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

Mettler Toledo is the larger business by last-quarter revenue ($1.1B vs $592.8M, roughly 1.9× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 25.3%, a 7.0% gap on every dollar of revenue. On growth, Mettler Toledo posted the faster year-over-year revenue change (8.1% 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.

Mettler Toledo, stylized in all caps, is a multinational supplier of precision instruments and services. The company focuses on laboratory, industrial, product inspection, and food retailing applications. Its products are used in research, quality control, and manufacturing processes in life sciences, food, chemical, and many other industries.

CMBT vs MTD — Head-to-Head

Bigger by revenue
MTD
MTD
1.9× larger
MTD
$1.1B
$592.8M
CMBT
Growing faster (revenue YoY)
MTD
MTD
+42.7% gap
MTD
8.1%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
7.0% more per $
CMBT
32.3%
25.3%
MTD

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
MTD
MTD
Revenue
$592.8M
$1.1B
Net Profit
$191.2M
$285.8M
Gross Margin
59.8%
Operating Margin
46.4%
29.1%
Net Margin
32.3%
25.3%
Revenue YoY
-34.6%
8.1%
Net Profit YoY
-63.3%
13.3%
EPS (diluted)
$1.01
$13.91

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
MTD
MTD
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$983.2M
Q1 25
$883.7M
Q4 24
$592.8M
$1.0B
Q3 24
$954.5M
Q2 24
$946.8M
Q1 24
$925.9M
Net Profit
CMBT
CMBT
MTD
MTD
Q4 25
$285.8M
Q3 25
$217.5M
Q2 25
$202.3M
Q1 25
$163.6M
Q4 24
$191.2M
$252.3M
Q3 24
$211.5M
Q2 24
$221.8M
Q1 24
$177.5M
Gross Margin
CMBT
CMBT
MTD
MTD
Q4 25
59.8%
Q3 25
59.2%
Q2 25
59.0%
Q1 25
59.5%
Q4 24
61.2%
Q3 24
60.0%
Q2 24
59.7%
Q1 24
59.2%
Operating Margin
CMBT
CMBT
MTD
MTD
Q4 25
29.1%
Q3 25
26.1%
Q2 25
25.3%
Q1 25
22.9%
Q4 24
46.4%
30.1%
Q3 24
27.1%
Q2 24
25.7%
Q1 24
23.8%
Net Margin
CMBT
CMBT
MTD
MTD
Q4 25
25.3%
Q3 25
21.1%
Q2 25
20.6%
Q1 25
18.5%
Q4 24
32.3%
24.1%
Q3 24
22.2%
Q2 24
23.4%
Q1 24
19.2%
EPS (diluted)
CMBT
CMBT
MTD
MTD
Q4 25
$13.91
Q3 25
$10.57
Q2 25
$9.76
Q1 25
$7.81
Q4 24
$1.01
$11.91
Q3 24
$9.96
Q2 24
$10.37
Q1 24
$8.24

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
MTD
MTD
Cash + ST InvestmentsLiquidity on hand
$38.9M
Total DebtLower is stronger
$2.6B
$2.1B
Stockholders' EquityBook value
$1.2B
$-23.6M
Total Assets
$3.9B
$3.7B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
MTD
MTD
Q4 25
Q3 25
$69.1M
Q2 25
$61.8M
Q1 25
Q4 24
$38.9M
$59.4M
Q3 24
$71.6M
Q2 24
$70.8M
Q1 24
Total Debt
CMBT
CMBT
MTD
MTD
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
Q4 24
$2.6B
$1.8B
Q3 24
$1.9B
Q2 24
$1.7B
Q1 24
Stockholders' Equity
CMBT
CMBT
MTD
MTD
Q4 25
$-23.6M
Q3 25
$-249.2M
Q2 25
$-258.8M
Q1 25
$-182.0M
Q4 24
$1.2B
$-126.9M
Q3 24
$-154.4M
Q2 24
$-152.8M
Q1 24
$-158.7M
Total Assets
CMBT
CMBT
MTD
MTD
Q4 25
$3.7B
Q3 25
$3.5B
Q2 25
$3.4B
Q1 25
$3.2B
Q4 24
$3.9B
$3.2B
Q3 24
$3.3B
Q2 24
$3.2B
Q1 24
$3.3B
Debt / Equity
CMBT
CMBT
MTD
MTD
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
MTD
MTD
Operating Cash FlowLast quarter
$204.4M
$225.6M
Free Cash FlowOCF − Capex
$184.1M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
1.07×
0.79×
TTM Free Cash FlowTrailing 4 quarters
$848.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
MTD
MTD
Q4 25
$225.6M
Q3 25
$299.4M
Q2 25
$236.4M
Q1 25
$194.4M
Q4 24
$204.4M
$266.2M
Q3 24
$254.7M
Q2 24
$257.5M
Q1 24
$190.0M
Free Cash Flow
CMBT
CMBT
MTD
MTD
Q4 25
$184.1M
Q3 25
$274.9M
Q2 25
$212.5M
Q1 25
$177.2M
Q4 24
$224.9M
Q3 24
$233.2M
Q2 24
$233.7M
Q1 24
$172.6M
FCF Margin
CMBT
CMBT
MTD
MTD
Q4 25
16.3%
Q3 25
26.7%
Q2 25
21.6%
Q1 25
20.1%
Q4 24
21.5%
Q3 24
24.4%
Q2 24
24.7%
Q1 24
18.6%
Capex Intensity
CMBT
CMBT
MTD
MTD
Q4 25
3.7%
Q3 25
2.4%
Q2 25
2.4%
Q1 25
2.0%
Q4 24
3.9%
Q3 24
2.2%
Q2 24
2.5%
Q1 24
1.9%
Cash Conversion
CMBT
CMBT
MTD
MTD
Q4 25
0.79×
Q3 25
1.38×
Q2 25
1.17×
Q1 25
1.19×
Q4 24
1.07×
1.06×
Q3 24
1.20×
Q2 24
1.16×
Q1 24
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

MTD
MTD

Products$857.0M76%
Services$272.8M24%

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