Tearsheet
JBTM Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About JBTM Interactive Breakdown Better Bets vs. JBTM Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Forward Guidance Insider Activity Trade Sentinel Industry Resource Links External Quote Links

JBT Marel (JBTM)

Market Price (5/7/2026): $136.63 | Market Cap: $7.1 Bil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

JBT Marel (JBTM)

Market Price (5/7/2026): $136.63
Market Cap: $7.1 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 78%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%

Low stock price volatility
Vol 12M is 38%

Megatrend and thematic drivers
Megatrends include Automation & Robotics, and Sustainable Resource Management. Themes include Factory Automation, Process / Warehouse Automation, Show more.

Weak multi-year price returns
3Y Excs Rtn is -48%

Key risks
JBTM key risks include [1] the failure to realize projected cost synergies from the Marel merger, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 78%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 38%
3 Megatrend and thematic drivers
Megatrends include Automation & Robotics, and Sustainable Resource Management. Themes include Factory Automation, Process / Warehouse Automation, Show more.
4 Weak multi-year price returns
3Y Excs Rtn is -48%
5 Key risks
JBTM key risks include [1] the failure to realize projected cost synergies from the Marel merger, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

JBT Marel (JBTM) stock has lost about 15% since 1/31/2026 because of the following key factors:

1. Persistent Negative GAAP Profitability and Net Margin Concerns: Despite reporting strong adjusted results and revenue growth in Q1 2026, JBT Marel has continued to exhibit a negative net margin of -1.33% and a negative P/E ratio of -115.18 as of May 4, 2026. This underlying lack of GAAP profitability has likely been a sustained concern for investors, contributing to the stock's decline within the period.

2. Increased Tariff Headwinds Impacting 2026 Guidance: Management indicated that the expected benefits from the elimination of IEEPA tariffs would be largely offset by new Section 122 and 232 tariff increases, which is projected to result in a 25-50 basis point headwind to the full-year 2026 guidance. This macroeconomic factor creates uncertainty regarding future profitability and likely dampened investor enthusiasm during the period.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The -13.2% change in JBTM stock from 1/31/2026 to 5/6/2026 was primarily driven by a -26.8% change in the company's P/S Multiple.
(LTM values as of)13120265062026Change
Stock Price ($)157.20136.52-13.2%
Change Contribution By: 
Total Revenues ($ Mil)3,2583,88019.1%
P/S Multiple2.51.8-26.8%
Shares Outstanding (Mil)5252-0.4%
Cumulative Contribution-13.2%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/6/2026
ReturnCorrelation
JBTM-13.2% 
Market (SPY)3.6%61.3%
Sector (XLI)7.2%53.2%

Fundamental Drivers

The 8.4% change in JBTM stock from 10/31/2025 to 5/6/2026 was primarily driven by a 43.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)103120255062026Change
Stock Price ($)125.93136.528.4%
Change Contribution By: 
Total Revenues ($ Mil)2,7103,88043.2%
P/S Multiple2.41.8-24.1%
Shares Outstanding (Mil)5252-0.2%
Cumulative Contribution8.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/6/2026
ReturnCorrelation
JBTM8.4% 
Market (SPY)5.5%40.4%
Sector (XLI)14.8%44.5%

Fundamental Drivers

The 30.1% change in JBTM stock from 4/30/2025 to 5/6/2026 was primarily driven by a 126.1% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020255062026Change
Stock Price ($)104.95136.5230.1%
Change Contribution By: 
Total Revenues ($ Mil)1,7163,880126.1%
Net Income Margin (%)5.0%4.3%-13.3%
P/E Multiple39.342.58.2%
Shares Outstanding (Mil)3252-38.7%
Cumulative Contribution30.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/6/2026
ReturnCorrelation
JBTM30.1% 
Market (SPY)30.4%46.7%
Sector (XLI)36.6%52.5%

