CMB.TECH nv

CMBT Energy Oil & Gas Midstream

CMB.TECH nv’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 16.1% from fiscal 2024.

Revenue
+519.2%
EPS
+677.3%
Free cash flow
+451.2%
Total debt
−4.98%

Quarter to June 2026, against a year earlier

16.58 0.48 −2.81%
Market cap
$4.8B
P/E
3.4×
Fwd P/E
3.9×
Dividend yield
5.55%
F-score
3/9
Altman Z
0.77
Beneish M
−2.22
Dividend safety
25/100

CMB.TECH nv (CMBT) Debt to equity

Alert me on Debt to equity

CMB.TECH nv's debt to equity at the end of the quarter to 30 June 2026 was 1.7×, down 0.4× from fiscal 2025 (2.0×). Over the past ten years it has ranged from 0.4× (fiscal 2023) to 2.2× (fiscal 2024); the current reading is higher than 91% of that period. That is above the Oil & Gas Midstream industry median of 0.8× and above the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 2.0× (7.15%)
FY2024 2.2× 478.94%
FY2023 0.4× (50.77%)
FY2022 0.8× (6.98%)
FY2021 0.8× 55.88%
FY2020 0.5× (28.31%)
FY2019 0.7× (5.32%)
FY2018 0.8× 60.70%
FY2017 0.5× (15.34%)
FY2016 0.6× 4.13%

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.7× (1.92%)
Mar 2026 1.7× (15.86%)
Dec 2025 2.0× (4.12%)
Sep 2025 2.1× (1.77%)
33 more quarters

Against its own ten years

Low 0.4× High 2.2×
Ten-year median 0.7×
Current reading's percentile 91

Debt to equity against peers

Company Debt to equity
EE Excelerate Energy, Inc. compare 0.0×
STNG Scorpio Tankers Inc. compare 0.1×
INSW International Seaways Inc. compare 0.3×
DHT DHT Holdings, Inc. compare 0.3×
TRMD TORM PLC compare 0.4×
GLNG Golar LNG Limited compare 1.2×
CMBT CMB.TECH nv 1.7×
SOBO South Bow Corporation compare 2.2×
HESM Hess Midstream Partners LP compare 8.9×
Oil & Gas Midstream industry median 0.8×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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