Cmb.tech NV vs Excelerate Energy
Cmb.tech NV is the larger business, with $1.67bn of revenue in fiscal 2025 against $1.23bn for Excelerate Energy (1.4 times as much). Cmb.tech NV grew faster (77.2% against 44.3%). Cmb.tech NV kept more of each dollar of sales as profit: a net margin of 9.6% against 3.2%. Excelerate Energy carries less debt relative to equity (42.7% against 211.6%).
| Latest fiscal year | Cmb.tech NVCMBT, 2025 | Excelerate EnergyEE, 2025 |
|---|---|---|
| Revenue | $1.67bn | $1.23bn |
| Revenue growth | 77.2% | 44.3% |
| Net income | $161m | $39.2m |
| Operating margin | 33.4% | 21.7% |
| Net margin | 9.6% | 3.2% |
| Return on equity | 8.4% | 1.9% |
| Free cash flow | $444m | $298m |
| Cash | $147m | $538m |
| Total debt | $5.55bn | $952m |
| Debt to equity | 211.6% | 42.7% |
| Dividend per share | — | — |
| Dividend yield | 0.4% | 0.9% |
| Share buybacks | — | — |
| Employees | — | 1,046 |
| Market value | $5.05bn | $1.14bn |
| Price vs our value range | Within our value range | — |
| Moat score | — | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 2 sales |