JCI Johnson Controls International plc Ordinary Share
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| Ex-date | Split | Type |
|---|---|---|
| Sept. 6, 2016 | 1-for-1 | Reverse |
| Oct. 1, 2012 | 1724-for-857 | Forward |
| July 2, 2007 | 1-for-4 | Reverse |
| Oct. 22, 1999 | 2-for-1 | Forward |
| Oct. 23, 1997 | 2-for-1 | Forward |
| Nov. 15, 1995 | 2-for-1 | Forward |
| Sept. 28, 1987 | 2-for-1 | Forward |
About Johnson Controls International plc Ordinary Share Company overview from Wikipedia
Johnson Controls International plc is an American multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents. In 2017 it was listed as 389th in the Fortune Global 500. It became ineligible for the Fortune 500 in subsequent years since it relocated its headquarters outside the U.S.
The company was formed via the merger of American company Johnson Controls with Tyco International, announced on 25 January 2016. The merger led to the avoidance of taxation on foreign market operations and a financial windfall for the CEO of Johnson Controls at that time, Alex Molinaroli.
History
In 1883, Warren S. Johnson, a professor at the Whitewater Normal School (now University of Wisconsin–Whitewater) in Whitewater, Wisconsin, received a patent for the first electric room thermostat. His invention helped launch the building control industry and was the impetus for a new company. Johnson and a group of Milwaukee investors led by William Plankinton incorporated the Johnson Electric Service Company in 1885 to manufacture, install and service automatic temperature regulation systems for buildings. After Johnson died in 1911, the company decided to focus on its temperature control business for non-residential buildings.
In 1970, the company took over clock manufacturer Standard Electric Time Company. The company was renamed Johnson Controls in 1974. In 1978, Johnson Controls acquired the battery company Globe-Union. That same year, the company divested itself of the Standard Electric Time Company and sold it to Faraday. In 1985, Johnson Controls acquired automotive seating companies Hoover Universal and Ferro Manufacturing.
In 1989, Johnson acquired Pan Am World Services, which provides facilities management for airports, military bases and the two space centers of the U.S. Government. The acquisition would more than double Johnson Controls' facilities management business and diversify away from the cyclical construction business. Revenue from facilities maintenance contributed about one-third of Johnson's in 1988.
During the 2007–2009 recession, the company's president, Keith Wandell, lobbied the U.S. Congress for a bailout of the companies that Johnson supplied. The Johnson Controls plant in Lakeshore, Ontario, closed in late March 2010 and the property was sold. In 2013, Stephen Roell retired and Alex Molinaroli took his position as CEO and chairman of the board.
Subsequent history
On 31 October 2016, the former Johnson Controls Automotive Experience division was spun off as a separate, publicly traded company, Adient, and began trading on the New York Stock Exchange. In March 2017, it was announced that Scott Safety, its safety gear business, would be bought by 3M for $2 billion.
On 1 September 2017, George Oliver was appointed as chairman and CEO, an acceleration by 6 months from the original plans.
On 12 May 2021, Johnson Controls completed the acquisition of Silent-Aire, a Canadian firm that specialized in data center cooling systems. The deal was structured as follows: Johnson Controls paid $630 million upfront, and additional payments were made contingent upon reaching certain milestones, with total price capped at $870 million.
In October 2021, it was announced that Johnson Controls had chosen Ava Robotics to power its new fully autonomous Tyco Security Robot.
In September 2023, Johnson Controls' experienced a ransomware attack, encrypting numerous company devices and servers, prompting the company to immediately shut down specific IT systems.
In July 2024, Johnson Controls announced their plans to sell a portfolio of heating and ventilation units to Germany's Bosch Group for $6.7 billion.
Women's work rights
In 1982, Johnson Controls enacted what it called a "fetal protection policy", which denied women the right to work on the battery production line because of the potential harm to a fetus they might conceive. Women were allowed to work on the production line only if they could prove that "... their inability to bear children had been medically documented."
In April 1984, the United Automobile Workers sued Johnson Controls on behalf of three employees. These employees were Mary Craig, who had chosen to be sterilized to avoid losing her job; Elsie Nason, a 50-year-old divorcee, who had suffered a loss of compensation when she was transferred from a high paying job that exposed her to lead; and Donald Penney, who had been denied a request for a leave of absence for the purpose of lowering his blood lead levels because he intended to become a father. The case was argued before the Supreme Court of the United States on 10 October 1990 and was decided on 20 March 1991. The Court ruled in favor of the plaintiffs. This was a landmark ruling because it affirmed that "... it is no more appropriate for the courts than it is for individual employers to decide whether a woman's reproductive role is more important to herself and her family than her economic role."
Business units
The company's operations focus on Building Efficiency.
Building Technologies and Solutions
The Building Technologies and Solutions business unit designs, produces, installs and services heating, ventilation and air conditioning systems, industrial refrigeration, building management systems, fire and security systems and mechanical equipment for commercial and residential buildings. The brands produced under this business unit are York, TempMaster, Metasys, Panoptix, Frick and Sabroe. This unit also works with organizations to reduce the energy consumption and operating costs of their buildings. This includes retrofitting existing buildings such as the Empire State Building and working on maximizing efficiency in new construction such as the Burj Khalifa in Dubai. Building Technologies & Solutions is the company's longest-running business unit, dating to 1885 when Johnson founded the Johnson Electric Service Company after patenting the electric thermostat in 1883. As of 2012, the business unit operated from 700 branch offices in more than 150 countries.
Johnson Controls was one of the defendants in a multimillion-dollar federal court lawsuit in San Juan, Puerto Rico in a case where 98 people perished and 140 were injured in a fire at the DuPont Plaza Hotel and its casino on New Year's Eve, 31 December 1986. The plaintiffs claimed that Johnson Controls sold and installed an energy management system that failed to give early warning of the fire. After nine months of trial, the company and its energy management system were absolved of blame when the court issued a directed verdict. When the trial was completed the plaintiffs had accumulated approximately $220,908,549.00 in damages as a result of various settlements and a jury verdict against some other defendants.
Former business units
Power Solutions
This unit was sold to Brookfield Business Partners and re-made into a new company, Clarios, as of 1 May 2019.
The Power Solutions business unit designs and manufactures automotive batteries for passenger cars, heavy and light duty trucks, utility vehicles, motorcycles, golf carts and boats. It supplies more than one third of the world's lead-acid batteries to automakers and aftermarket retailers including Wal-Mart, Sears, Toyota, and BMW. Lead acid battery brands produced under this business unit include Continental, OPTIMA, Heliar, LTH, Delkor and VARTA automotive batteries. This part of the company also manufactures Lithium-ion cells and complete battery systems to power hybrid and electric vehicles such as the Ford Transit Connect electric van and Mercedes S-Class 400 hybrid. Additionally, it manufactures absorbent glass mat (AGM) and enhanced flooded batteries (EFB) batteries to power Start-Stop vehicles such as the Chevy Malibu and Ford Fusion.
As of 2012, the business unit operated from 60 locations worldwide. On 13 November 2018 Johnson Controls agrees to sell its Power Solutions Division to Brookfield Business Partners.
Automotive Experience
This business unit was spun off into a new company named Adient on 31 October 2016.
Global WorkPlace Solutions
The Global WorkPlace Solutions business unit provides outsourced facilities management services globally. It also manages corporate real estate on behalf of its customers including acquiring and disposing of property, administering leases, and managing building related projects such as equipment replacements. On 23 September 2015, CBRE, Inc. purchased the Global Workplace Solutions business unit, retaining the name "Global Workplace Solutions".
Joint ventures
Amaron: Amara Raja Batteries of India signed a joint venture with Johnson Controls in December 1997 to manufacture automotive batteries in India, under the brand name "Amaron". Amara Raja Batteries terminated the partnership with Johnson Controls on 1 April 2019.
Brookfield Johnson Controls: A joint venture with Brookfield Properties to provide commercial property management services in Canada. Established in 1992, it was known as Brookfield LePage Johnson Controls or BLJC until May 2015. In 2013, Johnson Controls and Brookfield Asset Management formed a similar joint venture in Australia and New Zealand. In 2015, JCI pulled out and the company continued as Brookfield Global Integrated Solutions.
Diniz Johnson Controls : A joint venture with Diniz Holding in Turkey building complete automotive seats for major OEMs.
Johnson Controls Hitachi : A joint venture in 2015 with Hitachi in Japan for RAC, PAC, VRF and Chiller business.
Johnson Controls-Saft Advanced Power Solutions: Johnson Controls-Saft Advanced Power Solutions (JCS) was a joint venture between Johnson Controls and French battery company Saft Groupe S.A. It was officially launched in January 2006.
VARTA established a JCS development centre at its German HQ, following the setting-up of VARTA-Saft joint venture.
Johnson Controls is exhibiting a plug-in hybrid concept called the re3. Johnson Controls produced cells for lithium-ion hybrid vehicle batteries in France under the joint venture with Saft. Battery assemblies were developed and produced in Hannover(Germany), Zwickau (Germany) and Milwaukee (US)
Despite some signs of promise, Johnson Controls was increasingly dissatisfied with the restrictions of the agreement and also sought a more important ally. In May 2011, the American company requested the dissolution of Johnson Controls-Saft Advanced Power Solutions LLC to the Delaware Court of Chancery. The two companies agreed to the separation and Johnson Controls paid Saft $145 million for its shares in the joint venture, as well as for the right to use certain technology developed by it. Johnson Controls retained the Michigan facility built by the partnership. The French joint facility was transferred to Saft.
