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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and Johnson Controls (JCI). Click either name above to swap in a different company.

BANK OF MONTREAL is the larger business by last-quarter revenue ($7.2B vs $5.8B, roughly 1.2× Johnson Controls). BANK OF MONTREAL runs the higher net margin — 25.3% vs 9.0%, a 16.3% gap on every dollar of revenue. BANK OF MONTREAL produced more free cash flow last quarter ($1.0B vs $531.0M).

The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.

Johnson Controls International plc is an Irish 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.

BMO vs JCI — Head-to-Head

Bigger by revenue
BMO
BMO
1.2× larger
BMO
$7.2B
$5.8B
JCI
Higher net margin
BMO
BMO
16.3% more per $
BMO
25.3%
9.0%
JCI
More free cash flow
BMO
BMO
$502.7M more FCF
BMO
$1.0B
$531.0M
JCI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BMO
BMO
JCI
JCI
Revenue
$7.2B
$5.8B
Net Profit
$1.8B
$524.0M
Gross Margin
35.8%
Operating Margin
Net Margin
25.3%
9.0%
Revenue YoY
6.8%
Net Profit YoY
25.1%
EPS (diluted)
$0.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BMO
BMO
JCI
JCI
Q1 26
$7.2B
Q4 25
$5.8B
Q3 25
$6.6B
$6.4B
Q2 25
$6.3B
$6.1B
Q1 25
$5.7B
Q4 24
$5.4B
Q3 24
$2.9B
Q2 24
$7.2B
Net Profit
BMO
BMO
JCI
JCI
Q1 26
$1.8B
Q4 25
$524.0M
Q3 25
$1.7B
$1.7B
Q2 25
$1.4B
$701.0M
Q1 25
$478.0M
Q4 24
$419.0M
Q3 24
$633.0M
Q2 24
$975.0M
Gross Margin
BMO
BMO
JCI
JCI
Q1 26
Q4 25
35.8%
Q3 25
36.5%
Q2 25
37.1%
Q1 25
36.5%
Q4 24
35.5%
Q3 24
48.4%
Q2 24
34.4%
Operating Margin
BMO
BMO
JCI
JCI
Q1 26
Q4 25
Q3 25
5.5%
Q2 25
11.6%
Q1 25
8.8%
Q4 24
7.5%
Q3 24
6.9%
Q2 24
17.7%
Net Margin
BMO
BMO
JCI
JCI
Q1 26
25.3%
Q4 25
9.0%
Q3 25
25.9%
26.3%
Q2 25
22.6%
11.6%
Q1 25
8.4%
Q4 24
7.7%
Q3 24
21.6%
Q2 24
13.5%
EPS (diluted)
BMO
BMO
JCI
JCI
Q1 26
Q4 25
$0.85
Q3 25
$2.61
Q2 25
$1.07
Q1 25
$0.72
Q4 24
$0.63
Q3 24
$0.93
Q2 24
$1.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMO
BMO
JCI
JCI
Cash + ST InvestmentsLiquidity on hand
$49.2B
$552.0M
Total DebtLower is stronger
$8.7B
Stockholders' EquityBook value
$62.6B
$13.2B
Total Assets
$1064.4B
$38.0B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMO
BMO
JCI
JCI
Q1 26
$49.2B
Q4 25
$552.0M
Q3 25
$42.8B
$379.0M
Q2 25
$47.7B
$731.0M
Q1 25
$795.0M
Q4 24
$1.2B
Q3 24
$606.0M
Q2 24
$862.0M
Total Debt
BMO
BMO
JCI
JCI
Q1 26
Q4 25
$8.7B
Q3 25
$8.6B
Q2 25
$8.4B
Q1 25
$8.2B
Q4 24
$8.6B
Q3 24
$8.0B
Q2 24
$7.9B
Stockholders' Equity
BMO
BMO
JCI
JCI
Q1 26
$62.6B
Q4 25
$13.2B
Q3 25
$63.3B
$12.9B
Q2 25
$62.7B
$15.8B
Q1 25
$15.8B
Q4 24
$15.9B
Q3 24
$16.1B
Q2 24
$16.0B
Total Assets
BMO
BMO
JCI
JCI
Q1 26
$1064.4B
Q4 25
$38.0B
Q3 25
$1045.0B
$37.9B
Q2 25
$1051.4B
$43.4B
Q1 25
$42.4B
Q4 24
$42.1B
Q3 24
$42.7B
Q2 24
$43.3B
Debt / Equity
BMO
BMO
JCI
JCI
Q1 26
Q4 25
0.66×
Q3 25
0.66×
Q2 25
0.53×
Q1 25
0.52×
Q4 24
0.54×
Q3 24
0.50×
Q2 24
0.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMO
BMO
JCI
JCI
Operating Cash FlowLast quarter
$1.3B
$611.0M
Free Cash FlowOCF − Capex
$1.0B
$531.0M
FCF MarginFCF / Revenue
14.4%
9.2%
Capex IntensityCapex / Revenue
3.9%
1.4%
Cash ConversionOCF / Net Profit
0.72×
1.17×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMO
BMO
JCI
JCI
Q1 26
$1.3B
Q4 25
$611.0M
Q3 25
$-3.1B
$968.0M
Q2 25
$-2.3B
$787.0M
Q1 25
$550.0M
Q4 24
$249.0M
Q3 24
$1.4B
Q2 24
$1.0B
Free Cash Flow
BMO
BMO
JCI
JCI
Q1 26
$1.0B
Q4 25
$531.0M
Q3 25
$-3.4B
$838.0M
Q2 25
$-2.7B
$693.0M
Q1 25
$456.0M
Q4 24
$133.0M
Q3 24
$1.2B
Q2 24
$922.0M
FCF Margin
BMO
BMO
JCI
JCI
Q1 26
14.4%
Q4 25
9.2%
Q3 25
-51.3%
13.0%
Q2 25
-41.8%
11.5%
Q1 25
8.0%
Q4 24
2.5%
Q3 24
40.4%
Q2 24
12.8%
Capex Intensity
BMO
BMO
JCI
JCI
Q1 26
3.9%
Q4 25
1.4%
Q3 25
4.5%
2.0%
Q2 25
5.1%
1.6%
Q1 25
1.7%
Q4 24
2.1%
Q3 24
5.8%
Q2 24
1.4%
Cash Conversion
BMO
BMO
JCI
JCI
Q1 26
0.72×
Q4 25
1.17×
Q3 25
-1.81×
0.57×
Q2 25
-1.63×
1.12×
Q1 25
1.15×
Q4 24
0.59×
Q3 24
2.14×
Q2 24
1.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BMO
BMO

Segment breakdown not available.

JCI
JCI

Productsand Systems$3.9B67%
Services$1.9B33%

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