JCI vs LGN vs SPXC Stock Comparison

Johnson Controls International, Legence and SPX Technologies Prices as of Oct 28, 2026 Peers: Industry group
LGN Legence Corp.
$40.81 -23.6% 1M +3.1% 1Y
Market cap
$3.13B
P/E
–
Revenue (TTM)
$3.31B
Div. yield
–
HVAC Industrials

Head to Head

10 decided of 12

SPX Technologies leads on 7 of the 12 questions below (SPX Technologies 7, Johnson Controls International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJCILGNSPXCLeader
Larger companyMarket capitalisation $94.91B $3.13B $8.25B JCI
Cheaper on earningsLower P/E, profitable companies only 33.3x -47.2x 29.6x SPXC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.6x 29.6x 19.3x SPXC
Faster revenue growthRevenue growth, trailing twelve months — — +20.6% –
More profitableNet margin, trailing twelve months — -2.0% 11.3% SPXC
Better return on capitalReturn on invested capital — 2.1% 10.5% SPXC
Less leveragedLower net debt / EBITDA — 4.7x 0.8x SPXC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +40.3% +3.1% -16.2% JCI
Better 5-year returnAnnualised price return, 5 years +16.5%/yr — +23.3%/yr SPXC
Less volatileAnnualised volatility, 1 year 31.8% 73.1% 41.5% JCI
Higher overall scoreMean of the five percentile scores vs peers 39/100 17/100 71/100 SPXC

Percentile Scorecard

JCILGNSPXC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJCILGNSPXC
Valuation 13 #48 of 55 17 #46 of 55 41 #33 of 55
Growth 80 #11 of 51 – 100 #1 of 51
Profitability – 13 #42 of 48 72 #14 of 48
Financial Health – 21 #43 of 54 70 #17 of 54
Shareholder Returns 23 #32 of 41 – –
Overall 39 17 71
  • JCI ranked among 59 companies in Construction Products
  • LGN ranked among 59 companies in Construction Products
  • SPXC ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJCILGNSPXCSPY
1 month +5.7%-23.6%-2.8% +0.9%
3 months +12.8%-23.1%-12.0% +5.9%
6 months +11.4%-49.5%-21.8% +8.5%
Year to date +31.4%-5.2%-17.4% +13.3%
1 year +40.3%+3.1%-16.2% +12.4%
3 years +226.5%—+110.1% +88.1%
3 years, per year +48.4%—+28.1% +23.5%
5 years +114.5%—+184.5% +68.2%
5 years, per year +16.5%—+23.3% +11.0%
10 years +259.7%—+772.9% +263.4%
10 years, per year +13.7%—+24.2% +13.8%

Risk

MeasureJCILGNSPXCSPY
Volatility, 1Y 31.8%73.1%41.5% 12.7%
Downside volatility, 1Y 32.8%78.5%41.8% 12.7%
Beta vs S&P 500, 1Y 1.162.801.75 1.00
Return / volatility, 1Y 1.270.04-0.39 0.98
Max drawdown, 5Y -43.1%-64.7%-38.3% -25.4%
From 52-week high -0.9%-60.1%-32.9% -0.9%
52-week high $158.77$102.27$246.41 $779.14
52-week low $110.85$33.32$160.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJCILGNSPXC
P/E now vs peer median 33.5xmedian 20.0x -46.7xmedian 20.0x 29.7xmedian 20.0x
P/S now vs peer median 3.6xmedian 1.5x 1.3xmedian 1.5x 3.3xmedian 1.5x
EV/EBITDA now vs peer median —median 11.3x 32.3xmedian 11.3x 16.4xmedian 11.3x
P/FCF now vs peer median 28.6xmedian 15.3x —median 15.3x 27.2xmedian 15.3x
P/B now vs peer median 7.0xmedian 2.8x 4.5xmedian 2.8x 3.5xmedian 2.8x
PEG now vs peer median 1.66median 0.99 —median 0.99 0.44median 0.99

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJCILGNSPXC
Revenue – $3.31B $2.48B
Gross profit $9.52B $644.45M $996.30M
Operating income – $38.41M $399.90M
Net income – -$90.65M $278.90M
Free cash flow – – $304.30M
EPS (diluted) $4.68 $-0.87 $5.50
Cash & equivalents $618.00M $291.98M $166.40M
Total debt – $4.30B $2.29B
Shares (diluted) 610.00M 76.03M 50.68M
Enterprise value $94.91B $2.35B $7.33B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJCILGNSPXC
P/E 33.5x -46.7x 29.7x
P/FCF 28.6x – 27.2x
P/Operating cash flow 24.6x – 19.6x
P/S 3.6x 1.3x 3.3x
P/B 7.0x 4.5x 3.5x
P/Tangible book 9.4x 23.8x 6.2x
EV/EBITDA – 32.3x 16.4x
EV/EBIT – 134.1x 21.8x
EV/Revenue – 1.6x 3.5x
EV/FCF – – 28.7x
EV/Operating cash flow 24.6x – 20.6x
PEG (3Y EPS CAGR) 1.66 – 0.44

