Short answer
Johnson Controls (JCI) filed its fiscal 2025 10-K annual report with the SEC on Nov 14, 2025. It reported revenue of $23.6B (+2.8% year over year) and net income of $3.3B.
- Top risk flagged: Cybersecurity risk governance overseen by Board's Governance and Sustainability Committee with quarterly reviews, led by CISO authority to pause business processes during incidents
FY2025 key financial metrics · XBRL
- Revenue
- $23.6B
- +2.8% YoY
- Net income
- $3.3B
- +93.0% YoY
- Gross margin
- 36.4%
- +1.2 pp YoY
- EPS (diluted)
- $5.03
- +99.6% YoY
- ROE
- 25.5%
- +14.9 pp YoY
- Operating cash flow
- $2.6B
- +62.9% YoY
Source: XBRL data from the Johnson Controls (JCI) FY2025 10-K on SEC EDGAR. USD.
Johnson Controls FY2025 10-K analysis
AI summary of each section, grounded in the filing text
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
Generated from the filing text; verify against the original. How to read a 10-K
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