JBTMarel Corp

JBTMarel Corp

JBTM · NYSE · Industrials / Specialty Industrial Machinery

125.54USD+0.37 (+0.30%)

Price History

Full chart

Market Stats

Previous Close125.17
Open126.04
Day Range124.06 – 128.90
52-Week Range109.22 – 169.81
Volume291.62K
Market Cap5.77B
P/E (TTM)29.96
Forward P/E12.22
EPS3.71
Dividend Yield0.36%
Beta0.92
50-Day Avg121.17
200-Day Avg136.49

About

JBT Marel Corporation provides technology solutions to food and beverage industry in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through Protein Solutions and Prepared Food and Beverage Solutions. It offers value-added processing that includes equipment, solutions, software and services, stunning, slaughtering, scalding/dehairing, chilling, mixing/grinding, separation, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, labeling, and packaging solutions to the food, beverage, and health market. The company also provides automated guided vehicle systems for material handling requirements in the automotive manufacturing, warehouse, and medical facilities. It serves poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, plant-based meat alternatives, dairy, bakery, pet foods, soups, sauces, juices, and aqua feed industries. The company markets and sells its products and solutions through direct sales force, independent distributors, sales representatives, and technical service teams. The company was formerly known as John Bean Technologies Corporation and changed its name to JBT Marel Corporation in January 2025. JBT Marel Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Brian A. Deck
  • Employees11.50K
  • Headquarters333 West Wacker Drive, Chicago, IL, United States, 60606, USA
  • Websitehttps://jbtmarel.com

Leadership

  • Mr. Brian A. DeckCEO & Director · b. 1969
  • Mr. Arni SigurdssonPresident · b. 1983
  • Mr. Matthew J. MeisterExecutive VP & CFO · b. 1979
  • Mr. Robert James PetrieExecutive VP & President of Meat and Prepared Foods · b. 1970
  • Mr. Roger ClaessensExecutive VP & President of Poultry · b. 1976
  • Marlee SpanglerDirector of Investor Relations
  • Mr. James C. Pelletier J.D.EVP, General Counsel & Secretary · b. 1978
  • Ms. Shelley Rae-K. BridarolliExecutive VP & Chief Human Resources Officer · b. 1971
  • Mr. Jack MartinExecutive VP & Chief Supply Chain Officer · b. 1964
  • Mr. Luiz RizzoloExecutive VP and President of Diversified Food & Health · b. 1979

Financials

Income Statement

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue844.30M978.00M1.03B841.60M880.40M955.80M917.30M934.20M984.20M1.11B1.35B1.64B1.92B1.95B1.73B1.40B1.59B1.66B1.72B3.80B
Growth (%)-+15.84%+5.12%-18.14%+4.61%+8.56%-4.03%+1.84%+5.35%+12.51%+21.96%+21.07%+17.41%+1.35%-11.20%-18.93%+13.53%+4.66%+3.10%+121.34%
Cost of Revenue631.10M740.80M776.30M621.20M645.80M721.20M686.50M699.00M719.50M790.40M969.80M1.16B1.38B1.35B1.19B918.70M1.06B1.08B1.09B2.46B
Gross Profit213.20M237.20M251.80M220.40M234.60M234.60M230.80M235.20M264.70M316.90M380.70M470.70M537.60M598.10M533.70M482.10M529.40M585.70M626.50M1.33B
Gross Margin25.25%24.25%24.49%26.19%26.65%24.54%25.16%25.18%26.89%28.62%28.19%28.79%28.00%30.74%30.89%34.42%33.29%35.19%36.51%35.14%
Operating Expense162.90M172.50M174.90M162.70M167.50M181.40M169.90M182.00M214.00M227.90M279.70M326.90M393.80M409.90M370.60M356.50M396.80M421.00M508.10M1.15B
Operating Income50.30M64.70M76.90M57.70M67.10M53.20M60.90M53.20M50.70M89.00M101.00M143.80M143.80M188.20M163.10M125.60M132.60M164.70M118.40M189.40M
Operating Margin5.96%6.62%7.48%6.86%7.62%5.57%6.64%5.69%5.15%8.04%7.48%8.79%7.49%9.67%9.44%8.97%8.34%9.90%6.90%4.99%
EBITDA73.50M89.80M95.80M80.30M90.00M77.90M85.00M80.40M77.60M118.60M141.90M197.50M200.60M251.30M231.20M202.80M212.50M268.70M204.20M301.60M
EBITDA Margin8.71%9.18%9.32%9.54%10.22%8.15%9.27%8.61%7.88%10.71%10.51%12.08%10.45%12.92%13.38%14.48%13.36%16.14%11.90%7.94%
Net Income34.60M36.40M44.20M32.80M37.30M30.50M36.20M33.10M30.80M55.90M67.60M80.50M104.10M129.00M108.80M119.10M137.40M582.60M85.40M-50.50M
Net Income Margin4.10%3.72%4.30%3.90%4.24%3.19%3.95%3.54%3.13%5.05%5.01%4.92%5.42%6.63%6.30%8.50%8.64%35.00%4.98%-1.33%
R&D16.20M18.70M22.00M17.10M17.50M18.50M14.30M14.00M14.60M18.20M23.60M28.70M-------100.40M
R&D as % of Total Revenue1.92%1.91%2.14%2.03%1.99%1.94%1.56%1.50%1.48%1.64%1.75%1.76%-------2.64%
Interest Expense--3.80M8.80M7.80M7.00M7.40M7.60M7.60M6.80M9.40M13.60M13.90M18.80M13.90M11.20M16.30M24.30M19.40M107.50M
Interest Expense % of Total Revenue--0.37%1.05%0.89%0.73%0.81%0.81%0.77%0.61%0.70%0.83%0.72%0.97%0.80%0.80%1.02%1.46%1.13%2.83%

