Johnson Controls reported $27.1B of remaining performance obligations at 30 Jun 2026, up 21% from a year earlier and up 3% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.12.
Net new backlog added in the latest quarter: $800M.
Over the last twelve months it turned about 105% of its opening backlog into revenue (12-month conversion).
The company reports 68% of the backlog due within the first 24 months.
Customer prepayments (contract liabilities) cover 10.9% of the backlog.
Twelve-month book-to-bill: 1.19, i.e. 1.19 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +14 points — orders are running ahead of revenue.
By backlog size it ranks 35th among US filers the cockpit tracks.
Johnson Controls backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
30 Jun 2026
$27.1B
$25.0B
1.1 yrs
$2.94B
31 Mar 2026
$26.3B
$24.4B
1.1 yrs
$2.85B
31 Dec 2025
$24.5B
$24.0B
1.0 yrs
$2.54B
30 Sep 2025
$22.7B
$23.6B
1.0 yrs
$2.47B
30 Jun 2025
$22.4B
$23.4B
1.0 yrs
$2.43B
31 Mar 2025
$22.0B
$23.2B
0.9 yrs
$2.38B
31 Dec 2024
$20.9B
$23.2B
0.9 yrs
$2.21B
30 Sep 2024
$21.1B
$23.0B
0.9 yrs
$2.16B
30 Jun 2024
$21.4B
$19.1B
1.1 yrs
$2.14B
31 Mar 2024
$21.2B
$20.4B
1.0 yrs
$2.33B
30 Sep 2023
$19.6B
$22.3B
0.9 yrs
$1.92B
30 Jun 2022
$17.5B
$25.0B
0.7 yrs
$1.85B
Questions
What is Johnson Controls's backlog?
Johnson Controls reported $27.1B of remaining performance obligations at 30 Jun 2026, up 21% from a year earlier and up 3% from the previous quarter. That is 1.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.12.
How fast does Johnson Controls's backlog turn into revenue?
Over the last twelve months Johnson Controls recognised revenue equal to about 105% of the backlog it started each quarter with.
About these numbers
Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.