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

FactSet is the larger business by last-quarter revenue ($607.6M vs $592.8M, roughly 1.0× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 25.1%, a 7.1% gap on every dollar of revenue. On growth, FactSet posted the faster year-over-year revenue change (6.9% 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.

FactSet Research Systems Inc., trading as FactSet, is an American financial data and software company headquartered in Norwalk, Connecticut, United States. The company provides integrated data and software. For fiscal year 2024, FactSet's total ASV and professional services revenues were $2.2 billion. FactSet's total market value is approximately $17 billion.

CMBT vs FDS — Head-to-Head

Bigger by revenue
FDS
FDS
1.0× larger
FDS
$607.6M
$592.8M
CMBT
Growing faster (revenue YoY)
FDS
FDS
+41.4% gap
FDS
6.9%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
7.1% more per $
CMBT
32.3%
25.1%
FDS

Income Statement — Q4 FY2024 vs Q1 FY2026

Metric
CMBT
CMBT
FDS
FDS
Revenue
$592.8M
$607.6M
Net Profit
$191.2M
$152.6M
Gross Margin
52.6%
Operating Margin
46.4%
31.6%
Net Margin
32.3%
25.1%
Revenue YoY
-34.6%
6.9%
Net Profit YoY
-63.3%
1.7%
EPS (diluted)
$1.01
$4.06

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
FDS
FDS
Q4 25
$607.6M
Q3 25
$596.9M
Q2 25
$585.5M
Q1 25
$570.7M
Q4 24
$592.8M
$568.7M
Q3 24
$562.2M
Q2 24
$552.7M
Q1 24
$545.9M
Net Profit
CMBT
CMBT
FDS
FDS
Q4 25
$152.6M
Q3 25
$153.6M
Q2 25
$148.5M
Q1 25
$144.9M
Q4 24
$191.2M
$150.0M
Q3 24
$89.5M
Q2 24
$158.1M
Q1 24
$140.9M
Gross Margin
CMBT
CMBT
FDS
FDS
Q4 25
52.6%
Q3 25
51.6%
Q2 25
52.1%
Q1 25
52.8%
Q4 24
54.5%
Q3 24
54.1%
Q2 24
55.3%
Q1 24
53.3%
Operating Margin
CMBT
CMBT
FDS
FDS
Q4 25
31.6%
Q3 25
29.7%
Q2 25
33.2%
Q1 25
32.5%
Q4 24
46.4%
33.6%
Q3 24
22.7%
Q2 24
36.6%
Q1 24
33.3%
Net Margin
CMBT
CMBT
FDS
FDS
Q4 25
25.1%
Q3 25
25.7%
Q2 25
25.4%
Q1 25
25.4%
Q4 24
32.3%
26.4%
Q3 24
15.9%
Q2 24
28.6%
Q1 24
25.8%
EPS (diluted)
CMBT
CMBT
FDS
FDS
Q4 25
$4.06
Q3 25
$4.03
Q2 25
$3.87
Q1 25
$3.76
Q4 24
$1.01
$3.89
Q3 24
$2.33
Q2 24
$4.09
Q1 24
$3.65

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
FDS
FDS
Cash + ST InvestmentsLiquidity on hand
$38.9M
$292.7M
Total DebtLower is stronger
$2.6B
$1.4B
Stockholders' EquityBook value
$1.2B
$2.2B
Total Assets
$3.9B
$4.2B
Debt / EquityLower = less leverage
2.20×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
FDS
FDS
Q4 25
$292.7M
Q3 25
$355.1M
Q2 25
$364.0M
Q1 25
$287.0M
Q4 24
$38.9M
$358.8M
Q3 24
$492.6M
Q2 24
$522.0M
Q1 24
$450.2M
Total Debt
CMBT
CMBT
FDS
FDS
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$2.6B
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.5B
Stockholders' Equity
CMBT
CMBT
FDS
FDS
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$1.2B
$2.0B
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$1.8B
Total Assets
CMBT
CMBT
FDS
FDS
Q4 25
$4.2B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$4.2B
Q4 24
$3.9B
$4.0B
Q3 24
$4.1B
Q2 24
$4.0B
Q1 24
$4.0B
Debt / Equity
CMBT
CMBT
FDS
FDS
Q4 25
0.63×
Q3 25
0.63×
Q2 25
0.66×
Q1 25
0.72×
Q4 24
2.20×
0.68×
Q3 24
0.71×
Q2 24
0.76×
Q1 24
0.83×

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
FDS
FDS
Operating Cash FlowLast quarter
$204.4M
$121.3M
Free Cash FlowOCF − Capex
$90.4M
FCF MarginFCF / Revenue
14.9%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
1.07×
0.79×
TTM Free Cash FlowTrailing 4 quarters
$647.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
FDS
FDS
Q4 25
$121.3M
Q3 25
$212.1M
Q2 25
$253.8M
Q1 25
$174.0M
Q4 24
$204.4M
$86.4M
Q3 24
$163.2M
Q2 24
$238.2M
Q1 24
$143.8M
Free Cash Flow
CMBT
CMBT
FDS
FDS
Q4 25
$90.4M
Q3 25
$178.1M
Q2 25
$228.6M
Q1 25
$150.2M
Q4 24
$60.5M
Q3 24
$137.2M
Q2 24
$216.9M
Q1 24
$121.9M
FCF Margin
CMBT
CMBT
FDS
FDS
Q4 25
14.9%
Q3 25
29.8%
Q2 25
39.0%
Q1 25
26.3%
Q4 24
10.6%
Q3 24
24.4%
Q2 24
39.2%
Q1 24
22.3%
Capex Intensity
CMBT
CMBT
FDS
FDS
Q4 25
5.1%
Q3 25
5.7%
Q2 25
4.3%
Q1 25
4.2%
Q4 24
4.5%
Q3 24
4.6%
Q2 24
3.9%
Q1 24
4.0%
Cash Conversion
CMBT
CMBT
FDS
FDS
Q4 25
0.79×
Q3 25
1.38×
Q2 25
1.71×
Q1 25
1.20×
Q4 24
1.07×
0.58×
Q3 24
1.82×
Q2 24
1.51×
Q1 24
1.02×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

FDS
FDS

Americas Segment$399.7M66%
EMEA Segment$149.1M25%
Asia Pacific Segment$62.2M10%

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