JBTMarel Corp (JBTM)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,710,300 | 2,177,800 | 1,716,000 | 1,693,000 | 1,642,800 | 1,668,200 | 1,664,400 | 1,818,900 | 1,814,100 | 1,780,400 | 1,861,100 | 1,759,600 | 1,838,200 | 1,919,700 | 1,868,300 | 1,810,100 | 1,751,900 | 1,687,900 | 1,727,800 | 1,833,900 |
| Total assets | US$ in thousands | 8,252,600 | 7,999,300 | 3,413,800 | 2,789,000 | 2,690,100 | 2,690,700 | 2,710,400 | 2,688,800 | 2,587,800 | 2,579,600 | 2,641,000 | 2,554,500 | 2,222,100 | 2,209,900 | 2,141,400 | 2,038,500 | 1,976,300 | 1,794,300 | 1,805,900 | 1,811,900 |
| Total asset turnover | 0.33 | 0.27 | 0.50 | 0.61 | 0.61 | 0.62 | 0.61 | 0.68 | 0.70 | 0.69 | 0.70 | 0.69 | 0.83 | 0.87 | 0.87 | 0.89 | 0.89 | 0.94 | 0.96 | 1.01 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,710,300K ÷ $8,252,600K
= 0.33
The total asset turnover ratio of JBTMarel Corp has exhibited a declining trend over the analyzed period from September 30, 2020, to June 30, 2025. Initially, the ratio peaked at 1.01 in September 2020, indicating that the company was generating approximately 1.01 dollars of sales for each dollar of assets. Subsequently, there was a consistent decrease, with the ratio dropping to 0.96 in December 2020 and continuing to decline through 2021, reaching 0.87 by March 2022. The downward trend persisted into 2022 and 2023, with the ratio reaching 0.69 in September 2022 and stabilizing slightly around 0.70 in mid to late 2023.
This overall decline suggests that the company's efficiency in utilizing its assets to generate sales has diminished over this period. The ratio’s reduction from above 1.00 to below 0.50 by the end of 2024 indicates a significant decrease in asset productivity. Notably, the ratio reached its lowest point at 0.50 in December 2024, and further decreased to 0.27 in March 2025, before slightly rising to 0.33 in June 2025. These figures reflect a substantial erosion in asset utilization efficiency, potentially signaling operational challenges, changes in business strategy, asset structure alterations, or shifts in sales volume relative to asset base.
Peer comparison
Jun 30, 2025