Johnson Controls (JCI) FY2025 10-K Annual Report
Johnson Controls (JCI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Nov 14, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
Johnson Controls FY2025 10-K Analysis
Business Overview
- • Core business: Global leader in smart, healthy, sustainable building technologies with HVAC, controls, fire, security, and digital services
- • Divestiture of Residential & Light Commercial HVAC business to Bosch completed July 31, 2025
- • Organizational realignment from four to three regional segments: Americas, EMEA, APAC, reflecting portfolio simplification
- • Backlog $16.6B, up 13% YoY; orders $20.7B, up 7% YoY, signaling strong demand across all regions
- • OpenBlue digital platform advances AI-powered smart building solutions, emphasizing data-driven service offerings
Management Discussion & Analysis
- • Total net sales $23,596M, up 3% YoY from $22,952M in 2024; Americas grew 1% to $15,831M, EMEA 8% to $4,968M, APAC 3% to $2,797M
- • Segment EBITA margin: Americas 18.2% in 2025 vs 17.2% in 2024; EMEA 13.1% vs 12.1%; APAC 17.0% flat YoY; Americas best performer, APAC flat
- • Restructuring/impairment costs increased to $546M from $510M; net financing charges decreased to $319M from $342M
- • Operating cash flow $2,554M, up from $1,568M; financing cash outflow $6,784M vs $1,948M due to $5B accelerated share repurchases; capex part of $412M investing cash outflow
- • Management returned $5B to shareholders via share repurchases; declared $1.51 dividend per share; expects continued dividend payments and cautious capital allocation in 2026
Risk Factors
- • Cybersecurity risk governance overseen by Board's Governance and Sustainability Committee with quarterly reviews, led by CISO authority to pause business processes during incidents
- • Potential operational interruption from cybersecurity incidents given CISO can halt operations during incident response
- • CISO with 20+ years experience in regulated sectors (healthcare, aviation, defense) manages enterprise-wide security strategy indicating focus on compliance and risk mitigation
Johnson Controls FY2025 Key Financial MetricsXBRL
Revenue
$23.6B
▲ +2.8% YoY
Net Income
$3.3B
▲ +93.0% YoY
Gross Margin
36.4%
▲ +122bp YoY
Net Margin
13.9%
▲ +652bp YoY
ROE
25.5%
▲ +1487bp YoY
Total Assets
$37.9B
▼ -11.1% YoY
EPS (Diluted)
$5.03
▲ +99.6% YoY
Operating Cash Flow
$2.6B
▲ +62.9% YoY
Source: XBRL data from Johnson Controls FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Johnson Controls
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.