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Side-by-side financial comparison of B&G Foods, Inc. (BGS) 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 $439.3M, roughly 1.3× B&G Foods, Inc.). CMB.TECH NV runs the higher net margin — 32.3% vs -4.4%, a 36.6% gap on every dollar of revenue. On growth, B&G Foods, Inc. posted the faster year-over-year revenue change (-4.7% vs -34.6%).

B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.

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

BGS vs CMBT — Head-to-Head

Bigger by revenue
CMBT
CMBT
1.3× larger
CMBT
$592.8M
$439.3M
BGS
Growing faster (revenue YoY)
BGS
BGS
+29.8% gap
BGS
-4.7%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
36.6% more per $
CMBT
32.3%
-4.4%
BGS

Income Statement — Q3 FY2025 vs Q4 FY2024

Metric
BGS
BGS
CMBT
CMBT
Revenue
$439.3M
$592.8M
Net Profit
$-19.1M
$191.2M
Gross Margin
22.5%
Operating Margin
2.5%
46.4%
Net Margin
-4.4%
32.3%
Revenue YoY
-4.7%
-34.6%
Net Profit YoY
-356.5%
-63.3%
EPS (diluted)
$-0.24
$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
BGS
BGS
CMBT
CMBT
Q3 25
$439.3M
Q2 25
$424.4M
Q1 25
$425.4M
Q4 24
$551.6M
$592.8M
Q3 24
$461.1M
Q2 24
$444.6M
Q1 24
$475.2M
Q4 23
$578.1M
$905.9M
Net Profit
BGS
BGS
CMBT
CMBT
Q3 25
$-19.1M
Q2 25
$-9.8M
Q1 25
$835.0K
Q4 24
$-222.4M
$191.2M
Q3 24
$7.5M
Q2 24
$3.9M
Q1 24
$-40.2M
Q4 23
$2.6M
$521.2M
Gross Margin
BGS
BGS
CMBT
CMBT
Q3 25
22.5%
Q2 25
20.5%
Q1 25
21.2%
Q4 24
21.5%
Q3 24
22.2%
Q2 24
20.7%
Q1 24
22.9%
Q4 23
21.7%
Operating Margin
BGS
BGS
CMBT
CMBT
Q3 25
2.5%
Q2 25
5.2%
Q1 25
8.4%
Q4 24
-46.6%
46.4%
Q3 24
11.1%
Q2 24
9.9%
Q1 24
-3.3%
Q4 23
7.2%
63.4%
Net Margin
BGS
BGS
CMBT
CMBT
Q3 25
-4.4%
Q2 25
-2.3%
Q1 25
0.2%
Q4 24
-40.3%
32.3%
Q3 24
1.6%
Q2 24
0.9%
Q1 24
-8.5%
Q4 23
0.4%
57.5%
EPS (diluted)
BGS
BGS
CMBT
CMBT
Q3 25
$-0.24
Q2 25
$-0.12
Q1 25
$0.01
Q4 24
$-2.81
$1.01
Q3 24
$0.09
Q2 24
$0.05
Q1 24
$-0.51
Q4 23
$0.02
$2.58

Balance Sheet & Financial Strength

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

Metric
BGS
BGS
CMBT
CMBT
Cash + ST InvestmentsLiquidity on hand
$60.9M
$38.9M
Total DebtLower is stronger
$2.0B
$2.6B
Stockholders' EquityBook value
$470.7M
$1.2B
Total Assets
$2.9B
$3.9B
Debt / EquityLower = less leverage
4.30×
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGS
BGS
CMBT
CMBT
Q3 25
$60.9M
Q2 25
$54.1M
Q1 25
$61.2M
Q4 24
$50.6M
$38.9M
Q3 24
$54.7M
Q2 24
$40.3M
Q1 24
$42.5M
Q4 23
$41.1M
$429.4M
Total Debt
BGS
BGS
CMBT
CMBT
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
$2.6B
Q3 24
$2.1B
Q2 24
$2.0B
Q1 24
$2.0B
Q4 23
$2.0B
$930.7M
Stockholders' Equity
BGS
BGS
CMBT
CMBT
Q3 25
$470.7M
Q2 25
$501.4M
Q1 25
$513.1M
Q4 24
$524.8M
$1.2B
Q3 24
$755.3M
Q2 24
$765.0M
Q1 24
$781.2M
Q4 23
$835.5M
$2.4B
Total Assets
BGS
BGS
CMBT
CMBT
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$3.0B
Q4 24
$3.0B
$3.9B
Q3 24
$3.4B
Q2 24
$3.4B
Q1 24
$3.4B
Q4 23
$3.5B
$3.4B
Debt / Equity
BGS
BGS
CMBT
CMBT
Q3 25
4.30×
Q2 25
3.97×
Q1 25
3.91×
Q4 24
3.85×
2.20×
Q3 24
2.75×
Q2 24
2.67×
Q1 24
2.61×
Q4 23
2.45×
0.39×

Cash Flow & Capital Efficiency

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

Metric
BGS
BGS
CMBT
CMBT
Operating Cash FlowLast quarter
$-64.6M
$204.4M
Free Cash FlowOCF − Capex
$-70.7M
FCF MarginFCF / Revenue
-16.1%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters
$54.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGS
BGS
CMBT
CMBT
Q3 25
$-64.6M
Q2 25
$17.8M
Q1 25
$52.7M
Q4 24
$80.3M
$204.4M
Q3 24
$4.2M
Q2 24
$11.3M
Q1 24
$35.1M
Q4 23
$92.1M
$435.8M
Free Cash Flow
BGS
BGS
CMBT
CMBT
Q3 25
$-70.7M
Q2 25
$11.5M
Q1 25
$42.4M
Q4 24
$71.7M
Q3 24
$-679.0K
Q2 24
$5.2M
Q1 24
$27.5M
Q4 23
$83.3M
$65.6M
FCF Margin
BGS
BGS
CMBT
CMBT
Q3 25
-16.1%
Q2 25
2.7%
Q1 25
10.0%
Q4 24
13.0%
Q3 24
-0.1%
Q2 24
1.2%
Q1 24
5.8%
Q4 23
14.4%
7.2%
Capex Intensity
BGS
BGS
CMBT
CMBT
Q3 25
1.4%
Q2 25
1.5%
Q1 25
2.4%
Q4 24
1.6%
Q3 24
1.0%
Q2 24
1.4%
Q1 24
1.6%
Q4 23
1.5%
40.9%
Cash Conversion
BGS
BGS
CMBT
CMBT
Q3 25
Q2 25
Q1 25
63.17×
Q4 24
1.07×
Q3 24
0.56×
Q2 24
2.87×
Q1 24
Q4 23
35.76×
0.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGS
BGS

Specialty Segment$150.5M34%
Meals Segment$110.0M25%
Spices And Flavor Solutions Segment$101.4M23%
Frozen And Vegetables Segment$77.4M18%

CMBT
CMBT

Segment breakdown not available.

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