Johnson Controls(US:JCI) Seeking Alpha·2026-02-19 15:44Core Insights - The company has undergone a significant transformation over the past couple of years, focusing on portfolio simplification and cost actions [1][2] - The leadership changes, particularly with Joakim joining as CEO, have accelerated the transformation process [3] Portfolio Simplification - The company initiated a portfolio simplification strategy two years ago, which included the divestiture of ADTi and the residential and light commercial business [2] - This simplification resulted in the shedding of approximately 30% of the company's revenue [2] Financial Performance - The execution discipline following the portfolio simplification has positively impacted financial performance, leading to improved margins and strong cash flow generation [2] - The quality of earnings has also shown improvement over time as a result of these actions [2]