Johnson Controls International (JCI) FY2022 results: revenue $20.6 billion, down 12.8% on the year
Johnson Controls International plc (JCI) reported revenue of $20.6 billion for fiscal 2022, the year ended 30 September 2022, down 12.8% on the year before. Net income was $1.5 billion, down 6.4%, and diluted earnings per share $2.19. The figures are the company's own, from the 10-K it filed with the SEC on 15 November 2022.
Revenue
$20.6 billion
-12.8% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$1.5 billion
-6.4% on the year
FY2015FY2022
Diluted EPS
$2.19
-3.5% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,990
2,551
2,479
-22.0%
Capital expenditure
487
552
443
-11.8%
Free cash flow
1,503
1,999
2,036
-24.8%
Free cash flow margin
7.3%
8.4%
9.1%
Cash from investing
-693
-1,090
-258
Cash from financing
-516
-2,131
-2,824
Depreciation and amortisation
717
845
822
-15.1%
Share-based compensation
98.0
76.0
74.0
+28.9%
Buybacks
1,441
1,307
2,204
+10.3%
Dividends paid
916
762
790
+20.2%
Dividend per share
$1.39
$1.07
$1.04
+29.9%
Diluted shares, weighted
700m
721m
754m
-3.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
16,268
17,562
17,447
-7.4%
Non-controlling interest
1,134
1,191
1,086
-4.8%
Debt
8,960
7,740
7,819
+15.8%
Operating lease liabilities
987
1,055
n/a
-6.4%
Other liabilities
14,809
14,342
14,463
+3.3%
Total liabilities and equity
42,158
41,890
40,815
+0.6%
Fixed assets
2,271
3,228
3,059
-29.6%
Goodwill
16,175
18,335
17,932
-11.8%
Intangible assets
5,155
5,549
5,356
-7.1%
Cash and equivalents
2,031
1,336
1,951
+52.0%
Receivables
5,727
5,613
5,294
+2.0%
Inventory
2,665
2,057
1,773
+29.6%
Other assets
8,134
5,772
5,450
+40.9%
Total assets
42,158
41,890
40,815
+0.6%
10-K for the year ended 30 September 2022, filed 15 November 2022: the filing.