Revenue segments as reported by the company.

Building Solutions North America

Building Solutions EMEA/LA

Building Solutions Asia Pacific

Global Products

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Restructuring and impairment costs

Net financing charges

Equity income

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Johnson Controls

Johnson Controls International Plc engages in the provision of building products, energy solutions, integrated infrastructure and next generation transportation systems. Its technology and service capabilities include fire, security, HVAC, power solutions and energy storage to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential. The company was established in 1885 and is headquartered in Cork, Ireland.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Johnson Controls reports strong Q1 performance, anticipates margin improvements

Johnson Controls had a strong start in Q1 2023, with revenue growth and cost savings initiatives. Margins faced challenges but are expected to improve in upcoming quarters. The company is focusing on digital transformation, sustainable solutions, and enhancing service offerings to drive future growth.

Johnson Controls (JCI) surpasses Q2 expectations, eyes sustainable growth

Johnson Controls (JCI) delivered strong Q2 2023 performance, exceeding guidance and showcasing resilience in backlog and margin expansion.
The company's focus on sustainability, infrastructure, and digitization presents growth opportunities despite challenges in inventory management and equipment upgrades.
With a strong emphasis on operational improvements and market expansion, Johnson Controls (JCI) is poised for continued growth and margin expansion beyond 2023.

Johnson Controls excels in Q3, eyes growth amid challenges

Johnson Controls delivered a strong Q3 performance, meeting guidance and showing growth across key metrics.
The company's focus on decarbonization, digital expansion, and margin improvement positions it well for future growth.
Challenges like margin headwinds and destock issues are being addressed, with opportunities in order growth and margin expansion ahead.

Johnson Controls reports resilient Q4 performance and eyes growth opportunities

Johnson Controls demonstrated resilience in Q4 2023 despite a cyber incident, with strong financial performance and operational efficiency.
The company's focus on sustainability, energy-saving solutions, and service business growth presents promising opportunities for future expansion.
While facing margin pressure and short-term challenges, Johnson Controls is well-positioned to capitalize on growth opportunities in data centers and HVAC business.
Overall, Johnson Controls' strategic initiatives and financial performance position it for continued success and growth in fiscal 2024.

Johnson Controls meets Q1 expectations amidst challenges, eyes growth

Johnson Controls navigated challenges to meet expectations, focusing on strategic alternatives for noncommercial product lines, improving margins through operational models, and anticipating growth in key regions and segments.

Johnson Controls excels in Q2 2024, eyes data center growth

Johnson Controls (JCI) delivered a strong performance in Q2 2024, with a focus on commercial building solutions and data center market. Strategic initiatives and guidance outlook remain positive.
Challenges include product liability and goodwill charges, higher labor inflation, and unwind of factoring. Opportunities in product development, capacity expansion, and service growth are key focus areas.
Overall, Johnson Controls is navigating challenges while capitalizing on strengths and growth opportunities in the commercial building and data center markets. Operational excellence and value creation are key priorities.

Johnson Controls exceeds Q3 targets, focuses on growth and transformation

Johnson Controls demonstrated resilience and strategic focus in Q3, with strong financial performance and progress in portfolio transformation.
While facing challenges in certain verticals and leadership transition, the company is poised for growth and margin improvement.
Opportunities lie in regional growth, operational enhancements, and a clear strategic direction post-divestitures, positioning Johnson Controls for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Tyco International Ltd. provides security products and services, fire detection and suppression products and services and life safety products. The company's portfolio of products and services are sold under brand names such as Tyco, SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Grinnell, Scott and ADT. It operates through three business segments: North America Installation & Services, Rest of World Installation & Services and Global Products. The North America Installation & Services segment designs, sells, installs, services and monitors electronic security systems and fire detection and suppression systems for commercial, industrial, retail, institutional and governmental customers in North America. The Rest of World Installation & Services segment designs, sells, installs, services and monitors electronic security systems and fire detection and suppression systems for commercial, industrial, retail, residential, small business, institutional and governmental customers in the Rest of World regions. The Global Products segment designs, manufactures and sells fire protection, security and life safety products, including intrusion security, anti-theft devices, breathing apparatus and access control and video management systems for commercial, industrial, retail, residential, small business, institutional and governmental customers worldwide, including products installed and serviced by its NA and ROW Installation & Services segments. Tyco International was founded by Arthur J. Rosenburg in 1960 and is headquartered in Schaffhausen, Switzerland.

