John Bean Technologies Corporation (JBT) Financials

NYSE:JBT

Market Cap

3.41B

Total Revenue

2.17B

Gross Profit

617.30M

Operating Income

168.40M

Net Income

130.70M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	934,200,000	984,200,000	1,107,300,000	1,350,500,000	1,635,100,000	1,919,700,000	1,945,700,000	1,727,800,000	1,868,300,000	2,166,000,000
costOfRevenue	701,300,000	723,500,000	790,400,000	969,800,000	1,164,400,000	1,382,100,000	1,347,600,000	1,194,100,000	1,301,500,000	1,548,700,000
grossProfit	232,900,000	260,700,000	316,900,000	380,700,000	470,700,000	537,600,000	598,100,000	533,700,000	566,800,000	617,300,000
researchAndDevelopmentExpenses	14,000,000	14,600,000	18,200,000	23,600,000	28,700,000	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	164,300,000	179,300,000	207,000,000	236,700,000	294,400,000	346,800,000	396,400,000	358,500,000	--	--
sellingGeneralAndAdministrativeExpenses	164,300,000	179,300,000	207,000,000	236,700,000	294,400,000	346,800,000	396,400,000	358,500,000	401,100,000	441,900,000
operatingExpenses	178,100,000	195,500,000	227,900,000	265,000,000	323,200,000	346,800,000	396,400,000	358,500,000	401,100,000	441,900,000
operatingIncome	53,200,000	50,700,000	89,000,000	103,400,000	145,800,000	143,800,000	188,200,000	163,100,000	160,100,000	168,400,000
totalOtherIncomeExpensesNet	-1,600,000	-14,500,000	-6,800,000	-12,300,000	-1,700,000	-47,900,000	-21,300,000	-17,600,000	-7,400,000	-14,200,000
ebitda	79,800,000	90,500,000	118,600,000	154,200,000	199,200,000	247,600,000	264,800,000	243,300,000	243,800,000	256,500,000
depreciationAndAmortization	25,000,000	25,300,000	29,600,000	38,500,000	51,700,000	57,700,000	76,600,000	80,200,000	83,700,000	88,100,000
interestIncome	2,200,000	1,600,000	1,100,000	1,600,000	700,000	--	--	--	--	--
interestExpense	5,400,000	6,000,000	6,800,000	9,400,000	13,600,000	13,900,000	18,800,000	13,900,000	8,700,000	14,200,000
incomeBeforeTax	47,800,000	44,700,000	82,200,000	94,000,000	132,200,000	129,000,000	166,900,000	145,500,000	152,700,000	154,200,000
incomeTaxExpense	13,800,000	13,900,000	26,200,000	26,000,000	50,100,000	24,600,000	37,600,000	36,700,000	34,300,000	23,500,000
netIncome	33,100,000	30,800,000	55,900,000	67,600,000	80,500,000	104,100,000	129,000,000	108,800,000	118,400,000	130,700,000
eps	1.13	1.04	1.89	2.3	2.56	3.26	4.04	3.4	3.7	4.08
epsdiluted	1.11	1.03	1.88	2.27	2.53	3.23	4.02	3.39	3.69	4.07
weightedAverageShsOut	29,200,000	29,500,000	29,500,000	29,400,000	31,400,000	31,900,000	31,900,000	32,000,000	32,000,000	32,000,000
weightedAverageShsOutDil	29,700,000	29,900,000	29,800,000	29,800,000	31,900,000	32,200,000	32,000,000	32,100,000	32,100,000	32,100,000
costAndExpenses	879,400,000	919,000,000	1,018,300,000	1,234,800,000	1,487,600,000	1,728,900,000	1,744,000,000	1,552,600,000	1,702,600,000	1,990,600,000
otherExpenses	200,000	1,600,000	2,700,000	4,700,000	100,000	-900,000	-2,500,000	-3,700,000	1,300,000	--

Key Facts

Industry

Specialty Industrial Machinery

Sector

Industrials

Headquarters

Chicago, IL, US

Website

jbtc.com

CEO

Mr. Brian A. Deck

Employees

5200

About the Company

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.