Janus International Group, Inc. (JBI) is a leading global provider of comprehensive, turn-key solutions for self-storage facilities, as well as commercial and ...
Janus International Group, Inc. (NYSE: JBI) is a global manufacturer and supplier of comprehensive, turn-key solutions for self-storage facilities, as well as commercial and industrial building projects. Founded in 2002 by David Curtis and headquartered in Temple, Georgia, the company has grown to employ over 1,800 people worldwide and serves ...Janus International Group, Inc. (NYSE: JBI) is a global manufacturer and supplier of comprehensive, turn-key solutions for self-storage facilities, as well as commercial and industrial building projects. Founded in 2002 by David Curtis and headquartered in Temple, Georgia, the company has grown to employ over 1,800 people worldwide and serves more than 10,000 active customers. Under the leadership of CEO Ramey Jackson, who has been with the company since its inception, Janus has established itself as an industry innovator, with a product portfolio that includes rolling and hinged access systems, hallway installations, and relocatable storage units. The company's Noke smart entry system provides advanced intelligent access solutions, reflecting its commitment to automation and technology. Financially, Janus has demonstrated solid performance with a market capitalization around $757 million and a price-to-earnings ratio of 17.76. The company maintains a strong balance sheet with a current ratio of 2.647 and a debt-to-equity ratio of only 0.011, indicating low leverage. Its revenue per share is approximately $6.48, and it has achieved a net profit margin of 4.8%. The company's efficient operations are evidenced by an inventory turnover of 9.32 and a cash conversion cycle of 62.9 days. Janus continues to expand its global footprint, with operations in the United States, United Kingdom, Australia, and India, and focuses on delivering high-quality, cost-effective building solutions. With a strong management team and a history of innovation, Janus International Group is well-positioned for future growth in the self-storage and commercial construction markets.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$884.2M
-8.3%
+4.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$53.8M
-23.6%
+5250.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+38.8%
-6.0%
+1.8%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+12.7%
-16.6%
+50.0%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+6.1%
-16.7%
+5002.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$114.0M
-14.9%
-33.1%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+12.9%
-7.2%
-36.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
108.8%
-13.6%
-5.2%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
3.54x
+25.5%
+11.0%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Thank you for your continued patience. Your meeting will be shortly. If you need assistance at any time, please press 0. And a member from our team will be happy to help you. Thank you for your continued patience. Your meeting will begin shortly. If you need assistance at any time, please press 0. And a member of our team will be happy to help you. Thank you. Hello and welcome to the Janice International Group Second Quarter 26 Earnings Conference Call. All participants are in a listen-only mode and a question and answer session will follow the formal presentation. If you should require operator assistance during the conference, you may press As a reminder, this call is being recorded. I would now like to turn the call over to your host, Ms. Sara E. Macioch, Senior Director, Investor Relations of Janus. Please go ahead.
Sara E. Macioch: Thank you, operator, and thank you all for joining our earnings conference call. I am joined today by our Chief Executive Officer, Ramey Pierce Jackson and our Chief Financial Officer, Anselm Wong. We hope that you have seen our earnings release issued this morning. We have also posted a presentation in support of this call which can be found in the investors section of our website at janusintl.com. Our remarks in the press release, presentation and on this call contain forward looking statements regarding the company's business, strategy, operations and financial performance. Please review the forward looking statements section in today's press release and in our SEC filings for various factors that could cause our actual results to differ materially from our forward looking statements and projections. The company expressly disclaims any obligation to update or revise publicly any forward looking statements whether as a result of new information, future events, or otherwise. Additionally, non GAAP financial measures will be referenced in this call. A reconciliation of these measures to the most directly comparable GAAP financial measure can be found in our earnings press release and presentation. On today's call, Ramey will provide an overview of our business, Anselm will continue with a discussion of our financial results and 2026 guidance, before Ramey shares some closing thoughts and we open up the call for your questions. At this point, I will turn the call over to Ramey.
Ramey Pierce Jackson: Thanks, Sara, and good morning, everyone. Thank you all for joining our call today. Second quarter results reflected a continuation of the macroeconomic trends we have discussed throughout the year. As the operating environment remained challenging across many of the markets we serve. While we remain focused on execution and serving our customers, these factors had a greater impact on demand than we anticipated. As a result, total revenue totaled $233.5 million and adjusted EBITDA was $40.2 million Based on our year to date performance and current visibility, we are revising our full year guidance. Demand …
