CMBT (CMB.Tech NV) EBIT: $883 Mil (TTM As of Mar. 2026)


CMBT CMB.Tech NV CMBT
80 GF Score
Price $15.46
GF Value $18.45
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is CMB.Tech NV EBIT?

CMB.Tech NV CMBT -3.13% 80 EBIT is $883 Mil as of Mar. 2026. GuruFocus rates CMBT with a GF Score™ of 80/100 and a GF Value™ of $18.45 (Modestly Undervalued). The stock has 9 warning signs investors should review.

CMB.Tech NV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $464 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $883 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CMB.Tech NV's annualized ROC % for the quarter that ended in Mar. 2026 was 8.23%. CMB.Tech NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CMB.Tech NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.30%.


CMB.Tech NV  (NYSE:CMBT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CMB.Tech NV's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=686.68 * ( 1 - 0.32% )/( (8401.788 + 8233.381)/ 2 )
=684.482624/8317.5845
=8.23 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8405.574 - 152.046 - ( 146.529 - max(0, 1060.816 - 912.556+146.529))
=8401.788

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8456.678 - 267.351 - ( 202.871 - max(0, 821.188 - 777.134+202.871))
=8233.381

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

CMB.Tech NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1855.532/( ( (7091.974 + max(459.853, 0)) + (7242.092 + max(303.493, 0)) )/ 2 )
=1855.532/( ( 7551.827 + 7545.585 )/ 2 )
=1855.532/7548.706
=24.58 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(182.56 + 77.175 + 430.898) - (152.046 + 78.734 + 2.2737367544323E-13)
=459.853

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(350.513 + 82.82 + 137.513) - (267.351 + 0 + 0.0019999999999527)
=303.493

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

CMB.Tech NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=883.091/9493.008
=9.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CMB.Tech NV EBIT Related Terms


CMB.Tech NV EBIT Historical Data

* Premium members only.

The historical data trend for CMB.Tech NV's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CMB.Tech NV EBIT Chart

CMB.Tech NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -278.87 292.71 996.94 1,018.56 528.15

CMB.Tech NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.94 134.83 128.52 155.86 463.88

CMBT vs WMB, EPD, KMI: EBIT Comparison

For the Oil & Gas Midstream subindustry, CMB.Tech NV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CMB.Tech NV EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CMB.Tech NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CMB.Tech NV's EV-to-EBIT falls into.


CMBT
80GF Score
CMB.Tech NV CMBT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMB.Tech NV EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $883 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $883 Mil mean?
CMB.Tech NV (CMBT) has a EBIT of $883 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CMB.Tech NV.
Is CMB.Tech NV's EBIT too high?
CMB.Tech NV's current EBIT is $883 Mil. Overall, CMB.Tech NV has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's EBIT compare to WMB and EPD?
CMB.Tech NV's EBIT of $883 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on CMB.Tech NV. CMB.Tech NV's current EBIT is $883 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (CMBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.45, compared to a current price of $15.46 — trading 16.2% below its estimated fair value. The current EBIT is $883 Mil. CMB.Tech NV's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For CMB.Tech NV (CMBT), the current EBIT is $883 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMB.Tech NV (CMBT) Overvalued in 2026?

Based on GuruFocus' analysis, CMB.Tech NV stock appears to be undervalued. The current stock price of $15.46 is trading 16.2% below its estimated GF Value™ of $18.45. GuruFocus considers CMB.Tech NV to be Modestly Undervalued.

Key valuation signals for CMBT:

  • EBIT: $883 Mil
  • GF Value™: $18.45 vs. price of $15.46 (16.2% below fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the CMBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMB.Tech NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
80GF Score

Get the complete analysis for CMBT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.46
Price
$18.45
GF Value