Johnson Controls International (JCI) FY2021 results: revenue $23.7 billion, up 6.1% on the year
Johnson Controls International plc (JCI) reported revenue of $23.7 billion for fiscal 2021, the year ended 30 September 2021, up 6.1% on the year before. Net income was $1.6 billion, up 159.4%, and diluted earnings per share $2.27. The figures are the company's own, from the 10-K it filed with the SEC on 15 November 2021.
Revenue
$23.7 billion
+6.1% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$1.6 billion
+159.4% on the year
FY2014FY2021
Diluted EPS
$2.27
+170.2% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
2,551
2,479
1,743
+2.9%
Capital expenditure
552
443
586
+24.6%
Free cash flow
1,999
2,036
1,157
-1.8%
Free cash flow margin
8.4%
9.1%
4.8%
Cash from investing
-1,090
-258
-533
Cash from financing
-2,131
-2,824
-10,519
Depreciation and amortisation
845
822
825
+2.8%
Share-based compensation
76.0
74.0
95.0
+2.7%
Buybacks
1,307
2,204
5,983
-40.7%
Dividends paid
762
790
920
-3.5%
Dividend per share
$1.07
$1.04
$1.04
+2.9%
Diluted shares, weighted
721m
754m
874m
-4.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
17,562
17,447
19,766
+0.7%
Non-controlling interest
1,191
1,086
1,063
+9.7%
Debt
7,740
7,819
7,219
-1.0%
Operating lease liabilities
1,055
n/a
n/a
Other liabilities
14,342
14,463
14,239
-0.8%
Total liabilities and equity
41,890
40,815
42,287
+2.6%
Fixed assets
3,228
3,059
3,348
+5.5%
Goodwill
18,335
17,932
18,178
+2.2%
Intangible assets
5,549
5,356
5,632
+3.6%
Cash and equivalents
1,336
1,951
2,805
-31.5%
Receivables
5,613
5,294
5,770
+6.0%
Inventory
2,057
1,773
1,814
+16.0%
Other assets
5,772
5,450
4,740
+5.9%
Total assets
41,890
40,815
42,287
+2.6%
10-K for the year ended 30 September 2021, filed 15 November 2021: the filing.