JBTMarel Corp

JBT Marel Corporation reported second-quarter 2026 results that showed record orders but a messy bottom line, with net income of $28 million including a $33 million non-cash impairment charge. Orders topped $1 billion, pushing the book-to-bill ratio to 1.05x and lifting backlog to $1.54 billion, while revenue of $981 million grew 5% year over year. Adjusted EBITDA rose to $168 million, and adjusted EPS climbed to $1.95 from $1.49. The Protein Solutions segment drove growth with revenue up 11% to $467 million, but the Prepared Food and Beverage Solutions segment saw flat revenue and a margin decline due to logistics constraints. Management kept full-year revenue guidance of $3.99 billion to $4.065 billion and adjusted EBITDA margin guidance of 17% to 17.5%, but lowered GAAP diluted EPS guidance to $4.20 to $4.70. The company repurchased about 200,000 shares for $26 million under its $200 million buyback authorization, and net debt to adjusted EBITDA stood at 2.47x.

JBT Marel Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on August 31, 2026, to stockholders of record at the close of business on August 17, 2026.

JBT Marel Corporation reported a second-quarter profit of $28 million, or $0.54 per share, up from $3 million, or $0.07 per share, a year earlier. Excluding items, adjusted earnings were $102 million, or $1.95 per share. Revenue rose 4.9% to $981 million from $935 million. The company issued full-year GAAP EPS guidance of $4.20 to $4.70 on revenue of $3.990 billion to $4.065 billion, with adjusted diluted EPS expected between $7.85 and $8.35.

StockStory identified JBT Marel as the one industrials stock to own for decades, while questioning SolarEdge and Tesla. JBT Marel, a food processing and aviation equipment maker, posted 52.5% annual revenue growth over the past two years, a 35.1% gross margin, and 27.1% annual EPS growth. SolarEdge faces declining sales and cash-burning tendencies, trading at 94 times forward P/E. Tesla, despite its scale advantage and fast-growing energy segment, is weighed down by cyclical auto sales, execution delays, and uncertain project returns, trading at 197.5 times forward P/E.

The global poultry processing equipment market is projected to reach USD 8.61 billion by 2035, growing at a CAGR of 6.3% from an estimated USD 4.97 billion in 2026, according to MarketsandMarkets. The Asia Pacific region is estimated to account for 25.6% of the market in 2026 and is expected to be the fastest-growing region, driven by expanding commercial production and rising poultry meat consumption in countries such as China, India, Japan, and Thailand. Quality control and inspection equipment is the fastest-growing equipment category, while the pre-cooked poultry products segment is expected to register the highest CAGR by product type. Key companies in the market include JBT Marel Corporation, GEA Group Aktiengesellschaft, BAADER Group, Meyn Food Processing Technology B.V., and Middleby Corporation.