Johnson Controls Reports Fiscal Q4 & Full Year Results, Demonstrating Continued Strong Execution in a challenging Environment

Johnson Controls International Plc, an American Irish-domiciled multinational conglomerate headquartered in Cork, Ireland has reported Fiscal fourth quarter 2020 GAAP earnings per share (“EPS”) from continuing operations, including special items, of $0.60. Excluding these items, adjusted EPS from continuing operations was $0.76, down 3% versus the prior year period.

Sales of nearly $ 6.0 billion decreased 5% compared to the prior year and declined 6% organically, reflecting the continued impact of the Covid-19 pandemic. 

GAAP net income from continuing operations was $441 million, earnings before interest and taxes (“EBIT”) was $563 million and EBIT margin was 9.8%.