John Bean Technologies Corporation (JBT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
70 W MADISON CHICAGO, IL 60602 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 355 - Special Industry Machinery, Except Metalworking (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 483,300 | 125,000 | 45,700 | ||||||
| Cash and cash equivalents | 483,300 | 45,700 | |||||||
| Short-term investments | 125,000 | ||||||||
| Receivables | 228,400 | 220,700 | 214,400 | 190,600 | 213,300 | 287,400 | |||
| Inventory, net of allowances, customer advances and progress billings | 258,700 | 250,200 | 238,900 | 226,700 | 237,200 | 351,900 | |||
| Inventory | 258,700 | 250,200 | 238,900 | 226,700 | 237,200 | 351,900 | |||
| Disposal group, including discontinued operation | 249,700 | ||||||||
| Other current assets | 80,900 | 73,900 | 89,100 | 78,300 | 77,500 | 84,800 | |||
| Other undisclosed current assets | 557,400 | 557,600 | 74,500 | 471,000 | 109,100 | 96,400 | |||
| Total current assets: | 1,125,400 | 1,102,400 | 1,100,200 | 1,091,600 | 886,800 | 866,200 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 4,700 | ||||||||
| Operating lease, right-of-use asset | 37,300 | ||||||||
| Property, plant and equipment | 242,000 | 246,700 | 119,000 | 245,100 | 246,600 | 273,100 | |||
| Long-term investments and receivables | 10,400 | ||||||||
| Long-term investments | 10,400 | ||||||||
| Intangible assets, net (including goodwill) | 1,139,000 | 1,151,200 | 1,168,400 | 1,166,200 | 1,186,400 | 1,249,700 | |||
| Goodwill | 774,300 | 775,200 | 779,500 | 770,400 | 776,100 | 813,400 | |||
| Intangible assets, net (excluding goodwill) | 364,700 | 376,000 | 388,900 | 395,800 | 410,300 | 436,300 | |||
| Disposal group, including discontinued operation, noncurrent assets | 85,400 | ||||||||
| Other noncurrent assets | 183,700 | 190,400 | 193,800 | 185,900 | 182,600 | 190,600 | |||
| Other undisclosed noncurrent assets | 76,600 | ||||||||
| Total noncurrent assets: | 1,564,700 | 1,588,300 | 1,610,200 | 1,597,200 | 1,701,000 | 1,713,400 | |||
| TOTAL ASSETS: | 2,690,100 | 2,690,700 | 2,710,400 | 2,688,800 | 2,587,800 | 2,579,600 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 176,600 | 175,600 | 194,300 | 261,600 | 137,400 | 215,300 | |||
| Accounts payable | 135,600 | 142,400 | 134,600 | 121,300 | 137,400 | 215,300 | |||
| Accrued liabilities | 41,000 | 33,200 | 59,700 | 140,300 | |||||
| Debt | 900 | 900 | 800 | ||||||
| Disposal group, including discontinued operation | 129,700 | ||||||||
| Other liabilities | 116,200 | 129,400 | 118,100 | 152,900 | 149,900 | 181,800 | |||
| Other undisclosed current liabilities | 150,100 | 161,100 | 171,100 | 169,800 | 192,100 | 220,400 | |||
| Total current liabilities: | 442,900 | 466,100 | 484,400 | 584,300 | 610,000 | 618,300 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 647,600 | 647,000 | 646,400 | 645,800 | 949,600 | 956,500 | |||
| Long-term debt, excluding current maturities | 647,600 | 647,000 | 646,400 | 645,800 | 949,600 | 956,500 | |||
| Liabilities, other than long-term debt | 80,800 | 86,500 | 90,700 | 85,600 | 107,000 | 113,800 | |||
| Liability, pension and other postretirement and postemployment benefits | 22,000 | 23,300 | 24,600 | 18,300 | 28,700 | 31,400 | |||
