earnings
confidence high
sentiment positive
materiality 0.80
Janus International reports record FY2022 revenue $1.0B, Adj EBITDA $226.9M; issues 2023 guidance
Janus International Group, Inc.
- FY2022 revenue $1.0B (+35.9% YoY, organic +28.4%); net income $107.7M ($0.73 EPS), adjusted EPS $0.74.
- FY2022 Adj EBITDA $226.9M (margin 22.3% vs 19.8% prior year); net leverage reduced to 2.8x from 4.4x.
- Q4 revenue $279.7M (+18.9%); Net income $32.7M ($0.22 EPS); Adj EBITDA $68.3M (margin 24.4%).
- 2023 guidance: revenue $1.05B-$1.07B, Adj EBITDA $250M-$275M (midpoint +15.6% YoY).
- Integration of DBCI and ACT acquisitions completed ahead of schedule with greater than expected benefits.