Cmb.tech NV income statement CMBT
In fiscal 2024, which ended Dec 31, 2024, Cmb.tech NV reported revenue of $682.7 million, down 36.5% from the year before. Net income was $870.8 million, a profit margin of 127.6%. Operating income came to $1.0 billion, an operating margin of 146.8%. Diluted earnings per share were $4.44. Across the 8 fiscal years shown, revenue grew from $513.4 million in fiscal 2017 to $682.7 million in fiscal 2024, about 4.2% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
|---|---|---|---|---|---|---|---|---|
| Revenue |
683
-36.5%
|
1,074
+45.7%
|
737
+111.6%
|
348
-71.2%
|
1,210
+32.3%
|
915
+52.4%
|
600
+16.9%
|
513
|
| Research and development |
10
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Selling, general and administrative |
78
+24.4%
|
63
+20.9%
|
52
+59.5%
|
32
-13.2%
|
37
-12.2%
|
43
-35.8%
|
66
+41.3%
|
47
|
| Operating income |
1,002
+3.4%
|
970
+229.5%
|
294
+204.5%
|
-282
-152.7%
|
534
+173.2%
|
196
+362.3%
|
-75
-656.3%
|
13
|
| Pretax income |
873
+1.0%
|
864
+319.3%
|
206
+160.7%
|
-339
-171.4%
|
475
+321.1%
|
113
+202.7%
|
-110
-439428.0%
|
0
|
| Equity in earnings of affiliates |
1
+199.2%
|
-1
-105.3%
|
18
-23.2%
|
23
+110.5%
|
11
-33.7%
|
16
+2.4%
|
16
-46.6%
|
30
|
| Income tax |
2
-68.5%
|
6
+114.3%
|
3
+756.7%
|
-0
-122.0%
|
2
+222.9%
|
1
+152.9%
|
0
+117.5%
|
-1
|
| Net income |
871
+1.5%
|
858
+322.2%
|
203
+160.0%
|
-339
-171.6%
|
473
+321.7%
|
112
+202.0%
|
-110
-8058.8%
|
1
|
| Basic EPS |
4.44
+4.5%
|
4.25
+320.8%
|
1.01
+160.1%
|
-1.68
-174.7%
|
2.25
+332.7%
|
0.52
+191.2%
|
-0.57
-5800.0%
|
0.01
|
| Diluted EPS |
4.44
+4.5%
|
4.25
+320.8%
|
1.01
+160.1%
|
-1.68
-174.7%
|
2.25
+332.7%
|
0.52
+191.2%
|
-0.57
-5800.0%
|
0.01
|
| Weighted average shares, basic |
196
-2.9%
|
202
+0.1%
|
202
+0.0%
|
202
+0.0%
|
202
-6.6%
|
216
+12.5%
|
192
+21.4%
|
158
|
| Weighted average shares, diluted |
196
-2.9%
|
202
-0.0%
|
202
+0.1%
|
202
-4.0%
|
210
-2.7%
|
216
+12.5%
|
192
+21.3%
|
158
|
| Other measures | ||||||||
| Interest coverage |
5.92x
|
5.64x
|
2.21x
|
-2.95x
|
5.84x
|
1.63x
|
-0.83x
|
0.26x
|
| Margins | ||||||||
| Operating margin |
146.85%
|
90.27%
|
39.91%
|
-80.81%
|
44.15%
|
21.38%
|
-12.43%
|
2.61%
|
| Pretax margin |
127.84%
|
80.43%
|
27.95%
|
-97.35%
|
39.26%
|
12.34%
|
-18.30%
|
0.00%
|
| Profit margin |
127.57%
|
79.87%
|
27.57%
|
-97.23%
|
39.10%
|
12.27%
|
-18.34%
|
0.27%
|
| Effective tax rate |
0.22%
|
0.70%
|
1.36%
|
—
|
0.41%
|
0.53%
|
—
|
-5,432.00%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Deep Sea Foreign Transportation of Freight (SIC 4412)
- Listed as
- CMBT (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Belgium
- Headquarters
- Antwerp, Belgium
- SEC filer status
- Accelerated filer
- SEC CIK
- 1604481
- Former names
- Euronav NV (until Sep 26, 2024)
Other Deep Sea Foreign Transportation of Freight companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.