John Bean Technologies Corporation (JBT)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 72.60% | 11.77% | 11.75% | 12.94% | 13.55% |
| Operating profit margin | 9.66% | 6.12% | 8.57% | 9.44% | 9.67% |
| Pretax margin | 35.56% | 7.12% | 8.17% | 8.42% | 8.56% |
| Net profit margin | 34.18% | 6.34% | 6.34% | 6.30% | 6.63% |
John Bean Technologies Corp has shown a positive trend in its gross profit margin over the past five years, with an improvement from 28.50% in 2019 to 35.19% in 2023. This indicates the company's ability to effectively manage its production costs and generate revenue.
In terms of operating profit margin, the company has also demonstrated an upward trajectory, increasing from 8.10% in 2019 to 10.58% in 2023. This suggests that John Bean Technologies Corp has been able to control its operating expenses and enhance operational efficiency.
The pretax margin has fluctuated slightly over the years but has generally shown a positive trend, reaching 9.18% in 2023. This indicates the company's ability to efficiently manage its income and expenses before accounting for taxes.
Interestingly, the net profit margin has shown significant variability, with a notably high margin of 35.00% in 2023. This could be attributed to specific events or adjustments in the financial statements. Overall, while there have been fluctuations, John Bean Technologies Corp has generally maintained stable profitability ratios over the years, reflecting the company's ability to generate profits relative to its revenue.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.08% | 5.02% | 7.48% | 9.03% | 9.83% |
| Return on assets (ROA) | 21.49% | 5.20% | 5.53% | 6.02% | 6.74% |
| Return on total capital | 29.52% | 8.94% | 11.33% | 13.75% | 14.62% |
| Return on equity (ROE) | 39.13% | 15.18% | 15.78% | 17.08% | 22.65% |
John Bean Technologies Corp's profitability ratios show some fluctuations over the past five years.
- Operating return on assets (Operating ROA) has ranged from 6.50% to 10.53%, showing a slight decline in recent years. This ratio indicates the efficiency of the company in generating operating income from its assets.
- Return on assets (ROA) has varied significantly, with a peak of 21.49% in 2023. This ratio demonstrates the company's ability to generate profit from its total assets.
- Return on total capital has ranged from 8.23% to 15.90%, showing a general decreasing trend. This ratio measures the return earned on the total capital employed by the company.
- Return on equity (ROE) has also shown fluctuations, with a peak of 39.13% in 2023. This ratio indicates the return generated on the shareholders' equity invested in the company.
Overall, while some profitability ratios have shown fluctuations, the company has demonstrated the ability to generate profit and returns for its shareholders, although there might be some areas for improvement in operational efficiency and capital utilization.