Brands
Coleman Heating & Air Conditioning
Coleman Heating & Air Conditioning is a major manufacturing brand of HVAC equipment, and was formerly an independent HVAC manufacturing company. The company began as a division of the Coleman Company in 1958 and was acquired by Evcon in 1990, which in turn was acquired by Johnson Controls in 1996. Of the twelve largest American furnace brand names represented at Gas Furnace Guide, the Coleman brand received an average ranking of 3.7 out of 5 stars.
York International
York International is the final name of a company started in York, Pennsylvania, US, in 1874, which developed the York brand of refrigeration and HVAC equipment. The York brand has been owned since August 2005 by Johnson Controls, when it was sold to them for $3.2 billion. At the time of the acquisition, it was the world's largest independent manufacturer of air conditioning, heating, and refrigeration machinery. Its stock symbol was formerly YRK.
Manufacturing
Johnson Controls operates HVAC manufacturing plants in the United States in Wichita, Kansas and Norman, Oklahoma. The Wichita plant primarily produces residential unitary equipment, such as air conditioners, furnaces, and heat pumps for the North American Market under various brands including York and Coleman. The Norman plant primarily produces rooftop units (RTUs) for commercial use.
Controversies
Merger with Tyco
On 25 January 2016, Johnson Controls announced that it would merge with Tyco International to create Johnson Controls International plc, a company headquartered in Cork, Ireland. The merger was completed in September 2016. Merging with the Irish company allowed Johnson Controls to become an Irish company itself, and enjoy sharply lowered corporate taxes, a process known as a tax inversion. This restructuring came at great expense of the workforce which was reduced by 52% between 2016 and 2022. The same occurred after the takeover of York International in 2005, which led to a reduction of 76% of the workforce between 2005 and 2016.
Hillary Clinton condemned the company for wanting to escape United States taxes through the merger after having "begged" the government for financial help in 2008. The Johnson deal was termed "outrageous" by Fortune magazine. The firm estimated that it would save about US$150 million a year by avoiding American taxes.
Tyco international scandal
In 2002, former chairman and chief executive Dennis Kozlowski and former chief financial officer Mark H. Swartz were accused of the theft of more than US$150 million from the company. During their trial in March 2004, they contended the board of directors authorized it as compensation.
Kozlowski was tried twice. The first attempt was a ruled mistrial when one of the jurors was threatened by the public after being reported to have made an OK sign towards Kozlowski's lawyers. Kozlowski testified on his own behalf during the second trial, stating that his pay package was "confusing" and "almost embarrassingly big," but that he never committed a crime as the company's top executive.
On 17 June 2005, after a retrial, Kozlowski and Swartz were convicted on all but one of the more than 30 counts against them. The verdicts carry potential jail terms of up to 25 years in state prison. Kozlowski and Swartz were each sentenced to no less than eight years and four months and no more than 25 years in prison. Then in May 2007, New Hampshire Federal District Court Judge Paul Barbadoro approved a class action settlement whereby Tyco agreed to pay $2.92 billion (in conjunction with $225 million by Pricewaterhouse Coopers, their auditors) to a class of defrauded shareholders represented by Grant & Eisenhofer P.A., Schiffrin, Barroway, Topaz & Kessler, and Milberg Weiss & Bershad.
On 17 January 2014, Kozlowski was granted parole from Lincoln Correctional Facility in New York City.
Bribery charges in China
In 2016, Johnson Controls agreed to pay $14.4M to settle Foreign Corrupt Practices Act charges with the SEC. According to the SEC, employees of China Marine, a subsidiary of Johnson Controls, employed sham vendors to transfer $4.9M worth of bribes to Chinese government-owned shipyards, to win over businesses and enrich themselves.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | JCI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 25.35Y avg ≈25.0 | ≈25.0 | · | · | |
| PEG Ratio | ≈0.6 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | JCI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 36.7%5Y avg ≈34.4% | ≈34.4% | · | · | |
| EBITDA Margin | 3.7%5Y avg ≈3.5% | ≈3.5% | · | · | |
| Pretax Margin (TTM) | 10.9%5Y avg ≈7.8% | ≈7.8% | · | · | |
| Net Profit Margin (TTM) | 14.3%5Y avg ≈8.3% | ≈8.3% | · | · | |
| ROA (TTM) | 8.7%5Y avg ≈4.8% | ≈4.8% | · | · | |
| ROE (TTM) | 24.4%5Y avg ≈12.6% | ≈12.6% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | JCI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.15Y avg ≈0.0 | ≈0.0 | · | · | |
| Current Ratio (MRQ) | 1.05Y avg ≈1.0 | ≈1.0 | · | · | |
| Quick Ratio | 0.65Y avg ≈0.6 | ≈0.6 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | JCI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 2.8%5Y avg ≈1.4% | ≈1.4% | · | · | |
| Revenue CAGR 3Y | 4.6%5Y avg ≈1.2% | ≈1.2% | · | · | |
| Revenue CAGR 5Y | 1.1% | · | · | · | |
| EPS YoY | 99.6%5Y avg ≈56.6% | ≈56.6% | · | · | |
| Net Income YoY | 93.0%5Y avg ≈51.8% | ≈51.8% | · | · | |
| EPS CAGR 3Y | 31.9%5Y avg ≈27.6% | ≈27.6% | · | · | |
| EPS CAGR 5Y | 43.0% | · | · | · | |
| Net Income CAGR 3Y | 29.0%5Y avg ≈24.5% | ≈24.5% | · | · | |
| Net Income CAGR 5Y | 39.1% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | JCI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.65Y avg ≈0.6 | ≈0.6 | · | · | |
| Inventory Turnover | 8.35Y avg ≈7.7 | ≈7.7 | · | · | |
| Receivables Turnover | 3.85Y avg ≈4.3 | ≈4.3 | · | · | |
| Revenue / Employee | ≈$271.2K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 21, 2026 | $0.40 | USD | ≈0.83% |
| Jun 15, 2026 | $0.40 | USD | ≈0.55% |
| Mar 16, 2026 | $0.40 | USD | ≈0.58% |
| Jun 23, 2025 | $0.37 | USD | ≈1.4% |
| Mar 24, 2025 | $0.37 | USD | ≈1.8% |
| Dec 23, 2024 | $0.37 | USD | ≈1.8% |
| Sep 25, 2024 | $0.37 | USD | ≈2.0% |
| Jun 24, 2024 | $0.37 | USD | ≈2.2% |
| Mar 22, 2024 | $0.37 | USD | ≈2.3% |
| Dec 15, 2023 | $0.37 | USD | ≈2.8% |
| Sep 22, 2023 | $0.37 | USD | ≈2.6% |
| Jun 16, 2023 | $0.37 | USD | ≈2.2% |
| Mar 17, 2023 | $0.36 | USD | ≈2.5% |
| Dec 16, 2022 | $0.35 | USD | ≈2.2% |
| Sep 23, 2022 | $0.35 | USD | ≈2.7% |
| Jun 17, 2022 | $0.35 | USD | ≈2.8% |
| Mar 18, 2022 | $0.35 | USD | ≈1.9% |
| Dec 17, 2021 | $0.34 | USD | ≈1.5% |
| Sep 24, 2021 | $0.27 | USD | ≈1.5% |
| Jun 18, 2021 | $0.27 | USD | ≈1.6% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | $1.42 | $1.32 | 7.9% | |
| March 31, 2026 | $1.19 | $1.13 | 5.4% | |
| Dec. 31, 2025 | $0.89 | $0.85 | 4.9% | |
| Sept. 30, 2025 | $1.26 | $1.21 | 3.9% | |
| June 30, 2025 | $1.05 | $1.02 | 2.7% | |
