JCI Financials Johnson Controls

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 1.1% per year over the past 5 years.
Net income has grown faster than revenue (39.1% vs 1.1% per year).
Free cash flow has grown 0.8% per year over the past 5 years.

Financial health

Total debt ($9.9B) exceeds cash ($379M); net debt is $9.5B.
Total debt has grown faster than revenue (6.0% vs 1.1% per year).

Shareholder returns

Dividends have been paid for 6 consecutive years, consuming 29.7% of earnings and 46.0% of free cash flow.
The dividend has grown 4.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$23.6B	$3.3B	36.4%	0.0%	$2.1B	$9.9B	$379M
2024	$23.0B	$1.7B	35.2%	0.0%	$1.1B	$9.5B	$606M
2023	$22.3B	$1.8B	34.9%	0.0%	$1.4B	$8.8B	$828M
2022	$20.6B	$1.5B	34.4%	0.0%	$750M	—	$2.0B
2021	$23.7B	$1.6B	34.1%	0.0%	$2.0B	—	$1.3B
2020	$22.3B	$631M	33.2%	0.0%	$2.0B	—	$2.0B
2019	$24.0B	$5.7B	32.1%	0.0%	—	—	$2.8B
2018	$23.4B	$2.2B	32.8%	0.0%	—	—	$185M
2017	$22.8B	$1.6B	33.0%	0.0%	—	—	$301M
2016	—	-$868M	—	—	—	—	$579M
2015	—	$1.6B	—	—	—	—	$553M
2015	—	$551M	—	—	$296M	$3.1B	$1.4B
2014	—	$1.2B	—	—	—	—	$364M
2014	—	$1.8B	—	—	$541M	$1.5B	$892M
2013	—	$536M	—	—	$432M	$1.5B	$563M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$6.1B	$613M	36.8%	0.0%	$604M	—	$698M
Dec '25	$5.8B	$524M	35.8%	0.0%	$531M	—	$552M
Sep '25	$6.4B	$1.7B	36.5%	0.0%	$838M	$9.9B	$379M
Jun '25	$6.1B	$701M	37.1%	0.0%	$693M	—	$731M
Mar '25	$5.7B	$478M	36.5%	0.0%	$456M	—	$795M
Dec '24	$5.4B	$419M	35.5%	0.0%	$133M	—	$1.2B
Sep '24	$6.2B	$633M	36.3%	0.0%	$1.2B	$9.5B	$606M
Jun '24	$5.9B	$975M	35.8%	0.0%	$564M	—	$858M
Mar '24	$5.6B	-$277M	34.3%	0.0%	-$454M	—	$838M
Dec '23	$5.2B	$374M	34.1%	0.0%	-$193M	—	$1.8B
Sep '23	$2.4B	$549M	42.6%	0.0%	$1.3B	$8.8B	$828M
Jun '23	$7.1B	$1.0B	34.1%	0.0%	$702M	—	$1.1B
Mar '23	$6.7B	$133M	33.5%	0.0%	$193M	—	$2.0B
Dec '22	$6.1B	$118M	34.5%	0.0%	-$430M	—	$1.5B
Sep '22	$6.7B	$761M	34.1%	0.0%	$1.0B	—	$2.0B
Jun '22	$6.6B	$379M	33.3%	0.0%	$317M	—	$1.5B
Mar '22	$6.1B	$11M	32.1%	0.0%	-$193M	—	$1.8B
Dec '21	$5.9B	$381M	32.3%	0.0%	$257M	—	$1.2B
Sep '21	$6.4B	$269M	34.3%	0.0%	$301M	—	$1.3B
Jun '21	$6.3B	$574M	34.6%	0.0%	$735M	—	$1.4B

Valuation over time

How the market has priced JCI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 24.0× (Mar '23) to 27.0× (Jun '26).
The price-to-sales ratio has risen from 1.8× (Mar '23) to 3.8× (Jun '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.1% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is JCI growing its revenue and profit?

Over the past 5 years, Johnson Controls's revenue has grown 1.1% per year, and net income grown 39.1% per year. These are computed facts, not advice.

How much debt does JCI have?

As of FY2025, Johnson Controls reported $9.9B of total debt against $379M of cash.

What is JCI's profit margin?

In FY2025, gross margin was 36.4%, operating margin —, and net margin 13.9%.

What is JCI's P/E ratio?

As of Jun '26, Johnson Controls traded at a price-to-earnings ratio of about 27.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.