Johnson Controls International plc

JCI · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Valuation
Market cap	$71,950	$51,845	$36,200	$33,903	$47,951	$28,772	$30,913	$32,372	$37,566	$32,773	$21,293	$28,362	$22,258	$18,136	–	–	–	–	–	–	–	–	–	$6,878	$22,115	$25,293	$25,171	$13,471	$10,002	$5,255	$3,843	$2,893	$2,635	$2,112	$2,363	$3,076	$2,906	$2,166	$1,623	$1,073	$564
Enterprise value	$82,788	$61,995	$45,345	$41,968	$55,546	$35,726	$36,390	$44,411	$51,757	$45,925	$27,513	$29,906	$22,759	$18,729	–	–	–	–	–	–	–	–	–	$8,777	$23,768	$26,840	$26,749	$15,664	$11,352	$6,133	$4,567	$3,474	$3,099	$2,693	$3,004	$3,802	$3,519	$2,607	$1,941	$1,291	$951
P/E (TTM) at period end	21.86×	30.41×	19.58×	22.13×	29.29×	45.60×	5.45×	14.97×	23.32×	–	13.62×	23.34×	41.53×	38.42×	–	–	–	–	–	–	–	–	–	11.45×	46.24×	53.54×	59.99×	39.89×	34.67×	22.39×	19.63×	17.51×	165.69×	17.17×	24.85×	33.29×	29.81×	20.93×	18.11×	11.19×	7.20×
P/S (TTM) at period end	3.05×	2.26×	1.62×	1.64×	2.03×	1.29×	1.29×	1.03×	1.25×	1.57×	1.25×	1.70×	2.21×	1.83×	–	–	–	–	–	–	–	–	–	0.34×	1.20×	1.47×	1.56×	1.07×	0.90×	0.53×	0.46×	0.42×	0.43×	0.41×	0.52×	0.68×	0.79×	0.70×	0.61×	0.41×	0.32×
P/B at period end	5.57×	3.22×	2.19×	2.08×	2.73×	1.65×	1.56×	1.53×	1.84×	1.36×	2.06×	2.52×	4.37×	3.63×	–	–	–	–	–	–	–	–	–	1.97×	7.41×	9.82×	11.09×	6.94×	5.93×	3.49×	2.87×	2.40×	2.44×	1.77×	2.22×	2.97×	2.97×	2.54×	2.11×	1.29×	0.74×
EV / EBITDA (TTM)	22.42×	19.15×	14.25×	15.38×	15.38×	13.87×	16.05×	16.16×	12.71×	18.93×	8.27×	13.91×	20.86×	19.57×	–	–	–	–	–	–	–	–	–	5.36×	16.09×	18.81×	20.57×	14.94×	11.92×	8.27×	6.19×	5.57×	6.07×	5.93×	7.55×	10.01×	10.65×	–	–	–	–
EV / Sales (TTM)	3.51×	2.70×	2.03×	2.03×	2.35×	1.60×	1.52×	1.41×	1.72×	2.20×	1.61×	1.79×	2.26×	1.89×	–	–	–	–	–	–	–	–	–	0.44×	1.29×	1.56×	1.66×	1.24×	1.02×	0.61×	0.55×	0.51×	0.50×	0.52×	0.66×	0.84×	0.96×	0.84×	0.73×	0.49×	0.53×
Returns
Return on equity	25.5%	10.6%	11.2%	9.4%	9.3%	3.6%	28.7%	10.2%	7.9%	(3.6%)	15.1%	10.8%	10.5%	9.5%	12.1%	8.0%	(13.9%)	10.0%	(19.6%)	14.0%	15.0%	15.7%	16.0%	17.2%	16.0%	18.3%	18.5%	17.4%	17.1%	15.6%	14.6%	13.7%	1.5%	10.3%	8.9%	8.9%	10.0%	12.1%	11.6%	11.6%	10.2%
Return on invested capital	10.4%	8.6%	9.5%	8.3%	7.3%	6.3%	5.7%	5.1%	6.6%	3.2%	13.8%	8.8%	4.6%	10.2%	4.2%	3.5%	(10.0%)	7.9%	(9.5%)	2.4%	48.9%	51.5%	12.0%	13.6%	12.7%	13.6%	12.7%	9.1%	10.8%	11.3%	11.9%	11.1%	10.6%	8.1%	7.3%	6.9%	7.0%	9.0%	8.6%	9.6%	6.3%
Dividend yield	1.4%	1.9%	2.7%	2.7%	1.6%	2.7%	3.0%	2.9%	1.9%	2.8%	3.1%	2.0%	1.3%	2.5%	–	–	–	–	–	–	–	–	–	1.8%	0.5%	0.4%	0.4%	0.7%	0.8%	1.5%	2.0%	2.5%	2.6%	3.0%	2.6%	2.0%	1.7%	–	–	–	–
Financial health
