Earnings summaries and quarterly performance for Janus International Group.
Executive leadership at Janus International Group.
Ramey Jackson
Detailed
Chief Executive Officer
CEO
AW
Anselm Wong
Detailed
Executive Vice President and Chief Financial Officer
DV
David Vanevenhoven
Detailed
Chief Accounting Officer
EK
Elliot Kahler
Detailed
General Counsel and Corporate Secretary
MH
Morgan Hodges
Detailed
Executive Vice President
PF
Pete Frayser
Detailed
Chief Commercial Officer
RC
Rebecca Castillo
Detailed
Vice President of Human Resources
VN
Vic Nettie
Detailed
Vice President of Manufacturing
Board of directors at Janus International Group.
Research analysts who have asked questions during Janus International Group earnings calls.
Jeffrey Hammond
KeyBanc Capital Markets
4 questions for JBI
Also covers: AOS, ETN, GGG +19 more
JL
John Lovallo
UBS Group AG
3 questions for JBI
Also covers: AWI, AZEK, BLDR +14 more
Philip Ng
Jefferies
3 questions for JBI
Also covers: AWI, AZEK, BALL +26 more
DM
Daniel Moore
CJS Securities, Inc.
2 questions for JBI
Also covers: BOWL, CHB, CVCO +18 more
Fiona Shang
Jefferies
2 questions for JBI
Also covers: AWI, CHB, JELD +2 more
JM
John McGlade Jr
The Benchmark Company, LLC
2 questions for JBI
WG
Will Gildea
CJS Securities
2 questions for JBI
Also covers: EPAC, HLIO, KN +7 more
Bradley Hewitt
Wolfe Research
1 question for JBI
Also covers: FTV, ITT, SPXC +2 more
DM
Dan Moore
B. Riley Securities
1 question for JBI
Also covers: CHB, CVCO, CVLG +20 more
DT
David Tarantino
Robert W. Baird & Co.
1 question for JBI
Also covers: ATKR, BROS, CAKE +18 more
RG
Reuben Garner
Stifel
1 question for JBI
Also covers: BCC, BECN, BLD +12 more
Recent press releases and 8-K filings for JBI.
Janus International Group Completes Term Loan Repricing
JBI
Debt Issuance
New Projects/Investments
- Janus International Group successfully completed a repricing of its $551 million first lien term loan on February 2, 2026.
- The repricing reduces the applicable interest rate by 50 basis points, changing it from SOFR + 250 bps to SOFR + 200 bps.
- There are no changes to the maturity of the first lien term loan, which remains August 3, 2030.
- This action is expected to lower the company's cost of capital, enhancing financial flexibility and supporting its long-term growth strategy.
4 days ago
Janus International Discusses Recent Acquisitions, Growth Drivers, and 2026 Outlook
JBI
M&A
Share Buyback
Demand Weakening
- Janus International recently acquired Kiwi II Construction for $97 million, expanding its building solutions capabilities on the West Coast, and also acquired TMC in 2024 for $60 million. The company's capital allocation priorities are M&A and share repurchases, with net leverage at 2.3 and TTM free cash flow conversion of 171% at Q3 end.
- The Nokē Smart Entry technology is gaining traction with larger institutional operators, with expectations to hit scale in 2026 and achieve 60% and higher gross margins for its software revenue once past fixed costs and reaching a 500,000 unit break-even level.
- The self-storage R3 business is expected to benefit from accelerating REIT M&A in 2026. While the commercial pre-engineered metal building segment remains stagnant, the carport and shed sector is believed to be near a bottom. Steel input costs are expected to be steady in the immediate quarter but with indications of potential price increases.
Jan 14, 2026, 2:30 PM
Janus International Discusses Strategic Acquisitions, Financials, and Outlook
JBI
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Janus International recently completed two strategic acquisitions: Kiwi II Construction for $97 million, expanding its West Coast building solutions, and TMC in 2024 for $60 million, adding facility maintenance services for trucking terminals. M&A is the number one capital allocation priority.
- The company maintains a strong financial position, reporting net leverage of 2.3x and 171% TTM free cash flow conversion at Q3 end, which is within its target range.
- The Nokē Smart Entry technology is gaining traction with larger institutional operators and is expected to reach break-even at 500,000 units, with software gross margins projected at 60% and higher. International operations are also improving, targeting high teens to low 20s EBITDA margin.
- Management anticipates accelerated M&A in the self-storage REIT sector in 2026, which is positive for its R3 business, and expects strong momentum for TMC, though the pre-engineered metal building commercial sector remains stagnant.
Jan 14, 2026, 2:30 PM
Janus International discusses recent acquisitions, financial position, and segment outlook
JBI
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Janus International recently acquired Kiwi II Construction for $97 million, which is expected to be accretive and strategically expands its exterior building solutions on the West Coast, enhancing cross-selling opportunities.
- The company reported a strong financial position with net leverage of 2.3x and 171% TTM free cash flow conversion at Q3 end.
- Management anticipates accelerated R3 self-storage business growth in 2026 due to expected REIT M&A, and projects Nokē Smart Entry technology software revenue to achieve 60%+ gross margins after reaching its break-even point.
- M&A remains the top capital allocation priority, with several acquisition targets in the pipeline, followed by share repurchases.
Jan 14, 2026, 2:30 PM
Janus International Group Acquires Kiwi II Construction
JBI
M&A
- Janus International Group, Inc. (JBI) acquired Kiwi II Construction for approximately $97.2 million in cash on January 8, 2026.