Fundamental Drivers

The 26.9% change in JBTM stock from 4/30/2023 to 5/6/2026 was primarily driven by a 139.1% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020235062026Change
Stock Price ($)107.58136.5226.9%
Change Contribution By: 
Total Revenues ($ Mil)1,6223,880139.1%
Net Income Margin (%)8.6%4.3%-49.6%
P/E Multiple24.842.571.8%
Shares Outstanding (Mil)3252-38.7%
Cumulative Contribution26.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/6/2026
ReturnCorrelation
JBTM26.9% 
Market (SPY)78.7%46.2%
Sector (XLI)85.0%53.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
JBTM Return35%-40%9%28%19%-13%17%
Peers Return37%-31%20%-3%6%7%23%
S&P 500 Return27%-19%24%23%16%6%93%

Monthly Win Rates [3]
JBTM Win Rate50%42%25%67%58%40% 
Peers Win Rate67%33%52%48%53%52% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
JBTM Max Drawdown-2%-46%0%-14%-28%-23% 
Peers Max Drawdown-5%-44%-7%-16%-23%-5% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 

[1] Cumulative total returns since the beginning of 2021
[2] Peers: MIDD, ITW, DOV, ROK, ALGN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/6/2026 (YTD)

How Low Can It Go

EventJBTMS&P 500
2025 US Tariff Shock
  % Loss-25.2%-18.8%
  % Gain to Breakeven33.7%23.1%
  Time to Breakeven49 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-18.0%-9.5%
  % Gain to Breakeven21.9%10.5%
  Time to Breakeven367 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-47.2%-24.5%
  % Gain to Breakeven89.2%32.4%
  Time to Breakeven1172 days427 days
2020 COVID-19 Crash
  % Loss-44.2%-33.7%
  % Gain to Breakeven79.1%50.9%
  Time to Breakeven250 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-41.7%-19.2%
  % Gain to Breakeven71.6%23.7%
  Time to Breakeven171 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-13.1%-12.2%
  % Gain to Breakeven15.1%13.9%
  Time to Breakeven10 days62 days

Compare to MIDD, ITW, DOV, ROK, ALGN

In The Past

JBT Marel's stock fell -25.2% during the 2025 US Tariff Shock. Such a loss loss requires a 33.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventJBTMS&P 500
2025 US Tariff Shock
  % Loss-25.2%-18.8%
  % Gain to Breakeven33.7%23.1%
  Time to Breakeven49 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-47.2%-24.5%
  % Gain to Breakeven89.2%32.4%
  Time to Breakeven1172 days427 days
2020 COVID-19 Crash
  % Loss-44.2%-33.7%
  % Gain to Breakeven79.1%50.9%
  Time to Breakeven250 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-41.7%-19.2%
  % Gain to Breakeven71.6%23.7%
  Time to Breakeven171 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-29.1%-17.9%
  % Gain to Breakeven41.0%21.8%
  Time to Breakeven457 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-24.6%-15.4%
  % Gain to Breakeven32.7%18.2%
  Time to Breakeven153 days125 days
2008-2009 Global Financial Crisis
  % Loss-56.2%-53.4%
  % Gain to Breakeven128.5%114.4%
  Time to Breakeven176 days1085 days

Compare to MIDD, ITW, DOV, ROK, ALGN

In The Past

JBT Marel's stock fell -25.2% during the 2025 US Tariff Shock. Such a loss loss requires a 33.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About JBT Marel (JBTM)

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.

AI Analysis | Feedback

Here are 1-2 brief analogies for JBT Marel (JBTM):

  • Caterpillar for Food Factories: JBT Marel provides the essential industrial machinery and integrated systems for large-scale food and beverage production, much like Caterpillar equips the construction and heavy industry sectors.
  • The 'Intel Inside' for food and beverage production: JBT Marel provides the critical, behind-the-scenes technology and equipment that enables food and beverage manufacturers to efficiently process, package, and move their products.

