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Dec 31, 2024

Johnson Controls Q1 2025 Earnings Report

Reported strong Q1 results and raised FY25 guidance.

Key Takeaways

Johnson Controls reported a 4% increase in sales and a 10% increase in organic sales for Q1 2025. GAAP EPS was $0.55, and adjusted EPS was $0.64. The company is raising its full year fiscal 2025 guidance.

Q1 sales increased 4% and organic sales increased 10%.

Q1 GAAP EPS of $0.55; Q1 Adjusted EPS of $0.64.

Q1 Orders increased 16% organically year-over-year.

Building Solutions backlog of $13.2 billion increased 11% organically year-over-year.

Total Revenue
$5.43B
Previous year: $6.09B
-11.0%
EPS
$0.64
Previous year: $0.51
+25.5%
Gross Profit
$1.93B
Previous year: $1.99B
-3.3%
Cash and Equivalents
$1.24B
Previous year: $1.8B
-31.3%
Free Cash Flow
$133M
Previous year: -$338M
-139.3%
Total Assets
$42.1B
Previous year: $44B
-4.3%

Johnson Controls

Johnson Controls

Johnson Controls Revenue by Segment

Forward Guidance

The Company initiated fiscal 2025 second quarter guidance and raised fiscal 2025 full year guidance.

Positive Outlook

  • Organic sales growth of mid-single digits (unchanged)
  • Adjusted segment EBITA margin improvement of more than 80 basis points, year-over-year (previously more than 50 bps)
  • Adjusted EPS before special items of ~$3.50 to $3.60 (previously ~$3.40 to $3.50)

Revenue & Expenses

Visualization of income flow from segment revenue to net income