- This acquisition is expected to expand Janus's building solutions capabilities and enhance its offerings for the self-storage sector.
- The transaction reflects an approximate 5x transaction multiple of adjusted EBITDA, and Kiwi II's net sales are expected to be approximately $90.0 million in fiscal 2025.
- Post-acquisition, Janus's net leverage ratio is expected to remain within its long-term target range of 2.0x to 3.0x.
Jan 8, 2026, 10:26 PM
Janus International Group Acquires Kiwi II Construction
JBI
M&A
New Projects/Investments
- Janus International Group (JBI) announced the acquisition of Kiwi II Construction for approximately $97.2 million in cash on January 8, 2026.
- The acquisition, valued at an approximate 5x transaction multiple of adjusted EBITDA, is expected to enhance Janus's building solutions capabilities and expand its product and service offerings for the self-storage sector.
- Kiwi II Construction, a provider of self-storage and pre-engineered buildings, is projected to achieve net sales of approximately $90.0 million in fiscal 2025.
- Following the acquisition, Janus's net leverage ratio is anticipated to remain within its stated long-term target range of 2.0x to 3.0x.
Jan 8, 2026, 9:05 PM
Janus (JBI) Reports Q3 2025 Results and Updates Full-Year Guidance
JBI
Earnings
Guidance Update
Demand Weakening
- Janus (JBI) reported Q3 2025 revenue of $219.3 million, a 4.7% decrease from the prior year, and adjusted EBITDA of $43.6 million, a 1.2% increase, leading to an adjusted EBITDA margin of 19.9%.
- The company updated its full-year 2025 guidance, projecting revenues between $870 million and $880 million and adjusted EBITDA between $164 million and $170 million, with an anticipated adjusted EBITDA margin of 19.1% at the midpoint.
- Self-storage revenue grew 3.7%, largely due to 32.9% growth in the international segment, while the commercial and other segment saw a 20.1% decline, primarily attributed to the TMC business.
- JBI maintained strong financial flexibility with $256.2 million in total liquidity and a net leverage of 2.3 times, and repurchased 82,000 shares for $800,000 in Q3 2025.
- Installations of the Noke Smart Entry system increased 35.9% year-over-year to 439,000 units, and the company has realized 70% of its expected $10 million-$12 million annual pre-tax cost savings for 2025.
Nov 6, 2025, 3:00 PM
Janus Reports Q3 2025 Results and Updates Full-Year Guidance
JBI
Earnings
Guidance Update
Demand Weakening
- Janus reported Q3 2025 revenue of $219.3 million, a 4.7% decrease from the prior year, while adjusted EBITDA increased 1.2% to $43.6 million, resulting in an adjusted EBITDA margin of 19.9%. Adjusted EPS for the quarter was $0.16.
- The company updated its full-year 2025 guidance, projecting revenues between $870 million and $880 million and adjusted EBITDA between $164 million and $170 million, with the adjusted EBITDA margin at the midpoint now expected to be 19.1% due to geographic and product mix.
- Self-storage revenue increased 3.7%, driven by a 32.9% rise in international sales to $28.3 million, which offset continued softness in North America. The Commercial and Other segment declined 20.1%, primarily due to project timing in the TMC business and weakness in the LTL trucking industry.
- Janus repurchased 82,000 shares for $800,000 during the quarter, with $80.5 million remaining on its share repurchase authorization, and S&P upgraded its credit rating to BB- with a stable outlook.
Nov 6, 2025, 3:00 PM
Janus International Group Reports Q3 2025 Financial Results and Updates Full-Year 2025 Guidance
JBI
Earnings
Guidance Update
Share Buyback
- Janus International Group reported Q3 2025 total revenue of $219.3 million, a 4.7% decrease compared to Q3 2024, primarily driven by a 20.1% decrease in Commercial and Other revenues which offset a 3.7% increase in total Self-Storage revenues.
- For Q3 2025, net income increased by 28.8% to $15.2 million, or $0.11 per diluted share, and Adjusted EPS rose 6.7% to $0.16.
- Adjusted EBITDA for Q3 2025 was $43.6 million, marking a 1.2% increase from the prior year period, with an Adjusted EBITDA Margin of 19.9%.
- The company updated its full-year 2025 guidance, narrowing the range for revenue to $870 million - $880 million and for Adjusted EBITDA to $164 million - $170 million.
- During Q3 2025, Janus repurchased approximately 82 thousand shares of common stock for $0.8 million.
Nov 6, 2025, 12:00 PM
Janus International Group Reports Third Quarter 2025 Financial Results
JBI
Earnings
Guidance Update
Share Buyback
- Janus International Group reported total revenue of $219.3 million for the third quarter ended September 27, 2025, marking a 4.7% decrease compared to $230.1 million in the third quarter of 2024.
- Net income increased by 28.8% to $15.2 million, or $0.11 per diluted share, for Q3 2025, compared to $11.8 million, or $0.08 per diluted share, in the prior year period.
- Adjusted EBITDA grew 1.2% to $43.6 million for the third quarter of 2025, with an Adjusted EBITDA Margin of 19.9%.
- The company repurchased approximately 82 thousand shares for $0.8 million during the quarter, with $80.5 million of remaining capacity on its share repurchase authorization.
- Janus International Group updated its full-year 2025 guidance, narrowing the revenue range to $870 million to $880 million and updating the Adjusted EBITDA outlook to $164 million to $170 million.
Nov 6, 2025, 11:55 AM
Quarterly earnings call transcripts for Janus International Group.
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