$JCI · Johnson Controls International plc
Johnson Controls reported Q4 FY2026 results with sales of $7.1B (+10% YoY), organic sales growth of 12%, and adjusted EPS of $1.66. Orders surged 44% organically, driving backlog to a record $23.0B (+43% organically). The company initiated FY27 guidance calling for 11-12% organic sales growth and adjusted EPS of $6.15-$6.30, with ~95% adjusted free cash flow conversion.
- Q4 sales rose 10% to $7.1B; organic sales grew 12% year-over-year
- Q4 orders surged 44% organically; backlog hit $23.0B, up 43% organically
- Americas segment EBIT margin expanded 250 bps to 20.1% on strong operating leverage
- FY27 guidance: organic sales growth of 11-12%, adjusted EPS of $6.15-$6.30
- Q4 adjusted EPS of $1.66; free cash flow was $1.1B with ~85% conversion
Extended-hours trading at $153.01, up +3.74% vs the regular close of $147.50, reflecting strong Q4 beats and FY27 guidance above Street expectations. The $89.35B market cap company's record backlog and data-center demand narrative are driving the after-hours bid.
JCI's 44% organic order growth and $23B backlog signal it is converting the data-center capex supercycle into hard financial results at scale, with margin expansion across all three segments.
Data-center demand continues to be the dominant growth driver across HVAC/thermal management peers. JCI's 44% organic order growth and $23B backlog signal it is capturing disproportionate share in mission-critical building systems versus competitors like CARR and TT.
Geopolitical pressure in EMEA (Middle East conflicts) weighed on the region, with sales down 2% despite 3% organic growth. Tariff and trade restriction risks flagged in forward-looking statements could impact global supply chains and input costs.