Johnson Controls: revenue, profit and dividends

In fiscal 2025, Johnson Controls had revenue of $23.6B, up 9.1% a year on average since 2015, and net income of $3.29B (13.9% of revenue). Its dividend per share has gone up 5 years in a row, to $1.51.

Revenue, fiscal 2025

$23.6B+9.1% a year

average annual revenue growth since 2015 · +2.8% vs 2024

Net income, 2025

$3.29B

13.9% of revenue

Diluted EPS, 2025

$5.03

7.9% a year since 2015

Dividend per share, 2025

$1.51

raised 5 years in a row

Revenue growth, 5 years

1.1% a year

since 2020

Shares, 2025

654M

−1.1% since 2015

Free cash flow, 2025

$2.12B

$2.55B from operations − $434M capex

Ticker: JCI · NYSE
Sector: Industrials
Sub-industry: Building Products
Headquarters: Cork, Ireland
Founded: 1885
In the S&P 500 since: August 27, 2010
Latest fiscal year: 2025, ended September 30, 2025
SEC filer: Johnson Controls International plc · CIK 0000833444

Revenue and net income

Revenue went from $18.5B in 2007 to $23.6B in 2025. Net loss in 2007, 2009, 2016.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$3.52 in 2007 to $5.03 in 2025. Ten-year growth: 7.9% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 5 years in a row, every year from 2021 to 2025. Ten-year growth: 3.8% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

1.1% fewer shares in 2025 than in 2015 (662M → 654M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $2.12B in 2025, 9.0% of revenue. Negative in 2008, 2014–2015.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Dividend	Shares	Operating cash flow	Capex	Free cash flow
2025	$23.6B	$3.29B	13.9%	$5.03	$1.51	654M	$2.55B	$434M	$2.12B
2024	$23B	$1.71B	7.4%	$2.52	$1.48	676M	$1.57B	$494M	$1.07B
2023	$22.3B	$1.85B	8.3%	$2.69	$1.45	687M	$1.86B	$446M	$1.41B
2022	$20.6B	$1.53B	7.4%	$2.19	$1.39	700M	$1.24B	$487M	$750M
2021	$23.7B	$1.64B	6.9%	$2.27	$1.07	721M	$2.55B	$552M	$2.0B
2020	$22.3B	$631M	2.8%	$0.84	$1.04	754M	$2.48B	$443M	$2.04B
2019	$24B	$5.67B	23.7%	$6.49	$1.04	874M	—	—	—
2018	$23.4B	$2.16B	9.2%	$2.32	$1.04	932M	—	—	—
2017	$22.8B	$1.61B	7.1%	$1.71	$1.00	945M	—	—	—
2016	—	−$868M	—	−$1.29	$1.16	673M	—	—	—
2015	$9.9B	$1.56B	15.8%	$2.36	$1.04	662M	$542M	$1.14B	−$593M
2014	$10.3B	$1.22B	11.8%	$1.80	$0.88	675M	$829M	$1.2B	−$370M
2013	$10.1B	$536M	5.3%	$1.14	—	472M	$701M	$269M	$432M
2012	$9.89B	$472M	4.8%	$1.02	—	463M	$556M	$295M	$261M
2011	$10.6B	$1.72B	16.3%	$3.59	—	479M	$661M	$371M	$290M
2010	$11B	$1.13B	10.3%	$2.31	—	488M	$871M	$351M	$520M
2009	$16.9B	−$1.8B	−10.7%	−$3.80	—	473M	$2.39B	$702M	$1.69B
2008	$19.7B	$1.55B	7.9%	$3.19	—	488M	−$912M	$722M	−$1.63B
2007	$18.5B	−$1.74B	−9.4%	−$3.52	—	495M	$1.81B	$666M	$1.15B