Johnson Controls International PLC (JCI) - Net Assets
Based on the latest financial reports, Johnson Controls International PLC (JCI) has net assets worth $13.23 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.98 Billion) and total liabilities ($24.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check JCI asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.23 Billion |
| % of Total Assets | 34.84% |
| Annual Growth Rate | 7.33% |
| 5-Year Change | -30.92% |
| 10-Year Change | -48.85% |
| Growth Volatility | 23.16 |
Johnson Controls International PLC - Net Assets Trend (1985–2025)
This chart illustrates how Johnson Controls International PLC's net assets have evolved over time, based on quarterly financial data. Also explore JCI current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Johnson Controls International PLC (1985–2025)
The table below shows the annual net assets of Johnson Controls International PLC from 1985 to 2025. For live valuation and market cap data, see JCI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $12.95 Billion | -25.38% |
| 2024-09-30 | $17.36 Billion | -1.88% |
| 2023-09-30 | $17.69 Billion | +1.68% |
| 2022-09-30 | $17.40 Billion | -7.20% |
| 2021-09-30 | $18.75 Billion | +1.19% |
| 2020-09-30 | $18.53 Billion | -11.02% |
| 2019-09-30 | $20.83 Billion | -7.25% |
| 2018-09-30 | $22.46 Billion | +4.08% |
| 2017-09-30 | $21.58 Billion | -14.79% |
| 2016-09-30 | $25.32 Billion | +135.55% |
| 2015-09-30 | $10.75 Billion | -11.40% |
| 2014-09-30 | $12.13 Billion | -4.82% |
| 2013-09-30 | $12.75 Billion | +6.62% |
| 2012-09-30 | $11.96 Billion | +4.29% |
| 2011-09-30 | $11.46 Billion | +12.45% |
| 2010-09-30 | $10.20 Billion | +9.36% |
| 2009-09-30 | $9.32 Billion | -3.50% |
| 2008-09-30 | $9.66 Billion | +6.92% |
| 2007-09-30 | $9.04 Billion | +20.72% |
| 2006-09-30 | $7.48 Billion | +19.67% |
| 2005-09-30 | $6.25 Billion | +17.38% |
| 2004-09-30 | $5.33 Billion | +18.84% |
| 2003-09-30 | $4.48 Billion | +21.54% |
| 2002-09-30 | $3.69 Billion | +15.54% |
| 2001-09-30 | $3.19 Billion | +23.94% |
| 2000-09-30 | $2.58 Billion | +13.48% |
| 1999-09-30 | $2.27 Billion | +16.93% |
| 1998-09-30 | $1.94 Billion | +15.02% |
| 1997-09-30 | $1.69 Billion | +11.94% |
| 1996-09-30 | $1.51 Billion | +12.51% |
| 1995-09-30 | $1.34 Billion | +11.42% |
| 1994-09-30 | $1.20 Billion | +11.47% |
| 1993-09-30 | $1.08 Billion | -9.65% |
| 1992-09-30 | $1.19 Billion | +12.24% |
| 1991-09-30 | $1.06 Billion | +2.75% |
| 1990-09-30 | $1.04 Billion | +5.89% |
| 1989-09-30 | $977.90 Million | +14.71% |
| 1988-09-30 | $852.50 Million | +10.66% |
| 1987-09-30 | $770.40 Million | -7.05% |
| 1986-09-30 | $828.80 Million | +8.30% |
| 1985-09-30 | $765.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Johnson Controls International PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00 Million | 0.05% |
| Other Comprehensive Income | $-642.00 Million | -4.97% |
| Other Components | $13.56 Billion | 104.92% |
| Total Equity | $12.93 Billion | 100.00% |
Johnson Controls International PLC Competitors by Market Cap
The table below lists competitors of Johnson Controls International PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samsung Electronics Co Pref
KO:005935
|
$86.82 Billion |
|
Quanta Services Inc
NYSE:PWR
|
$87.09 Billion |
|
Trane Technologies plc
F:2IS
|
$87.59 Billion |
|
State Bank of India
F:SID
|
$87.65 Billion |
|
National Grid PLC ADR
NYSE:NGG
|
$86.46 Billion |
|
National Australia Bank Ltd
AU:NAB
|
$86.11 Billion |
|
U.S. Bancorp
NYSE:USB
|
$85.92 Billion |
|
Grupo México S.A.B. de C.V
MX:GMEXICOB
|
$85.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Johnson Controls International PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,098,000,000 to 12,927,000,000, a change of -3,171,000,000 (-19.7%).
