This page shows JBT Marel Corp (JBTM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
JBT Marel Corp has an operating margin of 5.0%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is down from 6.9% the prior year.
JBT Marel Corp's revenue surged 121.3% year-over-year to $3.8B, reflecting rapid business expansion. This strong growth earns a score of 100/100.
JBT Marel Corp carries a low D/E ratio of 0.33, meaning only $0.33 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.
JBT Marel Corp's current ratio of 0.98 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 14/100, which could limit financial flexibility.
JBT Marel Corp has a free cash flow margin of 6.3%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.
JBT Marel Corp generates a -1.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 9/100. This is down from 5.5% the prior year.
JBT Marel Corp scores 1.83, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($6.5B) relative to total liabilities ($3.7B). This signals moderate financial risk that warrants monitoring.
JBT Marel Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, JBT Marel Corp generates $-6.77 in operating cash flow ($341.7M OCF vs -$50.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
JBT Marel Corp earns $1.7 in operating income for every $1 of interest expense ($189.4M vs $114.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
JBT Marel Corp generated $3.8B in revenue in fiscal year 2025. This represents an increase of 121.3% from the prior year.
JBT Marel Corp's EBITDA was $455.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 119.2% from the prior year.
JBT Marel Corp reported -$50.5M in net income in fiscal year 2025. This represents a decrease of 159.1% from the prior year.
JBT Marel Corp earned $-0.98 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 137.0% from the prior year.
Cash & Balance Sheet
JBT Marel Corp generated $238.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 22.3% from the prior year.
JBT Marel Corp held $167.9M in cash against $1.5B in long-term debt as of fiscal year 2025.
JBT Marel Corp paid $0.40 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Margins & Returns
JBT Marel Corp's gross margin was 35.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.4 percentage points from the prior year.
JBT Marel Corp's operating margin was 5.0% in fiscal year 2025, reflecting core business profitability. This is down 1.9 percentage points from the prior year.
JBT Marel Corp's net profit margin was -1.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.3 percentage points from the prior year.
JBT Marel Corp's ROE was -1.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 6.7 percentage points from the prior year.
Capital Allocation
JBT Marel Corp invested $116.3M in research and development in fiscal year 2025. This represents an increase of 456.5% from the prior year.
JBT Marel Corp spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
JBT Marel Corp invested $103.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 173.4% from the prior year.
JBTM Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B+0.7% | $1.0B+7.1% | $934.8M+9.4% | $854.1M+82.7% | $467.6M+3.0% | $453.8M+12.8% | $402.3M+2.5% | $392.3M |
| Cost of Revenue | $659.9M+2.9% | $641.5M+6.8% | $600.6M+6.9% | $561.6M+94.9% | $288.2M-0.7% | $290.2M+12.0% | $259.1M+2.8% | $252.0M |
| Gross Profit | $348.1M-3.3% | $359.8M+7.7% | $334.2M+14.3% | $292.5M+63.0% | $179.4M+9.7% | $163.6M+14.2% | $143.2M+2.1% | $140.3M |
| R&D Expenses | $23.1M-19.5% | $28.7M-7.1% | $30.9M-8.0% | $33.6M+918.2% | $3.3M-38.9% | $5.4M-6.9% | $5.8M-9.4% | $6.4M |
