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Johnson Controls International plc - JCI STOCK NEWS

Welcome to our dedicated page for Johnson Controls International plc news (Ticker: JCI), a resource for investors and traders seeking the latest updates and insights on Johnson Controls International plc stock.

Johnson Controls International plc (NYSE: JCI) is a global leader in diversified technology and multi-industrial sectors, serving a wide range of customers in more than 150 countries. With a dedicated workforce of 120,000 employees, the company creates intelligent buildings, efficient energy solutions, integrated infrastructure, and next-generation transportation systems. These elements work together seamlessly to deliver the promise of smart cities and communities.

Founded in 1885 with the invention of the first electric room thermostat, Johnson Controls has a long-standing commitment to sustainability. The company's core business includes the manufacturing, installation, and servicing of HVAC systems, building management systems and controls, industrial refrigeration units, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represent roughly 40%, and residential HVAC, industrial refrigeration, and other solutions make up the remaining 15% of revenue. In fiscal 2023, Johnson Controls reported nearly $27 billion in revenue.

Johnson Controls' recent achievements highlight its ongoing commitment to innovation and customer satisfaction. The company reported fiscal first-quarter 2024 GAAP earnings per share ("EPS") of $0.55 and adjusted EPS of $0.51, with sales of $6.1 billion. Despite a slight decline in organic sales, the company generated a GAAP net income of $374 million. The appointment of Marc Vandiepenbeeck as CFO and the company's robust backlog indicate strong future performance and strategic focus.

The company is also involved in several current projects and partnerships aimed at driving growth and delivering value to stakeholders. For instance, Johnson Controls recently integrated FM:Systems, enhancing its workplace management solutions portfolio. This acquisition aims to provide customers with data-backed clarity to make strategic real estate decisions and deliver high-performance workplaces.

Financially, Johnson Controls continues to show resilience and adaptability. The company initiated fiscal 2024 second-quarter guidance and maintains a positive outlook for the full year. Johnson Controls also announced a tender offer to purchase debt securities, demonstrating its proactive financial management strategies.

Latest News Highlights:

  • RALEIGH, N.C., Jan. 23, 2024 – FM:Systems released results of its 2023 Inside the Workplace survey, revealing six new workplace trends and priorities for 2024 and beyond.
  • CORK, Ireland, Jan. 30, 2024 – Johnson Controls reported fiscal first-quarter 2024 results, with GAAP EPS of $0.55 and adjusted EPS of $0.51, and sales of $6.1 billion.
  • CORK, Ireland, May 1, 2024 – Johnson Controls reported fiscal second-quarter 2024 results, with GAAP EPS of $(0.41) and adjusted EPS of $0.78, and sales of $6.7 billion.
  • CORK, Ireland, May 20, 2024 – Johnson Controls announced tender offers to purchase cash debt securities, increasing the aggregate tender cap to $119,000,000.
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Johnson Controls International plc (NYSE: JCI) will present at Citi's 2021 Global Industrials Virtual Conference on February 17, 2021, at 1:00 p.m. EST. The presentation will feature Chairman and CEO George Oliver and CFO Olivier Leonetti. Investors can access a live webcast on the company's website here. This event marks a key opportunity for stakeholders to gain insights into Johnson Controls' strategies and performance.

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Johnson Controls International plc (NYSE: JCI) executives will present at the Barclays Industrial Select Conference on February 17, 2021, at 8:10 a.m. EST. Chairman and CEO George Oliver and CFO Olivier Leonetti will lead the discussion. A live webcast of the presentation can be accessed on the company's official website.

For further information, investor contacts include Antonella Franzen at 609.720.4665, while media inquiries can be directed to Chaz Bickers at 224.505.9290.

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Johnson Controls International plc (NYSE: JCI) announced fiscal Q1 2021 results, reporting GAAP EPS of $0.45 and adjusted EPS of $0.43, an 8% increase year-over-year. Sales totaled $5.3 billion, down 4% due to the COVID-19 impact. Net income from continuing operations was $327 million, while adjusted net income rose 2% to $311 million. EBIT was $492 million, with an 9.2% margin. The company expects organic revenue growth and margin expansion in Q2 2021 and reiterated its commitment to sustainability initiatives.

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On January 28, 2021, Johnson Controls (NYSE: JCI) revealed survey results from over 800 building decision-makers indicating a significant shift towards investing in healthy building technologies. The surveys highlighted that 90% of firms are allocating resources to these initiatives, prompted by a growing concern for employee wellness and sustainability. Key findings include 80% of organizations prioritizing the health and safety of occupants and 76% focusing on energy efficiency investments. Johnson Controls aims to meet these demands through its OpenBlue technologies, enhancing operational value and sustainability goals.

