Jbt Marel Corporation · NYSE:JBTM
Jbt Marel — Q4 2025 Earnings Presentation
15 slides from Jbt Marel's earnings presentation, Feb 24, 2026
Slide 1: Q4 and Full Year 2025 Earnings Presentation
Q4 and Full Year 2025 Earnings Presentation February 23, 2026
Slide 2: Non-GAAP and Forward-Looking Statements
NON-GAAP AND FORWARD-LOOKING STATEMENTS Non-GAAP Measures and Reconciliations to GAAP Measures Adjusted EBITDA, Adjusted EBITDA margin, Adjusted income from continuing operations, Adjusted diluted earnings per share from continuing operations (“Adjusted EPS”), and free cash flow are non-GAAP financi
Slide 3: JBT Marel Delivered Strong Full Year 2025 Results
JBT Marel Delivered Strong Full Year 2025 Results JBT Marel Results Key Takeaways FY 2025 FY 2024 ▪ Achieved solid full year performance even in the face of an evolving Results from Continuing Operations tariff environment ($ millions except EPS and margin) Orders $3,843 $1,788 ▪ Combination is deli
Slide 4: JBT Marel Segment Results Summary
JBT Marel Segment Results Summary Protein Solutions Prepared Food and Beverage Solutions Segment Results Segment Results Segment Revenue Segment Adj. EBITDA Margin Segment Revenue Segment Adj. EBITDA Margin $561 18.2% 18.3% $476 21.3% 21.4% $513 $532 $422 $441 20.5% 16.4% 15.9% $476 $378 16.5% Q1 20
Slide 5: Healthy Full Year Orders & Recurring Revenue
Healthy Full Year Orders & Recurring Revenue FY 2025 Equipment Orders by End Market FY 2025 Consolidated Revenue Breakdown Poultry 44% Recurring Non-Recurring EMEA U.S. & Canada Meat 16% Latin America Asia Pacific Beverages, Juices 7% Seafood 9% 6% 10% Ready Meals 6% 40% Fruit & Veg 6% 50% 50% Pet F
Slide 6: Capital Structure as of December 31, 2025
Capital Structure as of December 31, 2025 Key Highlights Total Gross Debt Outstanding & Maturity Schedule ▪ Strong full year cash flow and adjusted EBITDA performance Amount Issued / Effective Rate Maturity allowed JBT Marel to de-lever the balance sheet to below 2.9x net Drawn ($ millions) Structur
Slide 7: Full Year 2026 Guidance Reflects Continued Growth
Full Year 2026 Guidance Reflects Continued Growth FY 2026 Consolidated $ millions except EPS and margin Guidance Revenue $3,990 – $4,065 Income from Continuing Operations Margin 6.1% – 6.6% Adjusted EBITDA Margin (1) 17.0% – 17.5% GAAP EPS $4.70 – $5.15 Adjusted EPS (1) $8.00 – $8.50 2026 Key Modeli
Slide 8: Non-GAAP Financial Measures
Non-GAAP Financial Measures The non-GAAP financial measures presented in this report may differ from similarly-titled measures used by other companies. The non-GAAP financial measures are not intended to be used as a substitute for, nor should they be considered in isolation of, financial measures p
Slide 9: Reconciliation of Income from Continuing Operations to Adjusted EBITDA
JBT Marel Reconciliation of Income from Continuing Operations to Adjusted EBITDA 9
Slide 10: Reconciliation of Diluted EPS to Adjusted Diluted EPS
JBT Marel Reconciliation of Diluted Earnings Per Share (EPS) to Adjusted Diluted EPS 10
Slide 11: Reconciliation of Cash Provided by Operating Activities to Free Cash Flow
JBT Marel Reconciliation of Cash Provided by Operating Activities to Free Cash Flow 11
Slide 12: Leverage Ratio Calculations
JBT Marel Leverage Ratio Calculations 12
Slide 13: Recurring vs. Non-Recurring Revenue
JBT Marel Recurring vs. Non-Recurring Revenue 13
Slide 14: Reconciliation of Diluted EPS from Continuing Operations to Adjusted Diluted EPS Guidance
JBT Marel Reconciliation of Diluted EPS from Continuing Operations to Adjusted Diluted EPS Guidance 14
Slide 15: Reconciliation of Income from Continuing Operations to Adjusted EBITDA Guidance
JBT Marel Reconciliation of Income from Continuing Operations to Adjusted EBITDA Guidance 15