JBTM Q1 2023 Earnings — JBT Marel Corporation Revenue & Financial Results | Market Cap Arena

JBTMJBT Marel Corporation

$8B

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$389M-17.2% YoY

Gross Profit

$133M34.2% margin

Operating Income

$28M7.3% margin

Net Income

$27M7.0% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-35.2%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.7B

Stockholders' Equity

$891M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$389M	$469M	-17.2%
Gross Profit	$133M	$140M	-4.7%
Operating Income	$28M	$31M	-7.2%
Net Income	$27M	$26M	+6.3%