JBTMarel Corp (JBTM)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 stockholders’ equity | US$ in thousands | 4,374,900 | 4,107,300 | 1,544,200 | 1,585,100 | 1,518,800 | 1,491,100 | 1,488,900 | 1,373,100 | 921,200 | 891,000 | 905,400 | 806,200 | 789,800 | 783,600 | 750,200 | 707,300 | 685,700 | 672,100 | 637,100 | 611,400 |
| Financial leverage ratio | 1.89 | 1.95 | 2.21 | 1.76 | 1.77 | 1.80 | 1.82 | 1.96 | 2.81 | 2.90 | 2.92 | 3.17 | 2.81 | 2.82 | 2.85 | 2.88 | 2.88 | 2.67 | 2.83 | 2.96 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,252,600K ÷ $4,374,900K
= 1.89
The financial leverage ratio of JBTMarel Corp has exhibited notable fluctuations over the analyzed period, reflecting changes in the company's capital structure and leveraging strategy. Beginning at a high of 2.96 on September 30, 2020, the ratio generally trended downward throughout the subsequent quarters, reaching a low of 1.76 on September 30, 2024. This decline suggests a consistent reduction in the company's reliance on debt relative to equity, indicative of a deleveraging process.
Between 2020 and mid-2022, the ratio experienced minor increases and decreases, oscillating within a range roughly between 2.61 and 3.17, with a peak around September 2022 at 3.17. This period likely involved some strategic use of debt, possibly to finance growth initiatives or manage liquidity needs. However, starting in late 2022, the ratio decreased more markedly, reaching its lowest levels in September 2024, which may imply a strategic shift toward reducing debt levels or emphasizing equity financing.
Post-September 2024, there was a brief uptick to 2.21, after which the ratio stabilized around 1.95 to 1.89 in the first half of 2025. These levels remain substantially lower than the initial ratios observed in 2020, reflecting a more conservative leverage stance and possibly a focus on strengthening the balance sheet or improving financial stability.
Overall, the trend indicates a movement from higher leverage phases to a more conservative leverage posture in recent periods. This shift may be driven by strategic financial management aimed at reducing financial risk, ensuring greater debt capacity for future opportunities, or responding to changes in market conditions.
Peer comparison
Jun 30, 2025