Analysis of Reportable Segments
Johnson Controls International plc operates in 4 segments: Building Solutions North America; Building Solutions EMEA/LA; Building Solutions Asia Pacific; and Global Products.
Segment Profit Margin
Johnson Controls International plc, profit margin by reportable segment
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 13.49% | 11.98% | 13.86% | 13.45% | 12.77% | 12.78% |
| Building Solutions EMEA/LA | 7.71% | 9.31% | 10.49% | 9.83% | 10.07% | 9.31% |
| Building Solutions Asia Pacific | 12.49% | 12.23% | 13.15% | 13.28% | 12.83% | 13.59% |
| Global Products | 20.42% | 17.01% | 16.75% | 14.41% | 13.67% | 15.79% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Building Solutions North America | Building Solutions North America segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
| Building Solutions EMEA/LA | Building Solutions EMEA/LA segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Building Solutions Asia Pacific | Building Solutions Asia Pacific segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. | |
| Global Products | Global Products segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Building Solutions North America
Johnson Controls International plc; Building Solutions North America; segment profit margin calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 1,394) | 1,122) | 1,204) | 1,157) | 1,153) | 1,109) |
| Net sales | 10,330) | 9,367) | 8,685) | 8,605) | 9,031) | 8,679) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 13.49% | 11.98% | 13.86% | 13.45% | 12.77% | 12.78% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment profit margin = 100 × Segment EBITA ÷ Net sales
= 100 × 1,394 ÷ 10,330 = 13.49%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Building Solutions North America | Building Solutions North America segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment Profit Margin: Building Solutions EMEA/LA
Johnson Controls International plc; Building Solutions EMEA/LA; segment profit margin calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 316) | 358) | 391) | 338) | 368) | 344) |
| Net sales | 4,096) | 3,845) | 3,727) | 3,440) | 3,655) | 3,696) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 7.71% | 9.31% | 10.49% | 9.83% | 10.07% | 9.31% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment profit margin = 100 × Segment EBITA ÷ Net sales
= 100 × 316 ÷ 4,096 = 7.71%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Building Solutions EMEA/LA | Building Solutions EMEA/LA segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Building Solutions Asia Pacific
Johnson Controls International plc; Building Solutions Asia Pacific; segment profit margin calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 343) | 332) | 349) | 319) | 341) | 347) |
| Net sales | 2,746) | 2,714) | 2,654) | 2,403) | 2,658) | 2,553) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 12.49% | 12.23% | 13.15% | 13.28% | 12.83% | 13.59% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment profit margin = 100 × Segment EBITA ÷ Net sales
= 100 × 343 ÷ 2,746 = 12.49%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Building Solutions Asia Pacific | Building Solutions Asia Pacific segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment Profit Margin: Global Products
Johnson Controls International plc; Global Products; segment profit margin calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 1,965) | 1,594) | 1,441) | 1,134) | 1,179) | 1,338) |
| Net sales | 9,621) | 9,373) | 8,602) | 7,869) | 8,624) | 8,472) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 20.42% | 17.01% | 16.75% | 14.41% | 13.67% | 15.79% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment profit margin = 100 × Segment EBITA ÷ Net sales
= 100 × 1,965 ÷ 9,621 = 20.42%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Global Products | Global Products segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Return on Assets (Segment ROA)
Johnson Controls International plc, ROA by reportable segment
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 8.93% | 7.78% | 7.86% | 7.60% | 7.41% | 7.21% |
| Building Solutions EMEA/LA | 6.07% | 7.51% | 7.46% | 6.77% | 7.69% | 6.88% |
| Building Solutions Asia Pacific | 12.97% | 13.70% | 12.54% | 11.73% | 12.83% | 12.65% |
| Global Products | 12.75% | 10.50% | 9.40% | 8.17% | 8.45% | 9.38% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Building Solutions North America | Building Solutions North America segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
| Building Solutions EMEA/LA | Building Solutions EMEA/LA segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Building Solutions Asia Pacific | Building Solutions Asia Pacific segment ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. | |
| Global Products | Global Products segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Building Solutions North America
Johnson Controls International plc; Building Solutions North America; segment ROA calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 1,394) | 1,122) | 1,204) | 1,157) | 1,153) | 1,109) |
| Assets | 15,603) | 14,429) | 15,317) | 15,215) | 15,562) | 15,384) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 8.93% | 7.78% | 7.86% | 7.60% | 7.41% | 7.21% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment ROA = 100 × Segment EBITA ÷ Assets
= 100 × 1,394 ÷ 15,603 = 8.93%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Building Solutions North America | Building Solutions North America segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment ROA: Building Solutions EMEA/LA
Johnson Controls International plc; Building Solutions EMEA/LA; segment ROA calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 316) | 358) | 391) | 338) | 368) | 344) |
