JNJ

Updated: Mar 12, 2026 11:30 AM

Johnson & Johnson

Market Cap: $526.82B P/S: 22x Ownership — Insider: 0.0% | Institutional: 75.0% | Retail: 24.9% HEALTHCARE DRUG MANUFACTURERS - GENERAL

Johnson & Johnson (JNJ), founded in 1886, is a premier American multinational corporation at the forefront of the global healthcare sector, acclaimed for its diversified product offerings in pharmaceuticals, medical devices, and consumer health products. With an unwavering commitment to innovation and quality, JNJ has established a robust financial profile, highlighted by its AAA credit rating and consistent presence on the Dow Jones Industrial Average. Ranked 36th on the Fortune 500 list, the company is strategically positioned to leverage emerging opportunities in the dynamic healthcare landscape while focusing on sustainable growth and long-term value creation for its stakeholders.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for JNJ (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               0.00B                    22.21B                    44.41B                    66.62B                    88.82B
               |                         |                         |                         |                         |

  2005-12-31 |  50.51B
  2006-12-31 |  53.32B
  2007-12-31 |  61.09B
  2008-12-31 |  63.75B
  2009-12-31 |  61.90B
  2010-12-31 |  61.59B
  2011-12-31 |  65.03B
  2012-12-31 |  67.22B
  2013-12-31 |  71.31B
  2014-12-31 |  74.33B
  2015-12-31 |  70.07B
  2016-12-31 |  71.89B
  2017-12-31 |  76.45B
  2018-12-31 |  81.58B
  2019-12-31 |  82.06B
  2020-12-31 |  82.58B
  2021-12-31 |  78.74B
  2022-12-31 |  79.99B
  2023-12-31 |  85.16B
  2024-12-31 |  88.82B

               |                         |                         |                         |                         |
               0.00B                    22.21B                    44.41B                    66.62B                    88.82B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              20/20 dates (100%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for JNJ (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     7.27B                    14.53B                    21.80B                    29.07B
               |                         |                         |                         |                         |

  2005-12-31 |  16.88B
  2006-12-31 |  17.43B
  2007-12-31 |  28.13B
  2008-12-31 |  29.07B
  2009-12-31 |  19.80B
  2010-12-31 |  19.42B
  2011-12-31 |  20.97B
  2012-12-31 |  21.66B
  2013-12-31 |  22.34B
  2014-12-31 |  22.75B
  2015-12-31 |  21.54B
  2016-12-31 |  21.79B
  2017-12-31 |  25.44B
  2018-12-31 |  27.09B
  2019-12-31 |  27.56B
  2020-12-31 |  28.43B
  2021-12-31 |  23.40B
  2022-12-31 |  24.60B
  2023-12-31 |  26.74B
  2024-12-31 |  27.47B

               |                         |                         |                         |                         |
               0.00B                     7.27B                    14.53B                    21.80B                    29.07B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for JNJ (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                     9.91B                    19.82B                    29.73B                    39.64B
               |                         |                         |                         |                         |

  2005-12-31 |  16.05B
  2006-12-31 |  14.25B
  2007-12-31 |  15.25B
  2008-12-31 |  14.97B
  2009-12-31 |  16.57B
  2010-12-31 |  19.36B
  2011-12-31 |  24.54B
  2012-12-31 |  16.16B
  2013-12-31 |  20.93B
  2014-12-31 |  18.76B
  2015-12-31 |  19.86B
  2016-12-31 |  27.13B
  2017-12-31 |  34.58B
  2018-12-31 |  30.48B
  2019-12-31 |  27.70B
  2020-12-31 |  35.27B
  2021-12-31 |  33.75B
  2022-12-31 |  39.64B
  2023-12-31 |  29.33B
  2024-12-31 |  36.63B

               |                         |                         |                         |                         |
               0.00B                     9.91B                    19.82B                    29.73B                    39.64B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for JNJ (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     6.07B                    12.13B                    18.20B                    24.27B
               |                         |                         |                         |                         |

  2005-12-31 |  11.88B
  2006-12-31 |  14.25B
  2007-12-31 |  15.25B
  2008-12-31 |  14.97B
  2009-12-31 |  16.57B
  2010-12-31 |  16.39B
  2011-12-31 |  14.30B
  2012-12-31 |  15.40B
  2013-12-31 |  17.41B
  2014-12-31 |  18.47B
  2015-12-31 |  19.28B
  2016-12-31 |  18.77B
  2017-12-31 |  21.06B
  2018-12-31 |  22.20B
  2019-12-31 |  23.42B
  2020-12-31 |  23.54B
  2021-12-31 |  23.41B
  2022-12-31 |  21.19B
  2023-12-31 |  22.79B
  2024-12-31 |  24.27B

               |                         |                         |                         |                         |
               0.00B                     6.07B                    12.13B                    18.20B                    24.27B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for JNJ (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                    46.84B                    93.69B                    140.53B                   187.38B
               |                         |                         |                         |                         |

