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

Alliant Energy is the larger business by last-quarter revenue ($1.1B vs $592.8M, roughly 1.8× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 13.4%, a 18.9% gap on every dollar of revenue. On growth, Alliant Energy posted the faster year-over-year revenue change (9.0% 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.

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinoi...

CMBT vs LNT — Head-to-Head

Bigger by revenue
LNT
LNT
1.8× larger
LNT
$1.1B
$592.8M
CMBT
Growing faster (revenue YoY)
LNT
LNT
+43.6% gap
LNT
9.0%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
18.9% more per $
CMBT
32.3%
13.4%
LNT

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
LNT
LNT
Revenue
$592.8M
$1.1B
Net Profit
$191.2M
$142.0M
Gross Margin
85.9%
Operating Margin
46.4%
18.4%
Net Margin
32.3%
13.4%
Revenue YoY
-34.6%
9.0%
Net Profit YoY
-63.3%
-5.3%
EPS (diluted)
$1.01
$0.54

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
LNT
LNT
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$961.0M
Q1 25
$1.1B
Q4 24
$592.8M
$975.0M
Q3 24
$1.1B
Q2 24
$894.0M
Q1 24
$1.0B
Net Profit
CMBT
CMBT
LNT
LNT
Q4 25
$142.0M
Q3 25
$281.0M
Q2 25
$174.0M
Q1 25
$213.0M
Q4 24
$191.2M
$150.0M
Q3 24
$295.0M
Q2 24
$87.0M
Q1 24
$158.0M
Gross Margin
CMBT
CMBT
LNT
LNT
Q4 25
85.9%
Q3 25
86.3%
Q2 25
84.3%
Q1 25
86.0%
Q4 24
84.7%
Q3 24
84.7%
Q2 24
83.6%
Q1 24
85.3%
Operating Margin
CMBT
CMBT
LNT
LNT
Q4 25
18.4%
Q3 25
28.8%
Q2 25
23.2%
Q1 25
22.8%
Q4 24
46.4%
22.7%
Q3 24
29.0%
Q2 24
14.5%
Q1 24
21.5%
Net Margin
CMBT
CMBT
LNT
LNT
Q4 25
13.4%
Q3 25
23.2%
Q2 25
18.1%
Q1 25
18.9%
Q4 24
32.3%
15.4%
Q3 24
27.3%
Q2 24
9.7%
Q1 24
15.3%
EPS (diluted)
CMBT
CMBT
LNT
LNT
Q4 25
$0.54
Q3 25
$1.09
Q2 25
$0.68
Q1 25
$0.83
Q4 24
$1.01
$0.58
Q3 24
$1.15
Q2 24
$0.34
Q1 24
$0.62

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
LNT
LNT
Cash + ST InvestmentsLiquidity on hand
$38.9M
$556.0M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.2B
$7.3B
Total Assets
$3.9B
$25.0B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
LNT
LNT
Q4 25
$556.0M
Q3 25
$753.0M
Q2 25
$329.0M
Q1 25
$25.0M
Q4 24
$38.9M
$81.0M
Q3 24
$827.0M
Q2 24
$92.0M
Q1 24
$32.0M
Total Debt
CMBT
CMBT
LNT
LNT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$2.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CMBT
CMBT
LNT
LNT
Q4 25
$7.3B
Q3 25
$7.3B
Q2 25
$7.1B
Q1 25
$7.1B
Q4 24
$1.2B
$7.0B
Q3 24
$7.0B
Q2 24
$6.8B
Q1 24
$6.8B
Total Assets
CMBT
CMBT
LNT
LNT
Q4 25
$25.0B
Q3 25
$24.6B
Q2 25
$23.8B
Q1 25
$22.9B
Q4 24
$3.9B
$22.7B
Q3 24
$22.8B
Q2 24
$21.8B
Q1 24
$21.2B
Debt / Equity
CMBT
CMBT
LNT
LNT
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
CMBT
CMBT
LNT
LNT
Operating Cash FlowLast quarter
$204.4M
$269.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
1.89×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
LNT
LNT
Q4 25
$269.0M
Q3 25
$408.0M
Q2 25
$243.0M
Q1 25
$249.0M
Q4 24
$204.4M
$254.0M
Q3 24
$351.0M
Q2 24
$255.0M
Q1 24
$307.0M
Free Cash Flow
CMBT
CMBT
LNT
LNT
Q4 25
Q3 25
$-103.0M
Q2 25
$-179.0M
Q1 25
$-305.0M
Q4 24
Q3 24
$-59.0M
Q2 24
$-137.0M
Q1 24
$-171.0M
FCF Margin
CMBT
CMBT
LNT
LNT
Q4 25
Q3 25
-8.5%
Q2 25
-18.6%
Q1 25
-27.0%
Q4 24
Q3 24
-5.5%
Q2 24
-15.3%
Q1 24
-16.6%
Capex Intensity
CMBT
CMBT
LNT
LNT
Q4 25
Q3 25
42.2%
Q2 25
43.9%
Q1 25
49.1%
Q4 24
Q3 24
37.9%
Q2 24
43.8%
Q1 24
46.4%
Cash Conversion
CMBT
CMBT
LNT
LNT
Q4 25
1.89×
Q3 25
1.45×
Q2 25
1.40×
Q1 25
1.17×
Q4 24
1.07×
1.69×
Q3 24
1.19×
Q2 24
2.93×
Q1 24
1.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

LNT
LNT

Retail Residential$313.0M29%
Retail Industrial$251.0M24%
Retail Commercial$226.0M21%
Gas$158.0M15%
Other Customer$43.0M4%
Wholesale$36.0M3%
Other Utility$15.0M1%
Steam$9.0M1%

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