AI Analysis | Feedback

  • Food and Beverage Processing Solutions: JBT Marel provides a comprehensive suite of technologies and equipment for various food and beverage processing stages, including preparation, preservation, quality control, and packaging.
  • Automated Guided Vehicle (AGV) Systems: The company offers robotic systems designed to automate and optimize material handling and movement within manufacturing, warehouse, and medical environments.

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

Brian A. Deck, Chief Executive Officer

Brian A. Deck has been Chief Executive Officer of JBT Marel since December 2020, and previously served as President of JBT from December 2020 to January 2025. He was also interim Chief Executive Officer from June to December 2020. Prior to his CEO roles, Mr. Deck served as Vice President and Chief Financial Officer of JBT from February 2014 until December 2020. Before joining JBT, he was Chief Financial Officer of National Material L.P., a private diversified industrial holding company, since May 2011. Mr. Deck also held finance leadership roles at Ryerson Inc., General Electric Capital, Bank One, and Cole Taylor Bank.

Matthew J. Meister, Executive Vice President and Chief Financial Officer

Matthew J. Meister was appointed Executive Vice President and Chief Financial Officer of JBT Marel in January 2025, after serving as Chief Financial Officer for JBT Corporation since December 2020. He was also interim Chief Financial Officer since October 2020. Mr. Meister joined JBT in May 2019 as Vice President and CFO for JBT Protein. He brings extensive experience in global manufacturing across various industries, including prior finance leadership roles at IDEX Corporation, where he was Group Vice President, Health and Science Technologies.

Arni Sigurdsson, President

Arni Sigurdsson was appointed as President of JBT Marel in January 2025, upon the closing of the Marel Transaction. Before this, he was appointed Chief Executive Officer of Marel in December 2023, serving as Interim Chief Executive Officer since November 2023. Mr. Sigurdsson held the role of Chief Business Officer and Deputy Chief Executive Officer of Marel from November 2022. He joined Marel in 2014, initially as Head of Strategy, and later as Chief Strategy Officer & Executive Vice President of Strategic Business Units from 2020 to 2022. Prior to Marel, Mr. Sigurdsson worked at AGC Partners and Landsbanki islands, where he supported Marel's acquisition of Stork Food Systems.

Robert "Bob" Petrie, Executive Vice President and President, Meat & Prepared Foods

Robert "Bob" Petrie was appointed Executive Vice President and President, Meat & Prepared Foods of JBT Marel in January 2025, following the combination of JBT and Marel. He previously served as Executive Vice President and President, Protein for JBT Corporation since September 2021. Mr. Petrie also led JBT's Protein EMEA and Asia businesses. He joined the company in 2009 when Double D Food Engineering Ltd, where he was Managing Director and a shareholder, was acquired by JBT.

Luiz "Augusto" Rizzolo, Executive Vice President, Regions and Integration

Luiz "Augusto" Rizzolo became Executive Vice President, Regions and Integration of JBT Marel in January 2025. He served as Executive Vice President and President, Diversified Food and Health for JBT Corporation since October 2022, and as President, Protein North America from 2020 to 2024. Before joining JBT, Mr. Rizzolo was Group President, Specialty Retail Business at Marmon Holdings, Inc. from 2018 to 2019.

AI Analysis | Feedback

The key risks to JBT Marel's business operations primarily stem from its recent significant merger and broader macroeconomic factors.

  1. Integration Risks from the Marel Transaction: The most significant risk for JBT Marel is the successful integration of Marel following their strategic combination in January 2025. This involves the challenge of seamlessly merging the two companies and realizing the anticipated benefits and synergies, such as cost-cutting initiatives. Potential hurdles include operational disruptions, difficulties in retaining customers or suppliers, and addressing pre-acquisition weaknesses in Marel's internal IT general controls. The company aims to achieve $150 million in synergies within three years, but accomplishing this while managing potential disruptions remains a considerable challenge.
  2. Increased Indebtedness and Interest Rate Fluctuations: The consummation of the Marel Transaction substantially increased JBT Marel's indebtedness. This elevated debt level could negatively impact the company's operational flexibility, raise borrowing costs, and restrict the cash flow available for its operations. Furthermore, fluctuations in interest rates, particularly increases in rates on its variable rate debt, could adversely affect the company's financial position and results of operations.
  3. Cyclicality and Macroeconomic Headwinds: JBT Marel's business is exposed to the cyclical nature of capital expenditure in sectors like protein processing. Broader macroeconomic factors, such as inflation, weaker capital expenditure from customers, stagflation, and energy supply shocks, could lead to a slowdown in order intake. Additionally, global trade tariffs and inefficiencies in project execution have been noted to compress gross margins. Changes in energy or raw material prices could also reduce customer profitability, which would in turn negatively affect JBT Marel's business.

