The global smart home market is expected to grow from $95.83 billion in 2026 to $139.24 billion by 2032, driven by increasing demand for integrated home automation, IoT-enabled devices, and AI-enabled platforms. The entertainment and other controls segment leads the market, while retrofit installations are growing faster than new installations. Asia Pacific is projected to register the fastest growth at 9.0% CAGR.
Johnson Controls International plc (JCI)
Following Johnson Controls' divestiture of its residential and light commercial HVAC businesses to Bosch in 2025, nearly all of its revenue comes from commercial HVAC (60%) and fire and security products and services (40%). A 2016 merger joined Johnson Controls' HVAC and Tyco's fire and security businesses with the premise that there is synergy in offering a broader variety of automation products and solutions to commercial buildings. We estimate Johnson Controls' pro forma revenue mix will be one-third products, one-third installation, and one-third services.
Company Info
Highlights
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Johnson Controls International plc, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Johnson Controls International plc (JCI) has returned 10.39% so far this year and 89.69% over the past 12 months. Looking at the last ten years, JCI has achieved an annualized return of 12.99%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
JCI
Benchmark (SPY)
Monthly Returns
The table below presents the monthly returns of Johnson Controls International plc (JCI) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.00% | 21.26% | -9.19% | -0.04% | ||||||||
| 2025 | -2.11% | 12.06% | -7.10% | 5.24% | 19.75% | 4.68% | -0.21% | 2.51% | 4.65% | 4.83% | 1.59% | 3.76% |
| 2024 | -8.17% | 11.28% | 10.39% | -0.46% | 15.85% | -7.95% | 7.13% | 1.48% | 6.68% | -3.17% | 10.41% | -6.21% |
| 2023 | 7.20% | -5.33% | -3.54% | -0.30% | -0.23% | 15.37% | 2.41% | -14.75% | -10.53% | -7.40% | 6.84% | 8.82% |
| 2022 | -10.48% | -11.24% | 0.94% | -9.62% | -9.50% | -12.60% | 12.59% | 1.44% | -9.02% | 15.87% | 13.32% | -5.17% |
| 2021 | 6.89% | 11.05% | 5.87% | 3.99% | 5.67% | 0.44% | 3.48% | 4.32% | -8.96% | 7.36% | 1.99% | 6.44% |
| 2020 | -3.57% | -7.60% | -26.76% | 12.87% | 9.56% | 8.55% | 12.38% | 5.57% | 0.81% | 2.35% | 7.22% | -0.36% |
| 2019 | 15.26% | 4.60% | 4.23% | 0.70% | -1.31% | 4.82% | 1.82% | 1.23% | 3.47% | -1.77% | -1.95% | -4.86% |
| 2018 | 2.11% | -4.95% | -4.42% | -3.39% | -2.98% | -0.95% | 13.15% | 2.22% | -7.28% | -9.38% | 7.95% | -15.29% |
| 2017 | 5.64% | -2.92% | -0.31% | -1.38% | -0.02% | 3.31% | -10.69% | 1.25% | 1.56% | 2.40% | -9.87% | 1.01% |
| 2016 | 7.48% | 6.26% | 0.87% | 3.75% | -4.30% | 5.85% | -12.95% | 10.22% | -8.67% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Johnson Controls International plc (JCI) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of JCI compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Johnson Controls International plc volatility is 2.21%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 37.94B | 42.70B | 42.24B | 42.16B | 41.89B | 40.82B | 42.29B | 48.80B | 51.88B | 63.25B | 29.67B | 32.80B | 31.52B | 30.88B | 29.68B | 25.74B | 24.09B |
