.25M |
Cash flow
| Line item | Dec 31, 2017 |
|---|---|
| Operating cash flow | -$349.8K |
| Depreciation and amortization | $107.9K |
Key ratios
| Line item | Dec 31, 2017 |
|---|---|
| Net margin | -37.2% |
Source: XBRL data Castor Maritime Inc. files with the SEC, latest filing dated Apr 15, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-10, first reported Mar 31, 2022; 1-for-10, first reported May 14, 2025.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
CTRM peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| CTRM | $81.81M | +23.5% | $19.27M | 23.6% | $12.9M |
| GD | $56.52B | +9.7% | $4.66B | 8.2% | $97.84B |
| RCL | $19.13B | +9.7% | $4.55B | 23.8% | $90.13B |
| CCL | $27.59B | +5.2% | $3.14B | 11.4% | $41.43B |
| VIK | $6.50B | +21.9% | $1.15B | 17.7% | $38.86B |
| BIP | $23.10B | +9.8% | $2.53B | 11.0% | $18.16B |
| HII | $13.53B | +12.6% | $733.00M | 5.4% | $11.99B |
| FRO | $1.97B | -8.8% | $379.08M | 19.2% | $9.86B |
| NCLH | $10.16B | +4.9% | $832.94M | 8.2% | $8.46B |
CTRM FAQ
7 questionsWhat is CTRM revenue?
Castor Maritime Inc. (CTRM) reported $81.81M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 23.5% from the year before.Is CTRM profitable?
Yes. Castor Maritime Inc. earned $19.27M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 23.6%.How much cash and debt does CTRM have?
Castor Maritime Inc. reported $151.78M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is CTRM revenue growing?
Castor Maritime Inc.'s revenue changed +23.5% in fiscal 2025, to $81.81M. Its compound annual growth rate was +45.6% over 5 years.What is CTRM earnings per share?
Diluted earnings per share were $0.36 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did CTRM last report financial results?
The latest statements here come from Castor Maritime Inc.'s 20-F filed on Apr 15, 2026, covering the period ended Dec 31, 2025.Where does this CTRM financial data come from?
Quantisnow builds these statements from the structured XBRL data Castor Maritime Inc. files with the SEC. It is provided for information only and is not investment advice.