- Net income of 3,291,000,000 contributed positively to equity growth.
- Dividend payments of 976,000,000 reduced retained earnings.
- Share repurchases of 5,991,000,000 reduced equity.
- Other comprehensive income increased equity by 322,000,000.
- Other factors increased equity by 183,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.29 Billion | +25.46% |
| Dividends Paid | $976.00 Million | -7.55% |
| Share Repurchases | $5.99 Billion | -46.34% |
| Other Comprehensive Income | $322.00 Million | +2.49% |
| Other Changes | $183.00 Million | +1.42% |
| Total Change | $- | -19.70% |
Book Value vs Market Value Analysis
This analysis compares Johnson Controls International PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 128.72x to 7.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-09-30 | $1.13 | $145.08 | x |
| 1986-09-30 | $1.22 | $145.08 | x |
| 1987-09-30 | $1.13 | $145.08 | x |
| 1988-09-30 | $1.26 | $145.08 | x |
| 1989-09-30 | $1.44 | $145.08 | x |
| 1990-09-30 | $1.53 | $145.08 | x |
| 1991-09-30 | $1.57 | $145.08 | x |
| 1992-09-30 | $1.76 | $145.08 | x |
| 1993-09-30 | $1.59 | $145.08 | x |
| 1994-09-30 | $1.77 | $145.08 | x |
| 1995-09-30 | $1.97 | $145.08 | x |
| 1996-09-30 | $2.22 | $145.08 | x |
| 1997-09-30 | $2.49 | $145.08 | x |
| 1998-09-30 | $2.86 | $145.08 | x |
| 1999-09-30 | $3.34 | $145.08 | x |
| 2000-09-30 | $3.79 | $145.08 | x |
| 2001-09-30 | $4.40 | $145.08 | x |
| 2002-09-30 | $5.15 | $145.08 | x |
| 2003-09-30 | $6.28 | $145.08 | x |
| 2004-09-30 | $7.67 | $145.08 | x |
| 2005-09-30 | $8.92 | $145.08 | x |
| 2006-09-30 | $10.83 | $145.08 | x |
| 2007-09-30 | $13.12 | $145.08 | x |
| 2008-09-30 | $13.88 | $145.08 | x |
| 2009-09-30 | $13.43 | $145.08 | x |
| 2010-09-30 | $14.86 | $145.08 | x |
| 2011-09-30 | $16.30 | $145.08 | x |
| 2012-09-30 | $17.12 | $145.08 | x |
| 2013-09-30 | $18.16 | $145.08 | x |
| 2014-09-30 | $16.66 | $145.08 | x |
| 2015-09-30 | $15.28 | $145.08 | x |
| 2016-09-30 | $37.65 | $145.08 | x |
| 2017-09-30 | $30.11 | $145.08 | x |
| 2018-09-30 | $31.17 | $145.08 | x |
| 2019-09-30 | $22.61 | $145.08 | x |
| 2020-09-30 | $23.15 | $145.08 | x |
| 2021-09-30 | $24.35 | $145.08 | x |
| 2022-09-30 | $23.96 | $145.08 | x |
| 2023-09-30 | $24.37 | $145.08 | x |
| 2024-09-30 | $23.81 | $145.08 | x |
| 2025-09-30 | $19.76 | $145.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Johnson Controls International PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.95%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.93x
- Recent ROE (25.46%) is above the historical average (11.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.23% | 4.38% | 1.00x | 2.34x | $1.77 Million |
| 1986 | 11.57% | 3.63% | 1.58x | 2.02x | $13.02 Million |
| 1987 | 11.63% | 3.35% | 1.54x | 2.26x | $12.56 Million |
| 1988 | 12.14% | 3.34% | 1.54x | 2.36x | $18.25 Million |
| 1989 | 9.97% | 2.65% | 1.53x | 2.47x | $-290.00K |
| 1990 | 8.92% | 2.05% | 1.61x | 2.70x | $-11.15 Million |
| 1991 | 8.94% | 2.09% | 1.60x | 2.67x | $-11.30 Million |
| 1992 | 10.30% | 2.39% | 1.62x | 2.66x | $3.58 Million |
| 1993 | 1.47% | 0.26% | 1.91x | 2.99x | $-92.00 Million |
