Johnson Controls International plc's Stock Analysis

Johnson Controls Announces Leadership Transition in Americas Business

On September 19, 2025, Johnson Controls International plc announced that Nathan Manning, the Vice President and President of its Americas business segment, will be leaving the company to pursue other opportunities. Todd Grabowski, currently the President of Global Data Centers & Applied Equipment, will take over Manning's role starting October 1, 2025. Manning will remain with the company in a special advisor capacity until December 31, 2025.

Manning's departure will trigger severance benefits in accordance with the company's Severance and Change in Control Policy for Officers. This transition in leadership could have implications for the company's operational strategy in the Americas, which may be of interest to investors monitoring the company's performance and management changes.

Sep 24, 2025 06:58:11

Johnson Controls Announces $5 Billion Share Repurchase Program

On August 7, 2025, Johnson Controls International plc initiated accelerated share repurchase transactions totaling $5 billion to buy back its ordinary shares. The company will pay this amount to its financial counterparties on August 11, 2025, in exchange for an initial delivery of approximately 43.1 million shares. The final number of shares repurchased will depend on the volume-weighted average price of the shares during the transaction period, subject to customary adjustments.

The funding for this share repurchase is sourced from the net proceeds of Johnson Controls' recent sale of its residential and light commercial HVAC business to Robert Bosch GmbH. The company has an overall remaining repurchase authorization of $9.8 billion prior to these transactions, and the ASR Transactions are expected to conclude in the second quarter of the 2026 fiscal year.

Aug 08, 2025 06:39:38

Johnson Controls Completes $8.1 Billion HVAC Business Sale

Johnson Controls International plc has finalized the sale of its Residential and Light Commercial HVAC business to Robert Bosch GmbH for a total transaction value of $8.1 billion, with Johnson Controls receiving approximately $6.7 billion. The net cash proceeds after tax and transaction-related expenses are around $5.0 billion. This transaction includes the North America ducted business and a global residential joint venture with Hitachi, Ltd., while certain ductless HVAC assets remain with Hitachi in Japan.

Following the sale, Johnson Controls plans to implement a $5.0 billion accelerated share repurchase program, consistent with its capital allocation policy. The company aims to enhance its position as a pure-play provider of innovative building solutions, focusing on technology and service-oriented growth. The transaction is viewed as a significant step in the company's transformation strategy, which is expected to deliver greater value for shareholders.

Aug 01, 2025 06:49:31

Johnson Controls Reports Q3 Earnings and Raises FY25 Guidance

Johnson Controls International plc reported third quarter earnings with a GAAP earnings per share of $0.94 and an adjusted EPS of $1.05. Sales for the quarter reached $6.1 billion, reflecting a 3% increase compared to the previous year, with organic sales growth of 6%. The company reported a GAAP income from continuing operations of $618 million and an adjusted income of $693 million. Additionally, the systems and services backlog rose to $14.6 billion, marking an 11% organic increase year-over-year.

For fiscal year 2025, Johnson Controls has raised its guidance, anticipating organic sales growth in the mid-single digits and an adjusted EPS of $3.65 to $3.68. The company has initiated guidance for the fourth quarter, projecting low single-digit organic sales growth and an adjusted segment EBITA margin of approximately 18.6%. During the third quarter, the company generated $787 million in cash from operating activities and paid $243 million in dividends while repurchasing 3.8 million shares for $310 million.

Jul 29, 2025 06:58:07

Company Reports Unaudited Financial Results for Q1 2025

The company has released its unaudited financial results for the first quarter of 2025, reporting total net sales of $5.676 billion. The Americas segment generated $3.837 billion in sales with an EBITA of $707 million, while EMEA and APAC segments reported sales of $1.201 billion and $638 million, with EBITA of $135 million and $104 million respectively. Adjusted Segment EBITA for the Americas was reported at $709 million, reflecting adjustments for transformation costs.

In the financial report, the company highlighted the use of adjusted segment EBITA, a non-GAAP measure, which excludes certain costs to provide a clearer picture of ongoing operations. The transformation costs, linked to strategic growth initiatives, were excluded from the adjusted figures. Management believes that presenting these adjustments can help investors understand business trends and operational performance more effectively.

