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Side-by-side financial comparison of CMB.TECH NV (CMBT) and GLOBAL INDUSTRIAL Co (GIC). Click either name above to swap in a different company.
CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $345.6M, roughly 1.7× GLOBAL INDUSTRIAL Co). CMB.TECH NV runs the higher net margin — 32.3% vs 4.2%, a 28.0% gap on every dollar of revenue. On growth, GLOBAL INDUSTRIAL Co posted the faster year-over-year revenue change (14.3% 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.
Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
CMBT vs GIC — Head-to-Head
Income Statement — Q4 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $592.8M | $345.6M |
| Net Profit | $191.2M | $14.6M |
| Gross Margin | — | 34.5% |
| Operating Margin | 46.4% | 5.7% |
| Net Margin | 32.3% | 4.2% |
| Revenue YoY | -34.6% | 14.3% |
| Net Profit YoY | -63.3% | 36.4% |
| EPS (diluted) | $1.01 | $0.37 |
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.
| Q4 25 | — | $345.6M | ||
| Q3 25 | — | $353.6M | ||
| Q2 25 | — | $358.9M | ||
| Q1 25 | — | $321.0M | ||
| Q4 24 | $592.8M | $302.3M | ||
| Q3 24 | — | $342.4M | ||
| Q2 24 | — | $347.8M | ||
| Q1 24 | — | $323.4M |
| Q4 25 | — | $14.6M | ||
| Q3 25 | — | $18.8M | ||
| Q2 25 | — | $25.1M | ||
| Q1 25 | — | $13.6M | ||
| Q4 24 | $191.2M | $10.7M | ||
| Q3 24 | — | $16.8M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $13.2M |
| Q4 25 | — | 34.5% | ||
| Q3 25 | — | 35.6% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 35.2% | ||
| Q1 24 | — | 34.3% |
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | 46.4% | 4.8% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | — | 7.6% | ||
| Q1 24 | — | 5.4% |
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | 32.3% | 3.5% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 4.1% |
| Q4 25 | — | $0.37 | ||
| Q3 25 | — | $0.48 | ||
| Q2 25 | — | $0.65 | ||
| Q1 25 | — | $0.35 | ||
| Q4 24 | $1.01 | $0.28 | ||
| Q3 24 | — | $0.44 | ||
| Q2 24 | — | $0.52 | ||
| Q1 24 | — | $0.34 |
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 | $67.5M |
| Total DebtLower is stronger | $2.6B | — |
| Stockholders' EquityBook value | $1.2B | $313.2M |
| Total Assets | $3.9B | $580.8M |
| Debt / EquityLower = less leverage | 2.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $67.5M | ||
| Q3 25 | — | $67.2M | ||
| Q2 25 | — | $55.1M | ||
| Q1 25 | — | $39.0M | ||
| Q4 24 | $38.9M | $44.6M | ||
| Q3 24 | — | $38.9M | ||
| Q2 24 | — | $38.8M | ||
| Q1 24 | — | $29.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $313.2M | ||
| Q3 25 | — | $316.0M | ||
| Q2 25 | — | $305.2M | ||
| Q1 25 | — | $287.9M | ||
| Q4 24 | $1.2B | $281.1M | ||
| Q3 24 | — | $279.2M | ||
| Q2 24 | — | $270.4M | ||
| Q1 24 | — | $260.2M |
| Q4 25 | — | $580.8M | ||
| Q3 25 | — | $602.5M | ||
| Q2 25 | — | $586.5M | ||
| Q1 25 | — | $536.7M | ||
| Q4 24 | $3.9B | $520.7M | ||
| Q3 24 | — | $531.6M | ||
| Q2 24 | — | $542.5M | ||
| Q1 24 | — | $517.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.20× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $204.4M | $20.0M |
| Free Cash FlowOCF − Capex | — | $19.2M |
| FCF MarginFCF / Revenue | — | 5.6% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | 1.07× | 1.37× |
| TTM Free Cash FlowTrailing 4 quarters | — | $74.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $20.0M | ||
| Q3 25 | — | $22.7M | ||
| Q2 25 | — | $31.7M | ||
| Q1 25 | — | $3.4M | ||
| Q4 24 | $204.4M | $15.9M | ||
| Q3 24 | — | $9.6M | ||
| Q2 24 | — | $18.8M | ||
| Q1 24 | — | $6.4M |
| Q4 25 | — | $19.2M | ||
| Q3 25 | — | $22.0M | ||
| Q2 25 | — | $30.3M | ||
| Q1 25 | — | $3.2M | ||
| Q4 24 | — | $15.2M | ||
| Q3 24 | — | $8.7M | ||
| Q2 24 | — | $17.9M | ||
| Q1 24 | — | $5.1M |
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 5.1% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | — | 1.37× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.26× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | 1.07× | 1.49× | ||
| Q3 24 | — | 0.57× | ||
| Q2 24 | — | 0.93× | ||
| Q1 24 | — | 0.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
