JBTMJBT Marel Corporation

$8B

Q3 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$404M+1.2% YoY

Gross Profit

$145M35.9% margin

Operating Income

$37M9.1% margin

Net Income

$442M109.4% margin

EPS (Diluted)

$14.54

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.3B

Stockholders' Equity

$1.4B

Cash & Equivalents

$402M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$404M	$399M	+1.2%
Gross Profit	$145M	$136M	+6.9%
Operating Income	$37M	$35M	+6.0%
Net Income	$442M	$34M	+1191.2%

JBTM Q3 2023 Earnings — JBT Marel Corporation Revenue & Financial Results | Market Cap Arena