JBTM Q4 2023 Earnings — JBT Marel Corporation Revenue & Financial Results | Market Cap Arena

JBTMJBT Marel Corporation

$8B

Q4 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$445M-25.8% YoY

Gross Profit

$161M36.2% margin

Operating Income

$55M12.4% margin

Net Income

$81M18.2% margin

EPS (Diluted)

$2.52

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

-$28M

Free Cash Flow

-$37M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$483M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$445M	$599M	-25.8%
Gross Profit	$161M	$167M	-3.6%
Operating Income	$55M	$50M	+10.9%
Net Income	$81M	$38M	+116.3%