| SG&A Expenses | N/A | $222.0M-11.3% | $250.4M-11.1% | $281.7M | N/A | $111.6M+1.1% | $110.4M+6.5% | $103.7M |
| Operating Income | $72.3M-29.2% | $102.1M+111.0% | $48.4M+244.9% | -$33.4M-312.7% | $15.7M-66.5% | $46.8M+74.6% | $26.8M-7.9% | $29.1M |
| Interest Expense | $15.5M-37.2% | $24.7M-22.3% | $31.8M-25.0% | $42.4M+410.8% | $8.3M+102.4% | $4.1M0.0% | $4.1M+41.4% | $2.9M |
| Income Tax | $8.1M-52.6% | $17.1M+116.5% | $7.9M+117.1% | -$46.2M-1183.3% | -$3.6M-137.9% | $9.5M+387.9% | -$3.3M-140.7% | $8.1M |
| Net Income | $53.1M-19.5% | $66.0M+1841.2% | $3.4M+102.0% | -$173.0M-2371.4% | -$7.0M-118.0% | $38.9M+26.7% | $30.7M+34.6% | $22.8M |
| EPS (Diluted) | N/A | $1.26+1700.0% | $0.07+102.1% | $-3.35 | N/A | $1.21+27.4% | $0.95+33.8% | $0.71 |
JBTM Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.2B-0.1% | $8.2B-0.6% | $8.3B+3.2% | $8.0B+134.3% | $3.4B+22.4% | $2.8B+3.7% | $2.7B0.0% | $2.7B |
| Current Assets | $1.6B+2.8% | $1.5B+0.7% | $1.5B+2.7% | $1.5B-20.1% | $1.9B+54.6% | $1.2B+7.1% | $1.1B+2.1% | $1.1B |
| Cash & Equivalents | $167.9M+26.0% | $133.3M+2.5% | $130.0M+9.2% | $119.0M-90.3% | $1.2B+129.8% | $534.5M+12.7% | $474.3M-1.0% | $479.0M |
| Inventory | $643.7M-3.8% | $669.4M+1.3% | $661.1M+7.8% | $613.5M+163.2% | $233.1M-10.0% | $259.0M+0.1% | $258.7M+3.4% | $250.2M |
| Accounts Receivable | $442.9M+1.9% | $434.6M+5.1% | $413.7M+3.6% | $399.3M+66.6% | $239.7M+0.8% | $237.9M+4.2% | $228.4M+3.5% | $220.7M |
| Goodwill | $3.4B+0.3% | $3.4B+10.2% | $3.1B+9.4% | $2.8B+268.5% | $769.1M-2.1% | $785.8M+1.5% | $774.3M-0.1% | $775.2M |
| Total Liabilities | $3.7B-1.4% | $3.8B-2.6% | $3.9B-0.4% | $3.9B+108.2% | $1.9B+55.3% | $1.2B+2.8% | $1.2B-2.4% | $1.2B |
| Current Liabilities | $1.6B-1.6% | $1.6B+0.3% | $1.6B+38.9% | $1.2B+121.0% | $535.5M+13.1% | $473.4M+6.9% | $442.9M-5.0% | $466.1M |
| Long-Term Debt | $1.5B-1.7% | $1.5B-1.1% | $1.5B-23.1% | $2.0B+57.0% | $1.3B+93.1% | $648.3M+0.1% | $647.6M+0.1% | $647.0M |
| Total Equity | $4.5B+1.0% | $4.4B+1.0% | $4.4B+6.5% | $4.1B+166.0% | $1.5B-2.6% | $1.6B+4.4% | $1.5B+1.9% | $1.5B |
| Retained Earnings | $1.5B+3.4% | $1.4B+4.5% | $1.4B-0.1% | $1.4B-11.6% | $1.5B-0.7% | $1.5B+2.4% | $1.5B+1.9% | $1.5B |
JBTM Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $117.4M+33.9% | $87.7M-14.2% | $102.2M+197.1% | $34.4M-73.3% | $128.7M+79.0% | $71.9M+232.9% | $21.6M+107.7% | $10.4M |
| Capital Expenditures | $33.9M+8.7% | $31.2M+68.6% | $18.5M-7.5% | $20.0M+100.0% | $10.0M+44.9% | $6.9M-34.3% | $10.5M0.0% | $10.5M |
| Free Cash Flow | $83.5M+47.8% | $56.5M-32.5% | $83.7M+481.3% | $14.4M-87.9% | $118.7M+82.6% | $65.0M+485.6% | $11.1M+11200.0% | -$100K |
| Investing Cash Flow | N/A | -$31.2M-115.2% | -$14.5M+99.2% | -$1.8B | N/A | -$9.1M+41.3% | -$15.5M-115.3% | -$7.2M |
| Financing Cash Flow | -$32.8M+37.5% | -$52.5M+32.7% | -$78.0M-112.6% | $621.4M+6.2% | $584.9M+8829.9% | -$6.7M+35.0% | -$10.3M-68.9% | -$6.1M |
| Dividends Paid | $5.2M0.0% | $5.2M0.0% | $5.2M-1.9% | $5.3M+51.4% | $3.5M+9.4% | $3.2M0.0% | $3.2M0.0% | $3.2M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
JBTM Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.5%-1.4pp | 35.9%+0.2pp | 35.8%+1.5pp | 34.3%-4.1pp | 38.4%+2.3pp | 36.0%+0.5pp | 35.6%-0.2pp | 35.8% |
| Operating Margin | 7.2%-3.0pp | 10.2%+5.0pp | 5.2%+9.1pp | -3.9%-7.3pp | 3.4%-7.0pp | 10.3%+3.6pp | 6.7%-0.8pp | 7.4% |
| Net Margin | 5.3%-1.3pp | 6.6%+6.2pp | 0.4%+20.6pp | -20.3%-18.8pp | -1.5%-10.1pp | 8.6%+0.9pp | 7.6%+1.8pp | 5.8% |
| Return on Equity | 1.2%-0.3pp | 1.5%+1.4pp | 0.1%+4.3pp | -4.2%-3.8pp | -0.4%-2.9pp | 2.5%+0.4pp | 2.0%+0.5pp | 1.5% |
| Return on Assets | 0.7%-0.2pp | 0.8%+0.8pp | 0.0%+2.2pp | -2.2%-1.9pp | -0.2%-1.6pp | 1.4%+0.2pp | 1.1%+0.3pp | 0.9% |
