JBT Marel Corporation (JBTM)

NYSE Industrials Industrial Machinery & Supplies & Components S&P SmallCap 600

$128.35

+1.53 (+1.21%)

Close of Nov 06, 2026 · end-of-day data

Source: JBT Marel Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.35B	$1.64B	$1.92B	$1.95B	$1.73B	$1.40B	$1.59B	$1.66B	$1.72B	$3.80B
Cost of revenue	$803.80M	$961.10M	$1.38B	—	—	—	$1.06B	$1.08B	$1.09B	$2.46B
Gross profit	$158.30M	$189.80M	$233.60M	$263.60M	$223.50M	$219.60M	$255.00M	$585.70M	$626.50M	$1.33B
Research & development	$23.60M	$28.70M	$26.90M	$28.50M	$29.30M	$22.00M	$23.00M	$20.50M	$20.90M	$116.30M
Selling, general & admin	$267.40M	$325.20M	$346.80M	$396.40M	$358.50M	$351.40M	$389.70M	$409.60M	—	—
Operating income	$101.00M	$143.80M	$143.80M	$188.20M	$163.10M	$125.60M	$132.60M	$164.70M	$118.40M	$189.40M
Interest expense	$9.40M	$13.60M	$13.90M	$18.80M	$13.90M	$11.20M	$16.30M	$24.30M	$19.40M	$114.40M
Pre-tax income	$94.00M	$132.20M	$129.00M	$166.90M	$145.50M	$119.50M	$120.00M	$153.10M	$95.30M	-$62.40M
Income tax	$26.00M	$50.10M	$24.60M	$37.60M	$36.70M	$27.00M	$16.20M	$23.50M	$10.70M	-$13.10M
Net income	$67.60M	$80.50M	$104.10M	$129.00M	$108.80M	$119.10M	$137.40M	$582.60M	$85.40M	-$50.50M
EBITDA	$139.50M	$195.50M	$201.50M	$253.80M	$234.90M	$202.40M	$213.70M	$256.00M	$207.80M	$455.60M
EPS (basic)	$2.30	$2.56	$3.26	$4.04	$3.40	$3.72	$4.29	$18.21	$2.67	$-0.98
EPS (diluted)	$2.27	$2.53	$3.23	$4.02	$3.39	$3.71	$4.28	$18.13	$2.65	$-0.98
Diluted shares	29.80M	31.90M	32.20M	32.00M	32.10M	32.10M	32.10M	32.10M	32.20M	52.00M
Gross margin	11.7%	11.6%	12.2%	13.5%	12.9%	15.7%	16.0%	35.2%	36.5%	35.1%
Operating margin	7.5%	8.8%	7.5%	9.7%	9.4%	9.0%	8.3%	9.9%	6.9%	5.0%
Net margin	5.0%	4.9%	5.4%	6.6%	6.3%	8.5%	8.6%	35.0%	5.0%	-1.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$33.20M	$34.00M	$43.00M	$39.50M	$47.50M	$76.90M	$71.70M	$483.30M	$1.23B	$167.90M
Short-term investments	—	—	—	—	—	—	$0	—	—	—
Receivables	$260.50M	$225.80M	$253.40M	$288.90M	$236.10M	$165.20M	$200.50M	$214.40M	$239.70M	$443.00M
Inventory	$139.60M	$190.20M	$206.10M	$245.00M	$197.30M	$183.80M	$264.00M	$238.90M	$233.10M	$644.00M
Total current assets	$485.00M	$588.60M	$618.50M	$708.20M	$616.10M	$762.50M	$926.50M	$1.10B	$1.86B	$1.58B
Goodwill	$239.50M	$301.80M	$321.40M	$528.90M	$505.70M	$646.70M	$770.10M	$779.50M	$769.10M	$3.43B
Total assets	$1.19B	$1.39B	$1.44B	$1.91B	$1.81B	$2.19B	$2.64B	$2.71B	$3.41B	$8.19B
Total current liabilities	$393.00M	$441.40M	$485.30M	$474.50M	$457.50M	$547.70M	$624.00M	$484.40M	$535.50M	$1.62B
Short-term debt	$7.10M	$10.50M	$500.00K	$900.00K	$2.40M	$0	$600.00K	$0	$0	$412.00M
Long-term debt	$491.60M	$372.70M	$387.10M	$698.30M	$522.50M	$674.40M	$977.30M	$646.40M	$1.25B	$1.47B
