Johnson Controls International PLC (JCI)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 8,872,000 | 8,971,000 | 9,058,000 | 8,827,000 | 8,543,000 | 8,343,000 | 8,239,000 | 8,236,000 | 8,222,000 | 8,059,000 | 7,843,000 | 7,478,000 | 7,336,000 | 7,411,000 | 7,416,000 | 7,728,000 | 7,771,000 | 7,693,000 | 7,770,000 | 7,714,000 |
| Revenue (ttm) | US$ in thousands | 26,831,000 | 26,865,000 | 26,291,000 | 25,891,000 | 25,349,000 | 25,213,000 | 25,100,000 | 24,823,000 | 24,458,000 | 23,809,000 | 23,275,000 | 22,325,000 | 22,002,000 | 22,321,000 | 22,611,000 | 23,606,000 | 23,983,000 | 29,198,000 | 31,282,000 | 32,899,000 |
| Gross profit margin | 33.07% | 33.39% | 34.45% | 34.09% | 33.70% | 33.09% | 32.82% | 33.18% | 33.62% | 33.85% | 33.70% | 33.50% | 33.34% | 33.20% | 32.80% | 32.74% | 32.40% | 26.35% | 24.84% | 23.45% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,872,000K ÷ $26,831,000K
= 33.07%
The gross profit margin of Johnson Controls International plc has fluctuated over the past few quarters. In the most recent quarter, ending December 31, 2023, the gross profit margin was 33.08%, slightly lower than the previous quarter's 33.48%.
Looking at the trend over the past year, the gross profit margin has remained within a narrow range, fluctuating between 32.98% and 34.04%. This indicates relative stability in the company's ability to generate profits from its sales after accounting for the cost of goods sold.
While the gross profit margin is an important metric, it should be analyzed in conjunction with other financial indicators to gain a comprehensive understanding of Johnson Controls International plc's overall financial performance.
Peer comparison
Dec 31, 2023
See also:
Johnson Controls International PLC Gross Profit Margin (Quarterly Data)