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Johnson Controls International JCI Divestiture of businesses, net of cash transferred

Divestiture of businesses, net of cash transferred at other companies

Waste Management logo
Waste ManagementWM
$69M-29.6%
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
$312M+28.4%
Brown & Brown logo
Brown & BrownBRO
$0-100%
Amcor logo
AmcorAMCR
$0-100%
CF Industries logo
CF IndustriesCF
$227.75M
Willis Towers Watson logo
Willis Towers WatsonWTW
-$4M-128%

Other financials

Income statement

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Revenue$6.1B+8.2%
Gross profit$2.3B+9.3%
Net income$613.0M+28.2%
EPS (diluted)$1.00+38.9%

Balance sheet

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Cash & equivalents$698.0M-12.2%
Total debt$882.0M-90.9%
Total equity$13.5B-14.5%
Total assets$38.4B-9.5%

Cash flow

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Operating cash flow$672.0M+22.2%
CapEx$68.0M-27.7%
Free cash flow$604.0M+32.5%

Valuation

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Market cap$88.36B+51.6%
Enterprise value$88.54B+30.0%
P/E25×+1.8×
P/S3.6×+1.1×

Profitability

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Gross margin36.6%+0.5pp
Net margin14.5%+3.7pp

Returns & leverage

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Return on equity24.1%+8.2pp
Debt / equity0.1×-0.5×
Current ratio+0.1×

Where this comes from

Reported directly by Johnson Controls International in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromDivestitureOfBusinessesNetOfCashDivested.

The official record: Johnson Controls International’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Johnson Controls International's divestiture of businesses, net of cash transferred?
Johnson Controls International (JCI) reported divestiture of businesses, net of cash transferred of $2M in Q1 2026.
How has Johnson Controls International's divestiture of businesses, net of cash transferred changed year-over-year?
Johnson Controls International's divestiture of businesses, net of cash transferred increased by 100.0% year-over-year, from $1M to $2M.
What does divestiture of businesses, net of cash transferred mean?
Cash received from selling off parts of the business or entire subsidiaries.
How do you interpret divestiture of businesses, net of cash transferred?
Proceeds indicate a strategic shift to streamline the business or raise capital for debt repayment and shareholder returns.
How does divestiture of businesses, net of cash transferred compare across companies?
Common for large conglomerates periodically pruning their business portfolio.