SPXC vs AYI vs JCI Stock Comparison

SPX Technologies, Acuity Inc. (De) and Johnson Controls International Prices as of Nov 4, 2026 Peers: Industry group
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AYI Acuity Inc. (De)
$337.58 +10.5% 1M -6.5% 1Y
Market cap
$10.02B
P/E
19.3x
Revenue (TTM)
$4.64B
Div. yield
0.24%
Building Products Industrials
5 wins

Head to Head

12 decided of 12

Johnson Controls International leads on 5 of the 12 questions below (Johnson Controls International 5, Acuity Inc. (De) 5, SPX Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSPXCAYIJCILeader
Larger companyMarket capitalisation $7.68B $10.02B $85.11B JCI
Cheaper on earningsLower P/E, profitable companies only 25.8x 19.3x 23.9x AYI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.9x 16.9x 21.9x AYI
Faster revenue growthRevenue growth, trailing twelve months +20.2% +6.8% +6.8% SPXC
More profitableNet margin, trailing twelve months 11.5% 11.4% 14.3% JCI
Better return on capitalReturn on invested capital 9.7% 15.4% 10.5% AYI
Less leveragedLower net debt / EBITDA 2.2x 0.1x 2.3x AYI
Higher dividend yieldTrailing dividend yield 0.00% 0.24% 1.14% JCI
Better 1-year returnPrice return, last 12 months -28.2% -6.5% +26.5% JCI
Better 5-year returnAnnualised price return, 5 years +18.3%/yr +9.4%/yr +13.5%/yr SPXC
Less volatileAnnualised volatility, 1 year 40.5% 38.5% 33.0% JCI
Higher overall scoreMean of the five percentile scores vs peers 62/100 82/100 47/100 AYI

Percentile Scorecard

SPXCAYIJCI

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

AxisSPXCAYIJCI
Valuation 36 #37 of 57 80 #12 of 57 18 #47 of 57
Growth 100 #1 of 54 85 #9 of 54 89 #7 of 54
Profitability 64 #20 of 53 75 #14 of 53 65 #19 of 53
Financial Health 50 #30 of 59 88 #8 of 59 26 #44 of 59
Shareholder Returns – 83 #8 of 42 37 #27 of 42
Overall 62 82 47
  • SPXC ranked among 59 companies in Construction Products
  • AYI ranked among 59 companies in Construction Products
  • JCI ranked among 59 companies in Construction Products

Price Performance

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

Returns

PeriodSPXCAYIJCISPY
1 month -13.3%+10.5%-10.4% -1.0%
3 months -28.7%-5.9%-8.5% -0.4%
6 months -27.9%+14.1%-1.8% +4.5%
Year to date -23.3%-6.2%+17.3% +12.4%
1 year -28.2%-6.5%+26.5% +13.6%
3 years +85.9%+97.9%+172.9% +76.4%
3 years, per year +23.0%+25.6%+39.8% +20.8%
5 years +131.4%+56.5%+88.3% +63.7%
5 years, per year +18.3%+9.4%+13.5% +10.4%
10 years +748.9%+49.2%+243.7% +267.7%
10 years, per year +23.9%+4.1%+13.1% +13.9%

Risk

MeasureSPXCAYIJCISPY
Volatility, 1Y 40.5%38.5%33.0% 12.8%
Downside volatility, 1Y 43.3%42.2%35.1% 12.7%
Beta vs S&P 500, 1Y 1.681.391.14 1.00
Return / volatility, 1Y -0.69-0.170.80 1.06
Max drawdown, 5Y -38.3%-34.7%-43.1% -25.4%
From 52-week high -37.8%-10.4%-11.5% -1.6%
52-week high $246.41$376.69$158.77 $779.14
52-week low $153.39$257.79$110.85 $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.