| Assets | 5,202) | 4,766) | 5,241) | 4,989) | 4,786) | 4,997) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 6.07% | 7.51% | 7.46% | 6.77% | 7.69% | 6.88% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment ROA = 100 × Segment EBITA ÷ Assets
= 100 × 316 ÷ 5,202 = 6.07%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Building Solutions EMEA/LA | Building Solutions EMEA/LA segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment ROA: Building Solutions Asia Pacific
Johnson Controls International plc; Building Solutions Asia Pacific; segment ROA calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 343) | 332) | 349) | 319) | 341) | 347) |
| Assets | 2,645) | 2,424) | 2,783) | 2,720) | 2,657) | 2,743) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 12.97% | 13.70% | 12.54% | 11.73% | 12.83% | 12.65% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment ROA = 100 × Segment EBITA ÷ Assets
= 100 × 343 ÷ 2,645 = 12.97%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Building Solutions Asia Pacific | Building Solutions Asia Pacific segment ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Segment ROA: Global Products
Johnson Controls International plc; Global Products; segment ROA calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Segment EBITA | 1,965) | 1,594) | 1,441) | 1,134) | 1,179) | 1,338) |
| Assets | 15,406) | 15,185) | 15,328) | 13,882) | 13,945) | 14,261) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 12.75% | 10.50% | 9.40% | 8.17% | 8.45% | 9.38% |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment ROA = 100 × Segment EBITA ÷ Assets
= 100 × 1,965 ÷ 15,406 = 12.75%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Global Products | Global Products segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover
Johnson Controls International plc, asset turnover by reportable segment
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 0.66 | 0.65 | 0.57 | 0.57 | 0.58 | 0.56 |
| Building Solutions EMEA/LA | 0.79 | 0.81 | 0.71 | 0.69 | 0.76 | 0.74 |
| Building Solutions Asia Pacific | 1.04 | 1.12 | 0.95 | 0.88 | 1.00 | 0.93 |
| Global Products | 0.62 | 0.62 | 0.56 | 0.57 | 0.62 | 0.59 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Building Solutions North America | Building Solutions North America segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Building Solutions EMEA/LA | Building Solutions EMEA/LA segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. | |
| Building Solutions Asia Pacific | Building Solutions Asia Pacific segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. | |
| Global Products | Global Products segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Building Solutions North America
Johnson Controls International plc; Building Solutions North America; segment asset turnover calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 10,330) | 9,367) | 8,685) | 8,605) | 9,031) | 8,679) |
| Assets | 15,603) | 14,429) | 15,317) | 15,215) | 15,562) | 15,384) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.66 | 0.65 | 0.57 | 0.57 | 0.58 | 0.56 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Assets
= 10,330 ÷ 15,603 = 0.66
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Building Solutions North America | Building Solutions North America segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Building Solutions EMEA/LA
Johnson Controls International plc; Building Solutions EMEA/LA; segment asset turnover calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 4,096) | 3,845) | 3,727) | 3,440) | 3,655) | 3,696) |
| Assets | 5,202) | 4,766) | 5,241) | 4,989) | 4,786) | 4,997) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.79 | 0.81 | 0.71 | 0.69 | 0.76 | 0.74 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Assets
= 4,096 ÷ 5,202 = 0.79
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Building Solutions EMEA/LA | Building Solutions EMEA/LA segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Asset Turnover: Building Solutions Asia Pacific
Johnson Controls International plc; Building Solutions Asia Pacific; segment asset turnover calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 2,746) | 2,714) | 2,654) | 2,403) | 2,658) | 2,553) |
| Assets | 2,645) | 2,424) | 2,783) | 2,720) | 2,657) | 2,743) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 1.04 | 1.12 | 0.95 | 0.88 | 1.00 | 0.93 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Assets
= 2,746 ÷ 2,645 = 1.04
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Building Solutions Asia Pacific | Building Solutions Asia Pacific segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Asset Turnover: Global Products
Johnson Controls International plc; Global Products; segment asset turnover calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 9,621) | 9,373) | 8,602) | 7,869) | 8,624) | 8,472) |
| Assets | 15,406) | 15,185) | 15,328) | 13,882) | 13,945) | 14,261) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 0.62 | 0.62 | 0.56 | 0.57 | 0.62 | 0.59 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment asset turnover = Net sales ÷ Assets
= 9,621 ÷ 15,406 = 0.62
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Global Products | Global Products segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation
Johnson Controls International plc, capital expenditures to depreciation by reportable segment
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 0.46 | 0.66 | 0.36 | 0.40 | 0.51 | 0.48 |
| Building Solutions EMEA/LA | 1.18 | 1.24 | 1.24 | 0.97 | 0.83 | 0.66 |
| Building Solutions Asia Pacific | 1.43 | 1.05 | 1.24 | 1.50 | 1.13 | 0.93 |
| Global Products | 0.51 | 0.56 | 0.61 | 0.46 | 0.78 | 0.79 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Building Solutions North America | Building Solutions North America segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
