Cmb.Tech N.V. logo CMBT - Cmb.Tech N.V.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 0
HOLD 3
SELL 0
STRONG
SELL
0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3
Revenue
Revenue 513.2 589.0 454.2 387.8 235.0 226.0 221.8 250.7 239.0 278.0 270.5 348.9 343.4 386.2 217.6 146.4 112.8 116.8 97.4
Cost of Revenue 336.3 374.9 229.6 307.3 163.0 141.0 133.4 140.9 127.1 150.1 144.0 155.4 149.5 170.2 166.3 145.6 136.9 173.4 173.0
Gross Profit 176.9 214.0 224.7 80.5 72.0 85.0 88.5 109.8 111.8 127.9 126.5 193.5 193.9 216.0 51.3 0.8 (24.1) (56.6) (75.6)
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 27.4 49.3 35.5 33.5 22.8 22.7 17.6 17.9 17.6 22.6 13.4 10.2 16.7 14.3 14.5 12.3 10.5 7.9 14.1
Other Expenses 0 0.7 59.9 (13.0) (53.6) (75.6) (66.2) (30.6) 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 27.4 50 95.5 20.5 (30.7) (52.9) (48.7) (12.1) 17.6 22.6 13.4 10.2 16.7 14.3 14.5 12.3 10.5 7.9 14.1
Operating Income
Operating Income 149.5 164.0 129.2 60.0 102.8 137.9 137.1 217.5 94.2 105.3 113.1 183.3 177.3 201.8 36.8 (11.5) (34.6) (64.5) (89.6)
Interest Expense 92.7 60.3 156.1 143.0 70.5 53.6 45.3 38.6 30.8 50.5 39.0 46.5 37.2 38.2 22.9 33.6 39.0 24.5 24.5
Interest Income 12.0 0 18.0 20.2 6.2 (2.0) 7.2 8.2 15.3 32.1 12.4 16.8 6.7 13.3 3.2 5.8 5.3 4.5 1.8
Profitability
EBITDA 254.7 270.4 206.8 228.2 164.6 165.1 199.6 265.8 562.2 156.0 214.1 239.0 267.9 345.9 100.0 33.4 47.5 (2.4) 0.7
EBIT 149.5 155.9 89.6 115.4 108.9 121.2 159.3 224.4 522.2 417.6 156.0 209.8 211.0 285.6 42.8 (19.4) (4.4) (87.9) (87.0)
Income Before Tax 365.4 95.5 18.2 (2.9) 38.5 89.4 99.3 186.0 491.6 422.6 118.1 163.6 173.5 247.3 19.9 (14.8) (52.0) (76.8) (109.6)
Income Tax Expense 1.2 6.5 0.9 4.7 (1.9) (3.7) 1.2 4.6 (0.2) 0.9 6.8 1.5 (3.3) 0.8 6.8 (4.9) 0.0 0.8 0.3
Net Income 364.2 89.1 19.9 7.8 44.0 93.1 98.1 183.4 495.2 406.6 114.6 161.8 175.0 246.6 16.0 (4.8) (42.8) (72.2) (104.0)
Per Share Data
EPS (Basic) 1.26 0.31 0.08 0.04 0.23 0.48 0.50 0.94 2.44 2.09 0.55 0.80 0.88 1.22 0.08 -0.02 -0.21 -0.36 -0.52
EPS (Diluted) 1.26 0.31 0.08 0.04 0.23 0.48 0.50 0.94 2.44 2.09 0.55 0.80 0.88 1.22 0.08 -0.02 -0.21 -0.36 -0.52
Shares Outstanding 290.2 290.2 254.6 194.2 194.2 195.2 194.2 194.2 201.5 202.0 201.9 201.9 201.8 201.8 201.8 201.7 201.7 201.7 201.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3
Current Assets
Cash & Cash Equivalents 195.1 146.5 81.9 155.6 162.9 38.9 47.8 343.7 508.4 429.0 160.2 164.5 208.7 180.4 203.8 277.9 168.7 152.5 162.1
Short-Term Investments 8.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 354.9 324.3 336.7 428.9 402.8 192.8 280.6 246.8 305.8 287.9 385.9 412.4 388.1 346.0 309.4 235.1 267.9 214.6 435.8
