Company Analysis

Castor Maritime Inc. (CTRM)

Nasdaq: CTRM · Deep Sea Foreign Transportation of Freight · Limassol, CY · filing with the SEC since 2017
Grade4.0
◀ Past 3.5● Present 4.0▶ Future 4.4
1 est.

The grade of Castor Maritime Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.0/10
◀ Past3.530% of the headline
● Present4.040% of the headline
▶ Future4.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
0.9/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2025-04-30.

weight 33% of this tense · 9th percentile among 44 sector filers · read for itself

From the record

Castor Maritime Inc.'s filings since 2017 show 1 warning event: a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-04-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.7/10

What has it actually done, year after year?

+51.8% a year over 8 filed years; profitable in 7 of 8.

weight 45% of this tense · 67th percentile among 42 sector filers · read for its customers

From the record

Castor Maritime Inc.'s 8 filed years say what it did: revenue went from $4 million in fiscal 2018 to $82 million in fiscal 2025, up 51.8% a year; it rose in 5 of 7 years; the deepest fall was 56% from fiscal 2022 to fiscal 2024; net income was positive in 7 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span51.8%top 4% of its family
  • the share of years revenue rosetop 31% of its family
  • the share of filed years with a profittop 13% of its family
  • the deepest fall from a revenue peak55.9%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.0/10

How has it treated the people who own it?

Share count grew 78.3% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 10th percentile among 38 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Castor Maritime Inc.'s diluted share count grew about 78.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 11% of its family
  • cash returned against operating cash flowbottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.0/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.0/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 34%: owes 34¢ per asset dollar.

weight 33% of this tense · 40th percentile among 43 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Castor Maritime Inc. earned about 4 cents of profit for every dollar of shareholders' money. Leverage: it owed about 34 cents per dollar of assets, and net share issuance: its share count grew 38.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 27% of its family
  • return on equitybottom 36% of its family
  • the share count against the year beforebottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.1/10

How strong is its position in its industry?

bottom 31% of 43 in its family; net margin 23.6%.

weight 45% of this tense · 31st percentile among 43 sector filers · read for its customers

From the record

Castor Maritime Inc.'s standing among 43 graded names in its industry family: revenue of $82 million in fiscal 2025 ranks in the bottom 27% by size; a net margin of 23.6% ranks in the top 41%; revenue growth of -18.3% a year over the last 3 filed years ranks in the bottom 6% (its annual reports).

What it rests on

  • revenue against the family$81.8Mbottom 27% of its family
  • net margin23.6%top 41% of its family
  • three-year revenue growth-18.3%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.8/10

What are the people in charge doing?

SI estimate 5.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 8 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 8 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Castor Maritime Inc.'s leadership is put at 5.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.1/10

How much room does it have to grow?

top 39% of 42 in its family for room to expand.

weight 22% of this tense · 61st percentile among 42 sector filers · read for itself

From the record

Castor Maritime Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $152 million against no long-term debt tagged leaves 19% of its assets as net cash, top 10% of its family; cash from operations less capital spending is 12.3% of revenue (bottom 32%) (its annual report).

What it rests on

  • cash less debt against assets19.0%top 10% of its family
  • cash from operations less capital spending against revenue12.3%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.6/10

What could actually drive growth from here?

bottom 36% of 41 in its family for growth drivers.

weight 45% of this tense · 36th percentile among 41 sector filers · read for its customers

From the record

Castor Maritime Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -18.3% a year over the last three filed years against 51.8% over all 8, slowing (bottom 1% of its family); the newest year grew 23.5% (top 20%); capital spending grew -32.5% a year (bottom 27%) (its annual reports). Castor Maritime Inc. reported 3 lines of business in fiscal 2024: Dry Bulk at $50 million, Containership at $15 million, Asset Management at $1 million. 2 of 3 grew in the latest filed year, and the largest line is 75% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-70.1 points a yearbottom 1% of its family
  • the newest year's revenue growth23.5%top 20% of its family
  • three-year growth of capital spending-32.5%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.5/10

Did its newest year beat what its own record pointed to?

bottom 45% of 39 in its family for expectations against reality.

weight 33% of this tense · 45th percentile among 39 sector filers · read for its shareholders

From the record

Castor Maritime Inc.'s newest year against its own record: revenue of $82 million in fiscal 2025 came in 85.9% above the $44 million its prior three years' pace pointed to (top 7% of its family); net income of $19 million against a prior three-year average of $57 million (bottom 29%); a net margin of 23.6% against 46.9% before (bottom 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace85.9%top 7% of its family
  • net income against the prior three years' average-66%bottom 29% of its family
  • net margin against its prior average-23.3 pointsbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CTRM · research, not advice