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Johnson Controls International (JCI) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Industrials•Building Products & Equipment
B
GoodMetricSide Score: 69/100
ProfitabilityProfit20/30
GrowthGrowth25/25
Balance SheetBalance11/25
Cash QualityCash13/20
Price & Volume
Market Cap $86.15B

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company designs, manufactures, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and digital solutions. It also provides energy solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven building solutions. It sells its products and services to commercial, residential security, institutional, industrial, data center, marine, and governmental customers. Johnson Controls International plc was incorporated in 1885 and is based in Cork, Ireland.

Moat Signals

Competitive analysis based on 68 quarters of fundamental data

Pricing Power

Strong Moat

Operating margins are stable at ~10.3%, suggesting durable pricing power and cost discipline.

Competitive Advantage

Moderate Moat

ROE averages 17.4% but has fluctuated — the competitive advantage may be cyclical or emerging.

Cash Generation

Strong Moat

Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.

Demand Durability

Weak Moat

Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.

Risk Signals

Data-driven red flags and warnings across 68 quarters

Low Risk

Margin Pressure

Healthy

Margins are stable or improving at ~10.3% — no sign of cost or pricing stress.

Earnings Quality

Healthy

FCF covers net income by 0.9x on average — earnings are well-supported by cash generation.

Leverage Risk

Watch

Debt-to-equity has risen 23.3% recently — increasing financial risk even if the current ratio is manageable.

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Monitor for further erosion.

Cash Burn

Healthy

Free cash flow is consistently positive — the business self-funds without external capital reliance.

Share Dilution

Healthy

Shares decreased 8.7% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$24.43B
14.9%
Q. Revenue
$6.14B
TTM EBITDA
$3.32B
5.2%
TTM Op. Income
$2.51B
4.9%
Q. Op. Income
$738.00M
TTM Net Income
$3.53B
41.0%
Q. Net Income
$613.00M
EPS
$1.01
Shares Out.
$612.00M
7.1%
$24.43B in TTM revenue grew 14.9% YoY, reaching $6.14B last quarter. TTM EBITDA of $3.32B and TTM operating income of $2.51B shows growth is flowing through. Net income of $3.53B TTM confirms the company is converting revenue into profit. Revenue is growing at a healthy pace — a signal to hold.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
36.8%
1.0%
EBITDA Margin
13.4%
Op. Margin
12.0%
36.1%
Net Margin
10.0%
18.5%
Op. margin of 12.0% is up 3.2% YoY — cost efficiency is improving. Net margin at 10.0% and gross margin of 36.8% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
24.4x
P/S Ratio
3.5x
P/B Ratio
6.4x
At 24.4x P/E, the stock trades in line with market averages — fairly valued. P/S of 3.5x and P/B of 6.4x provide additional context. Assess whether the current multiple is justified by the company's growth and profitability trajectory.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$38.35B
Cash
$698.00M
Long-Term Debt
$8.61B
Book Value
$13.52B
D/E Ratio
0.6
Debt/EBITDA
10.4
With $38.35B in assets and $8.61B in long-term debt, the D/E of 0.6and book value of $13.52B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$672.00M
Free Cash Flow
$604.00M
32.5%
FCF Margin
2.5%
FCF / Net Income
1.0
FCF of $604.00M on $672.00M in operating cash flow. The FCF / Net Income ratio of 0.2x indicates partial cash conversion — earnings quality needs attention.

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