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Johnson Controls International (Johnson Controls International) Gross Profit : $8,872 Mil (TTM As of Dec. 2023)


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What is Johnson Controls International Gross Profit?

Johnson Controls International's gross profit for the three months ended in Dec. 2023 was $1,992 Mil. Johnson Controls International's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $8,872 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Johnson Controls International's gross profit for the three months ended in Dec. 2023 was $1,992 Mil. Johnson Controls International's Revenue for the three months ended in Dec. 2023 was $6,094 Mil. Therefore, Johnson Controls International's Gross Margin % for the quarter that ended in Dec. 2023 was 32.69%.

Johnson Controls International had a gross margin of 32.69% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Johnson Controls International was 34.05%. The lowest was 16.27%. And the median was 32.87%.


Johnson Controls International Gross Profit Historical Data

The historical data trend for Johnson Controls International's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Johnson Controls International Gross Profit Chart

Johnson Controls International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,693.00 7,411.00 8,059.00 8,343.00 8,971.00

Johnson Controls International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,091.00 2,241.00 2,431.00 2,208.00 1,992.00

Competitive Comparison of Johnson Controls International's Gross Profit

For the Building Products & Equipment subindustry, Johnson Controls International's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Johnson Controls International's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Johnson Controls International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Johnson Controls International's Gross Profit falls into.



Johnson Controls International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Johnson Controls International's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=26793 - 17822
=8,971

Johnson Controls International's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6094 - 4102
=1,992

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,872 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Johnson Controls International's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,992 / 6094
=32.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Johnson Controls International  (NYSE:JCI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Johnson Controls International had a gross margin of 32.69% for the quarter that ended in Dec. 2023 => Competition eroding margins


Johnson Controls International Gross Profit Related Terms

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Johnson Controls International (Johnson Controls International) Business Description

Traded in Other Exchanges
Address
One Albert Quay, Cork, IRL, T12 X8N6
Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration systems, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represents roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions account for the remaining 15% of revenue. In fiscal 2023, Johnson Controls generated nearly $27 billion in revenue.
Executives
Marc Vandiepenbeeck officer: VP & Pres, EMEALA 5757 N GREEN BAY AVE, MILWAUKEE WI 53209
George Oliver officer: Pres. Tyco Safety Products 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Nathan D Manning officer: VP & Pres, North America 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John Donofrio officer: Exec VP & General Counsel ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Olivier Leonetti officer: EVP and CFO-Elect 5757 N. GREEN BAY AVENUE, P.O. BOX 591, MILWAUKEE WI 53201
Heuer Brandt Julie M officer: VP, President BSNA 5757 N. GREENBAY AVENUE, MILWAUKEE WI 53209
Ayesha Khanna director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Daniel C Mcconeghy officer: VP Chief Accounting & Tax Ofcr 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Michael J Ellis officer: EVP Chief Digital Officer 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Lei Zhang Schlitz officer: VP & Pres, Global Products 5757 N. GREENBAY AVENUE, GLENDALE WI 53129
Tomas Brannemo officer: VP & President, BTS EMEALA JOHNSON CONTROLS, 5757 N. GREEN BAY AVENUE, GLENDALE WI 53209
Rodney Clark officer: Chief Commercial Officer 129 CONCORD ROAD, BILLERICA MA 01821
Anuruddha Rathninde officer: VP and President, APAC 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Robert M Vanhimbergen officer: VP Corporate Controller ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Visal Leng officer: VP & Pres, APAC B.Solutions 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209