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Side-by-side financial comparison of JBT Marel Corp (JBTM) and Lineage, Inc. (LINE). Click either name above to swap in a different company.
Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.0B, roughly 1.4× JBT Marel Corp). JBT Marel Corp runs the higher net margin — 5.3% vs -7.3%, a 12.5% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 3.1%). JBT Marel Corp produced more free cash flow last quarter ($83.5M vs $35.0M).
JBT Marel Corporation, formerly known as JBT Corporation, or John Bean Technologies Corporation, is a food processing machinery and automated vehicle company. The company was incorporated in 2008 when FMC Technologies divested its non-energy businesses. The company is based in Chicago, Illinois and traces its history back to a company founded in 1884 by John Bean, an orchardist in Los Gatos, California.
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
JBTM vs LINE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.4B |
| Net Profit | $53.1M | $-100.0M |
| Gross Margin | 34.5% | 32.3% |
| Operating Margin | 7.2% | 2.5% |
| Net Margin | 5.3% | -7.3% |
| Revenue YoY | 115.6% | 3.1% |
| Net Profit YoY | 858.6% | 79.4% |
| EPS (diluted) | $1.04 | $-0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $934.8M | $1.4B | ||
| Q1 25 | $854.1M | $1.3B | ||
| Q4 24 | $467.6M | $1.3B | ||
| Q3 24 | $453.8M | $1.3B | ||
| Q2 24 | $402.3M | $1.3B | ||
| Q1 24 | $392.3M | $1.3B |
| Q4 25 | $53.1M | — | ||
| Q3 25 | $66.0M | $-100.0M | ||
| Q2 25 | $3.4M | $-6.0M | ||
| Q1 25 | $-173.0M | $0 | ||
| Q4 24 | $-7.0M | $-71.0M | ||
| Q3 24 | $38.9M | $-485.0M | ||
| Q2 24 | $30.7M | $-68.0M | ||
| Q1 24 | $22.8M | $-40.0M |
| Q4 25 | 34.5% | — | ||
| Q3 25 | 35.9% | 32.3% | ||
| Q2 25 | 35.8% | 31.9% | ||
| Q1 25 | 34.2% | 32.2% | ||
| Q4 24 | 38.4% | 32.3% | ||
| Q3 24 | 36.1% | 32.8% | ||
| Q2 24 | 35.6% | 33.4% | ||
| Q1 24 | 35.8% | 33.4% |
| Q4 25 | 7.2% | — | ||
| Q3 25 | 10.2% | 2.5% | ||
| Q2 25 | 5.2% | 1.7% | ||
| Q1 25 | -3.9% | 4.3% | ||
| Q4 24 | 3.4% | -1.6% | ||
| Q3 24 | 10.3% | -38.6% | ||
| Q2 24 | 6.7% | 5.5% | ||
| Q1 24 | 7.4% | 7.6% |
| Q4 25 | 5.3% | — | ||
| Q3 25 | 6.6% | -7.3% | ||
| Q2 25 | 0.4% | -0.4% | ||
| Q1 25 | -20.3% | — | ||
| Q4 24 | -1.5% | -5.3% | ||
| Q3 24 | 8.6% | -36.3% | ||
| Q2 24 | 7.6% | -5.1% | ||
| Q1 24 | 5.8% | -3.0% |
| Q4 25 | $1.04 | — | ||
| Q3 25 | $1.26 | $-0.44 | ||
| Q2 25 | $0.07 | $-0.03 | ||
| Q1 25 | $-3.35 | $0.01 | ||
| Q4 24 | $-0.22 | $-0.52 | ||
| Q3 24 | $1.21 | $-2.44 | ||
| Q2 24 | $0.95 | $-0.46 | ||
| Q1 24 | $0.71 | $-0.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $167.9M | — |
| Total DebtLower is stronger | $1.5B | — |
| Stockholders' EquityBook value | $4.5B | $8.4B |
| Total Assets | $8.2B | $19.2B |
| Debt / EquityLower = less leverage | 0.33× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.2B | $173.0M | ||
| Q3 24 | — | $409.0M | ||
| Q2 24 | — | $73.0M | ||
| Q1 24 | — | — |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $648.3M | — | ||
| Q2 24 | $647.7M | — | ||
| Q1 24 | $647.0M | — |
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.4B | $8.4B | ||
| Q2 25 | $4.4B | $8.6B | ||
| Q1 25 | $4.1B | $8.6B | ||
| Q4 24 | $1.5B | $8.6B | ||
| Q3 24 | $1.6B | $9.0B | ||
| Q2 24 | $1.5B | $4.9B | ||
| Q1 24 | $1.5B | $5.6B |
| Q4 25 | $8.2B | — | ||
| Q3 25 | $8.2B | $19.2B | ||
| Q2 25 | $8.3B | $19.4B | ||
| Q1 25 | $8.0B | $18.8B | ||
| Q4 24 | $3.4B | $18.7B | ||
| Q3 24 | $2.8B | $19.3B | ||
| Q2 24 | $2.7B | $18.8B | ||
| Q1 24 | $2.7B | — |
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.81× | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.43× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $117.4M | $230.0M |
| Free Cash FlowOCF − Capex | $83.5M | $35.0M |
| FCF MarginFCF / Revenue | 8.3% | 2.5% |
| Capex IntensityCapex / Revenue | 3.4% | 14.2% |
| Cash ConversionOCF / Net Profit | 2.21× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $117.4M | — | ||
| Q3 25 | $87.7M | $230.0M | ||
| Q2 25 | $102.2M | $258.0M | ||
| Q1 25 | $34.4M | $139.0M | ||
| Q4 24 | $128.7M | — | ||
| Q3 24 | $71.9M | $186.0M | ||
| Q2 24 | $21.6M | $155.0M | ||
| Q1 24 | $10.4M | $105.0M |
| Q4 25 | $83.5M | — | ||
| Q3 25 | $56.5M | $35.0M | ||
| Q2 25 | $83.7M | $95.0M | ||
| Q1 25 | $14.4M | $-12.0M | ||
| Q4 24 | $118.7M | — | ||
| Q3 24 | $65.0M | $33.0M | ||
| Q2 24 | $11.1M | $-31.0M | ||
| Q1 24 | $-100.0K | $-42.0M |
| Q4 25 | 8.3% | — | ||
| Q3 25 | 5.6% | 2.5% | ||
| Q2 25 | 9.0% | 7.0% | ||
| Q1 25 | 1.7% | -0.9% | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 14.3% | 2.5% | ||
| Q2 24 | 2.8% | -2.3% | ||
| Q1 24 | -0.0% | -3.2% |
| Q4 25 | 3.4% | — | ||
| Q3 25 | 3.1% | 14.2% | ||
| Q2 25 | 2.0% | 12.1% | ||
| Q1 25 | 2.3% | 11.7% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.5% | 11.5% | ||
| Q2 24 | 2.6% | 13.9% | ||
| Q1 24 | 2.7% | 11.1% |
| Q4 25 | 2.21× | — | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 30.06× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JBTM
Segment breakdown not available.
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
