Johnson Controls vs Owens Corning
Add, change or remove companies; up to four.
The short version
- Johnson Controls is the larger business, with $23.6B of revenue in fiscal 2025 against $10.1B for Owens Corning, about 2.3 times as much.
- Owens Corning turned more of its sales into free cash flow (9.5% FCF margin, against 9.0%).
- Johnson Controls earned a higher return on the capital invested in it (8.2%, against 1.9%).
| Latest fiscal year | JCI · FY25 | OC · FY25 |
|---|---|---|
| Size | ||
| Market cap | $88.4B | $9.2B |
| Revenue | $23.6B | $10.1B |
| Free cash flow | $2.1B | $962M |
| Net income | $3.3B | −$522M |
| Growth | ||
| Revenue growth | 2.8% | 2.6% |
| 5-year growth | 1.1% | 7.5% |
| Share count change | −3.2% | −4.3% |
| Profitability | ||
| Gross margin | 36.4% | 28.1% |
| Operating margin | — | 3.6% |
| Net margin | 14.0% | −5.2% |
| FCF margin | 9.0% | 9.5% |
| Return on capital | 8.2% | 1.9% |
| Return on equity | 22.7% | −11.7% |
| Balance sheet | ||
| Net debt | $9.5B | $4.8B |
| Net debt / EBITDA | 3.0x | 4.6x |
| Dividends and buybacks | $7.0B | $1.0B |
| Valuation & quality | ||
| P/E | 26.0x | — |
| Piotroski F-score | 6 | 4 |
FY16
JCI $20.8B
OC $5.7B
FY17
JCI $22.8B
OC $6.4B
FY18
JCI $23.4B
OC $7.1B
FY19
JCI $24.0B
OC $7.2B
FY20
JCI $22.3B
OC $7.1B
FY21
JCI $23.7B
OC $8.5B
FY22
JCI $20.6B
OC $9.8B
FY23
JCI $22.3B
OC $8.4B
FY24
JCI $23.0B
OC $9.9B
FY25
JCI $23.6B
OC $10.1B
JCI
OC
FY16
JCI —
OC 12.3%
FY17
JCI —
OC 12.5%
FY18
JCI —
OC 11.4%
FY19
JCI —
OC 11.0%
FY20
JCI —
OC −2.0%
FY21
JCI —
OC 16.9%
FY22
JCI —
OC 17.6%
FY23
JCI —
OC 19.6%
FY24
JCI —
OC 15.0%
FY25
JCI —
OC 3.6%
JCI
OC
FY16
JCI $659M
OC $570M
FY17
JCI −$389M
OC $679M
FY18
JCI $875M
OC $266M
FY19
JCI $1.2B
OC $590M
FY20
JCI $2.0B
OC $828M
FY21
JCI $2.0B
OC $1.1B
FY22
JCI $750M
OC $1.3B
FY23
JCI $1.4B
OC $1.2B
FY24
JCI $1.1B
OC $1.2B
FY25
JCI $2.1B
OC $962M
JCI
OC
FY16
JCI 4.7%
OC 8.3%
FY17
JCI 3.1%
OC 6.8%
FY18
JCI 5.0%
OC 9.0%
FY19
JCI 4.8%
OC 7.1%
FY20
JCI 4.1%
OC −1.6%
FY21
JCI 7.6%
OC 16.8%
FY22
JCI 5.4%
OC 20.1%
FY23
JCI 5.6%
OC 18.2%
FY24
JCI 6.7%
OC 12.9%
FY25
JCI 8.2%
OC 1.9%
JCI
OC
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.