I review Johnson Controls' strategic focus. Strategic overhauls take time, but the momentum can increase rapidly near the end. Johnson Controls appears to be approaching a strategic breakout. The outgoing CEO's comments reinforce this.

Johnson Controls: Strategic Flywheel Gaining Momentum

Johnson Controls stock (NYSE: HUM) currently trades around $70 per share, compared to its peak levels of over $80 seen in January 2022. While the company's stock has shed more than 10% of its value, Carrier stock (NYSE: CARR) has risen around 40% over the same period.

$50 To $70 In Less Than A Year: Is Johnson Controls Stock Headed To $80 Next?

Boeing

3M's new CEO is off to a strong start. Boeing's problems run deep, but its new CEO has an excellent track record.

These 3 Stocks Could Soar Under Their New CEOs

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Johnson Controls (JCI) is a Strong Value Stock

NEUHAUSEN, Switzerland--(BUSINESS WIRE)--Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), collaborates with HappyOrNot®, the global leader in customer and employee experience management solutions, to announce a strategic go-to-market alliance and a new offering that puts the customer experience front and center. The Brand Vitality Meter enables stores to merge shopper feedback data collected from HappyOrNot's Smiley Touch™, Smiley Terminal™ d.

Sensormatic Solutions and HappyOrNot Elevate Customer Experience With Brand Vitality Meter, Available Now

Johnson Controls' (JCI) fiscal third-quarter results benefit from strength in the HVAC & controls businesses.

Johnson Controls (JCI) Q3 Earnings Top, Revenues Lag Estimates

Johnson Controls International plc (NYSE:JCI ) Q3 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Jim Lucas - VP, IR George Oliver - Chairman and CEO Marc Vandiepenbeeck - CFO Conference Call Participants Scott Davis - Melius Research Julian Mitchell - Barclays Nigel Coe - Wolfe Research Steve Tusa - JPMorgan Noah Kaye - Oppenheimer Joe Ritchie - Goldman Sachs Joe O'Dea - Wells Fargo Jeff Sprague - Vertical Research Andy Kaplowitz - Citigroup Andrew Obin - Bank of America Deane Dray - RBC Capital Markets Gautam Khanna - TD Cowen Nicole DeBlase - Deutsche Bank Brett Linzey - Mizuho Operator Good morning, and welcome to the Johnson Controls Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, today's event is being recorded.

Johnson Controls International plc (JCI) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Johnson Controls (JCI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Johnson Controls (JCI) Q3 Earnings

Johnson Controls (JCI) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.03 per share a year ago.

Johnson Controls (JCI) Q3 Earnings Surpass Estimates

Johnson Controls CEO George Oliver will retire following dialogue with activist Elliott Management. Elliott amassed a $1 billion stake in the company earlier this year.

Johnson Controls CEO to retire after 'constructive' conversations with activist Elliott; shares surge

George R. Oliver to retire as CEO and remain chair of the Board, following appointment of successor Advances Board refreshment with appointment of Patrick Decker as a new, independent director; Appointment follows Constructive Dialogue with Elliott Management CORK, Ireland , July 31, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced that George R. Oliver has informed the Board of Directors that it is time to initiate the CEO succession plan following the company's substantial progress on its portfolio transformation.

JOHNSON CONTROLS ANNOUNCES INITIATION OF CEO SUCCESSION FOLLOWING SIGNIFICANT MILESTONES IN PORTFOLIO TRANSFORMATION

Q3 reported sales increased 1% and 3% organically* Q3 GAAP EPS of $1.45; Q3 Adjusted EPS* of $1.14 Q3 Orders +5% organically year-over-year Building Solutions backlog of $12.9 billion increased 10% organically year-over-year Initiates fiscal Q4 and updates full year fiscal 2024 guidance* * This news release contains non-GAAP financial measures. Definitions and reconciliations of the non-GAAP financial measures can be found in the attached footnotes.

Johnson Controls Reports Solid Q3 Results; Tightens FY24 Guidance

Johnson Controls' (JCI) fiscal Q3 results are likely to benefit from continued improvement in the HVAC & Controls business.

What to Note Ahead of Johnson Controls' (JCI) Q3 Earnings?

