Credit and interest ratespositive · 5 filings
“These alternatives could result in increased interest expense or other dilution of the Company’s earnings.”10-Q · Jul 29, 2026 ↗
Johnson Controls International plc
JCI
Market read
Johnson Controls International plc's move is being confirmed by its market group.
JCI accounts for 3.0% of the group's measured movement across 4.9 effective names. raw member direction is mixed; 5 of 10 SPY-adjusted paths align to the upside. Capital-flow agreement is 19%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
SPY-adjusted 5m pathsIs this move genuinely shared?
Role in the moveCounter-move#7 of 10 by movement share
Group movement share3.0%Absolute path energy—not portfolio weight
Relative path-0.15%counter
Effective breadth4.9 / 10balanced
Relative alignment5/10upside path · 2 counter-moving
Capital-flow agreement19%not yet clean
SEQUENCE READ
No material onset for JCI could be timestamped inside the aligned 5-minute window.
EVIDENCE COVERAGE
5 of 10 members in Industrial Infrastructure are active. 0 of 3 disclosed connections are confirming.
What would change this read
Watch this read- At least 7 of 10 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Invalidation: The live read weakens if participation falls to 3 of 10 members or fewer.
Research brief
The story so far
JCI accounts for 3.0% of the group's measured movement across 4.9 effective names. raw member direction is mixed; 5 of 10 SPY-adjusted paths align to the upside. Capital-flow agreement is 19%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 7 of 10 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as ENS begins moving with the group.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements141
Verified relationships3
Evidence supporting the case
- Net margin changed +6.5 percentage points in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 5 filings.
- Demand and volume has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Restructuring and cost reductions has repeated adverse evidence across 5 filings.
Questions before a position
- P/E is 15% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 66% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
142.846m+5.8%12m+34.4%24m+106.1%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-09-30$23.7B+6.1%$2.27-4.3%
2022-09-30$20.6B-12.8%$2.19-3.0%
2023-09-30$22.3B+8.2%$2.69-1.7%
2024-09-30$23.0B+2.8%$2.52-1.7%
2025-09-30$23.6B+2.8%$5.03-3.2%
What management says matters
Persistent and emerging business drivers
Demand and volumepositive · 5 filings
“The 12% increase in backlog for APAC was due to 12% growth in Products and Systems and 9% growth in Services.”10-Q · Jul 29, 2026 ↗
Restructuring and cost reductionsnegative · 5 filings
“Restructuring and Impairment Costs During the fourth quarter of fiscal 2024, the Company committed to a multi-year restructuring plan to address stranded costs and further right-size global operations as a result of previously announced portfolio simplificati…”10-Q · Jul 29, 2026 ↗
Data center and AI demandpositive · 3 filings
“Orders Orders increased 27%, reflecting sustained demand in large projects across the Company's core markets, including the Company's solutions for large-scale data center projects.”10-Q · Jul 29, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 4.0× · EV/sales 4.3×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
142.84-1.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for JCI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for JCI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind JCI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
HTHIYFiling-linked namepartnerNov 14, 2025 ▾
“The R&LC HVAC business included the Company's North America Ducted business and Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd., the Company’s global residential joint venture with Hitachi Global Life Solutions, Inc.”
Depended on by
AAONAAON, Inc.competitorMar 2, 2026 ▾
“Competition The Company’s comfort cooling products primarily compete with Lennox (Lennox International, Inc.), Trane (Trane Technologies plc), York Light Commercial (Bosch Home Comfort Group), Johnson Controls (Johnson Controls International PLC), Carrier (Ca…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
JCI is currently a Early Follower in the organic co-movement group Industrial Infrastructure. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.