| March 31, 2025 | $0.82 | $0.79 | 3.2% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.60B | $22.95B | $22.33B | $20.64B | $23.67B | $22.32B | $23.97B | $23.40B | $22.84B | $20.84B | $17.10B | |
| Cost of Revenue | $15.00B | $14.88B | $14.53B | $13.55B | $15.61B | $14.91B | $16.27B | $15.73B | $15.30B | $15.18B | $12.57B | |
| Gross Profit | $8.59B | $8.08B | $7.80B | $7.09B | $8.06B | $7.41B | $7.69B | $7.67B | $7.53B | $5.65B | $4.53B | |
| R&D Expense | $273M | $267M | $251M | $236M | $275M | $274M | $319M | $310M | $307M | $158M | $134M | |
| SG&A Expense | $5.76B | $5.66B | $5.39B | $5.08B | $5.26B | $5.67B | $6.24B | $5.64B | $5.72B | $4.19B | $3.19B | |
| Interest Expense | · | · | · | $225M | $219M | $240M | $335M | $409M | $446M | $293M | $275M | |
| Pretax Income | $1.97B | $1.52B | $1.11B | $1.11B | $2.61B | $903M | $1.06B | $1.55B | $1.15B | $1.06B | $931M | |
| Income Tax | $245M | $111M | $-468M | $-182M | $868M | $108M | $-233M | $197M | $322M | $197M | $71M | |
| Net Income | $3.29B | $1.71B | $1.85B | $1.53B | $1.64B | $631M | $5.67B | $2.16B | $1.61B | $-868M | $1.56B | |
| EPS (Basic) | $5.04 | $2.53 | $2.70 | $2.20 | $2.28 | $0.84 | $6.52 | $2.34 | $1.72 | $-1.30 | $2.39 | |
| EPS (Diluted) | $5.03 | $2.52 | $2.69 | $2.19 | $2.27 | $0.84 | $6.49 | $2.32 | $1.71 | $-1.29 | $2.36 | |
| Shares (Basic) | 651,800,000 | 673,800,000 | 684,300,000 | 696,100,000 | 716,600,000 | 751,000,000 | 870,200,000 | 925,700,000 | 935,300,000 | 667,400,000 | 655,200,000 | |
| Shares (Diluted) | 654,100,000 | 676,000,000 | 687,400,000 | 699,600,000 | 721,100,000 | 753,600,000 | 874,300,000 | 931,700,000 | 944,600,000 | 672,600,000 | 661,500,000 | |
| EBITDA | $865M | $816M | $848M | $830M | $845M | $822M | $825M | $1.08B | $1.19B | $953M | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $379M | $606M | $828M | $2.03B | $1.34B | $1.95B | $2.81B | $185M | $301M | $579M | $553M | |
| Receivables | $6.27B | $6.05B | $5.49B | $5.73B | $5.61B | $5.29B | $5.77B | $5.62B | $6.67B | $6.39B | $5.75B | |
| Inventory | $1.82B | $1.77B | $1.87B | $2.67B | $2.06B | $1.77B | $1.81B | $1.82B | $3.21B | $2.89B | $2.38B | |
| Other Current Assets | $1.68B | $1.15B | $991M | $1.26B | $992M | $1.03B | $1.91B | $1.18B | $1.91B | $1.44B | $1.69B | |
| Current Assets | $10.16B | $11.18B | $10.74B | $11.69B | $10.00B | $10.05B | $12.39B | $11.82B | $12.29B | $17.11B | $10.47B | |
| PP&E (Net) | $2.19B | $2.40B | $2.37B | $2.27B | $3.23B | $3.06B | $3.35B | $3.30B | $3.34B | $5.63B | $3.68B | |
| PP&E (Gross) | $6.11B | $5.85B | $5.67B | $6.54B | $6.51B | $5.93B | $5.84B | $5.46B | $10.21B | $9.05B | $13.00B | |
| Accum. Depreciation | $3.92B | $3.44B | $3.29B | $3.41B | $3.29B | $2.87B | $2.50B | $2.16B | $4.09B | $3.42B | $7.13B | |
| Goodwill | $16.63B | $16.73B | $16.77B | $16.18B | $18.34B | $17.93B | $18.18B | $18.38B | $18.59B | $21.02B | $4.46B | |
| Intangibles | $3.61B | $4.13B | $4.77B | $5.16B | $5.55B | $5.36B | $5.63B | $6.19B | $6.74B | $7.54B | $1.52B | |
| Other Non-current Assets | $5.20B | $5.05B | $4.48B | $3.87B | $3.56B | $3.35B | $1.82B | $3.07B | $3.93B | $3.51B | $2.80B | |
| Total Assets | $37.94B | $42.70B | $42.24B | $42.16B | $41.89B | $40.81B | $42.29B | $48.80B | $51.88B | $63.18B | $29.59B | |
| Accounts Payable | $3.61B | $3.39B | $3.50B | $4.37B | $3.75B | $3.12B | $3.58B | $3.41B | $4.27B | $4.00B | $5.17B | |
| Short-term Debt | $723M | $953M | $361M | $669M | $8M | $31M | $10M | $1.31B | $1.21B | $1.08B | $52M | |
| Current Liabilities | $10.94B | $11.96B | $11.08B | $11.24B | $9.10B | $8.25B | $9.07B | $11.25B | $11.85B | $16.33B | $10.45B | |
| Capital Leases | $1.08B | $921M | $1.02B | $987M | $1.05B | · | · | · | · | · | · | |
| Deferred Tax | · | · | · | · | · | · | $36M | $727M | $1.73B | $1.54B | $391M | |
| Other Non-current Liabilities | $5.23B | $4.75B | $4.99B | $5.73B | $5.91B | $5.37B | $4.64B | $4.64B | $5.37B | $5.03B | $1.95B | |
| Long-term Debt | $9.20B | $8.57B | $8.46B | · | · | · | · | · | · | · | · | |
| Total Debt | $723M | $953M | $385M | $669M | $8M | $31M | $10M | $1.31B | $1.21B | $1.12B | · | |
| Common Stock | $6M | $7M | $7M | $7M | $7M | $8M | $8M | $10M | $9M | $9M | $7M | |
| Retained Earnings | $0 | $848M | $1.38B | $1.15B | $2.02B | $2.47B | $4.83B | $6.60B | $5.23B | $9.18B | $10.80B | |
| Treasury Stock | $1.30B | $1.27B | $1.24B | $1.20B | $1.15B | $1.12B | $1.09B | $1.05B | $710M | $20M | $3.15B | |
| AOCI | $-642M | $-964M | $-955M | $-911M | $-434M | $-776M | $-795M | $-946M | $-473M | $-1.15B | $-1.06B | |
| Stockholders' Equity | $12.93B | $16.10B | $16.55B | $16.27B | $17.56B | $17.45B | $19.77B | $21.16B | $20.45B | $24.12B | $10.34B | |
| Liabilities + Equity | $37.94B | $42.70B | $42.24B | $42.16B | $41.89B | $40.81B | $42.29B | $48.80B | $51.88B | $63.18B | $29.62B |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $865M | $816M | $745M | $717M | $845M | $822M | $825M | $824M | $919M | $953M | $860M | |
| Stock-based Comp | $140M | $107M | $107M | $98M | $76M | $74M | $95M | $106M | $134M | $142M | $90M | |
| Deferred Tax | $194M | $-407M | $-650M | $-191M | $36M | $-537M | $612M | $-739M | $573M | $-765M | $242M | |
| Amort. of Intangibles | $439M | $476M | $426M | $413M | $435M | $386M | $377M | $376M | $481M | $116M | $74M | |
| Restructuring | $546M | $510M | $1.05B | $701M | $242M | $783M | $235M | $255M | $347M | $288M | $215M | |
| Other Non-cash | $-1.94B | $-653M | $89M | $-333M | $-43M | $1.49B | $-5.46B | $-213M | $-3.50B | $2.91B | · | |
| Operating Cash Flow | $2.55B | $1.57B | $1.86B | $1.24B | $2.55B | $2.48B | $1.74B | $1.52B | $371M | $1.91B | $1.60B | |
| CapEx | $434M | $494M | $446M | $487M | $552M | $443M | $586M | $645M | $760M | $1.25B | $1.14B | |
| Investing Cash Flow | · | · | $-1.18B | $-693M | $-1.09B | $-258M | $-533M | $1.57B | $-648M | $-887M | $470M | |
| Net Debt Issued | · | · | · | $-184M | $-507M | $-1.39B | $-2.33B | $-3.73B | $-1.30B | $-1.30B | · | |
| Stock Repurchased | $5.99B | $1.25B | $625M | $1.44B | $1.31B | $2.20B | $5.98B | $300M | $651M | $501M | $1.36B | |
| Net Stock Activity | $-5.99B | $-1.25B | $-625M | $-1.44B | $-1.31B | $-2.20B | $-5.98B | $-300M | $-651M | $-501M | · | |
| Dividends Paid | $976M | $1.00B | $980M | $916M | $762M | $790M | $920M | $954M | $702M | $915M | $657M | |
| Financing Cash Flow | · | · | $-2.17B | $-516M | $-2.13B | $-2.82B | $-10.52B | $-3.75B | $-649M | $-946M | $-1.82B | |
| Net Change in Cash | $-369M | $-150M | $-1.15B | $725M | $-618M | $-861M | $2.62B | $-132M | $-322M | $26M | $189M | |
| Taxes Paid | $606M | $704M | $294M | $439M | $504M | $-386M | $377M | $81M | · | · | · | |
| Free Cash Flow | $2.12B | $1.07B | $1.68B | $1.40B | $2.00B | $2.04B | $1.16B | $1.48B | $-1.33B | $646M | · | |
| Levered FCF | · | · | · | $1.17B | $1.85B | $1.82B | $748M | $1.12B | $-1.67B | $773M | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.4% | 35.2% | 33.5% | 33.0% | 34.1% | 33.2% | 32.1% | 29.9% | 30.9% | 19.4% | · | |
| Net Margin | 14.0% | 7.4% | 6.9% | 6.1% | 6.9% | 2.8% | 23.7% | 6.9% | 5.3% | -2.3% | · | |
| Pretax Margin | 8.3% | 6.6% | 6.4% | 6.8% | 11.0% | 4.0% | 4.4% | 9.2% | 8.5% | 4.2% | · | |
