NYSE$JBI

Janus International Group Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Delivered strong revenue growth and increased Adjusted EBITDA and Net Income.

Janus International Group reported a 39.8% increase in revenue, driven by strong performance across all sales channels. Adjusted EBITDA increased by 74.3%, and net income grew by over 108%. The company raised its full-year 2022 revenue and Adjusted EBITDA outlook.

  • Revenue increased by 39.8%, including a 35.2% organic improvement.
  • Adjusted EBITDA increased by over 74% to $63.3 million.
  • Net Income grew to $32.4 million, an increase of over 108%.
  • Adjusted EBITDA margin improved by approximately 480 basis points.

Headline financials

Total Revenue

$263M

Previous: $188M+39.8%
EPS (adj)

$0.22

Previous: $0.11+100.0%
Capital Expenditures

-$7.86M

Previous: -$15.9M+50.7%
Free Cash Flow

$24.5M

Previous: $1.75M+1304.7%
Net Income

$32.4M

Previous: $17.7M+83.3%
Operating Income

$53.9M

Previous: $25.2M+113.7%
Gross Profit

$96.8M

Previous: $62.2M+55.5%
Cash & Equivalents

$55.3M

Previous: $9.22M+500.1%
Total Assets

$1.25B

Previous: $1.13B+10.5%
Stock-Based Comp

$635K

No prior period

Revenue & EPS history

Janus · Revenue · Quarterly

$263M

Q3 2022+39.8%vs Q3 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Janus is raising its full-year 2022 outlook.

Tailwinds

  • Revenue in a range of $990 million to $1.01 billion, up from the previous range of $940 million to $960 million.
  • The new revenue range represents a 33.3% increase at the midpoint as compared to 2021 levels.
  • Adjusted EBITDA in a range of $218 million to $225 million, up from the previous range of $204 million to $211 million.
  • The new Adjusted EBITDA range represents a 49.5% increase at the midpoint as compared to 2021 levels.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+2.0%

Avg return

Earnings day

+1.8%

Avg return

5 days after

-4.0%

Avg return

30 days after

61%

14 / 23 earnings

Positive

+27.3%

Q3 2022

Best reaction

-29.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.8%-5.7%+3.5%
Q4 2025-14.8%-18.1%-27.8%
Q3 2025+0.8%-5.0%-38.3%
Q1 2025+10.2%+18.9%+14.5%
Q4 2024+13.0%-2.6%-10.9%
Q3 2024-29.4%-28.7%-28.3%
Q2 2024-20.9%-22.9%-21.6%
Q1 2024+2.2%+3.9%-3.4%
Q4 2023-4.0%-2.3%+1.2%
Q3 2023-1.1%-0.5%+6.4%
Q2 2023+11.8%+15.1%-1.8%
Q1 2023-3.7%-7.0%-0.4%
Q4 2022+3.2%+6.2%-7.3%
Q3 2022+27.3%+26.3%+24.3%
Q2 2022+0.4%-2.8%-10.9%
Q1 2021+16.8%+17.8%+3.0%
Q1 2022+16.8%+17.8%+3.0%
Q4 2021+7.0%+12.9%+5.6%
Q3 2021-15.6%-8.4%-12.6%
Q3 2020-15.6%-8.4%-12.6%
Q4 2020+14.9%+11.6%+7.7%
Q2 2021+14.9%+11.6%+7.7%
Q2 2020+14.9%+11.6%+7.7%

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