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

GUESS INC is the larger business by last-quarter revenue ($791.4M vs $592.8M, roughly 1.3× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 3.2%, a 29.0% gap on every dollar of revenue. On growth, GUESS INC posted the faster year-over-year revenue change (7.2% 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.

Guess?, Inc. is an American clothing company, notable for its black-and-white advertisements. It licenses its brand on other fashion accessories, such as watches, jewelry, perfumes, bags and shoes.

CMBT vs GES — Head-to-Head

Bigger by revenue
GES
GES
1.3× larger
GES
$791.4M
$592.8M
CMBT
Growing faster (revenue YoY)
GES
GES
+41.7% gap
GES
7.2%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
29.0% more per $
CMBT
32.3%
3.2%
GES

Income Statement — Q4 FY2024 vs Q3 FY2026

Metric
CMBT
CMBT
GES
GES
Revenue
$592.8M
$791.4M
Net Profit
$191.2M
$25.6M
Gross Margin
42.5%
Operating Margin
46.4%
2.9%
Net Margin
32.3%
3.2%
Revenue YoY
-34.6%
7.2%
Net Profit YoY
-63.3%
209.6%
EPS (diluted)
$1.01
$0.48

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
GES
GES
Q4 25
$791.4M
Q3 25
$772.9M
Q2 25
$647.8M
Q1 25
$932.3M
Q4 24
$592.8M
$738.5M
Q3 24
$732.6M
Q2 24
$591.9M
Q1 24
$891.0M
Net Profit
CMBT
CMBT
GES
GES
Q4 25
$25.6M
Q3 25
$6.2M
Q2 25
$-32.9M
Q1 25
$81.4M
Q4 24
$191.2M
$-23.4M
Q3 24
$-10.6M
Q2 24
$13.0M
Q1 24
$115.3M
Gross Margin
CMBT
CMBT
GES
GES
Q4 25
42.5%
Q3 25
42.5%
Q2 25
39.9%
Q1 25
44.1%
Q4 24
43.6%
Q3 24
43.7%
Q2 24
41.9%
Q1 24
45.4%
Operating Margin
CMBT
CMBT
GES
GES
Q4 25
2.9%
Q3 25
2.3%
Q2 25
-5.1%
Q1 25
11.1%
Q4 24
46.4%
5.7%
Q3 24
6.5%
Q2 24
-3.4%
Q1 24
16.3%
Net Margin
CMBT
CMBT
GES
GES
Q4 25
3.2%
Q3 25
0.8%
Q2 25
-5.1%
Q1 25
8.7%
Q4 24
32.3%
-3.2%
Q3 24
-1.4%
Q2 24
2.2%
Q1 24
12.9%
EPS (diluted)
CMBT
CMBT
GES
GES
Q4 25
$0.48
Q3 25
$0.12
Q2 25
$-0.65
Q1 25
$1.29
Q4 24
$1.01
$-0.47
Q3 24
$-0.28
Q2 24
$0.23
Q1 24
$1.90

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
GES
GES
Cash + ST InvestmentsLiquidity on hand
$38.9M
$154.2M
Total DebtLower is stronger
$2.6B
$299.5M
Stockholders' EquityBook value
$1.2B
$508.5M
Total Assets
$3.9B
$3.0B
Debt / EquityLower = less leverage
2.20×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
GES
GES
Q4 25
$154.2M
Q3 25
$189.6M
Q2 25
$151.2M
Q1 25
$187.7M
Q4 24
$38.9M
$140.9M
Q3 24
$218.9M
Q2 24
$241.7M
Q1 24
$360.3M
Total Debt
CMBT
CMBT
GES
GES
Q4 25
$299.5M
Q3 25
$258.4M
Q2 25
$241.7M
Q1 25
$150.7M
Q4 24
$2.6B
$238.3M
Q3 24
$187.8M
Q2 24
$196.9M
Q1 24
$28.2M
Stockholders' Equity
CMBT
CMBT
GES
GES
Q4 25
$508.5M
Q3 25
$487.6M
Q2 25
$483.6M
Q1 25
$505.0M
Q4 24
$1.2B
$450.7M
Q3 24
$491.2M
Q2 24
$565.5M
Q1 24
$684.9M
Total Assets
CMBT
CMBT
GES
GES
Q4 25
$3.0B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$2.8B
Q4 24
$3.9B
$2.8B
Q3 24
$2.8B
Q2 24
$2.7B
Q1 24
$2.6B
Debt / Equity
CMBT
CMBT
GES
GES
Q4 25
0.59×
Q3 25
0.53×
Q2 25
0.50×
Q1 25
0.30×
Q4 24
2.20×
0.53×
Q3 24
0.38×
Q2 24
0.35×
Q1 24
0.04×

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
GES
GES
Operating Cash FlowLast quarter
$204.4M
$-39.5M
Free Cash FlowOCF − Capex
$-56.3M
FCF MarginFCF / Revenue
-7.1%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
1.07×
-1.54×
TTM Free Cash FlowTrailing 4 quarters
$62.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
GES
GES
Q4 25
$-39.5M
Q3 25
$74.9M
Q2 25
$-73.4M
Q1 25
$183.2M
Q4 24
$204.4M
$-83.3M
Q3 24
$44.7M
Q2 24
$-22.9M
Q1 24
$289.5M
Free Cash Flow
CMBT
CMBT
GES
GES
Q4 25
$-56.3M
Q3 25
$53.4M
Q2 25
$-95.3M
Q1 25
$160.7M
Q4 24
$-105.4M
Q3 24
$24.3M
Q2 24
$-44.0M
Q1 24
$267.8M
FCF Margin
CMBT
CMBT
GES
GES
Q4 25
-7.1%
Q3 25
6.9%
Q2 25
-14.7%
Q1 25
17.2%
Q4 24
-14.3%
Q3 24
3.3%
Q2 24
-7.4%
Q1 24
30.1%
Capex Intensity
CMBT
CMBT
GES
GES
Q4 25
2.1%
Q3 25
2.8%
Q2 25
3.4%
Q1 25
2.4%
Q4 24
3.0%
Q3 24
2.8%
Q2 24
3.6%
Q1 24
2.4%
Cash Conversion
CMBT
CMBT
GES
GES
Q4 25
-1.54×
Q3 25
12.00×
Q2 25
Q1 25
2.25×
Q4 24
1.07×
Q3 24
Q2 24
-1.76×
Q1 24
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

GES
GES

Products$760.3M96%
Royalty$31.1M4%

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