Johnson Controls International plc (JCI) Price and Market Data

After Johnson Controls’ 2025 divestiture of its residential and light commercial HVAC businesses to Bosch, the company derives nearly all of its revenue from commercial HVAC (60%) and fire and security products and services (40%). The 2016 merger of Johnson Controls’ HVAC operations with Tyco’s fire and security businesses was based on the premise that offering a broader range of automation products and solutions to commercial buildings would create synergies. On a pro forma basis, we estimate Johnson Controls’ revenue mix at roughly one-third products, one-third installation, and one-third services.