| EBITDA Margin | 3.7% | 3.6% | 3.2% | 3.3% | 3.6% | 3.7% | 3.4% | 3.5% | 3.9% | 2.5% | · | |
| ROA | 8.2% | 4.0% | 4.4% | 3.6% | 4.0% | 1.5% | 12.5% | 4.3% | 2.8% | -1.9% | · | |
| ROE | 22.7% | 10.4% | 11.3% | 9.3% | 9.2% | 3.6% | 28.3% | 10.3% | 7.2% | -5.0% | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | 0.9 | 1.0 | 1.0 | 1.1 | 1.2 | 1.4 | 1.1 | 1.0 | 1.1 | · | |
| Quick Ratio | 0.6 | 0.6 | 0.6 | 0.7 | 0.8 | 0.9 | 0.9 | 0.6 | 0.6 | 0.5 | · | |
| Debt / Equity | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.5 | 0.8 | · | |
| Inventory Turnover | 8.3 | 8.2 | 6.6 | 7.4 | 8.2 | 8.3 | 9.0 | 6.8 | 6.8 | 10.2 | · | |
| Receivables Turnover | 3.8 | 4.0 | 4.6 | 4.5 | 4.3 | 4.0 | 4.2 | 4.6 | 4.6 | 5.5 | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $36.07 | $33.95 | $38.98 | $36.16 | $32.82 | $29.61 | $27.41 | $33.70 | $31.94 | $56.45 | · | |
| Cash Flow / Share | $3.90 | $2.32 | $3.23 | $2.84 | $3.54 | $3.29 | $1.99 | $2.70 | $0.01 | $2.84 | · | |
| Dividend / Share | $1.51 | $1.48 | $1.45 | $1.39 | $1.07 | $1.04 | $1.04 | $1.04 | $1.00 | $1.16 | $1.04 | |
| EPS (TTM) | $5.03 | $2.52 | $2.69 | $2.19 | $2.27 | $0.84 | $6.49 | $2.32 | $1.71 | $-1.29 | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 2.8% | 2.8% | 8.2% | -12.8% | 6.0% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 4.6% | -1.0% | 0.02% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 1.1% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 99.6% | -6.3% | 22.8% | -3.5% | 170.2% | · | · | · | · | · | · | |
| EPS CAGR 3Y | 31.9% | 3.5% | 47.4% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 43.0% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 93.0% | -7.8% | 20.7% | -6.4% | 159.4% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 29.0% | 1.4% | 43.1% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 39.1% | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 4.3% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $23.60B | $22.95B | $22.33B | $20.64B | $23.67B | $22.32B | $23.97B | $23.40B | $22.84B | $20.84B | · | |
| Net Income TTM | $3.29B | $1.71B | $1.85B | $1.53B | $1.64B | $631M | $5.67B | $2.16B | $1.61B | $-868M | · | |
| P/E | 21.9 | 30.8 | 19.8 | 22.5 | 30.0 | 48.6 | 6.8 | 15.1 | 23.6 | -36.1 | · | |
| Earnings Yield | 4.6% | 3.2% | 5.1% | 4.5% | 3.3% | 2.1% | 14.8% | 6.6% | 4.2% | -2.8% | · | |
| Payout Ratio | 29.7% | 58.7% | 53.0% | 59.8% | 46.6% | 125.2% | 16.2% | 44.1% | 43.6% | -105.4% | · | |
| Annual Payout | $976M | $1.00B | $980M | $916M | $762M | $790M | $920M | $954M | $702M | $915M | · |
Income Statement
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.61B | $6.14B | $5.80B | $6.44B | $6.05B | $5.68B | $5.43B | $6.25B | $5.90B | $5.60B | $5.21B | $2.44B | $7.13B | $6.69B | $6.07B | $2.06B | |
| Cost of Revenue | $4.14B | $3.88B | $3.72B | $4.09B | $3.81B | $3.61B | $3.50B | $3.98B | $3.79B | $3.67B | $3.43B | $1.40B | $4.70B | $4.45B | $3.98B | $1.02B | |
| Gross Profit | $2.47B | $2.26B | $2.07B | $2.35B | $2.25B | $2.07B | $1.93B | $2.27B | $2.11B | $1.92B | $1.78B | $1.04B | $2.43B | $2.24B | $2.09B | $1.04B | |
| SG&A Expense | $1.41B | $1.40B | $1.22B | $1.52B | $1.42B | $1.43B | $1.40B | $1.37B | $895M | $2.06B | $1.33B | $682M | $1.55B | $1.58B | $1.57B | $666M | |
| Interest Expense | $58M | $60M | $42M | · | $55M | $56M | $67M | · | · | · | · | · | $79M | $71M | $69M | · | |
| Pretax Income | $917M | $738M | $708M | $355M | $705M | $501M | $408M | $648M | $1.02B | $-471M | $320M | $-73M | $793M | $223M | $170M | $8M | |
| Income Tax | $165M | $126M | $152M | $85M | $87M | $26M | $47M | $110M | $174M | $-153M | $-20M | $-202M | $-329M | $49M | $14M | $-372M | |
| Net Income | $749M | $613M | $524M | $1.69B | $701M | $478M | $419M | $633M | $975M | $-277M | $374M | $549M | $1.05B | $133M | $118M | $761M | |
| EPS (Basic) | $1.23 | $1.01 | $0.86 | $2.61 | $1.07 | $0.73 | $0.63 | $0.94 | $1.45 | $-0.41 | $0.55 | $0.80 | $1.54 | $0.19 | $0.17 | $1.09 | |
| EPS (Diluted) | $1.23 | $1.00 | $0.85 | $2.61 | $1.07 | $0.72 | $0.63 | $0.93 | $1.45 | $-0.41 | $0.55 | $0.80 | $1.53 | $0.19 | $0.17 | $1.08 | |
| Shares (Basic) | 608,000,000 | 612,000,000 | 611,000,000 | · | 655,000,000 | 659,000,000 | 662,000,000 | · | 670,300,000 | 679,000,000 | 680,700,000 | · | 683,300,000 | 686,800,000 | 687,000,000 | · | |
| Shares (Diluted) | 610,000,000 | 614,000,000 | 614,000,000 | · | 657,000,000 | 661,000,000 | 665,000,000 | · | 672,800,000 | 679,000,000 | 682,400,000 | · | 686,200,000 | 689,700,000 | 690,300,000 | · | |
| EBITDA | · | · | $164M | · | · | · | $193M | · | · | · | $231M | · | · | · | $203M | · |
Balance Sheet
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $641M | $698M | $552M | $379M | $731M | $795M | $1.24B | $606M | $862M | $843M | $1.80B | $828M | $1.06B | $1.98B | $1.51B | $2.03B | |
| Receivables | $6.97B | $6.61B | $6.19B | $6.27B | $6.15B | $5.86B | $5.61B | $6.05B | $6.67B | $6.69B | $6.04B | · | $6.54B | $6.00B | $5.72B | · | |
| Inventory | $1.96B | $1.93B | $1.93B | $1.82B | $1.83B | $1.76B | $1.74B | $1.77B | $2.86B | $2.99B | $3.01B | · | $3.09B | $3.05B | $2.90B | · | |
| Other Current Assets | $1.71B | $1.73B | $1.75B | $1.68B | $1.15B | $1.08B | $1.04B | $1.15B | $1.56B | $1.35B | $1.20B | · | $1.32B | $1.28B | $1.29B | · | |
| Current Assets | $11.28B | $10.99B | $10.44B | $10.16B | $11.85B | $11.35B | $11.29B | $11.18B | $12.15B | $11.88B | $12.05B | · | $12.01B | $12.76B | $11.84B | · | |
| PP&E (Net) | $1.98B | $2.10B | $2.13B | $2.19B | $2.46B | $2.42B | $2.42B | $2.40B | $3.01B | $3.10B | $3.13B | $2.37B | $3.19B | $3.09B | $3.10B | $2.27B | |
| PP&E (Gross) | · | · | · | $6.11B | · | · | · | $5.85B | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | · | $3.92B | · | · | · | $3.44B | · | · | · | · | · | · | · | · | |
| Goodwill | $16.61B | $16.55B | $16.61B | $16.63B | $16.71B | $16.51B | $16.41B | $16.73B | $17.68B | $17.76B | $18.12B | $16.77B | $17.64B | $17.56B | $17.68B | $16.18B | |
| Intangibles | $3.55B | $3.48B | $3.55B | $3.61B | $3.86B | $3.88B | $3.96B | $4.13B | $4.32B | $4.72B | $4.83B | · | $4.83B | $4.63B | $4.67B | · | |
| Other Non-current Assets | $5.11B | $5.12B | $5.14B | $5.20B | $5.35B | $5.10B | $5.03B | $5.05B | $4.63B | $4.83B | $4.69B | · | $4.12B | $3.94B | $3.86B | · | |
| Total Assets | $38.76B | $38.35B | $37.98B | $37.94B | $43.39B | $42.37B | $42.10B | $42.70B | $43.33B | $43.46B | $43.98B | · | $42.78B | $43.42B | $42.80B | $42.16B | |
| Accounts Payable | $3.92B | $3.61B | $3.61B | $3.61B | $3.42B | $3.25B | $3.21B | $3.39B | $4.13B | $4.02B | $3.98B | · | $4.30B | $4.35B | $4.14B | · | |
| Short-term Debt | $865M | $882M | $436M | $723M | $1.28B | $1.26B | $882M | $953M | $1.52B | $2.21B | $2.00B | · | $186M | $1.74B | $1.03B | · | |
| Current Liabilities | $11.28B | $10.61B | $10.50B | $10.94B | $12.35B | $11.82B | $11.08B | $11.96B | $12.72B | $13.60B | $12.41B | · | $11.13B | $12.40B | $11.56B | · | |
| Capital Leases | · | · | · | $1.08B | $1.07B | $955M | $932M | $921M | $935M | $1.04B | $1.08B | · | $1.11B | $1.03B | $1.02B | · | |
| Other Non-current Liabilities | $5.45B | $5.38B | $5.33B | $5.23B | $4.97B | $4.74B | $4.70B | $4.75B | $5.16B | $5.42B | $5.47B | · | $5.36B | $5.69B | $5.79B | · | |
| Long-term Debt | · | · | · | $9.20B | · | · | · | $8.57B | · | · | · | · | · | · | · | · | |
| Total Debt | $865M | $882M | $436M | · | $1.28B | $1.26B | $882M | · | $1.52B | $2.21B | $2.00B | · | $186M | $1.74B | $1.03B | · | |
| Common Stock | $6M | $6M | $6M | $6M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | · | $7M | $7M | $7M | · | |
| Retained Earnings | $0 | $0 | $278M | $0 | $746M | $599M | $691M | $848M | $831M | $507M | $1.51B | · | $1.10B | $669M | $874M | · | |
| Treasury Stock | $1.36B | $1.36B | $1.35B | $1.30B | $1.30B | $1.30B | $1.30B | $1.27B | $1.27B | $1.26B | $1.26B | · | $1.24B | $1.24B | $1.23B | · | |
| AOCI | $-431M | $-494M | $-631M | $-642M | $-1.28B | $-1.13B | $-1.04B | $-964M | $-1.05B | $-1.00B | $-933M | · | $-870M | $-846M | $-864M | · | |
| Stockholders' Equity | $13.48B | $13.52B | $13.20B | $12.93B | $15.83B | $15.80B | $15.90B | $16.10B | $15.97B | $15.66B | $16.70B | · | $16.32B | $15.89B | $16.05B | · | |
| Liabilities + Equity | $38.76B | $38.35B | $37.98B | $37.94B | $43.39B | $42.37B | $42.10B | $42.70B | $43.33B | $43.46B | $43.98B | · | $42.78B | $43.42B | $42.80B | · |
Cash Flow
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $162M | $169M | $164M | $280M | $190M | $202M | $193M | $192M | $157M | $192M | $208M | $124M | $212M | $206M | $203M | $84M | |
| Stock-based Comp | $29M | $32M | $34M | $33M | $48M | $31M | $28M | $26M | $25M | $24M | $29M | $15M | $31M | $31M | $30M | $19M | |
| Deferred Tax | $-61M | $-18M | $21M | $340M | $-39M | $-53M | $-54M | $-4M | $-3M | $-349M | $-80M | $-380M | $-102M | $-76M | $-92M | $50M | |
| Amort. of Intangibles | $90M | $87M | $87M | $97M | $110M | $112M | $120M | $119M | $116M | $122M | $119M | $107M | $111M | $104M | $104M | $87M | |
| Restructuring | $80M | $57M | $87M | $400M | $51M | $62M | $33M | · | · | · | · | · | · | · | · | $147M | |
| Other Non-cash | · | · | $-132M | · | · | · | $-337M | · | · | · | $-811M | · | · | · | $-555M | · | |
| Operating Cash Flow | $1.29B | $672M | $611M | $968M | $787M | $550M | $249M | $1.35B | $665M | $-191M | $-111M | $1.02B | $813M | $314M | $-296M | $426M | |
| CapEx | $95M | $68M | $80M | $130M | $94M | $94M | $116M | $195M | $74M | $118M | $82M | $80M | $111M | $121M | $134M | $57M | |
| Investing Cash Flow | · | · | · | · | · | · | · | · | $-99M | $-137M | $-74M | · | $-262M | $-125M | $-189M | · | |
| Debt Issued | $229M | $200M | $116M | · | $0 | $0 | $1.37B | · | $859M | $0 | $422M | · | $855M | $162M | $154M | · | |
| Net Debt Issued | · | · | $116M | · | · | · | $775M | · | · | · | $422M | · | · | · | · | · | |
| Stock Repurchased | $635M | $215M | $0 | $5.02B | $310M | $330M | $330M | $370M | $402M | $474M | $0 | $12M | $366M | $93M | $154M | $14M | |
| Net Stock Activity | · | · | $0 | · | · | · | $-330M | · | · | · | $0 | · | · | · | $-154M | · | |
| Dividends Paid | $245M | $244M | $245M | $243M | $243M | $245M | $245M | $247M | $249M | $252M | $252M | $251M | $248M | $240M | $241M | $242M | |
| Financing Cash Flow | · | · | $-464M | · | · | · | $201M | · | $-999M | $-551M | $1.23B | · | $-1.37B | $253M | $9M | · | |
| Net Change in Cash | $-55M | $140M | $175M | $-358M | $-62M | $-440M | $491M | $-121M | $-65M | $-931M | $973M | $-224M | $-897M | $464M | $-490M | $526M | |
| Free Cash Flow | · | · | $531M | · | · | · | $133M | · | · | · | $-338M | · | · | · | $-430M | · | |
| Levered FCF | · | · | $498M | · | · | · | · | · | · | · | · | · | · | · | $-493M | · |
Profitability
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.4% | 36.8% | 35.8% | · | 37.1% | 36.4% | 35.5% | · | 34.4% | 32.6% | 32.7% | · | 34.1% | 33.5% | 34.5% | · | |
| Net Margin | 11.3% | 10.0% | 9.0% | · | 11.6% | 8.4% | 7.7% | · | 13.5% | -4.1% | 6.1% | · | 14.7% | 2.0% | 1.9% | · | |
| Pretax Margin | 13.9% | 12.0% | 12.2% | · | 11.7% | 8.8% | 7.5% | · | 17.7% | -5.4% | 6.6% | · | 11.1% | 3.3% | 2.8% | · | |
| EBITDA Margin | · | · | 2.8% | · | · | · | 3.6% | · | · | · | 3.8% | · | · | · | 3.4% | · | |
| ROA | 1.8% | 1.5% | 1.3% | · | 1.6% | 1.1% | 0.97% | · | 2.3% | -0.64% | 0.86% | · | 2.5% | 0.31% | 0.28% | · | |
| ROE | 5.1% | 4.2% | 3.6% | · | 4.4% | 3.0% | 2.6% | · | 6.0% | -1.8% | 2.3% | · | 6.5% | 0.82% | 0.71% | · |
Liquidity & Solvency
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.0 | 1.0 | · | 1.0 | 1.0 | 1.0 | · | 1.0 | 0.9 | 1.0 | · | 1.1 | 1.0 | 1.0 | · | |
| Quick Ratio | 0.7 | 0.7 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.7 | 0.6 | 0.6 | · | |
| Debt / Equity | 0.1 | 0.1 | 0.0 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.0 | 0.1 | 0.1 | · |
Efficiency
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.2 | 0.2 | 0.1 | · | 0.2 | 0.2 | 0.1 | · | |
| Inventory Turnover | 2.2 | 2.1 | 2.0 | · | 1.6 | 1.5 | 1.5 | · | 1.6 | 1.5 | 1.4 | · | 1.7 | 1.6 | 1.5 | · | |
| Receivables Turnover | 1.0 | 1.0 | 1.0 | · | 0.9 | 0.9 | 0.9 | · | 1.1 | 1.1 | 1.0 | · | 1.2 | 1.1 | 1.1 | · |
Per Share
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $10.84 | $10.00 | $9.44 | · | $9.21 | $8.59 | $8.16 | · | $10.75 | $9.87 | $8.93 | · | $10.39 | $9.69 | $8.79 | · | |
| Cash Flow / Share | · | · | $1.00 | · | · | · | $0.37 | · | · | · | $-0.36 | · | · | · | $-0.43 | · | |
| Dividend / Share | $0.40 | $0.40 | $0.40 | $0.40 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.37 | $0.36 | $0.35 | $0.35 | |
| EPS (TTM) | $5.69 | $5.53 | $5.25 | · | $3.35 | $3.73 | $2.60 | · | $2.39 | $2.47 | $3.07 | · | $2.97 | $1.99 | $1.82 | · |
Valuation (TTM)
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $25.00B | $24.43B | $23.97B | · | $23.40B | $23.25B | $23.17B | · | $19.15B | $20.38B | $21.47B | · | $21.95B | $21.43B | $20.84B | · | |
| Net Income TTM | $3.58B | $3.53B | $3.40B | · | $2.23B | $2.50B | $1.75B | · | $1.62B | $1.70B | $2.10B | · | $2.06B | $1.39B | $1.27B | · | |
| P/E | 25.7 | 23.7 | 22.8 | · | 31.5 | 21.5 | 30.4 | · | 27.8 | 26.4 | 18.8 | · | 22.9 | 30.3 | 35.2 | · | |
| Earnings Yield | 3.9% | 4.2% | 4.4% | · | 3.2% | 4.7% | 3.3% | · | 3.6% | 3.8% | 5.3% | · | 4.4% | 3.3% | 2.8% | · | |
| Payout Ratio | · | · | 46.8% | · | · | · | 58.5% | · | · | · | 67.4% | · | · | · | 204.2% | · | |
| Annual Payout | $977M | $975M | $976M | · | $980M | $986M | $993M | · | $1.00B | $1.00B | $991M | · | $971M | $967M | $966M | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Revenue | $23.60B | $22.95B | $22.33B | $20.64B | $23.67B |
| Gross Margin % | 36.4% | 35.2% | 33.5% | 33.0% | 34.1% |
| Net Income | $3.29B | $1.71B | $1.85B | $1.53B | $1.64B |
| Diluted EPS | $5.03 | $2.52 | $2.69 | $2.19 | $2.27 |
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Debt / Equity | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Current Ratio | 0.9 | 0.9 | 1.0 | 1.0 | 1.1 |
| Quick Ratio | 0.6 | 0.6 | 0.6 | 0.7 | 0.8 |
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Free Cash Flow | $2.12B | $1.07B | $1.68B | $1.40B | $2.00B |
