30 years of historical data (1996–2025) · Industrials · Construction
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Johnson Controls International plc trades at 55.1x earnings, 90% above its 5-year average of 29.0x, sitting at the 96th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 115%. On a free-cash-flow basis, the stock trades at 91.6x P/FCF, 161% above the 5-year average of 35.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $88.4B | $71.9B | $52.5B | $36.1B | $33.4B | $49.1B | $30.8B | $38.4B | $23.8B | $27.4B | $28.3B |
| Enterprise Value | $99.2B | $82.7B | $61.4B | $44.1B | $40.3B | $55.5B | $36.7B | $42.8B | $34.5B | $40.6B | $40.4B |
| P/E Ratio → | 55.06 | 41.81 | 30.80 | 19.78 | 22.47 | 29.99 | 48.63 | 80.95 | 15.09 | 23.56 | — |
| P/S Ratio | 3.74 | 3.05 | 2.29 | 1.62 | 1.62 | 2.07 | 1.38 | 1.60 | 1.02 | 0.91 | 1.36 |
| P/B Ratio | 7.31 | 5.55 | 3.02 | 2.04 | 1.92 | 2.62 | 1.66 | 1.84 | 1.06 | 1.27 | 1.12 |
| P/FCF | 91.56 | 74.53 | 32.71 | 20.35 | 22.24 | 25.37 | 17.33 | 62.29 | 12.70 | — | 42.90 |
| P/OCF | 63.16 | 51.41 | 25.01 | 16.27 | 16.79 | 19.74 | 13.87 | 31.92 | 9.45 | 273.57 | 14.82 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Johnson Controls International plc's enterprise value stands at 26.9x EBITDA, 57% above its 5-year average of 17.1x. The Industrials sector median is 13.8x, placing the stock at a 94% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.51 | 2.67 | 1.98 | 1.96 | 2.34 | 1.64 | 1.78 | 1.47 | 1.35 | 1.94 |
| EV / EBITDA | 26.85 | 22.40 | 18.95 | 13.87 | 14.79 | 15.36 | 14.23 | 18.86 | 12.55 | 9.35 | 16.64 |
| EV / EBIT | 35.07 | 36.16 | 30.92 | 32.49 | 30.27 | 18.30 | 29.18 | 31.47 | 17.02 | 13.13 | 29.15 |
| EV / FCF | — | 85.73 | 38.25 | 24.86 | 26.85 | 28.68 | 20.64 | 69.43 | 18.44 | — | 61.27 |
Margins and return-on-capital ratios measuring operating efficiency
Johnson Controls International plc earns an operating margin of 12.0%, above the Industrials sector average of 4.3%. Operating margins have expanded from 10.9% to 12.0% over the past 3 years, signaling improving operational efficiency. ROE of 21.7% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 8.5% represents adequate returns on invested capital versus a sector median of 6.1%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.4% | 36.4% | 35.2% | 35.0% | 34.4% | 34.0% | 33.2% | 32.1% | 32.8% | 30.8% | 27.2% |
| Operating Margin | 12.0% | 12.0% | 10.5% | 10.9% | 9.7% | 11.7% | 7.9% | 6.0% | 8.2% | 10.4% | 7.1% |
| Net Profit Margin | 13.9% | 13.9% | 7.4% | 8.3% | 7.4% | 6.9% | 2.8% | 2.0% | 9.2% | 5.3% | -4.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.7% | 21.7% | 9.7% | 10.5% | 8.5% | 8.8% | 3.2% | 2.2% | 9.8% | 6.9% | -4.8% |
| ROA | 8.2% | 8.2% | 4.0% | 4.4% | 3.6% | 4.0% | 1.5% | 1.0% | 4.3% | 2.8% | -1.9% |
| ROIC | 8.5% | 8.5% | 7.0% | 7.3% | 6.1% | 8.4% | 5.3% | 3.7% | 4.2% | 6.5% | 4.1% |
| ROCE | 9.8% | 9.8% | 7.8% | 7.9% | 6.3% | 8.5% | 5.3% | 4.1% | 5.0% | 7.3% | 4.5% |
Solvency and debt-coverage ratios — lower is generally safer
Johnson Controls International plc carries a Debt/EBITDA ratio of 3.0x, which is moderately leveraged (6% below the sector average of 3.2x). Net debt stands at $10.8B ($11.2B total debt minus $379M cash). Interest coverage of 14.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.86 | 0.86 | 0.55 | 0.50 | 0.51 | 0.41 | 0.42 | 0.35 | 0.49 | 0.63 | 0.50 |
| Debt / EBITDA | 3.03 | 3.03 | 2.93 | 2.77 | 3.28 | 2.14 | 3.04 | 3.18 | 3.98 | 3.13 | 5.26 |
| Net Debt / Equity | — | 0.83 | 0.51 | 0.45 | 0.40 | 0.34 | 0.32 | 0.21 | 0.48 | 0.61 | 0.48 |
| Net Debt / EBITDA | 2.93 | 2.93 | 2.75 | 2.51 | 2.54 | 1.77 | 2.28 | 1.94 | 3.91 | 3.05 | 4.99 |
