Johnson Controls International plc
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Following Johnson Controls' divestiture of its residential and light commercial HVAC businesses to Bosch in 2025, nearly all of its revenue comes from commercial HVAC (60%) and fire and security products and services (40%).
It is a $95.4B industrial company. Revenue grew 24.5% over the last year, it keeps 14¢ of every dollar of sales as profit, and its net debt equals ~2.8 years of free cash flow. It trades at 26.6× earnings — in the cheapest third of its own history.
- Website
- johnsoncontrols.com
- Location
- Cork, L2
- Employees
- 87 000
- Sector
- Industrials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability and quality; Health and Moat lag behind.
Valuation62
- P/E vs own history17th pct · 25/25
- FCF yield3.3% · 12/25
- P/S4.5x · 20/25
- EV/EBITDA27.7x · 5/25
Growth57
- Revenue CAGR-0.1% · 0/25
- Net income CAGR19.1% · 20/25
- EPS CAGR ~5Y21.8% · 25/25
- Fwd implied growth10.5% · 12/25
Profitability77
- ROIC15.1% · 20/25
- ROE26.9% · 25/25
- Net margin14.3% · 20/25
- Operating margin14.2% · 12/25
Health36
- Altman Zn/a · 0/25
- Current ratio1.00 · 6/25
- Interest coverage7.7x · 18/25
- Net cash / debtD/A 24% · 12/25
Quality87
- Piotroski F5/9 · 15/25
- Beneish M-2.55 · 25/25
- FCF conversion88% · 22/25
- Margin stabilityσ 2.7% · 25/25
Moat36
- ROIC >12% years0/10 yrs · 0/25
- Median gross margin33.1% · 13/25
- FCF-positive years9/10 yrs · 18/25
- Worst-year net marginworst -2.3% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2021AcquisitionJohnson Controls completed the acquisition of Silent-Aire, a Canadian firm that specialized in data…
- FY2019FinancialBest year on record$5.67B net income
- FY2018FinancialPositive free cash flow every year since8-year streak
- FY2017FinancialTurned profitable$1.61B net income after a loss year
- 2017AcquisitionIt was announced that Scott Safety, its safety gear business, would be bought by 3M for $2 billion
- FY2016FinancialRevenue already above $10B$37.7B in first reported year
- 2016AcquisitionThe company was formed via the merger of American company Johnson Controls with Tyco International, announced on 25…
- 2016MilestoneThe former Johnson Controls Automotive Experience division was spun off as a separate, publicly…
- 2015AcquisitionCBRE, Inc. purchased the Global Workplace Solutions business unit, retaining the name "Global…
- 1989AcquisitionJohnson acquired Pan Am World Services, which provides facilities management for airports, military bases…
- 1985AcquisitionJohnson Controls acquired automotive seating companies Hoover Universal and Ferro Manufacturing
- 1978AcquisitionJohnson Controls acquired the battery company Globe-Union
- 1974MilestoneThe company was renamed Johnson Controls in 1974
- 1970AcquisitionThe company took over clock manufacturer Standard Electric Time Company
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (43.4%)
- Revenue growing 24.5% year over year
- Interest covered 7.7× by operating earnings
- High returns on invested capital (ROIC 15.1%)
Watch-outs
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+24.5% YoY
- Profitable — makes more than it spends$3.58B TTM
- Profit growing — earnings are higher than last year+31.9% YoY
- Generates cash — cash left after running and investing$3.17B TTM
- Debt under control — could handle its obligations~2.8y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$95.4B market cap
- Not printing shares — share count not ballooning — you keep your slice-8.7% shares over ~5y
- Proven track record — years of profitability behind it9/10 profitable years
- Financially stable — balance sheet not near distresshealth score 24/100
- Pays a dividend — returns cash to shareholdersyield 1.02%
- Valuation not extreme — price not wildly above earningsP/E 26.6
Peer comparisonJohnson Controls International plc vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| JCI this company | $95.4B | 26.6 | +24.5% | 14.3% | Strained |
| LRCX Lam Research Corp | $399.2B | 54.9 | +26.0% | 31.3% | Strong |
| CAT Caterpillar Inc. | $368.0B | 33.9 | +18.4% | 14.5% | Solid |
| RTX RTX Corporation | $251.3B | 32.4 | +11.8% | 8.3% | Strained |
| DE Deere & Company | $167.7B | 34.4 | +8.3% | 10.2% | Solid |
| ETN Eaton Corporation, plc | $167.2B | 43.6 | +15.5% | 12.8% | Mixed |
| UNP Union Pacific Corp. | $166.8B | 22.6 | +4.2% | 28.8% | Strained |
Head-to-head: JCI vs LRCX · JCI vs CAT · JCI vs RTX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/JCI
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of JCI on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $157.43 · market cap $95.4B.