Johnson Controls
JCI NYSE· Building Products
Last close · Oct 26, 2026
$147.50
KIRA · Stoqly’s AI analyst, in plain words
- Johnson Controls had $23.6B of revenue in fiscal 2025, up 2.8% on the year before. Over five years, revenue changed +1.1% a year on average.
- Johnson Controls made $3.3B of net profit in fiscal 2025.
- Free cash flow was $2.1B in fiscal 2025, 9.0% of revenue.
- Johnson Controls returned $7.0B to shareholders in fiscal 2025, 329% of free cash flow. The diluted share count fell 3.2%.
- Johnson Controls owes $9.5B more than it holds in cash, about 3.0 years of operating profit.
Market cap
$90.6B
P/E
26.7x
Revenue
$23.6B
Net income
$3.3B
Free cash flow
$2.1B
Operating margin
—
Johnson Controls in 30 seconds · fiscal 2025
Are sales growing?
+2.8%
Only a little. Sales grew 2.8% last year.
Does it make a profit?
14.0%
Yes. It keeps 14.0% of every sale as profit.
Does profit turn into cash?
9.0%
Partly. 9.0% of sales ends up as free cash.
Is debt under control?
3.0x
Heavy. Repaying its debt would take 3.0 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
26.7x
One share costs 26.7 times its yearly profit per share. Typical for its sector: 26.0x.
What Johnson Controls does
Johnson Controls, headquartered in Cork, Ireland, makes, installs and services equipment that heats, cools, secures and protects commercial buildings. Its products include commercial heating, ventilation and air-conditioning (HVAC) equipment, industrial refrigeration, building controls, security systems and fire detection and suppression systems. Customers include owners of offices, data centers, hospitals, schools and government buildings. Its brands include York, Metasys and Simplex. The company sells mainly through its own sales and service offices, and also through distributors. In fiscal 2025 products and systems were about 68% of sales from continuing operations and services were 32%. Services include maintenance, repair and replacement of equipment, plus energy consulting and an OpenBlue software platform for managing buildings. It has three regional segments: Americas, EMEA (Europe, Middle East and Africa) and APAC (Asia Pacific).
Biggest risks, in its own words
- Falling short in developing or buying new products and technology that customers accept at acceptable margins.
- Problems with product quality, on-time delivery or supplier shortages.
- Demand that rises and falls with cyclical industries such as construction.
- Trade and tariff changes, and the risks of operating in many countries.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Nov 14, 2025
- Legal name
- JOHNSON CONTROLS INTERNATIONAL PLC
- CIK
- 0000833444
Johnson Controls · JCI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $23.7B | $20.6B | $22.3B | $23.0B | $23.6B |
| Revenue growth | 6.1% | −12.8% | 8.2% | 2.8% | 2.8% |
| Gross margin | 34.1% | 34.4% | 35.0% | 35.2% | 36.4% |
| Net income | $1.6B | $1.5B | $1.8B | $1.7B | $3.3B |
| Net margin | 6.9% | 7.4% | 8.3% | 7.4% | 14.0% |
| Diluted EPS | $2.27 | $2.19 | $2.69 | $2.52 | $5.03 |
| Cash | |||||
| Cash from operations | $2.6B | $1.2B | $1.9B | $1.6B | $2.6B |
| Capital expenditure | $552M | $487M | $446M | $494M | $434M |
| Free cash flow | $2.0B | $750M | $1.4B | $1.1B | $2.1B |
| FCF margin | 8.5% | 3.6% | 6.3% | 4.7% | 9.0% |
| Dividends paid | $762M | $916M | $980M | $1.0B | $976M |
| Share buybacks | $1.3B | $1.4B | $625M | $1.2B | $6.0B |
| Share count change | −4.3% | −3.0% | −1.7% | −1.7% | −3.2% |
| Debt and strength | |||||
| Cash and short-term investments | $1.3B | $2.0B | $828M | $606M | $379M |
| Debt incl. finance leases | $7.8B | $9.0B | $8.8B | $9.5B | $9.9B |
| Shareholders' equity | $17.6B | $16.3B | $16.5B | $16.1B | $12.9B |
| Net debt / EBITDA | 1.8x | 3.4x | 3.7x | 3.3x | 3.0x |
| Current ratio | 1.1x | 1.0x | 1.0x | 0.9x | 0.9x |
| Interest coverage | 12.9x | 5.9x | 4.9x | 5.2x | 7.1x |
| Returns and quality | |||||
| Return on capital | 7.6% | 5.4% | 5.6% | 6.7% | 8.2% |
| Return on equity | 9.4% | 9.1% | 11.3% | 10.5% | 22.7% |
| Piotroski F-score | 8 | 4 | 8 | 5 | 6 |
| Altman Z'' | 1.6 | 1.1 | 1.0 | 1.0 | 0.8 |
Insiders bought, 12 months
$1.0M
1 insider
Insiders sold, 12 months
$26.2M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Johnson Controls · JCI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Johnson Controls JCI | $90.6B | 2.8% | — | 9.0% | 8.2% | 26.7x | 6 |
| Carrier Global CARR | $47.6B | −3.3% | 10.0% | 9.8% | 8.0% | 36.9x | 5 |
| Trane Technologies TT | $101.2B | 7.5% | 18.6% | 13.2% | 29.0% | 34.4x | 8 |
| Owens Corning OC | $9.2B | 2.6% | 3.6% | 9.5% | 1.9% | — | 4 |
| Masco MAS | $15.4B | −3.4% | 16.5% | 11.5% | 40.4% | 18.7x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $147.50 a share, the company is worth $90.6B: 26.7 times its earnings of the last four quarters.
Johnson Controls grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000833444). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.