Current ratio	0.93×	0.94×	0.97×	1.04×	1.10×	1.22×	1.37×	1.05×	1.04×	1.05×	1.00×	1.13×	1.56×	1.58×	3.23×	1.40×	1.69×	1.48×	1.19×	1.14×	1.04×	0.99×	1.01×	1.03×	0.99×	0.95×	0.90×	0.79×	0.85×	1.13×	1.08×	1.17×	1.19×	1.22×	1.25×	1.17×	1.31×	1.38×	1.21×	1.25×	1.16×
Debt / equity	0.72×	0.56×	0.49×	0.50×	0.43×	0.43×	0.34×	0.52×	0.64×	0.50×	0.52×	0.57×	0.29×	0.30×	0.29×	0.30×	0.33×	0.28×	0.50×	0.67×	0.39×	0.51×	0.55×	0.56×	0.61×	0.71×	0.82×	1.20×	0.87×	0.69×	0.62×	0.59×	0.51×	0.57×	0.69×	0.75×	0.65×	0.54×	0.44×	0.29×	0.56×
Effective tax rate	12.4%	7.3%	(42.0%)	(16.4%)	33.2%	12.0%	(22.1%)	12.7%	28.0%	18.6%	7.6%	9.0%	18.0%	(477.6%)	16.8%	(6.0%)	(4.0%)	23.5%	(14.8%)	27.3%	24.9%	27.5%	31.0%	34.6%	38.7%	41.8%	42.6%	43.1%	45.1%	43.5%	45.4%	45.9%	45.0%	46.0%	46.0%	46.5%	45.5%	44.5%	47.6%	45.0%	44.9%
Share count
Diluted shares outstanding	654	676	687	700	721	754	874	932	945	673	662	675	472	463	479	488	473	488	495	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Revenue and gross profit
Revenue	$24,995	$23,596	$22,952	$22,331	$20,637	$23,668	$22,317	$23,968	$31,400	$30,172	$20,837	$17,100	$16,717	$10,058	$9,892	$10,099	$11,020	$16,882	$19,733	$18,477	$17,336	$39,283	$38,411	$22,646	$20,103	$18,427	$17,155	$16,139	$12,587	$11,145	$10,009	$8,330	$6,870	$6,182	$5,156	$4,559	$4,504	$3,684	$3,100	$2,677	$2,639	$1,787
Cost of revenue	($15,834)	($15,004)	($14,875)	($14,527)	($13,547)	($15,609)	($14,906)	($16,275)	($15,733)	($15,305)	($15,183)	($10,954)	($9,871)	($3,985)	($3,905)	($4,152)	($4,392)	($7,314)	($12,780)	($8,495)	($11,427)	($25,565)	($23,883)	($19,426)	($17,256)	($15,823)	($14,098)	($13,370)	($10,392)	($9,131)	($8,291)	($6,784)	($5,504)	($5,036)	($4,177)	($3,685)	($3,691)	($2,959)	($2,406)	($2,035)	($2,024)	($1,306)
Gross profit	$9,161	$8,592	$8,077	$7,804	$7,090	$8,059	$7,411	$7,693	$7,667	$7,530	$5,654	$4,531	$4,312	$6,073	$5,987	$5,947	$6,628	$9,568	$6,953	$9,982	$5,909	$13,718	$14,528	$3,220	$2,847	$2,604	$3,056	$2,770	$2,195	$2,015	$1,718	$1,546	$1,367	$1,146	$979	$874	$813	$725	$694	$642	$615	$481
Operating expenses
Research and development	–	($273)	($267)	($251)	($236)	($275)	($274)	($319)	($310)	($307)	($158)	($134)	($792)	($172)	($145)	($129)	($113)	($116)	($125)	–	–	–	–	–	($18)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	($5,550)	($5,764)	($5,661)	($5,387)	($5,078)	($5,258)	($5,665)	($6,244)	($5,642)	($5,723)	($4,190)	($3,191)	($2,994)	($2,838)	($2,823)	($2,747)	($2,946)	($4,599)	($4,824)	($4,776)	($4,363)	($7,393)	($8,141)	($2,059)	($1,725)	($1,643)	($1,630)	($1,469)	($1,147)	($1,063)	($853)	($809)	($743)	($635)	($525)	($476)	($434)	($394)	($380)	($366)	($341)	($287)