Institutional owners (13F) 1,716 filers · $87.7B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 163 (-76 vs prior Q) | 83 (0 vs prior Q) | 640 (+78 vs prior Q) | 573 (-16 vs prior Q) | +8.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Dodge & Cox | $8,149,432,237 | 55,776,006 | 9.29% | Shares |
| BlackRock, Inc. | $7,949,276,305 | 54,406,108 | 9.06% | Shares |
| VANGUARD GROUP INC | $7,906,200,603 | 66,022,552 | 9.01% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $5,821,912,502 | 39,846,092 | 6.64% | Shares |
| STATE STREET CORP | $4,143,673,668 | 28,283,873 | 4.72% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,963,462,195 | 20,282,405 | 3.38% | Shares |
| BANK OF AMERICA CORP /DE/ | $2,581,851,734 | 17,670,603 | 2.94% | Shares |
| Invesco Ltd. | $2,565,017,081 | 17,555,383 | 2.92% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $2,035,183,322 | 13,994,098 | 2.32% | Shares |
| MORGAN STANLEY | $1,737,613,965 | 11,892,502 | 1.98% | Shares |
| Fisher Asset Management, LLC | $1,573,502,297 | 10,769,298 | 1.79% | Shares |
| FRANKLIN RESOURCES INC | $1,304,278,932 | 8,926,692 | 1.49% | Shares |
| FIRST TRUST ADVISORS LP | $1,232,210,891 | 8,433,447 | 1.40% | Shares |
| NORGES BANK | $1,207,106,905 | 8,261,631 | 1.38% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $1,159,749,294 | 7,937,508 | 1.32% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1,028,471,218 | 7,853,923 | 1.17% | Shares |
| RAYMOND JAMES FINANCIAL INC | $983,543,118 | 6,731,525 | 1.12% | Shares |
| UBS Group AG | $951,593,682 | 6,512,858 | 1.08% | Shares |
| NORTHERN TRUST CORP | $924,858,620 | 6,329,879 | 1.05% | Shares |
| FMR LLC | $900,386,349 | 6,162,386 | 1.03% | Shares |
| GOLDMAN SACHS GROUP INC | $773,305,932 | 5,292,628 | 0.88% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $646,950,092 | 4,496,456 | 0.74% | Shares |
| Legal & General Group Plc | $643,781,262 | 4,406,141 | 0.73% | Shares |
| VIKING GLOBAL INVESTORS LP | $614,055,620 | 4,202,694 | 0.70% | Shares |
| Newport Trust Company, LLC | $593,850,361 | 4,064,406 | 0.68% | Shares |
| Clearbridge Investments, LLC | $572,756,864 | 3,920,039 | 0.65% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $562,125,350 | 3,847,275 | 0.64% | Shares |
| Amundi | $561,675,196 | 3,844,203 | 0.64% | Shares |
| D1 Capital Partners L.P. | $548,188,210 | 3,751,887 | 0.62% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $540,062,922 | 3,696,275 | 0.62% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $523,005,360 | 3,580,345 | 0.60% | Shares |
| JPMORGAN CHASE & CO | $518,681,737 | 3,692,473 | 0.59% | Shares |
| Bank of New York Mellon Corp | $510,976,979 | 3,497,207 | 0.58% | Shares |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $510,123,340 | 3,491,365 | 0.58% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $501,301,364 | 3,430,986 | 0.57% | Shares |
| DEUTSCHE BANK AG\ | $497,865,003 | 3,407,467 | 0.57% | Shares |
| Capital World Investors | $446,173,477 | 3,053,682 | 0.51% | Shares |
| LYRICAL ASSET MANAGEMENT LP | $437,807,365 | 2,996,423 | 0.50% | Shares |
| Winslow Capital Management, LLC | $430,450,435 | 2,946,071 | 0.49% | Shares |
| ROYAL BANK OF CANADA | $397,212,000 | 2,718,583 | 0.45% | Shares |
| HSBC HOLDINGS PLC | $381,589,426 | 2,604,819 | 0.43% | Shares |
| JANE STREET GROUP, LLC | $364,406,960 | 2,494,059 | 0.42% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $354,528,820 | 2,432,111 | 0.40% | Shares |
| Pictet Asset Management Holding SA | $340,501,197 | 2,331,718 | 0.39% | Shares |
| Nuveen, LLC | $338,650,064 | 2,317,775 | 0.39% | Shares |
| AMERICAN CENTURY COMPANIES INC | $314,323,229 | 2,151,277 | 0.36% | Shares |
| National Pension Service | $305,040,714 | 2,087,747 | 0.35% | Shares |
| SATURNA CAPITAL CORP | $286,940,557 | 1,958,722 | 0.33% | Shares |
| M&G PLC | $285,778,356 | 1,957,386 | 0.33% | Shares |
| D. E. Shaw & Co., Inc. | $274,334,675 | 1,877,590 | 0.31% | Shares |
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Undisclosed reporting person | Dec. 27, 2001 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | Oct. 22, 2001 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | Sept. 17, 2001 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | Sept. 17, 2001 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Jan. 9, 2001 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 99 insiders · 57 officers · 38 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Joakim Weidemanis | Chief Executive Officer | March 12, 2026 F | 54,628 | 0 | 0 | $0 |
| Alex A Molinaroli | Chairman & CEO | Sept. 1, 2017 F | 1,293,650 | 0 | 0 | $0 |
| Richard J Meelia | Former CEO-Tyco Healthcare | June 29, 2007 D | 293,644 | 0 | 0 | $0 |
| Thomas J Lynch | Former CEO-Tyco Electronics | June 29, 2007 D | 198,500 | 0 | 0 | $0 |
| Olivier Leonetti | EVP and CFO | Dec. 18, 2023 A | 111,030 | 0 | 0 | $0 |
| Robert E Olson | EVP, CFO | Sept. 2, 2016 A | 21,196 | 0 | 0 | $0 |
| Arun Nayar | EVP, CFO | Nov. 9, 2015 A | 103,344 | 0 | 0 | $0 |
| Frank S Sklarsky | EVP and CFO | Dec. 9, 2011 F | 61,878 | 0 | 0 | $0 |
| COUGHLIN CHRISTOPHER J | EVP and CFO | Nov. 26, 2010 F | 88,558 | 0 | 0 | $0 |
| David J Fitzpatrick | EVP & Chief Financial Officer | Aug. 2, 2004 A | 79,500 | 0 | 0 | $0 |
| Jurgen W K Gromer | President-Tyco Elec. | May 21, 2007 M | 117,969 | 0 | 0 | $0 |
| David Eugene Robinson | President - TFS | March 26, 2007 F | 195,158 | 0 | 0 | $0 |
| Terry A Sutter | President-TPA | Aug. 9, 2005 M | 111,000 | 0 | 0 | $0 |
| Brian L Mcdonald | COO, Install & Service | Nov. 20, 2014 F | 73,439 | 0 | 0 | $0 |
| Christopher M Scalia | EVP and CHRO | July 14, 2026 F | 23,878 | 0 | 0 | $0 |
| Todd M Grabowski | VP and President, Americas | June 9, 2026 S | 26,215 | 0 | 4 | $-1,701,147 |
| Brandt Julie M Heuer | VP, President Global Field Ops | April 10, 2026 F | 54,813 | 0 | 0 | $0 |
| Daniel C Mcconeghy | VP Chief Accounting & Tax Ofcr | Feb. 23, 2026 S | 24,273 | 0 | 1 | $-513,216 |
| Susan Mckee Hughes | VP and President, APAC | Jan. 26, 2026 A | 23,190 | 0 | 0 | $0 |
| John Donofrio | Exec VP & General Counsel | Dec. 10, 2025 S | 19,512 | 0 | 1 | $-2,505,020 |
| Richard Lek | VP & President, EMEALA | Dec. 8, 2025 D | 6,043 | 0 | 0 | $0 |
| Anuruddha Rathninde | VP and President, APAC | Dec. 8, 2025 F | 57,691 | 0 | 0 | $0 |
| Nathan D Manning | VP and President, Americas | Sept. 2, 2025 S | 139,459 | 0 | 0 | $0 |
| Marlon Sullivan | EVP and CHRO | Dec. 18, 2024 F | 31,048 | 0 | 0 | $0 |
| Rodney Clark | Chief Commercial Officer | June 1, 2023 F | 76,722 | 0 | 0 | $0 |
| Michael J Ellis | EVP Chief Digital & Customer O | Dec. 12, 2022 M | 8,101 | 0 | 0 | $0 |
| Sreeganesh Ramaswamy | VP & Pres, Global Services | Dec. 10, 2022 F | 63,384 | 0 | 0 | $0 |
| Tomas Brannemo | VP & President, BTS EMEALA | Dec. 8, 2022 A | 45,718 | 0 | 0 | $0 |
| Robert M Vanhimbergen | VP Corporate Controller | Feb. 25, 2022 M | 39,618 | 0 | 0 | $0 |
| Visal Leng | VP & Pres, APAC BTS | Jan. 12, 2022 M | 109,419 | 0 | 0 | $0 |