Balance Sheet

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets516.60M573.90M591.30M520.40M582.20M592.20M678.00M621.20M697.80M876.10M1.19B1.39B1.44B1.91B1.81B2.14B2.64B2.71B3.41B8.20B
Total Liabilities326.60M359.70M600.10M458.60M489.20M512.40M572.40M466.80M578.60M746.40M1.01B949.50M985.60M1.35B1.17B1.39B1.74B1.22B1.87B3.73B
Total Equity190.00M214.20M-8.80M61.80M93.00M79.80M105.60M154.40M119.20M129.70M179.90M441.90M456.90M569.50M637.10M750.20M905.40M1.49B1.54B4.46B
Cash10.30M9.50M43.60M14.40M13.70M9.00M99.00M29.40M33.30M37.20M33.20M34.00M43.00M39.50M47.50M78.80M71.70M483.30M1.23B186.50M
Total Debt--185.00M131.80M145.40M140.10M191.10M100.40M178.00M282.80M498.70M383.20M387.60M699.20M524.90M674.40M977.90M646.40M1.25B1.88B
Net Debt-10.30M-9.50M141.40M117.40M131.70M131.10M92.10M71.00M144.70M245.60M465.50M349.20M344.60M659.70M477.40M595.60M906.20M163.10M23.70M1.70B

Cash Flow

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow96.00M33.70M81.80M54.10M17.50M36.40M86.00M62.00M77.70M111.90M67.40M104.60M153.90M110.20M252.00M223.80M142.30M39.60M233.60M341.70M
Investing Cash Flow-20.00M-12.10M-24.60M-24.80M-23.70M-21.40M-32.60M-28.10M-126.60M-185.10M-266.80M-139.90M-94.40M-401.70M-37.30M-272.90M-416.10M725.90M-41.30M-1.84B
Financing Cash Flow-68.90M-23.20M-22.10M-60.20M4.90M-18.50M36.10M-101.60M61.90M83.90M194.90M34.70M-48.30M287.50M-207.40M80.80M270.60M-354.10M561.80M458.10M
Capital Expenditure22.70M23.00M22.90M19.80M24.30M20.80M24.70M29.20M36.70M37.70M37.10M37.90M39.80M37.90M34.30M51.70M84.60M55.10M37.90M103.60M
Free Cash Flow73.30M10.70M58.90M34.30M-6.80M15.60M61.30M32.80M41.00M74.20M30.30M66.70M114.10M72.30M217.70M172.10M57.70M-15.50M195.70M238.10M
Dividends Paid-24.10M205.80M7.70M8.10M8.40M8.50M10.10M10.70M11.20M11.80M12.70M13.10M12.70M12.80M12.80M13.10M12.80M13.10M20.90M
FCF to OCF76.35%31.75%72.00%63.40%-38.86%42.86%71.28%52.90%52.77%66.31%44.96%63.77%74.14%65.61%86.39%76.90%40.55%-39.14%83.78%69.68%
Dividend Paid to FCF-225.23%349.41%22.45%-119.12%53.85%13.87%30.79%26.10%15.09%38.94%19.04%11.48%17.57%5.88%7.44%22.70%-82.58%6.69%8.78%

