Johnson Controls stock gains after strong Q4 and FY27 outlook

Johnson Controls reported a strong fiscal fourth quarter on October 27, with sales up 10% year over year to USD 7.1 billion and organic sales growth of 12%. The company also raised visibility for the new fiscal year through its initial fiscal 2027 outlook, according to the Johnson Controls earnings release.

Adjusted earnings per share reached USD 1.66, while GAAP earnings per share were USD 1.60. Orders increased 44% organically and backlog rose 43% to USD 23.0 billion. The company said sustained demand from data centers and other mission-critical applications supported the increase.

Fiscal 2027 starts with strong guidance

For the first quarter of fiscal 2027, Johnson Controls expects organic sales growth of 12% to 14%, operating leverage of 30% to 35% and adjusted earnings per share of USD 1.15 to USD 1.20. For the full fiscal year, management projects organic sales growth of 11% to 12%, operating leverage above 30% and adjusted earnings per share of USD 6.15 to USD 6.30.

The outlook also includes adjusted free cash flow conversion of about 95%. Johnson Controls plans capital expenditure of approximately USD 900 million in fiscal 2027 as it expands capacity for thermal management and other growth areas. Investors will weigh the pace of backlog conversion against the higher investment needs and planned restructuring costs.

Johnson Controls stock traded at 134.20 euros on Lang & Schwarz at 23:00 CET on Tuesday, November 3, 2026. The real-time quote of Johnson Controls stock is available in the live market view.

Building systems across global markets

Johnson Controls International plc engineers, manufactures, installs and services heating, ventilation and air conditioning equipment, building controls, refrigeration, fire detection, security and digital building solutions. Its customers include commercial, institutional, industrial, data center, marine and government organizations across the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company is based in Cork, Ireland, and combines equipment sales with lifecycle services and technical support.

Global investors will also track developments across the S&P 500 market as industrial and technology shares respond to changing capital spending expectations.

More news and analyses on Johnson Controls stock