Total operating expenses	($5,687)	($5,764)	($5,656)	($5,367)	($5,078)	($5,292)	($5,657)	($6,250)	($5,742)	($4,378)	($4,181)	($2,064)	($3,117)	($5,361)	($5,409)	($5,060)	($6,013)	($11,074)	($5,057)	($11,714)	($4,475)	($8,226)	($8,918)	($2,059)	($1,725)	($1,643)	($2,091)	($1,915)	($1,531)	($1,418)	($1,239)	($1,097)	($1,002)	($847)	($714)	($645)	($585)	($520)	($484)	($464)	($432)	($349)
Total costs and expenses	($21,521)	($20,768)	($20,531)	($19,894)	($18,625)	($20,901)	($20,563)	($22,525)	($29,475)	($27,020)	($19,364)	($14,633)	($15,522)	($9,346)	($9,314)	($9,212)	($10,405)	($18,388)	($17,837)	($20,209)	($15,902)	($33,791)	($32,801)	($21,484)	($18,981)	($17,466)	($16,190)	($15,284)	($11,923)	($10,548)	($9,530)	($7,882)	($6,505)	($5,883)	($4,891)	($4,330)	($4,276)	($3,479)	($2,889)	($2,499)	($2,456)	($1,655)
Operating income	$3,474	$2,828	$2,421	$2,437	$2,012	$2,767	$1,754	$1,443	$1,925	$3,152	$1,473	$2,467	$1,195	$712	$578	$887	$615	($1,506)	$1,896	($1,732)	$1,434	$5,492	$5,610	$1,162	$1,122	$961	$965	$855	$664	$597	$479	$449	$365	$298	$266	$229	$228	$205	$210	$178	$184	$132
Earnings
EBITDA	$4,249	$3,693	$3,237	$3,182	$2,729	$3,612	$2,576	$2,268	$2,749	$4,071	$2,426	$3,327	$2,150	$1,091	$957	$1,270	$1,064	($373)	$3,044	($584)	$2,139	$6,131	$6,179	$1,720	$1,639	$1,477	$1,427	$1,300	$1,048	$952	$741	$737	$624	$510	$454	$398	$380	$330	–	–	–	–
Interest income	$17	$19	$17	$17	$6	$9	$23	$61	$13	$11	$12	$7	$8	$16	$18	$26	$25	$44	$112	$104	$43	$123	$91	$10	$12	$19	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($139)	($157)	($462)	($245)	($225)	($219)	($240)	($335)	($409)	($446)	($293)	($275)	($238)	($100)	($209)	($240)	($279)	($301)	($396)	($313)	($279)	($814)	($956)	($114)	($122)	($129)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pre-tax income	$2,718	$1,969	$1,522	$1,113	$1,112	$2,614	$903	$1,056	$1,546	$1,151	$1,061	$931	$1,037	$599	($67)	$668	$285	($1,770)	$1,389	($2,196)	$1,134	$4,153	$4,085	$1,058	$1,006	$867	$811	$731	$594	$402	$394	$359	$306	$251	$228	$176	$173	$179	$186	$171	$174	$142
Income tax expense	($528)	($245)	($111)	$468	$182	($868)	($108)	$233	($197)	($322)	($197)	($71)	($93)	($108)	($320)	($112)	$17	($71)	($326)	($324)	($310)	($1,035)	($1,123)	($328)	($348)	($336)	($339)	($312)	($256)	($181)	($172)	($163)	($140)	($113)	($105)	($81)	($80)	($81)	($83)	($81)	($78)	($64)
Net income	$3,579	$3,291	$1,705	$1,849	$1,532	$1,637	$631	$5,674	$2,162	$1,611	($868)	$1,563	$1,215	$536	$472	$1,719	$1,130	($1,798)	$1,553	($1,742)	$1,028	$909	$818	$683	$600	$478	$472	$420	$338	$288	$235	$196	$165	$16	$123	$95	$92	$98	$104	$90	$96	$78
