NYSE$JBI

Janus International Group Inc. · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Janus International Group experienced a revenue decrease due to decline in self-storage and commercial sectors, with net income and Adjusted EBITDA also decreasing.

Janus International Group reported a decrease in revenue for Q4 2024, with a significant drop in net income and adjusted EBITDA compared to the same period in 2023. The company highlighted the acquisition of TMC and investments in new products despite difficult market conditions.

  • Revenue decreased by 12.5% to $230.8 million compared to Q4 2023.
  • Net income significantly decreased to $0.3 million, or $0.00 per diluted share, compared to $35.8 million, or $0.24 per diluted share, in Q4 2023.
  • Adjusted EBITDA decreased by 53.4% to $34.6 million compared to $74.3 million in Q4 2023.
  • The asset acquisition of TMC contributed $9.5 million to revenue for the fourth quarter.

Headline financials

Total Revenue

$231M

Previous: $264M-12.5%
EPS (adj)

$0.05

Previous: $0.24-79.2%
Interest Expense, net

$10.7M

No prior period
Depreciation & Amortization

$11.3M

No prior period
Adjusted EBITDA

$34.6M

No prior period
Acquisition Expense

$100K

No prior period
Restructuring Charges

-$3.9M

No prior period
Impairment

$9.2M

No prior period
Net Income

$300K

Previous: $35.8M-99.2%
Operating Income

$12.8M

Previous: $63.9M-80.0%

Revenue & EPS history

Janus · Revenue · Quarterly

$231M

Q4 2024-12.5%vs Q4 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Forward guidance

Janus International Group provided initial full year 2025 guidance with revenue between $860 million and $890 million, and Adjusted EBITDA between $175 million and $195 million.

Tailwinds

  • Company is providing initial full year 2025 guidance.
  • Revenue is expected to be between $860 million and $890 million.
  • Adjusted EBITDA is expected to be between $175 million and $195 million.
  • Reaffirms Long-Term Outlook for Organic Growth
  • Reaffirms Margin with Best-in-Class Offerings and Continued Focus on Execution

Headwinds

  • Estimates are based upon a number of assumptions.
  • The Company has excluded a quantitative reconciliation with respect to the Company’s 2025 guidance.
  • inherent uncertainty and difficulty in predicting certain non-cash, material and/or non-recurring expenses or benefits, legal settlements or other matters, and certain tax positions.
  • variability of these items could have an unpredictable, and potentially significant, impact on our future GAAP financial results
  • Amounts excluded from these non-GAAP measures in future periods could be significant.

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 Q4 2024

Historical avgQ4 2024

+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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