Janus International Group, Inc. JBI
Janus International Group, Inc. ("we," "us," "Group," "Janus" or the "Company"), headquartered in Temple, Georgia with eleven domestic and three international manufacturing facilities is a leading global manufacturer, supplier, and provider of turn-key self-storage, commercial, and industrial building solutions including: roll up and swing doors, hallway systems, single- and multi-story steel buildings, building components, relocatable storage "MASS" (Moveable Additional Storage Structures) units, facility and door automation technologies, and trucking terminal renovation, construction, remodeling, and maintenance services. We are highly integrated with customers at every phase of a project, including facility planning/design, construction, access control, and the restoration, rebuilding, and replacement ("R3") of self-storage facilities. The self-storage industry is comprised of institutional and non-institutional facilities. Institutional facilities typically include multi-story, climate controlled facilities located in prime locations owned and/or managed by large real estate investment trusts ("REITs") or returns-driven operators of scale and are primarily located in the top 50 U.S. metropolitan statistical areas ("MSAs"), whereas the vast majority of non-institutional facilities are single-story, non-climate controlled facilities located outside of city centers owned and/or managed by smaller private operators that are mostly located outside of the top 50 U.S. MSAs.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $884.2M | $963.8M | $1.07B | $1.02B | $750.1M | $549.0M | — |
| Cost of revenue | $541.2M | $566.0M | $616.7M | $654.6M | $498.8M | $345.1M | — |
| Gross profit | $343.0M | $397.8M | $449.7M | $364.9M | $251.3M | $203.8M | — |
| SG&A | $162.8M | $171.1M | $138.5M | $119.1M | $112.0M | $76.9M | — |
| Total operating expenses | $231.5M | $251.2M | $204.0M | $177.4M | $159.0M | $109.3M | — |
| Operating income | $111.5M | $146.6M | $245.7M | $187.5M | $92.3M | $94.5M | — |
| Interest expense | $36.8M | $49.6M | $60.0M | $42.0M | $32.9M | $36.0M | — |
| Pre-tax income | $76.4M | $100.3M | $182.8M | $145.3M | $50.3M | $59.0M | — |
| Income tax | $22.6M | $29.9M | $47.1M | $37.6M | $6.5M | $2.1M | — |
| Net income | $53.8M | $70.4M | $135.7M | $107.7M | $43.8M | $56.8M | — |
| EPS, basic | 0.39 | 0.49 | 0.92 | 0.73 | 0.41 | 0.86 | — |
| EPS, diluted | 0.38 | 0.49 | 0.92 | 0.73 | 0.40 | 0.86 | — |
| Shares, diluted (wtd. avg.) | 139.7M | 144.8M | 146.9M | 146.7M | 109.0M | 65.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $194.4M | $149.3M | $171.7M | $78.4M | $13.2M | $45.3M | $19.9M |
| Receivables | $107.9M | $136.5M | $174.1M | $155.4M | $107.4M | $75.1M | — |
| Inventory | $58.6M | $53.3M | $48.4M | $67.7M | $56.6M | $25.3M | — |
| Total current assets | $421.8M | $385.5M | $463.1M | $363.2M | $214.2M | $168.2M | — |
| Property, plant and equipment | $66.2M | $56.8M | $52.4M | $42.1M | $41.6M | $31.0M | — |
| Goodwill | $383.9M | $383.1M | $368.6M | $368.2M | $369.3M | $259.4M | — |
| Other intangibles | $341.1M | $373.5M | $375.3M | $404.4M | $436.0M | — | — |
| Total assets | $1.30B | $1.30B | $1.35B | $1.27B | $1.12B | $873.5M | — |
| Accounts payable | $40.7M | $53.9M | $59.8M | $52.3M | $55.0M | $29.9M | — |
| Short-term debt | $6.9M | $8.8M | $7.3M | $8.3M | $8.1M | $6.5M | — |
| Total current liabilities | $119.3M | $136.8M | $174.1M | $152.6M | $140.3M | $95.1M | — |
| Long-term debt | $538.8M | $583.2M | $607.7M | $699.9M | $703.7M | $617.6M | — |
| Total liabilities | $732.5M | $782.5M | $830.4M | $895.3M | $853.7M | $732.6M | — |
| Retained earnings | $358.1M | $304.3M | $233.9M | $98.2M | -$8.6M | -$48.2M | — |
| Total equity | $572.5M | $518.8M | $519.6M | $375.3M | $268.3M | $140.9M | $130.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $139.5M | $154.0M | $215.0M | $88.5M | $74.8M | $100.8M | — |
| Depreciation and amortisation | $12.9M | $12.0M | $9.3M | $7.9M | $6.5M | $6.0M | — |
| Stock-based compensation | $16.2M | $10.7M | $7.1M | $4.1M | $5.3M | $171.0K | — |
| Capital expenditure | $25.5M | $20.1M | $19.0M | $8.8M | $19.9M | $6.3M | — |
| Investing cash flow | -$25.6M | -$73.1M | -$19.9M | -$8.7M | -$189.9M | -$10.8M | — |
| Financing cash flow | -$69.4M | -$103.0M | -$102.4M | -$14.7M | $82.8M | -$64.1M | — |
| Buybacks | $15.9M | $78.8M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-016709.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $549.0M | $750.1M | $1.02B | $1.07B | $963.8M | $884.2M |
| Gross profit | — | $203.8M | $251.3M | $364.9M | $449.7M | $397.8M | $343.0M |
| Net income | — | $56.8M | $43.8M | $107.7M | $135.7M | $70.4M | $53.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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