Johnson Controls International PLC (JCI)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 694,000 | 697,000 | -168,000 | 1,381,000 | 1,159,000 | 1,443,000 | 1,066,000 | 705,000 | 890,000 | 1,163,000 | 1,391,500 | 1,832,000 | 1,879,500 | 1,627,500 | 762,000 | 437,500 | 220,000 | -323,000 | 354,000 | 513,000 |
| Revenue (ttm) | US$ in thousands | 22,946,000 | 27,224,000 | 26,966,000 | 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 |
| Operating profit margin | 3.02% | 2.56% | -0.62% | 5.15% | 4.31% | 5.49% | 4.12% | 2.78% | 3.53% | 4.63% | 5.61% | 7.49% | 7.89% | 6.99% | 3.41% | 1.99% | 0.99% | -1.43% | 1.50% | 2.14% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $694,000K ÷ $22,946,000K
= 3.02%
Johnson Controls International PLC's operating profit margin has varied over the past several quarters, ranging from negative territory to as high as 7.89%.
The operating profit margin peaked at 7.89% in June 2021 and has since fluctuated, with the latest reported figure at 3.02% in September 2024. This indicates that the company's profitability from its core operations has decreased in the most recent period compared to prior quarters.
The negative operating profit margin in March 2024 might be a cause for concern and warrants further investigation into the factors contributing to this anomaly. Overall, the fluctuating trend in operating profit margin suggests that Johnson Controls International PLC's operational efficiency and profitability levels have been somewhat inconsistent in recent quarters.
Peer comparison
Sep 30, 2024
See also:
Johnson Controls International PLC Operating Profit Margin (Quarterly Data)