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Johnson Controls International vs Tecogen: revenue, profit, margins and growth compared

Johnson Controls International brought in $23.6B of revenue in fiscal 2025, Tecogen $27.1M in fiscal 2025. Revenue changed by +2.8% at Johnson Controls International and +19.7% at Tecogen on the year before, so Tecogen grew faster. Johnson Controls International kept 13.9% of its revenue as net profit, Tecogen -30.5%. Free cash flow was $2.1B at Johnson Controls International and -$10.3M at Tecogen.

Side by side, latest fiscal year

JCITGEN
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$23.6B$27.1M
Revenue growth+2.8%+19.7%
Net income$3.3B-$8.2M
Net margin13.9%-30.5%
Free cash flow$2.1B-$10.3M
Free cash flow margin9.0%-38.1%
Earnings per share (diluted)$5.03-$0.30
Cash$379M$12.4M
Debt$9.2Bn/a
Price to earnings29.9n/a
Market value$91B$92.1M
Dividend yield1.01%n/a
Rank by revenue in sector#29 of 451 · Industrials#419 of 451 · Industrials

Over the years

Revenue
JCI FY2018: $31.4BJCI FY2019: $24BJCI FY2020: $22.3BJCI FY2021: $23.7BJCI FY2022: $20.6BJCI FY2023: $22.3BJCI FY2024: $23BJCI FY2025: $23.6BTGEN FY2018: $35.9MTGEN FY2019: $33.4MTGEN FY2020: $28.3MTGEN FY2021: $24.4MTGEN FY2022: $25MTGEN FY2023: $25.1MTGEN FY2024: $22.6MTGEN FY2025: $27.1MFY18FY19FY20FY21FY22FY23FY24FY25
JCI $23.6BTGEN $27.1M
Net income
JCI FY2018: $2.2BJCI FY2019: $5.7BJCI FY2020: $631MJCI FY2021: $1.6BJCI FY2022: $1.5BJCI FY2023: $1.8BJCI FY2024: $1.7BJCI FY2025: $3.3BTGEN FY2018: -$5.7MTGEN FY2019: -$4.7MTGEN FY2020: -$6.2MTGEN FY2021: $3.7MTGEN FY2022: -$2.4MTGEN FY2023: -$4.6MTGEN FY2024: -$4.8MTGEN FY2025: -$8.2MFY18FY19FY20FY21FY22FY23FY24FY25
JCI $3.3BTGEN -$8.2M
Net margin
JCI FY2018: 6.9%JCI FY2019: 23.7%JCI FY2020: 2.8%JCI FY2021: 6.9%JCI FY2022: 7.4%JCI FY2023: 8.3%JCI FY2024: 7.4%JCI FY2025: 13.9%TGEN FY2018: -15.9%TGEN FY2019: -14.1%TGEN FY2020: -21.8%TGEN FY2021: 15.1%TGEN FY2022: -9.8%TGEN FY2023: -18.3%TGEN FY2024: -21.0%TGEN FY2025: -30.5%FY18FY19FY20FY21FY22FY23FY24FY25
JCI 13.9%TGEN -30.5%
Revenue growth
JCI FY2019: -23.7%JCI FY2020: -6.9%JCI FY2021: +6.1%JCI FY2022: -12.8%JCI FY2023: +8.2%JCI FY2024: +2.8%JCI FY2025: +2.8%TGEN FY2019: -6.8%TGEN FY2020: -15.5%TGEN FY2021: -13.6%TGEN FY2022: +2.5%TGEN FY2023: +0.5%TGEN FY2024: -10.0%TGEN FY2025: +19.7%FY19FY20FY21FY22FY23FY24FY25
JCI +2.8%TGEN +19.7%
Free cash flow
JCI FY2018: $875MJCI FY2019: $1.2BJCI FY2020: $2BJCI FY2021: $2BJCI FY2022: $750MJCI FY2023: $1.4BJCI FY2024: $1.1BJCI FY2025: $2.1BTGEN FY2018: -$4.7MTGEN FY2019: -$4.6MTGEN FY2020: $1.3MTGEN FY2021: $373.6KTGEN FY2022: -$1.7MTGEN FY2023: -$864.7KTGEN FY2024: $3.1MTGEN FY2025: -$10.3MFY18FY19FY20FY21FY22FY23FY24FY25
JCI $2.1BTGEN -$10.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Johnson Controls International and Tecogen

Which is bigger by revenue, Johnson Controls International or Tecogen?

Johnson Controls International is bigger by revenue: $23.6B in fiscal 2025, against $27.1M for Tecogen in fiscal 2025.

Which keeps more of its revenue as profit, Johnson Controls International or Tecogen?

Johnson Controls International had a net margin of 13.9% in fiscal 2025; Tecogen had -30.5% in fiscal 2025.

Which grew revenue faster, Johnson Controls International or Tecogen?

In their latest fiscal years revenue changed by +2.8% at Johnson Controls International and +19.7% at Tecogen.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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