| Building Solutions EMEA/LA | Building Solutions EMEA/LA segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Building Solutions Asia Pacific | Building Solutions Asia Pacific segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| Global Products | Global Products segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Building Solutions North America
Johnson Controls International plc; Building Solutions North America; segment capital expenditures to depreciation calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 104) | 141) | 87) | 93) | 119) | 114) |
| Depreciation/amortization | 225) | 213) | 245) | 233) | 233) | 236) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 0.46 | 0.66 | 0.36 | 0.40 | 0.51 | 0.48 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation/amortization
= 104 ÷ 225 = 0.46
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Building Solutions North America | Building Solutions North America segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Segment Capital Expenditures to Depreciation: Building Solutions EMEA/LA
Johnson Controls International plc; Building Solutions EMEA/LA; segment capital expenditures to depreciation calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 119) | 119) | 128) | 99) | 93) | 73) |
| Depreciation/amortization | 101) | 96) | 103) | 102) | 112) | 110) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.18 | 1.24 | 1.24 | 0.97 | 0.83 | 0.66 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation/amortization
= 119 ÷ 101 = 1.18
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Building Solutions EMEA/LA | Building Solutions EMEA/LA segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Building Solutions Asia Pacific
Johnson Controls International plc; Building Solutions Asia Pacific; segment capital expenditures to depreciation calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 33) | 22) | 31) | 36) | 26) | 26) |
| Depreciation/amortization | 23) | 21) | 25) | 24) | 23) | 28) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.43 | 1.05 | 1.24 | 1.50 | 1.13 | 0.93 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation/amortization
= 33 ÷ 23 = 1.43
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Building Solutions Asia Pacific | Building Solutions Asia Pacific segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Capital Expenditures to Depreciation: Global Products
Johnson Controls International plc; Global Products; segment capital expenditures to depreciation calculation
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 233) | 257) | 265) | 191) | 310) | 307) |
| Depreciation/amortization | 454) | 461) | 432) | 414) | 396) | 390) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 0.51 | 0.56 | 0.61 | 0.46 | 0.78 | 0.79 |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation/amortization
= 233 ÷ 454 = 0.51
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Global Products | Global Products segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Net sales
Johnson Controls International plc, net sales by reportable segment
US$ in millions
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 10,330) | 9,367) | 8,685) | 8,605) | 9,031) | 8,679) |
| Building Solutions EMEA/LA | 4,096) | 3,845) | 3,727) | 3,440) | 3,655) | 3,696) |
| Building Solutions Asia Pacific | 2,746) | 2,714) | 2,654) | 2,403) | 2,658) | 2,553) |
| Global Products | 9,621) | 9,373) | 8,602) | 7,869) | 8,624) | 8,472) |
| Total | 26,793) | 25,299) | 23,668) | 22,317) | 23,968) | 23,400) |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
Segment EBITA
Johnson Controls International plc, segment ebita by reportable segment
US$ in millions
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 1,394) | 1,122) | 1,204) | 1,157) | 1,153) | 1,109) |
| Building Solutions EMEA/LA | 316) | 358) | 391) | 338) | 368) | 344) |
| Building Solutions Asia Pacific | 343) | 332) | 349) | 319) | 341) | 347) |
| Global Products | 1,965) | 1,594) | 1,441) | 1,134) | 1,179) | 1,338) |
| Total | 4,018) | 3,406) | 3,385) | 2,948) | 3,041) | 3,138) |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
Assets
Johnson Controls International plc, assets by reportable segment
US$ in millions
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 15,603) | 14,429) | 15,317) | 15,215) | 15,562) | 15,384) |
| Building Solutions EMEA/LA | 5,202) | 4,766) | 5,241) | 4,989) | 4,786) | 4,997) |
| Building Solutions Asia Pacific | 2,645) | 2,424) | 2,783) | 2,720) | 2,657) | 2,743) |
| Global Products | 15,406) | 15,185) | 15,328) | 13,882) | 13,945) | 14,261) |
| Total | 38,856) | 36,804) | 38,669) | 36,806) | 36,950) | 37,385) |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
Depreciation/amortization
Johnson Controls International plc, depreciation/amortization by reportable segment
US$ in millions
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 225) | 213) | 245) | 233) | 233) | 236) |
| Building Solutions EMEA/LA | 101) | 96) | 103) | 102) | 112) | 110) |
| Building Solutions Asia Pacific | 23) | 21) | 25) | 24) | 23) | 28) |
| Global Products | 454) | 461) | 432) | 414) | 396) | 390) |
| Total | 803) | 791) | 805) | 773) | 764) | 764) |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).
Capital expenditures
Johnson Controls International plc, capital expenditures by reportable segment
US$ in millions
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | Sep 30, 2018 | |
|---|---|---|---|---|---|---|
| Building Solutions North America | 104) | 141) | 87) | 93) | 119) | 114) |
| Building Solutions EMEA/LA | 119) | 119) | 128) | 99) | 93) | 73) |
| Building Solutions Asia Pacific | 33) | 22) | 31) | 36) | 26) | 26) |
| Global Products | 233) | 257) | 265) | 191) | 310) | 307) |
| Total | 489) | 539) | 511) | 419) | 548) | 520) |
Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).