JBTM Q2 2023 Earnings — JBT Marel Corporation Revenue & Financial Results | Market Cap Arena

JBTMJBT Marel Corporation

$8B

Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$428M+8.6% YoY

Gross Profit

$147M34.4% margin

Operating Income

$44M10.4% margin

Net Income

$33M7.6% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

+10.1%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.7B

Stockholders' Equity

$921M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$428M	$394M	+8.6%
Gross Profit	$147M	$129M	+14.4%
Operating Income	$44M	$32M	+38.4%
Net Income	$33M	$33M	-2.1%