Inventory 83.0 77.2 94.9 58.5 51.5 26.5 30.1 32.8 30.3 22.5 33.8 43.2 44.6 41.8 68.9 47.8 93.4 69.0 26.6
Other Current Assets 137.9 0 83.7 0 142.0 169.6 172.1 182.7 0 0 0 0 0 0 94.1 0 194.9 0 0
Total Current Assets 779.3 548.0 597.2 643.0 759.1 470.8 530.6 807.2 844.2 739.4 579.9 620.1 640.5 568.2 676.4 589.8 723.8 436.0 624.4
Non-Current Assets
Property, Plant & Equipment 7,262.0 7,091.3 7,362.3 7,304.4 7,068.3 3,269.4 2,931.9 2,738.7 2,713.5 1,768.2 3,372.1 3,378.9 3,376.1 3,317.9 3,312.6 3,397.4 2,978.0 3,177.7 3,201.9
Goodwill 191.2 177.0 177.0 173.0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 14.0 12.7 14.6 16.7 188.3 16.2 16.3 16.7 17.2 14.2 14.6 15.0 15.4 15.7 0 16.6 0 0.2 0
Long-Term Investments 230.7 210.0 116.2 207.9 115.8 61.8 62.0 79.0 78.4 3.4 29.7 31.5 29.7 36.4 42.0 42.5 144.8 128.0 120.7
Other Non-Current Assets 0 364.2 98.1 75.3 90.2 76.7 77.8 82.2 82.0 891.0 1.2 27.4 0.2 40.6 16.2 50.5 0.2 23.2 0.1
Total Non-Current Assets 7,700.7 7,858.0 7,768.2 7,786.0 7,472.1 3,440.8 3,093.6 2,922.2 2,897.0 2,677.1 3,417.9 3,457.7 3,427.0 3,412.0 3,372.2 3,508.5 3,124.5 3,330.7 3,325.0
Total Assets 8,479.9 8,406.0 8,365.4 8,429.0 8,231.2 3,911.6 3,624.2 3,729.5 3,741.1 3,416.5 3,997.7 4,077.8 4,067.4 3,980.2 4,048.6 4,098.3 3,848.3 3,766.7 3,949.4
Current Liabilities
Account Payables 258.7 208.9 193.0 80.2 203.5 22.3 113.8 94.2 211.5 42.0 113.2 155.0 105.1 24.7 128.2 40.8 103.2 26.0 99.0
Short-Term Debt 555.4 842.7 620.7 462.3 471.7 301.4 286.7 509.5 412.3 262.2 202.6 219.9 160.0 134.8 170.4 155.3 256.2 214.2 462.8
Deferred Revenue 0 0 0 70.3 0 27.4 0 0 0 17.4 0 1.6 0 17.6 0 0 0.5 7.5 0.9
Other Current Liabilities 0.0 0 0 0.2 0.2 27.8 0.4 (0.1) 0.9 0.3 0.3 0.3 0.3 0.3 0.3 8.4 (1.8) 0.1 (0.2)
Total Current Liabilities 823.4 1,059.9 822.9 779.6 803.2 392.7 411.7 613.7 633.4 424.4 325.6 389.9 290.0 255.1 329.6 305.6 377.4 320.9 593.4
Non-Current Liabilities
Long-Term Debt 4,698.9 4,720.0 4,989.3 5,077.5 4,800.6 2,317.1 2,106.8 1,887.5 1,163.0 631.7 1,579.0 1,541.5 1,441.0 1,532.8 1,759.0 1,836.4 1,534.3 1,458.2 1,297.1
Deferred Tax Liabilities 0.0 0.5 0 0.5 0.5 0 0.5 0.0 0.1 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 3.2 (2.2) 1.7 2.7 1.6 1.1 1.7 0.2 1.9 1.6 (0.5) 2.0 0.6 7.0 5.0 15.6 1.2 10.7 13.3
Total Non-Current Liabilities 4,706.7 4,721.7 4,994.7 5,084.8 4,805.1 2,326.6 2,110.6 1,889.8 1,168.7 636.6 1,582.6 1,548.4 1,445.9 1,545.6 1,773.6 1,868.0 1,549.3 1,486.2 1,331.1
Total Liabilities 5,530.1 5,781.5 5,817.7 5,867.2 5,608.3 2,719.3 2,522.3 2,503.5 1,802.1 1,061.0 1,908.3 1,938.3 1,735.9 1,800.7 2,103.2 2,173.6 1,926.6 1,807.1 1,924.5
Stockholders' Equity
Common Stock 344.4 343.5 343.4 240.0 239.1 239.1 239.1 239.1 238.9 239.0 238.8 239.1 238.6 239.8 239.2 239.7 237.8 239.0 238.9