Earnings

Report DateNov 10, 2008Mar 4, 2009May 4, 2009Aug 3, 2009Nov 3, 2009Mar 2, 2010May 10, 2010Aug 3, 2010Nov 2, 2010Mar 2, 2011May 9, 2011Aug 2, 2011Nov 1, 2011Mar 7, 2012May 2, 2012Aug 6, 2012Nov 5, 2012Mar 7, 2013May 7, 2013Aug 6, 2013Oct 30, 2013Mar 4, 2014May 6, 2014Aug 6, 2014Nov 5, 2014Feb 18, 2015Apr 29, 2015Jul 27, 2015Oct 27, 2015Feb 24, 2016Apr 26, 2016Jul 26, 2016Oct 26, 2016Feb 28, 2017Apr 25, 2017Jul 31, 2017Oct 23, 2017Feb 27, 2018May 1, 2018Jul 25, 2018Oct 31, 2018Feb 25, 2019Apr 30, 2019Jul 29, 2019Oct 28, 2019Feb 19, 2020Apr 30, 2020Jul 27, 2020Oct 27, 2020Feb 22, 2021Apr 26, 2021Jul 27, 2021Oct 27, 2021Feb 22, 2022Apr 26, 2022Jul 27, 2022Oct 26, 2022Feb 21, 2023Apr 25, 2023Aug 1, 2023Oct 24, 2023Feb 20, 2024May 1, 2024Jul 30, 2024Oct 22, 2024Feb 24, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 24, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate0.26-0.110.240.250.33-0.270.31-0.130.350.30-0.100.240.20-0.190.270.250.47-0.300.30-0.170.430.37-0.290.570.57-0.530.510.78-0.361.051.111.38-1.071.081.41-0.740.701.020.781.011.180.920.561.221.191.400.740.811.001.360.831.251.411.820.861.281.511.901.482.022.09
EPS Actual0.290.360.190.370.290.370.140.280.320.540.170.350.280.250.140.270.210.630.140.300.270.54-0.160.450.360.510.270.480.430.700.340.670.700.770.590.580.820.600.341.241.061.650.621.421.281.500.901.090.831.020.901.191.020.920.871.131.271.490.940.971.111.400.851.051.501.70-3.351.491.941.981.581.95-
Surprise11.54%-72.73%54.17%16.00%12.12%-3.70%3.23%-30.77%0.00%-6.67%-40.00%12.50%5.00%--26.32%11.11%8.00%14.89%-50.00%20.00%-58.82%11.63%16.22%-17.24%17.54%22.81%-11.32%13.73%5.13%--5.56%18.10%-4.50%19.57%-32.71%18.52%6.38%-47.30%18.57%0.00%15.38%17.82%-13.56%0.00%55.36%-7.38%6.72%6.43%27.03%19.75%11.00%2.94%2.41%-16.00%6.38%-6.59%-489.53%16.41%28.48%4.21%6.76%-3.47%-
TimingPre-market-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.77B
Enterprise Value7.46B
Trailing P/E29.96
Forward P/E12.22
PEG Ratio1.22
Price / Sales1.47
Price / Book1.31
EPS3.71
Book Value86.54
Revenue (TTM)3.93B
Gross Profit (TTM)1.40B
EBITDA637.40M
Profit Margin4.90%
Operating Margin8.05%
Return on Equity4.37%
Return on Assets3.13%
Shares Outstanding51.88M
Shares Float51.14M
Beta0.92
Dividend Yield0.36%
Dividend Rate0.40
Payout Ratio5.37%

Analyst Ratings

Buy
Based on 6 analystsTarget 167.06
  • Strong Buy
    2
  • Buy
    1
  • Hold
    2
  • Sell
    1

Ownership Breakdown

Institutions
109.25%
Insiders
0.70%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    7.67M14.78%
  • Vanguard Portfolio Management, LLC
    2.81M5.42%
  • T. Rowe Price Associates, Inc.
    2.75M5.30%
  • Vanguard Capital Management, LLC
    2.33M4.49%
  • T. Rowe Price Investment Management,Inc.
    2.08M4.00%
  • State Street Corp
    2.00M3.85%
  • UBS Asset Mgmt Americas Inc
    1.68M3.23%
  • Lifeyrissjodur verzlunarmanna (Pension Fund of Commerce)
    1.60M3.08%
  • Geode Capital Management, LLC
    1.28M2.47%
  • Kayne Anderson Rudnick Investment Management LLC
    1.07M2.07%
  • Gildi - lifeyrissjodur
    1.07M2.06%
  • AllianceBernstein L.P.
    907.21K1.75%
  • Royce & Associates, LP
    790.05K1.52%
  • Adage Capital Partners Gp LLC
    742.22K1.43%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.17M6.12%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.66M3.20%
  • iShares Russell 2000 ETF
    1.35M2.60%
  • Invesco Small Cap Value A
    1.29M2.50%
  • Vanguard Small Cap Index
    1.20M2.31%
  • T. Rowe Price Mid-Cap Value
    914.79K1.76%

Dividends

20263×
0.10Aug 17, 20260.10May 26, 20260.10Mar 9, 2026
20254×
0.10Dec 15, 20250.10Aug 18, 20250.10May 27, 20250.10Mar 10, 2025
20244×
0.10Dec 13, 20240.10Aug 19, 20240.10May 22, 20240.10Mar 8, 2024
20234×
0.10Dec 15, 20230.10Aug 18, 20230.10May 24, 20230.10Mar 3, 2023
20224×
0.10Dec 16, 20220.10Aug 19, 20220.10May 25, 20220.10Mar 4, 2022
20214×
0.10Dec 10, 20210.10Aug 20, 20210.10May 26, 20210.10Mar 5, 2021
20201×
0.10Dec 11, 2020