Johnson Controls International plc

JCI Industrials Building Products & Equipment

Johnson Controls International plc’s revenue for fiscal 2026 (year ended September 2026) was $25.7 billion, up 8.77% from fiscal 2025.

Revenue
+10.4%
EPS
−40.1%
Free cash flow
+23.2%
Total debt
−6.10%

Quarter to September 2026, against a year earlier

132.33 8.20 −5.84%
Market cap
$79.6B
P/E
28.2×
Fwd P/E
30.2×
Dividend yield
1.21%
F-score
7/9
Altman Z
n/a
Beneish M
−2.42
Dividend safety
85/100

Revenue by segment Fiscal 2025

  • Americas
  • EMEA
  • APAC

Every year since 2009 →

Insider Decisions last twelve months

Bought, $m 1.01
Sold, $m 21.95
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — — — — — — — —
Sell 1 — 2 — — 2 1 — 2 — 1 —
Insider Ownership 0.03%

Capital & Financial Ratios $m

Size
Market Cap 79,630.00
Revenue ttm 25,666.00
Net income ttm 2,890.00
Free cash flow ttm 3,407.00
Net debt Q 8,659.00
Valuation
P/E 28.18
Forward P/E 30.20
Price / sales 3.11
Forward P/S Powerpack
Price / FCF 23.46
Price / book 2,283.64 (above 6: high)
Financial health
Current ratio Q 0.90 (below 1: weak)
Debt / equity Q 0.68
Interest coverage Q 154.00
Growth
Revenue growth Q +10.42% (above 0%: growing)
Operating income growth Q +164.42% (above 0%: growing)
EPS, this year +21.89% (at or above 15%: strong)
EPS, next year A +18.01% (at or above 15%: strong)
Revenue, next year A +8.38%
EPS, past 5 yrs +15.60% (at or above 15%: strong)
EPS, next 5 yrs A +17.52% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 53.33%
10-year low 10-year high
P/S against its own 10 years 91.24%
10-year low 10-year high
P/B against its own 10 years 99.05%
10-year low 10-year high
EV/Sales against its own 10 years 90.76%
10-year low 10-year high
EV/FCF against its own 10 years 21.16%
10-year low 10-year high

Dividends

Yield
1.21%
Annual rate
1.60
Payout ratio
34.2%
Growth, 2017–25
+5.41%/yr
  1. 1.01 ’17
  2. 1.04 ’18 +3
  3. 1.04 ’19 +0
  4. 1.04 ’20 +0
  5. 1.15 ’21 +11
  6. 1.40 ’22 +22
  7. 1.84 ’23 +31
  8. 1.48 ’24 −20
  9. 1.54 ’25 +4
  10. 1.63 ’26e +6
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 828 606 379 618
Receivables 5,494 6,051 6,269 7,316
Inventory 1,872 1,774 1,820 1,999
Other 2,543 2,748 1,694 1,745
10,737 11,179 10,162 11,678
2023 2024 2025 2026
Payables 3,498 3,389 3,614 4,381
ST’ Debt 1,006 1,489 1,289 1,744
Other 3,810 3,869 2,300 2,226
11,084 11,955 10,941 12,919

Compound Annual Growth %

10y 5y 3y
Sales 2.11% 1.63% 4.75%
Cash Flow 7.33% 8.70% 27.78%
Earnings 0.00% 11.75% 15.55%
Book Value (5.91%) (6.16%) (8.29%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Dec Mar Jun Sep Year
’26 — — — — —
’26 0.85 1.00 1.23 1.60 4.69
’25 0.63 0.72 1.07 2.67 5.03
’24 0.55 (0.41) 1.45 0.95 2.52
’23 0.17 0.19 1.53 0.80 2.69
’22 0.54 0.02 0.55 1.10 2.19
’21 0.62 0.48 0.80 0.38 2.27
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 5,797 6,142 6,614 7,113 25,666
’25 5,426 5,676 6,052 6,442 23,596
’24 5,209 5,597 5,898 6,248 22,952
’23 6,068 6,686 7,133 2,444 22,331
’22 5,862 6,098 6,614 2,063 20,637
’21 5,341 5,594 6,341 6,392 23,668
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 611 672 1,289 1,300 3,872
’25 249 550 787 968 2,554
’24 (111) (326) 653 1,352 1,568
’23 (296) 314 813 1,025 1,856
’22 392 (68) 487 426 1,237
’21 515 645 862 529 2,551
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 531 604 1,194 1,078 3,407
’25 133 456 693 875 2,157
’24 (193) (454) 564 1,158 1,075
’23 (430) 193 702 975 1,440
’22 264 (165) 320 458 877
’21 458 559 757 349 2,123
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 9.8% a year for ten years. It grew 66.1% a year over the last ten.