Growth

14 metrics
MetricJCILGNSPXC
Revenue growth (1Y) – – 20.6%
Revenue CAGR (3Y) – – 15.1%
Gross profit growth (1Y) 10.7% – 18.5%
Gross profit CAGR (3Y) 6.8% – 17.8%
Operating income growth (1Y) – – 24.1%
Operating income CAGR (3Y) – – 52.2%
Net income growth (1Y) – – 32.4%
Net income CAGR (3Y) – – 72.2%
EPS growth (1Y) -7.0% – 23.8%
EPS CAGR (3Y) 20.2% – 67.5%
Operating cash flow growth (1Y) 51.6% – 52.8%
Operating cash flow CAGR (3Y) 27.8% – 131.0%
Free cash flow growth (1Y) – – 23.8%
Free cash flow CAGR (3Y) – – 168.6%

Profitability

14 metrics
MetricJCILGNSPXC
Gross margin – 19.5% 40.2%
EBITDA margin – 4.8% 21.4%
Operating margin – 1.2% 16.2%
Pretax margin – -1.9% 14.8%
Net margin – -2.0% 11.3%
FCF margin – – 12.3%
Operating cash flow margin – – 17.1%
Return on equity 21.1% -10.5% 12.0%
Return on assets 7.3% -2.9% 7.1%
Return on invested capital – 2.1% 10.5%
Return on capital employed – 1.9% 12.1%
Asset turnover – 1.0x 0.6x
Cash conversion (OCF / net income) – – 1.5x
Stock comp / revenue – – 0.7%

Financial Health

11 metrics
MetricJCILGNSPXC
Debt / assets – 27.7% 15.6%
Debt / equity – 1.1x 0.3x
Net debt / EBITDA – 4.7x 0.8x
Debt / FCF – – 2.0x
Liabilities / assets – 73.9% 40.4%
Equity / assets 33.9% 26.1% 59.6%
Interest coverage – 0.4x 10.7x
Current ratio 0.9x 1.3x 1.8x
Quick ratio – 1.3x 1.1x
Cash ratio – 0.2x 0.3x
Altman Z-score – 1.89 4.46

Shareholder Returns

7 metrics
MetricJCILGNSPXC
Dividend yield 1.0% – –
Net buyback yield – – –
Shareholder yield 1.0% – 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJCILGNSPXC
Forward P/E 24.6xFY2027 29.6xFY2026 19.3xFY2026
EPS, next fiscal year $6.41FY2027 $1.38FY2026 $8.57FY2026
EPS growth, next FY +36.6%FY2027 – +26.8%FY2026
EPS growth, the year after +8.4% +79.0% +20.1%
Revenue, next fiscal year $26.80BFY2026 $4.58BFY2026 $2.64BFY2026
Revenue growth, next FY +13.6%FY2026 +79.7%FY2026 +16.4%FY2026
Revenue growth, the year after +6.3% +22.8% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJCILGNSPXC
Held by institutions 89.5% 100.0% 93.8%
Institutions holding 1,597 265 510
Change in shares held, QoQ -1.1% +17.6% +10.8%
Institutions buying 790 194 275
Institutions selling 557 58 162
Buyers to sellers 1.42 3.34 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JCILGNSPXC
JCI 1.00 0.42 0.58
LGN 0.42 1.00 0.53
SPXC 0.58 0.53 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JCI, LGN and SPXC?

Johnson Controls International (JCI) is the largest by market capitalisation: Johnson Controls International (JCI) $94.91B, Legence (LGN) $3.13B, SPX Technologies (SPXC) $8.25B.

Which stock is cheaper, JCI, LGN and SPXC?

SPX Technologies (SPXC) trades on the lowest price-to-earnings ratio (Johnson Controls International (JCI) 33.3x, Legence (LGN) -47.2x, SPX Technologies (SPXC) 29.6x). On next year's consensus earnings, SPX Technologies (SPXC) is cheapest (Johnson Controls International (JCI) 24.6x, Legence (LGN) 29.6x, SPX Technologies (SPXC) 19.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is more profitable?

SPX Technologies (SPXC) has the highest net margin (Legence (LGN) -2.0%, SPX Technologies (SPXC) 11.3%). On return on invested capital, SPX Technologies (SPXC) leads (Legence (LGN) 2.1%, SPX Technologies (SPXC) 10.5%).

Which stock has performed better?

Over the past year Johnson Controls International (JCI) returned the most: Johnson Controls International (JCI) +40.3%, Legence (LGN) +3.1%, SPX Technologies (SPXC) -16.2%. Over five years, SPX Technologies (SPXC) compounded fastest (Johnson Controls International (JCI) +16.5%/yr, SPX Technologies (SPXC) +23.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Johnson Controls International (JCI) has been the steadiest (Johnson Controls International (JCI) 31.8%, Legence (LGN) 73.1%, SPX Technologies (SPXC) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JCI, LGN and SPXC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, SPX Technologies (SPXC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.