Friday 6 November 2026 Export JBTM’s income statement to Excel — free account

JBT Marel Corporation

JBTM Industrials Specialty Industrial Machinery

JBT Marel Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 121.3% from fiscal 2024.

Revenue: −0.70%
EPS: +7.87%
Free cash flow: +30.4%
Total debt: −11.2%

Quarter to September 2026, against a year earlier

126.78 0.51 +0.40%

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Market cap: $6.5B
P/E: 33.5×
Fwd P/E: 24.9×
Dividend yield: 0.32%
F-score: 4/9
Altman Z: 2.05
Beneish M: −1.31
Dividend safety: 47/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

JBT Marel Corporation (JBTM) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2024: revenue by segment, and margins
Prepared Food and Beverage Solutions	1,547	90.17%
Protein Solutions	169	9.83%
Gross margin		36.51%
Operating margin		6.90%
Pre-tax margin		5.56%

Revenue by product or service $m

Line	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Non-Recurring	873 50.89%	819 49.19%	839 52.77%	739 52.74%	—	—	—	—	—
Recurring	843 49.11%	846 50.81%	751 47.23%	662 47.26%	—	—	—	—	—
Also reported: a second breakdown of the same revenue
Product	1,551 90.38%	1,498 90.00%	1,443 90.74%	1,268 90.52%	1,498 86.72%	1,684 86.55%	1,660 86.46%	1,377 84.20%	1,133 83.90%
Service	165 9.62%	166 10.00%	147 9.26%	133 9.48%	230 13.28%	262 13.45%	260 13.54%	258 15.80%	217 16.10%
Revenue	1,716	1,664	1,590	1,401	1,728	1,946	1,920	1,635	1,351

Gross profit by product or service $m, and margin

	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product	‡	‡	‡	‡	‡	‡	‡	‡	‡
Service	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2011	FY2010
Prepared Food and Beverage Solutions	2,082 54.82%	1,547 90.17%	1,477 88.72%	—	—	—	—	—	—	—	—	—	—
Protein Solutions	1,716 45.18%	169 9.83%	188 11.28%	—	—	—	—	—	—	—	—	—	—
Food Tech	—	—	—	1,235 71.45%	1,329 68.33%	1,361 70.92%	—	—	—	—	—	—	—
Aero Tech	—	—	—	493 28.55%	616 31.65%	558 29.07%	—	—	—	—	—	—	—
Also reported: a second breakdown of the same revenue
JBT Food Tech	—	—	—	1,235 71.45%	1,329 68.33%	1,361 70.92%	1,172 71.67%	928 68.72%	725 65.48%	635 64.49%	611 65.40%	588 61.54%	521 59.15%
JBT Aero Tech	—	—	—	493 28.55%	616 31.65%	558 29.07%	463 28.32%	423 31.28%	383 34.60%	350 35.58%	323 34.62%	362 37.84%	351 39.89%
Other Revenue And Intercompany Eliminations	—	—	—	—	—	—	—	—	—	—	0 (0.02%)	6 0.62%	8 0.95%
Revenue	3,798	1,716	1,664	1,728	1,946	1,920	1,635	1,351	1,107	984	934	956	880

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2011	FY2010
Food Tech	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Aero Tech	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Non-US	2,359 62.12%	784 45.67%	715 42.96%	704 44.26%	—	694 40.16%	812 41.73%	857 44.63%	668 40.85%	543 40.19%	506 45.73%	472 47.93%	473 50.65%	442 48.16%	487 50.93%	435 49.44%
United States	1,439 37.88%	932 54.33%	949 57.04%	886 55.74%	—	1,034 59.84%	1,134 58.27%	1,063 55.37%	967 59.15%	808 59.81%	601 54.27%	513 52.07%	461 49.34%	476 51.84%	469 49.07%	445 50.56%
Also reported: a second breakdown of the same revenue
U.S. and Canada	—	—	—	958 60.25%	777 55.47%	—	—	—	—	—	—	—	—	—	—	—
Europe, Middle East and Africa	—	—	—	395 24.84%	364 25.99%	—	—	—	—	—	—	—	—	—	—	—
Asia Pacific	—	—	—	141 8.84%	174 12.44%	—	—	—	—	—	—	—	—	—	—	—
Latin America	—	—	—	97 6.07%	86 6.11%	—	—	—	—	—	—	—	—	—	—	—
Revenue	3,798	1,716	1,664	1,590	1,401	1,728	1,946	1,920	1,635	1,351	1,107	984	934	917	956	880

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Inbound orders	Q3 FY2026	$976.0M	$946.3M	+3.14%
Orders backlog	Q3 FY2026	$1.5B	$1.3B	+13.23%
Remaining performance obligations	Q3 FY2026	$1.5B	$1.3B	+15.38%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019	Q4 FY2018	Q3 FY2018	Q2 FY2018	Q1 FY2018
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.