Johnson Controls International plc (JCI) financials

NYSE · Basic Materials · Construction Materials · 87,000 employees · CEO Joakim Weidemanis

Price: $149.03 -5.84%
Market cap: $90.3B
Enterprise value: $97.9B
Last report: Q4 '26 filed 2026-10-27
Next report: 2027-02-03 EPS est. $1.14

Revenue (TTM)$25.7B+8.8% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)14.4%+2.4 pp vs a year agoOperating income $3.69B

Net income (TTM)$2.85B-13.3% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$3.65B+277.9% vs a year agoCapex $465M

Diluted EPS (TTM)$4.68-8.1% vs a year agoSum of the last 4 quarters

Net cash-$7.59B+20.1% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $90.3B
Revenue: $25.7B
Revenue growth: +10%
Profit margin: 11.1%
P/E: 31.8×
P/S: 3.5×
EV / EBITDA: 24.0×
Free cash flow: $3.65B
Net income: $2.85B
Revenue estimate: $28.2B
Earnings: 2027-02-03
Dividend: $1.60

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-10-27): revenue beat by 1.0%, EPS beat by 4.4%Revenue $7.11B vs $7.04B expected (+1.0%); EPS $1.66 vs $1.59 (+4.4%).
Revenue growth accelerating: 10.4% year on yearQ4 '26 revenue $7.11B, against an average of 6.9% over the four quarters before.
Operating margin 14.4% (TTM), +2.4 pp on a year agoOperating income grew 30.6% while revenue grew 8.8%.
Capex 1.8% of revenue (a year ago 1.8%)$465M invested in the last 4 quarters (+7.1% on a year earlier). Free cash flow $3.65B = 127.8% of net income.
Returned $1.39B to shareholders = 38.0% of free cash flowBuybacks $655M (a year earlier $5.99B), dividends $731M, stock-based pay $124M (TTM).
Diluted share count down 3.5% in a year611M diluted shares in Q4 '26, 633M a year earlier.
Net debt $7.59BCash + short-term investments $618M, debt incl. leases $8.21B; a year ago net debt $9.5B.

Last quarter: Q4 '26

Quarter ended 2026-09-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q4 '26	Year ago	Change
Revenue	$7.11B	$6.44B	+10.4%
Gross margin	38.0%	36.5%	+1.5 pp
Operating income	$1.05B	$830M	+26.5%
Operating margin	14.8%	12.9%	+1.9 pp
Net income	$967M	$1.69B	-42.9%
Diluted EPS	$1.61	$2.67	-39.7%
Operating cash flow	$1.3B	-$442M	+394.1%
Capex	$222M	$130M	+70.8%
Free cash flow	$1.08B	-$572M	+288.5%
R&D	$0	$273M	-100.0%
Stock-based compensation	$29M	$33M	-12.1%

Reported vs consensus

2026-10-27

	Actual	Consensus	vs consensus
Revenue	$7.11B	$7.04B	+1.0%
EPS (as estimated)	$1.66	$1.59	+4.4%

From the report of 2026-10-27 for Q4 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q3 '26	y/y	Share	TTM	TTM y/y
Building Solutions North America	$4.5B	+11.4%	68.1%	$18.6B	+43.9%
Building Solutions EMEA/LA	$1.26B	-0.7%	19.1%	$5.34B	+17.6%
Building Solutions Asia Pacific	$846M	+14.8%	12.8%	$3.27B	+32.3%

Revenue by region

share of total

Segment	Q3 '26	y/y	Share	TTM	TTM y/y
North America Systems and Service	–	–	–	–	–
North America Systems Installation and Services Segment	$972M	+0.4%	100.0%	–	–
Building Efficiency Asia	–	–	–	–	–

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $4.11B
Capex: -$465M
Buybacks: -$655M
Dividends: -$731M
Acquisitions: -$84M
Net debt issued: -$268M
Stock-based compensation: $124M
Free cash flow: $3.65B
Returned to shareholders / FCF: 38.0%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	31.8×	29.2×	19.7× – 41.6×
EV / EBITDA	24.0×	22.5×	19.7× – 26.2×
EV / Sales	3.8×	2.8×	2.0× – 3.8×
Price / FCF	24.8×	35.4×	20.4× – 74.3×
Price / Book	6.7×	3.9×	2.1× – 6.7×
FCF yield	4.0%	3.5%	1.3% – 4.9%
Return on invested capital	15.6%	9.0%	6.2% – 15.6%
Return on equity	21.2%	15.5%	9.4% – 25.5%

Analysts

Consensus target $172.82 (+16.0%)
range $144.00 – $200.00 · rating Buy

Strong buy0

Buy28

Hold18

Sell1

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2027	$28.2B	+9.9%	$6.27	+34.0%	23.8×	11
FY2028	$30.7B	+9.0%	$7.42	+18.3%	20.1×	10
FY2029	$33B	+7.4%	$8.38	+12.8%	17.8×	6
FY2030	$35.1B	+6.3%	$9.24	+10.3%	16.1×	2
FY2031	$37.1B	+5.7%	$10.23	+10.7%	14.6×	5

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Every reported line

All 316 figures Johnson Controls International plc tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).

