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Side-by-side financial comparison of CMB.TECH NV (CMBT) and Performance Shipping Inc. (PSHG). Click either name above to swap in a different company.
CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $65.8K, roughly 9012.8× Performance Shipping Inc.). Performance Shipping Inc. runs the higher net margin — 51.7% vs 32.3%, a 19.5% gap on every dollar of revenue.
CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.
Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.
CMBT vs PSHG — Head-to-Head
Income Statement — Q4 2024 vs Q3 2025
| Metric | | |
|---|---|---|
| Revenue | $592.8M | $65.8K |
| Net Profit | $191.2M | $34.0K |
| Gross Margin | — | — |
| Operating Margin | 46.4% | 50.0% |
| Net Margin | 32.3% | 51.7% |
| 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.
| Q3 25 | — | $65.8K | ||
| Q2 25 | — | $39.5M | ||
| Q1 25 | — | $22.4K | ||
| Q4 24 | $592.8M | — | ||
| Q3 24 | — | $85.1K | ||
| Q2 24 | — | $42.9M | ||
| Q1 24 | — | $29.5K | ||
| Q4 23 | $905.9M | — |
| Q3 25 | — | $34.0K | ||
| Q2 25 | — | $38.5M | ||
| Q1 25 | — | $11.4K | ||
| Q4 24 | $191.2M | — | ||
| Q3 24 | — | $44.5K | ||
| Q2 24 | — | $21.6M | ||
| Q1 24 | — | $15.7K | ||
| Q4 23 | $521.2M | — |
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 93.3% | ||
| Q1 25 | — | 50.3% | ||
| Q4 24 | 46.4% | — | ||
| Q3 24 | — | 58.0% | ||
| Q2 24 | — | 49.1% | ||
| Q1 24 | — | 59.2% | ||
| Q4 23 | 63.4% | — |
| Q3 25 | — | 51.7% | ||
| Q2 25 | — | 97.5% | ||
| Q1 25 | — | 51.1% | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 50.4% | ||
| Q1 24 | — | 53.2% | ||
| Q4 23 | 57.5% | — |
| Q3 25 | — | — | ||
| Q2 25 | — | $1.00 | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.01 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $0.55 | ||
| Q1 24 | — | — | ||
| Q4 23 | $2.58 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $38.9M | $71.3K |
| Total DebtLower is stronger | $2.6B | — |
| Stockholders' EquityBook value | $1.2B | $275.2K |
| Total Assets | $3.9B | $330.4K |
| Debt / EquityLower = less leverage | 2.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $71.3K | ||
| Q2 25 | — | $95.8M | ||
| Q1 25 | — | $71.3K | ||
| Q4 24 | $38.9M | — | ||
| Q3 24 | — | $68.3K | ||
| Q2 24 | — | $61.7M | ||
| Q1 24 | — | $68.3K | ||
| Q4 23 | $429.4M | — |
| Q3 25 | — | — | ||
| Q2 25 | — | $43.7M | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $51.2M | ||
| Q1 24 | — | — | ||
| Q4 23 | $930.7M | — |
| Q3 25 | — | $275.2K | ||
| Q2 25 | — | $312.8M | ||
| Q1 25 | — | $275.2K | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | — | $233.2K | ||
| Q2 24 | — | $254.0M | ||
| Q1 24 | — | $233.2K | ||
| Q4 23 | $2.4B | — |
| Q3 25 | — | $330.4K | ||
| Q2 25 | — | $363.8M | ||
| Q1 25 | — | $330.4K | ||
| Q4 24 | $3.9B | — | ||
| Q3 24 | — | $296.3K | ||
| Q2 24 | — | $310.5M | ||
| Q1 24 | — | $296.3K | ||
| Q4 23 | $3.4B | — |
| Q3 25 | — | — | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.20× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $204.4M | $47.8K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.07× | 1.41× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | — | $47.8K | ||
| Q2 25 | — | $26.8M | ||
| Q1 25 | — | $17.3K | ||
| Q4 24 | $204.4M | — | ||
| Q3 24 | — | $58.7K | ||
| Q2 24 | — | $31.7M | ||
| Q1 24 | — | $18.7K | ||
| Q4 23 | $435.8M | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | $65.6M | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | 7.2% | — |
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | — | ||
| Q4 23 | 40.9% | — |
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 1.52× | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 1.19× | ||
| Q4 23 | 0.84× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