| Current Ratio | 0.98+0.0 | 0.930.0 | 0.93-0.3 | 1.26-2.2 | 3.48+0.9 | 2.550.0 | 2.54+0.2 | 2.37 |
| Debt-to-Equity | 0.330.0 | 0.340.0 | 0.35-0.1 | 0.48-0.3 | 0.81+0.4 | 0.41-0.0 | 0.430.0 | 0.43 |
| FCF Margin | 8.3%+2.6pp | 5.6%-3.3pp | 8.9%+7.3pp | 1.7%-23.7pp | 25.4%+11.1pp | 14.3%+11.6pp | 2.8%+2.8pp | -0.0% |
Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
What is JBT Marel Corp's annual revenue?
JBT Marel Corp (JBTM) reported $3.8B in total revenue for fiscal year 2025. This represents a 121.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is JBT Marel Corp's revenue growing?
JBT Marel Corp (JBTM) revenue grew by 121.3% year-over-year, from $1.7B to $3.8B in fiscal year 2025.
Is JBT Marel Corp profitable?
No, JBT Marel Corp (JBTM) reported a net income of -$50.5M in fiscal year 2025, with a net profit margin of -1.3%.
What is JBT Marel Corp's EBITDA?
JBT Marel Corp (JBTM) had EBITDA of $455.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does JBT Marel Corp have?
As of fiscal year 2025, JBT Marel Corp (JBTM) had $167.9M in cash and equivalents against $1.5B in long-term debt.
What is JBT Marel Corp's gross margin?
JBT Marel Corp (JBTM) had a gross margin of 35.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is JBT Marel Corp's operating margin?
JBT Marel Corp (JBTM) had an operating margin of 5.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is JBT Marel Corp's net profit margin?
JBT Marel Corp (JBTM) had a net profit margin of -1.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does JBT Marel Corp pay dividends?
Yes, JBT Marel Corp (JBTM) paid $0.40 per share in dividends during fiscal year 2025.
What is JBT Marel Corp's return on equity (ROE)?
JBT Marel Corp (JBTM) has a return on equity of -1.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is JBT Marel Corp's free cash flow?
JBT Marel Corp (JBTM) generated $238.1M in free cash flow during fiscal year 2025. This represents a 22.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is JBT Marel Corp's operating cash flow?
JBT Marel Corp (JBTM) generated $341.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are JBT Marel Corp's total assets?
JBT Marel Corp (JBTM) had $8.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are JBT Marel Corp's capital expenditures?
JBT Marel Corp (JBTM) invested $103.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does JBT Marel Corp spend on research and development?
JBT Marel Corp (JBTM) invested $116.3M in research and development during fiscal year 2025.
What is JBT Marel Corp's current ratio?
JBT Marel Corp (JBTM) had a current ratio of 0.98 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is JBT Marel Corp's debt-to-equity ratio?
JBT Marel Corp (JBTM) had a debt-to-equity ratio of 0.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is JBT Marel Corp's return on assets (ROA)?
JBT Marel Corp (JBTM) had a return on assets of -0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is JBT Marel Corp's Altman Z-Score?
JBT Marel Corp (JBTM) has an Altman Z-Score of 1.83, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is JBT Marel Corp's Piotroski F-Score?
JBT Marel Corp (JBTM) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are JBT Marel Corp's earnings high quality?
JBT Marel Corp (JBTM) has an earnings quality ratio of -6.77x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can JBT Marel Corp cover its interest payments?
JBT Marel Corp (JBTM) has an interest coverage ratio of 1.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is JBT Marel Corp?
JBT Marel Corp (JBTM) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.