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Side-by-side financial comparison of CMB.TECH NV (CMBT) and FULTON FINANCIAL CORP (FULT). Click either name above to swap in a different company.
CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $336.2M, roughly 1.8× FULTON FINANCIAL CORP). CMB.TECH NV runs the higher net margin — 32.3% vs 28.2%, a 4.1% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% 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.
Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.
CMBT vs FULT — Head-to-Head
Income Statement — Q4 FY2024 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $592.8M | $336.2M |
| Net Profit | $191.2M | $94.8M |
| Gross Margin | — | — |
| Operating Margin | 46.4% | — |
| Net Margin | 32.3% | 28.2% |
| Revenue YoY | -34.6% | 4.2% |
| Net Profit YoY | -63.3% | 1.9% |
| EPS (diluted) | $1.01 | $0.55 |
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.
| Q1 26 | — | $336.2M | ||
| Q4 25 | — | $336.0M | ||
| Q3 25 | — | $334.6M | ||
| Q2 25 | — | $324.1M | ||
| Q1 25 | — | $318.4M | ||
| Q4 24 | $592.8M | $319.6M | ||
| Q3 24 | — | $317.7M | ||
| Q2 24 | — | $334.7M |
| Q1 26 | — | $94.8M | ||
| Q4 25 | — | $99.0M | ||
| Q3 25 | — | $100.5M | ||
| Q2 25 | — | $99.2M | ||
| Q1 25 | — | $93.0M | ||
| Q4 24 | $191.2M | $68.6M | ||
| Q3 24 | — | $63.2M | ||
| Q2 24 | — | $95.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 38.2% | ||
| Q2 25 | — | 37.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | 46.4% | 27.0% | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | — | 30.8% |
| Q1 26 | — | 28.2% | ||
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 30.0% | ||
| Q2 25 | — | 30.6% | ||
| Q1 25 | — | 29.2% | ||
| Q4 24 | 32.3% | 21.5% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 28.4% |
| Q1 26 | — | $0.55 | ||
| Q4 25 | — | $0.53 | ||
| Q3 25 | — | $0.53 | ||
| Q2 25 | — | $0.53 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | $1.01 | $0.36 | ||
| Q3 24 | — | $0.33 | ||
| Q2 24 | — | $0.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $38.9M | — |
| Total DebtLower is stronger | $2.6B | — |
| Stockholders' EquityBook value | $1.2B | $3.5B |
| Total Assets | $3.9B | $32.2B |
| Debt / EquityLower = less leverage | 2.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $38.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | $1.2B | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B |
| Q1 26 | — | $32.2B | ||
| Q4 25 | — | $32.1B | ||
| Q3 25 | — | $32.0B | ||
| Q2 25 | — | $32.0B | ||
| Q1 25 | — | $32.1B | ||
| Q4 24 | $3.9B | $32.1B | ||
| Q3 24 | — | $32.2B | ||
| Q2 24 | — | $31.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.20× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $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.
| Q1 26 | — | — | ||
| Q4 25 | — | $304.5M | ||
| Q3 25 | — | $116.1M | ||
| Q2 25 | — | $91.7M | ||
| Q1 25 | — | $703.0K | ||
| Q4 24 | $204.4M | $416.6M | ||
| Q3 24 | — | $-22.0M | ||
| Q2 24 | — | $157.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.08× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 1.07× | 6.07× | ||
| Q3 24 | — | -0.35× | ||
| Q2 24 | — | 1.66× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
