Johnson & Johnson (JNJ)
Market Price (9/18/2025): $177.1 | Market Cap: $426.2 BilSector: Health Care | Industry: Pharmaceuticals
Johnson & Johnson (JNJ)
Market Price (9/18/2025): $177.1Market Cap: $426.2 BilSector: Health CareIndustry: Pharmaceuticals
Investment Highlights
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, Dividend Yield is 2.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7% | Trading close to highsDist 52W High is -0.9%, Dist 3Y High is -0.9% | |
Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25% | Weak multi-year price returns2Y Excs Rtn is -33%, 3Y Excs Rtn is -43% | |
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%, CFO LTM is 23 Bil, FCF LTM is 16 Bil | ||
Low stock price volatilityVol 12M is 19% |
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, Dividend Yield is 2.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7% |
Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25% |
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%, CFO LTM is 23 Bil, FCF LTM is 16 Bil |
Low stock price volatilityVol 12M is 19% |
Trading close to highsDist 52W High is -0.9%, Dist 3Y High is -0.9% |
Weak multi-year price returns2Y Excs Rtn is -33%, 3Y Excs Rtn is -43% |
Market Valuation
9/18/25 | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
Share Price CYE | $177.10 | $141.22 | $148.35 | $162.27 | $153.12 |
Market Cap CYE ($ Bil) | 426.2 | 339.9 | 357.1 | 426.4 | 403.1 |
Total Debt ($ Bil) | 50.8 | 36.6 | 29.3 | 39.6 | 33.8 |
Total Cash ($ Bil) | 18.9 | 24.5 | 22.9 | 22.3 | 31.6 |
Enterprise Value ($ Bil) | 458.0 | 376.5 | 386.4 | 466.0 | 436.9 |
Valuation Ratios | |||||
P/S TTM | 4.7 | 3.9 | 4.7 | 5.8 | 5.7 |
P/EBIT TTM | 15.1 | 20.0 | 25.1 | 23.6 | 23.3 |
P/E TTM | 18.8 | 24.8 | 11.3 | 25.9 | 21.6 |
Sector Ratios | |||||
P/S TTM (Sector) | 3.8 | 3.6 | 4.1 | 4.5 | 7.3 |
P/EBIT TTM (Sector) | -1.6 | -1.3 | -1.4 | -1.3 | -2.9 |
P/E TTM (Sector) | -1.8 | -1.5 | -1.5 | -1.3 | -2.9 |
9/18/25 | 2024 | 2023 | |
---|---|---|---|
Share Price CYE | $177.10 | $141.22 | $148.35 |
Market Cap CYE ($ Bil) | 426.2 | 339.9 | 357.1 |
Total Debt ($ Bil) | 50.8 | 36.6 | 29.3 |
Total Cash ($ Bil) | 18.9 | 24.5 | 22.9 |
Enterprise Value ($ Bil) | 458.0 | 376.5 | 386.4 |
Valuation Ratios | |||
P/S TTM | 4.7 | 3.9 | 4.7 |
P/EBIT TTM | 15.1 | 20.0 | 25.1 |
P/E TTM | 18.8 | 24.8 | 11.3 |
Sector Ratios | |||
P/S TTM (Sector) | 3.8 | 3.6 | 4.1 |
P/EBIT TTM (Sector) | -1.6 | -1.3 | -1.4 |
P/E TTM (Sector) | -1.8 | -1.5 | -1.5 |
Business Description
Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. The company's Consumer Health segment offers baby care products under the JOHNSON'S and AVEENO Baby brands; oral care products under the LISTERINE brand; skin health/beauty products under the AVEENO, CLEAN & CLEAR, DR. CI:LABO, NEUTROGENA, and OGX brands; TYLENOL acetaminophen products; SUDAFED cold, flu, and allergy products; BENADRYL and ZYRTEC allergy products; MOTRIN IB ibuprofen products; NICORETTE smoking cessation products; and PEPCID acid reflux products.
