)
Cmb.Tech (CMBT) investor relations material
Cmb.Tech Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 net profit reached $90.1 million, with full-year profit at $140.2 million and EBITDA at $942.9 million, driven by strong tanker and dry bulk markets and strategic vessel sales at high prices.
Q4 EBITDA was $322.1 million; liquidity stood at $559.2 million at year-end, with all newbuilding CAPEX fully funded.
Interim dividend of $0.16 per share declared, with further dividends expected based on capital gains from vessel sales.
Full repayment of the $1.4 billion Golden Ocean bridge loan, strengthening the balance sheet and reducing leverage.
Active asset sales and newbuild deliveries, including sale of eight VLCCs and several bulkers, generated over $400 million in capital gains across Q4 2025 and Q1/Q2 2026.
Financial highlights
Q4 2025 revenue was $589.1 million, with EBITDA of $322.1 million and net income of $90.1 million.
Full-year 2025 EBITDA totaled $942.9 million, and net profit was $140.2 million.
Market cap at $4.2 billion, with a fleet of ~240 ships valued at $10.7 billion.
Contract backlog stands at $3.05 billion, with $304 million added in Q4.
Liquidity at year-end was $559.2 million.
Outlook and guidance
Remaining CAPEX of $216 million expected to be fully funded through vessel sales and operational cash flow.
Estimated FY2026 free cash flow projected at $703.9 million, with dry bulk contributing 51.3%.
Positive outlook for dry bulk and tankers, with robust demand and strong market fundamentals; cautious outlook for containers and chemicals.
Offshore wind and oil/gas segments expected to benefit from new project deliveries and aging competitor fleets.
Dividend policy to be reviewed quarterly, with potential for further increases as operational cash flow grows.
Next Cmb.Tech earnings date
Next Cmb.Tech earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage