Johnson Controls International Plc - Company Profile
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Business Description
Johnson Controls International Plc (Johnson Controls) engineers, develops, manufactures, and installs building products and systems. It offers HVAC equipment, fire suppression, distributed energy storage, fire detection, industrial refrigeration, building automation and controls, digital solutions, residential and smart home security, and retail solutions, among others; and technical services, energy-management consulting, and data-driven solutions. Johnson Controls operates its business through four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific and Global Products. In FY2023, the company’s capital expenditure stood at US$39 million, which declined 8.9% YoY.
R&D Overview
Johnson Controls International Plc focus its R&D on the development of new product and improvement. The company continues to invest in the development of its OpenBlue platform and related service. It also focuses on the enhancement of its digital products. OpenBlue is a suite of interconnected solutions that delivers impactful sustainability, new healthy occupant experiences, and respectful safety and security. It features a suite of tailored AI-powered service solutions, such as remote diagnostics, predictive maintenance, compliance monitoring, and more. OpenBlue serves many different industries, from workplaces to hospitals to schools to stadiums to enterprises. In FY2023, the company spent US$320 million on R&D, which as a percentage of revenue, stood at 1.2%.
Business Segments
- Building Solutions Asia Pacific
- Building Solutions EMEA/LA
- Building Solutions North America
- Global Products
Overview
Designs, sells, installs and provides services to HVAC, controls, refrigeration, integrated electronic security, integrated fire detection and suppression systems. -Also provides technical services. In FY2023, the segment incurred a capital expenditure of US$33 million, which grew 50% YoY.
Performance
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Overview
Designs, sells, installs and provides services to HVAC, controls, refrigeration, integrated electronic security, integrated fire detection and suppression systems. -Also provides technical services. In FY2023, the segment incurred a capital expenditure of US$119 million, which remained the same.
Performance
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Overview
Designs, sells, installs and provides services to HVAC and controls systems, integrated electronic security systems, including monitoring, and integrated fire detection and suppression systems. It serves commercial, industrial, retail, small business, institutional and governmental customers. -Also provides energy efficiency solutions and technical services, including scheduled maintenance, inspection and repair and replacement of mechanical and control systems to non-residential building and industrial applications. -In FY2023, the segment incurred a capital expenditure of US$104 million, which declined 26.2% YoY.
Performance
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Overview
Designs and produces heating and air conditioning for residential and commercial applications, and markets products and refrigeration systems to replacement and new construction market customers. -Also designs, manufactures and sells fire protection and security products, including anti-theft devices, intrusion security, and access control and video management systems for commercial, industrial, retail, residential, small business, institutional and governmental customers. In FY2023, the segment incurred a capital expenditure of US$233 million, which declined 9.3% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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