JBT MAREL Corp

Listed Company

JBTMCIK 0001433660NYSELarge AcceleratedSpecial Industry Machinery (No Metalworking Machinery)DelawareFY ends Dec 31

Period

FY 2025

Revenue

$3.80B

Net Income

$-50.50M

Total Assets

$8.19B

Equity

$4.46B

Shares Out

52.07M

Op. Cash Flow

$341.70M

JBTM$134.04+0.37% · past yearDBEQ Basic

Daily closing prices

Business

JBT Marel Corporation is a global technology solutions and service provider to the food and beverage industry, designing and manufacturing sophisticated processing systems and equipment. The company offers primary processing, secondary processing, and value-added processing solutions across poultry, beef, pork, seafood, dairy, bakery, pet food, and beverage segments. JBT Marel operates through Protein Solutions and Prepared Food and Beverage Solutions segments with manufacturing and distribution facilities worldwide.

Summary from 10-K filed 2026-03-02

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	3,798	1,716	1,664	1,590	1,401
Cost of sales	2,464	1,090	1,079	1,061	—
Selling, general and administrative expense	1,116	507	410	390	—
Restructuring expense	29	1	11	7	5
Operating income	189	118	165	133	126
Pension expense, other than service cost	149	27	700,000	0	−1
Interest (income)	−11	−24	−13	4	4
Interest expense	114	19	24	16	11
Loss on investment	11	0	0	—	—
Other (income)	−11	0	0	—	—
(Loss) income from continuing operations before income taxes	−62	95	153	120	120
Income tax (benefit) provision	−13	11	24	16	27
Equity in net earnings of unconsolidated affiliate	−400,000	−100,000	−300,000	0	0
(Loss) income from continuing operations	−50	85	129	104	93
Loss (gain) from discontinued operations, net of income taxes	−800,000	800,000	453	34	27
Net (loss) income	−51	85	583	137	119
Continuing operations (in Dollars per share)	−0.96	2.65	4.04	3.24	2.89
Discontinued operations (in Dollars per share)	−0.02	0.02	14.17	1.05	0.83
Net income (in Dollars per share)	−0.98	2.67	18.21	4.29	3.72
Continuing operations (in Dollars per share)	−0.96	2.63	4.02	3.23	2.88
Discontinued operations (in Dollars per share)	−0.02	0.02	14.11	1.05	0.83
Net income (in Dollars per share)	−0.98	2.65	18.13	4.28	3.71
Basic (in Shares)	52	32	32	32	32
Diluted (in Shares)	52	32	32	32	32

