Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Johnson Controls International plcJCI · manufacturing
GradeSlothDfourth fifth of 255 graded peers; percentile 76.0, sampling error 3.0 points; lower is stronger
Rank194 of 255
ProfitabilityCpercentile 46.3
SolvencyEpercentile 93.5
Growth and financingBpercentile 32.8
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $37.9B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: distress
Inputs computable8 of 14
Graded fromfilings received through Nov 14, 2025329 days before the rescan; every figure keyed to the SEC receipt date
Last close$153.972026-10-08; market equity $93.9B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$150NovDecJanFebMarAprMayJunJulAugSepOctED$154.00
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Mar 21, 2012D/E81.2Q5
Nov 21, 2012E91.8Q5
Feb 21, 2016D/E82.0Q5
Oct 21, 2016D76.1Q5
Nov 21, 2016D/E76.7Q5
Nov 21, 2017nonen/aQ5
Nov 21, 2018D75.8Q5
Nov 21, 2019E94.7Q5
Nov 21, 2020nonen/aQ5
Nov 21, 2021E91.6Q5
Dec 21, 2023D/E81.1Q5
Feb 21, 2024E84.2Q5
Nov 21, 2025D76.7Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Nov 14, 2025; the document on sec.gov.

Johnson Controls International plc, headquartered in Cork, Ireland, is a global leader in smart, healthy and sustainable buildings, serving a wide range of customers around the globe. The Company’s products, services, systems and solutions advance the safety, comfort and intelligence of spaces to serve people, places and the planet. The Company is committed to helping its customers win and creating greater value for all of its stakeholders through its strategic focus on buildings.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 46.3
Gross profitability22.6%[1,3]21.9%43.82752025-09-30
Return on invested capitalnot computable9.7%
latest aligned inputs end 2015-09-25; latest annual assets end 2025-09-30
Accruals ratio1.8%[1,4-6](3.6%)85.33082025-09-30
Gross margin stability, five years0.8 pts[2-3,7-14]2.1 pts9.62292025-09-30
Solvency, sleeve percentile 93.5
Twelve-month failure probabilitynot computable0.04%
liabilities and a nearby cover-page share count are required at 2026-03-31
Altman Z double-primenot computable3.66
latest aligned inputs end 2015-09-25; latest annual assets end 2025-09-30
Net debt to EBITDAnot computable1.78x
latest aligned inputs end 2015-09-25; latest annual assets end 2025-09-30
Interest coveragenot computable5.09x
latest aligned inputs end 2015-09-25; latest annual assets end 2025-09-30
Current ratio0.93x[15-16]2.25x93.53252025-09-30
Growth and financing, sleeve percentile 32.8
Revenue growth, three-year compound4.6%[2,8,10,12]2.1%35.42692025-09-30
Free cash flow growth, three-year compound41.4%[5,17-23]13.9%14.51392025-09-30
Reinvestment ratenot computable26.4%
latest aligned inputs end 2015-09-25; latest annual assets end 2025-09-30
Asset growth, three years(3.5%)[1,6,24-25]4.4%79.12792025-09-30
Net share issuance, one year(7.7%)[26-27]0.01%2.12432025-10-31

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.174; sampling error 3.0 percentile points on 255 peers.

Among 255 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXPH, Parker-Hannifin Corp.; B, percentile 36.6; market equity $119.4BPHCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATGLW, Corning Inc.; C/D, percentile 60.2; market equity $131.6BGLWETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXJCI 76.0strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
189Trimas Corp. (TRS)

Trimas Corp. (TRS)

Dfourth fifth; percentile 74.0

Nasdaq · Metal Forgings & Stampings

market equity $1.4B; last close $38.47

No active warnings; 10 of 14 inputs

74.0D
190Axon Enterprise, Inc. (AXON)

Axon Enterprise, Inc. (AXON)

Dfourth fifth; percentile 74.4

Nasdaq · Ordnance & Accessories, (No Vehicles/Guided Missiles)

market equity $33.9B; last close $417.37

No active warnings; 10 of 14 inputs

74.4D
191RTX Corp. (RTX)

RTX Corp. (RTX)

Dfourth fifth; percentile 74.8

NYSE · Aircraft Engines & Engine Parts

market equity $248.4B; last close $184.30

No active warnings; 11 of 14 inputs

74.8D
192Entegris Inc. (ENTG)

Entegris Inc. (ENTG)

Dfourth fifth; percentile 75.2

Nasdaq · Plastics Products, NEC

market equity $24.8B; last close $162.22

No active warnings; 10 of 14 inputs

75.2D
193Crown Holdings, Inc. (CCK)

Crown Holdings, Inc. (CCK)

Dfourth fifth; percentile 75.6

NYSE · Metal Cans

market equity $11.8B; last close $108.90

No active warnings; 8 of 14 inputs

75.6D
194Johnson Controls International plc (JCI)

Johnson Controls International plc (JCI)

Dfourth fifth; percentile 76.0

NYSE · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip

market equity $94.0B; last close $153.97

No active warnings; 8 of 14 inputs

76.0D
195Eastman Kodak Co. (KODK)

Eastman Kodak Co. (KODK)

Dfourth fifth; percentile 76.4

NYSE · Photographic Equipment & Supplies

market equity $938.9M; last close $9.58

Warnings: fortress balance sheet; 11 of 14 inputs

76.4Dfortress balance sheet
196Brunswick Corp. (BC)

Brunswick Corp. (BC)

Dfourth fifth; percentile 77.0

NYSE · Engines & Turbines

last close $62.39

No active warnings; 9 of 14 inputs

77.0D
197Brunswick Corp. (BC-PC)

Brunswick Corp. (BC-PC)

