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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and CMB.TECH NV (CMBT). Click either name above to swap in a different company.
BREAD FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($975.0M vs $592.8M, roughly 1.6× CMB.TECH NV). On growth, BREAD FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (5.4% vs -34.6%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.
BFH vs CMBT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2024
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $592.8M |
| Net Profit | — | $191.2M |
| Gross Margin | — | — |
| Operating Margin | 4.9% | 46.4% |
| Net Margin | — | 32.3% |
| Revenue YoY | 5.4% | -34.6% |
| Net Profit YoY | — | -63.3% |
| EPS (diluted) | $1.21 | $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.
| Q4 25 | $975.0M | — | ||
| Q3 25 | $971.0M | — | ||
| Q2 25 | $929.0M | — | ||
| Q1 25 | $970.0M | — | ||
| Q4 24 | $925.0M | $592.8M | ||
| Q3 24 | $983.0M | — | ||
| Q2 24 | $939.0M | — | ||
| Q1 24 | $991.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | $188.0M | — | ||
| Q2 25 | $139.0M | — | ||
| Q1 25 | $138.0M | — | ||
| Q4 24 | — | $191.2M | ||
| Q3 24 | $2.0M | — | ||
| Q2 24 | $133.0M | — | ||
| Q1 24 | $134.0M | — |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 20.2% | — | ||
| Q2 25 | 18.7% | — | ||
| Q1 25 | 20.3% | — | ||
| Q4 24 | -2.9% | 46.4% | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 19.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 14.2% | — | ||
| Q1 24 | 13.5% | — |
| Q4 25 | $1.21 | — | ||
| Q3 25 | $3.96 | — | ||
| Q2 25 | $2.94 | — | ||
| Q1 25 | $2.78 | — | ||
| Q4 24 | $0.08 | $1.01 | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $2.66 | — | ||
| Q1 24 | $2.70 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $38.9M |
| Total DebtLower is stronger | $4.3B | $2.6B |
| Stockholders' EquityBook value | $3.3B | $1.2B |
| Total Assets | $22.7B | $3.9B |
| Debt / EquityLower = less leverage | 1.29× | 2.20× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.8B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.0B | $38.9M | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $4.1B | — | ||
| Q1 24 | $3.8B | — |
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.6B | $2.6B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | $1.2B | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.0B | — |
| Q4 25 | $22.7B | — | ||
| Q3 25 | $21.7B | — | ||
| Q2 25 | $21.8B | — | ||
| Q1 25 | $22.4B | — | ||
| Q4 24 | $22.9B | $3.9B | ||
| Q3 24 | $21.7B | — | ||
| Q2 24 | $22.1B | — | ||
| Q1 24 | $22.3B | — |
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.67× | — | ||
| Q4 24 | 1.82× | 2.20× | ||
| Q3 24 | 1.47× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | $204.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.07× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $568.0M | — | ||
| Q3 25 | $605.0M | — | ||
| Q2 25 | $526.0M | — | ||
| Q1 25 | $393.0M | — | ||
| Q4 24 | $479.0M | $204.4M | ||
| Q3 24 | $456.0M | — | ||
| Q2 24 | $477.0M | — | ||
| Q1 24 | $447.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | 3.22× | — | ||
| Q2 25 | 3.78× | — | ||
| Q1 25 | 2.85× | — | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | 228.00× | — | ||
| Q2 24 | 3.59× | — | ||
| Q1 24 | 3.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
