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

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $299.5M, roughly 2.0× PRECISION DRILLING Corp).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

CMBT vs PDS — Head-to-Head

Bigger by revenue
CMBT
CMBT
2.0× larger
CMBT
$592.8M
$299.5M
PDS

Income Statement — Q4 FY2024 vs Q3 FY2025

Metric
CMBT
CMBT
PDS
PDS
Revenue
$592.8M
$299.5M
Net Profit
$191.2M
Gross Margin
Operating Margin
46.4%
Net Margin
32.3%
Revenue YoY
-34.6%
Net Profit YoY
-63.3%
EPS (diluted)
$1.01

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
PDS
PDS
Q4 25
$299.5M
Q4 24
$592.8M
Q4 23
$905.9M
Net Profit
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$191.2M
Q4 23
$521.2M
Operating Margin
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
46.4%
Q4 23
63.4%
Net Margin
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
32.3%
Q4 23
57.5%
EPS (diluted)
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$1.01
Q4 23
$2.58

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$38.9M
Q4 23
$429.4M
Total Debt
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$2.6B
Q4 23
$930.7M
Stockholders' Equity
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$1.2B
Q4 23
$2.4B
Total Assets
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$3.9B
Q4 23
$3.4B
Debt / Equity
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
2.20×
Q4 23
0.39×

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
PDS
PDS
Operating Cash FlowLast quarter
$204.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
$204.4M
Q4 23
$435.8M
Free Cash Flow
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
Q4 23
$65.6M
FCF Margin
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
Q4 23
7.2%
Capex Intensity
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
Q4 23
40.9%
Cash Conversion
CMBT
CMBT
PDS
PDS
Q4 25
Q4 24
1.07×
Q4 23
0.84×

Financial Flow Comparison

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

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