Johnson Controls (JCI) stock
Industrials · Building Products
Johnson Controls (JCI) is a Building Products company in the Industrials sector, headquartered in Cork, Ireland. As of October 23, 2026, JCI closed at $143.96, a market capitalization of $87.20 billion, the 143rd largest company in the S&P 500. The stock trades at 40.7x trailing earnings and 23.5x forward earnings.
- 1-year total return: +31.4% (dividends reinvested)
- 5-year return: +16.4% a year
- 52-week range: $108.41 – $160.41
- Dividend yield: 1.11%
- FI Handbook report card: B across 4 metrics
- 20th largest of 83 Industrials stocks in the S&P 500
JCI price chart
1Y price change: +30.2% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| JCI | -1.3% | +21.3% | +31.4% | +46.0% | +16.4% | +16.4% | +10.3% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1987.
JCI key statistics
- Market cap
- $87.2B
- #143 in S&P 500
- P/E (TTM)
- 40.7x
- Forward P/E
- 23.5x
- EPS (TTM)
- —
- Revenue (TTM)
- —
- Free cash flow
- $1.7B
- Gross margin
- —
- Operating margin
- —
- Return on equity
- —
- Dividend yield
- 1.11%
- 52-week range
- $108.41 – $160.41
- Beta
- —
- Price / sales
- —
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- —
JCI report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth——
- Gross margin——
- Operating margin——
- FCF margin——
- Return on equity——
- Net debt / EBITDA——
- Forward P/E23.5xC
- PEG ratio1.7xC
- Shareholder yield8.0%A
- Share count change / yr-2.8%A
Johnson Controls International financials
Revenue went from $20.8B in fiscal 2016 to $23.6B in fiscal 2025, growing 1.4% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.8B | $22.8B | $23.4B | $24.0B | $22.3B | $23.7B | $20.6B | $22.3B | $23.0B | $23.6B |
| Gross profit | $5.7B | $7.5B | $7.7B | $7.7B | $7.4B | $8.1B | $7.1B | $7.8B | $8.1B | $8.6B |
| Net income | -$868.0M | $1.6B | $2.2B | $5.7B | $631.0M | $1.6B | $1.5B | $1.8B | $1.7B | $3.3B |
| EPS (diluted) | $-1.29 | $1.71 | $2.32 | $6.49 | $0.84 | $2.27 | $2.19 | $2.69 | $2.52 | $5.03 |
| Free cash flow | $659.0M | -$389.0M | $875.0M | $1.2B | $2.0B | $2.0B | — | — | — | — |
| Buybacks | $501.0M | $651.0M | $300.0M | $6.0B | $2.2B | $1.3B | $1.4B | $625.0M | $1.2B | $6.0B |
| Dividends paid | $915.0M | $702.0M | $954.0M | $920.0M | $790.0M | $762.0M | $916.0M | $980.0M | $1.0B | $976.0M |
| Diluted shares | 672.6M | 944.6M | 931.7M | 874.3M | 753.6M | 721.1M | 699.6M | 687.4M | 676.0M | 654.1M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into JCI?
A reverse DCF asks what growth the current price requires. With an enterprise value of $87.2B and $1.7B of trailing free cash flow, Johnson Controls International needs to grow free cash flow about 35.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 24.8% a year over the last five years.
P/E ratio history
Current 28.6x vs. median 22.6x (10th–90th percentile 7.1x–39.7x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
JCI dividend
- Dividend yield
- 1.11%
- Annual dividend
- $1.60
- Years of increases
- —
- 5-yr dividend growth
- -6.6%
- per year
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
JCI analyst price targets
22 analysts' average 12-month target is $168.50 (+17% vs. $143.96). Targets range from $129.00 to $193.00. 55% rate it a buy.
JCI earnings
Next report: October 27, 2026. Johnson Controls International has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $6.6B (+9% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 29, 2026 | $1.30 | $1.42 | +9.0% |
| May 6, 2026 | $1.12 | $1.19 | +6.5% |
| Feb 4, 2026 | $0.84 | $0.89 | +5.7% |
| Nov 5, 2025 | $1.20 | $1.26 | +4.7% |
| Jul 29, 2025 | $1.01 | $1.05 | +3.6% |
| May 7, 2025 | $0.80 | $0.82 | +2.6% |
| Feb 5, 2025 | $0.59 | $0.64 | +8.5% |
| Nov 6, 2024 | $1.25 | $1.28 | +2.7% |
Stocks like JCI
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|---|---|---|---|---|---|
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 ALLE Allegion | +1.39% | +6% | $15.2B | 22.3x | Compare |
 MAS Masco | -2.61% | +11% | $15.0B | 16.7x | Compare |
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JCI news
- What You Need to Know Ahead of Johnson Controls' Earnings Release · Oct 23, 2026
- How Johnson Controls (JCI) Capitalizes on U.S. Manufacturing and AI Buildouts · Oct 15, 2026
- Smart HVAC Controls Market Outlook 2026-2035 - Featuring Profiles of 3 Leading Companies: Honeywell International, Johnson Controls International, and Carrier Global Corporation · Oct 2, 2026
- Industrial Heating Equipment Market Outlook 2026-2035 - Featuring Profiles of Johnson Controls, Siemens Energy, and Trane Technologies International Limited · Oct 1, 2026
- Refrigeration Coolers Market Forecasts Growth from $4.72B (2026) to $6.85B by 2032, Profiling Johnson Controls, LU-VE, Kelvion & Danfoss · Oct 1, 2026
JCI stock FAQ
What is JCI's market cap?
Johnson Controls's market capitalization is $87.20 billion as of October 23, 2026, ranking 143rd in the S&P 500.
What is JCI's P/E ratio?
JCI trades at a trailing price-to-earnings ratio of 40.7x and a forward P/E of 23.5x. Its median P/E over the period we track is 22.6x.
Does JCI pay a dividend?
Yes. Johnson Controls pays $1.60 per share a year, a 1.11% yield. Dividends fell 6.6% a year over the last five years.
How much has JCI stock returned?
Including reinvested dividends, JCI returned +31.4% over one year, +16.4% a year over five years, +16.4% a year over ten years through October 23, 2026.
Is JCI stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Johnson Controls must grow free cash flow about 36% a year for the next decade. Its free cash flow grew 25% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the JCI price target?
22 analysts cover JCI with an average 12-month price target of $168.50, +17% from the current price. 55% of them rate it a buy.
When does JCI report earnings?
Johnson Controls is expected to report earnings on October 27, 2026. It has beaten EPS estimates 8 quarters in a row.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology