← Johnson Controls International plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues (note 26) | $1.9b | $2.4b | $2.8b | $3.0b | $2.8b | $4.1b | $4.5b | $4.3b | $4.8b | $5.6b | — | |
| Cost of Revenue | $15.2b |
$20.8b
+37.21%
|
$22.0b
+5.70%
|
$16.3b
-26.09%
|
$14.9b
-8.41%
|
$15.6b
+4.72%
|
$17.0b
+8.63%
|
$17.8b
+5.11%
|
$14.9b
-16.54%
|
$15.0b
+0.87%
|
$15.8b
+5.53%
|
|
| Cost of revenues (exclusive of depreciation and amortization shown below) | $1.2b |
$1.6b
+34.42%
|
$1.8b
+14.61%
|
$2.0b
+7.81%
|
$1.7b
-11.16%
|
$2.5b
+44.75%
|
$2.7b
+9.11%
|
$2.6b
-5.55%
|
$2.9b
+11.67%
|
$3.3b
+14.91%
|
$15.8b
+375.16%
|
|
| Gross Profit | $5.7b |
$9.3b
+65.18%
|
$9.4b
+0.44%
|
$7.7b
-17.99%
|
$7.4b
-3.67%
|
$8.1b
+8.74%
|
$8.3b
+3.52%
|
$9.0b
+7.53%
|
$8.1b
-9.97%
|
$8.6b
+6.38%
|
$9.2b
+6.62%
|
|
| Research and Development Expense | — | $360.0m | $380.0m | $319.0m | $274.0m | $275.0m | $295.0m | $320.0m | $267.0m | $273.0m | — | |
| Selling, General and Administrative Expense | $4.2b | $6.2b | $6.0b | $6.2b | $5.7b | $5.3b | $5.9b | $6.2b | $5.7b | $5.8b | $5.5b | |
| Amortization of Intangible Assets | $116.0m | $489.0m | $384.0m | $377.0m | $386.0m | $435.0m | $427.0m | $439.0m | $476.0m | $439.0m | — | |
| Restructuring and impairment costs | ($620.0m) | ($367.0m) | ($263.0m) | ($235.0m) | ($783.0m) | ($242.0m) | ($721.0m) | ($1.1b) | $510.0m | $546.0m | — | |
| Interest Expense | $293.0m | $466.0m | $437.0m | $335.0m | $240.0m | $219.0m | $225.0m | — | — | — | $209.0m | |
| Interest expense, net | $9.2m | $11.9m | $20.8m | $29.5m | $30.9m | $31.8m | $48.6m | $94.1m | $85.8m | $82.4m | $209.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $95.0m | $94.0m | ($5.0m) | ($10.0m) | ($32.0m) | $56.0m | $49.0m | $28.0m | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | ($750.0m) | $0 | — | |
| Income (Loss) from Equity Method Investments | $174.0m | $240.0m | $235.0m | $192.0m | $171.0m | $261.0m | $246.0m | $265.0m | ($42.0m) | $6.0m | — | |
| Interest and Other Income | $12.0m | $19.0m | $29.0m | $61.0m | $23.0m | $9.0m | $6.0m | — | — | — | — | |
| Other income | ($2.4m) | ($500k) | ($1.3m) | $212k | $13k | ($5.1m) | $1.0m | ($841k) | ($410k) | ($3.7m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $943.0m | $868.0m | $773.0m | ($259.0m) | ($385.0m) | $543.0m | $67.0m | ($130.0m) | ($406.0m) | ($309.0m) | $2.7b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.1b | $2.6b | $2.9b | $1.1b | $903.0m | $2.6b | $1.7b | $1.7b | $1.5b | $2.0b | $2.7b | |
| Current Income Tax Expense (Benefit) | $962.0m | $142.0m | $1.2b | ($845.0m) | $645.0m | $832.0m | $128.0m | $353.0m | $518.0m | $51.0m | $528.0m | |
| Income Tax Expense (Benefit) | $197.0m | $705.0m | $518.0m | ($233.0m) | $108.0m | $868.0m | ($13.0m) | ($323.0m) | $111.0m | $245.0m | $528.0m | |
| Net earnings attributable to Company | $68.0m | $51.4m | $97.7m | $102.9m | $49.1m | ($390.3m) | $46.3m | $65.5m | $161.7m | $103.1m | — | |
| Net Income (Loss) Attributable to Parent | ($868.0m) |
$1.6b
+285.60%
|
$2.2b
+34.20%
|
$5.7b
+162.44%
|
$631.0m
-88.88%
|
$1.6b
+159.43%
|
$1.5b
-6.41%
|
$1.8b
+20.69%
|
$1.7b
-7.79%
|
$3.3b
+93.02%
|
$3.6b
+8.75%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | $191.0m | $184.0m | $195.0m | $222.0m | $3.6b | |
| Continuing operations (in dollars per share) | ($1.30) | $1.77 | $2.34 | $1.26 | $0.84 | $2.11 | $2.19 | $2.69 | $2.08 | $2.63 | — | |
| Discontinued operations (in dollars per share) | $0.00 | ($0.05) | $0.00 | $5.26 | $0.00 | $0.17 | $0.00 | $0.00 | $0.44 | $2.40 | — | |