| Jeffrey M Williams | VP & Pres G Prod Bldg Tech Sol | Dec. 10, 2021 F | 66,751 | 0 | 0 | $0 |
| Lynn C Minella | Vice President, CHRO | June 7, 2021 M | 77,009 | 0 | 0 | $0 |
| Brian J Stief | Vice Chairman | Dec. 8, 2020 I | 18,103 | 0 | 0 | $0 |
| Rodney M Rushing | Pres. Bldg Solutions, North Am | Dec. 11, 2019 S | 22,891 | 0 | 0 | $0 |
| Joseph A Walicki | Vice President & President, PS | Dec. 6, 2018 A | 183,147 | 0 | 0 | $0 |
| William C Jackson | VP & Pres Global Products BT&S | Dec. 6, 2018 A | 270,012 | 0 | 0 | $0 |
| Trent M Nevill | VP & President, Asia Pacific | Dec. 7, 2017 A | 57,027 | 0 | 0 | $0 |
| Suzanne M Vincent | VP, Controller & CAO | Nov. 20, 2017 F | 42,548 | 0 | 0 | $0 |
| Judith A Reinsdorf | Executive VP & General Counsel | Oct. 12, 2017 F | 300,749 | 0 | 0 | $0 |
| Johan Fredrik Pfeiffer | Pres. Bldg. Solutions EMEA | March 2, 2017 F | 66,722 | 0 | 0 | $0 |
| Simon Davis | VP & Chief Human Resources Ofc | Nov. 18, 2016 A | 67,045 | 0 | 0 | $0 |
| Bruce R Mcdonald | Executive VP and Vice Chairman | Sept. 8, 2016 A | 2,111 | 0 | 0 | $0 |
| Madeleine G Barber | SVP Tax | Sept. 2, 2016 A | 62,363 | 0 | 0 | $0 |
| Lawrence B Costello | EVP Human Resources | Sept. 2, 2016 A | 77,999 | 0 | 0 | $0 |
| Sam Eldessouky | SVP, Controller | Nov. 20, 2015 F | 17,838 | 0 | 0 | $0 |
| Naren K Gursahaney | Pres., Tyco Security Solutions | Sept. 6, 2012 F | 104,848 | 0 | 0 | $0 |
| Laurie Siegel | SVP, Human Resources | Aug. 20, 2012 M | 41,285 | 0 | 0 | $0 |
| Carol Anthony Davidson | SVP and Controller | Aug. 17, 2012 M | 14,617 | 0 | 0 | $0 |
| Shelley Stewart JR | SVP, Op Excellence | Feb. 3, 2012 S | 28,617 | 0 | 0 | $0 |
| John E Evard JR | SVP, Tax | July 2, 2011 M | 7,850 | 0 | 0 | $0 |
| Edward C Arditte | SVP, Strategy and IR | Nov. 21, 2009 M | 20,330 | 0 | 0 | $0 |
| Dean Seavers | Pres. SimplexGrinnell | July 2, 2007 A | · | 0 | 0 | $0 |
| Martina Hundmejean | SVP, Treasurer | July 2, 2007 A | 64,277 | 0 | 0 | $0 |
| Eric M Pillmore | SVP, Corp. Governance | May 25, 2007 M | 70,020 | 0 | 0 | $0 |
| William B Lytton | EVP & General Counsel | March 26, 2007 F | 118,514 | 0 | 0 | $0 |
| Dana S Deasy | Chief Information Officer | Nov. 22, 2005 A | 51,918 | 0 | 0 | $0 |
| Charles H Young | SVP, Communications | Nov. 22, 2005 A | 41,843 | 0 | 0 | $0 |
| Pierre E Cohade | Director | Aug. 19, 2026 S | 10,775 | 0 | 1 | $-487,707 |
| Irene M Esteves | Director | June 8, 2026 A | 937 | 0 | 0 | $0 |
| Seetarama Kotagiri | Director | March 4, 2026 F | 4,023 | 0 | 0 | $0 |
| Ayesha Khanna | Director | March 4, 2026 F | 5,584 | 0 | 0 | $0 |
| Juergen Tinggren | Director | March 4, 2026 F | 31,236 | 0 | 0 | $0 |
| John D Young | Director | March 4, 2026 F | 17,157 | 0 | 0 | $0 |
| Mark Vergnano | Director | March 4, 2026 F | 30,107 | 1 | 0 | $1,011,320 |
| Patrick Decker | Director | March 4, 2026 F | 2,026 | 0 | 0 | $0 |
| Timothy Archer | Director | March 4, 2026 F | 4,460 | 0 | 0 | $0 |
| Webster Roy Dunbar | Director | March 4, 2026 F | 17,353 | 0 | 0 | $0 |
| Jean S Blackwell | Director | March 4, 2026 F | 10,158 | 0 | 0 | $0 |
| Gretchen R Haggerty | Director | March 4, 2026 F | 22,862 | 0 | 0 | $0 |
| George Oliver | Director | May 23, 2025 G | 901,360 | 0 | 0 | $0 |
| Simone Menne | Director | March 12, 2025 F | 13,579 | 0 | 0 | $0 |
| Michael E Daniels | Director | March 9, 2024 F | 75,516 | 0 | 0 | $0 |
| David R Yost | Director | March 8, 2023 M | 54,888 | 0 | 0 | $0 |
| Perochena Juan Pablo Del Valle | Director | March 9, 2022 F | 10,631 | 0 | 0 | $0 |
| Brian Duperreault | Director | March 6, 2019 F | 29,236 | 0 | 0 | $0 |
| David P Abney | Director | March 7, 2018 F | 7,683 | 0 | 0 | $0 |
| Natalie A Black | Director | March 7, 2018 F | 2,022 | 0 | 0 | $0 |
| Jeffrey A Joerres | Director | March 9, 2017 A | 15,261 | 0 | 0 | $0 |
| Brendan R Oneill | Director | Sept. 2, 2016 M | 38,403 | 0 | 0 | $0 |
| Herman E Bulls | Director | Sept. 2, 2016 D | 0 | 0 | 0 | $0 |
| Sandra S Wijnberg | Director | Sept. 2, 2016 M | 41,126 | 0 | 0 | $0 |
| Rajiv Gupta | Director | Sept. 2, 2016 M | 35,223 | 0 | 0 | $0 |
| Edward D Breen | Director | Aug. 16, 2016 J | 64,455 | 0 | 0 | $0 |
| Frank M Drendel | Director | March 10, 2016 A | 17,154 | 0 | 0 | $0 |
| John A Krol | Director | March 8, 2013 F | 13,826 | 0 | 0 | $0 |
| Bruce S Gordon | Director | May 14, 2012 M | 11,054 | 0 | 0 | $0 |
| Dinesh C Paliwal | Director | March 10, 2012 F | 4,359 | 0 | 0 | $0 |
| Timothy M Donahue | Director | March 10, 2012 F | 8,146 | 0 | 0 | $0 |
| William S Stavropoulos | Director | March 10, 2012 F | 8,896 | 0 | 0 | $0 |
| Jerome B York | Director | Oct. 1, 2009 A | 10,528 | 0 | 0 | $0 |
| Dennis C Blair | Director | Sept. 29, 2008 A | 0 | 0 | 0 | $0 |
| Carl H Mccall | Director | Oct. 1, 2007 A | · | 0 | 0 | $0 |
| MCDONALD MACKEY J | Director | Oct. 2, 2006 A | 1,500 | 0 | 0 | $0 |
| George W Buckley | Director | Oct. 3, 2005 A | · | 0 | 0 | $0 |
| Lei Zhang Schlitz | · | Aug. 4, 2026 S | 15,017 | 0 | 8 | $-21,013,027 |
| Marc Vandiepenbeeck | · | Aug. 2, 2026 F | 125,861 | 0 | 0 | $0 |
| Girish D Rishi | · | Oct. 7, 2016 A | 82,211 | 0 | 0 | $0 |
| Robert P Mead | · | Feb. 17, 2005 M | 335,071 | 0 | 0 | $0 |
| John F Fort III | · | Feb. 6, 2004 S | 47,728 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 122 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PKB · Invesco Exchange-Traded Fund Trust | 5.74% | 101,337 SH | Oct. 23, 2026 | Daily |
| PRN · Invesco Exchange-Traded Fund Trust | 3.57% | 80,667 SH | Oct. 23, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 2.93% | 359,021 SH | Oct. 23, 2026 | Daily |
| MADE · iShares Trust | 2.74% | 11,372 SH | Sept. 11, 2026 | Daily |
| BOBP · EXCHANGE TRADED CONCEPTS TRUST | 1.88% | 75 NS | July 31, 2026 | N-PORT |
| PWB · Invesco Exchange-Traded Fund Trust | 1.50% | 267,680 SH | Oct. 23, 2026 | Daily |
| IMCG · iShares Trust | 1.21% | 338,330 SH | Sept. 11, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 1.20% | 743,291 SH | Aug. 19, 2026 | Daily |
| RSPN · Invesco Exchange-Traded Fund Trust | 1.18% | 60,420 SH | Oct. 23, 2026 | Daily |
| DUSL · Direxion Shares ETF Trust | 1.17% | 4,508 NS | July 31, 2026 | N-PORT |
| IYJ · iShares Trust | 1.10% | 145,416 SH | Sept. 11, 2026 | Daily |
| SPHQ · Invesco Exchange-Traded Fund Trust | 0.95% | 1,241,583 SH | Oct. 23, 2026 | Daily |
| EXI · iShares Trust | 0.88% | 87,685 SH | Sept. 11, 2026 | Daily |
| VOE · VANGUARD INDEX FUNDS | 0.77% | 1,959,596 SH | Aug. 19, 2026 | Daily |
| NULV · Nushares ETF Trust | 0.70% | 105,707 NS | July 31, 2026 | N-PORT |
| PDP · Invesco Exchange-Traded Fund Trust | 0.64% | 63,320 SH | Oct. 23, 2026 | Daily |
| IIGD · Invesco Exchange-Traded Self-Indexe… | 0.61% | 146,000 | Oct. 23, 2026 | Daily |
| IMCB · iShares Trust | 0.61% | 71,683 SH | Sept. 11, 2026 | Daily |
| XOEF · iShares Trust | 0.49% | 769 SH | Sept. 11, 2026 | Daily |
| NUDV · Nushares ETF Trust | 0.44% | 1,507 NS | July 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.43% | 6,610,842 SH | Aug. 19, 2026 | Daily |
