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 Aug 4, 2026, 19:40 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$23.6B	$3.3B	36.4%	0.0%	25.5%	8.7%	$2.1B	$9.9B	$379M
2024	$23.0B	$1.7B	35.2%	0.0%	10.6%	4.0%	$1.1B	$9.5B	$606M
2023	$22.3B	$1.8B	34.9%	0.0%	11.2%	4.4%	$1.4B	$8.8B	$828M
2022	$20.6B	$1.5B	34.4%	0.0%	9.4%	3.6%	$750M	—	$2.0B
2021	$23.7B	$1.6B	34.1%	0.0%	9.3%	3.9%	$2.0B	—	$1.3B
2020	$22.3B	$631M	33.2%	0.0%	3.6%	1.5%	$2.0B	—	$2.0B
2019	$24.0B	$5.7B	32.1%	0.0%	28.7%	13.4%	—	—	$2.8B
2018	$23.4B	$2.2B	32.8%	0.0%	10.2%	4.4%	—	—	$185M
2017	$22.8B	$1.6B	33.0%	0.0%	7.9%	3.1%	—	—	$301M
2016	—	-$868M	—	—	-3.6%	-1.4%	—	—	$579M
2015	—	$1.6B	—	—	15.1%	5.3%	—	—	$553M
2015	—	$551M	—	—	13.6%	4.5%	$296M	$3.1B	$1.4B
2014	—	$1.2B	—	—	10.8%	3.7%	—	—	$364M
2014	—	$1.8B	—	—	39.6%	15.6%	$541M	$1.5B	$892M
2013	—	$536M	—	—	10.5%	4.4%	$432M	$1.5B	$563M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Mar '26	$6.1B	$613M	36.8%	0.0%	4.5%	1.6%	$604M	—	$698M
Dec '25	$5.8B	$524M	35.8%	0.0%	4.0%	1.4%	$531M	—	$552M
Sep '25	$6.4B	$1.7B	36.5%	0.0%	13.1%	4.5%	$838M	$9.9B	$379M
Jun '25	$6.1B	$701M	37.1%	0.0%	4.4%	1.6%	$693M	—	$731M
Mar '25	$5.7B	$478M	36.5%	0.0%	3.0%	1.1%	$456M	—	$795M
Dec '24	$5.4B	$419M	35.5%	0.0%	2.6%	1.0%	$133M	—	$1.2B
Sep '24	$6.2B	$633M	36.3%	0.0%	3.9%	1.5%	$1.2B	$9.5B	$606M
Jun '24	$5.9B	$975M	35.8%	0.0%	6.1%	2.3%	$564M	—	$858M
Mar '24	$5.6B	-$277M	34.3%	0.0%	-1.8%	-0.6%	-$454M	—	$838M
Dec '23	$5.2B	$374M	34.1%	0.0%	2.2%	0.9%	-$193M	—	$1.8B
Sep '23	$2.4B	$549M	42.6%	0.0%	3.3%	1.3%	$1.3B	$8.8B	$828M
Jun '23	$7.1B	$1.0B	34.1%	0.0%	6.4%	2.5%	$702M	—	$1.1B
Mar '23	$6.7B	$133M	33.5%	0.0%	0.8%	0.3%	$193M	—	$2.0B
Dec '22	$6.1B	$118M	34.5%	0.0%	0.7%	0.3%	-$430M	—	$1.5B
Sep '22	$6.7B	$761M	34.1%	0.0%	4.7%	1.8%	$1.0B	—	$2.0B
Jun '22	$6.6B	$379M	33.3%	0.0%	2.4%	0.9%	$317M	—	$1.5B
Mar '22	$6.1B	$11M	32.1%	0.0%	0.1%	0.0%	-$193M	—	$1.8B
Dec '21	$5.9B	$381M	32.3%	0.0%	2.2%	0.9%	$257M	—	$1.2B
Sep '21	$6.4B	$269M	34.3%	0.0%	1.5%	0.6%	$301M	—	$1.3B
Jun '21	$6.3B	$574M	34.6%	0.0%	3.2%	1.4%	$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 27.8× (Nov '26).
The price-to-sales ratio has risen from 1.8× (Mar '23) to 3.9× (Nov '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.1% (Nov '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?

Johnson Controls's P/E (TTM) is 25.89 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the JCI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 27.8× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.