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) Free cash flow margin

Alert me on Free cash flow margin

CMB.TECH nv's free cash flow margin over the twelve months to 30 June 2026 was 0.00%, up 4.1 percentage points from fiscal 2025 (−4.08%). Over the past ten years it has ranged from −86.0% (fiscal 2021) to 104.6% (fiscal 2023); the current reading is higher than 27% of that period. That is below the Oil & Gas Midstream industry median of 14.4% and below the Energy sector median of 6.87%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −4.08% (69.11)
FY2024 65.0% (39.54)
FY2023 104.6% 97.11
FY2022 7.46% 93.46
FY2021 −86.0% (152.16)
FY2020 66.2% 29.58
FY2019 36.6% 70.31
FY2018 −33.7% (57.22)
FY2017 23.5% (19.46)
FY2016 43.0% 19.50

Against its own ten years

Low −86.0% High 104.6%
Ten-year median 23.5%
Current reading's percentile 27

Free cash flow margin against peers

Company Free cash flow margin
STNG Scorpio Tankers Inc. compare 153.5%
HESM Hess Midstream Partners LP compare 56.2%
INSW International Seaways Inc. compare 51.7%
SOBO South Bow Corporation compare 34.1%
DHT DHT Holdings, Inc. compare 25.8%
TRMD TORM PLC compare 15.6%
EE Excelerate Energy, Inc. compare 0.85%
CMBT CMB.TECH nv 0.00%
GLNG Golar LNG Limited compare −96.5%
Oil & Gas Midstream industry median 14.4%
Energy sector median 6.87%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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