Retained Earnings 1,062.6 738.3 662.7 905.8 862.1 777.1 683.9 638.3 505.7 807.3 517.7 564.2 555.2 387.1 151.5 132.3 136.2 180.1 250.5
Accumulated Other Comprehensive Income 5.2 9.6 8.6 9.7 3.1 0.1 2.8 2.3 2.2 1.4 30.0 31.5 26.2 33.1 32.7 21.5 17.6 2.8 (1.6)
Total Stockholders' Equity 2,949.4 2,624.5 2,547.8 1,332.0 1,280.4 1,192.3 1,101.9 1,226.0 1,939.1 2,355.4 2,089.5 2,139.5 2,331.5 2,179.6 1,945.4 1,924.7 1,921.6 1,959.6 2,024.9
Total Liabilities & Equity 8,479.9 8,406.0 8,365.4 8,429.0 8,231.2 3,911.6 3,624.2 3,729.5 3,741.1 3,416.5 3,997.7 4,077.8 4,067.4 3,980.2 4,048.6 4,098.3 3,848.3 3,766.7 3,949.4
Debt Metrics
Total Debt 5,258.8 5,566.1 5,615.6 5,661.6 5,395.8 2,622.3 2,397.7 2,402.0 1,582.0 929.9 1,790.4 1,779.0 1,619.7 1,701.0 1,964.7 2,037.0 1,823.6 1,711.3 1,810.0
Net Debt 5,063.7 5,419.5 5,533.7 5,506.0 5,233.0 2,583.4 2,350.0 2,058.1 1,073.6 500.9 1,630.3 1,614.5 1,411.0 1,520.6 1,760.9 1,759.1 1,655.0 1,558.9 1,647.9
Metric 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3
Operating Activities
Net Income 89.9 20.0 8.1 45.2 90.4 99.4 183.4 492.4 421.7 111.3 162.2 176.8 246.6 16.0 (4.8) (42.8) (72.2) (104.0)
Depreciation & Amortization 115.6 109.5 112.9 57.2 42.6 40.8 41.4 40.0 50.7 58.0 55.7 56.9 60.4 57.2 52.8 51.9 85.5 86.2
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 49.0 26.5 (20.7) (43.5) 28.3 (3.2) (77.7) 91.0 112.3 2.2 (3.2) (3.2) (72.3) (42.6) 63.9 (31.8) (54.1) 39.3
Other Non-Cash Items (38.0) (12.3) (56.6) (22.4) (50.5) (54.3) (106.0) (398.5) (321.3) (25.9) 12.0 (25.4) (63.1) (5.7) (11.8) (20.9) (0.9) 0.5
Operating Cash Flow 216.4 143.6 43.7 36.5 106.9 82.7 41.2 224.8 264.5 145.7 226.7 205.1 172.9 25.0 100.2 (43.6) (41.8) 22.0
Investing Activities
Capital Expenditure (204.7) (277.5) (336.1) (234.1) (417.2) (242.9) (305.5) (139.1) (72.9) (56.7) (77.3) (132.9) (83.1) (28.2) (352.3) (61.7) (62.8) (86.2)
Acquisitions 148.0 142.5 90.0 (1,046.4) 111.9 87.7 233.5 128.8 1,135.4 52.7 (0.3) 40.9 164.9 4.0 177.4 13.3 5.0 0.3
Purchases of Investments 0 0 0 0 (81.0) 0.3 (44.6) 0 0 0 0 0 10.2 (0.2) (9.8) 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0.6 0.7 28.9 2.7 2.2 1.5
Other Investing Activities 9.8 (0.4) (0.5) 0.1 3.1 (0.5) 0.3 0.4 0.4 0.4 0.4 0.5 (9.9) 0.5 0.5 0.5 (1.7) 0.5
Investing Cash Flow (46.6) (135.9) (248.0) (1,280.5) (379.8) (160.2) (116.5) (10.0) 1,063.0 (3.6) (77.2) (91.5) 82.5 (23.6) (171.2) (45.2) (57.4) (83.9)
Financing Activities
Net Debt Issuance 306.9 30.8 197.0 1,380.8 573.3 89.5 717.2 115.4 (998.8) 49.4 159.4 (38.7) (285.2) (44.9) 201.4 117.9 94.2 69.2
Stock Repurchased 0 0 0 0 (0.6) 0.7 (11.7) (114.9) 0 0 0 0 0 0 0 0 0 0
