Janus International Group (JBI) AI Stock Analysis

• Market Cap: $729.01M
• Dividend Yield: N/A
• Average Volume (3M): 2.03M
• Price to Earnings (P/E): 17.2
• Beta (1Y): 1.01
• Revenue Growth: -10.84%
• EPS Growth: -53.49%
• Country: US
• Employees: 1,883
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 0.11
• Shares Outstanding: 138,858,170
• 10 Day Avg. Volume: 2,403,367
• 30 Day Avg. Volume: 2,029,920
• PEG Ratio: -0.76
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 1.04
• P/FCF Ratio: 8.10
• Enterprise Value/Market Cap: 1.60
• Enterprise Value/Revenue: 1.32
• Enterprise Value/Gross Profit: 3.49
• Enterprise Value/Ebitda: 5.96
• 1Y Price Target: $8.13
• Price Target Upside: 54.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.61
• Revenue Forecast (FY): $889.16M

• Rating: 62 Neutral
• Price Target: $5.50 ▲(4.76% Upside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score reflects strong balance-sheet improvement and still-solid cash generation, alongside constructive 2026 guidance and margin/cash-flow execution. These positives are tempered by the sharp recent revenue/profitability deterioration and clearly bearish technicals with the stock trading well below key moving averages.

Positive Factors

Very low leverage and stronger balance sheet

A substantially reduced debt load and ~0.01 debt-to-equity materially lower financial risk, giving Janus durable flexibility to fund operations, absorb cyclical downturns, pursue M&A (like Kiwi), and maintain investment in product and cost programs without stressing liquidity or covenant risk.

Strong operating and free cash generation

Consistent positive OCF and meaningful FCF provide a lasting source of internal funding for capex, integration of acquisitions, and shareholder returns. Healthy cash conversion supports deleveraging, share repurchases and cushions against weaker revenue periods, enhancing long-term financial resilience.

Nokē product momentum and scale

Rapid Nokē adoption signals durable product-market fit and recurring attach opportunities. Hitting ~500k units is framed as a breakeven/inflection point that can sustainably lift margins over time via software/recurring revenue, increasing lifetime customer value and differentiation vs. commodity door suppliers.

Negative Factors

Sharp revenue decline and operating profitability hit

A half-year-scale revenue contraction and negative EBITDA materially erode earnings quality and predictability. If lower volumes persist, fixed-cost absorption, pricing leverage and investment returns are impaired, increasing risk to cash flow, margins, and the company’s ability to execute long-term plans.

Kiwi II acquisition may be near-term margin drag

Acquiring lower‑margin assets that initially report low‑teens EBITDA and deliver back‑loaded synergies can depress consolidated margins and extend payoff timelines. Integration execution, retention payouts and realization of cost savings pose multi-quarter risks to sustainable margin improvement.

Exposure to new-construction cyclicality in self-storage

A material portion of revenue ties to new construction and renovation cycles, so prolonged weakness in non-institutional new builds or high interest rates can structurally depress volumes and utilization of manufacturing capacity, increasing revenue volatility and pressuring margins over several quarters.

Janus International Group Business Overview & Revenue Model

Company Description

Janus International Group, Inc. manufacturers, supplies, and provides turn-key self-storage, and commercial and industrial building solutions in North America and internationally. It offers roll up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies. The company also provides Noke smart entry system. Janus International Group, Inc. was founded in 2002 and is headquartered in Temple, Georgia.

How the Company Makes Money

Janus International Group generates revenue primarily through the sale of its self-storage solutions and commercial door products to storage facility operators, contractors, and builders. Key revenue streams include direct product sales, installation services, and maintenance contracts. The company benefits from strategic partnerships with construction firms and self-storage operators, which help to secure large contracts and ensure a steady demand for their products. Additionally, JBI's focus on product innovation and customer service enhances customer loyalty and repeat business, contributing further to its earnings.

Janus International Group Financial Statement Overview

Summary

Mixed fundamentals: the balance sheet is a standout (very low debt-to-equity ~0.01) and cash generation remains solid (positive operating and free cash flow with good conversion vs. net income). Offsetting this, the latest annual period shows a sharp revenue decline (~-51% YoY) and profitability deterioration (negative EBITDA margin), which weakens near-term earnings quality and visibility.

