MetaCap

CMB.TECH NV (CMBT) vs Plains All American Pipeline L.P. (PAA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

CMB.TECH NV (CMBT) has outperformed Plains All American Pipeline L.P. (PAA) over the past year, gaining 131.0% versus a gain of 48.5%. Over five years, PAA leads with a +120.0% price change compared with +91.4% for CMBT. Plains All American Pipeline L.P. is the larger company by market cap ($17.30 billion vs $6.02 billion), about 2.9 times the size.

On valuation, Plains All American Pipeline L.P. trades at a lower forward P/E (12.8x vs 13.5x for CMB.TECH NV). Plains All American Pipeline L.P. offers the higher dividend yield (6.66% vs 1.98%). CMB.TECH NV converts more of its revenue into profit, with a net margin of 92.6% versus 3.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CMBT+130.97%PAA+48.54%
+138%+64%-10%
Oct 8, 20251 yearOct 8, 2026
CMBT+103.62%PAA+134.36%
+159%+65%-29%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CMBT versus PAA key metrics
MetricCMBTPAA
Share price$20.74$24.52
Market cap$6.02B$17.30B
1-day change-0.34%+0.39%
YTD return+115.65%+35.97%
1-year return+130.97%+48.54%
5-year return+91.44%+120.00%
P/E ratio (TTM)7.0121.13
Forward P/E13.4712.81
EPS (TTM)$2.96$1.16
Dividend yield1.98%6.66%
Annual dividend$0.41$1.63
Revenue (latest FY)$940.25M$44.26B
Revenue growth (YoY)-23.87%-9.46%
Net income (latest FY)$870.83M$1.44B
Gross margin—8.65%
Operating margin106.62%3.24%
Net margin92.62%3.24%
52-week high$20.89$26.39
52-week low$8.95$15.69
Distance from 52-week high-0.69%-7.10%
Analyst consensusbuybuy
Avg. price target upside-1.40%+6.59%
Average volume994.77K2.52M
Shares outstanding290.17M705.57M
Employees—3,900
SectorConsumer DiscretionaryEnergy
IndustryMarine TransportationNatural Gas Distribution

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Plains All American Pipeline L.P. is about 2.9 times larger than CMB.TECH NV by market value ($17.30B vs $6.02B).
  • CMBT has outperformed PAA by 82.4 percentage points over the past year.
  • Plains All American Pipeline L.P. trades at a higher earnings multiple (21.1x vs 7.0x trailing P/E).
  • Plains All American Pipeline L.P. offers a meaningfully higher dividend yield (6.66% vs 1.98%).
  • CMB.TECH NV is more profitable, keeping 92.6 cents of every revenue dollar as net income versus 3.2 cents for Plains All American Pipeline L.P..
  • Plains All American Pipeline L.P. grew revenue faster in its latest fiscal year (-9.46% vs -23.87%).
  • The two companies sit in different sectors: CMB.TECH NV in Consumer Discretionary and Plains All American Pipeline L.P. in Energy.

About CMB.TECH NV

CMBT stock →

Cmb.Tech NV engages in marine transportation business in Belgium. It operates through three divisions: Marine, H2 Infra, and H2 Industry.

Consumer Discretionary · Marine Transportation

About Plains All American Pipeline L.P.

PAA stock →

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL.

Energy · Natural Gas Distribution · 3,900 employees

CMBT vs PAA FAQ

Which is bigger, CMB.TECH NV or Plains All American Pipeline L.P.?

Plains All American Pipeline L.P. (PAA) is larger, with a market capitalization of $17.30B compared with $6.02B for CMB.TECH NV (CMBT).

Which stock has performed better over the past year, CMBT or PAA?

CMBT returned +130.97% over the past 12 months, compared with +48.54% for PAA (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, CMBT or PAA?

CMBT has the lower trailing P/E at 7.0, versus 21.1 for PAA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, CMB.TECH NV or Plains All American Pipeline L.P.?

Plains All American Pipeline L.P. has the higher yield at 6.66%, compared with 1.98% for CMB.TECH NV.

Are CMB.TECH NV and Plains All American Pipeline L.P. in the same industry?

No. CMB.TECH NV is in the Consumer Discretionary sector, while Plains All American Pipeline L.P. is in Energy.

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