| 1994 | 13.73% | 2.40% | 1.80x | 3.17x | $44.92 Million |
| 1995 | 14.61% | 2.35% | 1.93x | 3.22x | $61.78 Million |
| 1996 | 15.57% | 2.34% | 1.95x | 3.40x | $83.92 Million |
| 1997 | 17.09% | 2.59% | 1.84x | 3.58x | $119.71 Million |
| 1998 | 17.39% | 2.68% | 1.58x | 4.09x | $143.56 Million |
| 1999 | 18.48% | 2.60% | 1.87x | 3.79x | $192.60 Million |
| 2000 | 18.34% | 2.75% | 1.82x | 3.66x | $214.79 Million |
| 2001 | 16.02% | 2.60% | 1.86x | 3.32x | $179.76 Million |
| 2002 | 17.16% | 2.99% | 1.80x | 3.19x | $250.53 Million |
| 2003 | 16.03% | 3.02% | 1.73x | 3.08x | $256.77 Million |
| 2004 | 15.70% | 2.13% | 2.60x | 2.83x | $296.87 Million |
| 2005 | 15.01% | 2.31% | 2.43x | 2.66x | $303.60 Million |
| 2006 | 13.98% | 5.93% | 0.79x | 2.98x | $292.50 Million |
| 2007 | 14.06% | 6.78% | 0.77x | 2.71x | $361.30 Million |
| 2008 | 10.39% | 4.85% | 0.81x | 2.65x | $36.60 Million |
| 2009 | -3.71% | -2.00% | 0.70x | 2.63x | $-1.25 Billion |
| 2010 | 12.95% | 7.68% | 0.66x | 2.54x | $298.10 Million |
| 2011 | 12.79% | 13.40% | 0.36x | 2.69x | $308.40 Million |
| 2012 | 10.18% | 11.38% | 0.34x | 2.66x | $21.50 Million |
| 2013 | 9.55% | 11.69% | 0.32x | 2.56x | $-55.10 Million |
| 2014 | 10.74% | 11.76% | 0.31x | 2.90x | $83.90 Million |
| 2015 | 15.06% | 4.20% | 1.26x | 2.85x | $525.40 Million |
| 2016 | -3.43% | -4.17% | 0.33x | 2.49x | $-3.40 Billion |
| 2017 | 7.88% | 5.34% | 0.58x | 2.54x | $-433.70 Million |
| 2018 | 10.22% | 9.24% | 0.48x | 2.31x | $45.60 Million |
| 2019 | 2.40% | 1.98% | 0.57x | 2.14x | $-1.50 Billion |
| 2020 | 3.62% | 2.83% | 0.55x | 2.34x | $-1.11 Billion |
| 2021 | 9.32% | 6.92% | 0.57x | 2.39x | $-119.20 Million |
| 2022 | 9.42% | 7.42% | 0.49x | 2.59x | $-94.80 Million |
| 2023 | 11.18% | 8.28% | 0.53x | 2.55x | $194.50 Million |
| 2024 | 10.59% | 7.43% | 0.54x | 2.65x | $95.20 Million |
| 2025 | 25.46% | 13.95% | 0.62x | 2.93x | $2.00 Billion |
Industry Comparison
This section compares Johnson Controls International PLC's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $706,353,029
- Average return on equity (ROE) among peers: -11.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Johnson Controls International PLC (JCI) | $13.23 Billion | 10.23% | 1.87x | $86.82 Billion |
| AAON Inc (AAON) | $237.23 Million | 22.97% | 0.25x | $7.43 Billion |
| Antelope Enterprise Holdings Ltd (AEHL) | $49.56 Million | -179.09% | 2.59x | $621.73K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $212.76 Million |
| Apogee Enterprises Inc (APOG) | $140.40 Million | 12.68% | 1.75x | $780.82 Million |
| Alpha Pro Tech Ltd (APT) | $33.23 Million | 9.03% | 0.15x | $44.96 Million |
| Arlo Technologies (ARLO) | $100.91 Million | -30.23% | 1.96x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $58.99 Million | -8.07% | 0.75x | $291.74 Million |
| Armstrong World Industries Inc (AWI) | $691.00 Million | 2.07% | 5.03x | $7.27 Billion |
| Azek Company Inc (AZEK) | $505.55 Million | 1.33% | 2.52x | $7.82 Billion |
| Builders FirstSource Inc (BLDR) | $4.96 Billion | 55.40% | 1.14x | $8.37 Billion |
About Johnson Controls International PLC
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The compan… Read more