| Debt / FCF | — | 11.20 | 5.54 | 4.50 | 4.61 | 3.31 | 3.30 | 7.14 | 5.74 | — | 18.36 |
| Interest Coverage | 14.57 | 14.57 | 4.29 | 5.54 | 3.96 | 7.25 | 3.56 | 4.49 | 4.21 | 5.79 | 4.27 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.93x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.93 | 0.93 | 0.94 | 0.97 | 1.04 | 1.10 | 1.22 | 1.37 | 1.05 | 1.04 | 1.05 |
| Quick Ratio | 0.76 | 0.76 | 0.79 | 0.80 | 0.80 | 0.87 | 1.00 | 1.17 | 0.89 | 0.77 | 0.87 |
| Cash Ratio | 0.03 | 0.03 | 0.05 | 0.07 | 0.18 | 0.15 | 0.24 | 0.31 | 0.02 | 0.03 | 0.04 |
| Asset Turnover | — | 0.62 | 0.54 | 0.53 | 0.49 | 0.57 | 0.55 | 0.57 | 0.48 | 0.58 | 0.33 |
| Inventory Turnover | 8.24 | 8.24 | 8.38 | 7.75 | 5.08 | 7.59 | 8.40 | 8.97 | 8.64 | 6.50 | 5.25 |
| Days Sales Outstanding | — | 96.97 | 96.23 | 89.80 | 101.29 | 86.56 | 86.58 | 87.87 | 87.69 | 80.64 | 112.00 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Johnson Controls International plc returns 7.8% to shareholders annually — split between a 1.0% dividend yield and 6.8% buyback yield. The payout ratio of 29.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 1.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.4% | 1.9% | 2.7% | 2.7% | 1.6% | 2.6% | 2.4% | 4.0% | 2.6% | 3.2% |
| Payout Ratio | 29.7% | 29.7% | 58.7% | 53.0% | 59.8% | 46.5% | 125.2% | 194.1% | 44.1% | 43.6% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.8% | 2.4% | 3.2% | 5.1% | 4.4% | 3.3% | 2.1% | 1.2% | 6.6% | 4.2% | — |
| FCF Yield | 1.1% | 1.3% | 3.1% | 4.9% | 4.5% | 3.9% | 5.8% | 1.6% | 7.9% | — | 2.3% |
| Buyback Yield | 6.8% | 8.3% | 2.4% | 1.7% | 4.3% | 2.7% | 7.2% | 15.6% | 1.3% | 2.4% | 1.8% |
| Total Shareholder Yield | 7.8% | 9.7% | 4.3% | 4.4% | 7.1% | 4.2% | 9.7% | 18.0% | 5.3% | 4.9% | 5.0% |
| Shares Outstanding | — | $654M | $676M | $679M | $679M | $721M | $754M | $874M | $679M | $679M | $679M |
Compare JCI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $88B | 55.1 | 26.9 | 91.6 | 36.4% | 12.0% | 21.7% | 8.5% | 3.0 | |
| $145B | 31.1 | 21.0 | 26.9 | 36.9% | 17.5% | 27.3% | 12.6% | 4.3 | |
| $164B | 40.3 | 29.2 | 36.6 | 37.6% | 19.1% | 21.5% | 13.6% | 1.9 | |
| $107B | 37.2 | 26.0 | 38.1 | 36.2% | 18.6% | 36.3% | 26.2% | 1.1 | |
| $60B | 42.2 | 23.0 | 35.4 | 25.9% | 9.9% | 10.5% | 6.7% | 4.1 | |
| $84B | 37.3 | 19.1 | 31.6 | 52.8% | 19.6% | 9.6% | 8.2% | 2.7 | |
| $28B | 20.9 | 15.7 | 19.7 | 30.3% | 14.8% | — | 78.1% | 3.8 | |
| $11B | 18.0 | 13.5 | 16.7 | 45.2% | 21.1% | 36.1% | 18.1% | 2.3 | |
| $11B | 106.0 | 50.2 | — | 26.7% | 10.6% | 12.5% | 9.8% | 1.9 | |
| $11B | 33.8 | 21.3 | 32.2 | 49.5% | 19.3% | 18.2% | 21.2% | 0.4 | |
| $16B | 103.8 | 35.9 | 61.1 | 38.3% | 6.9% | 6.2% | 5.9% | 2.8 | |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into JCI consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying JCI stock.
Johnson Controls International plc's current P/E ratio is 55.1x. The historical average is 20.7x. This places it at the 96th percentile of its historical range.
Johnson Controls International plc's current EV/EBITDA is 26.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.
Johnson Controls International plc's return on equity (ROE) is 21.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 12.0%.
Based on historical data, Johnson Controls International plc is trading at a P/E of 55.1x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Johnson Controls International plc's current dividend yield is 1.03% with a payout ratio of 29.7%.
Johnson Controls International plc has 36.4% gross margin and 12.0% operating margin. Operating margin between 10-20% is typical for established companies.
Johnson Controls International plc's Debt/EBITDA ratio is 3.0x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.