Commercial buildings are the focus of Johnson Controls International, which provides products, systems and services for them. Its offerings include heating, ventilation and air conditioning equipment, building automation and controls, fire detection and suppression, security systems and ongoing maintenance. Customers include owners and operators of offices, hospitals, schools, data centres and industrial sites. The company is organised into building solutions businesses by region, alongside a global products unit that makes the equipment.
Installing equipment and systems, together with recurring service and maintenance work, generated revenue of $24.4 billion over the last twelve months. Revenue has grown at 4.6% a year across the last three years. The operating margin is 10.7%, the business earns 10% on the capital invested in it, and net debt is 2.6 times EBITDA. The dividend yield is 1.1%. On the site's X-Ray Score it receives 30 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $106.49 – $160.41Volume 3,531,500Daily, split-adjusted
Vitals
Market cap$89.3B
52-week range$106.49 – $160.41
Volume (last day)3,531,500
P/E (TTM)26.2
EBIT / EV yield2.7%
Free-cash-flow yield–
Dividend yield1.1%
Revenue (TTM)$24.4B
Net income (TTM)$3.5B
Operating margin10.7%
Return on capital9.6%
Debt incl. leases$9.5B
Cash & securities$698M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$70model spread $67 – $72
Overvalued−52.1% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Multiples use through-the-cycle earnings (0.66x of the last twelve months)
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so the fair value range is widened
Price $145
Undervalued < $42Fair $42 – $98Overvalued > $98
10-year DCF (market-scaled)
$45
Peer multiples
$76
Earnings power floor (not blended)
$13
Fundamentals-adjusted multiple
$88
Growth the price implies
27.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
ValuationWeak
10/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.7%
Fair value vs price0.5×
GrowthFair
51/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)4.6%
EPS growth (3y)31.9%
Growth consistency70%
ProfitabilityWeak
31/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital9.6%
Operating margin10.7%
Gross profitability23.3%
Financial healthWeak
38/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.6×
Interest coverNo interest cost
DividendsWeak
24/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.1%
Dividend growth2.1%
Quarterly results: last 6 quarters
+4.2%Dec '24
+1.4%Mar '25
+2.6%Jun '25
+3.1%Sep '25
+6.8%Dec '25
+8.2%Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.1B, diluted EPS $1.00.
Each check is graded against the company's sector, not a fixed number. Checklist score 35/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$23.7B
$20.6B
$22.3B
$23.0B
$23.6B
Operating income
$2.8B
$1.3B
$1.1B
$1.5B
$2.0B
Net income
$1.6B
$1.5B
$1.8B
$1.7B
$3.3B
Operating cash flow
$2.6B
–
–
–
–
Operating margin
12.0%
6.5%
5.0%
6.6%
8.3%
Free cash flow
$2.0B
–
–
–
–
Diluted EPS
$2.27
$2.19
$2.69
$2.52
$5.03
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
7 bullish · 2 neutral · 7 bearish
Weekly
Bullish
8 bullish · 1 neutral · 3 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
SMA 10
154.0
Bearish
EMA 10
151.6
Bearish
SMA 20
151.4
Bearish
EMA 20
150.8
Bearish
SMA 50
147.2
Bearish
EMA 50
148.0
Bearish
SMA 100
145.0
Bullish
EMA 100
144.8
Bullish
SMA 200
138.7
Bullish
EMA 200
137.4
Bullish
Oscillators (daily)
RSI (14)
42.76
Neutral
MACD (12, 26)
1.56
Bullish
Momentum (12)
-2.14
Bearish
Stochastic %K (14)
10.11
Bullish
Williams %R (14)
-89.89
Bullish
CCI (20)
-79.04
Neutral
Pivot points (classic, last session)
S3
140.4
S2
142.8
S1
144.1
Pivot
146.5
R1
147.8
R2
150.2
R3
151.5
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.60 USD
Yield on today's price
1.10%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
21 Sep 2026
0.4000
15 Jun 2026
0.4000
16 Mar 2026
0.4000
22 Dec 2025
0.4000
22 Sep 2025
0.4000
23 Jun 2025
0.3700
24 Mar 2025
0.3700
23 Dec 2024
0.3700
25 Sep 2024
0.3700
24 Jun 2024
0.3700
22 Mar 2024
0.3700
15 Dec 2023
0.3700
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.