JBTM Q1 2024 Earnings — JBT Marel Corporation Revenue & Financial Results | Market Cap Arena

JBTMJBT Marel Corporation

$8B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$392M+1.0% YoY

Gross Profit

$140M35.8% margin

Operating Income

$29M7.4% margin

Net Income

$23M5.8% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

-11.8%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$300,000

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$479M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$392M	$389M	+1.0%
Gross Profit	$140M	$133M	+5.6%
Operating Income	$29M	$28M	+2.5%
Net Income	$23M	$27M	-16.2%