AI Analysis | Feedback

null

AI Analysis | Feedback

JBT Marel Corporation (symbol: JBTM) operates within significant global addressable markets for its key products and services, primarily encompassing food processing and handling equipment, food packaging equipment, and automated guided vehicle (AGV) systems.

The global market for food processing and handling equipment was valued at approximately USD 155.91 billion in 2025. This market is predicted to increase to around USD 259.99 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.25% from 2026 to 2035. Asia Pacific held the highest market share in this sector, accounting for 32% in 2025.

For food packaging equipment, the global market size was estimated at USD 22.1 billion in 2024. This market is projected to reach USD 44.1 billion by 2034, demonstrating a CAGR of over 7.3% from 2025 to 2034. The Asia-Pacific region dominated the food packaging equipment market, holding the largest revenue share of 45.28% in 2024.

The global market for automated guided vehicle (AGV) systems is also a substantial addressable market for JBT Marel. This market is expected to grow from USD 6.02 billion in 2025 to USD 6.51 billion in 2026 and is forecast to reach USD 9.63 billion by 2031, exhibiting a CAGR of 8.15% over the 2026-2031 period. Asia Pacific is projected to show the highest CAGR through 2031 and held a market share of 35.5% in 2025.

AI Analysis | Feedback

JBT Marel (symbol: JBTM) is anticipated to drive future revenue growth over the next 2-3 years through several strategic initiatives and market dynamics: * **Synergy Realization from the JBT-Marel Merger:** The integration of JBT and Marel is expected to generate significant cost synergies, with projections of $60 million in 2026 and an annualized run rate of $150 million by the end of 2027. These synergies are anticipated to enhance profitability and support revenue expansion. * **Strong Demand in Protein End Markets:** The company has observed a recovery in demand within protein end markets, particularly in the poultry sector. This increased demand is a direct driver for sales of equipment and associated services. * **Customer-Focused Go-to-Market Strategy and Cross-Selling:** JBT Marel has implemented a strategy focused on customers to leverage cross-selling opportunities and enhance its value proposition through integrated solutions and comprehensive lifecycle support. This approach aims to boost revenue by expanding sales of products and services to both new and existing clients. * **Growth in Recurring Revenue:** A substantial portion of JBT Marel's revenue, approximately 50% in 2025, is recurring, stemming from its aftermarket and service businesses. The continued expansion of this segment provides a stable and growing revenue foundation. * **Technological Innovation for Efficiency and Sustainability:** JBT Marel's innovation strategy is centered on improving customer operational efficiency and promoting sustainability. This includes developing technologies that reduce waste, optimize resource utilization, extend product shelf life, and advance process automation. This focus on cutting-edge solutions is expected to meet evolving market demands and stimulate sales of new products and system upgrades.

AI Analysis | Feedback

Share Repurchases

  • JBT Corporation authorized a new share repurchase plan of up to $30 million of its common stock, effective January 1, 2022, through December 31, 2024.
  • The previous share repurchase plan expired on December 31, 2021, with all remaining capacity unutilized.

Share Issuance

  • On January 2, 2025, JBT issued 19.5 million shares to Marel shareholders as part of the Marel acquisition, valued at approximately $2,436.3 million.
  • JBT Marel's annual basic shares outstanding for 2025 increased by 62.5% to 52 million shares from 32 million in 2024, primarily due to the Marel acquisition.

