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Side-by-side financial comparison of JBT Marel Corp (JBTM) and Toast, Inc. (TOST). Click either name above to swap in a different company.

Toast, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.0B, roughly 1.6× JBT Marel Corp). Toast, Inc. runs the higher net margin — 6.2% vs 5.3%, a 0.9% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 22.0%). Toast, Inc. produced more free cash flow last quarter ($178.0M vs $83.5M). Over the past eight quarters, JBT Marel Corp's revenue compounded faster (60.3% CAGR vs 23.3%).

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.

Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.

JBTM vs TOST — Head-to-Head

Bigger by revenue
TOST
TOST
1.6× larger
TOST
$1.6B
$1.0B
JBTM
Growing faster (revenue YoY)
JBTM
JBTM
+93.5% gap
JBTM
115.6%
22.0%
TOST
Higher net margin
TOST
TOST
0.9% more per $
TOST
6.2%
5.3%
JBTM
More free cash flow
TOST
TOST
$94.5M more FCF
TOST
$178.0M
$83.5M
JBTM
Faster 2-yr revenue CAGR
JBTM
JBTM
Annualised
JBTM
60.3%
23.3%
TOST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JBTM
JBTM
TOST
TOST
Revenue
$1.0B
$1.6B
Net Profit
$53.1M
$101.0M
Gross Margin
34.5%
25.9%
Operating Margin
7.2%
5.2%
Net Margin
5.3%
6.2%
Revenue YoY
115.6%
22.0%
Net Profit YoY
858.6%
215.6%
EPS (diluted)
$1.04
$0.18

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.

