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Johnson Controls Reports Strong Q3 Results; Raises FY25 Guidance
Prnewswireยท 2025-07-29 10:55
Core Viewpoint - Johnson Controls International plc reported strong fiscal third quarter 2025 results, with a notable increase in sales and adjusted earnings per share, reflecting the company's focus on innovation and customer commitment [2][3][7]. Financial Performance - The company achieved GAAP earnings per share (EPS) of $0.94 and adjusted EPS of $1.05 for the third quarter [2]. - Total sales for the quarter reached $6.1 billion, marking a 3% increase year-over-year, with organic sales growth of 6% [2][7]. - GAAP income from continuing operations was $618 million, while adjusted income from continuing operations was $693 million [2]. Segment Results - **Americas**: Sales remained flat at $4.0 billion, with organic sales increasing by 7%. GAAP segment EBITA was $742 million, down 8% year-over-year [5][6]. - **EMEA**: Sales increased by 8% to $1.3 billion, with a 15% rise in GAAP segment EBITA [8][9]. - **APAC**: Sales grew by 7% to $737 million, with a 12% increase in GAAP segment EBITA [9][10]. Orders and Backlog - Excluding M&A and adjusted for foreign currency, orders increased by 5% year-over-year, and the backlog reached $10.3 billion, up 10% year-over-year [6][7]. Cash Flow and Shareholder Returns - Cash provided by operating activities was $787 million, with free cash flow of $693 million and adjusted free cash flow of $725 million [12][39]. - The company paid dividends totaling $243 million and repurchased 3.8 million shares for $310 million [12]. Guidance - The company raised its full-year fiscal 2025 guidance, projecting organic sales growth of mid-single digits and adjusted EPS of $3.65 to $3.68 [19][14].