John Bean Technologies Corporation (JBT) Income Statement Analysis

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Complete financial analysis of John Bean Technologies Corporation (JBT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of John Bean Technologies Corporation, a leading company in the Industrial – Machinery industry within the Industrials sector.

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John Bean Technologies Corporation (JBT)

Industry: Industrial - Machinery

Sector: Industrials

Website: https://www.jbtc.com

About John Bean Technologies Corporation

John Bean Technologies Corporation provides technology solutions to food and beverage industry and equipment and services to air transportation industries. The company operates through two segments: JBT FoodTech and JBT AeroTech. It offers poultry processing, mixing/grinding, injecting, marinating, tumbling, portioning, packaging, coating, cooking, frying, freezing, weighing, X-ray food inspection, and food safety solutions. The company also provides processing solutions for extracting, mixing, blending, pasteurizing, sterilizing, concentrating, high pressure processing, filling, closing, sealing, and final packaging, as well as processing equipment; and packaging systems for poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, dairy, bakery, pet foods, soups, sauces, and juices. In addition, it offers automated guided vehicle systems for material movement in the manufacturing, warehouse, and medical facilities. Further, the company provides mobile air transportation equipment, such as commercial and defense cargo loading, aircraft deicing, aircraft towing, and aircraft ground power and cooling systems; and fixed equipment for passenger boarding. Additionally, it offers airport equipment, systems, and facilities maintenance services to domestic and international airport authorities, passenger airlines, airfreight and ground handling companies, defense forces, and defense contractors. The company markets and sells its products and solutions through direct sales force, independent distributors, and sales representatives. John Bean Technologies Corporation was incorporated in 1994 and is headquartered in Chicago, Illinois.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	1.66B	2.17B	1.87B	1.73B	1.95B	1.92B	1.64B	1.35B	1.11B	984.20M	934.20M	917.30M	955.80M	880.40M	841.60M	1.03B	978.00M	844.30M
Cost of Revenue	1.08B	1.55B	1.30B	1.19B	1.35B	1.38B	1.16B	969.80M	790.40M	723.50M	701.30M	686.50M	721.20M	649.50M	621.20M	776.30M	740.80M	631.10M
Gross Profit	585.70M	617.30M	566.80M	533.70M	598.10M	537.60M	470.70M	380.70M	316.90M	260.70M	232.90M	230.80M	234.60M	230.90M	220.40M	251.80M	237.20M	213.20M
Gross Profit Ratio	35.19%	28.50%	30.34%	30.89%	30.74%	28.00%	28.79%	28.19%	28.62%	26.49%	24.93%	25.16%	24.54%	26.23%	26.19%	24.49%	24.25%	25.25%
Research & Development	20.50M	29.40M	29.90M	29.30M	28.50M	26.90M	28.70M	23.60M	18.20M	14.60M	14.00M	14.30M	18.50M	17.50M	17.10M	22.00M	18.70M	16.20M
General & Administrative	409.60M	441.90M	399.80M	358.50M	396.40M	346.80M	294.40M	236.70M	207.00M	179.30M	164.30M	156.60M	152.90M	147.80M	147.80M	152.90M	0.00	0.00
