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

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $566.0M, roughly 1.0× LOUISIANA-PACIFIC CORP). CMB.TECH NV runs the higher net margin — 32.3% vs -1.4%, a 33.7% gap on every dollar of revenue. On growth, LOUISIANA-PACIFIC CORP posted the faster year-over-year revenue change (-16.9% 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.

Louisiana-Pacific Corporation (LP) is an American building materials manufacturer. The company was founded in 1973 and LP pioneered the U.S. production of oriented strand board (OSB) panels. Currently based in Nashville, Tennessee, LP is the world's largest producer of OSB and manufactures engineered wood building products. LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers.

CMBT vs LPX — Head-to-Head

Bigger by revenue
CMBT
CMBT
1.0× larger
CMBT
$592.8M
$566.0M
LPX
Growing faster (revenue YoY)
LPX
LPX
+17.7% gap
LPX
-16.9%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
33.7% more per $
CMBT
32.3%
-1.4%
LPX

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
LPX
LPX
Revenue
$592.8M
$566.0M
Net Profit
$191.2M
$-8.0M
Gross Margin
15.0%
Operating Margin
46.4%
-1.6%
Net Margin
32.3%
-1.4%
Revenue YoY
-34.6%
-16.9%
Net Profit YoY
-63.3%
-112.9%
EPS (diluted)
$1.01
$-0.12

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
LPX
LPX
Q4 25
$566.0M
Q3 25
$663.0M
Q2 25
$755.0M
Q1 25
$724.0M
Q4 24
$592.8M
$681.0M
Q3 24
$722.0M
Q2 24
$814.0M
Q1 24
$724.0M
Net Profit
CMBT
CMBT
LPX
LPX
Q4 25
$-8.0M
Q3 25
$9.0M
Q2 25
$54.0M
Q1 25
$91.0M
Q4 24
$191.2M
$62.0M
Q3 24
$90.0M
Q2 24
$160.0M
Q1 24
$108.0M
Gross Margin
CMBT
CMBT
LPX
LPX
Q4 25
15.0%
Q3 25
19.5%
Q2 25
23.6%
Q1 25
27.2%
Q4 24
23.8%
Q3 24
26.7%
Q2 24
32.3%
Q1 24
29.6%
Operating Margin
CMBT
CMBT
LPX
LPX
Q4 25
-1.6%
Q3 25
2.7%
Q2 25
10.6%
Q1 25
16.6%
Q4 24
46.4%
11.0%
Q3 24
16.1%
Q2 24
23.8%
Q1 24
20.0%
Net Margin
CMBT
CMBT
LPX
LPX
Q4 25
-1.4%
Q3 25
1.4%
Q2 25
7.2%
Q1 25
12.6%
Q4 24
32.3%
9.1%
Q3 24
12.5%
Q2 24
19.7%
Q1 24
14.9%
EPS (diluted)
CMBT
CMBT
LPX
LPX
Q4 25
$-0.12
Q3 25
$0.13
Q2 25
$0.77
Q1 25
$1.30
Q4 24
$1.01
$0.90
Q3 24
$1.28
Q2 24
$2.23
Q1 24
$1.48

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
LPX
LPX
Cash + ST InvestmentsLiquidity on hand
$38.9M
$292.0M
Total DebtLower is stronger
$2.6B
$348.0M
Stockholders' EquityBook value
$1.2B
$1.7B
Total Assets
$3.9B
$2.6B
Debt / EquityLower = less leverage
2.20×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
LPX
LPX
Q4 25
$292.0M
Q3 25
$316.0M
Q2 25
$333.0M
Q1 25
$256.0M
Q4 24
$38.9M
$340.0M
Q3 24
$346.0M
Q2 24
$317.0M
Q1 24
$244.0M
Total Debt
CMBT
CMBT
LPX
LPX
Q4 25
$348.0M
Q3 25
$348.0M
Q2 25
$348.0M
Q1 25
$348.0M
Q4 24
$2.6B
$348.0M
Q3 24
$347.0M
Q2 24
$347.0M
Q1 24
$347.0M
Stockholders' Equity
CMBT
CMBT
LPX
LPX
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.2B
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.6B
Total Assets
CMBT
CMBT
LPX
LPX
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.7B
Q1 25
$2.6B
Q4 24
$3.9B
$2.6B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.5B
Debt / Equity
CMBT
CMBT
LPX
LPX
Q4 25
0.20×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
2.20×
0.21×
Q3 24
0.21×
Q2 24
0.21×
Q1 24
0.21×

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
LPX
LPX
Operating Cash FlowLast quarter
$204.4M
$67.0M
Free Cash FlowOCF − Capex
$-8.0M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters
$91.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
LPX
LPX
Q4 25
$67.0M
Q3 25
$89.0M
Q2 25
$162.0M
Q1 25
$64.0M
Q4 24
$204.4M
$105.0M
Q3 24
$183.0M
Q2 24
$212.0M
Q1 24
$105.0M
Free Cash Flow
CMBT
CMBT
LPX
LPX
Q4 25
$-8.0M
Q3 25
$5.0M
Q2 25
$94.0M
Q1 25
$0
Q4 24
$43.0M
Q3 24
$139.0M
Q2 24
$176.0M
Q1 24
$64.0M
FCF Margin
CMBT
CMBT
LPX
LPX
Q4 25
-1.4%
Q3 25
0.8%
Q2 25
12.5%
Q1 25
0.0%
Q4 24
6.3%
Q3 24
19.3%
Q2 24
21.6%
Q1 24
8.8%
Capex Intensity
CMBT
CMBT
LPX
LPX
Q4 25
13.3%
Q3 25
12.7%
Q2 25
9.0%
Q1 25
8.8%
Q4 24
9.1%
Q3 24
6.1%
Q2 24
4.4%
Q1 24
5.7%
Cash Conversion
CMBT
CMBT
LPX
LPX
Q4 25
Q3 25
9.89×
Q2 25
3.00×
Q1 25
0.70×
Q4 24
1.07×
1.69×
Q3 24
2.03×
Q2 24
1.32×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

LPX
LPX

OS Bvalueadd$472.0M83%
Other$84.0M15%
Otherproducts$10.0M2%

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