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	168	1,228	483	72	79
Restricted cash	19	0	0	—	—
Trade receivables, net of allowances	443	240	214	201	239
Contract assets	119	95	75	65	94
Inventories	644	233	239	264	229
Other current assets	192	67	89	76	77
Total current assets	1,583	1,863	1,100	927	719
Property, plant and equipment, net of accumulated depreciation of $392.1 and $320.4, respectively	793	234	248	245	268
Goodwill	3,428	769	780	770	647
Intangible assets, net	2,122	341	389	430	343
Other assets	264	207	194	183	128
Total Assets	8,191	3,414	2,710	2,641	2,141
Short-term debt	412	0	—	—	—
Accounts payable, trade and other	262	131	135	171	186
Advance and progress payments	518	194	172	174	190
Accrued payroll	170	55	60	50	57
Other current liabilities	261	155	115	112	117
Total current liabilities	1,622	536	484	624	550
Long-term debt	1,470	1,252	646	977	674
Accrued pension and other post-retirement benefits, less current portion	21	19	25	32	58
Other liabilities	231	41	66	91	109
Commitments and contingencies (Note 18)	—	—	—	—	—
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2025 or 2024	0	0	0	0	0
Common stock, $0.01 par value; 120,000,000 shares authorized; 2025: 51,974,355 issued and outstanding; 2024: 31,861,680 issued, and 31,843,794 outstanding	500,000	300,000	300,000	300,000	300,000
Common stock held in treasury, at cost; 2025: 0 shares; 2024: 17,886 shares	0	−2	−7	−5	0
Additional paid-in capital	2,717	234	228	221	214
Retained earnings	1,465	1,536	1,464	894	733
Accumulated other comprehensive income (loss)	281	−225	−196	−204	−197
Total stockholders equity	4,464	1,544	1,489	905	751
Total Liabilities and Stockholders Equity	8,191	3,414	2,710	2,641	2,141
Deferred Income Taxes and Other Tax Liabilities, Noncurrent	383	22	—	—	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation	87	32	31	31	32
Amortization	179	58	61	46	40
Stock-based compensation	23	15	11	9	6
Pension and other post-retirement benefits expense	148	29	2	2	900,000
Deferred income taxes	−80	−26	−22	−19	−3
Loss on deal contingent hedge	0	42	0	0	—
Other	60	12	7	9	3
Trade receivables, net and contract assets	14	−59	−22	−28	−29
Inventories	−54	4	27	−47	−37
Accounts payable, trade and other	−16	600,000	−32	29	32
Advance and progress payments	21	32	−2	−8	46
Accrued pension and other post-retirement benefits, net	−5	−3	−12	−4	−13
Income taxes on gain from sale of AeroTech	0	0	−133	0	0
Other assets and liabilities, net	15	13	29	13	5
Cash provided by continuing operating activities	342	233	74	135	175
Acquisitions, net of cash acquired	−1,746	0	−100,000	−330	−225
(Payments) proceeds from discontinued operations	−100,000	−5	793	0	—
Investment in unconsolidated affiliate	0	0	−10	0	0
Capital expenditures	−104	−38	−55	−85	−52
Proceeds from disposal of assets	7	1	2	1	6
Purchase of marketable securities	0	0	−125	0	0
Proceeds from sale of marketable securities	0	0	125	0	0
Cash (required) provided by continuing investing activities	−1,843	−41	729	−413	−271
Net proceeds (payments) from short-term debt	1	0	−700,000	400,000	−3
Repayment of domestic credit facility	−2,382	0	−1,027	292	83
Repayment of Term Loan B	7	0	0	—	—
Repayment of Term Loan B	−8	−3	−2	−1	−2
Proceeds from issuance of 2030 convertible senior notes, net of debt issuance costs	559	0	0	0	391
Purchase of convertible bond hedge	−79	0	0	—	—
Proceeds from sale of warrants	51	0	0	0	30
Acquisition of noncontrolling interest of Marel	−24	0	0	—	—
Settlement of deal contingent hedge	−43	0	0	—	—
Proceeds from settlement of cross currency swaps	0	0	6	0	0
Common stock repurchases	0	0	−5	−8	0
Dividends	−21	−13	−13	−13	−13
Other	−2	−1	0	0	—
Cash provided (required) by continuing financing activities	458	562	−354	271	81
Net (decrease) increase in cash from continuing operations	−1,043	753	449	−7	−15
Cash provided (required) by operating activities of discontinued operations, net	0	1	−35	7	51
Cash required by investing activities of discontinued operations, net	0	0	−3	−3	−2
Net cash provided (required) by discontinued operations	0	1	−38	4	48
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	1	−9	−1	−3	−2
Net increase (decrease) in cash, cash equivalents and restricted cash	−1,042	745	410	−6	31
Interest paid	100	8	21	13	9
Non-cash investing in capital expenditures, accrued but not paid	4	600,000	4	12	9

Filings

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Frequently asked questions

What is JBT MAREL Corp's CIK number?

JBT MAREL Corp's SEC CIK number is 0001433660 (1433660). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find JBT MAREL Corp's SEC filings?

All of JBT MAREL Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did JBT MAREL Corp last report earnings?

JBT MAREL Corp (JBTM) most recently filed an earnings 8-K with the SEC on May 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-029903). This is JBT MAREL Corp's most recent earnings filing of record — not a forecast of its next earnings date.

What is JBT MAREL Corp's most recent earnings 8-K?

JBT MAREL Corp's latest earnings 8-K (Item 2.02) was filed May 4, 2026 under accession 0001628280-26-029903. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View JBT MAREL Corp's latest earnings 8-K →
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