  2005-12-31 |  58.86B
  2006-12-31 |  70.56B
  2007-12-31 |  80.95B
  2008-12-31 |  84.91B
  2009-12-31 |  94.68B
  2010-12-31 |  102.91B
  2011-12-31 |  113.64B
  2012-12-31 |  121.35B
  2013-12-31 |  132.68B
  2014-12-31 |  130.36B
  2015-12-31 |  133.41B
  2016-12-31 |  141.21B
  2017-12-31 |  157.30B
  2018-12-31 |  152.95B
  2019-12-31 |  157.73B
  2020-12-31 |  174.89B
  2021-12-31 |  182.02B
  2022-12-31 |  187.38B
  2023-12-31 |  167.56B
  2024-12-31 |  180.10B

               |                         |                         |                         |                         |
               0.00B                    46.84B                    93.69B                    140.53B                   187.38B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for JNJ (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               0.00B                    19.20B                    38.40B                    57.60B                    76.80B
               |                         |                         |                         |                         |

  2005-12-31 |  38.71B
  2006-12-31 |  39.32B
  2007-12-31 |  43.32B
  2008-12-31 |  42.51B
  2009-12-31 |  50.59B
  2010-12-31 |  56.58B
  2011-12-31 |  57.08B
  2012-12-31 |  64.83B
  2013-12-31 |  74.05B
  2014-12-31 |  69.75B
  2015-12-31 |  71.15B
  2016-12-31 |  70.42B
  2017-12-31 |  60.16B
  2018-12-31 |  59.75B
  2019-12-31 |  59.47B
  2020-12-31 |  63.28B
  2021-12-31 |  74.02B
  2022-12-31 |  76.80B
  2023-12-31 |  68.77B
  2024-12-31 |  71.49B

               |                         |                         |                         |                         |
               0.00B                    19.20B                    38.40B                    57.60B                    76.80B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for JNJ (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -26.03B                   -13.01B                    0.00B                    13.01B                    26.03B
               |                         |                         |                         |                         |

  2019-09-30 |                                                     |  20.73B
  2019-12-31 |                                                     |  20.75B
  2020-03-31 |                                                     |  20.69B
  2020-06-30 |                                                     |  18.34B
  2020-09-30 |                                                     |  21.08B
  2020-12-31 |                                                     |  22.48B
  2021-03-31 |                                                     |  22.32B
  2021-06-30 |                                                     |  23.31B
  2021-09-30 |                                                     |  23.34B
  2021-12-31 |                                                     |  24.80B
  2022-03-31 |                                                     |  23.43B
  2022-06-30 |                                                     |  24.02B
  2022-09-30 |                                                     |  23.79B
  2022-12-31 |                                                     |  23.71B
  2023-03-31 |                                                    |  20.89B
  2023-06-30 |                                                     |  21.52B
  2023-09-30 |                                                     | 26.03B
  2023-12-31 |                                                     |  21.39B
  2024-03-31 |                                                     |  21.38B
  2024-06-30 |                                                     |  22.45B
  2024-09-30 |                                                     |  22.47B
  2024-12-31 |                                                     |  22.52B
  2025-03-31 |                                                     |  21.89B
  2025-06-30 |                                                     |  23.74B
  2025-09-30 |                                                     |  23.99B

               |                         |                         |                         |                         |
               -26.03B                   -13.01B                    0.00B                    13.01B                    26.03B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for JNJ (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     1.99B                     3.98B                     5.97B                     7.96B
               |                         |                         |                         |                         |

  2019-09-30 |  6.87B
  2019-12-31 |  7.13B
  2020-03-31 |  7.06B
  2020-06-30 |  6.58B
  2020-09-30 |  6.97B
  2020-12-31 |  7.81B
  2021-03-31 |  7.06B
  2021-06-30 |  7.59B
  2021-09-30 |  7.25B
  2021-12-31 |  7.96B
  2022-03-31 |  7.60B
  2022-06-30 |  7.92B
  2022-09-30 |  7.81B
  2022-12-31 |  7.76B
  2023-03-31 |  6.69B
  2023-06-30 |  6.46B
  2023-09-30 |  6.61B
  2023-12-31 |  6.80B
  2024-03-31 |  6.51B
  2024-06-30 |  6.87B
  2024-09-30 |  6.96B
  2024-12-31 |  7.13B
  2025-03-31 |  7.36B
  2025-06-30 |  7.63B
  2025-09-30 |  7.30B

               |                         |                         |                         |                         |
               0.00B                     1.99B                     3.98B                     5.97B                     7.96B

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for JNJ (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               0.00B                    13.23B                    26.45B                    39.68B                    52.91B
               |                         |                         |                         |                         |

