vs
CMB.TECH NV（CMBT）与e.l.f. Beauty, Inc.（ELF）财务数据对比。点击上方公司名可切换其他公司
CMB.TECH NV的季度营收约是e.l.f. Beauty, Inc.的1.2倍（$592.8M vs $489.5M），CMB.TECH NV净利率更高（32.3% vs 8.0%，领先24.2%），e.l.f. Beauty, Inc.同比增速更快（37.8% vs -34.6%）
CMB.TECH前身为Euronav，是全球知名的原油运输企业，运营超大型油轮（VLCC）、苏伊士型油轮及浮式储卸油装置（FSO），为全球能源产业链提供专业的海上原油运输及存储解决方案，业务布局覆盖主要国际油气运输航线。
e.l.f. Beauty是美国知名彩妆品牌，2004年创立，总部位于加利福尼亚州奥克兰。品牌产品线丰富，涵盖沐浴护肤产品、矿物彩妆、专业美妆工具、眼线笔、口红、腮红、睫毛膏等多个品类，产品销往全球18个国家，入驻Target、沃尔玛等主流零售渠道，过半营收来自品牌官网。
CMBT vs ELF — 直观对比
营收规模更大
CMBT
是对方的1.2倍
$489.5M
营收增速更快
ELF
高出72.3%
-34.6%
净利率更高
CMBT
高出24.2%
8.0%
损益表 — Q4 FY2024 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $592.8M | $489.5M |
| 净利润 | $191.2M | $39.4M |
| 毛利率 | — | 71.0% |
| 营业利润率 | 46.4% | 13.8% |
| 净利率 | 32.3% | 8.0% |
| 营收同比 | -34.6% | 37.8% |
| 净利润同比 | -63.3% | 128.1% |
| 每股收益（稀释后） | $1.01 | $0.65 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CMBTELF
| Q4 25 | — | $489.5M | ||
| Q3 25 | — | $343.9M | ||
| Q2 25 | — | $353.7M | ||
| Q4 24 | $592.8M | — | ||
| Q4 23 | $905.9M | — |
净利润CMBTELF
| Q4 25 | — | $39.4M | ||
| Q3 25 | — | $3.0M | ||
| Q2 25 | — | $33.3M | ||
| Q4 24 | $191.2M | — | ||
| Q4 23 | $521.2M | — |
毛利率CMBTELF
| Q4 25 | — | 71.0% | ||
| Q3 25 | — | 69.4% | ||
| Q2 25 | — | 69.1% | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — |
营业利润率CMBTELF
| Q4 25 | — | 13.8% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 13.8% | ||
| Q4 24 | 46.4% | — | ||
| Q4 23 | 63.4% | — |
净利率CMBTELF
| Q4 25 | — | 8.0% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 9.4% | ||
| Q4 24 | 32.3% | — | ||
| Q4 23 | 57.5% | — |
每股收益（稀释后）CMBTELF
| Q4 25 | — | $0.65 | ||
| Q3 25 | — | $0.05 | ||
| Q2 25 | — | $0.58 | ||
| Q4 24 | $1.01 | — | ||
| Q4 23 | $2.58 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $38.9M | $196.8M |
| 总债务越低越好 | $2.6B | $816.7M |
| 股东权益账面价值 | $1.2B | $1.2B |
| 总资产 | $3.9B | $2.3B |
| 负债/权益比越低杠杆越低 | 2.20× | 0.70× |
8季度趋势，按日历期对齐
现金及短期投资CMBTELF
| Q4 25 | — | $196.8M | ||
| Q3 25 | — | $194.4M | ||
| Q2 25 | — | $170.0M | ||
| Q4 24 | $38.9M | — | ||
| Q4 23 | $429.4M | — |
总债务CMBTELF
| Q4 25 | — | $816.7M | ||
| Q3 25 | — | $831.6M | ||
| Q2 25 | — | $256.7M | ||
| Q4 24 | $2.6B | — | ||
| Q4 23 | $930.7M | — |
股东权益CMBTELF
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $804.9M | ||
| Q4 24 | $1.2B | — | ||
| Q4 23 | $2.4B | — |
总资产CMBTELF
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $1.3B | ||
| Q4 24 | $3.9B | — | ||
| Q4 23 | $3.4B | — |
负债/权益比CMBTELF
| Q4 25 | — | 0.70× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.32× | ||
| Q4 24 | 2.20× | — | ||
| Q4 23 | 0.39× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $204.4M | $59.4M |
| 自由现金流经营现金流 - 资本支出 | — | $52.8M |
| 自由现金流率自由现金流/营收 | — | 10.8% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | 1.07× | 1.51× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CMBTELF
| Q4 25 | — | $59.4M | ||
| Q3 25 | — | $23.4M | ||
| Q2 25 | — | $27.2M | ||
| Q4 24 | $204.4M | — | ||
| Q4 23 | $435.8M | — |
自由现金流CMBTELF
| Q4 25 | — | $52.8M | ||
| Q3 25 | — | $16.6M | ||
| Q2 25 | — | $20.1M | ||
| Q4 24 | — | — | ||
| Q4 23 | $65.6M | — |
自由现金流率CMBTELF
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 5.7% | ||
| Q4 24 | — | — | ||
| Q4 23 | 7.2% | — |
资本支出强度CMBTELF
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.0% | ||
| Q4 24 | — | — | ||
| Q4 23 | 40.9% | — |
现金转化率CMBTELF
| Q4 25 | — | 1.51× | ||
| Q3 25 | — | 7.82× | ||
| Q2 25 | — | 0.82× | ||
| Q4 24 | 1.07× | — | ||
| Q4 23 | 0.84× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