Implied
9.8%
10 years, reported
66.1%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 22,835 23,400 23,968 22,317 23,668 20,637 22,331 22,952 23,596 25,666 +1.3% 28,331 30,680 — +9.3%
Gross margin, % 32.98 32.76 32.10 33.21 34.05 34.36 34.95 35.19 36.41 37.07 +4.1 pt
EBT 1,151 1,546 1,056 903 2,614 1,112 1,113 1,522 1,969 3,426 +12.9%
EBT margin, % 5.04 6.61 4.41 4.05 11.04 5.39 4.98 6.63 8.34 13.35 +8.3 pt
Net income 829 1,349 1,100 631 1,513 1,294 1,581 1,411 1,724 2,890 +14.9%
Per share, $
Per share, $ Revenue 24.41 25.28 27.54 29.72 33.03 29.65 32.63 34.06 36.20 42.14 +6.3%
Earnings 1.71 2.32 6.52 0.84 2.28 2.22 2.72 2.53 5.05 4.70 +11.9%
Cash flow 0.40 1.64 2.00 3.30 3.56 1.78 2.71 2.33 3.92 6.36 +36.1%
Capex (0.78) (0.64) (0.64) (0.42) (0.60) (0.52) (0.61) (0.73) (0.61) (0.76) (0.3%)
Free cash flow (0.38) 1.00 1.36 2.88 2.96 1.26 2.10 1.60 3.31 5.59 n/m
Book value 22.85 24.26 23.94 24.68 26.17 25.00 25.86 25.77 19.87 22.41 (0.2%)
Shares, m 935 926 870 751 717 696 684 674 652 609 (4.7%)
Valuation, ×
Valuation, × P/E 23.15 15.10 6.74 48.06 29.86 22.27 19.47 30.56 21.52 31.65 24.8
P/S 1.66 1.39 1.59 1.37 2.06 1.66 1.61 2.28 3.04 3.50 2.0
P/B 1.77 1.45 1.83 1.66 2.60 1.97 2.03 3.01 5.53 2,565.27 258.7
EV/Sales 2.24 1.85 1.78 1.64 2.33 1.96 1.96 2.67 3.44 3.84 2.4
EV/FCF (141.90) 46.92 35.99 16.90 25.99 46.21 30.44 56.91 37.63 28.89 18.4
Cash, $m
Cash, $m Operating cash flow 371 1,520 1,743 2,479 2,551 1,237 1,856 1,568 2,554 3,872 +29.8%
Capex (731) (597) (559) (316) (428) (360) (416) (493) (397) (465) (4.9%)
Free cash flow (360) 923 1,184 2,163 2,123 877 1,440 1,075 2,157 3,407 n/m
Balance, $m
Balance, $m Working capital 438 573 3,323 1,805 900 446 (347) (776) (779) (1,241) n/m
Net debt 13,251 10,745 4,414 5,868 6,396 6,260 7,996 8,887 9,501 8,659 (4.6%)
Shareholders’ equity 21,367 22,458 20,829 18,533 18,753 17,402 17,694 17,361 12,954 13,646 (4.9%)
Returns, %
Returns, % ROA 2.80 4.29 12.46 1.52 3.96 3.65 4.38 4.01 8.16 7.30 +4.5 pt
ROIC 2.64 3.33 3.01 2.47 6.36 3.46 3.33 4.54 6.35 10.35 +7.7 pt
ROE 6.94 9.87 26.22 3.21 8.78 8.47 10.54 9.73 21.71 43.93 +37.0 pt
People
People Employees 121,000 122,000 104,000 97,000 101,000 102,000 100,000 94,000 87,000 — (4.0%)
Revenue/emp, $m 0.19 0.19 0.23 0.23 0.23 0.20 0.22 0.24 0.27 0.00 n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2026 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

