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Stocks · Industrials · Deep Sea Foreign Transportation of Freight

CMB.TECH NV

CMBT Clue Score62
Belgium Fiscal year ends December CIK 0001604481
$20.92 +1.55% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $20.92 +106.52% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue684.3Operating income208.2Net income204.0EPS, diluted1.29Fiscal year 2017Revenue513.4 −25.0%Operating income13.4Net income1.4 −99.3%EPS, diluted0.01 −99.2%Fiscal year 2018Revenue600.0 +16.9%Operating income−74.6Net income−110.1 −8,061.5%EPS, diluted−0.57 −5,800.0%Fiscal year 2019Revenue914.7 +52.4%Operating income195.6Net income112.2EPS, diluted0.52Fiscal year 2020Revenue1,210.3 +32.3%Operating income534.3Net income473.2 +321.7%EPS, diluted2.25 +332.7%Fiscal year 2021Revenue419.8 −65.3%Operating income−281.6Net income−338.8 −171.6%EPS, diluted−1.68 −174.7%Fiscal year 2022Revenue854.7 +103.6%Operating income294.3Net income203.3EPS, diluted1.01Fiscal year 2023Revenue1,235.1 +44.5%Operating income969.7Net income858.0 +322.2%EPS, diluted4.25 +320.8%Fiscal year 2024Revenue940.2 −23.9%Operating income1,002.5Net income870.8 +1.5%EPS, diluted4.44 +4.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue 684.3 513.4 600.0 914.7 1,210.3 419.8 854.7 1,235.1 940.2
Growth −25.0% +16.9% +52.4% +32.3% −65.3% +103.6% +44.5% −23.9%
Operating income 208.2 13.4 −74.6 195.6 534.3 −281.6 294.3 969.7 1,002.5
Net income 204.0 1.4 −110.1 112.2 473.2 −338.8 203.3 858.0 870.8
Growth −99.3% −8,061.5% +321.7% −171.6% +322.2% +1.5%
EPS, diluted 1.29 0.01 −0.57 0.52 2.25 −1.68 1.01 4.25 4.44
Growth −99.2% −5,800.0% +332.7% −174.7% +320.8% +4.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin30.4%Net margin29.8%Fiscal year 2017Operating margin2.6%Net margin0.3%Fiscal year 2018Operating margin−12.4%Net margin−18.3%Fiscal year 2019Operating margin21.4%Net margin12.3%Free cash flow margin25.3%Fiscal year 2020Operating margin44.1%Net margin39.1%Fiscal year 2021Operating margin−67.1%Net margin−80.7%Fiscal year 2022Operating margin34.4%Net margin23.8%Fiscal year 2023Operating margin78.5%Net margin69.5%Fiscal year 2024Operating margin106.6%Net margin92.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating margin 30.4% 2.6% −12.4% 21.4% 44.1% −67.1% 34.4% 78.5% 106.6%
Net margin 29.8% 0.3% −18.3% 12.3% 39.1% −80.7% 23.8% 69.5% 92.6%
Free cash flow margin n/a n/a n/a 25.3% n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow438.2Dividends paid−216.8Fiscal year 2017Operating cash flow211.3Dividends paid−44.1Fiscal year 2018Operating cash flow0.8Dividends paid−22.6Fiscal year 2019Operating cash flow272.0Capital expenditure−40.6Free cash flow231.4Dividends paid−26.0Fiscal year 2020Operating cash flow969.8Dividends paid−352.0Fiscal year 2021Operating cash flow−25.3Dividends paid−24.2Fiscal year 2022Operating cash flow255.6Dividends paid−24.2Fiscal year 2023Operating cash flow837.4Dividends paid−630.5Fiscal year 2024Operating cash flow459.1Dividends paid−1,126.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 438.2 211.3 0.8 272.0 969.8 −25.3 255.6 837.4 459.1
Capital expenditure n/a n/a n/a −40.6 n/a n/a n/a n/a n/a
Free cash flow n/a n/a n/a 231.4 n/a n/a n/a n/a n/a
Growth
Dividends paid −216.8 −44.1 −22.6 −26.0 −352.0 −24.2 −24.2 −630.5 −1,126.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash206.7Total debt966.4Net cash (debt)−759.8Shareholders’ equity1,888.0Debt to equity0.51Fiscal year 2017Cash143.6Total debt653.7Net cash (debt)−510.1Shareholders’ equity1,846.4Debt to equity0.35Fiscal year 2018Cash173.1Total debt1,421.5Net cash (debt)−1,248.3Shareholders’ equity2,260.5Debt to equity0.63Fiscal year 2019Cash297.0Total debt1,173.9Net cash (debt)−877.0Shareholders’ equity2,311.9Debt to equity0.51Fiscal year 2020Cash161.5Total debt836.3Net cash (debt)−674.8Shareholders’ equity2,311.8Debt to equity0.36Fiscal year 2021Cash152.5Total debt1,175.8Net cash (debt)−1,023.3Shareholders’ equity1,960.6Debt to equity0.60Fiscal year 2022Cash179.9Total debt1,264.2Net cash (debt)−1,084.3Shareholders’ equity2,173.5Debt to equity0.58Fiscal year 2023Cash429.4Total debt362.2Net cash (debt)67.1Shareholders’ equity2,357.4Debt to equity0.15Fiscal year 2024Cash38.9Total debt1,450.9Net cash (debt)−1,412.0Shareholders’ equity1,192.3Debt to equity1.22
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 206.7 143.6 173.1 297.0 161.5 152.5 179.9 429.4 38.9
Total debt 966.4 653.7 1,421.5 1,173.9 836.3 1,175.8 1,264.2 362.2 1,450.9
Net cash (debt) −759.8 −510.1 −1,248.3 −877.0 −674.8 −1,023.3 −1,084.3 67.1 −1,412.0
Shareholders’ equity 1,888.0 1,846.4 2,260.5 2,311.9 2,311.8 1,960.6 2,173.5 2,357.4 1,192.3
Debt to equity 0.51 0.35 0.63 0.51 0.36 0.60 0.58 0.15 1.22

