Johnson Controls International PLC (JCI)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 43,981,000 | 42,242,000 | 42,780,000 | 43,420,000 | 42,797,000 | 42,158,000 | 42,324,000 | 42,991,000 | 42,222,000 | 41,890,000 | 42,135,000 | 41,180,000 | 41,424,000 | 40,815,000 | 41,278,000 | 40,402,000 | 42,513,000 | 42,287,000 | 43,069,000 | 48,489,000 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,105,000K ÷ $43,981,000K
= 4.79%
Johnson Controls International plc's return on assets (ROA) has shown fluctuation over the past eight quarters. In the latest period ending December 31, 2023, the ROA stands at 4.79%, reflecting an increase from the previous quarter. This improvement indicates the company's ability to generate profits from its assets. However, it is important to note that the ROA has experienced variability, which may indicate shifts in the company's operational efficiency and profitability. The trend should be closely monitored to assess the company's overall performance in utilizing its assets to generate earnings.
Peer comparison
Dec 31, 2023
See also:
Johnson Controls International PLC Return on Assets (ROA) (Quarterly Data)