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

CMB.TECH NV is the larger business by last-quarter revenue ($592.8M vs $404.2M, roughly 1.5× Regency Centers). Regency Centers runs the higher net margin — 50.1% vs 32.3%, a 17.8% gap on every dollar of revenue. On growth, Regency Centers posted the faster year-over-year revenue change (8.5% 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.

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

CMBT vs REG — Head-to-Head

Bigger by revenue
CMBT
CMBT
1.5× larger
CMBT
$592.8M
$404.2M
REG
Growing faster (revenue YoY)
REG
REG
+43.1% gap
REG
8.5%
-34.6%
CMBT
Higher net margin
REG
REG
17.8% more per $
REG
50.1%
32.3%
CMBT

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBT
CMBT
REG
REG
Revenue
$592.8M
$404.2M
Net Profit
$191.2M
$202.5M
Gross Margin
Operating Margin
46.4%
71.0%
Net Margin
32.3%
50.1%
Revenue YoY
-34.6%
8.5%
Net Profit YoY
-63.3%
134.1%
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
REG
REG
Q4 25
$404.2M
Q3 25
$387.6M
Q2 25
$380.8M
Q1 25
$380.9M
Q4 24
$592.8M
$372.5M
Q3 24
$360.3M
Q2 24
$357.3M
Q1 24
$363.9M
Net Profit
CMBT
CMBT
REG
REG
Q4 25
$202.5M
Q3 25
$109.4M
Q2 25
$106.0M
Q1 25
$109.6M
Q4 24
$191.2M
$86.5M
Q3 24
$101.5M
Q2 24
$102.7M
Q1 24
$109.8M
Operating Margin
CMBT
CMBT
REG
REG
Q4 25
71.0%
Q3 25
72.7%
Q2 25
73.8%
Q1 25
71.8%
Q4 24
46.4%
71.1%
Q3 24
72.5%
Q2 24
72.3%
Q1 24
72.3%
Net Margin
CMBT
CMBT
REG
REG
Q4 25
50.1%
Q3 25
28.2%
Q2 25
27.8%
Q1 25
28.8%
Q4 24
32.3%
23.2%
Q3 24
28.2%
Q2 24
28.7%
Q1 24
30.2%
EPS (diluted)
CMBT
CMBT
REG
REG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.01
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
CMBT
CMBT
REG
REG
Cash + ST InvestmentsLiquidity on hand
$38.9M
Total DebtLower is stronger
$2.6B
$4.7B
Stockholders' EquityBook value
$1.2B
$6.9B
Total Assets
$3.9B
$13.0B
Debt / EquityLower = less leverage
2.20×
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
REG
REG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$38.9M
Q3 24
Q2 24
Q1 24
Total Debt
CMBT
CMBT
REG
REG
Q4 25
$4.7B
Q3 25
$4.9B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$2.6B
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
CMBT
CMBT
REG
REG
Q4 25
$6.9B
Q3 25
$6.8B
Q2 25
$6.7B
Q1 25
$6.7B
Q4 24
$1.2B
$6.7B
Q3 24
$6.8B
Q2 24
$6.8B
Q1 24
$7.0B
Total Assets
CMBT
CMBT
REG
REG
Q4 25
$13.0B
Q3 25
$13.1B
Q2 25
$12.7B
Q1 25
$12.6B
Q4 24
$3.9B
$12.4B
Q3 24
$12.4B
Q2 24
$12.4B
Q1 24
$12.7B
Debt / Equity
CMBT
CMBT
REG
REG
Q4 25
0.69×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
2.20×
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

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
REG
REG
Operating Cash FlowLast quarter
$204.4M
$203.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
REG
REG
Q4 25
$203.9M
Q3 25
$218.7M
Q2 25
$244.0M
Q1 25
$161.0M
Q4 24
$204.4M
$191.4M
Q3 24
$227.6M
Q2 24
$203.5M
Q1 24
$167.8M
Cash Conversion
CMBT
CMBT
REG
REG
Q4 25
1.01×
Q3 25
2.00×
Q2 25
2.30×
Q1 25
1.47×
Q4 24
1.07×
2.21×
Q3 24
2.24×
Q2 24
1.98×
Q1 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

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