MultipleSPXCAYIJCI
P/E now vs peer median 25.8xmedian 22.2x 19.3xmedian 22.2x 23.9xmedian 22.2x
P/S now vs peer median 3.0xmedian 1.7x 2.2xmedian 1.7x 3.4xmedian 1.7x
EV/EBITDA now vs peer median 15.9xmedian 13.9x 11.6xmedian 13.9x 25.0xmedian 13.9x
P/FCF now vs peer median 33.7xmedian 18.0x 13.4xmedian 18.0x 26.9xmedian 18.0x
P/B now vs peer median 3.1xmedian 2.8x 3.4xmedian 2.8x 6.3xmedian 2.8x
PEG now vs peer median 0.24median 1.06 1.16median 1.06 0.95median 1.06

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 monthsSPXCAYIJCI
Revenue $2.60B $4.64B $25.00B
Gross profit $1.04B $2.35B $9.16B
Operating income $418.10M $713.70M $2.99B
Net income $298.10M $531.30M $3.58B
Free cash flow $228.00M $747.90M $3.17B
EPS (diluted) $5.89 $17.06 $5.87
Cash & equivalents $119.20M $636.30M $641.00M
Total debt $1.33B $697.40M $9.48B
Shares (diluted) 50.65M 31.15M 610.00M
Enterprise value $6.88B $8.33B $82.88B

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
MetricSPXCAYIJCI
P/E 25.8x 19.3x 23.9x
P/FCF 33.7x 13.4x 26.9x
P/Operating cash flow 20.4x 12.1x 24.0x
P/S 3.0x 2.2x 3.4x
P/B 3.1x 3.4x 6.3x
P/Tangible book 8.2x 5.1x 8.5x
EV/EBITDA 15.9x 11.6x 25.0x
EV/EBIT 21.3x 14.1x 31.5x
EV/Revenue 3.4x 2.2x 3.8x
EV/FCF 39.0x 13.5x 29.7x
EV/Operating cash flow 23.7x 12.2x 26.5x
PEG (3Y EPS CAGR) 0.24 1.16 0.95

Growth

14 metrics
MetricSPXCAYIJCI
Revenue growth (1Y) 20.2% 6.8% 6.8%
Revenue CAGR (3Y) 15.2% 5.5% 4.4%
Gross profit growth (1Y) 17.4% 13.1% 7.7%
Gross profit CAGR (3Y) 17.2% 11.1% 5.5%
Operating income growth (1Y) 22.8% 26.6% 14.1%
Operating income CAGR (3Y) 46.2% 14.7% 27.4%
Net income growth (1Y) 33.6% 34.0% 60.4%
Net income CAGR (3Y) 112.4% 15.4% 20.0%
EPS growth (1Y) 29.0% 36.1% 72.9%
EPS CAGR (3Y) 106.8% 16.6% 25.0%
Operating cash flow growth (1Y) 22.7% 37.3% 20.5%
Operating cash flow CAGR (3Y) 58.9% 12.6% 41.2%
Free cash flow growth (1Y) -16.5% 40.3% 29.8%
Free cash flow CAGR (3Y) 47.3% 13.5% 56.0%

Profitability

14 metrics
MetricSPXCAYIJCI
Gross margin 39.9% 50.6% 36.7%
EBITDA margin 21.5% 18.7% 15.1%
Operating margin 16.1% 15.4% 12.0%
Pretax margin 15.0% 14.7% 10.9%
Net margin 11.5% 11.4% 14.3%
FCF margin 8.8% 16.1% 12.7%
Operating cash flow margin 14.5% 17.8% 14.2%
Return on equity 12.4% 18.2% 27.0%
Return on assets 6.8% 11.2% 9.5%
Return on invested capital 9.7% 15.4% 10.5%
Return on capital employed 11.1% 19.5% 11.0%
Asset turnover 0.6x 1.0x 0.6x
Cash conversion (OCF / net income) 1.3x 1.6x 1.0x
Stock comp / revenue 0.7% 1.1% 0.5%

Financial Health

11 metrics
MetricSPXCAYIJCI
Debt / assets 27.5% 14.3% 24.4%
Debt / equity 0.5x 0.2x 0.7x
Net debt / EBITDA 2.2x 0.1x 2.3x
Debt / FCF 5.9x 0.9x 3.0x
Liabilities / assets 49.6% 39.0% 65.1%
Equity / assets 50.4% 61.0% 34.9%
Interest coverage 11.5x – –
Current ratio 1.8x 1.7x 1.0x
Quick ratio 1.1x 1.2x 0.9x
Cash ratio 0.2x 0.6x 0.1x
Altman Z-score 3.07 6.17 –

