Johnson Controls reports fourth quarter revenue growth and issues fiscal 2027 guidance
Johnson Controls posted a 10 percent increase in revenue for the fourth quarter, alongside a significant rise in its order backlog as it looks toward fiscal 2027.
Johnson Controls reported fourth-quarter revenue growth of 10 percent, with organic sales rising by 12 percent. GAAP earnings per share stood at $1.60, while adjusted earnings reached $1.66 per share.
The company experienced a substantial uptick in demand, reporting a 44 percent organic increase in quarterly orders. This growth contributed to a total backlog of $23 billion, reflecting a 43 percent organic rise year-over-year. The figures indicate increased momentum in the company’s building technology and infrastructure sectors.
Looking ahead, Johnson Controls has initiated financial guidance for fiscal 2027. The results highlight the company's efforts to scale its operations amidst evolving market conditions in the HVAC and building automation industries.