Johnson Controls International plc (NYSE:JCI)

The revenue data presents a varied landscape of performance across different segments and regions over the given periods. The overall revenue shows a declining trend from the fiscal year ending September 30, 2018, to 2020, dropping from 31,400 million US dollars to 22,317 million US dollars. However, from 2020 onwards, there is a consistent recovery and growth trajectory, reaching 26,793 million US dollars by the fiscal year 2023.

Building Solutions North America:

This segment exhibits fluctuations but generally an upward trend over the six-year period. Starting at 8,679 million US dollars in 2018, it dips slightly in 2020 but subsequently recovers and grows substantially to 10,330 million US dollars by 2023, indicating strong market performance in North America.

Building Solutions EMEA/LA:

Revenue in this region maintains relative stability with minor variations. It decreases slightly from 3,696 million US dollars in 2018 to 3,440 million US dollars in 2020, then gradually increases to 4,096 million US dollars by 2023, suggesting moderate growth after a period of contraction.

Building Solutions Asia Pacific:

This segment shows a somewhat oscillating pattern. The figures start at 2,553 million US dollars in 2018, dip to 2,403 million US dollars in 2020, and then slowly recover to 2,746 million US dollars by 2023. The growth post-2020 is modest, pointing to some regional challenges or slower expansion dynamics.

HVAC:

Starting from data availability in 2020, this category demonstrates a steady upward trend, rising from 5,685 million US dollars to 6,820 million US dollars by 2023. This consistent growth suggests a rising demand or successful market penetration in heating, ventilation, and air conditioning products.

Fire & Security:

Revenue in this segment increases consistently from 1,957 million US dollars in 2020 to 2,446 million US dollars in 2023, indicating a robust expansion in fire safety and security solutions.

Industrial Refrigeration:

This area shows a positive growth trajectory as well, moving from 227 million US dollars in 2020 to 355 million US dollars in 2023. The gradual increase over these years reflects steady development in industrial refrigeration services or products.

Global Products:

The data starting from 2020 reveals consistent revenue growth within this category, up from 7,869 million US dollars to 9,621 million US dollars by 2023. This indicates an expanding global footprint or successful product offerings globally during this period.

Global Products (legacy):

Available data for this category exists only for 2018 and 2019, showing a slight increase from 8,472 million US dollars to 8,624 million US dollars. The absence of data beyond 2019 suggests reclassification or integration into new segments.

Power Solutions:

Data for this segment is provided only for 2018, recorded at 8,000 million US dollars, and no subsequent data is available. This likely implies divestment, restructuring, or reorganization affecting this segment after 2018.

Total Revenue Overview:

The overall company revenue experienced a notable contraction from 31,400 million US dollars in 2018 to a low of 22,317 million US dollars in 2020, which could be attributed to external economic factors or operational challenges. From 2020 onwards, a recovery phase is evident, with revenue increasing steadily each year, reaching 26,793 million US dollars by 2023, reflecting effective strategic adjustments and market recovery.