JBT Marel Financial Statements
NYSE: JBTMIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
JBT Marel revenue and earnings
In fiscal 2025, JBT Marel generated $3.80 billion in revenue, up 121.3% from fiscal 2024, its 3rd consecutive year of revenue growth. JBT Marel reported a net loss of $50.5 million, compared with net income of $85.4 million a year earlier. Gross margin was 35.1% (down from 36.5%) and operating margin 5.0%.
Diluted earnings per share came in at -$0.98, down from $2.65. Over the last 5 fiscal years, JBTM's revenue has grown at a 17.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
JBT Marel income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.80B | 1.72B | 1.66B | 1.59B | 1.87B | 1.73B | 1.95B | 1.92B | 1.64B | 1.35B |
| Revenue growth (YoY) | +121.34% | +3.10% | +4.66% | -14.88% | +8.13% | -11.20% | +1.35% | +17.41% | +21.07% | +21.96% |
| Cost of Revenue | 2.46B | 1.09B | 1.08B | 1.06B | — | — | — | 1.38B | 961.10M | 803.80M |
| Gross Profit | 1.33B | 626.50M | 585.70M | 255.00M | 219.60M | 223.50M | 263.60M | 233.60M | 189.80M | 158.30M |
| Operating Expenses | 1.15B | 508.10M | 421.00M | 122.40M | 94.00M | 60.40M | 75.40M | 89.80M | 57.60M | 64.30M |
| Research & Development | 116.30M | 20.90M | 20.50M | 23.00M | 22.00M | 29.30M | 28.50M | 26.90M | 28.70M | 23.60M |
| Selling, General & Admin | — | — | 409.60M | 389.70M | 351.40M | 358.50M | 396.40M | 346.80M | 325.20M | 267.40M |
| Operating Income | 189.40M | 118.40M | 164.70M | 132.60M | 125.60M | 163.10M | 188.20M | 143.80M | 143.80M | 101.00M |
| Interest Expense | 114.40M | 19.40M | 24.30M | 16.30M | 11.20M | 13.90M | 18.80M | 13.90M | 13.60M | 9.40M |
| Other Income (Expense) | 10.60M | 0 | 0 | — | — | — | — | — | — | — |
| Pretax Income | -62.40M | 95.30M | 153.10M | 120.00M | 119.50M | 145.50M | 166.90M | 129.00M | 132.20M | 94.00M |
| Income Tax | -13.10M | 10.70M | 23.50M | 16.20M | 27.00M | 36.70M | 37.60M | 24.60M | 50.10M | 26.00M |
| Net Income | -50.50M | 85.40M | 582.60M | 137.40M | 119.10M | 108.80M | 129.00M | 104.10M | 80.50M | 67.60M |
| Net Income growth (YoY) | -159.13% | -85.34% | +324.02% | +15.37% | +9.47% | -15.66% | +23.92% | +29.32% | +19.08% | +20.93% |
| EPS (Basic) | -0.98 | 2.67 | 18.21 | 4.29 | 3.72 | 3.40 | 4.04 | 3.26 | 2.56 | 2.30 |
| EPS (Diluted) | -0.98 | 2.65 | 18.13 | 4.28 | 3.71 | 3.39 | 4.02 | 3.23 | 2.53 | 2.27 |
| Shares Outstanding (Basic) | 52.00M | 32.00M | 32.00M | 32.00M | 32.00M | 32.00M | 31.90M | 31.90M | 31.40M | 29.40M |
| Shares Outstanding (Diluted) | 52.00M | 32.20M | 32.10M | 32.10M | 32.10M | 32.10M | 32.00M | 32.20M | 31.90M | 29.80M |
| EBITDA | 455.60M | 207.80M | 256.00M | 213.70M | 202.40M | 234.90M | 253.80M | 201.50M | 195.50M | 139.50M |
| Gross Margin | 35.14% | 36.51% | 35.19% | 16.03% | 11.75% | 12.94% | 13.55% | 12.17% | 11.61% | 11.72% |
| Operating Margin | 4.99% | 6.90% | 9.90% | 8.34% | 6.72% | 9.44% | 9.67% | 7.49% | 8.79% | 7.48% |
| Net Margin | -133.00% | 4.98% | 35.00% | 8.64% | 6.37% | 6.30% | 6.63% | 5.42% | 4.92% | 5.01% |
This table shows 10 annual periods of JBT Marel's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow JBTM's reporting calendar. What is a income statement?