Jbt Marel Corporation · NYSE:JBTM
Jbt Marel — Q1 2026 Earnings Presentation
16 slides from Jbt Marel's earnings presentation, May 5, 2026
Slide 1: Q1 2026 Earnings Presentation
Q1 2026 Earnings Presentation May 4, 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, Adjusted diluted earnings per share (“Adjusted EPS”), and Free cash flow are non-GAAP financial measures. JBT Marel provides non- GAAP financial me
Slide 3: JBT Marel Delivered Strong Year-Over-Year Consolidated Results
JBT Marel Delivered Strong Year-Over-Year Consolidated Results JBT Marel Consolidated Results Key Takeaways Q1 2026 Q1 2025 ▪ As expected, JBT Marel performed well in Q1 2026, delivering In millions except EPS and margin meaningful year-over-year improvement in margins and EPS Orders $1,070 $916 ▪ R
Slide 4: Segment Results Summary
JBT Marel Segment Results Summary Protein Solutions Segment Prepared Food and Beverage Solutions Segment Segment Revenue Segment Adj. EBITDA Margin Segment Revenue Segment Adj. EBITDA Margin $460 21.7% $476 $476 16.4% $378 14.7% 16.5% Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 2025 2026 2025 2026 2025 2026 2025 2026 Q
Slide 5: Solid Q1 2026 Orders and Backlog
Solid Q1 2026 Orders and Backlog Orders and Backlog Trend ($B) Q1 2026 Consolidated Revenue Breakdown Orders Backlog Recurring Non-Recurring EMEA U.S. & Canada $1.49 Latin America Asia Pacific $1.39 $1.34 $1.37 $1.31 7% 10% $1.04 $1.07 $0.92 $0.94 $0.95 48% 45% 52% 38% Q1 Q2 Q3 Q4 Q1 2025 2025 2025
Slide 6: Strong Cash Generation and Balance Sheet Position
Strong Cash Generation and Balance Sheet Position Free Cash Flow(1) Profile ($M) Leverage Ratio $332 Just below 4.0x 2.9x $100 2.6x $18 Q1 2025 Q1 2026 Trailing 4 Quarters Transaction 12/31/25 3/31/2026 as of 3/31/26 Close FCF Conversion as 16% 70% 53% % of Adj. EBITDA(1) Key Highlights Key Highligh
Slide 7: Reiterating Full Year 2026 Guidance Given Q1 Performance
Reiterating Full Year 2026 Guidance Given Q1 Performance FY 2026 Consolidated In 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 diluted EPS $4.70 – $5.15 Adjusted EPS(1) $8.00 – $8.50 K
Slide 8: Appendix
Appendix -- JBT Maret
Slide 9: 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 10: Reconciliation of Net Income to Adjusted EBITDA
JBT Marel Reconciliation of Net Income to Adjusted EBITDA 10
Slide 11: Reconciliation of Diluted EPS to Adjusted Diluted EPS
JBT Marel Reconciliation of Diluted Earnings Per Share (EPS) to Adjusted Diluted EPS 11
Slide 12: Reconciliation of Cash Provided by Operating Activities to Free Cash Flow
JBT Marel Reconciliation of Cash Provided by Operating Activities to Free Cash Flow (FCF) 12
Slide 13: Leverage Ratio Calculations
JBT Marel Leverage Ratio Calculations 13
Slide 14: Recurring vs. Non-Recurring Revenue
JBT Marel Recurring vs. Non-Recurring Revenue 14
Slide 15: Reconciliation of Diluted EPS to Adjusted Diluted EPS Guidance
JBT Marel Reconciliation of Diluted EPS to Adjusted Diluted EPS Guidance 15
Slide 16: Reconciliation of Net Income to Adjusted EBITDA Guidance
JBT Marel Reconciliation of Net Income to Adjusted EBITDA Guidance 16