Johnson Controls International PLC (JCI)

Net 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
Net income (ttm) US$ in thousands 2,105,000 1,849,000 2,061,000 1,391,000 1,269,000 1,532,000 1,040,000 1,235,000 1,567,000 1,637,000 1,809,000 1,053,000 923,000 631,000 802,000 5,176,000 5,478,000 5,674,000 5,833,000 2,364,000
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
Net profit margin 7.85% 6.88% 7.84% 5.37% 5.01% 6.08% 4.14% 4.98% 6.41% 6.88% 7.77% 4.72% 4.20% 2.83% 3.55% 21.93% 22.84% 19.43% 18.65% 7.19%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,105,000K ÷ $26,831,000K
= 7.85%

The net profit margin of Johnson Controls International plc has exhibited fluctuating trends over the past eight quarters. The net profit margin, which represents the percentage of each dollar of revenue that translates into profit, has shown a pattern of variability, ranging from 4.17% to 7.85%.

In the most recent quarter, ending December 31, 2023, the net profit margin stands at 7.85%, representing a positive increase from the previous quarter's 6.90%. This improvement indicates the company's ability to manage its costs effectively and enhance profitability relative to its revenue.

While the net profit margin has shown variability, it is important to consider the overall trend over a longer period to ascertain the company's ability to maintain consistent profitability. Additionally, a comparison with industry benchmarks and peer companies can provide further insights into Johnson Controls International plc's performance in this aspect.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Johnson Controls International PLC
JCI
7.85%
NV5 Global Inc
NVEE
3.54%

See also:

Johnson Controls International PLC Net Profit Margin (Quarterly Data)