| Disposal group, including discontinued operation, liabilities | 12,400 | ||||||||
| Other liabilities | 58,800 | 63,200 | 66,100 | 67,300 | 65,900 | 82,400 | |||
| Total noncurrent liabilities: | 728,400 | 733,500 | 737,100 | 731,400 | 1,056,600 | 1,070,300 | |||
| Total liabilities: | 1,171,300 | 1,199,600 | 1,221,500 | 1,315,700 | 1,666,600 | 1,688,600 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,518,800 | 1,491,100 | 1,488,900 | 1,373,100 | 921,200 | 891,000 | |||
| Common stock | 300 | 300 | 300 | 300 | 300 | 300 | |||
| Treasury stock, value | (2,200) | (3,200) | (7,100) | (2,100) | (2,200) | (3,700) | |||
| Additional paid in capital | 227,900 | 225,300 | 227,900 | 223,900 | 221,300 | 220,600 | |||
| Accumulated other comprehensive loss | (217,800) | (214,400) | (195,800) | (214,600) | (199,700) | (199,900) | |||
| Retained earnings | 1,510,600 | 1,483,100 | 1,463,600 | 1,365,600 | 901,500 | 873,700 | |||
| Total equity: | 1,518,800 | 1,491,100 | 1,488,900 | 1,373,100 | 921,200 | 891,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,690,100 | 2,690,700 | 2,710,400 | 2,688,800 | 2,587,800 | 2,579,600 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 402,300 | 392,300 | 444,600 | 403,600 | 427,700 | 529,500 | ||
| Gross profit: | 402,300 | 392,300 | 444,600 | 403,600 | 427,700 | 529,500 | ||
| Operating expenses | (116,400) | (111,200) | (105,700) | (107,900) | (102,900) | (118,400) | ||
| Other undisclosed operating loss | (259,100) | (252,000) | (281,100) | (259,700) | (281,400) | (371,100) | ||
| Operating income: | 26,800 | 29,100 | 57,800 | 36,000 | 43,400 | 40,000 | ||
| Nonoperating income (expense) | 4,700 | 4,700 | 600 | (200) | (200) | (200) | ||
| Investment income, nonoperating | 5,700 | 5,700 | ||||||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | (1,000) | (1,000) | (200) | (200) | (200) | |||
| Interest and debt expense | (4,100) | (2,900) | ||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 2,900 | (900) | ||||||
| Income from continuing operations before equity method investments, income taxes: | 27,400 | 30,900 | 61,300 | 34,900 | 43,200 | 39,800 | ||
| Loss from equity method investments | (100) | (200) | (100) | |||||
| Other undisclosed income (loss) from continuing operations before income taxes | 300 | (7,100) | (7,200) | |||||
| Income from continuing operations before income taxes: | 27,400 | 30,800 | 61,400 | 34,800 | 36,100 | 32,600 | ||
| Income tax expense (benefit) | 3,300 | (8,100) | (6,400) | (4,300) | (8,400) | (7,000) | ||
| Net income: | 30,700 | 22,700 | 55,000 | 30,500 | 27,700 | 25,600 | ||
| Other undisclosed net income attributable to parent | 100 | 3,400 | 437,100 | 3,300 | ||||
| Net income available to common stockholders, diluted: | 30,700 | 22,800 | 58,400 | 467,600 | 31,000 | 25,600 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 30,700 | 22,700 | 55,000 | 30,500 | 27,700 | 25,600 | ||
| Other comprehensive income (loss) | (3,400) | (18,600) | 18,800 | (14,900) | 200 | 4,400 | ||
| Comprehensive income: | 27,300 | 4,100 | 73,800 | 15,600 | 27,900 | 30,000 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 100 | 3,400 | 437,100 | 3,300 | ||||
| Comprehensive income, net of tax, attributable to parent: | 27,300 | 4,200 | 77,200 | 452,700 | 31,200 | 30,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.