CMB.TECH H1 2026 Profit Hits $733M on Vessel Sales and Strong Tanker Rates
CMBT has more than doubled off its 52-week low of $8.875.
Summary
CMB.TECH reported H1 2026 net profit of $733.2 million, driven by strong tanker and dry bulk rates plus $394.9 million in vessel sale gains. The company declared $232.1 million in distributions and detailed a $0.9 billion newbuilding program.
Key Events · Earnings and Guidance · CMBT
-
H1 2026 Net Profit $733.2M
Revenue reached $1,223.6M with profit of $733.2M, up from $32.8M in H1 2025. EPS was $2.53 versus $0.27 a year ago.
-
Vessel Sales Generate $394.9M Gains
Gains on disposal of vessels and other tangible assets totaled $394.9M, including $259.3M from six VLCCs sold in Q1 2026.
-
$232.1M Shareholder Distributions
The company declared $232.1M in dividends and share premium distributions in H1 2026, including $0.16 per share interim dividend and $0.64 per share May distribution.
-
$0.9B Newbuilding Program
Capital commitments of $900.8M fund 25 vessels under construction, including Newcastlemax bulk carriers, chemical tankers, and ammonia-powered container vessels.
Analysis · CMBT · Energy & Transportation
CMB.TECH's half-year report confirms exceptional profitability: $733.2 million net profit on $1.22 billion revenue, with $394.9 million in vessel disposal gains. The balance sheet strengthened to $3.12 billion equity, and the company declared $232.1 million in shareholder distributions. The report also details a $0.9 billion newbuilding program and provides litigation updates, including a favorable Bermuda Court ruling on Golden Ocean dissenting shareholders.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CMBT was trading at $19.49 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $5.7B. The 52-week trading range was $8.88 to $19.61. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.