| Earnings Per Share, Basic | ($1.30) | $1.72 | $2.34 | $6.52 | $0.84 | $2.28 | $2.20 | $2.70 | $2.53 | $5.04 | $5.70 | |
| Earnings Per Share, Diluted | ($1.29) | $1.71 | $2.32 | $6.49 | $0.84 | $2.27 | $2.19 | $2.69 | $2.52 | $5.03 | $5.69 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $2 | $2 | $1 | $1 | $2 | $2 | $3 | $2 | $3 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $2 | $2 | $1 | $1 | $2 | $2 | $3 | $2 | $3 | — | |
| Common Stock, Dividends, Per Share, Declared | $1.16 | $1.00 | $1.04 | $1.04 | $1.04 | $1.07 | $1.32 | $1.43 | $1.48 | $1.51 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 667.4m | 935.3m | 925.7m | 870.2m | 751.0m | 716.6m | 696.1m | 684.3m | 673.8m | 651.8m | 615.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 672.6m | 944.6m | 931.7m | 874.3m | 753.6m | 721.1m | 699.6m | 687.4m | 676.0m | 654.1m | 617.4m | |
| Additional Financial Items | ||||||||||||
| Acquisition-related items (note 7) | $3.6m | $14.9m | $22.0m | $28.5m | $45.8m | $61.0m | $77.1m | $47.1m | ($27.8m) | $29.9m | — | |
| Depreciation | $23.6m | $26.3m | $30.6m | $33.4m | $39.3m | $45.9m | $48.7m | $54.6m | $66.2m | $77.4m | — | |
| Equity income (loss) | $531.0m | $240.0m | $235.0m | $192.0m | $171.0m | $261.0m | $246.0m | $265.0m | ($42.0m) | $6.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | $424.0m | $0 | $310.0m | $184.0m | $230.0m | — | $103.0m | |
| Income from continuing operations | ($868.0m) | $1.7b | $2.2b | $1.1b | $631.0m | $1.5b | $1.5b | $1.8b | $1.4b | $1.7b | — | |
| Income from continuing operations attributable to noncontrolling interests | $216.0m | $199.0m | $221.0m | $189.0m | $164.0m | $233.0m | $191.0m | $184.0m | $4.0m | $3.0m | — | |
| Income from discontinued operations | $0 | ($43.0m) | $0 | $4.6b | $0 | $124.0m | $0 | $0 | $298.0m | $1.6b | — | |
| Income from discontinued operations attributable to noncontrolling interests | $0 | $9.0m | $0 | $24.0m | $0 | $0 | $176.0m | $165.0m | $191.0m | $219.0m | — | |
| Income from discontinued operations, net of tax | $0 | ($34.0m) | $0 | $4.6b | $0 | $124.0m | $0 | $0 | $489.0m | $1.8b | — | |
| Loss on disposal of operations (note 5) | — | — | — | — | — | $0 | $26.8m | $2.3m | $0 | $696k | — | |
| Net financing charges | ($314.0m) | ($496.0m) | ($441.0m) | ($350.0m) | ($231.0m) | ($206.0m) | ($213.0m) | ($281.0m) | $342.0m | $319.0m | — | |
| Non-controlling interest redemption increment (note 17) | $3.5m | $22.4m | $7.7m | $7.9m | $15.8m | $99.3m | $94.4m | $22.6m | $21.2m | $63.6m | — | |
| Non-controlling interest share of earnings | $20.1m | $20.3m | $23.2m | $26.8m | $29.6m | $53.5m | $53.9m | $56.6m | $54.0m | $57.8m | — | |
| Operating earnings | $146.2m |
$167.4m
+14.51%
|
$201.4m
+20.33%
|
$218.2m
+8.34%
|
$164.6m
-24.57%
|
($131.5m)
-179.90%
|
$332.5m
+352.85%
|
$300.9m
-9.49%
|
$389.2m
+29.33%
|
$371.0m
-4.69%
|
— | |
| Settlement of long-term incentive arrangement ("LTIA") (note 22) | — | — | — | — | $0 | $471.9m | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $732.0m | $1.7b | $2.2b | $1.1b | $631.0m | $1.5b | $1.5b | $1.8b | $1.4b | $1.7b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $864.0m | $1.9b | $2.4b | $1.3b | $795.0m | $1.7b | $1.7b | $2.0b | $1.4b | $1.7b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $1.6b | ($43.0m) | $0 | $4.6b | $0 | $124.0m | $0 | $0 | $298.0m | $1.6b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($1.5b) | ($34.0m) | $0 | $4.6b | $0 | $124.0m | $0 | $0 | $489.0m | $1.8b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.