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) Gross margin

Alert me on Gross margin

CMB.TECH nv's gross margin over the twelve months to 31 March 2026 was 75.4%, up 17.6 percentage points from fiscal 2025 (57.9%). Over the past ten years it has ranged from 21.5% (fiscal 2021) to 76.9% (fiscal 2023); the current reading is higher than 36% of that period. That is above the Oil & Gas Midstream industry median of 54.9% and above the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 57.9% (18.91)
FY2024 76.8% (0.09)
FY2023 76.9% 17.95
FY2022 58.9% 37.37
FY2021 21.5% (50.17)
FY2020 71.7% 9.00
FY2019 62.7% 20.13
FY2018 42.6% (13.52)
FY2017 56.1% (11.89)
FY2016 68.0% (3.10)

Quarterly newest first

Period Gross margin Change (points)
Mar 2026 71.0% 8.21
Mar 2025 62.8% (23.82)
Mar 2024 86.6% 11.63
Mar 2023 75.0% 41.10
11 more quarters

Against its own ten years

Low 21.5% High 76.9%
Ten-year median 62.7%
Current reading's percentile 36

Gross margin against peers

Company Gross margin
HESM Hess Midstream Partners LP compare 100.0%
TRMD TORM PLC compare 85.1%
CMBT CMB.TECH nv 75.4%
DHT DHT Holdings, Inc. compare 74.2%
STNG Scorpio Tankers Inc. compare 73.9%
GLNG Golar LNG Limited compare 65.5%
SOBO South Bow Corporation compare 49.5%
EE Excelerate Energy, Inc. compare 0.00%
INSW International Seaways Inc. compare 0.00%
Oil & Gas Midstream industry median 54.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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