Income Statement

Profitability has weakened materially: revenue fell sharply in the latest annual period (down ~51% versus the prior year), and margins compressed (net margin ~6.1% vs. ~7.3% in 2024 and ~12.7% in 2023). Gross margin remains relatively solid (~38.8%), but the sharp drop in EBITDA into negative territory in the latest annual period (EBITDA margin ~-3.5%) signals a significant operating headwind or non-recurring drag. While the business was meaningfully more profitable in 2022–2023, the recent trend is clearly negative and reduces earnings quality/visibility.

Balance Sheet

Leverage appears very conservative in the latest annual period, with total debt dropping to ~$6.9M and a very low debt-to-equity ratio (~0.01), alongside a sizable equity base (~$572.5M) on ~$1.31B of assets. This is a major improvement versus 2020–2024 when debt-to-equity was elevated (roughly ~1.26–4.43), meaning financial risk looks substantially reduced. Return on equity in the latest year (~9.4%) is positive but down versus prior years, reflecting the recent earnings pressure rather than balance sheet strain.

Cash Flow

Cash generation remains a key strength: operating cash flow was ~$139.5M and free cash flow ~$114.0M in the latest annual period, with cash flow exceeding net income (operating cash flow to net income ~1.17x). However, free cash flow declined meaningfully year over year (about -18.6%), consistent with the weaker earnings backdrop. Overall, cash conversion still looks healthy, but the downward trajectory bears watching.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	884.20M	963.80M	1.07B	1.02B	750.10M
Gross Profit	306.10M	397.80M	449.70M	364.90M	251.30M
EBITDA	166.00M	193.90M	281.90M	224.90M	121.30M
Net Income	53.80M	70.40M	135.70M	107.70M	43.80M
Balance Sheet
Total Assets	1.30B	1.30B	1.35B	1.27B	1.12B
Cash, Cash Equivalents and Short-Term Investments	194.40M	149.30M	171.70M	78.40M	13.19M
Total Debt	622.90M	653.60M	667.30M	713.50M	718.15M
Total Liabilities	732.50M	782.50M	830.40M	895.30M	853.72M
Stockholders Equity	572.50M	518.80M	519.60M	375.30M	268.29M
Cash Flow
Free Cash Flow	114.00M	133.90M	196.00M	79.70M	54.90M
Operating Cash Flow	139.50M	154.00M	215.00M	88.50M	74.80M
Investing Cash Flow	-25.60M	-73.10M	-19.90M	-8.70M	-189.90M
Financing Cash Flow	-69.40M	-103.00M	-102.40M	-14.70M	82.80M

Janus International Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JBI, the sentiment is Negative. The current price of 5.25 is below the 20-day moving average (MA) of 6.11, below the 50-day MA of 6.66, and below the 200-day MA of 8.12, indicating a bearish trend. The MACD of -0.44 indicates Positive momentum. The RSI at 33.21 is Neutral, neither overbought nor oversold. The STOCH value of 51.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JBI.

Janus International Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JBI	62 Neutral	$729.01M	17.16	9.76%	―	-10.84%	-53.49%
SWIM	60 Neutral	$648.06M	66.46	-2.68%	―	4.12%	-198.38%
APOG	59 Neutral	$682.52M	11.74	8.07%	2.77%	1.19%	-56.98%
ROCK	54 Neutral	$1.15B	15.14	9.87%	―	-9.21%	-97.43%
NX	52 Neutral	$749.64M	-52.26	-30.23%	2.12%	43.81%	-584.11%
BXC	45 Neutral	$356.68M	2,188.09	2.20%	―	-0.19%	-50.51%

Janus International Group Corporate Events

Janus International Adds Independent Directors, Forms Innovation Committee

On March 5, 2026, Janus International Group appointed Jeannine Lane and Paul Vasington as independent Class II directors, with Lane becoming chair of the Nominating and Corporate Governance Committee and Vasington joining the Audit Committee and the new Innovation and Technology Committee. Their backgrounds in legal, compliance, risk oversight and global finance are expected to bolster the board’s governance, audit capabilities and strategic oversight as the company pursues its growth priorities.

