Johnson Controls International PLC (JCI)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,705,000 | 1,621,000 | 1,695,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 16,098,000 | 15,968,000 | 15,658,000 | 16,698,000 | 16,545,000 | 16,324,000 | 15,890,000 | 16,046,000 | 16,268,000 | 15,988,000 | 16,536,000 | 17,249,000 | 17,562,000 | 17,840,000 | 17,698,000 | 17,656,000 | 17,447,000 | 17,805,000 | 18,084,000 | 19,329,000 |
| ROE | 10.59% | 10.15% | 10.83% | 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% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,705,000K ÷ $16,098,000K
= 10.59%
Over the past five years, Johnson Controls International PLC's return on equity (ROE) has shown fluctuating performance. The ROE has ranged from a low of 3.62% in December 2019 to a high of 28.62% in March 2020, reflecting significant variability in the company's profitability relative to its shareholders' equity.
In recent quarters, the ROE has been relatively stable, hovering around the 10% mark. This indicates that, on average, the company generated a return of approximately 10% on each unit of equity held by its shareholders.
The upward trend in ROE from December 2019 to March 2020 suggests an improvement in the company's efficiency in generating profit from shareholder investments. However, the subsequent decline from March 2020 to March 2021 may indicate challenges or changes in the company's operations or financial structure.
Overall, Johnson Controls International PLC's ROE performance should be further assessed in conjunction with other financial metrics and factors affecting the company's operations to gain a comprehensive understanding of its financial health and performance.
Peer comparison
Sep 30, 2024
See also:
Johnson Controls International PLC Return on Equity (ROE) (Quarterly Data)