Johnson Controls International PLC (JCI)
Return on total capital
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 550,000 | 833,000 | 1,744,000 | 2,724,000 | 979,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,098,000 | 16,545,000 | 16,268,000 | 17,562,000 | 17,447,000 |
| Return on total capital | 3.42% | 5.03% | 10.72% | 15.51% | 5.61% |
September 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $550,000K ÷ ($—K + $16,098,000K)
= 3.42%
Johnson Controls International PLC's return on total capital has shown fluctuations over the past five years. In 2024, the return on total capital decreased to 3.42% from 5.03% in 2023. This decline may indicate a decrease in the company's profitability or efficiency in utilizing its capital effectively. Comparing to the peak level of 15.51% in 2021, the return on total capital has significantly dropped, suggesting a potential decline in the company's overall performance in generating returns from its invested capital. Further analysis of the company's financial performance and operational efficiency is recommended to identify the underlying factors contributing to this trend.
Peer comparison
Sep 30, 2024