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

Johnson Controls International plc (JCI) Piotroski F-score

Alert me on Piotroski F-score

Johnson Controls International plc's Piotroski F-score for fiscal 2026 is 7 out of 9: 7 of nine tests of profitability, leverage and efficiency passed, up from 6 in fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 7 1.00
FY2025 6 1.00
FY2024 5 (2.00)
FY2023 7 2.00
FY2022 5 (2.00)
FY2021 7 1.00
FY2020 6 (1.00)
FY2019 7 0.00
FY2018 7 2.00
FY2017 5 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 7.30% 8.16% Pass 1
Positive operating cash flow 3.87b 2.55b Pass 1
Rising return on assets 7.30% 8.16% Fail 0
Cash flow above net income 1.02b (737.00m) Pass 1
Falling long-term leverage 0.19 0.21 Pass 1
Rising current ratio 0.90 0.93 Fail 0
No new shares issued 609,000,000 651,800,000 Pass 1
Rising gross margin 37.07% 36.41% Pass 1
Rising asset turnover 0.66 0.59 Pass 1
Piotroski F-score Strong — most fundamentals improved 7

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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