Shareholder Returns

7 metrics
MetricSPXCAYIJCI
Dividend yield – 0.2% 1.1%
Net buyback yield – 2.8% 6.9%
Shareholder yield 0.0% 3.0% 8.0%
Payout ratio (earnings) – 4.5% 27.3%
Payout ratio (FCF) – 3.2% 30.8%
Dividend growth (1Y) – 15.5% -0.3%
Dividend CAGR (3Y) – 12.3% 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.

ConsensusSPXCAYIJCI
Forward P/E 17.9xFY2026 16.9xFY2027 21.9xFY2027
EPS, next fiscal year $8.57FY2026 $20.01FY2027 $6.41FY2027
EPS growth, next FY +26.8%FY2026 +0.6%FY2027 +36.6%FY2027
EPS growth, the year after +20.1% +21.7% +8.4%
Revenue, next fiscal year $2.64BFY2026 $4.68BFY2027 $26.80BFY2026
Revenue growth, next FY +16.4%FY2026 +0.9%FY2027 +13.6%FY2026
Revenue growth, the year after +14.6% +14.4% +6.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSPXCAYIJCI
Held by institutions 93.8% 99.2% 89.5%
Institutions holding 512 634 1,600
Change in shares held, QoQ +10.8% +4.1% -1.1%
Institutions buying 277 331 792
Institutions selling 162 191 558
Buyers to sellers 1.71 1.73 1.42

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.

SPXCAYIJCI
SPXC 1.00 0.38 0.61
AYI 0.38 1.00 0.39
JCI 0.61 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SPXC, AYI and JCI?

Johnson Controls International (JCI) is the largest by market capitalisation: SPX Technologies (SPXC) $7.68B, Acuity Inc. (De) (AYI) $10.02B, Johnson Controls International (JCI) $85.11B.

Which stock is cheaper, SPXC, AYI and JCI?

Acuity Inc. (De) (AYI) trades on the lowest price-to-earnings ratio (SPX Technologies (SPXC) 25.8x, Acuity Inc. (De) (AYI) 19.3x, Johnson Controls International (JCI) 23.9x). On next year's consensus earnings, Acuity Inc. (De) (AYI) is cheapest (SPX Technologies (SPXC) 17.9x, Acuity Inc. (De) (AYI) 16.9x, Johnson Controls International (JCI) 21.9x). 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: SPX Technologies (SPXC) +20.2%, Acuity Inc. (De) (AYI) +6.8%, Johnson Controls International (JCI) +6.8%.

Which company is more profitable?

Johnson Controls International (JCI) has the highest net margin (SPX Technologies (SPXC) 11.5%, Acuity Inc. (De) (AYI) 11.4%, Johnson Controls International (JCI) 14.3%). On return on invested capital, Acuity Inc. (De) (AYI) leads (SPX Technologies (SPXC) 9.7%, Acuity Inc. (De) (AYI) 15.4%, Johnson Controls International (JCI) 10.5%).

Which stock has performed better?

Over the past year Johnson Controls International (JCI) returned the most: SPX Technologies (SPXC) -28.2%, Acuity Inc. (De) (AYI) -6.5%, Johnson Controls International (JCI) +26.5%. Over five years, SPX Technologies (SPXC) compounded fastest (SPX Technologies (SPXC) +18.3%/yr, Acuity Inc. (De) (AYI) +9.4%/yr, Johnson Controls International (JCI) +13.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Johnson Controls International (JCI) has the highest dividend yield: SPX Technologies (SPXC) 0.00%, Acuity Inc. (De) (AYI) 0.24%, Johnson Controls International (JCI) 1.14%. SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Johnson Controls International (JCI) has been the steadiest (SPX Technologies (SPXC) 40.5%, Acuity Inc. (De) (AYI) 38.5%, Johnson Controls International (JCI) 33.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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.