Stocks · Health care · Pharmaceutical Preparations

Johnson & Johnson

JNJ Clue Score64
United States Fiscal year ends January CIK 0000200406
$261.44 +1.93% Close, 9 Oct 2026
Price $261.44 +63.15% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Revenue71.89Net income16.54EPS, diluted5.93Fiscal year 2017Revenue76.45 +6.3%Net income1.30 −92.1%EPS, diluted0.47 −92.1%Fiscal year 2018Revenue81.58 +6.7%Net income15.30 +1,076.7%EPS, diluted5.61 +1,093.6%Fiscal year 2019Revenue82.06 +0.6%Net income15.12 −1.2%EPS, diluted5.63 +0.4%Fiscal year 2021Revenue82.58 +0.6%Net income14.71 −2.7%EPS, diluted5.51 −2.1%Fiscal year 2022Revenue78.74 −4.7%Net income20.88 +41.9%EPS, diluted7.81 +41.7%Fiscal year 2023Revenue79.99 +1.6%Net income17.94 −14.1%EPS, diluted6.73 −13.8%Fiscal year 2023Revenue85.16 +6.5%Net income35.15 +95.9%EPS, diluted13.72 +103.9%Fiscal year 2024Revenue88.82 +4.3%Net income14.07 −60.0%EPS, diluted5.79 −57.8%Fiscal year 2025Revenue94.19 +6.0%Net income26.80 +90.6%EPS, diluted11.03 +90.5%
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Revenue 71.89 76.45 81.58 82.06 82.58 78.74 79.99 85.16 88.82 94.19
Growth +6.3% +6.7% +0.6% +0.6% −4.7% +1.6% +6.5% +4.3% +6.0%
Net income 16.54 1.30 15.30 15.12 14.71 20.88 17.94 35.15 14.07 26.80
Growth −92.1% +1,076.7% −1.2% −2.7% +41.9% −14.1% +95.9% −60.0% +90.6%
EPS, diluted 5.93 0.47 5.61 5.63 5.51 7.81 6.73 13.72 5.79 11.03
Growth −92.1% +1,093.6% +0.4% −2.1% +41.7% −13.8% +103.9% −57.8% +90.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginNet margin
Fiscal year 2017Gross margin69.7%Net margin23.0%Free cash flow margin21.6%Fiscal year 2017Gross margin66.7%Net margin1.7%Free cash flow margin23.3%Fiscal year 2018Gross margin66.8%Net margin18.8%Free cash flow margin22.7%Fiscal year 2019Gross margin66.4%Net margin18.4%Free cash flow margin24.3%Fiscal year 2021Gross margin65.6%Net margin17.8%Free cash flow margin24.4%Fiscal year 2022Gross margin70.3%Net margin26.5%Free cash flow margin25.1%Fiscal year 2023Gross margin69.3%Net margin22.4%Free cash flow margin21.5%Fiscal year 2023Gross margin68.8%Net margin41.3%Free cash flow margin21.4%Fiscal year 2024Gross margin69.1%Net margin15.8%Free cash flow margin22.3%Fiscal year 2025Gross margin67.9%Net margin28.5%Free cash flow margin20.9%
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Gross margin 69.7% 66.7% 66.8% 66.4% 65.6% 70.3% 69.3% 68.8% 69.1% 67.9%
Net margin 23.0% 1.7% 18.8% 18.4% 17.8% 26.5% 22.4% 41.3% 15.8% 28.5%
Free cash flow margin 21.6% 23.3% 22.7% 24.3% 24.4% 25.1% 21.5% 21.4% 22.3% 20.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow18.77Capital expenditure−3.23Free cash flow15.54Buybacks−8.98Fiscal year 2017Operating cash flow21.06Capital expenditure−3.28Free cash flow17.78 +14.4%Buybacks−6.36Fiscal year 2018Operating cash flow22.20Capital expenditure−3.67Free cash flow18.53 +4.2%Buybacks−5.87Fiscal year 2019Operating cash flow23.42Capital expenditure−3.50Free cash flow19.92 +7.5%Buybacks−6.75Fiscal year 2021Operating cash flow23.54Capital expenditure−3.35Free cash flow20.19 +1.4%Buybacks−3.22Fiscal year 2022Operating cash flow23.41Capital expenditure−3.65Free cash flow19.76 −2.1%Buybacks−3.46Fiscal year 2023Operating cash flow21.19Capital expenditure−4.01Free cash flow17.19 −13.0%Buybacks−6.04Fiscal year 2023Operating cash flow22.79Capital expenditure−4.54Free cash flow18.25 +6.2%Buybacks−5.05Fiscal year 2024Operating cash flow24.27Capital expenditure−4.42Free cash flow19.84 +8.7%Buybacks−2.43Fiscal year 2025Operating cash flow24.53Capital expenditure−4.83Free cash flow19.70 −0.7%Buybacks−5.95
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Operating cash flow 18.77 21.06 22.20 23.42 23.54 23.41 21.19 22.79 24.27 24.53
Capital expenditure −3.23 −3.28 −3.67 −3.50 −3.35 −3.65 −4.01 −4.54 −4.42 −4.83
Free cash flow 15.54 17.78 18.53 19.92 20.19 19.76 17.19 18.25 19.84 19.70
Growth +14.4% +4.2% +7.5% +1.4% −2.1% −13.0% +6.2% +8.7% −0.7%
Buybacks −8.98 −6.36 −5.87 −6.75 −3.22 −3.46 −6.04 −5.05 −2.43 −5.95