| Temporary Equity (USD) | - | - | - | - | - | - | - | - | 211.00M | 234.00M | 212.00M | 194.00M | - | - | - | - | - |
| Equity Attributable To Parent (USD) | 12.93B | 16.10B | 16.55B | 16.27B | 17.56B | 17.45B | 19.77B | 21.16B | 20.45B | 24.12B | 10.38B | 11.31B | 12.31B | 11.56B | 11.04B | 10.07B | 9.14B |
| Equity Attributable To Noncontrolling Interest (USD) | 27.00M | 1.26B | 1.15B | 1.13B | 1.19B | 1.09B | 1.06B | 1.29B | 920.00M | 972.00M | 163.00M | 251.00M | 260.00M | 148.00M | 138.00M | 106.00M | 201.00M |
| Equity (USD) | 12.95B | 17.36B | 17.69B | 17.40B | 18.75B | 18.53B | 20.83B | 22.46B | 21.37B | 25.09B | 10.54B | 11.56B | 12.57B | 11.70B | 11.18B | 10.18B | 9.34B |
| Other Non-current Liabilities (USD) | 4.85B | 4.81B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt (USD) | 9.20B | 8.57B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 14.04B | 13.38B | 13.46B | 13.52B | 14.04B | 14.03B | 12.39B | 15.09B | 18.45B | 21.64B | 8.43B | 9.35B | 6.67B | 8.07B | 7.45B | 5.46B | 6.03B |
| Other Current Liabilities (USD) | 6.06B | 7.52B | 5.86B | 6.02B | 4.34B | 4.29B | 4.54B | 5.46B | 6.51B | 7.77B | 4.23B | 5.30B | 4.58B | 3.65B | 3.31B | 3.36B | 3.41B |
| Wages (USD) | 1.27B | 1.05B | 958.00M | 978.00M | 1.01B | 838.00M | 953.00M | 1.15B | 1.07B | 1.76B | 1.09B | 1.12B | 1.22B | 1.09B | 1.32B | 1.12B | 872.00M |
| Accounts Payable (USD) | 3.61B | 3.39B | 4.27B | 4.24B | 3.75B | 3.12B | 3.58B | 4.64B | 4.27B | 6.76B | 5.17B | 5.27B | 6.32B | 6.11B | 6.16B | 5.43B | 4.43B |
| Current Liabilities (USD) | 10.94B | 11.96B | 11.08B | 11.24B | 9.10B | 8.25B | 9.07B | 11.25B | 11.85B | 16.29B | 10.50B | 11.69B | 12.12B | 10.86B | 10.78B | 9.91B | 8.72B |
| Liabilities (USD) | 24.99B | 25.33B | 24.55B | 24.76B | 23.14B | 22.28B | 21.46B | 26.34B | 30.31B | 37.93B | 18.92B | 21.05B | 18.94B | 19.18B | 18.50B | 15.57B | 14.75B |
| Other Non-current Assets (USD) | 21.97B | 24.98B | 23.48B | 22.79B | 23.12B | 22.35B | 20.91B | 24.46B | 26.73B | 30.62B | 11.19B | 11.74B | 10.24B | 10.82B | 11.10B | 10.25B | 9.53B |
| Intangible Assets (USD) | 3.61B | 4.13B | 4.89B | 4.64B | 5.55B | 5.36B | 5.63B | 6.35B | 6.74B | 7.65B | 1.52B | 1.64B | 999.00M | 947.00M | 945.00M | 741.00M | 746.00M |
| Fixed Assets (USD) | 2.19B | 2.40B | 3.14B | 3.04B | 3.23B | 3.06B | 3.35B | 6.17B | 6.12B | 7.87B | 5.87B | 6.31B | 6.59B | 6.44B | 5.62B | 4.10B | 3.99B |
| Noncurrent Assets (USD) | 27.78B | 31.52B | 31.51B | 30.47B | 31.89B | 30.76B | 29.89B | 36.97B | 39.59B | 46.14B | 18.58B | 19.70B | 17.82B | 18.21B | 17.66B | 15.09B | 14.26B |
| Other Current Assets (USD) | 8.34B | 9.41B | 7.96B | 9.18B | 7.94B | 8.28B | 10.58B | 8.60B | 9.08B | 13.55B | 8.72B | 10.63B | 11.37B | 10.45B | 9.70B | 8.87B | 8.31B |
| Inventory (USD) | 1.82B | 1.77B | 2.78B | 2.51B | 2.06B | 1.77B | 1.81B | 3.22B | 3.21B | 3.56B | 2.38B | 2.48B | 2.33B | 2.23B | 2.32B | 1.79B | 1.52B |
| Current Assets (USD) | 10.16B | 11.18B | 10.74B | 11.69B | 10.00B | 10.05B | 12.39B | 11.82B | 12.29B | 17.11B | 11.09B | 13.11B | 13.70B | 12.67B | 12.02B | 10.65B | 9.83B |
| Assets (USD) | 37.94B | 42.70B | 42.24B | 42.16B | 41.89B | 40.82B | 42.29B | 48.80B | 51.88B | 63.25B | 29.67B | 32.80B | 31.52B | 30.88B | 29.68B | 25.74B | 24.09B |
News and Insights

