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Cmb.Tech N.V. logo

Cmb.Tech N.V.

CMBT

NYSEIndustrialsMarine Shipping

Open in GoAI

Previous close

$18.05

+$0.43 · +2.44%

Aug 21, 4:00 PM ET

CMBT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

86

Deep Value

Momentum

62

Gaining

Sentiment

61

Bullish

Risk resilience

65

Moderate Risk

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Company profile

Company website

Cmb.Tech N.V., a subsidiary of CMB NV, specializes in marine transportation. Established in 2003 and headquartered in Antwerp, Belgium, the company, formerly known as Euronav NV, adopted its current name in October 2024. Its operations are structured into three primary divisions. The Marine division oversees the ownership and operation of a diverse fleet, including crude oil tankers, bulk carriers, container ships, chemical carriers, offshore wind supply vessels, tugboats, and ferries; this fleet consists of 88 conventionally-fueled vessels and an additional 64 vessels. The H2 Infra division is dedicated to developing and sourcing green molecule supplies, alongside the production and distribution of green hydrogen and ammonia fuels. Completing its portfolio, the H2 Industry division provides adaptable dual-fuel solutions for various industrial applications.

Industry
Marine Shipping
Sector
Industrials
Headquarters
BE
CEO
Alexander Saverys
Listed since
Feb 17, 2000
Employees
2,752

Market position

Day range

Current $18.05

52-week range

Current $18.05

Open
$18.00
Previous close
$17.62
Volume
1.13M
0.86× average
Average volume
1.31M
Average daily volume
Market cap
5.24B USD
Beta
0.14
Market reference 1
50-day average
$15.6844
+15.08% above average
200-day average
$13.2329
+36.40% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.63B USD
P/E (TTM)
10.78×
P/B (TTM)
1.81×
P/S (TTM)
2.73×
EV / EBITDA
8.33×
Earnings yield
7.26%
Free cash flow yield
-28.38%
Dividend yield
4.92%

Profitability & efficiency

Gross margin
30.21%
Operating margin
27.64%
Net margin
24.89%
Return on equity
6.12%
Return on assets
1.91%
Return on invested capital
4.21%

Financial health

Debt / equity
1.78×
Current ratio
0.52×
Altman Z-score
1.29
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends125%50%-25%-99%Gross margin, FY2021: -65.39%Gross margin, FY2022: 27.50%Gross margin, FY2023: 51.53%Gross margin, FY2024: 59.82%Gross margin, FY2025: 28.94%Operating margin, FY2021: -73.11%Operating margin, FY2022: 21.45%Operating margin, FY2023: 78.51%Operating margin, FY2024: 106.62%Operating margin, FY2025: 22.20%Net margin, FY2021: -80.71%Net margin, FY2022: 23.35%Net margin, FY2023: 69.47%Net margin, FY2024: 92.62%Net margin, FY2025: 9.65%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -65.39%. Gross margin FY2022 27.50%. Gross margin FY2023 51.53%. Gross margin FY2024 59.82%. Gross margin FY2025 28.94%. Operating margin FY2021 -73.11%. Operating margin FY2022 21.45%. Operating margin FY2023 78.51%. Operating margin FY2024 106.62%. Operating margin FY2025 22.20%. Net margin FY2021 -80.71%. Net margin FY2022 23.35%. Net margin FY2023 69.47%. Net margin FY2024 92.62%. Net margin FY2025 9.65%.

