Showing posts with label Johnson Controls. Show all posts
Showing posts with label Johnson Controls. Show all posts

Saturday, December 10, 2011

Overcompensating?

Johnson Controls reported record sales for the fiscal year ending September 30, 2011. Sales rose 9% in 2011. Earnings rose 19%.

As of September 29, 2010 Johnson Controls stock price was $25.94. One year later, September 29, 2011, the price was $27.40. This was a 5.6 percent increase.

As of December 9, 2010 Johnson Controls stock price was $37.93. One year later, December 9, 2011 the value was down to $31.95. A 15.8 percent decline.

The highest stock price for Johnson Controls, over the past 10 years, was October 22, 2007 at $42.74. Recently, July 11, 2011, the stock price reached $40.85. Considering the current value ($31.95), Johnson stock has seen a 21.8 percent decline since July 2011.

[On March 2, 2009 the stock was down to $9.13, the lowest since September 18, 2000 when it was $7.98.]

Steve Roell, Johnson Controls CEO, saw his total compensation increase from $17.56 million to $22.34 million for 2011. A 27.2 percent increase.

I'll let you decide whether this is a fair compensation. Or, whether "we're broke" and the rich "job creators" are unable to pay a small percentage more in taxes.