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) Operating margin

Alert me on Operating margin

CMB.TECH nv's operating margin over the twelve months to 31 March 2026 was 59.2%, up 29.7 percentage points from fiscal 2025 (29.5%). Over the past ten years it has ranged from −63.3% (fiscal 2021) to 61.7% (fiscal 2024); the current reading is higher than 55% of that period. That is above the Oil & Gas Midstream industry median of 34.7% and above the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 29.5% (32.15)
FY2024 61.7% 2.19
FY2023 59.5% 29.00
FY2022 30.5% 93.72
FY2021 −63.3% (106.24)
FY2020 43.0% 22.55
FY2019 20.4% 32.38
FY2018 −12.0% (14.37)
FY2017 2.42% (25.65)
FY2016 28.1% (12.52)

Quarterly newest first

Period Operating margin Change (points)
Mar 2026 54.5% 18.85
Mar 2025 35.6% (42.19)
Mar 2024 77.8% 22.64
Mar 2023 55.2% 69.76
11 more quarters

Against its own ten years

Low −63.3% High 61.7%
Ten-year median 29.5%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
STNG Scorpio Tankers Inc. compare 82.2%
DHT DHT Holdings, Inc. compare 67.3%
HESM Hess Midstream Partners LP compare 62.7%
CMBT CMB.TECH nv 59.2%
GLNG Golar LNG Limited compare 50.5%
SOBO South Bow Corporation compare 42.8%
TRMD TORM PLC compare 39.1%
EE Excelerate Energy, Inc. compare 23.8%
INSW International Seaways Inc. compare 0.00%
Oil & Gas Midstream industry median 34.7%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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