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Price Returns Compared
Expand for Detailed View2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
---|---|---|---|---|---|---|---|
Returns | |||||||
JNJ Return | 11% | 11% | 6% | -9% | -5% | 25% | 44% |
Peers Return | 10% | 34% | 23% | -1% | 12% | -2% | 97% |
S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 12% | 104% |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: LLY, ABBV, MRK, PFE, BMY. See JNJ Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Johnson & Johnson
Financials
Median | |
---|---|
Name | |
Mkt Price | 129.17 |
Mkt Cap | 297.0 |
Rev LTM | 60,972 |
Op Inc LTM | 18,242 |
FCF LTM | 13,904 |
FCF 3Y Avg | 12,562 |
CFO LTM | 16,861 |
CFO 3Y Avg | 15,093 |
Growth & Margins
Median | |
---|---|
Name | |
Rev Chg LTM | 5.4% |
Rev Chg 3Y Avg | 2.1% |
Rev Chg Q | 6.2% |
QoQ Delta Rev Chg LTM | 1.6% |
Op Mgn LTM | 25.3% |
Op Mgn 3Y Avg | 24.4% |
QoQ Delta Op Mgn LTM | 1.4% |
CFO/Rev LTM | 27.3% |
CFO/Rev 3Y Avg | 26.5% |
FCF/Rev LTM | 21.3% |
FCF/Rev 3Y Avg | 20.2% |
Valuation
Median | |
---|---|
Name | |
Mkt Cap | 297.0 |
P/S | 4.0 |
P/EBIT | 13.3 |
P/E | 18.1 |
P/CFO | 14.8 |
Total Yield | 9.6% |
Dividend Yield | 3.4% |
FCF Yield 3Y Avg | 5.4% |
D/E | 0.2 |
Net D/E | 0.1 |
Returns
Median | |
---|---|
Name | |
1M Rtn | -0.7% |
3M Rtn | 2.9% |
6M Rtn | -6.8% |
12M Rtn | -8.7% |
3Y Rtn | 8.5% |
1M Excs Rtn | -3.1% |
3M Excs Rtn | -7.0% |
6M Excs Rtn | -23.8% |
12M Excs Rtn | -24.8% |
3Y Excs Rtn | -51.2% |
Comparison Analyses
Segment Financials
Revenue by Segment
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Innovative Medicine | 54,759 | 52,563 | 51,680 | 45,572 | 42,198 |
MedTech | 30,400 | 27,427 | 27,060 | 22,959 | 25,963 |
Consumer Health | 14,053 | 13,898 | |||
Total | 85,159 | 79,990 | 78,740 | 82,584 | 82,059 |
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
MedTech | 74,710 | 49,578 | 49,462 | ||
Innovative Medicine | 58,324 | 66,158 | 56,292 | ||
General corporate | 34,524 | 31,803 | 25,356 | ||
Consumer Health | 27,355 | 26,618 | |||
Total | 167,558 | 174,894 | 157,728 |
Returns Analyses
Earnings Returns History
Expand for MoreForward Returns | |||
---|---|---|---|
Earnings Date | 1D Returns | 5D Returns | 21D Returns |
7/16/2025 | 6.2% | 8.2% | 12.4% |
4/15/2025 | -0.5% | 2.2% | -5.2% |
1/22/2025 | -1.9% | 1.5% | 8.6% |
10/15/2024 | 1.5% | 0.8% | -5.5% |
7/17/2024 | 3.7% | 0.9% | 4.9% |
4/16/2024 | -2.1% | 1.0% | 2.6% |
1/23/2024 | -1.6% | -1.9% | -1.6% |
10/17/2023 | -0.9% | -3.9% | -6.3% |
... | |||
SUMMARY STATS | |||
# Positive | 14 | 16 | 12 |
# Negative | 10 | 8 | 12 |
Median Positive | 2.5% | 2.3% | 4.9% |
Median Negative | -1.5% | -2.0% | -3.1% |
Max Positive | 6.2% | 8.8% | 12.4% |
Max Negative | -2.8% | -5.0% | -6.3% |
SEC Filings
Expand for MoreReport Date | Filing Date | Filing |
---|---|---|
6302025 | 7242025 | 10-Q 6/29/2025 |
3312025 | 4232025 | 10-Q 3/30/2025 |
12312024 | 2132025 | 10-K 12/29/2024 |
9302024 | 10232024 | 10-Q 9/29/2024 |
6302024 | 7252024 | 10-Q 6/30/2024 |
3312024 | 5012024 | 10-Q 3/31/2024 |
12312023 | 2162024 | 10-K 12/31/2023 |
9302023 | 10272023 | 10-Q 10/1/2023 |
6302023 | 7312023 | 10-Q 7/2/2023 |
3312023 | 4282023 | 10-Q 4/2/2023 |
12312022 | 2162023 | 10-K 1/1/2023 |
9302022 | 10272022 | 10-Q 10/2/2022 |
6302022 | 7292022 | 10-Q 7/3/2022 |
3312022 | 4292022 | 10-Q 4/3/2022 |
12312021 | 2172022 | 10-K 1/2/2022 |
9302021 | 10292021 | 10-Q 10/3/2021 |
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