Castor Maritime Inc. (CTRM) AI Stock Analysis
CTRM AI stock analysis summary
AI ResearchCastor Maritime Inc. is a Cyprus-based provider of marine shipping services across dry bulk and tanker segments with a market cap of $15.8M. For the trailing twelve months, the company generated $90.4M in revenue and $1.79 in EPS, maintaining $112.2M in cash and short-term investments as of June 30, 2026. The stock trades at a trailing P/E of 0.9x and has declined 22.6% over the past year.
- Market cap
- $15.8M
- Revenue (TTM)
- $90.4M
- P/E
- 0.9x
- 1Y return
- -22.6% S&P 500 16.8%
- Avg. target
- —
Bull case
- Trailing twelve-month revenue reached $90.4M, supported by 42.5% year-over-year quarterly revenue growth for the period ended June 30, 2026.
- The balance sheet holds $112.2M in cash and short-term investments against net debt of $49.4M, accompanied by a strong current ratio of 4.68.
- CTRM trades at a trailing P/E of 0.9x and price to book of 0.0x, substantially lower than the US-listed Industrials median trailing P/E of 24.8x.
Bear case
- Long-term share price performance has been weak, with CTRM falling 93.1% over the past 5 years compared to an 83.0% gain for the S&P 500.
- The company's 5-year share count change expanded by 532.9%, reflecting substantial past equity dilution.
- Operating margins contracted from 42.0% in FY2021 to -0.1% in FY2025, alongside negative FY2025 EPS of -$2.88.
What Castor Maritime does
Castor Maritime Inc. is a global provider of shipping services operating across three distinct segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. The company specializes in offering seaborne transportation solutions for commodities including iron ore, coal, soybeans, crude oil, and refined petroleum products across global markets. As of December 31, 2021, the company managed and operated a fleet of 29 vessels, which included two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and 14 dry bulk vessels. Established in 2017, the company is headquartered in Limassol, Cyprus.
Growth and profitability
Between FY2021 and FY2025, Castor Maritime's revenue shifted from $132.0M to $81.8M, delivering a 5-year revenue CAGR of 45.6% from FY2020. Annual revenue grew 23.5% in FY2025, recovering from $66.2M in FY2024. Operating margin compressed from 42.0% in FY2021 to -0.1% in FY2025, while net margin moved from 39.6% to 23.6%, yielding net income of $19.3M and an EPS of -$2.88. Over the trailing twelve months, revenue reached $90.4M with an operating margin of 7.7% and a profit margin of 109.1%. For the latest quarter ended June 30, 2026, quarterly revenue grew 42.5% year-over-year, while quarterly earnings declined 10.0%.
Balance sheet and cash flow
As of June 30, 2026, Castor Maritime held $112.2M in cash and short-term investments alongside total debt of $161.6M, resulting in net debt of $49.4M. Total assets stood at $891.3M against shareholders' equity of $579.9M, with a current ratio of 4.68 and a debt-to-equity ratio of 0.28. During FY2025, operating cash flow was $10.0M and free cash flow was $9.2M, after capital expenditures of $889,260. Financing activities in FY2025 included $60.0M spent on share buybacks and $4.9M in dividends paid.
Valuation and performance
Castor Maritime trades at a trailing P/E of 0.9x, compared to the median of 24.8x for its US-listed Industrials peers. Its enterprise value of $36.0M reflects an EV to EBITDA of 0.2x and an EV to revenue of 0.4x, well below the peer medians of 13.9x and a price to sales median of 1.5x, with CTRM trading at a price to sales of 0.2x. Over the past year, CTRM fell 22.6%, trailing the 16.8% return for SPY. Over five years, the stock dropped 93.1%, while SPY gained 83.0%.
What analysts expect
Analyst recommendations and price targets are currently unavailable for Castor Maritime. The company's next earnings report date is scheduled for December 2, 2026. For the trailing twelve months ended June 30, 2026, the company recorded diluted EPS of $1.79. In its most recent fiscal year, FY2025, CTRM reported net income of $19.3M and EPS of -$2.88. Institutional ownership stands at 4.5%, insider holdings represent 0.1%, and short interest as a percentage of the float is 0.0%.
Key risks and what to watch
- Quarterly earnings declined 10.0% year-over-year in the latest quarter ended June 30, 2026, highlighting bottom-line volatility.
- Operating margins dropped to -0.1% in FY2025 from 48.7% in FY2022, signaling high earnings sensitivity in maritime freight markets.
- High historical share count dilution of 532.9% over five years poses an ongoing risk to per-share value.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this CTRM AI stock analysis
This page is an AI-written research summary of Castor Maritime Inc. (CTRM). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: CTRM income statement, CTRM balance sheet, CTRM key metrics, CTRM chart. See the CTRM stock overview for the latest quote and news.
CTRM AI stock analysis FAQ
What does Castor Maritime Inc. do?
Castor Maritime Inc. provides seaborne transportation services through three segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. Its fleet transports commodities such as iron ore, coal, soybeans, crude oil, and refined petroleum products.
What is CTRM's current cash and debt position?
As of June 30, 2026, Castor Maritime had $112.2M in cash and short-term investments and $161.6M in total debt, leaving net debt at $49.4M. Its current ratio stood at 4.68 with a debt-to-equity ratio of 0.28.
How does CTRM's valuation compare to industry peers?
Castor Maritime trades at a trailing P/E of 0.9x and an EV to EBITDA of 0.2x. These multiples are well below the US-listed Industrials peer medians of 24.8x and 13.9x, respectively.
When is CTRM's next earnings date?
Castor Maritime's next earnings release is scheduled for December 2, 2026.