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

Equity Residential is the larger business by last-quarter revenue ($781.9M vs $592.8M, roughly 1.3× CMB.TECH NV). Equity Residential runs the higher net margin — 48.9% vs 32.3%, a 16.6% gap on every dollar of revenue. On growth, Equity Residential posted the faster year-over-year revenue change (2.0% 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.

Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.

CMBT vs EQR — Head-to-Head

Bigger by revenue
EQR
EQR
1.3× larger
EQR
$781.9M
$592.8M
CMBT
Growing faster (revenue YoY)
EQR
EQR
+36.5% gap
EQR
2.0%
-34.6%
CMBT
Higher net margin
EQR
EQR
16.6% more per $
EQR
48.9%
32.3%
CMBT

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
EQR
EQR
Revenue
$592.8M
$781.9M
Net Profit
$191.2M
$382.1M
Gross Margin
Operating Margin
46.4%
50.6%
Net Margin
32.3%
48.9%
Revenue YoY
-34.6%
2.0%
Net Profit YoY
-63.3%
-8.8%
EPS (diluted)
$1.01
$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
CMBT
CMBT
EQR
EQR
Q4 25
$781.9M
Q3 25
$782.4M
Q2 25
$768.8M
Q1 25
$760.8M
Q4 24
$592.8M
$766.8M
Q3 24
$748.3M
Q2 24
$734.2M
Q1 24
$730.8M
Net Profit
CMBT
CMBT
EQR
EQR
Q4 25
$382.1M
Q3 25
$289.1M
Q2 25
$192.4M
Q1 25
$256.6M
Q4 24
$191.2M
$419.1M
Q3 24
$143.4M
Q2 24
$177.5M
Q1 24
$295.8M
Operating Margin
CMBT
CMBT
EQR
EQR
Q4 25
50.6%
Q3 25
38.5%
Q2 25
26.6%
Q1 25
35.7%
Q4 24
46.4%
57.2%
Q3 24
20.1%
Q2 24
25.3%
Q1 24
42.0%
Net Margin
CMBT
CMBT
EQR
EQR
Q4 25
48.9%
Q3 25
36.9%
Q2 25
25.0%
Q1 25
33.7%
Q4 24
32.3%
54.7%
Q3 24
19.2%
Q2 24
24.2%
Q1 24
40.5%
EPS (diluted)
CMBT
CMBT
EQR
EQR
Q4 25
$1.01
Q3 25
$0.76
Q2 25
$0.50
Q1 25
$0.67
Q4 24
$1.01
$1.10
Q3 24
$0.38
Q2 24
$0.47
Q1 24
$0.77

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
EQR
EQR
Cash + ST InvestmentsLiquidity on hand
$38.9M
$55.9M
Total DebtLower is stronger
$2.6B
$8.2B
Stockholders' EquityBook value
$1.2B
$11.0B
Total Assets
$3.9B
$20.7B
Debt / EquityLower = less leverage
2.20×
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
EQR
EQR
Q4 25
$55.9M
Q3 25
$93.1M
Q2 25
$31.3M
Q1 25
$39.8M
Q4 24
$38.9M
$62.3M
Q3 24
$28.6M
Q2 24
$38.3M
Q1 24
$44.5M
Total Debt
CMBT
CMBT
EQR
EQR
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
$8.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CMBT
CMBT
EQR
EQR
Q4 25
$11.0B
Q3 25
$11.1B
Q2 25
$11.0B
Q1 25
$11.0B
Q4 24
$1.2B
$11.0B
Q3 24
$10.9B
Q2 24
$11.0B
Q1 24
$11.1B
Total Assets
CMBT
CMBT
EQR
EQR
Q4 25
$20.7B
Q3 25
$21.1B
Q2 25
$21.0B
Q1 25
$20.6B
Q4 24
$3.9B
$20.8B
Q3 24
$20.9B
Q2 24
$19.8B
Q1 24
$19.9B
Debt / Equity
CMBT
CMBT
EQR
EQR
Q4 25
0.75×
Q3 25
Q2 25
Q1 25
Q4 24
2.20×
0.74×
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
CMBT
CMBT
EQR
EQR
Operating Cash FlowLast quarter
$204.4M
$387.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
EQR
EQR
Q4 25
$387.0M
Q3 25
$476.7M
Q2 25
$359.5M
Q1 25
$425.5M
Q4 24
$204.4M
$354.2M
Q3 24
$401.4M
Q2 24
$396.9M
Q1 24
$421.0M
Cash Conversion
CMBT
CMBT
EQR
EQR
Q4 25
1.01×
Q3 25
1.65×
Q2 25
1.87×
Q1 25
1.66×
Q4 24
1.07×
0.85×
Q3 24
2.80×
Q2 24
2.24×
Q1 24
1.42×

Financial Flow Comparison

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

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