Outbound Investments

  • JBT Corporation completed the voluntary takeover of Marel hf. on January 2, 2025, which included $2,436.3 million in JBT shares and $959.3 million in cash consideration to Marel shareholders, and the settlement of Marel's $867.8 million outstanding debt.
  • In July 2021, JBT FoodTech acquired CMS Technology, Inc. (Prevenio), a provider of innovative food safety solutions.
  • JBT acquired Urtasun by June 2022, expanding its capabilities in fruit and vegetable processing solutions.

Capital Expenditures

  • JBT Marel invested $103.6 million in capital expenditures during 2025.
  • For 2026, JBT Marel anticipates capital expenditures to be between $85 million and $95 million.
  • In 2021, expected capital expenditures were $90 million to $95 million, including approximately $45 million for capitalized investment in support of the company's digital strategy.

Better Bets vs. JBT Marel (JBTM)

Latest Trefis Analyses

Trade Ideas

Select ideas related to JBTM.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_4302026_Dip_Buyer_ValueBuy04302026GEOGEODip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		0.0%0.0%0.0%
RUN_4302026_Short_Squeeze04302026RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		0.0%0.0%0.0%
RSG_4172026_Monopoly_xInd_xCD_Getting_Cheaper04172026RSGRepublic ServicesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		0.8%0.8%-1.1%
VRSK_4102026_Dip_Buyer_FCFYield04102026VRSKVerisk AnalyticsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		12.3%12.3%0.0%
UHAL_4102026_Monopoly_xInd_xCD_Getting_Cheaper04102026UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		0.3%0.3%-1.0%

Recent Active Movers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Peers to compare with:

Financials

JBTMMIDDITWDOVROKALGNMedian
NameJBT MarelMiddleby Illinois.Dover Rockwell.Align Te. 
Mkt Price136.52142.50260.52227.18459.35173.94200.56
Mkt Cap7.17.175.430.751.512.521.6
Rev LTM3,8803,20116,0448,2808,8044,0356,158
Op Inc LTM3105894,2161,3831,669585986
FCF LTM3175542,7071,1361,339491845
FCF 3Y Avg1835822,8789281,152574755
CFO LTM4276303,1261,3681,535593999
CFO 3Y Avg2526493,3151,1231,361706914

Growth & Margins

JBTMMIDDITWDOVROKALGNMedian
NameJBT MarelMiddleby Illinois.Dover Rockwell.Align Te. 
Rev Chg LTM78.2%1.6%0.9%7.1%10.5%0.9%4.4%
Rev Chg 3Y Avg37.2%-6.9%0.2%1.8%2.2%2.6%2.0%
Rev Chg Q9.6%15.8%4.1%10.1%11.9%5.3%9.8%
QoQ Delta Rev Chg LTM2.2%1.4%1.0%2.3%2.8%1.3%1.8%
Op Inc Chg LTM446.8%-11.0%-1.1%10.8%43.1%-12.9%4.8%
Op Inc Chg 3Y Avg133.6%-3.0%3.7%2.4%5.5%-3.4%3.1%
Op Mgn LTM8.0%18.4%26.3%16.7%19.0%14.5%17.5%
Op Mgn 3Y Avg7.1%19.9%26.1%16.1%16.9%16.1%16.5%
QoQ Delta Op Mgn LTM2.5%-1.4%0.1%-0.3%0.9%-0.6%-0.1%
CFO/Rev LTM11.0%19.7%19.5%16.5%17.4%14.7%17.0%
CFO/Rev 3Y Avg9.0%20.3%20.7%14.0%15.9%17.8%16.9%
FCF/Rev LTM8.2%17.3%16.9%13.7%15.2%12.2%14.5%
FCF/Rev 3Y Avg6.4%18.2%18.0%11.6%13.4%14.5%14.0%

