Johnson Controls International plc (JCI)
Johnson Controls makes building systems for climate control, fire safety, and security.
JCI vs LII: how the two businesses compare
- Bigger business: JCI, with $23.6B of yearly revenue, about 4.5× LII's $5.2B.
- More profitable: LII keeps 16 cents of each sales dollar as profit, against 14 cents at JCI.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Johnson Controls International (JCI) is the larger business by reported revenue: $23.6B in its fiscal year ended Sep 2025, about 4.5× LII's $5.2B (fiscal year ended Dec 2025). JCI's net margin was 13.9% and LII's 15.5%. Both file with the SEC under the same industry code, SIC 3585 (Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip).
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Industrials
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
- Same classification
- Different
- JCI September 30 · LII December 31
- Feb 17, 2026
JCI vs LII: quick comparison
| Company fact | JCI | LII |
|---|---|---|
| Company | Johnson Controls International plc | Lennox International Inc. |
| Exchange | NYSE | NYSE |
| SEC industry | Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip | Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip |
| Fiscal year-end | September 30 | December 31 |
| Latest annual filing | 10-K · 2025-11-14 | 10-K · 2026-02-17 |
JCI vs LII: audited financials
- Scale: JCI's $23.6B of revenue is about 4.5× LII's $5.2B.
- Net margin: LII kept 15.5% of revenue as net income versus 13.9% at JCI.
- Periods: the fiscal years end about 3 months apart (2025-09-30 for JCI, 2025-12-31 for LII), so each figure reflects somewhat different demand and cost conditions.
| Metric | JCI | LII |
|---|---|---|
| Revenue | $23.6B2024-10-01 to 2025-09-30 · SEC filing | $5.2B2025-01-01 to 2025-12-31 · SEC filing |
| Net income | $3.3B2024-10-01 to 2025-09-30 · SEC filing | $806M2025-01-01 to 2025-12-31 · SEC filing |
| Operating cash flow | — | $758M2025-01-01 to 2025-12-31 · SEC filing |
| Diluted EPS | $5.032024-10-01 to 2025-09-30 · SEC filing | $22.792025-01-01 to 2025-12-31 · SEC filing |
| Net margin | 13.9%2024-10-01 to 2025-09-30 · SEC filing | 15.5%2025-01-01 to 2025-12-31 · SEC filing |
JCI: FY ending 2025-09-30 · LII: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where JCI and LII overlap, and where they don't
Overlap
- Same SEC industry: both report under SIC 3585, Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip.
- Shared research theme: Economic trends.
Differences
- Offset fiscal calendars: JCI's year ends September 30 and LII's December 31, about 3 months apart.
- Scale: JCI reported about 4.5× the annual revenue of LII.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Lennox International Inc. (LII)
Lennox International makes heating, air-conditioning, and refrigeration systems for homes and businesses.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves JCI
We have not yet published a company-specific driver list for JCI. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2025-11-14.
What moves LII
We have not yet published a company-specific driver list for LII. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-17.
The investment question
You now know JCI reports about 4.5× LII's revenue, and LII keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about their exposure to economic trends, and which evidence in the next filings would prove that assumption wrong.
Members-only research
What members are reading this month
- Issue 07: The Vote That Knocked Almost a Quarter off Data Center Stocks
Texas has frozen new data center approvals since the summer. The vote extends that freeze, but it cannot unplug campuses that already have power. We map who is exposed, test whether the sell-off overshot and say where the real risk sits.
- Citadel bought the AI fire sale. The seller had run out of time.
Up 439% in the first half, down about 67% in July: how an AI hedge fund ended up selling a roughly $16 billion stock book to Citadel at a discount.
The thesis, the numbers behind it, and what would break it. Full access is $39 a month.
Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. JCI's fiscal year ends September 30, while LII's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 7 matched transaction rows for JCI and 0 matched transaction rows for LII. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
JCI primary filings
LII primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving JCI or LII
JCI vs LII FAQs
Are JCI and LII direct competitors?
Johnson Controls International and Lennox International share the SEC industry classification “Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Is JCI or LII the bigger company by revenue?
Johnson Controls International (JCI) is the larger business by reported revenue: $23.6B in its fiscal year ended Sep 2025, about 4.5× LII's $5.2B (fiscal year ended Dec 2025). JCI's net margin was 13.9% and LII's 15.5%. Both file with the SEC under the same industry code, SIC 3585 (Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip). Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, JCI or LII?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this JCI vs LII comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Johnson Controls International plc and Lennox International Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
JCI vs LII compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
Members-only research
$39/mo or $249/yr · cancel future renewals anytime · sources included