Revenue
JBTM
JBTM
TOST
TOST
Q4 25
$1.0B
$1.6B
Q3 25
$1.0B
$1.6B
Q2 25
$934.8M
$1.6B
Q1 25
$854.1M
$1.3B
Q4 24
$467.6M
$1.3B
Q3 24
$453.8M
$1.3B
Q2 24
$402.3M
$1.2B
Q1 24
$392.3M
$1.1B
Net Profit
JBTM
JBTM
TOST
TOST
Q4 25
$53.1M
$101.0M
Q3 25
$66.0M
$105.0M
Q2 25
$3.4M
$80.0M
Q1 25
$-173.0M
$56.0M
Q4 24
$-7.0M
$32.0M
Q3 24
$38.9M
$56.0M
Q2 24
$30.7M
$14.0M
Q1 24
$22.8M
$-83.0M
Gross Margin
JBTM
JBTM
TOST
TOST
Q4 25
34.5%
25.9%
Q3 25
35.9%
26.5%
Q2 25
35.8%
25.3%
Q1 25
34.2%
25.9%
Q4 24
38.4%
24.9%
Q3 24
36.1%
24.7%
Q2 24
35.6%
23.0%
Q1 24
35.8%
23.2%
Operating Margin
JBTM
JBTM
TOST
TOST
Q4 25
7.2%
5.2%
Q3 25
10.2%
5.1%
Q2 25
5.2%
5.2%
Q1 25
-3.9%
3.2%
Q4 24
3.4%
2.5%
Q3 24
10.3%
2.6%
Q2 24
6.7%
0.4%
Q1 24
7.4%
-5.2%
Net Margin
JBTM
JBTM
TOST
TOST
Q4 25
5.3%
6.2%
Q3 25
6.6%
6.4%
Q2 25
0.4%
5.2%
Q1 25
-20.3%
4.2%
Q4 24
-1.5%
2.4%
Q3 24
8.6%
4.3%
Q2 24
7.6%
1.1%
Q1 24
5.8%
-7.7%
EPS (diluted)
JBTM
JBTM
TOST
TOST
Q4 25
$1.04
$0.18
Q3 25
$1.26
$0.16
Q2 25
$0.07
$0.13
Q1 25
$-3.35
$0.09
Q4 24
$-0.22
$0.09
Q3 24
$1.21
$0.07
Q2 24
$0.95
$0.02
Q1 24
$0.71
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JBTM
JBTM
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$167.9M
$1.4B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$4.5B
$2.1B
Total Assets
$8.2B
$3.1B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBTM
JBTM
TOST
TOST
Q4 25
$167.9M
$1.4B
Q3 25
$1.4B
Q2 25
$1.2B
Q1 25
$1.0B
Q4 24
$1.2B
$903.0M
Q3 24
$761.0M
Q2 24
$691.0M
Q1 24
$578.0M
Total Debt
JBTM
JBTM
TOST
TOST
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
Stockholders' Equity
JBTM
JBTM
TOST
TOST
Q4 25
$4.5B
$2.1B
Q3 25
$4.4B
$2.0B
Q2 25
$4.4B
$1.8B
Q1 25
$4.1B
$1.7B
Q4 24
$1.5B
$1.5B
Q3 24
$1.6B
$1.4B
Q2 24
$1.5B
$1.3B
Q1 24
$1.5B
$1.2B
Total Assets
JBTM
JBTM
TOST
TOST
Q4 25
$8.2B
$3.1B
Q3 25
$8.2B
$3.0B
Q2 25
$8.3B
$2.8B
Q1 25
$8.0B
$2.6B
Q4 24
$3.4B
$2.4B
Q3 24
$2.8B
$2.2B
Q2 24
$2.7B
$2.2B
Q1 24
$2.7B
$2.1B
Debt / Equity
JBTM
JBTM
TOST
TOST
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
JBTM
JBTM
TOST
TOST
Operating Cash FlowLast quarter
$117.4M
$194.0M
Free Cash FlowOCF − Capex
$83.5M
$178.0M
FCF MarginFCF / Revenue
8.3%
10.9%
Capex IntensityCapex / Revenue
3.4%
1.0%
Cash ConversionOCF / Net Profit
2.21×
1.92×
TTM Free Cash FlowTrailing 4 quarters
$238.1M
$608.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JBTM
JBTM
TOST
TOST
Q4 25
$117.4M
$194.0M
Q3 25
$87.7M
$165.0M
Q2 25
$102.2M
$223.0M
Q1 25
$34.4M
$79.0M
Q4 24
$128.7M
$147.0M
Q3 24
$71.9M
$109.0M
Q2 24
$21.6M
$124.0M
Q1 24
$10.4M
$-20.0M
Free Cash Flow
JBTM
JBTM
TOST
TOST
Q4 25
$83.5M
$178.0M
Q3 25
$56.5M
$153.0M
Q2 25
$83.7M
$208.0M
Q1 25
$14.4M
$69.0M
Q4 24
$118.7M
$134.0M
Q3 24
$65.0M
$97.0M
Q2 24
$11.1M
$108.0M
Q1 24
$-100.0K
$-33.0M
FCF Margin
JBTM
JBTM
TOST
TOST
Q4 25
8.3%
10.9%
Q3 25
5.6%
9.4%
Q2 25
9.0%
13.4%
Q1 25
1.7%
5.2%
Q4 24
25.4%
10.0%
Q3 24
14.3%
7.4%
Q2 24
2.8%
8.7%
Q1 24
-0.0%
-3.1%
Capex Intensity
JBTM
JBTM
TOST
TOST
Q4 25
3.4%
1.0%
Q3 25
3.1%
0.7%
Q2 25
2.0%
1.0%
Q1 25
2.3%
0.7%
Q4 24
2.1%
1.0%
Q3 24
1.5%
0.9%
Q2 24
2.6%
1.3%
Q1 24
2.7%
1.2%
Cash Conversion
JBTM
JBTM
TOST
TOST
Q4 25
2.21×
1.92×
Q3 25
1.33×
1.57×
Q2 25
30.06×
2.79×
Q1 25
1.41×
Q4 24
4.59×
Q3 24
1.85×
1.95×
Q2 24
0.70×
8.86×
Q1 24
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

JBTM
JBTM

Segment breakdown not available.

TOST
TOST

Technology Service$1.3B82%
License$256.0M16%
Product And Professional Services$43.0M3%

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