Company / R&D Expense
JBT Marel Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$116.3M
FY2025
5-year range
$20.5M / $116.3M
FY2021-FY2025
Trend
+456.5%
vs FY2024
Sector context
#67 of 174
Industrials
What the data says
R&D Expense changed +456% YoY in FY2025, a notable deviation from the 9-year average annual change of +56%.
Based on SEC 10-K filings.
$116M in FY2025 with a 5-year CAGR of +34.0%.
Improved from $21M to $116M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +71.6%
- 5-Year CAGR
- +34.0%
- 10-Year CAGR
- -
Sector benchmark
#67 of 174 in IndustrialsTop 39% of 174This company $116.3M Sector average $273.7M
▼
-57.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +34.0%, indicating consistent growth.
- In FY2025, r&d expense increased 456.5% year-over-year.
- Ranks #67 out of 174 companies in the Industrials sector.
- Lowest r&d expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $116.3M | +456.5% |
| FY2024 | $20.9M | +2.0% |
| FY2023 | $20.5M | -10.9% |
| FY2022 | $23.0M | +4.5% |
| FY2021 | $22.0M | -18.2% |
| FY2020 | $26.9M | -6.3% |
| FY2019 | $28.7M | +21.6% |
| FY2018 | $23.6M | +29.7% |
| FY2017 | $18.2M | +24.7% |
| FY2016 | $14.6M | -19.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026