Johnson Controls International plc JCI
Johnson Controls International plc, headquartered in Cork, Ireland, is a global leader in smart, healthy and sustainable buildings, serving a wide range of customers around the globe. The Company's products, services, systems and solutions advance the safety, comfort and intelligence of spaces to serve people, places and the planet. The Company is committed to helping its customers win and creating greater value for all of its stakeholders through its strategic focus on buildings.
Johnson Controls was originally incorporated in the state of Wisconsin in 1885 as Johnson Electric Service Company to manufacture, install and service automatic temperature regulation systems for buildings and was renamed Johnson Controls,
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.60B | $22.95B | $22.33B | $20.64B | $23.67B | $22.32B | $23.97B | $23.40B | $22.84B | $20.84B |
| Cost of revenue | $15.00B | $14.88B | $14.53B | $13.55B | $15.61B | $14.91B | $16.27B | $15.73B | $15.30B | $15.18B |
| Gross profit | $8.59B | $8.08B | $7.80B | $7.09B | $8.06B | $7.41B | $7.69B | $7.67B | $7.53B | $5.65B |
| R&D | $273.0M | $267.0M | $251.0M | $236.0M | $275.0M | $274.0M | $319.0M | $310.0M | $307.0M | $158.0M |
| SG&A | $5.76B | $5.66B | $5.39B | $5.08B | $5.26B | $5.67B | $6.24B | $5.64B | $5.72B | $4.19B |
| Interest expense | — | — | — | $225.0M | $219.0M | $240.0M | $335.0M | $409.0M | $446.0M | $293.0M |
| Pre-tax income | $1.97B | $1.52B | $1.11B | $1.11B | $2.61B | $903.0M | $1.06B | $1.55B | $1.15B | $1.06B |
| Income tax | $245.0M | $111.0M | $468.0M | $182.0M | $868.0M | $108.0M | $233.0M | $197.0M | $322.0M | $197.0M |
| Net income | $3.29B | $1.71B | $1.85B | $1.53B | $1.64B | $631.0M | $5.67B | $2.16B | $1.61B | -$868.0M |
| EPS, basic | 5.04 | 2.53 | 2.70 | 2.20 | 2.28 | 0.84 | 6.52 | 2.34 | 1.72 | -1.30 |
| EPS, diluted | 5.03 | 2.52 | 2.69 | 2.19 | 2.27 | 0.84 | 6.49 | 2.32 | 1.71 | -1.29 |
| Shares, diluted (wtd. avg.) | $654.1M | $676.0M | $687.4M | $699.6M | $721.1M | $753.6M | $874.3M | $931.7M | $944.6M | $672.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $379.0M | $606.0M | $828.0M | $2.03B | $1.34B | $1.95B | $2.81B | $200.0M | $332.0M | $654.0M |
| Receivables | $6.27B | $6.05B | $5.49B | $5.73B | $5.61B | $5.29B | $5.77B | $5.62B | $6.67B | $6.39B |
| Inventory | $1.82B | $1.77B | $1.87B | $2.67B | $2.06B | $1.77B | $1.81B | $1.82B | $3.21B | $2.89B |
| Total current assets | $10.16B | $11.18B | $10.74B | $11.69B | $10.00B | $10.05B | $12.39B | $11.82B | $12.29B | $17.11B |
| Property, plant and equipment | $2.19B | $2.40B | $2.37B | $2.27B | $3.23B | $3.06B | $3.35B | $3.30B | $3.34B | $5.63B |
| Goodwill | $16.63B | $16.73B | $16.77B | $16.18B | $18.34B | $17.93B | $18.18B | $18.38B | $18.59B | $21.02B |
| Other intangibles | $3.61B | $4.13B | $4.77B | $5.16B | $5.55B | $5.36B | $5.63B | $6.19B | $6.74B | $7.54B |
| Total assets | $37.94B | $42.70B | $42.24B | $42.16B | $41.89B | $40.81B | $42.29B | $48.80B | $51.88B | $63.18B |
| Accounts payable | $3.61B | $3.39B | $3.50B | $4.37B | $3.75B | $3.12B | $3.58B | $3.41B | $4.27B | $4.00B |
| Short-term debt | $723.0M | $953.0M | $361.0M | $669.0M | $8.0M | $31.0M | $10.0M | $1.31B | $1.21B | $1.08B |
| Total current liabilities | $10.94B | $11.96B | $11.08B | $11.24B | $9.10B | $8.25B | $9.07B | $11.25B | $11.85B | $16.33B |
| Long-term debt | $9.20B | $8.57B | $8.46B | — | — | — | — | — | — | — |
| Retained earnings | $0 | $848.0M | $1.38B | $1.15B | $2.02B | $2.47B | $4.83B | $6.60B | $5.23B | $9.18B |
| Total equity | $12.93B | $16.10B | $17.69B | $17.40B | $18.75B | $18.53B | $19.77B | $21.16B | $20.45B | $24.12B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.55B | $1.57B | $1.86B | $1.24B | $2.55B | $2.48B | $1.74B | $1.52B | $371.0M | $1.91B |
| Depreciation and amortisation | $865.0M | $816.0M | $745.0M | $717.0M | $845.0M | $822.0M | $825.0M | $824.0M | $919.0M | $953.0M |
| Stock-based compensation | $140.0M | $107.0M | $107.0M | $98.0M | $76.0M | $74.0M | $95.0M | $106.0M | $134.0M | $142.0M |
| Capital expenditure | $434.0M | $494.0M | $446.0M | $487.0M | $552.0M | $443.0M | $586.0M | $645.0M | $760.0M | $1.25B |
| Investing cash flow | -$412.0M | -$184.0M | -$1.09B | -$588.0M | -$1.09B | -$258.0M | -$533.0M | $1.57B | -$648.0M | -$887.0M |
| Financing cash flow | -$6.78B | -$1.95B | -$2.06B | -$395.0M | -$2.13B | -$2.82B | -$10.52B | -$3.75B | -$649.0M | -$946.0M |
| Dividends paid | $976.0M | $1.00B | $980.0M | $916.0M | $762.0M | $790.0M | $920.0M | $954.0M | $702.0M | $915.0M |
| Buybacks | $5.99B | $1.25B | $625.0M | $1.44B | $1.31B | $2.20B | $5.98B | $300.0M | $651.0M | $501.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000833444-25-000097.
Others in SIC 3585
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|---|---|---|---|---|
| CARR | CARRIER GLOBAL Corp | $49.59B | 34.7x | -3.3% |
| LII | LENNOX INTERNATIONAL INC | $13.59B | 17.1x | -2.7% |
| AAON | AAON, INC. | $6.55B | 61.6x | 20.1% |
| TGEN | TECOGEN INC. | $94.5M | — | 19.7% |
| AIRJW | AirJoule Technologies Corp. | $77.7M | — | — |
| GCDT | Green Circle Decarbonize Technology Ltd | — | — | — |