JCI vs MOD vs SPXC Stock Comparison

Johnson Controls International, Modine Manufacturing and SPX Technologies Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

11 decided of 12

Johnson Controls International leads on 5 of the 12 questions below (Johnson Controls International 5, SPX Technologies 5, Modine Manufacturing 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJCIMODSPXCLeader
Larger companyMarket capitalisation $94.46B $7.23B $8.26B JCI
Cheaper on earningsLower P/E, profitable companies only 26.4x — 29.6x JCI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.1x 19.3x 18.9x SPXC
Faster revenue growthRevenue growth, trailing twelve months +6.8% — +20.6% SPXC
More profitableNet margin, trailing twelve months 14.3% — 11.3% JCI
Better return on capitalReturn on invested capital 10.5% — 10.5% SPXC
Less leveragedLower net debt / EBITDA 2.3x — 0.8x SPXC
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +30.6% -19.3% -16.7% JCI
Better 5-year returnAnnualised price return, 5 years +15.5%/yr +65.0%/yr +22.6%/yr MOD
Less volatileAnnualised volatility, 1 year 31.4% 71.8% 41.6% JCI
Higher overall scoreMean of the five percentile scores vs peers 44/100 — 71/100 SPXC

Percentile Scorecard

JCIMODSPXC

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

AxisJCIMODSPXC
Valuation 15 #48 of 56 – 42 #33 of 56
Growth 84 #9 of 52 – 100 #1 of 52
Profitability 62 #20 of 51 – 68 #17 of 51
Financial Health 25 #44 of 58 60 #24 of 58 74 #16 of 58
Shareholder Returns 35 #27 of 41 – –
Overall 44 – 71
  • JCI ranked among 60 companies in Construction Products
  • MOD ranked among 60 companies in Construction Products
  • SPXC ranked among 60 companies in Construction Products

Price Performance

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

Returns

PeriodJCIMODSPXCSPY
1 month -1.8%-34.3%-6.4% -0.8%
3 months +2.9%-43.5%-26.2% +3.5%
6 months +2.9%-46.9%-27.3% +7.0%
Year to date +23.2%-2.5%-19.2% +12.2%
1 year +30.6%-19.3%-16.7% +13.0%
3 years +205.9%+233.4%+105.7% +86.3%
3 years, per year +45.2%+49.4%+27.2% +23.1%
5 years +105.6%+1,120.9%+176.6% +68.6%
5 years, per year +15.5%+65.0%+22.6% +11.0%
10 years +234.5%+1,067.3%+719.3% +258.0%
10 years, per year +12.8%+27.9%+23.4% +13.6%

Risk

MeasureJCIMODSPXCSPY
Volatility, 1Y 31.4%71.8%41.6% 12.7%
Downside volatility, 1Y 32.6%76.7%41.8% 12.7%
Beta vs S&P 500, 1Y 1.143.091.75 1.00
Return / volatility, 1Y 0.98-0.27-0.40 1.02
Max drawdown, 5Y -43.1%-57.6%-38.3% -25.4%
From 52-week high -7.1%-57.6%-34.4% -1.8%
52-week high $158.77$306.89$246.41 $779.14
52-week low $110.85$119.68$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.

MultipleJCIMODSPXC
P/E now vs peer median 25.1xmedian 19.4x —median 19.4x 29.0xmedian 19.4x
P/S now vs peer median 3.6xmedian 1.5x —median 1.5x 3.3xmedian 1.5x
EV/EBITDA now vs peer median 26.1xmedian 12.1x —median 12.1x 16.1xmedian 12.1x
P/FCF now vs peer median 28.2xmedian 16.1x —median 16.1x 26.6xmedian 16.1x
P/B now vs peer median 6.6xmedian 2.9x 5.7xmedian 2.9x 3.4xmedian 2.9x
PEG now vs peer median 1.00median 0.93 —median 0.93 0.43median 0.93

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 monthsJCIMODSPXC
Revenue $25.00B – $2.48B
Gross profit $9.16B – $996.30M
Operating income $2.99B – $399.90M
Net income $3.58B – $278.90M
Free cash flow $3.17B – $304.30M
EPS (diluted) $5.87 – $5.50
Cash & equivalents $641.00M $73.50M $166.40M
Total debt $9.48B $436.30M $2.29B
Shares (diluted) 610.00M 52.80M 50.68M
Enterprise value $92.19B $6.85B $7.34B

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
MetricJCIMODSPXC
P/E 25.1x – 29.0x
P/FCF 28.2x – 26.6x
P/Operating cash flow 25.2x – 19.2x
P/S 3.6x – 3.3x
P/B 6.6x 5.7x 3.4x
P/Tangible book 9.0x 6.8x 6.1x
EV/EBITDA 26.1x – 16.1x
EV/EBIT 32.9x – 21.4x
EV/Revenue 3.9x – 3.5x
EV/FCF 31.0x – 28.1x
EV/Operating cash flow 27.7x – 20.2x
PEG (3Y EPS CAGR) 1.00 – 0.43

