CMB.TECH (ADR)
Operates shipping fleets and hydrogen- and ammonia-related marine and industrial applications.
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Profile
Operates maritime shipping and hydrogen- and ammonia-related marine and industrial applications, including the Euronav tanker operation and dry-bulk business added through Golden Ocean. Its activities combine vessel operations, applications and fuel supply across businesses reshaped by an acquisition and merger.
Operates a diversified maritime group spanning the Euronav tanker operation, dry-bulk shipping added through Golden Ocean, and CMB.TECH's hydrogen- and ammonia-related marine and industrial applications. It designs, builds, owns and operates those applications, and supplies fuels from its own production or third parties.
Listed on the NYSE and headquartered in Antwerp, the issuer also trades in Brussels and Oslo. Its current structure follows the acquisition of CMB.TECH and the Golden Ocean merger, expanding the fleet across dry bulk, crude oil, chemical, container, offshore-wind and port-vessel categories.
Conventional shipping and low-carbon fuel technologies operate alongside each other. Fuel supply from own production or third parties and operating the combined fleet shape the business.
Company facts
Categories
Key statistics
Year to date +93.9% · Average volume (30d) 881.8K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 27, 2026Q2 FY26 | $0.88 | $1.26 | +44.0% | $574.4M | $690.3M | +20.2% | +3.57% |
| May 19, 2026Q1 FY26 | $0.27 | $1.27 | +378.2% | $422.4M | $517.7M | +22.6% | +3.91% |
| Feb 26, 2026Q4 FY25 | $0.37 | $0.31 | −16.2% | $458.3M | $586.5M | +28.0% | +3.57% |
| Nov 26, 2025Q3 FY25 | $0.40 | $0.07 | −82.5% | $431.7M | $454.2M | +5.2% | +8.00% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $235.0M | $387.8M | $454.2M | $589.0M | $519.6M | $691.4M | |
| Gross profit | $72.0M | $80.5M | $224.7M | $214.0M | $179.1M | $312.7M | |
| Operating income | $102.8M | $60.0M | $129.2M | $164.0M | $171.7M | $282.5M | |
| Net income | $44.0M | $7.8M | $19.9M | $89.1M | $368.8M | $357.9M | |
| Diluted EPS | $0.23 | $0.04 | $0.08 | $0.31 | $1.27 | $1.23 | |
| Gross margin | 30.6% | 20.8% | 49.5% | 36.3% | 34.5% | 45.2% | |
| Operating margin | 43.7% | 15.5% | 28.4% | 27.9% | 33.0% | 40.9% |
Fiscal years (4-quarter sums)FY22 $863.0M · FY23 $1.24B · FY24 $937.6M · FY25 $1.67B
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $159.7M · Total debt $5.45B · Total assets $8.82B · Shareholders' equity $3.12B
Dividends
Last cut to $0.20 from $0.44 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 3, 2026 | Jun 3 | Jun 10 | $0.20 | cut from $0.44 |
| Jun 2, 2026 | Jun 3 | Jun 10 | $0.44 | raised from $0.16 |
| Apr 15, 2026 | Apr 15 | Apr 22 | $0.16 | raised from $0.05 |
| Jan 7, 2026 | Jan 7 | Jan 15 | $0.05 | |
| Oct 2, 2025 | Oct 2 | Oct 9 | $0.05 | cut from $1.15 |
| Jul 9, 2024 | Jul 10 | Jul 18 | $1.15 | cut from $4.57 |
| May 22, 2024 | May 23 | May 31 | $4.57 | raised from $0.57 |
| Dec 12, 2023 | Dec 13 | Dec 20 | $0.57 | cut from $0.80 |
Ownership
Shares outstanding 290.17M · Float 20.40M · 7.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Saverco NV | 178.75M | 61.60% | 13D | Jul 29, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Frontline
Direct VLCC and Suezmax tanker-charter rival
- Star Bulk Carriers
Global dry-bulk shipping rival
- DHT
Focused VLCC tanker-charter rival
- International Seaways
Crude-oil tanker-charter rival
- Hafnia
Oil-product and chemical tanker rival
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CMB.TECH (ADR) | $18.35 | +0.05% | $5.32B | 6.3 | 11.4 | 2.4 | +78.0% |
| Frontline | $44.22 | +0.12% | $9.84B | 6.6 | 9.1 | 3.6 | +56.9% |
| Star Bulk Carriers | $30.48 | +0.03% | $3.40B | 12.0 | 6.8 | 2.8 | +15.0% |
| DHT | $19.77 | +0.56% | $3.17B | 6.7 | 6.9 | 4.4 | +98.7% |
| International Seaways | $100.00 | +1.19% | $4.89B | 6.3 | 10.8 | 3.9 | +121.9% |
| Hafnia | $8.48 | +0.30% | $4.23B | 6.6 | 8.7 | 1.6 | −32.7% |
| Median | 6.6 | 8.7 | 3.6 | +56.9% |