Valuation

JBTMMIDDITWDOVROKALGNMedian
NameJBT MarelMiddleby Illinois.Dover Rockwell.Align Te. 
Mkt Cap7.17.175.430.751.512.521.6
P/S1.82.24.73.75.83.13.4
P/Op Inc23.012.117.922.230.921.321.7
P/EBIT23.812.317.720.638.621.320.9
P/E42.5-25.624.627.847.330.429.1
P/CFO16.711.324.122.433.521.021.7
Total Yield2.4%-3.9%6.4%4.5%3.3%3.3%3.3%
Dividend Yield0.1%0.0%2.4%0.9%1.2%0.0%0.5%
FCF Yield 3Y Avg2.9%7.8%3.8%3.6%3.4%3.8%3.7%
D/E0.30.30.10.10.10.00.1
Net D/E0.20.30.10.10.1-0.10.1

Returns

JBTMMIDDITWDOVROKALGNMedian
NameJBT MarelMiddleby Illinois.Dover Rockwell.Align Te. 
1M Rtn9.2%5.6%0.8%9.5%25.1%1.2%7.4%
3M Rtn-17.4%-9.9%-9.2%3.5%7.2%7.8%-2.9%
6M Rtn-3.3%15.4%7.7%27.1%27.6%26.8%21.1%
12M Rtn30.4%5.3%11.4%34.5%84.3%0.5%20.9%
3Y Rtn30.6%-2.5%20.7%62.9%70.6%-44.5%25.7%
1M Excs Rtn-2.4%-5.9%-10.7%-1.8%13.1%-7.1%-4.2%
3M Excs Rtn-24.4%-16.9%-16.2%-3.5%0.2%0.8%-9.9%
6M Excs Rtn2.2%8.9%1.0%20.7%19.4%18.1%13.5%
12M Excs Rtn3.1%-25.7%-19.5%2.4%53.4%-32.4%-8.5%
3Y Excs Rtn-48.2%-77.0%-63.6%-15.9%-5.6%-121.9%-55.9%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Prepared Food and Beverage Solutions1,547    
Protein Solutions169    
Non-recurring 819   
Recurring 846   
FoodTech  1,5901,4001,234
AeroTech   468493
Other revenue and intercompany eliminations   00
Total1,7161,6641,5901,8681,728


Operating Income by Segment
$ Mil20252024202320222021
Prepared Food and Beverage Solutions301    
Protein Solutions58    
Restructuring related costs-1    
Corporate expense-64  -54-48
M&A related costs-86    
Depreciation and amortization-89    
AeroTech   3353
FoodTech   187171
Restructuring expense   -6-12
Total118  160163


Price Behavior

Price Behavior
Market Price$136.52 
Market Cap ($ Bil)7.1 
First Trading Date07/22/2008 
Distance from 52W High-18.9% 
   50 Days200 Days
DMA Price$133.48$141.83
DMA Trendindeterminatedown
Distance from DMA2.3%-3.7%
 3M1YR
Volatility45.9%37.6%
Downside Capture1.100.59
Upside Capture73.78110.94
Correlation (SPY)44.8%42.4%
JBTM Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.741.621.401.141.301.10
Up Beta1.861.371.401.451.651.08
Down Beta1.351.631.600.991.231.02
Up Capture55%100%87%109%115%121%
Bmk +ve Days15223166141428
Stock +ve Days9172552117362
Down Capture45%222%170%105%114%106%
Bmk -ve Days4183056108321
Stock -ve Days13263973135387