May 12, 2025 08:33:45

Johnson Controls Increases Guidance After Q2 Sales Growth

Johnson Controls International plc reported a 1% increase in sales for the second quarter of fiscal 2025, reaching $5.7 billion, with organic sales growing by 7%. The company also reported GAAP earnings per share of $0.71 and adjusted EPS of $0.82. The backlog for Building Solutions increased by 12% year-over-year to $14.0 billion, indicating sustained demand for its offerings. The company generated $550 million in cash from operating activities and paid $245 million in dividends during the quarter.

In response to its performance, Johnson Controls has raised its fiscal 2025 guidance, maintaining an expected organic sales growth of mid-single digits. The adjusted EPS forecast has been increased to approximately $3.60, up from the previous estimate of $3.50 to $3.60. Additionally, the company anticipates an adjusted segment EBITA margin improvement of around 90 basis points year-over-year, compared to the earlier guidance of over 80 basis points. This adjustment reflects the company's confidence in its operational strategies and market position.

May 07, 2025 06:59:07

Company Reports Financial Results for Fiscal Year 2025

The company has released its unaudited financial results for Fiscal Year 2025, showing total net sales of $22.95 billion, an increase from $22.33 billion in Fiscal Year 2024. The Americas segment generated $15.61 billion in sales, while EMEA and APAC contributed $4.62 billion and $2.73 billion, respectively. Segment EBITA for the Americas was reported at $2.68 billion, with EMEA at $561 million and APAC at $478 million, indicating varying performance across regions.

Adjusted Segment EBITA figures were also provided, with the Americas at $2.64 billion, EMEA at $582 million, and APAC at $481 million. The report includes adjustments for certain unusual costs, such as product quality issues and a warehouse fire loss, which management believes are relevant for understanding the company's operating results. The adjustments are intended to provide clarity on ongoing operational performance and trends.

May 05, 2025 08:34:37

Company Appoints New CEO Mr. Weidemanis Effective February 2025

The Company announced the appointment of Mr. Weidemanis as the new Chief Executive Officer, signaling a leadership change that could impact the company's future direction. This move is part of the Company’s ongoing efforts to enhance its management team and strategic initiatives.

However, the announcement contained no specific details regarding Mr. Weidemanis's prior experience or the reasons behind the leadership transition. Additionally, the press release included disclaimers regarding the information's filing status under the Securities Exchange Act, which may raise questions about the transparency of the announcement.

Feb 05, 2025 17:00:31

Johnson Controls Q1 Sales Up 4%, EPS at $0.55

Johnson Controls reported a 4% increase in sales for Q1, reaching $5.4 billion, with a notable 10% rise in organic sales. The company's earnings per share (EPS) stood at $0.55, while adjusted EPS was $0.64. The report highlighted a significant growth in orders, which surged by 16% year-over-year, and an increase in the Building Solutions backlog to $13.2 billion, up 11% organically. The company also initiated fiscal Q2 guidance and raised its full-year fiscal 2025 outlook.

On the downside, the Global Products segment experienced an 8% decline in sales compared to the previous year, although organic sales in this segment grew by 15%. The corporate expenses also rose by 23%, reaching $171 million. Despite these challenges, the overall performance in other segments, particularly in Building Solutions North America, EMEA/LA, and Asia Pacific, showed positive trends, contributing to the company's overall growth.

Feb 05, 2025 07:42:48

Johnson Controls Reports $7.4 Billion Q4 Sales Increase

Johnson Controls reported a 7% increase in sales for Q4, reaching $7.4 billion, with organic sales up 10%. The company's GAAP earnings per share for the quarter were $0.95, while adjusted EPS was $1.28. Additionally, the backlog for Building Solutions rose to $13.1 billion, a 7% organic increase year-over-year, indicating a positive trend in order growth and overall financial performance.

Conversely, the company faced challenges in its Asia Pacific segment, where sales declined by 5%, attributed to weaknesses in the Systems business in China. Furthermore, corporate expenses rose significantly by 126% to $158 million, reflecting ongoing restructuring efforts. The announcement of a multi-year restructuring plan, which includes anticipated costs of around $400 million, also points to potential financial strain as the company aims to streamline operations.

Nov 06, 2024 06:56:56