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JCIJohnson Controls International plc
$145.90$88.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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JCI logo

Johnson Controls International plc

JCI
NYSE · Construction
$145.90
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$88.38B
P/E55.5x
52W High$157.06
Volume2.81M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Margin Expansion Masks Goodwill Impairment Risk

Johnson Controls is executing a strategic reset, evidenced by gross margin expansion from 34.4% in 2024Q2 to 37.4% in 2026Q3 and SG&A discipline that drove operating margin to 14.9%. However, the balance sheet carries $16.6B of goodwill (42.8% of assets) and l...

GrowthAccelerating
ProfitabilityModerate
ValuationExpensive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

JCI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

+83% Peers

P/E is 83% above peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Oct 29
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 9.3% in 2026Q3 with gross margin up 300 bps to 37.4% and operating margin at 14.9%, though the EPS miss of $0.35 versus consensus clouds the earnings quality narrative.

Analyst Consensus+16.9% target
Buy(45 analysts)
28 Buy17 Hold0 Sell

The Bull Case

Upside Catalysts

Strong financial performance

JCI's Q1 results exceeded consensus and management forecasts, with order growth surging 39%, indicating robust demand across all regions.

Sustainability progress

The release of JCI's 2026 Sustainability Report highlights progress on emissions reduction and customer cost savings, enhancing its long-term investment profile.

High valuation potential

Analysts project a 12-month target of $133.31 and a 2030 base case of $651.55, supported by DCF valuation and strong financials.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
JCI+20.27%
S&P 500 (^GSPC)+12.39%
1-Year Return
JCI+36.21%
S&P 500 (^GSPC)+15.77%
3-Year Return
JCI+173.17%
S&P 500 (^GSPC)+76.63%
5-Year Return
JCI+107.34%
S&P 500 (^GSPC)+69.56%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
55.5x
Forward P/EExpansion
28.8x
EV/EBITDA100th %ile
26.9x
FCF YieldCash Flow
1.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
55.5x
30.0x
100th· High
EV/EBITDA
26.9x
15.4x
100th· High
Price/FCF
91.6x
25.4x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$29.49-79.8%
Base (Fair)$77.14-46.2%
Bull$96.73-33.7%
$29.49 Bear$77.14 Base$96.73 Bull
Current Market Price: $145.90
Trades at a 89.1% premium to Base DCF ($77.14)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$23.6B+2.8% YoY
Net income
$3.29B+93.0% YoY
Free cash flow
$965M-39.8% YoY
Operating margin
12%+1.4 pts YoY
ROIC (TTM)8.5%
Avg ROIC 5Y-
ROE (TTM)21.7%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 29, 2026
$1.42+9.2%
vs $1.30
$6.6B+2.3%
vs $6.5B
Q2 2026
May 6, 2026
$1.19+6.3%
vs $1.12
$6.1B+1.1%
vs $6.1B
Q1 2026
Feb 4, 2026
$0.89+5.8%
vs $0.84
$5.8B+2.8%
vs $5.6B
Q4 2025
Nov 5, 2025
$1.26+5.0%
vs $1.20
$6.4B+1.8%
vs $6.3B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·1d ago
Sensormatic Solutions Predicts 2026's Busiest Holiday Shopping Days in Asia Pacific

SINGAPORE--(BUSINESS WIRE)--Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), today released its annual global predictions for the holiday season's busiest shopping days. Across Asia Pacific markets, analysis of its ShopperTrak Analytics traffic data reveals that Boxing Day (Dec. 26) is predicted to be a major driver of in-store shopping activity, particularly in Australia and New Zealand, while Christmas Day (Dec. 25) is expected to be South.

Business Wire·1d ago
Sensormatic Solutions Predicts 2026'S Busiest Holiday Shopping Days Around the World

BOCA RATON, Fla.--(BUSINESS WIRE)--Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), today released its annual global predictions for the holiday season's busiest shopping days. In the U.S., specifically, analysis of its ShopperTrak Analytics traffic data reveals Black Friday (Nov. 27) is predicted to again be the biggest day for holiday store visits, followed by Super Saturday (Dec. 19) and the second Saturday in December (Dec. 12). ShopperTr.

Defense World·Sep 14, 2026
Reviewing AZZ (NYSE:AZZ) & Johnson Controls International (NYSE:JCI)

Johnson Controls International (NYSE: JCI - Get Free Report) and AZZ (NYSE: AZZ - Get Free Report) are both industrials companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, earnings, risk, profitability, analyst recommendations and dividends. Profitability This table compares Johnson Controls International and

Defense World·Sep 14, 2026
Integrated Wealth Concepts LLC Grows Position in Johnson Controls International plc $JCI

Integrated Wealth Concepts LLC raised its holdings in shares of Johnson Controls International plc (NYSE: JCI) by 19.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,896 shares of the company's stock after acquiring an additional 3,465 shares during the quarter.

Filtered for Johnson Controls International plcMore Headlines
04

Compare before deciding

Benchmark JCI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Johnson Controls International plc (JCI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
JCI logoJCIJohnson Controls International plcCurrent
$145.90$88.38B55.482.81%13.95%21.71%1.02%
HON logoHONHoneywell International Inc.
$212.57$67.37B14.447.85%22.73%41.21%—
ETN logoETNEaton Corporation plc
$438.76$170.37B41.9510.33%12.76%19.51%—
TT logoTTTrane Technologies plc
$437.23$96.65B33.687.48%13.28%34.49%—
CARR logoCARRCarrier Global Corporation
$55.10$45.42B32.41-3.29%5.52%8.68%—
EMR logoEMREmerson Electric Co.
$154.55$86.56B38.263%13.83%12.68%—

Compare JCI vs Peers

Johnson Controls International plc (JCI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HON

Most directly comparable listed peer for JCI.

Scale Benchmark

vs ETN

Larger-name benchmark to compare JCI against a more recognizable public peer.

Peer Set

Compare Top 5

vs HON, ETN, TT, CARR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

JCI SEC Filings & Documents

Johnson Controls International plc (JCI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 29, 2026·SEC

Material company update

Jun 3, 2026·SEC

Material company update

May 13, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 14, 2025·SEC

FY 2024

Nov 19, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 29, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2026

Feb 4, 2026·SEC

Get notified when JCI posts new earnings or crosses analyst targets

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JCI Frequently Asked Questions

Johnson Controls International plc (JCI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Johnson Controls International plc's revenue?

Johnson Controls International plc (JCI) reported $25.00B in revenue for fiscal year 2025. This represents a 150% increase from $10.01B in 1996.

How fast is Johnson Controls International plc growing?

Johnson Controls International plc (JCI) grew revenue by 2.8% over the past year. Growth has been modest.

Is JCI profitable?

Yes, Johnson Controls International plc (JCI) is profitable, generating $3.58B in net income for fiscal year 2025 (13.9% net margin).

Dividend & Returns
Does JCI pay dividends?

Yes, Johnson Controls International plc (JCI) pays a dividend with a yield of 1.02%. This makes it attractive for income-focused investors.

What is JCI's return on equity?

Johnson Controls International plc (JCI) has a return on equity (ROE) of 21.7%. This is excellent, indicating efficient use of shareholder capital.

What is Johnson Controls International plc's free cash flow?

Johnson Controls International plc (JCI) generated $2.00B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in JCI back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →