Products & Services · Cost of Sales

Services — Cost of Sales

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate

How to read this metric

A decrease relative to service revenue suggests improved operational efficiency or better labor utilization, whereas an increase may indicate rising labor costs, supply chain inflation, or inefficiencies in service delivery.

Detailed definition

This metric captures the direct costs associated with delivering maintenance, repair, and monitoring services, including...

Peer comparison

Comparable companies in the HVAC and security industries report this as 'Cost of Services' or 'Service Cost of Goods Sold,' which is used to calculate service-specific gross margins.

Metric ID: jci_segment_services_cost_of_sales

Frequently Asked Questions

What does services — cost of sales mean?
The direct expenses incurred to perform maintenance and service work on customer building systems.