Cmb.Tech N.V.

CMBTNYSEIndustrials● Active

$14.78

+$0.34(+2.35%)

Market Cap$3.4B

P/E Ratio—

52W High$17.72

52W Low$7.78

Avg Volume1.7M

Open$14.42

Beta0.13

Free Cash Flow Financials Revenue

Cmb.Tech N.V. (CMBT) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CMBT · free cash flow · updated Jun 8, 2026

Core FCF metrics

CMBT · FCF · TTM · margin & CAGR

Free cash flow was −$628.3M for FY2025 (fiscal year ending 2025-12-31), up 0.7% year-over-year The FCF margin was -37.7%.

FY2025 Free Cash Flow−$628.3M▲ +0.7% YoY

Trailing 12M (TTM)−$612.2Mtrailing 4 quarters sum

FCF Margin-37.7%−$628.3M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CMBT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$443.4M(1.07B)−$628.3M▲ +0.7%-37.7%

FY2024$439.3M(1.07B)−$632.5M▼ 224.2%-67.3%

FY2023$854.9M(346M)$509.2M▲ +286.5%41.2%

FY2022$260.2M(533M)−$273.0M▲ +35.3%-31.4%

FY2021−$24.3M(397M)−$421.7M▼ 152.8%-104.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CMBT · P/FCF · FCF yield · FCF per share

Cmb.Tech N.V. (CMBT) reported negative free cash flow of −$0.63B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CMBT · cash flow statement · operating / investing / financing

For FY2025, Cmb.Tech N.V. generated $443.4M in operating cash flow and spent 1.07B in capital expenditures, yielding −$628.3M in free cash flow.

Operating Activities

+$443.4M

Cash from core business operations

2025-12-31

Investing Activities

−$1.82B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.49B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($443.4M) − |CapEx| (1.07B) = FCF (−$628.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

CMBT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cmb.Tech N.V.YOU

CMBT

−$628.3M+0.7%-37.7%

Loss

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Cmb.Tech N.V. (CMBT) reported free cash flow of −$628.3M for FY2025 (fiscal year ending 2025-12-31), up 0.7% year-over-year. The FCF margin was -37.7%.

Based on available data, Cmb.Tech N.V. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $799.2M in FY2020.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CMBT free cash flow · 8 questions

Cmb.Tech N.V. free cash flow was −$628.3M for FY2025, up 0.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$612.2M.

CMBT free cash flowCMBT FCFCMBT FCF 2025CMBT free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cmb.Tech N.V. · Cmb.Tech N.V. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026