Per share
Diluted EPS (GAAP)	$5.75	$5.03	$2.52	$2.69	$2.19	$2.27	$0.84	$6.49	$2.32	$1.71	($1.29)	$2.36	$1.80	$1.14	$1.02	$3.59	$2.31	($3.80)	$3.19	($3.52)	$1.97	$1.51	$1.41	$0.52	$0.87	$21.40	$21.32	$0.78	$15.20	$13.07	$0.44	$8.94	$0.31	$0.0139	$0.24	$0.18	$0.18	$0.21	$0.24	$0.19	$0.21	$0.21
Basic EPS (GAAP)	$5.78	$5.04	$2.53	$2.70	$2.20	$2.28	$0.84	$6.52	$2.34	$1.72	($1.30)	$2.39	$1.82	$1.15	$1.02	$3.63	$2.33	($3.80)	$3.21	($3.52)	$2.03	$1.59	$1.50	$0.52	$0.87	$22.66	$22.62	$0.83	$16.25	$13.78	$0.47	$9.49	$0.33	$0.0139	$0.25	$0.19	$0.19	$0.22	$0.25	$0.19	$0.21	$0.21
Basic shares outstanding	615	652	674	684	696	717	751	870	926	935	667	655	667	465	463	474	485	473	484	495	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679	679
Margins
Gross margin	36.7%	36.4%	35.2%	34.9%	34.4%	34.1%	33.2%	32.1%	24.4%	25.0%	27.1%	26.5%	25.8%	60.4%	60.5%	58.9%	60.1%	56.7%	35.2%	54.0%	34.1%	34.9%	37.8%	14.2%	14.2%	14.1%	17.8%	17.2%	17.4%	18.1%	17.2%	18.6%	19.9%	18.5%	19.0%	19.2%	18.1%	19.7%	22.4%	24.0%	23.3%	26.9%
Operating margin	13.9%	12.0%	10.5%	10.9%	9.7%	11.7%	7.9%	6.0%	6.1%	10.4%	7.1%	14.4%	7.1%	7.1%	5.8%	8.8%	5.6%	(8.9%)	9.6%	(9.4%)	8.3%	14.0%	14.6%	5.1%	5.6%	5.2%	5.6%	5.3%	5.3%	5.4%	4.8%	5.4%	5.3%	4.8%	5.1%	5.0%	5.1%	5.6%	6.8%	6.6%	7.0%	7.4%
Net margin	14.3%	13.9%	7.4%	8.3%	7.4%	6.9%	2.8%	23.7%	6.9%	5.3%	(4.2%)	9.1%	7.3%	5.3%	4.8%	17.0%	10.3%	(10.7%)	7.9%	(9.4%)	5.9%	2.3%	2.1%	3.0%	3.0%	2.6%	2.8%	2.6%	2.7%	2.6%	2.3%	2.4%	2.4%	0.3%	2.4%	2.1%	2.1%	2.6%	3.3%	3.3%	3.6%	4.4%

Analyst consensus

Buy45 analysts

Bearish · 0 · Hold · 17 · Bullish · 28

Earnings history

	EPS	Estimate
Q4 2024	$1.28	$1.24	Beat
Q1 2025	$0.64	$0.59	Beat
Q2 2025	$0.82	$0.79	Beat
Q3 2025	$1.05	$1.01	Beat
Q4 2025	$1.26	$1.20	Beat
Q1 2026	$0.89	$0.84	Beat
Q2 2026	$1.19	$1.12	Beat
Q3 2026	$1.42	$1.30	Beat

Peers

Company overview

IPO dateSep 28, 1987

CEOJoakim Weidemanis

Employees87,000

SectorBasic Materials

IndustryConstruction Materials

CountryIE

ExchangeNew York Stock Exchange

Websitewww.johnsoncontrols.com

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company designs, manufactures, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and digital solutions. It also provides energy solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven building solutions. It sells its products and services to commercial, residential security, institutional, industrial, data center, marine, and governmental customers. Johnson Controls International plc was incorporated in 1885 and is based in Cork, Ireland.

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