Janus International Group Reports 2024 Financial Results

Janus International Group, Inc. ( (JBI) ) has released its Q4 earnings. Here is a breakdown of the information Janus International Group, Inc. presented to its investors.

Janus International Group, Inc. is a leading global manufacturer and supplier of self-storage, commercial, and industrial building solutions, specializing in access control technologies and building product solutions. The company operates in the self-storage and commercial sectors, offering a range of products including roll-up doors, hallway systems, and automation technologies.

In its latest earnings report, Janus International Group announced a total revenue of $963.8 million for the year 2024, alongside a net income of $70.4 million. The company also reported an adjusted EBITDA of $208.5 million, reflecting a margin of 21.6%. Despite challenging market conditions, the company remains optimistic about its long-term growth prospects.

Key financial highlights include a 9.6% decrease in total revenue compared to 2023, driven by declines in both self-storage and commercial segments. The company also saw a significant decrease in net income and adjusted EBITDA, attributed to decreased revenue and increased operating expenses. However, Janus successfully integrated the acquisition of TMC, contributing $27.2 million to the year’s revenue, and launched new products like the Nokē Ion and NS door.

Looking forward, Janus International Group has introduced its full-year 2025 revenue and adjusted EBITDA guidance, projecting revenue between $860 million and $890 million and adjusted EBITDA between $175 million and $195 million. The company reaffirms its commitment to organic growth and maintaining strong margins through its best-in-class offerings and strategic execution.

With a strong balance sheet and robust customer relationships, Janus International Group is poised to continue delivering market-leading products and services, aiming for long-term value creation for its stakeholders.