  2019-09-30 |  29.22B
  2019-12-31 |  27.70B
  2020-03-31 |  27.58B
  2020-06-30 |  30.39B
  2020-09-30 |  37.76B
  2020-12-31 |  35.27B
  2021-03-31 |  33.61B
  2021-06-30 |  33.48B
  2021-09-30 |  33.93B
  2021-12-31 |  33.75B
  2022-03-31 |  33.15B
  2022-06-30 |  32.60B
  2022-09-30 |  32.03B
  2022-12-31 |  39.64B
  2023-03-31 |  52.91B
  2023-06-30 |  45.60B
  2023-09-30 |  29.92B
  2023-12-31 |  29.33B
  2024-03-31 |  33.63B
  2024-06-30 |  41.49B
  2024-09-30 |  35.75B
  2024-12-31 |  36.63B
  2025-03-31 |  52.25B
  2025-06-30 |  50.76B
  2025-09-30 |  45.80B

               |                         |                         |                         |                         |
               0.00B                    13.23B                    26.45B                    39.68B                    52.91B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for JNJ (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               0.00B                     2.29B                     4.58B                     6.88B                     9.17B
               |                         |                         |                         |                         |

  2019-09-30 |  7.53B
  2019-12-31 |  6.40B
  2020-03-31 |  3.36B
  2020-06-30 |  3.45B
  2020-09-30 |  8.38B
  2020-12-31 |  8.34B
  2021-03-31 |  4.07B
  2021-06-30 |  5.31B
  2021-09-30 |  8.29B
  2021-12-31 |  5.73B
  2022-03-31 |  3.98B
  2022-06-30 |  5.58B
  2022-09-30 |  6.28B
  2022-12-31 |  5.35B
  2023-03-31 |  3.26B
  2023-06-30 |  4.18B
  2023-09-30 |  7.49B
  2023-12-31 |  7.86B
  2024-03-31 |  3.66B
  2024-06-30 |  5.63B
  2024-09-30 |  7.99B
  2024-12-31 |  6.98B
  2025-03-31 |  4.17B
  2025-06-30 |  3.88B
  2025-09-30 |  9.17B

               |                         |                         |                         |                         |
               0.00B                     2.29B                     4.58B                     6.88B                     9.17B

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for JNJ (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00B                    48.99B                    97.98B                    146.98B                   195.97B
               |                         |                         |                         |                         |

  2019-09-30 |  155.52B
  2019-12-31 |  157.73B
  2020-03-31 |  155.02B
  2020-06-30 |  158.38B
  2020-09-30 |  170.69B
  2020-12-31 |  174.89B
  2021-03-31 |  172.56B
  2021-06-30 |  176.44B
  2021-09-30 |  179.23B
  2021-12-31 |  182.02B
  2022-03-31 |  178.35B
  2022-06-30 |  177.72B
  2022-09-30 |  175.12B
  2022-12-31 |  187.38B
  2023-03-31 |  195.97B
  2023-06-30 |  191.69B
  2023-09-30 |  166.06B
  2023-12-31 |  167.56B
  2024-03-31 |  171.97B
  2024-06-30 |  181.09B
  2024-09-30 |  178.29B
  2024-12-31 |  180.10B
  2025-03-31 |  193.67B
  2025-06-30 |  193.39B
  2025-09-30 |  192.82B

               |                         |                         |                         |                         |
               0.00B                    48.99B                    97.98B                    146.98B                   195.97B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for JNJ (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -79.28B                   -39.64B                    0.00B                    39.64B                    79.28B
               |                         |                         |                         |                         |

  2019-09-30 |                                                     |  58.21B
  2019-12-31 |                                                     |  59.47B
  2020-03-31 |                                                     |  61.29B
  2020-06-30 |                                                     |  62.98B
  2020-09-30 |                                                     |  64.47B
  2020-12-31 |                                                     |  63.28B
  2021-03-31 |                                                     |  65.83B
  2021-06-30 |                                                     |  69.58B
  2021-09-30 |                                                     |  70.27B
  2021-12-31 |                                                     |  74.02B
  2022-03-31 |                                                     |  74.71B
  2022-06-30 |                                                     |  76.36B
  2022-09-30 |                                                     |  74.60B
  2022-12-31 |                                                     |  76.80B
  2023-03-31 |                                                    |  70.87B
  2023-06-30 |                                                     |  75.15B
  2023-09-30 |                                                     |  71.23B
  2023-12-31 |                                                     |  68.77B
  2024-03-31 |                                                     |  70.02B
  2024-06-30 |                                                     |  71.54B
  2024-09-30 |                                                     |  70.16B
  2024-12-31 |                                                     |  71.49B
  2025-03-31 |                                                     |  78.11B
  2025-06-30 |                                                     |  78.47B
  2025-09-30 |                                                     | 79.28B

               |                         |                         |                         |                         |
               -79.28B                   -39.64B                    0.00B                    39.64B                    79.28B

Price History

Volume

Advanced Chart