JCI vs. WAB: Johnson Controls vs. Wabtec Stock Comparison

November 11, 2026

How do Johnson Controls (JCI) and Wabtec (WAB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Johnson Controls (JCI) and Wabtec (WAB) both fall under the Capital Goods industry group, but JCI is classified in Building Products while WAB is classified in Machinery.

Company profile comparison for Johnson Controls (JCI) and Wabtec (WAB)
Profile Item	JCI	WAB
Name	Johnson Controls International plc	Wabtec Corporation
Country/Region	Ireland	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Machinery
GICS Sub-Industry	Building Products	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	81.79 billion USD	47.59 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	September 28, 1987	June 16, 1995
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

JCI

WAB

GSPC

Johnson Controls (JCI) vs. Wabtec (WAB), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Johnson Controls (JCI) and Wabtec (WAB). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Johnson Controls (JCI) and Wabtec (WAB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
Total Return (1Y)	17.11%	44.64%
Total Return (3Y, Annualized)	43.46%	39.37%
Total Return (5Y, Annualized)	15.29%	25.90%

Risk Profile

Drawdown History

JCI

WAB

GSPC

Johnson Controls (JCI) vs. Wabtec (WAB), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Johnson Controls (JCI) and Wabtec (WAB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
Volatility (1Y, Annualized)	32.91%	27.53%
Beta (5Y)	1.29	0.91
Max Drawdown (5Y)	-42.32%	-23.55%
Avg. Volume (3M)	3.57M	890.96K

Risk-Adjusted Performance

Risk-Return Positioning

JCI and WAB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
Sharpe Ratio (1Y)	0.39	1.47
Sortino Ratio (1Y)	0.54	2.34

Profitability

ROE (TTM)

Johnson Controls (JCI) at 21.73% sits in the top ROE quartile, while Wabtec (WAB) at 12.24% is closer to the peer norm — stronger capital efficiency for JCI.

JCI

Capital Goods industry group

21.73%

Max: 40.55%
JCI: 21.73%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

WAB

Capital Goods industry group

12.24%

Max: 40.55%
Q3: 19.29%
WAB: 12.24%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Johnson Controls (JCI) at 11.12% and Wabtec (WAB) at 11.20% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

JCI

Capital Goods industry group

11.12%

Max: 27.47%
Q3: 12.10%
JCI: 11.12%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

WAB

Capital Goods industry group

11.20%

Max: 27.47%
Q3: 12.10%
WAB: 11.20%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Wabtec (WAB) at 20.22% operates in the top operating margin quartile, ahead of Johnson Controls (JCI) at 17.21%, which runs around its industry’s norm.

JCI

Capital Goods industry group

17.21%

Max: 36.60%
Q3: 18.33%
JCI: 17.21%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

WAB

Capital Goods industry group

20.22%

Max: 36.60%
WAB: 20.22%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
ROE (TTM)	21.73%	12.24%
ROA (TTM)	6.41%	6.28%
Net Margin (TTM)	11.12%	11.20%
Operating Margin (TTM)	17.21%	20.22%
Gross Margin (TTM)	37.07%	36.17%

Growth

Revenue Growth

Both Johnson Controls (JCI) at 2.81% and Wabtec (WAB) at 7.51% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Johnson Controls (JCI) at 99.60% sits in the top EPS growth quartile, while Wabtec (WAB) at 13.08% is closer to the peer norm — faster per-share earnings growth for JCI.

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
Revenue Growth (YoY)	2.81%	7.51%
Revenue Growth (3Y CAGR)	4.57%	10.12%
EPS Growth (YoY)	99.60%	13.08%
EPS Growth (3Y CAGR)	31.94%	25.44%

Financial Strength

Current Ratio (MRQ)

Both Johnson Controls (JCI) at 0.90 and Wabtec (WAB) at 1.10 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

JCI

Capital Goods industry group

0.90

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
JCI: 0.90
Min: 0.36

WAB

Capital Goods industry group

1.10

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
WAB: 1.10
Min: 0.36

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Johnson Controls (JCI) at 0.68 and Wabtec (WAB) at 0.60 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

JCI

Capital Goods industry group

0.68

Max: 2.33
Q3: 1.12
JCI: 0.68
Median: 0.60
Q1: 0.29
Min: 0.00

WAB

Capital Goods industry group

0.60

Max: 2.33
Q3: 1.12
WAB: 0.60
Median: 0.60
Q1: 0.29
Min: 0.00

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
Current Ratio (MRQ)	0.90	1.10
Debt / Equity (MRQ)	0.68	0.60
Net Debt / EBITDA	1.86	2.28

Dividends

Dividend Yield (TTM)

Johnson Controls (JCI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Wabtec (WAB) reports a yield of 0.42%, ranking against industry peers normally.

JCI

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
JCI: 0.00%
Q1: 0.00%
Min: 0.00%

WAB

Capital Goods industry group

0.42%

Max: 2.66%
Q3: 1.14%
WAB: 0.42%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Wabtec (WAB) at 14.66% pays out a band-typical share of earnings, while Johnson Controls (JCI) at 45.20% distributes more than its industry norm — less retained, thinner cover.

JCI

Capital Goods industry group

45.20%

Max: 67.39%
JCI: 45.20%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

WAB

Capital Goods industry group

14.66%

Max: 67.39%
Q3: 28.02%
WAB: 14.66%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
Dividend Yield (TTM)	0.00%	0.42%
Dividend Payout Ratio (TTM)	45.20%	14.66%

Valuation

P/E Ratio (TTM)

Both Johnson Controls (JCI) at 28.61 and Wabtec (WAB) at 35.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

JCI

Capital Goods industry group

28.61

Max: 59.38
Q3: 35.92
JCI: 28.61
Median: 25.41
Q1: 19.47
Min: 3.03

WAB

Capital Goods industry group

35.23

Max: 59.38
Q3: 35.92
WAB: 35.23
Median: 25.41
Q1: 19.47
Min: 3.03

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Johnson Controls (JCI) at 3.19 is priced about in line with its industry on P/S ratio, while Wabtec (WAB) at 3.90 sits in the pricier quartile — WAB costs more per dollar of sales.

JCI

Capital Goods industry group

3.19

Max: 7.54
Q3: 3.76
JCI: 3.19
Median: 2.15
Q1: 1.03
Min: 0.03

WAB

Capital Goods industry group

3.90

Max: 7.54
WAB: 3.90
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Wabtec (WAB) at 4.20 is valued about in line with its industry on P/B ratio, while Johnson Controls (JCI) at 5.99 carries an above-peer premium to book — JCI is pricier on assets.

JCI

Capital Goods industry group

5.99

Max: 9.66
JCI: 5.99
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

WAB

Capital Goods industry group

4.20

Max: 9.66
Q3: 5.00
WAB: 4.20
Median: 3.12
Q1: 1.81
Min: -1.08

Johnson Controls (JCI) vs. Wabtec (WAB): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Johnson Controls (JCI) and Wabtec (WAB)
Metric	JCI	WAB
P/E Ratio (TTM)	28.61	35.23
P/S Ratio (TTM)	3.19	3.90
P/B Ratio (MRQ)	5.99	4.20
Free Cash Flow Yield (TTM)	3.81%	2.60%