CMB.Tech NVCMBT -3.13%80 Pretax Margin % is 71.21% as of Mar. 2026, which is 314% above its 10-year median of 17.21. 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 916 Oil & Gas companies, CMB.Tech NV ranks better than 81.44% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CMB.Tech NV's Pre-Tax Income for the
three
months ended in Mar. 2026 was $370 Mil. CMB.Tech NV's Revenue for the
three
months ended in Mar. 2026 was $520 Mil. Therefore, CMB.Tech NV's pretax margin for the quarter that ended in Mar. 2026 was 71.21%.
The historical rank and industry rank for CMB.Tech NV's Pretax Margin % or its related term are showing as below:
CMBT'
s Pretax Margin % Range Over the Past 10 Years
Min: -80.81 Med: 17.21 Max: 92.82
Current: 24.74
CMBT's Pretax Margin % is ranked better than 81.44% of 916
companies
in the Oil & Gas industry
Industry Median: 5.165
vs CMBT: 24.74
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
CMB.Tech NV Pretax Margin % Related Terms
CMB.Tech NV Pretax Margin % Historical Data
* Premium members only.
The historical data trend for CMB.Tech NV's Pretax 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.
For the Oil & Gas Midstream subindustry, CMB.Tech NV's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CMB.Tech NV's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CMB.Tech NV's Pretax Margin % falls into.
* 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 (CMBT) has a Pretax Margin % of 71.21% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CMB.Tech NV and its competitors. This is 314% above median its historical median of 17.21. According to the industry distribution chart, CMB.Tech NV ranks #170 out of 916 companies in the Oil & Gas industry, placing it in the top 18.6%.
Is CMB.Tech NV's Pretax Margin % too high?
CMB.Tech NV's current Pretax Margin % of 71.21% is 314% above median its 10-year median of 17.21. The Oil & Gas industry median Pretax Margin % is 5.17. CMB.Tech NV's value of 71.21% is 1278.7% above this industry median. Based on the distribution chart, CMB.Tech NV ranks #170 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 Pretax Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #170 out of 916 companies for Pretax Margin %. This places CMB.Tech NV in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.17. CMB.Tech NV's value of 71.21% is 1278.7% above this benchmark. While the company's 10-year median is 17.21 vs. the industry median of 5.17, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.17, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMB.Tech NV's current Pretax Margin % of 71.21% is 1278.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CMB.Tech NV and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMB.Tech NV's current Pretax Margin % is 71.21%, which is 314% above median its own 10-year median of 17.21. 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 Pretax Margin % is 71.21%, which is 314% above median its 10-year median of 17.21 and 1278.7% above the Oil & Gas industry median of 5.17. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For CMB.Tech NV (CMBT), the current Pretax Margin % is 71.21% 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:
Pretax Margin %: 71.21% (314% above median its 10-year median of 17.21)
GF Value™: $18.45 vs. price of $15.46 (16.2% below fair value)
Industry Position: 1278.7% above the Oil & Gas median (#170 of 916)
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 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.
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