Growth

14 metrics
MetricJCIMODSPXC
Revenue growth (1Y) 6.8% – 20.6%
Revenue CAGR (3Y) 4.4% – 15.1%
Gross profit growth (1Y) 7.7% – 18.5%
Gross profit CAGR (3Y) 5.5% – 17.8%
Operating income growth (1Y) 14.1% – 24.1%
Operating income CAGR (3Y) 27.4% – 52.2%
Net income growth (1Y) 60.4% – 32.4%
Net income CAGR (3Y) 20.0% – 72.2%
EPS growth (1Y) 72.9% – 23.8%
EPS CAGR (3Y) 25.0% – 67.5%
Operating cash flow growth (1Y) 20.5% – 52.8%
Operating cash flow CAGR (3Y) 41.2% – 131.0%
Free cash flow growth (1Y) 29.8% – 23.8%
Free cash flow CAGR (3Y) 56.0% – 168.6%

Profitability

14 metrics
MetricJCIMODSPXC
Gross margin 36.7% – 40.2%
EBITDA margin 15.1% – 21.4%
Operating margin 12.0% – 16.2%
Pretax margin 10.9% – 14.8%
Net margin 14.3% – 11.3%
FCF margin 12.7% – 12.3%
Operating cash flow margin 14.2% – 17.1%
Return on equity 27.0% – 12.0%
Return on assets 9.5% – 7.1%
Return on invested capital 10.5% – 10.5%
Return on capital employed 11.0% – 12.1%
Asset turnover 0.6x – 0.6x
Cash conversion (OCF / net income) 1.0x – 1.5x
Stock comp / revenue 0.5% – 0.7%

Financial Health

11 metrics
MetricJCIMODSPXC
Debt / assets 24.4% 16.3% 15.6%
Debt / equity 0.7x 0.4x 0.3x
Net debt / EBITDA 2.3x – 0.8x
Debt / FCF 3.0x – 2.0x
Liabilities / assets 65.1% 55.0% 40.4%
Equity / assets 34.9% 45.0% 59.6%
Interest coverage – – 10.7x
Current ratio 1.0x 1.9x 1.8x
Quick ratio 0.9x 1.1x 1.1x
Cash ratio 0.1x 0.1x 0.3x
Altman Z-score – – 4.39

Shareholder Returns

7 metrics
MetricJCIMODSPXC
Dividend yield 1.1% – –
Net buyback yield 6.6% – –
Shareholder yield 7.7% 0.0% 0.0%
Payout ratio (earnings) 27.3% – –
Payout ratio (FCF) 30.8% – –
Dividend growth (1Y) -0.3% – –
Dividend CAGR (3Y) 0.2% – –

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.

ConsensusJCIMODSPXC
Forward P/E 30.1xFY2026 19.3xFY2026 18.9xFY2026
EPS, next fiscal year $4.90FY2026 $6.76FY2026 $8.57FY2026
EPS growth, next FY +30.3%FY2026 +46.3%FY2026 +26.8%FY2026
EPS growth, the year after +30.8% +52.2% +20.1%
Revenue, next fiscal year $26.80BFY2026 $4.20BFY2026 $2.64BFY2026
Revenue growth, next FY +13.6%FY2026 +32.2%FY2026 +16.4%FY2026
Revenue growth, the year after +6.3% +16.6% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJCIMODSPXC
Held by institutions 89.5% 98.5% 93.8%
Institutions holding 1,597 634 510
Change in shares held, QoQ -1.1% -4.8% +10.8%
Institutions buying 790 348 275
Institutions selling 557 223 162
Buyers to sellers 1.42 1.56 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.

JCIMODSPXC
JCI 1.00 0.63 0.58
MOD 0.63 1.00 0.60
SPXC 0.58 0.60 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JCI, MOD and SPXC?

Johnson Controls International (JCI) is the largest by market capitalisation: Johnson Controls International (JCI) $94.46B, Modine Manufacturing (MOD) $7.23B, SPX Technologies (SPXC) $8.26B.

Which stock is cheaper, JCI, MOD and SPXC?

Johnson Controls International (JCI) trades on the lowest price-to-earnings ratio (Johnson Controls International (JCI) 26.4x, SPX Technologies (SPXC) 29.6x). On next year's consensus earnings, SPX Technologies (SPXC) is cheapest (Johnson Controls International (JCI) 30.1x, Modine Manufacturing (MOD) 19.3x, SPX Technologies (SPXC) 18.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

SPX Technologies (SPXC) grew revenue fastest over the trailing twelve months: Johnson Controls International (JCI) +6.8%, SPX Technologies (SPXC) +20.6%.

Which company is more profitable?

Johnson Controls International (JCI) has the highest net margin (Johnson Controls International (JCI) 14.3%, SPX Technologies (SPXC) 11.3%). On return on invested capital, SPX Technologies (SPXC) leads (Johnson Controls International (JCI) 10.5%, 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) +30.6%, Modine Manufacturing (MOD) -19.3%, SPX Technologies (SPXC) -16.7%. Over five years, Modine Manufacturing (MOD) compounded fastest (Johnson Controls International (JCI) +15.5%/yr, Modine Manufacturing (MOD) +65.0%/yr, SPX Technologies (SPXC) +22.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Johnson Controls International (JCI) 0.01%, Modine Manufacturing (MOD) 0.00%, SPX Technologies (SPXC) 0.00%. Modine Manufacturing (MOD) and SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Johnson Controls International (JCI) has been the steadiest (Johnson Controls International (JCI) 31.4%, Modine Manufacturing (MOD) 71.8%, SPX Technologies (SPXC) 41.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JCI, MOD 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, Johnson Controls International (JCI) leads on 5. 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.