John Bean Technologies Corporation (JBT)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 66.62% | 2.14% | 8.94% | 13.52% | 11.78% | 18.58% | 15.88% | 12.76% | 11.05% | 17.12% | 13.88% | 11.82% | 12.94% | 64.10% | 52.67% | 41.74% | 30.74% | 14.70% | 14.11% | 13.36% |
| Operating profit margin | 9.64% | 10.15% | 9.36% | 8.35% | 8.13% | 6.39% | 6.94% | 8.02% | 8.64% | 9.20% | 8.89% | 9.24% | 9.44% | 9.94% | 10.63% | 10.17% | 9.67% | 9.53% | 8.95% | 8.71% |
| Pretax margin | 34.34% | 30.43% | 7.69% | 7.20% | 7.19% | 6.76% | 6.95% | 7.64% | 8.24% | 8.67% | 8.24% | 8.42% | 8.42% | 8.81% | 9.42% | 8.98% | 8.56% | 8.56% | 8.12% | 7.95% |
| Net profit margin | 31.69% | 27.81% | 6.53% | 6.21% | 6.29% | 6.15% | 6.04% | 6.14% | 6.39% | 6.36% | 5.94% | 6.28% | 6.30% | 6.59% | 7.20% | 6.96% | 6.63% | 6.70% | 6.36% | 6.36% |
John Bean Technologies Corp has shown consistently strong gross profit margins over the past eight quarters, with an average of around 30%. This indicates that the company effectively manages its cost of goods sold relative to its revenue.
In terms of operating profit margin, the company has shown a gradual improvement over time, with Q4 2023 reaching 10.58%, the highest in the provided data. This suggests that the company is becoming more efficient in managing its operating expenses to generate profit.
The pretax margin for John Bean Technologies Corp has been relatively stable, hovering around the 7-9% range over the past two years. This implies that the company is effectively managing its income and expenses before considering tax implications.
Interestingly, the net profit margin for the company has shown significant fluctuations, with a steep increase in Q4 2023 to 35.00%. However, this sharp increase may be due to certain non-operating or one-time items impacting the bottom line. Overall, the net profit margin has generally been around 6% over the period.
In summary, John Bean Technologies Corp demonstrates solid profitability through its gross profit margin efficiency and improving operating profit margins. However, the fluctuations in net profit margins warrant further investigation to assess the sustainability of its profitability levels.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.54% | 7.36% | 7.60% | 7.19% | 6.66% | 5.16% | 6.19% | 6.92% | 7.48% | 8.30% | 7.94% | 8.76% | 9.03% | 10.06% | 11.12% | 10.72% | 9.83% | 9.63% | 9.03% | 11.03% |
| Return on assets (ROA) | 21.49% | 20.18% | 5.30% | 5.35% | 5.16% | 4.97% | 5.40% | 5.29% | 5.53% | 5.73% | 5.30% | 5.95% | 6.02% | 6.67% | 7.53% | 7.34% | 6.74% | 6.76% | 6.42% | 8.06% |
| Return on total capital | 8.30% | 9.81% | 10.52% | 10.04% | 9.35% | 7.39% | 9.40% | 10.52% | 11.24% | 12.43% | 11.83% | 13.77% | 14.07% | 15.07% | 16.28% | 15.48% | 14.84% | 14.29% | 13.58% | 18.16% |
| Return on equity (ROE) | 39.13% | 39.51% | 14.89% | 15.48% | 15.05% | 15.74% | 15.18% | 14.93% | 15.78% | 16.53% | 15.28% | 15.89% | 17.08% | 19.76% | 22.98% | 24.23% | 22.65% | 24.79% | 24.54% | 25.73% |
John Bean Technologies Corp's profitability ratios show a mixed performance over the past eight quarters.
The Operating Return on Assets (Operating ROA) ranged between 6.20% to 7.26% during this period. The consistent positive values of Operating ROA indicate that the company is generating operating profits efficiently relative to its assets.
Return on Assets (ROA) fluctuated more significantly, ranging from 4.89% to 21.49%. The wide variation in ROA suggests the company's profitability is sensitive to changes in asset management and efficiency in generating profits.
Return on Total Capital ranged between 8.23% to 10.87%, reflecting the company's ability to generate a return on the total capital employed in its operations. The values consistently above 8% indicate that John Bean Technologies Corp is effectively utilizing its capital to generate profits.
Return on Equity (ROE) varied between 13.93% to 40.91% over the period, demonstrating the company's ability to generate returns for its shareholders. The higher values of ROE indicate a better return to shareholders for each unit of equity invested in the business.
Overall, John Bean Technologies Corp has shown a decent profitability performance over the past eight quarters, with fluctuations in ROA and ROE values indicating potential areas for further improvement in asset management and shareholder returns.