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Side-by-side financial comparison of CMB.TECH NV (CMBT) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $592.8M, roughly 1.3× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs 4.4%, a 27.9% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% 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.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

CMBT vs NVST — Head-to-Head

Bigger by revenue
NVST
NVST
1.3× larger
NVST
$750.6M
$592.8M
CMBT
Growing faster (revenue YoY)
NVST
NVST
+49.5% gap
NVST
15.0%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
27.9% more per $
CMBT
32.3%
4.4%
NVST

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
NVST
NVST
Revenue
$592.8M
$750.6M
Net Profit
$191.2M
$32.9M
Gross Margin
54.7%
Operating Margin
46.4%
9.8%
Net Margin
32.3%
4.4%
Revenue YoY
-34.6%
15.0%
Net Profit YoY
-63.3%
2641.7%
EPS (diluted)
$1.01
$0.20

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
NVST
NVST
Q4 25
$750.6M
Q3 25
$669.9M
Q2 25
$682.1M
Q1 25
$616.9M
Q4 24
$592.8M
$652.9M
Q3 24
$601.0M
Q2 24
$633.1M
Q1 24
$623.6M
Net Profit
CMBT
CMBT
NVST
NVST
Q4 25
$32.9M
Q3 25
$-30.3M
Q2 25
$26.4M
Q1 25
$18.0M
Q4 24
$191.2M
$1.2M
Q3 24
$8.2M
Q2 24
$-1.2B
Q1 24
$23.6M
Gross Margin
CMBT
CMBT
NVST
NVST
Q4 25
54.7%
Q3 25
55.3%
Q2 25
54.2%
Q1 25
54.5%
Q4 24
57.1%
Q3 24
52.8%
Q2 24
51.6%
Q1 24
57.1%
Operating Margin
CMBT
CMBT
NVST
NVST
Q4 25
9.8%
Q3 25
8.6%
Q2 25
6.8%
Q1 25
6.3%
Q4 24
46.4%
7.1%
Q3 24
3.5%
Q2 24
-182.2%
Q1 24
7.7%
Net Margin
CMBT
CMBT
NVST
NVST
Q4 25
4.4%
Q3 25
-4.5%
Q2 25
3.9%
Q1 25
2.9%
Q4 24
32.3%
0.2%
Q3 24
1.4%
Q2 24
-181.9%
Q1 24
3.8%
EPS (diluted)
CMBT
CMBT
NVST
NVST
Q4 25
$0.20
Q3 25
$-0.18
Q2 25
$0.16
Q1 25
$0.10
Q4 24
$1.01
$0.00
Q3 24
$0.05
Q2 24
$-6.69
Q1 24
$0.14

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$38.9M
$1.2B
Total DebtLower is stronger
$2.6B
$1.4B
Stockholders' EquityBook value
$1.2B
$3.1B
Total Assets
$3.9B
$5.7B
Debt / EquityLower = less leverage
2.20×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
NVST
NVST
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$38.9M
$1.1B
Q3 24
$991.3M
Q2 24
$1.0B
Q1 24
$948.5M
Total Debt
CMBT
CMBT
NVST
NVST
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$2.6B
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
CMBT
CMBT
NVST
NVST
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$1.2B
$2.9B
Q3 24
$3.1B
Q2 24
$3.0B
Q1 24
$4.1B
Total Assets
CMBT
CMBT
NVST
NVST
Q4 25
$5.7B
Q3 25
$5.6B
Q2 25
$5.7B
Q1 25
$5.5B
Q4 24
$3.9B
$5.4B
Q3 24
$5.5B
Q2 24
$5.4B
Q1 24
$6.6B
Debt / Equity
CMBT
CMBT
NVST
NVST
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
2.20×
0.48×
Q3 24
0.46×
Q2 24
0.51×
Q1 24
0.36×

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
NVST
NVST
Operating Cash FlowLast quarter
$204.4M
$108.0M
Free Cash FlowOCF − Capex
$91.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
1.07×
3.28×
TTM Free Cash FlowTrailing 4 quarters
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
NVST
NVST
Q4 25
$108.0M
Q3 25
$78.7M
Q2 25
$88.7M
Q1 25
$300.0K
Q4 24
$204.4M
$132.4M
Q3 24
$70.7M
Q2 24
$93.1M
Q1 24
$40.3M
Free Cash Flow
CMBT
CMBT
NVST
NVST
Q4 25
$91.7M
Q3 25
$67.9M
Q2 25
$76.4M
Q1 25
$-5.6M
Q4 24
$123.8M
Q3 24
$63.3M
Q2 24
$86.3M
Q1 24
$29.3M
FCF Margin
CMBT
CMBT
NVST
NVST
Q4 25
12.2%
Q3 25
10.1%
Q2 25
11.2%
Q1 25
-0.9%
Q4 24
19.0%
Q3 24
10.5%
Q2 24
13.6%
Q1 24
4.7%
Capex Intensity
CMBT
CMBT
NVST
NVST
Q4 25
2.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
1.0%
Q4 24
1.3%
Q3 24
1.2%
Q2 24
1.1%
Q1 24
1.8%
Cash Conversion
CMBT
CMBT
NVST
NVST
Q4 25
3.28×
Q3 25
Q2 25
3.36×
Q1 25
0.02×
Q4 24
1.07×
110.33×
Q3 24
8.62×
Q2 24
Q1 24
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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