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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and CMB.TECH NV (CMBT). Click either name above to swap in a different company.

Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $592.8M, roughly 1.3× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 17.6%, a 14.6% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs -34.6%).

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

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

ATAT vs CMBT — Head-to-Head

Bigger by revenue
ATAT
ATAT
1.3× larger
ATAT
$789.6M
$592.8M
CMBT
Growing faster (revenue YoY)
ATAT
ATAT
+287.1% gap
ATAT
252.5%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
14.6% more per $
CMBT
32.3%
17.6%
ATAT

Income Statement — Q3 FY2025 vs Q4 FY2024

Metric
ATAT
ATAT
CMBT
CMBT
Revenue
$789.6M
$592.8M
Net Profit
$139.1M
$191.2M
Gross Margin
Operating Margin
22.5%
46.4%
Net Margin
17.6%
32.3%
Revenue YoY
252.5%
-34.6%
Net Profit YoY
322.2%
-63.3%
EPS (diluted)
$0.33
$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
ATAT
ATAT
CMBT
CMBT
Q3 25
$789.6M
Q4 24
$592.8M
Q3 24
$224.0M
Q1 24
$203.4M
Q4 23
$905.9M
Q1 23
$106.8M
Net Profit
ATAT
ATAT
CMBT
CMBT
Q3 25
$139.1M
Q4 24
$191.2M
Q3 24
$33.0M
Q1 24
$35.6M
Q4 23
$521.2M
Q1 23
$2.5M
Operating Margin
ATAT
ATAT
CMBT
CMBT
Q3 25
22.5%
Q4 24
46.4%
Q3 24
14.7%
Q1 24
22.1%
Q4 23
63.4%
Q1 23
8.0%
Net Margin
ATAT
ATAT
CMBT
CMBT
Q3 25
17.6%
Q4 24
32.3%
Q3 24
14.7%
Q1 24
17.5%
Q4 23
57.5%
Q1 23
2.3%
EPS (diluted)
ATAT
ATAT
CMBT
CMBT
Q3 25
$0.33
Q4 24
$1.01
Q3 24
$0.08
Q1 24
$0.09
Q4 23
$2.58
Q1 23

Balance Sheet & Financial Strength

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

Metric
ATAT
ATAT
CMBT
CMBT
Cash + ST InvestmentsLiquidity on hand
$669.2M
$38.9M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$405.0M
$1.2B
Total Assets
$1.1B
$3.9B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATAT
ATAT
CMBT
CMBT
Q3 25
$669.2M
Q4 24
$38.9M
Q3 24
$506.0M
Q1 24
$520.7M
Q4 23
$429.4M
Q1 23
$272.5M
Total Debt
ATAT
ATAT
CMBT
CMBT
Q3 25
Q4 24
$2.6B
Q3 24
Q1 24
$277.0K
Q4 23
$930.7M
Q1 23
Stockholders' Equity
ATAT
ATAT
CMBT
CMBT
Q3 25
$405.0M
Q4 24
$1.2B
Q3 24
$291.3M
Q1 24
$323.5M
Q4 23
$2.4B
Q1 23
$185.5M
Total Assets
ATAT
ATAT
CMBT
CMBT
Q3 25
$1.1B
Q4 24
$3.9B
Q3 24
$927.8M
Q1 24
$936.3M
Q4 23
$3.4B
Q1 23
Debt / Equity
ATAT
ATAT
CMBT
CMBT
Q3 25
Q4 24
2.20×
Q3 24
Q1 24
0.00×
Q4 23
0.39×
Q1 23

Cash Flow & Capital Efficiency

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

Metric
ATAT
ATAT
CMBT
CMBT
Operating Cash FlowLast quarter
$216.6M
$204.4M
Free Cash FlowOCF − Capex
$210.7M
FCF MarginFCF / Revenue
26.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.56×
1.07×
TTM Free Cash FlowTrailing 4 quarters
$359.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATAT
ATAT
CMBT
CMBT
Q3 25
$216.6M
Q4 24
$204.4M
Q3 24
$84.8M
Q1 24
$19.8M
Q4 23
$435.8M
Q1 23
$49.9M
Free Cash Flow
ATAT
ATAT
CMBT
CMBT
Q3 25
$210.7M
Q4 24
Q3 24
$83.3M
Q1 24
$18.1M
Q4 23
$65.6M
Q1 23
$47.5M
FCF Margin
ATAT
ATAT
CMBT
CMBT
Q3 25
26.7%
Q4 24
Q3 24
37.2%
Q1 24
8.9%
Q4 23
7.2%
Q1 23
44.5%
Capex Intensity
ATAT
ATAT
CMBT
CMBT
Q3 25
0.8%
Q4 24
Q3 24
0.7%
Q1 24
0.9%
Q4 23
40.9%
Q1 23
2.3%
Cash Conversion
ATAT
ATAT
CMBT
CMBT
Q3 25
1.56×
Q4 24
1.07×
Q3 24
2.57×
Q1 24
0.56×
Q4 23
0.84×
Q1 23
20.23×

Financial Flow Comparison

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

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