Johnson Controls International plc is a commercial-building technology company founded in 1885 and headquartered in Cork, Ireland. Joakim Weidemanis has been Chief Executive Officer since March 2025. It engineers, manufactures, installs, commissions and retrofits equipment that controls building temperature, refrigeration, security and fire protection.

Its core offering includes commercial heating, ventilating and air-conditioning equipment; industrial refrigeration; building controls and management systems; electronic security; fire detection; and fire-suppression systems. It also maintains, repairs, upgrades and replaces that equipment, and provides energy-management consulting. Its OpenBlue platform combines its equipment and services with digital tools, including remote diagnostics, predictive maintenance, workplace management, compliance monitoring and risk assessments.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Americas 15,831 67.09%
EMEA 4,968 21.05%
APAC 2,797 11.85%
Gross margin 36.41%
Operating margin 9.67%
Pre-tax margin 8.34%

Revenue by segment since 2009

Johnson Controls International plc vs peers in Building Products & Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TT Trane Technologies plc $85.9B 27.8× 27.1× +17.71% (above 0%: growing) +25.40% (above 0%: growing) +28.82% (above 0%: growing) 35.28% 19.87% Compare
JCI Johnson Controls International plc $79.6B 28.2× 30.2× +10.42% (above 0%: growing) −40.07% (below 0%: shrinking) +23.20% (above 0%: growing) 38.03% 15.98%
CARR Carrier Global Corporation $43.5B — (loss-making) 47.7× +12.26% (above 0%: growing) n/m +200.89% (above 0%: growing) 26.87% (36.29%) Compare
MAS Masco Corporation $16.2B 18.1× 17.1× +2.56% (above 0%: growing) +30.00% (above 0%: growing) −20.00% (below 0%: shrinking) 36.62% 17.24% Compare
CSL Carlisle Companies Incorporated $14.7B 21.4× 20.3× +8.65% (above 0%: growing) +5.21% (above 0%: growing) −29.51% (below 0%: shrinking) 33.82% 20.04% Compare
LII Lennox International, Inc. $11.9B 16.2× 16.3× +10.21% (above 0%: growing) −8.27% (below 0%: shrinking) +36.71% (above 0%: growing) 31.62% 19.85% Compare
MAIR Madison Air Solutions Corporation $10.8B 48.8× 34.9× — — +79.04% (above 0%: growing) 38.98% 19.70% Compare
OC Owens Corning Inc $9.8B — (loss-making) 15.2× −7.27% (below 0%: shrinking) n/m −16.47% (below 0%: shrinking) 24.71% (6.11%) Compare
WMS Advanced Drainage Systems, Inc. $9.3B 23.3× 21.8× +4.59% (above 0%: growing) −26.87% (below 0%: shrinking) −8.28% (below 0%: shrinking) 38.89% 21.91% Compare
Median of peers $13.3B 22.4× 21.1× +8.65% +5.21% +10.27% 34.55% 19.78%

All 34 Building Products & Equipment stocks →

From the latest earnings call

Updated

  • Joakim Weidemanis said Johnson Controls’ pipeline continued to grow, with data centers important but its non-data-center pipeline also growing almost double digits.
  • Marc said Johnson Controls would provide fiscal 2027 details on its next earnings call, while citing record backlog and a growing pipeline.

Pay and ownership Proxy statement filed 16 January 2026

Ownership

Directors and executive officers, together less than 1%
The Vanguard Group, Inc., P.O. Box 11.20%
Dodge & Cox, 10.00%
BlackRock, Inc., 7.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Johnson Controls International plc (JCI) Latest News

3 Nov

Impact 3 · · The Motley Fool

20 Oct

Impact 3 · · Trefis

23 Sep

JCI metrics, ten years each

stockrow.com/JCI · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com