Selling & Marketing	-5.30M	0.00	1.30M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	404.30M	441.90M	401.10M	358.50M	396.40M	346.80M	294.40M	236.70M	207.00M	179.30M	164.30M	156.60M	152.90M	147.80M	147.80M	152.90M	153.80M	146.70M
Other Expenses	-3.80M	0.00	1.30M	-3.70M	-2.50M	-900.00K	100.00K	4.70M	2.70M	1.60M	200.00K	1.10M	-1.60M	-1.50M	0.00	0.00	153.80M	146.70M
Operating Expenses	421.00M	441.90M	401.10M	358.50M	396.40M	346.80M	323.20M	265.00M	227.90M	195.50M	178.10M	169.80M	169.80M	163.80M	164.90M	174.90M	172.50M	162.90M
Cost & Expenses	1.50B	1.99B	1.70B	1.55B	1.74B	1.73B	1.49B	1.23B	1.02B	919.00M	879.40M	856.30M	891.00M	813.30M	786.10M	951.20M	913.30M	794.00M
Interest Income	13.40M	14.20M	8.70M	13.90M	18.80M	0.00	700.00K	1.60M	1.10M	1.60M	2.20M	500.00K	0.00	0.00	0.00	0.00	500.00K	400.00K
Interest Expense	24.30M	14.20M	8.70M	13.90M	18.80M	13.90M	13.60M	9.40M	6.80M	6.00M	5.40M	6.90M	6.40M	7.80M	8.80M	70.30M	0.00	0.00
Depreciation & Amortization	91.30M	77.50M	76.80M	71.80M	65.60M	57.70M	51.70M	38.50M	29.60M	25.30M	25.00M	23.60M	24.10M	22.90M	22.60M	25.50M	25.10M	23.20M
EBITDA	269.40M	208.50M	242.90M	235.60M	264.80M	247.60M	199.20M	154.20M	118.60M	90.60M	83.20M	84.50M	77.30M	90.00M	78.10M	109.00M	89.80M	73.50M
EBITDA Ratio	16.19%	11.84%	13.05%	14.08%	13.61%	12.90%	12.18%	11.42%	10.71%	9.20%	8.54%	9.22%	9.30%	10.22%	9.28%	10.60%	9.55%	8.69%
Operating Income	164.70M	168.40M	160.10M	163.10M	188.20M	143.80M	145.80M	103.40M	89.00M	50.70M	53.20M	60.90M	53.20M	67.10M	55.50M	76.90M	64.70M	50.30M
Operating Income Ratio	9.90%	7.77%	8.57%	9.44%	9.67%	7.49%	8.92%	7.66%	8.04%	5.15%	5.69%	6.64%	5.57%	7.62%	6.59%	7.48%	6.62%	5.96%
Total Other Income/Expenses	-11.60M	-12.60M	-7.40M	-17.60M	-21.30M	-14.80M	-11.60M	-7.00M	-6.80M	-6.00M	-5.40M	-6.90M	-6.40M	-7.80M	-6.60M	-10.40M	-3.10M	500.00K
Income Before Tax	153.10M	154.20M	152.70M	145.50M	166.90M	129.00M	132.20M	94.00M	82.20M	44.70M	47.80M	54.00M	46.80M	59.30M	48.90M	66.50M	61.60M	50.80M
Income Before Tax Ratio	9.20%	7.12%	8.17%	8.42%	8.58%	6.72%	8.09%	6.96%	7.42%	4.54%	5.12%	5.89%	4.90%	6.74%	5.81%	6.47%	6.30%	6.02%
Income Tax Expense	23.50M	23.50M	34.30M	36.70M	37.60M	24.60M	50.10M	26.00M	26.20M	13.90M	13.80M	16.90M	16.00M	21.40M	16.10M	22.40M	21.50M	16.00M
Net Income	582.60M	137.40M	119.10M	108.80M	129.00M	104.10M	80.50M	67.60M	55.90M	30.80M	33.10M	36.20M	30.50M	37.30M	32.80M	44.20M	36.40M	34.60M
Net Income Ratio	35.00%	6.34%	6.37%	6.30%	6.63%	5.42%	4.92%	5.01%	5.05%	3.13%	3.54%	3.95%	3.19%	4.24%	3.90%	4.30%	3.72%	4.10%
EPS	18.21	4.29	3.70	3.40	4.04	3.26	2.56	2.30	1.89	1.04	1.13	1.24	1.06	1.32	1.19	1.61	1.32	1.26
EPS Diluted	18.15	4.28	3.69	3.39	4.03	3.23	2.53	2.27	1.88	1.03	1.11	1.23	1.04	1.28	1.15	1.59	1.32	1.26
Weighted Avg Shares Out	32.00M	32.00M	32.00M	32.00M	31.90M	31.90M	31.40M	29.40M	29.50M	29.50M	29.20M	29.10M	28.80M	28.30M	27.60M	27.50M	27.50M	27.50M
Weighted Avg Shares Out (Dil)	32.10M	32.10M	32.10M	32.10M	32.00M	32.20M	31.90M	29.80M	29.80M	29.90M	29.70M	29.50M	29.30M	29.10M	28.60M	27.80M	27.50M	27.50M

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