Johnson Controls posts Q4 2026 earnings beat and raises FY27 outlook
Johnson Controls reported fiscal Q4 2026 revenue of $7.1 billion, up 10% year‑over‑year, and GAAP EPS of $1.60 with adjusted EPS of $1.66. Orders grew 44% organically and the backlog rose 43% to a record $23 billion. The company launched FY27 guidance forecasting 11‑12% organic revenue growth and adjusted EPS of $6.15‑$6.30, and announced $900 million of capital expenditures for 2027.
Why it matters
The higher guidance and record backlog suggest stronger future cash flow, which could support higher dividend payouts and share‑repurchase capacity, according to the company’s earnings release. Analysts at BofA and Morgan Stanley raised their price targets to $175 and $180 respectively, reflecting the upgraded outlook.
Key facts
- 1Q4 2026 revenue was $7.1 billion, up 10% YoY. prnewswire.com
- 2GAAP EPS for Q4 2026 was $1.60. prnewswire.com
- 3Adjusted EPS for Q4 2026 was $1.66. prnewswire.com
- 4Q4 orders increased 44% organically YoY. prnewswire.com
- 5Backlog grew 43% organically YoY to $23.0 billion. prnewswire.com
- 6FY27 guidance calls for 11‑12% organic revenue growth. prnewswire.com
Summary written by AlphAI AI Desk from 17 of 17 sources. Not investment advice. Figures are as stated by the linked sources.