Johnson Controls International plc (JCI) vs Masco Corporation (MAS)

Johnson Controls International plc and Masco Corporation are both Building Products & Equipment companies. Johnson Controls International plc is the larger, with a market value of $88.1B against $13.3B — 6.6× the size. Masco Corporation trades at the lower P/E: 15.8× against 26.0×. Johnson Controls International plc grew revenue faster over the last twelve months: 6.81% against −0.56%. Johnson Controls International plc has the higher net margin (14.3% vs 11.6%) and the lower return on invested capital (8.35% vs 32.4%). Both pay a dividend; Johnson Controls International plc yields more (2.65% vs 1.60%). Across the 22 metrics below, Masco Corporation leads on 16 and Johnson Controls International plc on 6.

Valuation

Metric JCI MAS Building Products & Equipment median
P/E 26.03 15.83 24.54
P/S 3.65 1.80 2.00
P/B 6.76 n/m 3.02
Price to free cash flow 28.50 12.02 18.49
EV/EBITDA 26.62 12.26 12.63
EV/Sales 4.01 2.15 2.14
Earnings yield 3.84% 6.32% 2.74%
Free cash flow yield 3.51% 8.32% 3.58%

Profitability

Metric JCI MAS Building Products & Equipment median
Gross margin 36.65% 36.96% 29.19%
Operating margin 11.95% 17.56% 6.84%
Net margin 14.32% 11.60% 4.05%
Free cash flow margin 12.82% 14.96% 8.72%
Return on equity 23.42% 5,893.33% 9.28%
Return on assets 8.71% 16.54% 2.88%
Return on invested capital 8.35% 32.43% 5.16%

Growth

Metric JCI MAS Building Products & Equipment median
Revenue growth (TTM) 6.81% (0.56%) 3.11%
EPS growth (last fiscal year) 99.60% 2.66% —
Revenue growth, 5-year CAGR 1.12% 1.02% 5.37%
Net income growth, 5-year CAGR 39.14% (7.79%) 0.00%

Health

Metric JCI MAS Building Products & Equipment median
Debt to equity 0.70 (27.50) 0.43
Current ratio 1.00 1.86 1.82
Net debt to EBITDA 3.02 1.65 0.98

Dividend

Metric JCI MAS Building Products & Equipment median
Dividend yield 2.65% 1.60% 1.20%
Payout ratio 0.48 0.32 0.04

Size

Metric JCI MAS Building Products & Equipment median
Market cap 88.05b 13.27b 1.18b

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