JBTMJBT MAREL Corp
Special Industry Machinery (no Metalworking Machinery)
- Revenue
- $3.8B
- 121% YoY
- Operating margin
- 5.0%
- 28% YoY
- EBITDA
- $456M
- 119% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $1.5B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear6% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired42% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $1.7B | $1.7B | $3.8B | 121% |
| Operating income | $126M | $133M | $165M | $118M | $189M | 60% |
| Net income | $119M | $137M | $583M | $85M | −$51M | 159% |
| Operating cash flow | $226M | $142M | $74M | $233M | $342M | 47% |
| Capex | $52M | $85M | $55M | $38M | $104M | 173% |
| Stock-based comp | $6M | $9M | $11M | $15M | $23M | 58% |
| Buybacks | $0 | $8M | $5M | $0 | $0 | |
| Dividends | $13M | $13M | $13M | $13M | $21M | 60% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.