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Cmb.Tech NV

CMBTEnergyNASDAQ

Oil & Gas Midstream · Last scanned Jun 1, 2026

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Financials · Annual
Revenue
$1.67B
+77.2% YoY
Net Income
$160.7M
-81.5% YoY
EBITDA
$916.1M
-22.7% YoY
Free Cash Flow
-$463.7M

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About Cmb.Tech NV

Headquartered within the energy sector, Cmb.Tech NV focuses on Oil & Gas Midstream services and products. Cmb.Tech NV engages in marine transportation business in Belgium. With a market capitalization of $4.49B, it sits in mid-cap territory. It operates through three divisions: Marine, H2 Infra, and H2 Industry.

Key stats
Market Cap$4.49B
P/E (TTM)8.89
Fwd P/E10.30
EPS$1.74
Beta0.12
52W Change+76.2%
Dividend Yield5.82%
ROE16.8%
Analysis

On the balance sheet, CMBT has $202.9M in cash with $5.24B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$463.7M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 16.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $854.7M (2022) to $1.67B (2025), reflecting a 95% increase over the period.

CMBT's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Cmb.Tech NV and its sector.

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