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Johnson Controls (NYSE: JCI) announced on January 19, 2021, that its CEO George Oliver has been appointed chair of the Energy & Environment Committee by the Business Roundtable. This committee aims to promote sustainable policies as the U.S. focuses on clean energy in the upcoming administration. Oliver emphasized the importance of collective business action in combating climate change and driving innovation. Johnson Controls, with 100,000 employees, is committed to sustainable practices, receiving an A- rating from CDP for its emissions efforts. The company also launched its inaugural green bond and supports U.N. sustainability principles.

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Johnson Controls (NYSE: JCI) has been recognized as the "IoT Partner Ecosystem of the Year" at the 2021 IoT Breakthrough Awards, marking its third consecutive year of accolades. The company was honored for its OpenBlue digital platform and the establishment of its nine OpenBlue Innovation Centers worldwide, aimed at promoting sustainable building technologies. They have partnered with major organizations, including a recent collaboration with Microsoft to enhance building management through digital transformation.

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Johnson Controls International plc (NYSE: JCI) announced its First Quarter Fiscal 2021 Earnings Conference Call scheduled for January 29, 2021, at 7:30 a.m. EST. Investors can access the call via live webcast or telephone, with a slide presentation available for download. A replay will be accessible post-event until February 6, 2021. Johnson Controls focuses on optimizing building performance across various sectors, employing approximately 100,000 experts globally.

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Johnson Controls (NYSE: JCI) reported findings from surveys of over 800 building decision-makers revealing a significant shift toward investing in healthy building technologies. With 90% of firms allocating resources to these initiatives, key focus areas include employee health, energy efficiency, and sustainability. The surveys indicate that 80% of executives prioritize protecting occupant safety post-COVID. Additionally, 76% emphasize energy cost savings as vital, with 57% planning to achieve net-zero carbon in at least one facility within a decade. Johnson Controls has implemented over 3,000 energy-saving projects, achieving significant reductions in carbon emissions and cost savings.

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FAQ

What is the current stock price of Johnson Controls International plc (JCI)?

The current stock price of Johnson Controls International plc (JCI) is $80.64 as of December 20, 2024.

What is the market cap of Johnson Controls International plc (JCI)?

The market cap of Johnson Controls International plc (JCI) is approximately 52.7B.

What does Johnson Controls International plc do?

Johnson Controls International plc manufactures, installs, and services HVAC systems, building management systems, industrial refrigeration units, and fire and security solutions. The company also focuses on creating intelligent buildings and efficient energy solutions.

How many countries does Johnson Controls operate in?

Johnson Controls operates in more than 150 countries worldwide.

What are the main revenue segments for Johnson Controls?

Commercial HVAC accounts for over 45% of sales, fire and security represent roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions make up the remaining 15% of revenue.

What recent achievements has Johnson Controls reported?

Johnson Controls reported fiscal first-quarter 2024 GAAP earnings per share of $0.55 and adjusted EPS of $0.51, with sales of $6.1 billion. The company also appointed Marc Vandiepenbeeck as CFO.

What are some current projects Johnson Controls is involved in?

Johnson Controls recently integrated FM:Systems to enhance its workplace management solutions portfolio. This acquisition aims to provide customers with data-backed clarity to make strategic real estate decisions.

How is Johnson Controls performing financially?

Johnson Controls continues to show resilience and adaptability, with a positive outlook for fiscal 2024. The company reported nearly $27 billion in revenue for fiscal 2023 and maintains strong financial management strategies.

What is Johnson Controls' commitment to sustainability?

Johnson Controls has a long-standing commitment to sustainability, dating back to its roots in 1885 with the invention of the first electric room thermostat. The company focuses on creating smart, healthy, and sustainable buildings.

How many employees does Johnson Controls have?

Johnson Controls has a workforce of 120,000 employees.

What is the latest news about Johnson Controls?

Recent news includes the release of the 2023 Inside the Workplace survey by FM:Systems, fiscal first and second-quarter 2024 financial results, and a tender offer to purchase cash debt securities.

Where can I find more information about Johnson Controls?

You can visit the official website at www.johnsoncontrols.com for more information.

Johnson Controls International plc

NYSE:JCI

JCI Rankings

JCI Stock Data

52.74B
659.69M
0.32%
91.85%
1.5%
Building Products & Equipment
Air-cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
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United States of America
CORK