Euronav NV
XBRU:EURN

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Euronav NV
XBRU:EURN
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Price: 14.86 EUR 0.13% Market Closed
Market Cap: 3.3B EUR
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Gross Margin
Euronav NV

68.7%
Current
48%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
68.7%
=
Gross Profit
1.2B
/
Revenue
1.8B

Gross Margin Across Competitors

Country BE
Market Cap 3.3B EUR
Gross Margin
69%
Country CA
Market Cap 129.4B CAD
Gross Margin
49%
Country US
Market Cap 66.9B USD
Gross Margin
20%
Country US
Market Cap 65.2B USD
Gross Margin
82%
Country US
Market Cap 64.1B USD
Gross Margin
24%
Country US
Market Cap 59.6B USD
Gross Margin
51%
Country US
Market Cap 57.9B USD
Gross Margin
39%
Country US
Market Cap 48.1B USD
Gross Margin
60%
Country CA
Market Cap 68.4B CAD
Gross Margin
68%
Country US
Market Cap 46.5B USD
Gross Margin
56%
Country US
Market Cap 37.4B USD
Gross Margin
34%
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Euronav NV
Glance View

Market Cap
3.3B EUR
Industry
Energy

Euronav NV, a stalwart in the maritime industry, navigates the high seas of global energy transport with a fleet that specializes in the conveyance of crude oil. Founded in the shadows of Belgium's storied maritime history, Euronav operates a fleet of Very Large Crude Carriers (VLCCs), Suezmaxes, and smaller vessels, positioning itself as a pivotal player in an industry that underpins the global economy. The lifeblood of Euronav's operations flows through its sophisticated network of shipping routes and its commitment to operational excellence. The company's services provide critical logistical support to oil producers and refiners, ensuring the uninterrupted flow of crude oil between production sites predominantly in the Middle East and consumption hubs across Asia, Europe, and North America. At the core of Euronav's business model is the art of balancing charter contracts and spot market voyages, a delicate dance dictated by fluctuating oil prices, geopolitical tensions, and seasonal demand variances. By managing a diversified portfolio of shipping contracts, from short-term spot charters, which offer higher rates in peak demand periods, to long-term charters, ensuring stability and predictability in revenue, Euronav effectively mitigates market volatility risks. The company's revenues are primarily derived from freight rates charged to its clients, which are influenced by ship availability, voyage costs, and broader market conditions. Moreover, Euronav's strategic focus on maintaining a modern, efficient fleet allows it to optimize operational costs while being environmentally conscientious, further enhancing its profitability in the highly competitive shipping industry.

EURN Intrinsic Value
22.19 EUR
Undervaluation 33%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
68.7%
=
Gross Profit
1.2B
/
Revenue
1.8B
What is the Gross Margin of Euronav NV?

Based on Euronav NV's most recent financial statements, the company has Gross Margin of 68.7%.