JBT Marel (JBTM) AI Stock Analysis

• Market Cap: $7.45B
• Dividend Yield: 0.28%
• Average Volume (3M): 473.83K
• Price to Earnings (P/E): 40.4
• Beta (1Y): 0.84
• Revenue Growth: 64.69%
• EPS Growth: -112.14%
• Country: US
• Employees: 11,700
• Sector: Industrials
• Sector Strength: 80
• Industry: Industrial - Machinery
• EPS (TTM): 1.49
• Shares Outstanding: 51,970,394
• 10 Day Avg. Volume: 333,041
• 30 Day Avg. Volume: 473,827
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 2.98
• Enterprise Value/Gross Profit: 8.32
• Enterprise Value/Ebitda: 43.12
• 1Y Price Target: $169.00
• Price Target Upside: 17.94% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 72 Outperform
• Price Target: $155.00 ▲(8.17% Upside)

JBT Marel's overall score is driven by strong financial performance in revenue growth and cash flow, positive technical indicators, and favorable earnings call sentiment. However, profitability challenges and a negative P/E ratio weigh on the valuation score.

Positive Factors

Demand and Orders

Orders were driven by broad-based strength in poultry, meat, fruit and vegetables, and ready meals.

Earnings

Upgrading JBT Marel to Outperform, from Market Perform, following the company’s strong second-quarter results.

Financial Performance

The company reported a record quarter of aftermarket parts, which drove a favorable mix, resulting in adjusted EBITDA margins exceeding expectations.

Negative Factors

Guidance Uncertainty

The decision to suspend full year 2025 guidance appears to stem from an abundance of caution, with JBT Marel calling out prolonged periods of macro uncertainty as historically poor for the more cyclical equipment piece of the business.

Managerial Challenges

The largest issue is managerial bandwidth against a backdrop of decision paralysis due to ongoing tariff uncertainty.

Tariff Concerns

The looming potential of 50% EU tariffs adds another layer of complexity during an already complex integration process.

JBT Marel Business Overview & Revenue Model

Company Description

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. It serves baby food, bakery and confectionery, citrus processing, fruits and nuts, juices, non-food, pet food, pharmaceutical, plant- based beverages and protein, poultry, meat, and seafood, ready meals, oils, soups, sauces, seasoning and dressings, automotive, building material, tissue, paper, and packaging, hospitals, pharma and life sciences, fast moving consumer goods, manufacturing, warehousing, and other industries. The company markets and sells its products and solutions through direct sales force, independent distributors, sales representatives, and technical service teams. The company was formerly known as John Bean Technologies Corporation and changed its name to JBT Marel Corporation in January 2025. JBT Marel Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.

How the Company Makes Money

JBT Marel generates revenue through multiple streams, including the sale of processing equipment, systems, and automation solutions to food manufacturers. The company also earns income from service contracts, maintenance, and spare parts, which provide ongoing support to its clients after the initial equipment purchase. Additionally, JBTM forms strategic partnerships with industry leaders and leverages its technological expertise to develop tailored solutions, thereby enhancing its market presence and driving sales. The recurring nature of its service agreements contributes to a stable revenue base, while new product innovations and expansions into emerging markets further bolster its earnings potential.

JBT Marel Financial Statement Overview

Summary

JBT Marel exhibits a stable financial foundation with strong cash generation capabilities and improved balance sheet strength. However, the recent net loss and declining profit margins highlight the need for operational efficiencies and cost control.

Income Statement

The income statement shows a mixed performance. The revenue growth rate for TTM is strong compared to the previous annual period, but the company posted a negative net income. Gross profit margin remains healthy, yet the net profit margin is concerning due to the significant net loss in the TTM. EBIT and EBITDA margins have decreased, reflecting challenges in maintaining operational efficiency.

Balance Sheet

The balance sheet is relatively robust with a high equity ratio, indicating strong capitalization. Debt levels have been reduced significantly, improving the debt-to-equity ratio favorably. However, the return on equity has been negatively impacted by the net loss, which may be a potential risk if profitability issues persist.

Cash Flow

Cash flow metrics are solid, with a strong operating cash flow to net income ratio indicating effective cash generation from operations. Free cash flow has grown, showing good liquidity management. However, the substantial increase in financing cash flow suggests reliance on external funding, which could indicate potential liquidity concerns in the future if not managed well.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.71B	1.72B	1.66B	1.59B	1.40B	1.73B
Gross Profit	969.70M	626.50M	585.70M	529.40M	482.10M	533.70M
EBITDA	187.10M	204.20M	268.70M	212.50M	202.80M	231.20M
Net Income	-137.70M	85.40M	582.60M	137.40M	119.10M	108.80M
Balance Sheet
Total Assets	8.25B	3.41B	2.71B	2.64B	2.14B	1.81B
Cash, Cash Equivalents and Short-Term Investments	111.80M	1.23B	483.30M	71.70M	78.80M	47.50M
Total Debt	1.92B	1.25B	646.40M	977.90M	674.40M	524.90M
Total Liabilities	3.88B	1.87B	1.22B	1.74B	1.39B	1.17B
Stockholders Equity	4.37B	1.54B	1.49B	905.40M	750.20M	637.10M
Cash Flow
Free Cash Flow	281.80M	194.70M	19.10M	50.60M	123.20M	217.70M
Operating Cash Flow	337.20M	232.60M	74.20M	135.20M	174.90M	252.00M
Investing Cash Flow	-1.80B	-41.30M	729.30M	-413.20M	-270.50M	-37.30M
Financing Cash Flow	1.12B	561.80M	-354.10M	270.60M	80.80M	-207.40M

JBT Marel Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 143.29
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JBTM, the sentiment is Positive. The current price of 143.29 is above the 20-day moving average (MA) of 140.54, above the 50-day MA of 133.54, and above the 200-day MA of 123.18, indicating a bullish trend. The MACD of 3.17 indicates Positive momentum. The RSI at 57.46 is Neutral, neither overbought nor oversold. The STOCH value of 56.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JBTM.

JBT Marel Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WTS	79 Outperform	$9.24B	29.78	17.75%	0.69%	2.96%	12.62%
SPXC	78 Outperform	$8.75B	41.82	15.02%	―	8.90%	29.18%
MWA	75 Outperform	$4.12B	27.84	17.33%	1.02%	10.19%	20.71%
FLS	74 Outperform	$7.02B	24.33	13.91%	1.57%	3.15%	14.18%
JBTM	72 Outperform	$7.45B	40.40	-4.70%	0.28%	64.69%	-112.14%
SXI	69 Neutral	$2.46B	43.98	8.37%	0.63%	9.64%	-24.68%
Sector *	64 Neutral	$10.74B	15.86	8.15%	2.00%	2.70%	-15.17%

JBT Marel Corporate Events

JBT Marel Amends Credit Agreement to Lower Loan Costs

On August 20, 2025, JBT Marel Corporation, a Delaware corporation, executed an amendment to its Second Amended and Restated Credit Agreement to reduce the pricing of its Term B Loans. This amendment removes a ten basis point credit spread adjustment and lowers the applicable margin from SOFR plus 2.00%-2.50% to SOFR plus 1.75%, depending on the company’s Total Net Leverage Ratio. The agreement was executed with various parties including John Bean Technologies Corporation Europe B.V., its subsidiary guarantors, lenders, and Wells Fargo Bank as the administrative agent.