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Revenue and profit
684.3 513.4 600.0 914.7 1,210.3 419.8 854.7 1,235.1 940.2
Growth −25.0% +16.9% +52.4% +32.3% −65.3% +103.6% +44.5% −23.9%
n/a n/a n/a n/a n/a n/a n/a n/a 10.5
44.1 46.9 66.2 42.5 37.3 32.4 51.7 62.5 77.8
208.2 13.4 −74.6 195.6 534.3 −281.6 294.3 969.7 1,002.5
Growth −93.6% −656.3% +173.2% −152.7% +229.5% +3.4%
203.9 0.0 −109.8 112.8 475.2 −339.2 206.1 864.0 872.7
−0.2 −1.4 0.2 0.6 1.9 −0.4 2.8 6.0 1.9
204.0 1.4 −110.1 112.2 473.2 −338.8 203.3 858.0 870.8
Growth −99.3% −8,061.5% +321.7% −171.6% +322.2% +1.5%
Per share
1.29 0.01 −0.57 0.52 2.25 −1.68 1.01 4.25 4.44
1.29 0.01 −0.57 0.52 2.25 −1.68 1.01 4.25 4.44
Growth −99.2% −5,800.0% +332.7% −174.7% +320.8% +4.5%
158.3 158.2 192.0 216.0 201.7 201.7 201.7 201.9 196.0
158.4 158.3 192.0 216.0 210.2 201.8 202.0 201.9 196.0
Growth −0.1% +21.3% +12.5% −2.7% −4.0% +0.1% −0.0% −2.9%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 0.6% a year over five years, and earnings per share grew 53.6% a year.
  • The diluted share count fell 9.3% in five years, so buybacks did some of the work per share.
  • Operating margin is up 85.2 points on five years ago, at 106.6%.
  • A net loss in 2 of 9 years on file.