Johnson Controls International PLC (JCI)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,816,000 | 1,663,000 | 1,181,000 | 1,767,000 | 1,526,000 | 1,592,000 | 1,312,000 | 1,199,000 | 1,519,000 | 1,720,000 | 1,962,000 | 2,445,000 | 2,505,000 | 2,218,000 | 1,353,000 | 1,027,000 | 739,000 | 252,000 | 4,866,000 | 5,202,000 |
| 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 |
| Pretax margin | 7.91% | 6.11% | 4.38% | 6.59% | 5.68% | 6.06% | 5.07% | 4.73% | 6.02% | 6.85% | 7.90% | 10.00% | 10.52% | 9.53% | 6.06% | 4.67% | 3.31% | 1.11% | 20.61% | 21.69% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,816,000K ÷ $22,946,000K
= 7.91%
The pretax margin of Johnson Controls International PLC has shown fluctuation over the past few quarters. The ratio stood at 7.91% in September 2024, down from the previous quarter but higher compared to the same period a year ago. The pretax margin has ranged from a low of 1.11% in December 2019 to a high of 21.69% in June 2020, indicating significant variability in profitability over time. It is important to further investigate the factors driving these fluctuations to gain a deeper understanding of the company's operating performance and efficiency in generating profits before taxes.
Peer comparison
Sep 30, 2024
Company name
Symbol
Pretax margin
Johnson Controls International PLC
JCI
7.91%
NV5 Global Inc
NVEE
3.83%