Get a deeper insight into the potential performance of Johnson Controls (JCI) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Johnson Controls (JCI) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

Johnson Controls International Plc (JCI) sold its residential and light commercial HVAC business to Germany-based engineering and technology firm Bosch for a total consideration of $8.1 billion.

Johnson Controls Sells Residential and Light Commercial HVAC Business to Bosch

CORK, Ireland , July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast:  What: Johnson Controls Third Quarter Fiscal 2024 Earnings Conference Call When: Wednesday, July 31, 2024, at 8:30 a.m. ET How: The conference call for investors can be accessed in the following ways: Live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations Note: A slide presentation will be available that morning for downloading.

Johnson Controls Announces Third Quarter 2024 Earnings Conference Call Webcast

Robert Bosch agreed to buy heating and air-conditioning operations from Johnson Controls International and Hitachi for $8.1 billion in its largest-ever deal as the group seeks to expand in the U.S. and Asia.

Bosch to Buy Heating, Air-Conditioning Businesses From Johnson Controls, Hitachi for $8 Billion

STUTTGART, Germany--(BUSINESS WIRE)--Bosch, the supplier of technology and services, is continuing its growth course with a strategic acquisition. For its Energy and Building Technology business sector, the Bosch Group plans to take over the global HVAC solutions business for residential and light commercial buildings from Johnson Controls. As part of this transaction, Bosch also intends to acquire 100 percent of the Johnson Controls-Hitachi Air Conditioning (JCH) joint venture, including Hitac.

Bosch Acquires Residential and Light Commercial HVAC Business from Johnson Controls and Hitachi

Johnson Controls International (JCI) said on Tuesday that it will sell a portfolio of its heating and ventilation units to Germany's Bosch Group for $6.7 billion.

Johnson Controls to sell heating and ventilation assets to Bosch in $6.7 bln deal

Divestiture Advances Johnson Controls' Transformation into a Pure-Play Provider of Comprehensive Solutions for Commercial Buildings Transaction Valued At $8.1 Billion; JCI Consideration of $6.7 Billion Company Provides Preliminary 2024 Third Fiscal Quarter Earnings Update CORK, Ireland , July 23, 2024 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) ("Johnson Controls" or the "Company"), the global leader in smart, healthy, safe and sustainable buildings, today announced it has reached a definitive agreement to sell its Residential and Light Commercial (R&LC) HVAC business in an all-cash transaction to the Bosch Group ("Bosch").  The transaction includes the North America Ducted business and global Residential joint venture with Hitachi, Ltd.

Johnson Controls to Sell Residential and Light Commercial HVAC Businesses

PARIS , July 22, 2024 /PRNewswire/ -- As the Paris Olympics 2024 is about to get underway, millions of fans will travel to the French capital city to attend one of the world's largest sporting events. Thanks to the latest technology from Johnson Controls (NYSE: JCI), they will enjoy a more comfortable experience at some of the smartest and most energy-efficient stadiums on the continent.

JOHNSON CONTROLS ENHANCES EFFICIENCY AND SUSTAINABILITY OF EIGHT PARIS OLYMPIC VENUES

Abbott Labs

McDonald's

Microsoft

Procter & Gamble

Public Storage

Waste Management

The concept of safe stocks arguably couldn't be timelier. Recently, the technology sector encountered significant turmoil, with many experts questioning the sustained success of artificial intelligence and related innovations.

7 Safe Stocks to Buy for Volatility Insurance

NEUHAUSEN, Switzerland--(BUSINESS WIRE)--Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), released its 2024 U.S. Back-to-School Consumer Sentiment Survey, revealing that customers continue to prioritize in-store shopping for the coming school year. The annual survey revealed that 74% of consumers plan to conduct their back-to-school shopping in-store, remaining the top choice for shoppers year-over-year. Additionally, 43% of shoppers say they.

Nearly Three-Quarters of US Back-to-School Consumers Will Shop In-Store, According to Sensormatic Solutions Annual Survey

Beacon Roofing Supply

LOS ANGELES--(BUSINESS WIRE)--DanceOne and Debbie Allen Dance Academy Join Forces to Drive Accessibility and Advance the Next Generation of Dancers.

DanceOne and Debbie Allen Dance Academy Join Forces to Drive Accessibility and Advance the Next Generation of Dancers

Johnson Controls (JCI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for Johnson Controls Stock (JCI)