Total debt	$498.70M	$383.20M	$387.60M	$699.20M	$524.90M	$674.40M	$977.90M	$646.40M	$1.25B	$1.88B
Total liabilities	$1.01B	$949.50M	$985.60M	$1.35B	$1.13B	$1.40B	$1.74B	$1.22B	$1.87B	$3.73B
Shareholders' equity	$179.90M	$441.90M	$456.90M	$569.50M	$672.40M	$786.50M	$905.40M	$1.49B	$1.54B	$4.46B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$67.40M	$104.60M	$153.90M	$110.20M	$252.00M	$225.70M	$142.30M	$74.20M	$232.60M	$341.70M
Capital expenditures	$37.10M	$37.90M	$39.80M	$37.90M	$34.30M	$51.70M	$84.60M	$55.10M	$37.90M	$103.60M
Free cash flow	$30.30M	$66.70M	$114.10M	$72.30M	$217.70M	$174.00M	$57.70M	$19.10M	$194.70M	$238.10M
Investing cash flow	-$266.80M	-$139.90M	-$94.40M	-$401.70M	-$37.30M	-$272.90M	-$416.10M	$729.30M	-$41.30M	-$1.84B
Financing cash flow	$194.90M	$34.70M	-$48.30M	$287.50M	-$207.40M	$80.80M	$270.60M	-$354.10M	$561.80M	$458.10M
Dividends paid	$11.80M	$12.70M	$13.10M	$12.70M	$12.80M	$12.80M	$13.10M	$12.80M	$13.10M	$20.90M
Share buybacks	$4.30M	$5.00M	$20.00M	$0	$0	$0	$7.70M	$5.10M	$0	$0
Stock-based compensation	$9.90M	$9.00M	$9.70M	$9.40M	$1.90M	$5.50M	$8.90M	$11.40M	$14.70M	$23.20M
Depreciation & amortization	$38.50M	$51.70M	$57.70M	$65.60M	$71.80M	$76.80M	$81.10M	$91.30M	$89.40M	$266.20M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$444.60M	$392.30M	$421.00M	$441.00M	$467.60M	$854.00M	$935.00M	$1.00B	$1.01B	$936.00M	$981.00M	$994.00M
Cost of revenue	$283.80M	$252.00M	$259.10M	$290.20M	$288.20M	$562.00M	$600.00M	$642.00M	$659.60M	$607.00M	$622.00M	$641.00M
Gross profit	$160.80M	$140.30M	$161.90M	$150.80M	$179.40M	$292.00M	$335.00M	$359.00M	$348.60M	$329.00M	$359.00M	$353.00M
Research & development	—	$6.40M	$5.80M	$5.40M	$3.30M	$33.60M	$30.90M	$28.70M	$23.10M	—	—	—
Selling, general & admin	$104.00M	$103.70M	$110.40M	$111.60M	—	$325.00M	$287.00M	$258.00M	—	$261.00M	$313.00M	$253.00M
Operating income	$55.10M	$29.10M	$26.80M	$46.80M	$15.70M	-$33.00M	$48.00M	$102.00M	$72.40M	$68.00M	$46.00M	$100.00M
Interest expense	$3.10M	$2.90M	$4.10M	$4.10M	$8.30M	$42.40M	$31.80M	$24.70M	$15.50M	—	$13.00M	$13.00M
Pre-tax income	$58.60M	$30.90M	$27.40M	$47.60M	-$10.50M	-$219.00M	$11.00M	$84.00M	$61.60M	$60.00M	$35.00M	$88.00M
Income tax	$5.70M	$8.10M	-$3.30M	$9.50M	-$3.60M	-$46.00M	$8.00M	$17.00M	$7.90M	$15.00M	$7.00M	$18.00M
Net income	$81.10M	$22.80M	$30.70M	$38.90M	-$7.00M	-$173.00M	$3.00M	$66.00M	$53.50M	$45.00M	$28.00M	$70.00M
EBITDA	$16.60M	$51.20M	$49.00M	$69.00M	-$19.20M	—	—	—	—	—	—	—
EPS (basic)	$2.54	$0.71	$0.96	$1.22	$-0.22	$-3.35	$0.07	$1.26	$1.02	$0.86	$0.54	$1.35
EPS (diluted)	$2.52	$0.71	$0.95	$1.21	$-0.22	$-3.35	$0.07	$1.26	$1.02	$0.86	$0.54	$1.34
