JBT Marel (JBTM)
Integrated processing equipment, software and lifecycle services for food and beverage producers.
$112.70
After hours−0.64 (−0.56%)
At close$113.34(+2.55%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 404 | 445 | 392 | 402 | 454 | 468 | 854 | 935 | 1,001 | 1,008 | 936 | 981 |
| Cost of revenue | 259 | 284 | 252 | 259 | 290 | 288 | 562 | 601 | 642 | 660 | 607 | 622 |
| Gross profit | 145 | 161 | 140 | 143 | 164 | 179 | 293 | 334 | 360 | 348 | 329 | 359 |
| 108 | 106 | 111 | 116 | 117 | 164 | 326 | 286 | 258 | 276 | 261 | 313 | |
| Research & development | 0 | 21 | 6 | 0 | 0 | 0 | 34 | 31 | 29 | 7 | 0 | 0 |
| 102 | 102 | 104 | 116 | 117 | 163 | 282 | 250 | 216 | 269 | 261 | 313 | |
| Selling & marketing | 0 | 0 | −6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 102 | 0 | 110 | 116 | 117 | 0 | 0 | 0 | 0 | 269 | 0 | 0 |
| Other expenses | 6 | −17 | 1 | 0 | 0 | 0 | 11 | 5 | 13 | 0 | 0 | 0 |
| Operating income | 37 | 55 | 29 | 27 | 47 | 16 | −33 | 48 | 102 | 72 | 68 | 46 |
| −1 | 3 | 2 | 1 | 1 | −26 | −186 | −37 | −18 | −13 | −8 | −11 | |
| Interest income | 5 | 0 | 6 | 6 | 6 | 6 | 1 | 3 | 0 | 0 | 0 | 0 |
| Interest expense | 6 | 4 | 3 | 4 | 4 | 8 | 42 | 32 | 21 | 12 | 10 | 13 |
| Other non-operating income | −4 | −4 | −5 | −5 | −5 | 18 | 143 | 5 | −3 | 1 | −2 | −2 |
| Income before tax | 36 | 58 | 31 | 27 | 48 | −11 | −219 | 11 | 84 | 59 | 60 | 35 |
| Income tax expense | 5 | 6 | 8 | −3 | 10 | −4 | −46 | 8 | 17 | 6 | 15 | 7 |
| Net income from continuing operations | 31 | 53 | 23 | 31 | 38 | −7 | −173 | 3 | 67 | 53 | 45 | 28 |
| Discontinued operations | 411 | 28 | 0 | 0 | 1 | 0 | 0 | 0 | −1 | 0 | 0 | 0 |
| Net income | 442 | 81 | 23 | 31 | 39 | −7 | −173 | 3 | 66 | 53 | 45 | 28 |
| EPS, basic | $14.60 | $2.54 | $0.71 | $0.96 | $1.22 | −$0.22 | −$3.35 | $0.07 | $1.28 | $1.02 | $0.86 | $0.54 |
| EPS, diluted | $14.54 | $2.52 | $0.71 | $0.95 | $1.21 | −$0.22 | −$3.35 | $0.07 | $1.28 | $1.01 | $0.86 | $0.54 |
| Weighted average shares, basic | 32 | 32 | 32 | 32 | 32 | 32 | 52 | 52 | 52 | 52 | 52 | 52 |
| Weighted average shares, diluted | 32 | 32 | 32 | 32 | 32 | 32 | 52 | 52 | 52 | 52 | 52 | 52 |
| EBITDA | 64 | 67 | 56 | 54 | 74 | 21 | −116 | 126 | 161 | 132 | 138 | 114 |
| Depreciation & amortization | 23 | 8 | 22 | 22 | 22 | 23 | 61 | 83 | 55 | 61 | 68 | 66 |
| EBIT | 41 | 59 | 34 | 32 | 52 | −2 | −177 | 43 | 105 | 71 | 70 | 48 |
