Johnson Controls International PLC (JCI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 601,000 | 1,440,000 | 1,857,000 |
| 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 |
| Operating profit margin | 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% | 2.06% | 4.60% | 5.64% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,381,000K ÷ $26,831,000K
= 5.15%
The operating profit margin, which measures the proportion of revenue remaining after accounting for operating expenses, has exhibited some fluctuations over the past eight quarters for Johnson Controls International plc. The margin stood at 10.25% at the end of December 2023 and has shown a moderate decline from the 10.94% reported at the end of March 2022. Despite some variability, the operating profit margin has generally remained within the range of 9.39% to 10.94% over the last two years, reflecting the company's ability to effectively manage its operating costs and generate profits from its core business activities. It's important for stakeholders to continue monitoring this metric to assess the company's operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2023
See also:
Johnson Controls International PLC Operating Profit Margin (Quarterly Data)