Also on March 5, 2026, the board formally created the Innovation and Technology Committee to oversee innovation and technology-related matters, reflecting a heightened strategic focus on product and technology development. The refreshed committee structure, including updated memberships across audit, compensation, governance and innovation, signals an effort to strengthen board specialization and align oversight with Janus’s evolving operational and technological needs.

The most recent analyst rating on (JBI) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Janus International Group stock, see the JBI Stock Forecast page.

Janus International Guides 2026 Growth After Mixed 2025 Results

On March 4, 2026, Janus International Group reported fourth-quarter and full-year 2025 results, showing 2025 revenue of $884.2 million, down 8.3% year over year as self-storage and commercial segments softened, while net income fell to $53.8 million and adjusted EBITDA declined to $168.2 million with margin compressing to 19.0%. Despite the revenue and earnings pressure, fourth-quarter profitability improved, share repurchases reached about 1.9 million shares for $16.0 million, and management highlighted resilient international performance, growing adoption of Nokē Smart Entry, and the strategic acquisition of Kiwi II Construction as it issued 2026 guidance calling for a return to top-line growth and stable adjusted EBITDA, underpinned by a strong balance sheet and cash generation.

The company’s 2025 fourth-quarter revenue slipped 1.9% to $226.3 million, but net income rose to $7.1 million and adjusted EBITDA grew 7.5% to $37.2 million, lifting margins by 140 basis points. Management acknowledged macroeconomic and interest-rate headwinds in 2025 but emphasized that the Kiwi II Construction asset acquisition and increased technology penetration position Janus to capitalize when self-storage and industrial markets strengthen, while its 2026 outlook implies mid‑single‑digit earnings growth at the midpoint despite ongoing uncertainty.

The most recent analyst rating on (JBI) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Janus International Group stock, see the JBI Stock Forecast page.

Janus International reprices term loan to cut interest

On February 2, 2026, Janus International Group, Inc. completed a repricing of its first lien term loan, reducing the applicable interest margin on its $551 million first lien facility by 50 basis points, from SOFR plus 250 basis points to SOFR plus 200 basis points, with no change to the loan’s maturity and all other terms remaining substantially the same. Management highlighted that the transaction, executed via a private placement with institutional lenders in the syndicated loan market, reflects lender confidence in the company’s balance sheet and is expected to lower its cost of capital and improve financial flexibility, supporting its capital allocation priorities and long-term growth strategy, with implications for reduced interest expense and strengthened financial positioning for stakeholders.

The most recent analyst rating on (JBI) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Janus International Group stock, see the JBI Stock Forecast page.

Janus International announces immediate resignation of board member

On January 7, 2026, Janus International Group, Inc. announced that Board member David Doll resigned from the company’s Board of Directors, stepped down as Chair of the Nominating and Corporate Governance Committee, and left his position on the Audit Committee, with his resignation effective immediately. The company stated that Doll’s departure did not arise from any disagreement over its operations, policies, or practices, and publicly expressed its appreciation for his years of service and significant contributions, signaling an orderly, non-contentious transition in its board governance structure.

The most recent analyst rating on (JBI) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Janus International Group stock, see the JBI Stock Forecast page.

Janus International expands self-storage footprint with Kiwi acquisition

On January 8, 2026, Janus International Group, through its subsidiary Janus International Group, LLC, acquired substantially all assets of Kiwi II Construction Inc., Kiwi II East Inc. and Metal Tech Inc., businesses focused on designing, supplying and constructing self-storage facilities and related steel components, for approximately $97.2 million in cash, implying an around 5x multiple of adjusted EBITDA including expected synergies and tax benefits. The deal, which keeps Kiwi II’s CEO and COO in place and includes multi-year restricted stock unit awards to certain former owners, is expected to expand Janus’s self-storage building solutions offering, deepen its services to owner-operators and general contractors across North America, and maintain the company’s net leverage within its stated 2.0x–3.0x long-term target range, reinforcing its strategic push into the self-storage building segment that began with the 2019 acquisition of BETCO, Inc.

The most recent analyst rating on (JBI) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Janus International Group stock, see the JBI Stock Forecast page.