JBT Marel Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,798	1,716	1,664	1,590	1,401
Revenue Growth (YoY)	121.34%	3.10%	4.66%	13.53%	-18.93%
Cost of Revenue	2,464	1,090	1,079	1,061	918.5
Gross Profit	1,335	626.5	585.7	529.4	482.3
Selling, General & Admin	1,264	448.1	404.3	378.1	340.9
Operating Expenses	1,264	448.1	404.3	378.1	340.9
Operating Income	70.2	178.4	181.4	151.3	141.4
Interest Expense	-103.3	-19.4	-24.3	-16.3	-11.2
Interest & Investment Income	-	23.7	13.4	3.7	3.8
Earnings From Equity Investments	-0.4	-0.1	-0.3	-	-
Other Non Operating Income (Expenses)	10.6	-	-	-	-
EBT Excluding Unusual Items	-22.9	182.6	170.2	138.7	134
Merger & Restructuring Charges	-29.3	-87.3	-17.4	-18.7	-14.5
Gain (Loss) on Sale of Investments	-10.6	-	-	-	-
Pretax Income	-62.8	95.3	152.8	120	119.5
Income Tax Expense	-13.1	10.7	23.5	16.2	27
Earnings From Continuing Operations	-49.7	84.6	129.3	103.8	92.5
Earnings From Discontinued Operations	-0.8	0.8	453.3	33.6	26.6
Net Income	-50.5	85.4	582.6	137.4	119.1
Net Income to Common	-50.5	85.4	582.6	137.4	119.1
Net Income Growth	-	-85.34%	324.02%	15.37%	9.47%
Shares Outstanding (Basic)	52	32	32	32	32
Shares Outstanding (Diluted)	52	32	32	32	32
Shares Change (YoY)	61.49%	0.31%	-	-	-
EPS (Basic)	-0.97	2.67	18.21	4.29	3.72
EPS (Diluted)	-0.98	2.65	18.14	4.28	3.71
EPS Growth	-	-85.37%	324.19%	15.32%	9.40%
Free Cash Flow	238.1	195.7	-15.5	56.3	172.1
Free Cash Flow Per Share	4.58	6.08	-0.48	1.75	5.36
Dividend Per Share	0.400	0.400	0.400	0.400	0.400
Gross Margin	35.14%	36.51%	35.19%	33.29%	34.43%
Operating Margin	1.85%	10.40%	10.90%	9.51%	10.09%
Profit Margin	-1.33%	4.98%	35.00%	8.64%	8.50%
Free Cash Flow Margin	6.27%	11.40%	-0.93%	3.54%	12.29%
EBITDA	336.4	254.6	258.3	223	209.8
EBITDA Margin	8.86%	14.84%	15.52%	14.02%	14.98%
D&A For EBITDA	266.2	76.2	76.9	71.7	68.4
EBIT	70.2	178.4	181.4	151.3	141.4
EBIT Margin	1.85%	10.40%	10.90%	9.51%	10.09%
Effective Tax Rate	-	11.23%	15.38%	13.50%	22.59%
Revenue as Reported	-	1,716	1,664	1,590	1,401

Source: S&P Global Market Intelligence. Standard template. Financial Sources.