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Side-by-side financial comparison of JBT Marel Corp (JBTM) and Natera, Inc. (NTRA). Click either name above to swap in a different company.
JBT Marel Corp is the larger business by last-quarter revenue ($1.0B vs $665.5M, roughly 1.5× Natera, Inc.). Natera, Inc. runs the higher net margin — 7.1% vs 5.3%, a 1.8% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 39.8%). JBT Marel Corp produced more free cash flow last quarter ($83.5M vs $37.8M). Over the past eight quarters, JBT Marel Corp's revenue compounded faster (60.3% CAGR vs 34.5%).
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.
Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...
JBTM vs NTRA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $665.5M |
| Net Profit | $53.1M | $47.3M |
| Gross Margin | 34.5% | — |
| Operating Margin | 7.2% | -3.4% |
| Net Margin | 5.3% | 7.1% |
| Revenue YoY | 115.6% | 39.8% |
| Net Profit YoY | 858.6% | 187.9% |
| EPS (diluted) | $1.04 | $0.36 |
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 | $665.5M | ||
| Q3 25 | $1.0B | $592.2M | ||
| Q2 25 | $934.8M | $546.6M | ||
| Q1 25 | $854.1M | $501.8M | ||
| Q4 24 | $467.6M | $476.1M | ||
| Q3 24 | $453.8M | $439.8M | ||
| Q2 24 | $402.3M | $413.4M | ||
| Q1 24 | $392.3M | $367.7M |
| Q4 25 | $53.1M | $47.3M | ||
| Q3 25 | $66.0M | $-87.5M | ||
| Q2 25 | $3.4M | $-100.9M | ||
| Q1 25 | $-173.0M | $-66.9M | ||
| Q4 24 | $-7.0M | $-53.8M | ||
| Q3 24 | $38.9M | $-31.6M | ||
| Q2 24 | $30.7M | $-37.5M | ||
| Q1 24 | $22.8M | $-67.6M |
| Q4 25 | 34.5% | — | ||
| Q3 25 | 35.9% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 34.2% | — | ||
| Q4 24 | 38.4% | — | ||
| Q3 24 | 36.1% | — | ||
| Q2 24 | 35.6% | — | ||
| Q1 24 | 35.8% | — |
| Q4 25 | 7.2% | -3.4% | ||
| Q3 25 | 10.2% | -16.5% | ||
| Q2 25 | 5.2% | -20.2% | ||
| Q1 25 | -3.9% | -15.8% | ||
| Q4 24 | 3.4% | -13.6% | ||
| Q3 24 | 10.3% | -8.9% | ||
| Q2 24 | 6.7% | -10.6% | ||
| Q1 24 | 7.4% | -20.2% |
| Q4 25 | 5.3% | 7.1% | ||
| Q3 25 | 6.6% | -14.8% | ||
| Q2 25 | 0.4% | -18.5% | ||
| Q1 25 | -20.3% | -13.3% | ||
| Q4 24 | -1.5% | -11.3% | ||
| Q3 24 | 8.6% | -7.2% | ||
| Q2 24 | 7.6% | -9.1% | ||
| Q1 24 | 5.8% | -18.4% |
| Q4 25 | $1.04 | $0.36 | ||
| Q3 25 | $1.26 | $-0.64 | ||
| Q2 25 | $0.07 | $-0.74 | ||
| Q1 25 | $-3.35 | $-0.50 | ||
| Q4 24 | $-0.22 | $-0.41 | ||
| Q3 24 | $1.21 | $-0.26 | ||
| Q2 24 | $0.95 | $-0.30 | ||
| Q1 24 | $0.71 | $-0.56 |
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 | $1.7B |
| Total Assets | $8.2B | $2.4B |
| Debt / EquityLower = less leverage | 0.33× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.9M | — | ||
| Q3 25 | — | $1.0M | ||
| Q2 25 | — | $16.0M | ||
| Q1 25 | — | $17.8M | ||
| Q4 24 | $1.2B | $22.7M | ||
| Q3 24 | — | $29.5M | ||
| Q2 24 | — | $90.3M | ||
| Q1 24 | — | $69.1M |
| 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 | $1.7B | ||
| Q3 25 | $4.4B | $1.3B | ||
| Q2 25 | $4.4B | $1.2B | ||
| Q1 25 | $4.1B | $1.2B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.6B | $878.5M | ||
| Q2 24 | $1.5B | $836.5M | ||
| Q1 24 | $1.5B | $794.1M |
| Q4 25 | $8.2B | $2.4B | ||
| Q3 25 | $8.2B | $1.8B | ||
| Q2 25 | $8.3B | $1.8B | ||
| Q1 25 | $8.0B | $1.7B | ||
| Q4 24 | $3.4B | $1.7B | ||
| Q3 24 | $2.8B | $1.6B | ||
| Q2 24 | $2.7B | $1.5B | ||
| Q1 24 | $2.7B | $1.5B |
| 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 | $73.9M |
| Free Cash FlowOCF − Capex | $83.5M | $37.8M |
| FCF MarginFCF / Revenue | 8.3% | 5.7% |
| Capex IntensityCapex / Revenue | 3.4% | 5.4% |
| Cash ConversionOCF / Net Profit | 2.21× | 1.56× |
| TTM Free Cash FlowTrailing 4 quarters | $238.1M | $109.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $117.4M | $73.9M | ||
| Q3 25 | $87.7M | $59.4M | ||
| Q2 25 | $102.2M | $37.6M | ||
| Q1 25 | $34.4M | $44.5M | ||
| Q4 24 | $128.7M | $52.9M | ||
| Q3 24 | $71.9M | $51.8M | ||
| Q2 24 | $21.6M | $4.0M | ||
| Q1 24 | $10.4M | $27.0M |
| Q4 25 | $83.5M | $37.8M | ||
| Q3 25 | $56.5M | $37.0M | ||
| Q2 25 | $83.7M | $11.7M | ||
| Q1 25 | $14.4M | $22.6M | ||
| Q4 24 | $118.7M | $34.8M | ||
| Q3 24 | $65.0M | $35.5M | ||
| Q2 24 | $11.1M | $-7.7M | ||
| Q1 24 | $-100.0K | $6.7M |
| Q4 25 | 8.3% | 5.7% | ||
| Q3 25 | 5.6% | 6.2% | ||
| Q2 25 | 9.0% | 2.1% | ||
| Q1 25 | 1.7% | 4.5% | ||
| Q4 24 | 25.4% | 7.3% | ||
| Q3 24 | 14.3% | 8.1% | ||
| Q2 24 | 2.8% | -1.9% | ||
| Q1 24 | -0.0% | 1.8% |
| Q4 25 | 3.4% | 5.4% | ||
| Q3 25 | 3.1% | 3.8% | ||
| Q2 25 | 2.0% | 4.7% | ||
| Q1 25 | 2.3% | 4.3% | ||
| Q4 24 | 2.1% | 3.8% | ||
| Q3 24 | 1.5% | 3.7% | ||
| Q2 24 | 2.6% | 2.8% | ||
| Q1 24 | 2.7% | 5.5% |
| Q4 25 | 2.21× | 1.56× | ||
| 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.