Johnson Controls International (NYSE:JCI) Announces Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Johnson Controls International (NYSE:JCI) announced its earnings results on Tuesday. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.07, Zacks reports. The firm had revenue of $7.11 billion during the quarter, compared to analyst estimates of $7.04 billion. Johnson Controls International had a net margin of 14.32% and a return on equity of 22.11%. Johnson Controls International’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.26 EPS.

Here are the key takeaways from Johnson Controls International’s conference call:

• Strong fiscal 2026 performance: Organic revenue rose more than 8%, adjusted EPS increased 37%, and free-cash-flow conversion reached 103%, exceeding the company’s initial and raised guidance.
• Demand accelerated exiting the year, with orders up 44% and backlog up 43% to a record $23 billion, led by data centers and other mission-critical markets such as semiconductor, battery manufacturing, and research universities.
• Johnson Controls forecast fiscal 2027 organic revenue growth of 11%–12% and adjusted EPS of $6.15–$6.30, representing approximately 21% EPS growth at the midpoint; management expects operating leverage above 30%.
• The company plans approximately $900 million in fiscal 2027 capital expenditures to expand manufacturing, innovation, and digital capabilities, while restructuring actions are expected to generate $600 million in annualized savings by fiscal 2029.
• Restructuring will require approximately $400 million of expense over fiscal 2027–2028, free-cash-flow conversion is expected to decline to about 95% as investment rises, and the planned intrusion-business divestiture is expected to be modestly dilutive.

Johnson Controls International Price Performance

JCI stock traded up $6.33 on Tuesday, hitting $153.84. 1,173,757 shares of the company’s stock traded hands, compared to its average volume of 4,099,482. The stock has a market cap of $93.18 billion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 1.07 and a beta of 1.27. Johnson Controls International has a 1-year low of $108.41 and a 1-year high of $160.41. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average of $146.93 and a 200-day moving average of $139.75.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.60 annualized dividend and a yield of 1.0%. Johnson Controls International’s dividend payout ratio is currently 27.83%.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Lei Schlitz sold 23,417 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares of the company’s stock, valued at approximately $2,298,652.19. This represents a 60.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on JCI. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Johnson Controls International from $180.00 to $178.00 and set a “buy” rating for the company in a research note on Wednesday, September 30th. The Goldman Sachs Group raised their price objective on shares of Johnson Controls International from $186.00 to $191.00 and gave the company a “buy” rating in a research note on Wednesday, September 30th. Wells Fargo & Company began coverage on shares of Johnson Controls International in a research note on Thursday, September 24th. They set an “overweight” rating and a $186.00 price objective on the stock. Mizuho boosted their target price on Johnson Controls International from $150.00 to $165.00 and gave the stock a “neutral” rating in a report on Thursday, October 15th. Finally, Argus set a $175.00 target price on Johnson Controls International in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $163.05.

Johnson Controls International Company Profile

Johnson Controls International plc (NYSE:JCI) is a global provider of building technology, products and services. The company helps customers design, operate and maintain efficient, healthy and secure buildings through solutions for heating, ventilation and air conditioning, building automation, energy management, fire detection and suppression, and physical security.

Its portfolio includes building controls and digital management platforms, HVAC equipment, chillers, air-handling systems, fire and security technologies, and related services.