Dividends Paid (15.2) (0.0) (5.3) (0.4) (21.8) (205.8) (879.6) (15.7) (123.3) (159.3) (344.1) (5.8) (6.5) (5.8) (11.6) (0.0) (6.1) (5.9)
Other Financing Activities (390.3) (120.9) (9.1) (1.3) (284.0) (119.6) 86.4 (119.3) 65.3 (31.6) (12.6) (41.1) 9.8 (11.5) (11.7) (11.7) 2.9 (19.7)
Financing Cash Flow (98.6) (90.0) 182.6 1,379.1 266.9 (235.2) (87.8) (134.4) (1,056.8) (143.0) (195.9) (85.6) (281.8) (62.1) 179.1 106.2 91.1 43.5
Cash Position
Net Change in Cash 64.8 (73.8) (7.5) 124.3 (8.8) (296.0) (164.7) 79.4 268.9 (4.3) (44.2) 28.3 (23.3) (74.1) 109.2 16.2 (9.6) (20.6)
Cash at Beginning 81.8 155.6 163.1 38.9 47.7 343.7 508.4 429.0 160.2 164.5 208.7 180.4 203.8 277.9 168.7 152.5 162.1 182.7
Cash at End 146.5 81.8 155.6 163.1 38.9 47.7 343.7 508.4 429.0 160.2 164.5 208.7 180.4 203.8 277.9 168.7 152.5 162.1
Free Cash Flow 11.7 (133.8) (292.4) (197.6) (310.3) (160.2) (264.3) 85.7 191.7 89.0 149.3 72.2 89.8 (3.2) (252.1) (105.3) (104.6) (64.2)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3
Income Statement
Revenue 513.2 589.0 454.2 387.8 235.0 226.0 221.8 250.7 239.0 278.0 270.5 348.9 343.4 386.2 217.6 146.4 112.8 116.8 97.4
Gross Profit 176.9 214.0 224.7 80.5 72.0 85.0 88.5 109.8 111.8 127.9 126.5 193.5 193.9 216.0 51.3 0.8 (24.1) (56.6) (75.6)
Operating Income 149.5 164.0 129.2 60.0 102.8 137.9 137.1 217.5 94.2 105.3 113.1 183.3 177.3 201.8 36.8 (11.5) (34.6) (64.5) (89.6)
Net Income 364.2 89.1 19.9 7.8 44.0 93.1 98.1 183.4 495.2 406.6 114.6 161.8 175.0 246.6 16.0 (4.8) (42.8) (72.2) (104.0)
EPS (Diluted) 1.26 0.31 0.08 0.04 0.23 0.48 0.50 0.94 2.44 2.09 0.55 0.80 0.88 1.22 0.08 -0.02 -0.21 -0.36 -0.52
Balance Sheet
Cash & Equivalents 195.1 146.5 81.9 155.6 162.9 38.9 47.8 343.7 508.4 429.0 160.2 164.5 208.7 180.4 203.8 277.9 168.7 152.5 162.1
Total Assets 8,479.9 8,406.0 8,365.4 8,429.0 8,231.2 3,911.6 3,624.2 3,729.5 3,741.1 3,416.5 3,997.7 4,077.8 4,067.4 3,980.2 4,048.6 4,098.3 3,848.3 3,766.7 3,949.4
Total Debt 5,258.8 5,566.1 5,615.6 5,661.6 5,395.8 2,622.3 2,397.7 2,402.0 1,582.0 929.9 1,790.4 1,779.0 1,619.7 1,701.0 1,964.7 2,037.0 1,823.6 1,711.3 1,810.0
Stockholders' Equity 2,949.4 2,624.5 2,547.8 1,332.0 1,280.4 1,192.3 1,101.9 1,226.0 1,939.1 2,355.4 2,089.5 2,139.5 2,331.5 2,179.6 1,945.4 1,924.7 1,921.6 1,959.6 2,024.9
Cash Flow
Operating Cash Flow 216.4 143.6 43.7 36.5 106.9 82.7 41.2 224.8 264.5 145.7 226.7 205.1 172.9 25.0 100.2 (43.6) (41.8) 22.0
Capital Expenditure (204.7) (277.5) (336.1) (234.1) (417.2) (242.9) (305.5) (139.1) (72.9) (56.7) (77.3) (132.9) (83.1) (28.2) (352.3) (61.7) (62.8) (86.2)
Free Cash Flow 11.7 (133.8) (292.4) (197.6) (310.3) (160.2) (264.3) 85.7 191.7 89.0 149.3 72.2 89.8 (3.2) (252.1) (105.3) (104.6) (64.2)