vs

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

Designer Brands Inc. is the larger business by last-quarter revenue ($752.4M vs $592.8M, roughly 1.3× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 2.4%, a 29.8% gap on every dollar of revenue. On growth, Designer Brands Inc. posted the faster year-over-year revenue change (-3.2% vs -34.6%).

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

Designer Brands Inc. is an American company that sells designer and name brand shoes and fashion accessories. It owns the Designer Shoe Warehouse (DSW) store chain, and operates over 500 stores in the United States and an e-commerce website.

CMBT vs DBI — Head-to-Head

Bigger by revenue
DBI
DBI
1.3× larger
DBI
$752.4M
$592.8M
CMBT
Growing faster (revenue YoY)
DBI
DBI
+31.4% gap
DBI
-3.2%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
29.8% more per $
CMBT
32.3%
2.4%
DBI

Income Statement — Q4 FY2024 vs Q3 FY2026

Metric
CMBT
CMBT
DBI
DBI
Revenue
$592.8M
$752.4M
Net Profit
$191.2M
$18.2M
Gross Margin
45.1%
Operating Margin
46.4%
5.7%
Net Margin
32.3%
2.4%
Revenue YoY
-34.6%
-3.2%
Net Profit YoY
-63.3%
40.0%
EPS (diluted)
$1.01
$0.35

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
CMBT
CMBT
DBI
DBI
Q4 25
$752.4M
Q3 25
$739.8M
Q2 25
$686.9M
Q1 25
$713.6M
Q4 24
$592.8M
$777.2M
Q3 24
$771.9M
Q2 24
$746.6M
Q1 24
$754.3M
Net Profit
CMBT
CMBT
DBI
DBI
Q4 25
$18.2M
Q3 25
$10.8M
Q2 25
$-17.4M
Q1 25
$-38.2M
Q4 24
$191.2M
$13.0M
Q3 24
$13.8M
Q2 24
$783.0K
Q1 24
$-29.6M
Gross Margin
CMBT
CMBT
DBI
DBI
Q4 25
45.1%
Q3 25
43.7%
Q2 25
43.0%
Q1 25
75.7%
Q4 24
43.0%
Q3 24
44.0%
Q2 24
44.2%
Q1 24
38.8%
Operating Margin
CMBT
CMBT
DBI
DBI
Q4 25
5.7%
Q3 25
3.6%
Q2 25
-1.1%
Q1 25
-3.6%
Q4 24
46.4%
2.9%
Q3 24
3.7%
Q2 24
1.3%
Q1 24
-4.8%
Net Margin
CMBT
CMBT
DBI
DBI
Q4 25
2.4%
Q3 25
1.5%
Q2 25
-2.5%
Q1 25
-5.3%
Q4 24
32.3%
1.7%
Q3 24
1.8%
Q2 24
0.1%
Q1 24
-3.9%
EPS (diluted)
CMBT
CMBT
DBI
DBI
Q4 25
$0.35
Q3 25
$0.22
Q2 25
$-0.36
Q1 25
$-0.69
Q4 24
$1.01
$0.24
Q3 24
$0.24
Q2 24
$0.01
Q1 24
$-899.54

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
DBI
DBI
Cash + ST InvestmentsLiquidity on hand
$38.9M
$51.4M
Total DebtLower is stronger
$2.6B
$463.1M
Stockholders' EquityBook value
$1.2B
$298.6M
Total Assets
$3.9B
$2.1B
Debt / EquityLower = less leverage
2.20×
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
DBI
DBI
Q4 25
$51.4M
Q3 25
$44.9M
Q2 25
$46.0M
Q1 25
$44.8M
Q4 24
$38.9M
$36.2M
Q3 24
$38.8M
Q2 24
$43.4M
Q1 24
$49.2M
Total Debt
CMBT
CMBT
DBI
DBI
Q4 25
$463.1M
Q3 25
$509.6M
Q2 25
$516.2M
Q1 25
$484.3M
Q4 24
$2.6B
$529.6M
Q3 24
$459.0M
Q2 24
$469.3M
Q1 24
$420.3M
Stockholders' Equity
CMBT
CMBT
DBI
DBI
Q4 25
$298.6M
Q3 25
$280.8M
Q2 25
$266.9M
Q1 25
$278.5M
Q4 24
$1.2B
$318.5M
Q3 24
$355.5M
Q2 24
$358.5M
Q1 24
$359.2M
Total Assets
CMBT
CMBT
DBI
DBI
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$3.9B
$2.1B
Q3 24
$2.1B
Q2 24
$2.2B
Q1 24
$2.1B
Debt / Equity
CMBT
CMBT
DBI
DBI
Q4 25
1.55×
Q3 25
1.81×
Q2 25
1.93×
Q1 25
1.74×
Q4 24
2.20×
1.66×
Q3 24
1.29×
Q2 24
1.31×
Q1 24
1.17×

Cash Flow & Capital Efficiency

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

Metric
CMBT
CMBT
DBI
DBI
Operating Cash FlowLast quarter
$204.4M
$66.5M
Free Cash FlowOCF − Capex
$57.5M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.07×
3.65×
TTM Free Cash FlowTrailing 4 quarters
$99.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
DBI
DBI
Q4 25
$66.5M
Q3 25
$21.4M
Q2 25
$-20.4M
Q1 25
$70.1M
Q4 24
$204.4M
$-9.8M
Q3 24
$41.6M
Q2 24
$-19.7M
Q1 24
$-40.1M
Free Cash Flow
CMBT
CMBT
DBI
DBI
Q4 25
$57.5M
Q3 25
$11.9M
Q2 25
$-27.6M
Q1 25
$58.1M
Q4 24
$-19.2M
Q3 24
$28.0M
Q2 24
$-35.6M
Q1 24
$-52.8M
FCF Margin
CMBT
CMBT
DBI
DBI
Q4 25
7.6%
Q3 25
1.6%
Q2 25
-4.0%
Q1 25
8.1%
Q4 24
-2.5%
Q3 24
3.6%
Q2 24
-4.8%
Q1 24
-7.0%
Capex Intensity
CMBT
CMBT
DBI
DBI
Q4 25
1.2%
Q3 25
1.3%
Q2 25
1.1%
Q1 25
1.7%
Q4 24
1.2%
Q3 24
1.8%
Q2 24
2.1%
Q1 24
1.7%
Cash Conversion
CMBT
CMBT
DBI
DBI
Q4 25
3.65×
Q3 25
1.98×
Q2 25
Q1 25
Q4 24
1.07×
-0.75×
Q3 24
3.01×
Q2 24
-25.13×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

DBI
DBI

Womens$280.7M37%
Athletic Footwear$188.6M25%
Wholesale$89.8M12%
Canada Retail Segment$77.3M10%
Mens$76.1M10%
Kids$24.2M3%
Commission Income$10.8M1%
Directto Consumer$1.3M0%

Related Comparisons