Debt-to-Equity Ratio

The Debt-to-Equity Ratio of 0.70x means that for every dollar of shareholder equity, the company carries $0.70 in debt — a lower ratio generally indicates less reliance on borrowing.

This level sits just below the sector median of 0.73x, placing JCI in the 46th percentile among its peers, so its leverage is slightly lower than typical for the sector. The year-over-year change is not available, but the quarter-over-quarter change shows a +1.4% increase from 0.69x to 0.70x, indicating a small uptick in debt relative to equity over the last quarter. Combining the current below-median level with a modest rising trend suggests low financial risk today, though the upward movement warrants monitoring as it could signal increasing leverage. This metric supports the overall NEUTRAL verdict: the debt-to-equity ratio is near the sector average and the small quarterly rise does not point to an immediate risk or opportunity.

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