Diluted shares	0	32.20M	32.20M	32.20M	0	51.70M	52.20M	52.30M	100.00K	52.40M	52.20M	51.60M
Gross margin	36.2%	35.8%	38.5%	34.2%	38.4%	34.2%	35.8%	35.9%	34.6%	35.1%	36.6%	35.5%
Operating margin	12.4%	7.4%	6.4%	10.6%	3.4%	-3.9%	5.1%	10.2%	7.2%	7.3%	4.7%	10.1%
Net margin	18.2%	5.8%	7.3%	8.8%	-1.5%	-20.3%	0.3%	6.6%	5.3%	4.8%	2.9%	7.0%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$483.30M	$479.00M	$474.30M	$534.50M	$1.23B	$119.00M	$130.00M	$133.00M	$167.90M	$230.00M	$112.00M	$117.00M
Receivables	$214.40M	$220.70M	$228.40M	$237.90M	$239.70M	$399.30M	$413.70M	$434.60M	$443.00M	$438.00M	$443.00M	$451.00M
Inventory	$238.90M	$250.20M	$258.70M	$259.00M	$233.10M	$613.50M	$661.10M	$669.40M	$644.00M	$667.00M	$700.00M	$704.00M
Total current assets	$1.10B	$1.10B	$1.13B	$1.21B	$1.86B	$1.49B	$1.53B	$1.54B	$1.58B	$1.68B	$1.61B	$1.64B
Goodwill	$779.50M	$775.20M	$774.30M	$785.80M	$769.10M	$2.83B	$3.10B	$3.42B	$3.43B	$3.39B	$3.38B	$3.38B
Total assets	$2.71B	$2.69B	$2.69B	$2.79B	$3.41B	$8.00B	$8.25B	$8.20B	$8.19B	$8.16B	$8.01B	$7.97B
Total current liabilities	$484.40M	$466.10M	$442.90M	$473.40M	$535.50M	$1.18B	$1.64B	$1.65B	$1.62B	$1.66B	$1.30B	$1.28B
Short-term debt	$0	—	—	—	$0	$21.40M	$410.20M	$410.10M	$412.00M	$411.00M	$9.00M	$7.00M
Long-term debt	$646.40M	$647.00M	$647.60M	$648.30M	$1.25B	$1.97B	$1.51B	$1.50B	$1.47B	$1.43B	$1.67B	$1.69B
Total debt	$646.40M	$647.00M	$647.60M	$648.30M	$1.25B	$1.99B	$1.92B	$1.91B	$1.88B	$1.84B	$1.68B	$1.69B
Total liabilities	$1.22B	$1.20B	$1.17B	$1.20B	$1.87B	$3.89B	$3.88B	$3.78B	$3.73B	$3.68B	$3.53B	$3.54B
Shareholders' equity	$1.49B	$1.49B	$1.52B	$1.59B	$1.54B	$4.11B	$4.37B	$4.42B	$4.46B	$4.48B	$4.47B	$4.43B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	-$21.40M	$10.40M	$21.60M	$71.90M	$128.70M	$34.00M	$103.00M	$87.00M	$117.40M	$119.00M	$102.00M	$99.00M
Capital expenditures	$8.90M	$10.50M	$10.50M	$6.90M	$10.00M	$20.00M	$19.00M	$31.00M	$33.60M	$26.00M	$25.00M	$26.00M
Free cash flow	-$30.30M	-$100.00K	$11.10M	$65.00M	$118.70M	$14.00M	$84.00M	$56.00M	$83.80M	$93.00M	$77.00M	$73.00M
Investing cash flow	$116.60M	-$7.20M	-$15.50M	-$9.10M	-$9.50M	-$1.77B	-$14.00M	-$31.00M	—	-$19.00M	-$23.00M	-$8.00M
Financing cash flow	-$8.40M	-$6.10M	-$10.30M	-$6.70M	$584.90M	$621.00M	-$78.00M	-$52.00M	-$32.90M	-$54.00M	-$200.00M	-$84.00M
Dividends paid	$3.10M	$3.20M	$3.20M	$3.20M	$3.50M	$5.00M	$6.00M	$5.00M	$4.90M	$5.00M	$6.00M	$6.00M
Share buybacks	$5.10M	—	—	—	—	—	—	$0	$0	—	—	$94.00M
Stock-based compensation	$4.30M	$4.20M	$3.60M	$3.60M	$3.30M	$5.00M	$4.00M	$8.00M	$6.20M	$7.00M	$12.00M	$7.00M
Depreciation & amortization	-$38.50M	$22.10M	$22.20M	$22.20M	-$34.90M	—	—	—	—	—	—	—

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.