Dfourth fifth; percentile 77.0

NYSE · Engines & Turbines

No active warnings; 9 of 14 inputs

77.0D
198Avery Dennison Corp. (AVY)

Avery Dennison Corp. (AVY)

D/Eon the D/E boundary; percentile 77.6

NYSE · Converted Paper & Paperboard Prods (No Contaners/Boxes)

market equity $12.7B; last close $167.68

No active warnings; 8 of 14 inputs

77.6D/E
199Mativ Holdings, Inc. (MATV)

Mativ Holdings, Inc. (MATV)

D/Eon the D/E boundary; percentile 78.0

NYSE · Paper Mills

market equity $654.6M; last close $11.89

No active warnings; 10 of 14 inputs

78.0D/E
Peer policyLetterPercentilePeers
all graded filers, equal sleevesD70.02204
sector peers, equal sleeves (the grade)D76.0255
same exchange, equal sleevesD70.1984
sector peers, equal inputsB/C37.4255

Each letter is one fifth of the 255 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month26.3%13.7%61hotter than 61 of 100 peers
Distance from 52-week high(3.0%)(24.3%)95closer to its high than 95 of 100 peers
EBIT to enterprise value0.9%4.1%24pricier than 76 of 100 peers
Free cash flow yield2.3%3.4%37pricier than 63 of 100 peers
Book value to price0.140.3418pricier than 82 of 100 peers
Sales to price0.250.5423pricier than 77 of 100 peers
Composite equity issuance, five years(27.0%)(9.5%)11more equity-funded than 11 of 100 peers
Relative strength against the sector, log excess return0.10(0.00)61ahead of 61 of 100 peers

Inputs: market equity $94.0B; EBIT $884.0M; free cash flow $2.1B; book equity $13.5B; sales $23.6B; debt $8.6B; cash $698.0M[28].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 6 of 9, period end 2025-09-30
Return on assets above zero7.7%✓ pass[4,6]
Operating cash flow above zero$2.6B✓ pass[5]
Return on assets improved3.7 pts✓ pass[4,6,24,29]
Operating cash flow exceeds net income-$737.0M✗ fail[4-5]
Long-term leverage fell2.5 pts✗ fail[1,6,24,30-31]
Current ratio improved(0.6 pts)✗ fail[15-16,32-33]
No new shares issued(7.7%)✓ pass[26-27]
Gross margin improved1.2 pts✓ pass[2-3,7-8]
Asset turnover improved0.9 pts✓ pass[2,6,8,24]
Cash, filings, liquidity
Cash and equivalents$698.0M[34]
Operating cash flow, four quarters$3.0B[5,34-38]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing72
10-Q received Jul 29, 2026
Median daily dollar volume$434.6M
63 sessions
Days since newest grade input329

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$37.9B2025-09-302025-11-1410-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$23.6B2025-09-302025-11-1410-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$8.6B2025-09-302025-11-1410-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$3.3B2025-09-302025-11-1410-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$2.6B2025-09-302025-11-1410-Kfiling · viewer · series
6assetsus-gaap:Assets$42.7B2024-09-302025-11-1410-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$8.1B2024-09-302025-11-1410-Kfiling · viewer · series
8revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$23.0B2024-09-302025-11-1410-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$7.8B2023-09-302025-11-1410-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$22.3B2023-09-302025-11-1410-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$7.1B2022-09-302024-11-1910-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$20.6B2022-09-302024-11-1910-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$8.1B2021-09-302023-12-1410-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$23.7B2021-09-302023-12-1410-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$10.2B2025-09-302025-11-1410-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$10.9B2025-09-302025-11-1410-Kfiling · viewer · series
17capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$434.0M2025-09-302025-11-1410-Kfiling · viewer · series
18operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$1.6B2024-09-302025-11-1410-Kfiling · viewer · series
19capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$494.0M2024-09-302025-11-1410-Kfiling · viewer · series
20operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$1.9B2023-09-302025-11-1410-Kfiling · viewer · series
21capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$446.0M2023-09-302025-11-1410-Kfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$1.2B2022-09-302024-11-1910-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$487.0M2022-09-302024-11-1910-Kfiling · viewer · series
24assetsus-gaap:Assets$42.2B2023-09-302024-11-1910-Kfiling · viewer · series
25assetsus-gaap:Assets$42.2B2022-09-302024-11-1910-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding611,135,6552025-10-312025-11-1410-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding662,185,3832024-10-312024-11-1910-Kfiling · viewer · series
28shares outstandingdei:EntityCommonStockSharesOutstanding610,115,6032026-03-312026-05-0610-Qfiling · viewer · series
29net incomeus-gaap:NetIncomeLoss$1.7B2024-09-302025-11-1410-Kfiling · viewer · series
30long term debtus-gaap:LongTermDebtAndCapitalLeaseObligations$8.6B2025-09-302025-11-1410-Kfiling · viewer · series
31long term debtus-gaap:LongTermDebtAndCapitalLeaseObligations$8.0B2024-09-302025-11-1410-Kfiling · viewer · series
32current assetsus-gaap:AssetsCurrent$11.2B2024-09-302025-11-1410-Kfiling · viewer · series
33current liabilitiesus-gaap:LiabilitiesCurrent$12.0B2024-09-302025-11-1410-Kfiling · viewer · series
34cashus-gaap:CashAndCashEquivalentsAtCarryingValue$698.0M2026-03-312026-05-0610-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$1.3B2026-03-312026-05-0610-Qfiling · viewer · series
36operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$611.0M2025-12-312026-02-0410-Qfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$1.6B2025-06-302025-08-0610-Qfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations$799.0M2025-03-312026-05-0610-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 76.0 is 4.0 points from the nearest band edge; sampling error is 3.0 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.