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Side-by-side financial comparison of Johnson Controls (JCI) and Sherwin-Williams (SHW). Click either name above to swap in a different company.
Johnson Controls is the larger business by last-quarter revenue ($6.1B vs $5.7B, roughly 1.1× Sherwin-Williams). Johnson Controls runs the higher net margin — 10.0% vs 9.4%, a 0.6% gap on every dollar of revenue. On growth, Johnson Controls posted the faster year-over-year revenue change (8.2% vs 6.8%). Over the past eight quarters, Sherwin-Williams's revenue compounded faster (-4.9% CAGR vs -7.8%).
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.
Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.
JCI vs SHW — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.1B | $5.7B |
| Net Profit | $616.0M | $534.7M |
| Gross Margin | 36.8% | 49.1% |
| Operating Margin | — | — |
| Net Margin | 10.0% | 9.4% |
| Revenue YoY | 8.2% | 6.8% |
| Net Profit YoY | 17.1% | 6.1% |
| EPS (diluted) | — | $2.15 |
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.
| Q2 26 | $6.1B | — | ||
| Q1 26 | — | $5.7B | ||
| Q4 25 | $5.8B | $5.6B | ||
| Q3 25 | $6.4B | $6.4B | ||
| Q2 25 | $6.1B | $6.3B | ||
| Q1 25 | $5.7B | $5.3B | ||
| Q4 24 | $5.4B | $5.3B | ||
| Q3 24 | $2.9B | $6.2B |
| Q2 26 | $616.0M | — | ||
| Q1 26 | — | $534.7M | ||
| Q4 25 | $524.0M | $476.8M | ||
| Q3 25 | $1.7B | $833.1M | ||
| Q2 25 | $701.0M | $754.7M | ||
| Q1 25 | $478.0M | $503.9M | ||
| Q4 24 | $419.0M | $480.1M | ||
| Q3 24 | $633.0M | $806.2M |
| Q2 26 | 36.8% | — | ||
| Q1 26 | — | 49.1% | ||
| Q4 25 | 35.8% | 48.5% | ||
| Q3 25 | 36.5% | 49.2% | ||
| Q2 25 | 37.1% | 49.4% | ||
| Q1 25 | 36.5% | 48.2% | ||
| Q4 24 | 35.5% | 48.6% | ||
| Q3 24 | 48.4% | 49.1% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 11.4% | ||
| Q3 25 | 5.5% | 16.7% | ||
| Q2 25 | 11.6% | 15.6% | ||
| Q1 25 | 8.8% | 12.3% | ||
| Q4 24 | 7.5% | 11.6% | ||
| Q3 24 | 6.9% | 21.4% |
| Q2 26 | 10.0% | — | ||
| Q1 26 | — | 9.4% | ||
| Q4 25 | 9.0% | 8.5% | ||
| Q3 25 | 26.3% | 13.1% | ||
| Q2 25 | 11.6% | 12.0% | ||
| Q1 25 | 8.4% | 9.5% | ||
| Q4 24 | 7.7% | 9.1% | ||
| Q3 24 | 21.6% | 13.1% |
| Q2 26 | — | — | ||
| Q1 26 | — | $2.15 | ||
| Q4 25 | $0.85 | $1.91 | ||
| Q3 25 | $2.61 | $3.35 | ||
| Q2 25 | $1.07 | $3.00 | ||
| Q1 25 | $0.72 | $2.00 | ||
| Q4 24 | $0.63 | $1.90 | ||
| Q3 24 | $0.93 | $3.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $698.0M | $216.9M |
| Total DebtLower is stronger | $9.5B | $11.7B |
| Stockholders' EquityBook value | $13.5B | $4.4B |
| Total Assets | $38.4B | $26.4B |
| Debt / EquityLower = less leverage | 0.70× | 2.64× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $698.0M | — | ||
| Q1 26 | — | $216.9M | ||
| Q4 25 | $552.0M | $207.2M | ||
| Q3 25 | $379.0M | $241.5M | ||
| Q2 25 | $731.0M | $269.8M | ||
| Q1 25 | $795.0M | $199.8M | ||
| Q4 24 | $1.2B | $210.4M | ||
| Q3 24 | $606.0M | $238.2M |
| Q2 26 | $9.5B | — | ||
| Q1 26 | — | $11.7B | ||
| Q4 25 | $8.7B | $9.7B | ||
| Q3 25 | $8.6B | $9.7B | ||
| Q2 25 | $8.4B | $9.0B | ||
| Q1 25 | $8.2B | $9.0B | ||
| Q4 24 | $8.6B | $9.2B | ||
| Q3 24 | $8.0B | $9.2B |
| Q2 26 | $13.5B | — | ||
| Q1 26 | — | $4.4B | ||
| Q4 25 | $13.2B | $4.6B | ||
| Q3 25 | $12.9B | $4.4B | ||
| Q2 25 | $15.8B | $4.4B | ||
| Q1 25 | $15.8B | $4.1B | ||
| Q4 24 | $15.9B | $4.1B | ||
| Q3 24 | $16.1B | $4.2B |
| Q2 26 | $38.4B | — | ||
| Q1 26 | — | $26.4B | ||
| Q4 25 | $38.0B | $25.9B | ||
| Q3 25 | $37.9B | $26.2B | ||
| Q2 25 | $43.4B | $25.4B | ||
| Q1 25 | $42.4B | $24.6B | ||
| Q4 24 | $42.1B | $23.6B | ||
| Q3 24 | $42.7B | $24.0B |
| Q2 26 | 0.70× | — | ||
| Q1 26 | — | 2.64× | ||
| Q4 25 | 0.66× | 2.10× | ||
| Q3 25 | 0.66× | 2.18× | ||
| Q2 25 | 0.53× | 2.04× | ||
| Q1 25 | 0.52× | 2.17× | ||
| Q4 24 | 0.54× | 2.28× | ||
| Q3 24 | 0.50× | 2.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
