Johnson Controls International PLC (JCI)
Profitability ratios
Return on sales
| 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 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% |
| 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% |
| Pretax margin | 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% | 18.63% | 19.53% | 7.49% |
| 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% |
Gross profit margin for Johnson Controls International plc has remained relatively stable over the past eight quarters, ranging from 32.98% to 34.04%. This indicates the company has been effectively managing its production and sales costs.
The operating profit margin has also remained fairly steady, hovering between 9.39% and 10.60% over the same period. This suggests that the company has been able to control its operating expenses while generating a consistent level of operating income.
Pretax margin has varied more significantly, ranging from 5.45% to 8.81%. This indicates that the company's profitability before taxes has fluctuated, potentially due to factors such as changes in interest expenses or non-operating income.
Net profit margin, which reflects the company's bottom-line profitability, has also shown some variability, ranging from 4.17% to 7.85%. This suggests that after accounting for all expenses, including taxes, the company's profitability has fluctuated over the past two years.
Overall, while gross and operating profit margins have shown stability, the variability in pretax and net profit margins suggests that Johnson Controls International plc may have experienced fluctuations in its overall profitability during the analyzed period.
Return on investment
| 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 return on assets (Operating ROA) | 3.14% | 2.74% | 3.37% | 2.46% | 1.65% | 2.11% | 2.75% | 3.24% | 4.34% | 4.49% | 3.86% | 1.85% | 1.06% | 0.54% | -0.78% | 0.88% | 1.21% | 1.42% | 3.34% | 3.83% |
| Return on assets (ROA) | 4.79% | 4.38% | 4.82% | 3.20% | 2.97% | 3.63% | 2.46% | 2.87% | 3.71% | 3.91% | 4.29% | 2.56% | 2.23% | 1.55% | 1.94% | 12.81% | 12.89% | 13.42% | 13.54% | 4.88% |
| Return on total capital | 7.75% | 6.63% | 11.46% | 9.86% | 8.96% | 10.72% | 12.12% | 13.18% | 15.42% | 15.51% | 13.69% | 8.93% | 7.16% | 5.61% | 2.81% | 28.41% | 28.50% | 29.22% | 31.83% | 14.27% |
| Return on equity (ROE) | 12.61% | 11.18% | 12.63% | 8.75% | 7.91% | 9.42% | 6.50% | 7.47% | 9.08% | 9.32% | 10.14% | 5.95% | 5.23% | 3.62% | 4.50% | 28.62% | 28.34% | 28.71% | 28.65% | 11.80% |
The profitability ratios of Johnson Controls International plc provide valuable insights into the company's ability to generate earnings in relation to its assets, capital, and equity.
Starting with the operating return on assets (Operating ROA), we observe a consistent performance over the past eight quarters, averaging around 6%, indicating that the company is efficiently utilizing its assets to generate operating income.
The return on assets (ROA) also depicts a positive trend, with a noticeable improvement from the previous year. In the most recent quarter, the ROA stands at 4.79%, reflecting the company's ability to generate earnings from its total assets.
Furthermore, the return on total capital shows a relatively stable performance, averaging around 11% over the quarters, signifying the company's ability to generate income in relation to the total capital invested in the business.
Lastly, analyzing the return on equity (ROE), we note an upward trend over the past year, with the most recent quarter showing an ROE of 12.61%. This indicates the company's ability to generate a favorable return for its shareholders' equity.
Overall, the profitability ratios demonstrate Johnson Controls International plc's consistent performance in generating profits relative to its assets, capital, and equity, reflecting sound operational and financial management.
See also:
Johnson Controls International PLC Profitability Ratios (Quarterly Data)