JCI
Johnson Controls International plc

Johnson Controls International plcJCI

Industrials · Building Products & Equipment
135.03USD
+2.72%
Nov 08, 2026
JCI overview ready
Provider of mission-critical data-center thermal and building systems
Johnson Controls is a diversified building-systems provider with a meaningful direct role in mission-critical data-center thermal infrastructure: chillers, air-handling and cooling systems, controls, modular data-center solutions, fire/security systems, and lifecycle service.
Theme not measured
HVAC & Cooling Equipment has no leadership state this session.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
Johnson Controls International plc carries a Expensive valuation stance that the scored components do not clearly support.
Unremarkable fundamentals
Primary risk
Exposure to cyclical capital spending in commercial and data-center markets.
Market Nov 6Filing Jun 30Price action Nov 7Research Oct 22

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction3.4BusinessPerformance7.0BusinessQuality6.9Valuation3.0ThemeMomentum—Improving — Revenue growth has accelerated across 4 consecutive quarters, rising from +3.1% to +9.3% year over year. Diluted EPS is up 15% year over year ($1.23), but growth has slowed from +39%. That earnings comparison is against a weak year-ago quarter. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
HVAC & Cooling Equipment — HVAC & Cooling Equipment is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Industrials & Infrastructure, reads Improving (+8.8pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$81.8B
Avg Volume (60D)
4.0M
60 sessions
Revenue Growth YoY
+2.8%
FY2025 vs FY2024
Gross Margin
+36.7%
Trailing twelve months
Operating Margin
+15.6%
Trailing twelve months
Free Cash Flow Yield
+3.9%
Distance from 200DMA
-4.4%
P/E
22.9x
EV / Sales
3.6x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Improving

Revenue growth has accelerated across 4 consecutive quarters, rising from +3.1% to +9.3% year over year. Diluted EPS is up 15% year over year ($1.23), but growth has slowed from +39%. That earnings comparison is against a weak year-ago quarter.

Latest reported: Q3 FY2026, ended Jun 30
Revenue growthAccelerating
+9.3%
$6.61B in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +3.1%
  2. +6.8%
  3. +8.2%
  4. +9.3%
Earnings growthSlowing
+15%
Diluted EPS $1.23 vs $1.07 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. +181%
  2. +35%
  3. +39%
  4. +15%
Gross marginStable
37.4%
+0.3 pp YoY
The comparison is against a weak year-ago quarter

Business Quality

6.9 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads expensive.
Johnson Controls International plc carries a Expensive valuation stance that the scored components do not clearly support. Treat it as unresolved.

Company Research

Thesis
Johnson Controls is a diversified building-systems provider with a meaningful direct role in mission-critical data-center thermal infrastructure: chillers, air-handling and cooling systems, controls, modular data-center solutions, fire/security systems, and lifecycle service.
Opportunity
Moderate opportunity
Hyperscaler and colocation capital spending on high-density AI data-center electrical and liquid-cooling infrastructure.
Key risk
Exposure to cyclical capital spending in commercial and data-center markets.

Economic classification

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Business & Markets

Industrials · Building Products & Equipment
What they do

Johnson Controls International plc designs, manufactures, installs, and services building products and systems globally, focusing on HVAC, controls, refrigeration, security, fire safety, and digital building solutions.

How it earns

The company generates revenue primarily through transactional sales of products and project-based services, along with ongoing service contracts.

Products & services
Heating, ventilating, and air conditioning (HVAC) systems
Building management and control systems
Refrigeration equipment
Integrated electronic security systems
Fire detection and suppression systems
Digital building solutions
Energy solutions and technical services
Customers & end markets
Commercial building owners and operators
Industrial facilities
Data centers
Government and institutional clients
Market position

Johnson Controls is a global leader in building products and systems with a diversified portfolio and strong presence in mission-critical data-center infrastructure.

Demand drivers
Medium cyclicality

Business is influenced by capital spending cycles in commercial construction and data-center expansion, which can fluctuate with economic conditions.

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