Johnson Controls International plc (NYSE: JCI) announced a regular quarterly dividend of $0.40 per share, payable on April 10, 2026, to shareholders of record as of March 16, 2026. The company has maintained consecutive dividend payments since 1887.
The global Heat Pump Water Heater Market is expected to grow from USD 5.2 billion in 2023 to USD 10.2 billion by 2028, at a CAGR of 14.4%. Growth is driven by government policies promoting energy efficiency, renewable energy integration, IoT technology adoption, and increasing consumer incentives. Air-to-air systems and residential applications are expected to lead market expansion.
The global commercial HVAC market is projected to grow from US$ 62.79 billion in 2024 to US$ 120.59 billion by 2033 at a CAGR of 7.52%. Growth is driven by energy efficiency regulations, technological advancements (heat pumps, VRF systems, data center cooling), the rise of Heating and Cooling as a Service (HaaS) business models, and circular economy practices. North America leads with 34.30% market share, while cooling equipment dominates with 54% of the market.

Industrial stocks are poised to extend their 2025 strength into 2026 due to sustained capital expenditure spending driven by infrastructure investments, energy transitions, and long-term government contracts. Three key companies highlighted are Emerson Electric (dividend growth story), Fluor Corp (energy and infrastructure focus), and Johnson Controls International (building modernization and AI cooling solutions).

Ten large-cap stocks experienced significant declines during the week of January 5-9, 2026. Notable losers include Madrigal Pharmaceuticals (down 11.57%), First Solar (down 14.46% following a Jefferies downgrade), Astera Labs (down 12.18%), and Roblox (down 9.99%). Other major decliners include CoStar Group, American International Group, NRG Energy, Las Vegas Sands, Johnson Controls International, and HDFC Bank. The declines were driven by analyst downgrades, leadership transitions, and executive changes.
The global energy management systems market is projected to grow from $57.53 billion in 2024 to $229.35 billion by 2034, with a CAGR of 14.8%. Key growth drivers include rising energy costs, smart grid deployments, and renewable energy transitions. Asia-Pacific and Western Europe are expected to be the fastest-growing regions. Software components and telecom/IT segments are anticipated to lead growth, while industrial energy management systems remain the largest segment.

Johnson Controls stock fell up to 10% after Nvidia CEO Jensen Huang announced that the company's next-generation Vera Rubin AI infrastructure will use warm-water cooling instead of traditional air cooling. This shift threatens demand for Johnson Controls' and Trane's data center cooling solutions, which represent a mid-teens percentage of their revenue but serve as a key growth engine.

APi Group Corporation announced the acquisition of CertaSite, a Midwest fire and life safety provider, to strengthen its inspection and service-based revenue model. The deal is expected to close in Q1 2026 and generate approximately $90 million in 2025 revenue.
The Space Utilization Sensors Market is projected to grow from USD 2.10 Billion in 2025 to USD 5.63 Billion by 2033, with a CAGR of 13.13%. The market is driven by smart building solutions, sustainability efforts, and increasing demand for energy-efficient technologies across commercial, industrial, and residential sectors.