TORVANTA
Industrials · S&P 500 · data as of 2026-10-05

JCI stock analysis: Johnson Controls

Johnson Controls (JCI) is an S&P 500 company in Building Products. It grades strongest on momentum and growth.

The model's view of JCI · subscribers

Where JCI ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with JCI · updated 2026-10-05 · from prices and SEC filings

JCI price performance

JCI against the S&P 500, one year
+0%+20%+40%JCI +47%S&P 500 +18%2025-09-292026-10-05
Year to date+32.1%S&P 500 +14.5% · ahead by 17.6 pts
1 year+45.9%S&P 500 +17.0% · ahead by 28.9 pts
3 years+221.6%S&P 500 +89.3% · ahead by 132.3 pts
5 years+150.0%S&P 500 +91.3% · ahead by 58.7 pts

Total returns with dividends reinvested.

JCI factor grades

Each grade compares JCI with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 28.4x (industry 24.3x)FCF yield 1.6% (industry 5.2%)
A-GrowthRevenue growth +15% (industry +0%)EPS growth +48% (industry +2%)
C+Profitability
AMomentum12-month change +46%From 52-wk high 0%

JCI in plain numbers

JCI key statistics

SectorIndustrials
IndustryBuilding Products
IndexS&P 500
Market value$95.7B
Revenue growth (y/y)+15%
Free-cash-flow yield1.6%
Dividend yield1.0%
Next earnings (expected)2026-11-04
Valuation measures
Market value$95.7B
Enterprise value$95.9B
P/E (trailing)28.4x
Forward P/E (Torvanta estimate)25.1x
PEG (Torvanta estimate)1.90
Price / sales3.9x
Price / book7.1x
EV / revenue3.9x
Financial highlights
Revenue, last 12 months$24.4B
Net income, last 12 months$3.5B
EPS, last 12 months (GAAP)$5.53
Gross margin36.6%
Net margin14.5%
Return on equity24.1%
Cash$698.0M
Total debt$882.0M
Debt / equity0.07x
Current ratio1.04x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

JCI earnings trends

Revenue vs earnings
$0$1.8B$3.6B$5.4B$7.2BJun 2024 Revenue: $7.2BSep 2024 Revenue: $2.9BDec 2024 Revenue: $5.4BMar 2025 Revenue: $5.7BJun 2025 Revenue: $6.1BSep 2025 Revenue: $6.4BDec 2025 Revenue: $5.8BMar 2026 Revenue: $6.1BJun 2024 Net income: $1.0BSep 2024 Net income: $633.0MDec 2024 Net income: $419.0MMar 2025 Net income: $478.0MJun 2025 Net income: $701.0MSep 2025 Net income: $1.7BDec 2025 Net income: $524.0MMar 2026 Net income: $613.0MJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 13.5%Net margin: 21.6%Net margin: 7.7%Net margin: 8.4%Net margin: 11.6%Net margin: 26.3%Net margin: 9.0%Net margin: 10.0%0%13%26%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.7$1.3$2.0$2.6Jun 2024 EPS (GAAP, diluted): $1.5Sep 2024 EPS (GAAP, diluted): $0.9Dec 2024 EPS (GAAP, diluted): $0.6Mar 2025 EPS (GAAP, diluted): $0.7Jun 2025 EPS (GAAP, diluted): $1.1Sep 2025 EPS (GAAP, diluted): $2.6Dec 2025 EPS (GAAP, diluted): $0.9Mar 2026 EPS (GAAP, diluted): $1.0Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Jun 2025 -26% · Sep 2025 +178% · Dec 2025 +35% · Mar 2026 +39%

From the company's 10-Q and 10-K filings with the SEC.

Johnson Controls financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$23.7B$25.3B$26.8B$23.0B$23.6B
Net income$1.6B$1.5B$1.8B$1.7B$3.3B
EPS (GAAP)$2.28$2.20$2.69$2.53$5.03

JCI earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-05-06$1.00+39%+8%-4.9%
2026-02-04$0.85+35%+7%+8.6%
2025-11-05$2.61+178%+120%+10.8%
2025-07-29$1.07-26%-16%-6.3%
2025-05-07$0.72n/a-15%+1.6%
2025-02-05$0.63+15%-11%+13.1%

About Johnson Controls

HeadquartersCork, Ireland
Industry (SEC code)Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Fiscal year endsSeptember 30
Incorporated inIreland
Listed onNYSE
FormerlyTYCO INTERNATIONAL plc, TYCO INTERNATIONAL LTD, TYCO INTERNATIONAL LTD /BER/, ADT LIMITED

From the company's SEC registration record.

Companies similar to JCI

CompanyMarket valueP/ERevenue growthOperating margin12-month change
JCI Johnson Controls$95.7B28.4x+15%n/a+46%
TT Trane Technologies$103.6B35.6x+7%17.9%+12%compare
CARR Carrier Global$46.3B36.4x-5%8.2%-5%compare
MAS Masco$13.8B17.0x-0%16.6%-1%compare
ALLE Allegion$13.1B20.1x+11%20.8%-12%
LII Lennox International$12.6B16.3x-2%19.5%-34%
AOS A. O. Smith$7.9B15.8x+0%17.5%-21%

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Frequently asked questions

Is JCI stock a buy?

Torvanta does not tell individuals what to buy. Its grades for JCI are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is JCI's P/E ratio?

JCI trades at about 28.4 times its last 12 months of GAAP earnings reported to the SEC, and about 25.1 times Torvanta's own estimate of the next 12 months.

When does JCI report earnings next?

Based on its filing history, Torvanta expects Johnson Controls to report around 2026-11-04.

Does JCI pay a dividend?

Yes. Its dividend yield is about 1.0%, and it has raised its dividend 5 years in a row.

How has JCI performed against the S&P 500?

Over the past year JCI returned +45.9%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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