CMBT (CMB.Tech NV) Gross Margin %: 34.47% (As of Mar. 2026) — 22% Above Median


CMBT CMB.Tech NV CMBT
80 GF Score
Price $15.46
GF Value $18.45
Valuation Modestly Undervalued
! 9 Warning Signs
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What is CMB.Tech NV Gross Margin %?

CMB.Tech NV CMBT -3.13% 80 Gross Margin % is 34.47% as of Mar. 2026, which is 22% above its 10-year median of 28.22. 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. Among 867 Oil & Gas companies, CMB.Tech NV ranks better than 56.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CMB.Tech NV's Gross Profit for the three months ended in Mar. 2026 was $179 Mil. CMB.Tech NV's Revenue for the three months ended in Mar. 2026 was $520 Mil. Therefore, CMB.Tech NV's Gross Margin % for the quarter that ended in Mar. 2026 was 34.47%.


The historical rank and industry rank for CMB.Tech NV's Gross Margin % or its related term are showing as below:

CMBT' s Gross Margin % Range Over the Past 10 Years
Min: -65.39   Med: 28.22   Max: 51.53
Current: 30.2


During the past 13 years, the highest Gross Margin % of CMB.Tech NV was 51.53%. The lowest was -65.39%. And the median was 28.22%.

CMBT's Gross Margin % is ranked better than
56.17% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs CMBT: 30.20

CMB.Tech NV had a gross margin of 34.47% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CMB.Tech NV was 0.00% per year.


CMB.Tech NV  (NYSE:CMBT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CMB.Tech NV had a gross margin of 34.47% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


CMB.Tech NV Gross Margin % Related Terms


CMB.Tech NV Gross Margin % Historical Data

* Premium members only.

The historical data trend for CMB.Tech NV's Gross Margin % 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 Gross Margin % Chart

CMB.Tech NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -65.39 27.50 51.53 42.16 28.94

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
Gross Margin % 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 30.64 20.76 25.45 36.34 34.47

CMBT vs WMB, EPD, KMI: Gross Margin % Comparison

For the Oil & Gas Midstream subindustry, CMB.Tech NV's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CMB.Tech NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CMB.Tech NV's Gross Margin % falls into.


CMBT
80GF Score
CMB.Tech NV CMBT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CMB.Tech NV Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

CMB.Tech NV's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=482.2 / 1666.08
=(Revenue - Cost of Goods Sold) / Revenue
=(1666.08 - 1183.921) / 1666.08
=28.94 %

CMB.Tech NV's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=179.1 / 519.63
=(Revenue - Cost of Goods Sold) / Revenue
=(519.63 - 340.504) / 519.63
=34.47 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 34.47% mean?
CMB.Tech NV (CMBT) has a Gross Margin % of 34.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CMB.Tech NV and its competitors. This is 22% above median its historical median of 28.22. According to the industry distribution chart, CMB.Tech NV ranks #380 out of 867 companies in the Oil & Gas industry, placing it in the top 43.8%.
Is CMB.Tech NV's Gross Margin % too high?
CMB.Tech NV's current Gross Margin % of 34.47% is 22% above median its 10-year median of 28.22. The Oil & Gas industry median Gross Margin % is 25.70. CMB.Tech NV's value of 34.47% is 34.1% above this industry median. Based on the distribution chart, CMB.Tech NV ranks #380 out of 867 companies in the Oil & Gas industry, which is above the industry midpoint. 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 Gross Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #380 out of 867 companies for Gross Margin %. This puts CMB.Tech NV in the upper half of its industry. The industry median Gross Margin % is 25.70. CMB.Tech NV's value of 34.47% is 34.1% above this benchmark. While the company's 10-year median is 28.22 vs. the industry median of 25.70, CMB.Tech NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMB.Tech NV's current Gross Margin % of 34.47% is 34.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on CMB.Tech NV and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMB.Tech NV's current Gross Margin % is 34.47%, which is 22% above median its own 10-year median of 28.22. 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 Gross Margin % is 34.47%, which is 22% above median its 10-year median of 28.22 and 34.1% above the Oil & Gas industry median of 25.70. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For CMB.Tech NV (CMBT), the current Gross Margin % is 34.47% 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:

  • Gross Margin %: 34.47% (22% above median its 10-year median of 28.22)
  • GF Value™: $18.45 vs. price of $15.46 (16.2% below fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 34.1% above the Oil & Gas median (#380 of 867)

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

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

$15.46
Price
$18.45
GF Value