Line (SEC label)	Latest quarter	Year ago	y/y	Latest FY	Prior FY	y/y
Accounts Payable, Current	$3.61B	$3.25B	+10.9%	$3.61B	$3.39B	+6.6%
Accounts Receivable, after Allowance for Credit Loss, Current	$6.61B	$5.86B	+12.9%	$6.27B	$6.05B	+3.6%
Accounts Receivable, Allowance for Credit Loss, Current	$172M	$233M	-26.2%	$205M	$210M	-2.4%
Accrual for Environmental Loss Contingencies	$175M	$199M	-12.1%	$187M	$211M	-11.4%
Accrued Environmental Loss Contingencies, Current	$23M	$25M	-8.0%	$27M	$32M	-15.6%
Accrued Environmental Loss Contingencies, Noncurrent	$152M	$174M	-12.6%	$160M	$179M	-10.6%
Accrued Income Taxes, Noncurrent	$1.9B2025-09-30	–	–	$1.9B	–	–
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$3.92B2025-09-30	$3.44B	+13.8%	$3.92B	$3.44B	+13.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax	-$494M	-$1.13B	+56.2%	-$642M	-$964M	+33.4%
Additional Paid in Capital, Common Stock	$15.4B	$17.6B	-12.8%	$14.9B	$17.5B	-14.9%
Amortization of Intangible Assets	$87M	$112M	-22.3%	$439M	$476M	-7.8%
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	100K	-100.0%	100K	300K	-66.7%
Asset Impairment Charges	$44M	$25M	+76.0%	$555M2022-09-30	$98M	+466.3%
Asset Retirement Obligation	$7M	$7M	0.0%	$7M	$7M	0.0%
Assets	$38.4B	$42.4B	-9.5%	$37.9B	$42.7B	-11.1%
Assets, Current	$11B	$11.4B	-3.2%	$10.2B	$11.2B	-9.1%
Assets, Fair Value Disclosure	$454M	–	–	–	–	–
Buildings and Improvements, Gross	$1.1B2025-09-30	$1.03B	+6.0%	$1.1B	$1.03B	+6.0%
Capitalized Contract Cost, Amortization	$123M	$91M	+35.2%	$373M	$312M	+19.6%
Capitalized Contract Cost, Gross	$576M2025-09-30	$556M	+3.6%	$576M	$556M	+3.6%
Capitalized Contract Cost, Net	$520M	$573M	-9.2%	–	–	–
Capitalized Contract Cost, Net, Current	$321M	$283M	+13.4%	–	–	–
Capitalized Contract Cost, Net, Noncurrent	$199M	$290M	-31.4%	–	–	–
Cash and Cash Equivalents, at Carrying Value	$698M	$795M	-12.2%	$379M	$606M	-37.5%
Cash Provided by (Used in) Financing Activities, Discontinued Operations	-$430M2025-09-30	$0	–	-$604M	-$132M	-357.6%
Cash Provided by (Used in) Investing Activities, Discontinued Operations	$0	-$17M	+100.0%	$6.55B	-$37M	+17,791.9%
Cash Provided by (Used in) Operating Activities, Discontinued Operations	-$31M	$49M	-163.3%	-$1.16B	$530M	-317.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$713M	$818M	-12.8%	$1.34B2021-09-30	$1.96B	-31.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$398M2025-09-30	$767M	-48.1%	$398M	$767M	-48.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$140M	-$440M	+131.8%	-$369M	-$150M	-146.0%
Common Stock, Dividends, Per Share, Declared	$0.40	$0.37	+8.1%	$1.51	$1.48	+2.0%
Common Stock, Par or Stated Value Per Share	$0.01	$0.01	0.0%	$0.01	$0.01	0.0%
Common Stock, Shares Authorized	2B2025-09-30	2B	0.0%	2B	2B	0.0%
Common Stock, Shares, Issued	642M2025-09-30	693M	-7.4%	642M	693M	-7.4%
Common Stock, Value, Issued	$6M	$7M	-14.3%	$6M	$7M	-14.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	$3M	$60M	-95.0%	$190M	$220M	-13.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$750M	$394M	+90.4%	$3.61B	$1.7B	+113.0%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$753M	$454M	+65.9%	$3.8B	$1.92B	+98.5%
Construction in Progress, Gross	$382M2025-09-30	$418M	-8.6%	$382M	$418M	-8.6%
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$2.37B	$2B	+18.4%	–	–	–
Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent	$6M	$7M	-14.3%	–	–	–
Contract with Customer, Liability, Current	$2.85B	$2.38B	+19.5%	$2.47B	$2.16B	+14.4%
Contract with Customer, Liability, Noncurrent	$488M	$261M	+87.0%	–	–	–
Contract with Customer, Liability, Revenue Recognized	$447M	$393M	+13.7%	$1.8B	$1.7B	+5.9%
Cost of Goods and Services Sold	$3.88B	$3.61B	+7.6%	$15B	$14.9B	+0.9%
Current Federal Tax Expense (Benefit)	–	–	–	-$239M	$330M	-172.4%
Current Foreign Tax Expense (Benefit)	–	–	–	$302M	$102M	+196.1%
Current Income Tax Expense (Benefit)	–	–	–	$51M	$518M	-90.2%
Current State and Local Tax Expense (Benefit)	–	–	–	-$12M	$86M	-114.0%
Debt Instrument, Fair Value Disclosure	$8.2B	$8.3B	-1.2%	$8.9B	$8.3B	+7.2%
Debt Instrument, Unamortized Discount (Premium), Net	$38M2025-09-30	$38M	0.0%	$38M	$38M	0.0%
Debt Issuance Costs, Net	$39M2025-09-30	$38M	+2.6%	$39M	$38M	+2.6%
Deferred Federal Income Tax Expense (Benefit)	–	–	–	$385M	-$299M	+228.8%
Deferred Foreign Income Tax Expense (Benefit)	–	–	–	-$270M	-$82M	-229.3%
Deferred Income Tax Expense (Benefit)	-$18M	-$53M	+66.0%	$194M	-$407M	+147.7%
Deferred Income Taxes and Tax Credits	–	–	–	$195M	-$403M	+148.4%
Deferred State and Local Income Tax Expense (Benefit)	–	–	–	$79M	-$26M	+403.8%
Deferred Tax Assets, Goodwill and Intangible Assets	$137M2025-09-30	$306M	-55.2%	$137M	$306M	-55.2%
Deferred Tax Assets, Gross	$8.96B2025-09-30	$9.34B	-4.0%	$8.96B	$9.34B	-4.0%
Deferred Tax Assets, in Process Research and Development	$233M2025-09-30	$219M	+6.4%	$233M	$219M	+6.4%

Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.

Sources

Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-K 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-K 2024-09-30, 10-Q 2024-06-30

Data as of 2026-11-01