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Side-by-side financial comparison of AdvanSix Inc. (ASIX) and CMB.TECH NV (CMBT). Click either name above to swap in a different company.

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $359.9M, roughly 1.6× AdvanSix Inc.). CMB.TECH NV runs the higher net margin — 32.3% vs -0.8%, a 33.0% gap on every dollar of revenue. On growth, AdvanSix Inc. posted the faster year-over-year revenue change (9.4% vs -34.6%).

AdvanSix Inc. is an American chemical company that produces nylon 6 and related chemicals such as caprolactam and ammonium sulfate fertilizers. It operated as Honeywell's Resins and Chemicals division until 2016, when it was spun off as a separate company. The unit accounted for 3 percent of Honeywell's sales at the time. For 2019, revenue is estimated at $1.4 billion. The company traces its lineage to the H. W. Jayne Company, established 1884 in Frankford, Pennsylvania.

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

ASIX vs CMBT — Head-to-Head

Bigger by revenue
CMBT
CMBT
1.6× larger
CMBT
$592.8M
$359.9M
ASIX
Growing faster (revenue YoY)
ASIX
ASIX
+44.0% gap
ASIX
9.4%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
33.0% more per $
CMBT
32.3%
-0.8%
ASIX

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
ASIX
ASIX
CMBT
CMBT
Revenue
$359.9M
$592.8M
Net Profit
$-2.8M
$191.2M
Gross Margin
7.6%
Operating Margin
-0.7%
46.4%
Net Margin
-0.8%
32.3%
Revenue YoY
9.4%
-34.6%
Net Profit YoY
-892.9%
-63.3%
EPS (diluted)
$-0.11
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASIX
ASIX
CMBT
CMBT
Q4 25
$359.9M
Q3 25
$374.5M
Q2 25
$410.0M
Q1 25
$377.8M
Q4 24
$329.1M
$592.8M
Q3 24
$398.2M
Q2 24
$453.5M
Q1 24
$336.8M
Net Profit
ASIX
ASIX
CMBT
CMBT
Q4 25
$-2.8M
Q3 25
$-2.6M
Q2 25
$31.4M
Q1 25
$23.3M
Q4 24
$352.0K
$191.2M
Q3 24
$22.3M
Q2 24
$38.9M
Q1 24
$-17.4M
Gross Margin
ASIX
ASIX
CMBT
CMBT
Q4 25
7.6%
Q3 25
6.8%
Q2 25
14.3%
Q1 25
14.2%
Q4 24
3.4%
Q3 24
14.4%
Q2 24
17.9%
Q1 24
0.9%
Operating Margin
ASIX
ASIX
CMBT
CMBT
Q4 25
-0.7%
Q3 25
-0.9%
Q2 25
7.7%
Q1 25
7.7%
Q4 24
-3.9%
46.4%
Q3 24
7.5%
Q2 24
11.5%
Q1 24
-7.0%
Net Margin
ASIX
ASIX
CMBT
CMBT
Q4 25
-0.8%
Q3 25
-0.7%
Q2 25
7.7%
Q1 25
6.2%
Q4 24
0.1%
32.3%
Q3 24
5.6%
Q2 24
8.6%
Q1 24
-5.2%
EPS (diluted)
ASIX
ASIX
CMBT
CMBT
Q4 25
$-0.11
Q3 25
$-0.10
Q2 25
$1.15
Q1 25
$0.86
Q4 24
$0.02
$1.01
Q3 24
$0.82
Q2 24
$1.43
Q1 24
$-0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASIX
ASIX
CMBT
CMBT
Cash + ST InvestmentsLiquidity on hand
$19.8M
$38.9M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$815.2M
$1.2B
Total Assets
$1.7B
$3.9B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIX
ASIX
CMBT
CMBT
Q4 25
$19.8M
Q3 25
$23.7M
Q2 25
$18.4M
Q1 25
$8.3M
Q4 24
$19.6M
$38.9M
Q3 24
$17.3M
Q2 24
$12.1M
Q1 24
$20.6M
Total Debt
ASIX
ASIX
CMBT
CMBT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ASIX
ASIX
CMBT
CMBT
Q4 25
$815.2M
Q3 25
$818.2M
Q2 25
$823.7M
Q1 25
$794.4M
Q4 24
$774.6M
$1.2B
Q3 24
$766.4M
Q2 24
$746.6M
Q1 24
$713.2M
Total Assets
ASIX
ASIX
CMBT
CMBT
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
$3.9B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
ASIX
ASIX
CMBT
CMBT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.20×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASIX
ASIX
CMBT
CMBT
Operating Cash FlowLast quarter
$63.7M
$204.4M
Free Cash FlowOCF − Capex
$36.1M
FCF MarginFCF / Revenue
10.0%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters
$6.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIX
ASIX
CMBT
CMBT
Q4 25
$63.7M
Q3 25
$26.6M
Q2 25
$21.1M
Q1 25
$11.4M
Q4 24
$64.2M
$204.4M
Q3 24
$57.3M
Q2 24
$50.2M
Q1 24
$-36.2M
Free Cash Flow
ASIX
ASIX
CMBT
CMBT
Q4 25
$36.1M
Q3 25
$66.0K
Q2 25
$-7.2M
Q1 25
$-22.6M
Q4 24
$29.8M
Q3 24
$26.8M
Q2 24
$16.7M
Q1 24
$-71.6M
FCF Margin
ASIX
ASIX
CMBT
CMBT
Q4 25
10.0%
Q3 25
0.0%
Q2 25
-1.7%
Q1 25
-6.0%
Q4 24
9.1%
Q3 24
6.7%
Q2 24
3.7%
Q1 24
-21.3%
Capex Intensity
ASIX
ASIX
CMBT
CMBT
Q4 25
7.7%
Q3 25
7.1%
Q2 25
6.9%
Q1 25
9.0%
Q4 24
10.4%
Q3 24
7.7%
Q2 24
7.4%
Q1 24
10.5%
Cash Conversion
ASIX
ASIX
CMBT
CMBT
Q4 25
Q3 25
Q2 25
0.67×
Q1 25
0.49×
Q4 24
182.29×
1.07×
Q3 24
2.57×
Q2 24
1.29×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASIX
ASIX

Plant Nutrients$140.0M39%
Chemical Intermediates$92.8M26%
Caprolactam$64.4M18%
Nylon Resins$62.8M17%

CMBT
CMBT

Segment breakdown not available.

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