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash18.97Total debt24.14Net cash (debt)−5.17Shareholders’ equity70.42Debt to equity0.34Fiscal year 2017Cash17.82Total debt32.18Net cash (debt)−14.35Shareholders’ equity60.16Debt to equity0.53Fiscal year 2018Cash18.11Total debt30.28Net cash (debt)−12.18Shareholders’ equity59.75Debt to equity0.51Fiscal year 2019Cash17.31Total debt26.49Net cash (debt)−9.19Shareholders’ equity59.47Debt to equity0.45Fiscal year 2021Cash13.99Total debt34.43Net cash (debt)−20.45Shareholders’ equity63.28Debt to equity0.54Fiscal year 2022Cash14.49Total debt32.12Net cash (debt)−17.63Shareholders’ equity74.02Debt to equity0.43Fiscal year 2023Cash12.89Total debt28.44Net cash (debt)−15.55Shareholders’ equity76.80Debt to equity0.37Fiscal year 2023Cash21.86Total debt27.35Net cash (debt)−5.49Shareholders’ equity68.77Debt to equity0.40Fiscal year 2024Cash24.11Total debt32.40Net cash (debt)−8.30Shareholders’ equity71.49Debt to equity0.45Fiscal year 2025Cash19.71Total debt41.44Net cash (debt)−21.73Shareholders’ equity81.54Debt to equity0.51
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Cash 18.97 17.82 18.11 17.31 13.99 14.49 12.89 21.86 24.11 19.71
Total debt 24.14 32.18 30.28 26.49 34.43 32.12 28.44 27.35 32.40 41.44
Net cash (debt) −5.17 −14.35 −12.18 −9.19 −20.45 −17.63 −15.55 −5.49 −8.30 −21.73
Shareholders’ equity 70.42 60.16 59.75 59.47 63.28 74.02 76.80 68.77 71.49 81.54
Debt to equity 0.34 0.53 0.51 0.45 0.54 0.43 0.37 0.40 0.45 0.51

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 1 Jan 2017 FY2017 31 Dec 2017 FY2018 30 Dec 2018 FY2019 29 Dec 2019 FY2021 3 Jan 2021 FY2022 2 Jan 2022 FY2023 1 Jan 2023 FY2023 31 Dec 2023 FY2024 29 Dec 2024 FY2025 28 Dec 2025
Margins
69.7% 66.7% 66.8% 66.4% 65.6% 70.3% 69.3% 68.8% 69.1% 67.9%
27.5% 23.1% 22.1% 21.1% 20.0% 24.4% 24.2% 17.7% 18.8% 34.6%
23.0% 1.7% 18.8% 18.4% 17.8% 26.5% 22.4% 41.3% 15.8% 28.5%
21.6% 23.3% 22.7% 24.3% 24.4% 25.1% 21.5% 21.4% 22.3% 20.9%
Spending
n/a n/a n/a n/a n/a 0.0% 0.0% 0.6% 2.1% 0.1%
27.9% 28.1% 27.6% 27.0% 26.7% 25.5% 25.3% 25.3% 25.7% 25.1%
4.5% 4.3% 4.5% 4.3% 4.1% 4.6% 5.0% 5.3% 5.0% 5.1%
16.5% 92.6% 15.0% 12.7% 10.8% 7.2% 15.4% 11.5% 15.7% 17.7%
Returns
23.5% 2.2% 25.6% 25.4% 23.3% 28.2% 23.4% 51.1% 19.7% 32.9%
11.7% 0.8% 10.0% 9.6% 8.4% 11.5% 9.6% 21.0% 7.8% 13.5%
Balance and payout
0.34 0.53 0.51 0.45 0.54 0.43 0.37 0.40 0.45 0.51
50.1% 61.8% 60.9% 62.3% 63.8% 59.3% 59.0% 59.0% 60.3% 59.1%
57.8% 35.8% 31.7% 33.9% 16.0% 17.5% 35.1% 27.7% 12.3% 30.2%