| MTUM · iShares Trust | 0.43% | 724,549 SH | Sept. 11, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.41% | 55,503 SH | Aug. 19, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.39% | 414,966 NS | July 31, 2026 | N-PORT |
| SPMO · Invesco Exchange-Traded Fund Trust … | 0.38% | 573,438 SH | Oct. 23, 2026 | Daily |
| VYM · VANGUARD WHITEHALL FUNDS | 0.37% | 2,443,799 SH | Aug. 19, 2026 | Daily |
| EVUS · iShares Trust | 0.34% | 9,077 SH | Sept. 11, 2026 | Daily |
| VTV · VANGUARD INDEX FUNDS | 0.33% | 5,802,489 SH | Aug. 19, 2026 | Daily |
| IWX · iShares Trust | 0.30% | 82,866 SH | Sept. 11, 2026 | Daily |
| DFLV · Dimensional ETF Trust | 0.29% | 135,978 NS | July 31, 2026 | N-PORT |
| SUSA · iShares Trust | 0.29% | 81,784 SH | Sept. 11, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | 0.29% | 13,793 SH | Aug. 19, 2026 | Daily |
| ACVF · ETF Opportunities Trust | 0.29% | 2,986 NS | July 31, 2026 | N-PORT |
| ILCG · iShares Trust | 0.27% | 59,559 SH | Sept. 11, 2026 | Daily |
| SUSL · iShares Trust | 0.26% | 21,532 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.25% | 83,936 SH | Oct. 23, 2026 | Daily |
| DSI · iShares Trust | 0.25% | 93,250 SH | Sept. 11, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.23% | 345,875 SH | Aug. 19, 2026 | Daily |
| IWD · iShares Trust | 0.22% | 1,273,188 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.21% | 293,000 | Oct. 23, 2026 | Daily |
| IOO · iShares Trust | 0.21% | 133,545 SH | Sept. 11, 2026 | Daily |
| MGV · VANGUARD WORLD FUND | 0.21% | 191,741 SH | Aug. 19, 2026 | Daily |
| DGRO · iShares Trust | 0.21% | 631,018 SH | Sept. 11, 2026 | Daily |
| EGLE · Global X Funds | 0.21% | 31 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.20% | 26,921 SH | Sept. 11, 2026 | Daily |
| SIZE · iShares Trust | 0.19% | 5,796 SH | Sept. 11, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 1,354,448 SH | Oct. 23, 2026 | Daily |
| NULC · Nushares ETF Trust | 0.19% | 910 NS | July 31, 2026 | N-PORT |
| LRGF · iShares Trust | 0.18% | 46,334 SH | Sept. 11, 2026 | Daily |
| CATH · Global X Funds | 0.18% | 15,684 NS | July 31, 2026 | N-PORT |
| VOOG · VANGUARD ADMIRAL FUNDS | 0.17% | 299,039 SH | Aug. 19, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.17% | 11,919 SH | Oct. 23, 2026 | Daily |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.17% | 5,122,000 | Oct. 23, 2026 | Daily |
| GLOF · iShares Trust | 0.16% | 2,304 SH | Sept. 11, 2026 | Daily |
| USCL · iShares Trust | 0.16% | 32,237 SH | Sept. 11, 2026 | Daily |
| TOPC · iShares Trust | 0.16% | 373 SH | Sept. 11, 2026 | Daily |
| IVW · iShares Trust | 0.16% | 858,831 SH | Sept. 11, 2026 | Daily |
| CHRI · Global X Funds | 0.16% | 85 NS | July 31, 2026 | N-PORT |
| IWL · iShares Trust | 0.16% | 23,874 SH | Sept. 11, 2026 | Daily |
| IUSG · iShares Trust | 0.15% | 354,499 SH | Sept. 11, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.15% | 138,406 SH | Aug. 19, 2026 | Daily |
| XVV · iShares Trust | 0.15% | 7,012 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.15% | 485,387 NS | July 31, 2026 | N-PORT |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.15% | 4,728,000 | Oct. 22, 2026 | Daily |
| XTR · Global X Funds | 0.14% | 46 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.14% | 15,847,684 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.14% | 712,542 SH | Aug. 19, 2026 | Daily |
| XCLR · Global X Funds | 0.14% | 34 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.14% | 474 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.14% | 30,675 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.14% | 10,340 NS | July 31, 2026 | N-PORT |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.13% | 16,116 SH | Oct. 23, 2026 | Daily |
| XYLG · Global X Funds | 0.13% | 589 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.13% | 7,689,928 SH | Sept. 11, 2026 | Daily |
| ILCB · iShares Trust | 0.13% | 11,911 SH | Sept. 11, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.13% | 3,633 SH | Oct. 23, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.13% | 97,556 SH | Oct. 23, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.13% | 186,122 NS | July 31, 2026 | N-PORT |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.13% | 101,392 SH | Aug. 19, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.13% | 2,301 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.13% | 107,283 NS | July 31, 2026 | N-PORT |
| ESGU · iShares Trust | 0.13% | 156,601 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.12% | 424,228 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.12% | 26,131 SH | Sept. 11, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.12% | 87,789 SH | Oct. 23, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.12% | 19,371,354 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.12% | 51,531 SH | Aug. 19, 2026 | Daily |
| IWV · iShares Trust | 0.12% | 168,755 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.12% | 794,326 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.11% | 81,312 SH | Oct. 23, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.11% | 4,243 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.11% | 477 SH | Oct. 23, 2026 | Daily |
| VFMV · VANGUARD WELLINGTON FUND | 0.11% | 3,182 SH | Aug. 19, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.10% | 47,697 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.10% | 1,678 SH | Sept. 11, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.10% | 47,717 SH | Aug. 19, 2026 | Daily |
| IVE · iShares Trust | 0.10% | 345,715 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.10% | 54,888 SH | Sept. 11, 2026 | Daily |
| IUSV · iShares Trust | 0.09% | 182,047 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.09% | 3,369 NS | July 31, 2026 | N-PORT |
| ACWI · iShares Trust | 0.08% | 195,096 SH | Sept. 11, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.08% | 12,485 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.08% | 509,837 SH | Aug. 19, 2026 | Daily |
| MGC · VANGUARD WORLD FUND | 0.08% | 61,243 SH | Aug. 19, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.07% | 15,083 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 2,478 SH | Oct. 23, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.03% | 1,085 NS | July 31, 2026 | N-PORT |
| DYNF · BlackRock ETF Trust | 0.03% | 83,627 SH | Sept. 11, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.02% | 61,948 SH | Aug. 19, 2026 | Daily |
| IWY · iShares Trust | 0.02% | 21,512 SH | Sept. 11, 2026 | Daily |
| IWF · iShares Trust | 0.02% | 147,404 SH | Sept. 11, 2026 | Daily |
| NPFE · Elevation Series Trust | 0.01% | 459 NS | July 31, 2026 | N-PORT |
| CRBN · iShares Trust | 0.01% | 601 SH | Sept. 8, 2026 | Daily |
| BIV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDX · VANGUARD CHARLOTTE FUNDS | · | · | July 15, 2026 | Daily |
JCI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
20 analysts · 2026-10-26Mean target $168.50 +17.0%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
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