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with JBTM
JBTM33.6%37.6%0.84-
Sector ETF (XLI)33.3%15.6%1.6552.8%
Equity (SPY)28.5%12.5%1.7846.3%
Gold (GLD)40.6%27.2%1.231.4%
Commodities (DBC)50.9%18.0%2.20-16.1%
Real Estate (VNQ)12.8%13.5%0.6534.3%
Bitcoin (BTCUSD)-14.2%42.1%-0.2518.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with JBTM
JBTM-1.0%38.8%0.07-
Sector ETF (XLI)13.2%17.4%0.6059.9%
Equity (SPY)12.7%17.1%0.5855.2%
Gold (GLD)21.0%17.9%0.963.7%
Commodities (DBC)13.9%19.1%0.6011.7%
Real Estate (VNQ)3.5%18.8%0.0946.6%
Bitcoin (BTCUSD)8.7%56.1%0.3720.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return		Annualized
Volatility		Sharpe
Ratio		Correlation
with JBTM
JBTM10.5%41.7%0.38-
Sector ETF (XLI)14.0%20.0%0.6264.5%
Equity (SPY)14.9%17.9%0.7157.4%
Gold (GLD)13.7%16.0%0.710.2%
Commodities (DBC)9.5%17.7%0.4518.5%
Real Estate (VNQ)5.7%20.7%0.2450.0%
Bitcoin (BTCUSD)68.4%66.9%1.0711.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity2.2 Mil
Short Interest: % Change Since 3312026-7.3%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest5.6 days
Basic Shares Quantity52.2 Mil
Short % of Basic Shares4.3%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/4/202612.8%  
2/23/20260.3%-5.5%-22.4%
11/3/202511.1%14.1%13.3%
8/5/2025-2.6%0.8%1.5%
5/5/2025-4.3%4.9%9.2%
2/24/202515.3%10.2%9.0%
10/22/202417.7%20.5%24.4%
7/30/20241.8%-7.4%-8.4%
...
SUMMARY STATS   
# Positive141312
# Negative667
Median Positive4.4%8.1%11.1%
Median Negative-5.2%-6.5%-8.4%
Max Positive17.7%20.5%35.4%
Max Negative-19.4%-15.9%-22.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202503/02/202610-K
09/30/202511/04/202510-Q
06/30/202508/07/202510-Q
03/31/202505/05/202510-Q
12/31/202402/28/202510-K
09/30/202410/23/202410-Q
06/30/202407/31/202410-Q
03/31/202405/02/202410-Q
12/31/202302/23/202410-K
09/30/202310/27/202310-Q
06/30/202308/03/202310-Q
03/31/202304/26/202310-Q
12/31/202202/23/202310-K
09/30/202210/28/202210-Q
06/30/202207/29/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 5/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue3.99 Bil4.03 Bil4.07 Bil0 AffirmedGuidance: 4.03 Bil for 2026
2026 Revenue Growth5.0%6.0%7.0%00AffirmedGuidance: 6.0% for 2026
2026 Adjusted EBITDA margin17.0%17.25%17.5%00AffirmedGuidance: 17.25% for 2026
2026 GAAP diluted EPS4.74.925.150 AffirmedGuidance: 4.92 for 2026
2026 Adjusted EPS88.258.50 AffirmedGuidance: 8.25 for 2026

Prior: Q4 2025 Earnings Reported 2/23/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue3.99 Bil4.03 Bil4.07 Bil6.7% Higher NewActual: 3.77 Bil for 2025
2026 Revenue Growth5.0%6.0%7.0%   
2026 Adjusted EBITDA margin17.0%17.25%17.5%8.7%1.4%Higher NewActual: 15.88% for 2025
2026 GAAP EPS4.74.925.15  Higher NewActual: -0.9 for 2025
2026 Adjusted EPS88.258.532.0% Higher NewActual: 6.25 for 2025
2026 Synergy Savings 60.00 Mil 41.2% Higher NewActual: 42.50 Mil for 2025

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value		Value of
Held Shares		Form
1Deck, Brian ACEODirectSell3042026150.518,6341,299,50319,215,160Form
2Deck, Brian ACEODirectSell3042026151.3910,0001,513,90020,634,608Form
3Gudmundsson, Olafur S DirectSell12112025150.0910,0001,500,9001,497,898Form
4Gudmundsson, Olafur S DirectSell12012025141.7920,0002,835,8942,833,058Form
5Rizzolo, Luiz AugustoEVP & President -Regions & IMODirectSell5282025118.551,271150,677751,844Form

External Quote Links


Prefer one of these to Trefis? Tell us why.