JBT Marel Corporation (JBTM)

JBT Marel Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,178	1,716	1,664	1,590	1,401	1,728
Revenue Growth (YoY)	30.55%	3.10%	4.66%	13.53%	-18.93%	-11.20%
Cost of Revenue	1,399	1,090	1,079	1,061	918.5	1,192
Gross Profit	778.7	626.5	585.7	529.4	482.3	535.6
Selling, General & Admin	702.7	448.1	404.3	378.1	340.9	362.2
Research & Development	27.2	-	-	-	-	-
Operating Expenses	729.9	448.1	404.3	378.1	340.9	362.2
Operating Income	48.8	178.4	181.4	151.3	141.4	173.4
Interest Expense	-58.9	-19.4	-24.3	-16.3	-11.2	-13.9
Interest & Investment Income	19.4	23.7	13.4	3.7	3.8	-
Earnings From Equity Investments	-	-0.1	-0.3	-	-	-
EBT Excluding Unusual Items	11.3	182.6	170.2	138.7	134	159.5
Merger & Restructuring Charges	-166	-87.3	-17.4	-18.7	-14.5	-14
Pretax Income	-154.7	95.3	152.8	120	119.5	145.5
Income Tax Expense	-43.6	10.7	23.5	16.2	27	36.7
Earnings From Continuing Operations	-111.1	84.6	129.3	103.8	92.5	108.8
Earnings From Discontinued Operations	0.7	0.8	453.3	33.6	26.6	-
Net Income	-110.4	85.4	582.6	137.4	119.1	108.8
Net Income to Common	-110.4	85.4	582.6	137.4	119.1	108.8
Net Income Growth	-	-85.34%	324.02%	15.37%	9.47%	-15.66%
Shares Outstanding (Basic)	37	32	32	32	32	32
Shares Outstanding (Diluted)	37	32	32	32	32	32
Shares Change (YoY)	14.94%	0.31%	-	-	-	0.31%
EPS (Basic)	-2.99	2.67	18.21	4.29	3.72	3.40
EPS (Diluted)	-3.00	2.65	18.14	4.28	3.71	3.39
EPS Growth	-	-85.37%	324.19%	15.32%	9.40%	-15.68%
Free Cash Flow	210.4	195.7	-15.5	56.3	172.1	217.7
Free Cash Flow Per Share	5.70	6.08	-0.48	1.75	5.36	6.78
Dividend Per Share	0.400	0.400	0.400	0.400	0.400	0.400
Gross Margin	35.76%	36.51%	35.19%	33.29%	34.43%	31.00%
Operating Margin	2.24%	10.40%	10.90%	9.51%	10.09%	10.04%
Profit Margin	-5.07%	4.98%	35.00%	8.64%	8.50%	6.30%
Free Cash Flow Margin	9.66%	11.40%	-0.93%	3.54%	12.29%	12.60%
EBITDA	163.5	254.6	258.3	223	209.8	241.8
EBITDA Margin	7.51%	14.84%	15.52%	14.02%	14.98%	13.99%
D&A For EBITDA	114.7	76.2	76.9	71.7	68.4	68.4
EBIT	48.8	178.4	181.4	151.3	141.4	173.4
EBIT Margin	2.24%	10.40%	10.90%	9.51%	10.09%	10.04%
Effective Tax Rate	-	11.23%	15.38%	13.50%	22.59%	25.22%
Revenue as Reported	2,178	1,716	1,664	1,590	1,401	1,728

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q