JBTM Q2 2024 Earnings — JBT Marel Corporation Revenue & Financial Results | Market Cap Arena

JBTMJBT Marel Corporation

$8B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$402M-5.9% YoY

Gross Profit

$143M35.6% margin

Operating Income

$27M6.7% margin

Net Income

$31M7.6% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$11M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$474M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$402M	$428M	-5.9%
Gross Profit	$143M	$147M	-2.7%
Operating Income	$27M	$44M	-39.5%
Net Income	$31M	$33M	-6.1%