Income trends

Revenue

1.67B USD+77.20%

Operating income

369.94M USD-63.10%

Net income

160.7M USD-81.55%
Income trends across reported periods1.87B USD1.07B USD271.78M USD−524.97M USDRevenue, FY2021: 403.67M USDRevenue, FY2022: 870.34M USDRevenue, FY2023: 1.24B USDRevenue, FY2024: 940.25M USDRevenue, FY2025: 1.67B USDOperating income, FY2021: −295.12M USDOperating income, FY2022: 186.68M USDOperating income, FY2023: 969.69M USDOperating income, FY2024: 1B USDOperating income, FY2025: 369.94M USDNet income, FY2021: −325.78M USDNet income, FY2022: 203.25M USDNet income, FY2023: 858.03M USDNet income, FY2024: 870.83M USDNet income, FY2025: 160.7M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 403.67M USD. Revenue FY2022 870.34M USD. Revenue FY2023 1.24B USD. Revenue FY2024 940.25M USD. Revenue FY2025 1.67B USD. Operating income FY2021 −295.12M USD. Operating income FY2022 186.68M USD. Operating income FY2023 969.69M USD. Operating income FY2024 1B USD. Operating income FY2025 369.94M USD. Net income FY2021 −325.78M USD. Net income FY2022 203.25M USD. Net income FY2023 858.03M USD. Net income FY2024 870.83M USD. Net income FY2025 160.7M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.67B USD940.25M USD1.24B USD870.34M USD403.67M USD
Cost of goods sold1.18B USD377.83M USD598.66M USD631.01M USD667.63M USD
Gross profit482.16M USD562.42M USD636.46M USD239.33M USD−263.96M USD
Selling, general, and administrative139.75M USD75.89M USD59.24M USD48.49M USD28.17M USD
Operating expenses112.22M USD−440.04M USD−333.23M USD52.65M USD31.16M USD
Interest income6.54M USD15.19M USD32.86M USD7.19M USD1.82M USD
Interest expense378.82M USD145.84M USD132.9M USD94.28M USD71.74M USD
Depreciation and amortization387.97M USD164.6M USD225.67M USD226.68M USD331.76M USD
Operating income369.94M USD1B USD969.69M USD186.68M USD−295.12M USD
Net income160.7M USD870.83M USD858.03M USD203.25M USD−325.78M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+226.04%
11 comparable reports
Latest EPS result
1.27
Estimate 0.27 · Beat by 378.16%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.370.920.470.02Q4 '24MetQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 7, 2024: actual 0.19, estimate 0.19, surprise 0.00%, Met estimate. Q1 2025, reported Feb 27, 2025: actual 0.477, estimate 0.27, surprise +76.74%, Beat. Q2 2025, reported May 21, 2025: actual 0.23, estimate 0.02, surprise +1050.00%, Beat. Q3 2025, reported Aug 28, 2025: actual 0.04, estimate 0.02, surprise +99.80%, Beat. Q4 2025, reported Nov 26, 2025: actual 0.07, estimate 0.4, surprise -82.50%, Miss. Q1 2026, reported Feb 26, 2026: actual 0.31, estimate 0.37, surprise -16.17%, Miss. Q2 2026, reported May 19, 2026: actual 1.27, estimate 0.266, surprise +378.16%, Beat. Q3 2026, reported Aug 27, 2026: actual —, estimate 0.875, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates617.42M468.11M318.79M169.47MQ4 '24BeatQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 7, 2024: actual 221.84M USD, estimate 204.67M USD, surprise +8.39%, Beat. Q1 2025, reported Feb 27, 2025: actual 224.71M USD, estimate 199.38M USD, surprise +12.70%, Beat. Q2 2025, reported May 21, 2025: actual 235.04M USD, estimate 259M USD, surprise -9.25%, Miss. Q3 2025, reported Aug 28, 2025: actual 387.81M USD, estimate 379M USD, surprise +2.32%, Beat. Q4 2025, reported Nov 26, 2025: actual 454.25M USD, estimate 431.69M USD, surprise +5.23%, Beat. Q1 2026, reported Feb 26, 2026: actual 586.46M USD, estimate 458.3M USD, surprise +27.96%, Beat. Q2 2026, reported May 19, 2026: actual 517.71M USD, estimate 422.43M USD, surprise +22.55%, Beat. Q3 2026, reported Aug 27, 2026: actual —, estimate 574.54M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy00%
Hold3100%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
JP MorganmaintainNeutral
Deutsche BankdowngradeBuyHold

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.0999

2023 complete year+26.5% since 2020

2026 partial: $0.85

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 3, 2026

$0.20

Irregular

Record Jun 3, 2026 · Payment Jun 10, 2026

Dividend

Ex-dividend Jun 2, 2026

$0.44

Monthly

Record Jun 3, 2026 · Payment Jun 10, 2026

Dividend

Ex-dividend Apr 15, 2026

$0.16

Quarterly

Record Apr 15, 2026 · Payment Apr 22, 2026

Dividend

Ex-dividend Jan 7, 2026

$0.05

Quarterly

Record Jan 7, 2026 · Payment Jan 15, 2026

Dividend

Ex-dividend Oct 2, 2025

$0.05

Quarterly

Record Oct 2, 2025 · Payment Oct 9, 2025

Dividend

Ex-dividend Jul 9, 2024

$1.15

Irregular

Record Jul 10, 2024 · Payment Jul 18, 2024

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ETFs holding CMBT

Funds reporting this stock among their holdings, ordered by reported position size.

Schwab International Small-Cap Equity ETF logoSchwab International Small-Cap Equity ETFSCHC
Market value
4.25M
Weight
0.07%
AUM
5.73B USD
Expense ratio
0.06%
Price / 1D
$51.25+0.61%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
2.59M
Weight
0.04%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
1.69M
Weight
0.01%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
1.54M
Weight
0.01%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%
Dimensional - International Core Equity Market ETF logoDimensional - International Core Equity Market ETFDFAI
Market value
863.7K
Weight
0.00%
AUM
18.23B USD
Expense ratio
0.18%
Price / 1D
$43.35+0.81%
Dimensional - International Small Cap Value ETF logoDimensional - International Small Cap Value ETFDISV
Market value
301.97K
Weight
0.01%
AUM
5.23B USD
Expense ratio
0.42%
Price / 1D
$44.49+0.86%
Dimensional - International Vector Equity ETF logoDimensional - International Vector Equity ETFDXIV
Market value
150.7K
Weight
0.07%
AUM
222.84M USD
Expense ratio
0.53%
Price / 1D
$75.17+1.19%
State Street SPDR Portfolio Europe ETF logoState Street SPDR Portfolio Europe ETFSPEU
Market value
85.98K
Weight
0.01%
AUM
741.65M USD
Expense ratio
0.07%
Price / 1D
$57.325+0.75%

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