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JOHNSON & JOHNSON (JNJ)

As-reported financials and recent SEC filings for JOHNSON & JOHNSON, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About JOHNSON & JOHNSON

Johnson & Johnson is a global healthcare company that operates through two main segments: Innovative Medicine and MedTech. The Innovative Medicine segment develops and sells prescription medicines for various therapeutic areas including oncology, immunology, neuroscience, infectious diseases, and cardiovascular conditions. The MedTech segment designs and manufactures medical devices and products used in cardiovascular care, orthopaedics, surgery, and vision, serving healthcare professionals, hospitals, and eye care providers worldwide.

Snapshot

Revenue
$94.19B
Revenue growth (YoY)
6.0%
Net income
$26.80B
Diluted EPS
$11.03
Gross margin
67.9%
Operating margin
Net margin
28.5%
FCF margin
20.9%
ROE
32.9%
P/E (TTM)
30.9×
Market cap
$640.91B
Debt / equity
0.5×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Johnson & Johnson

  • Revenue grew 6.0% to $94.2B in FY2025, in line with the 4.3% the year before.
  • Most recent quarter Q2 FY2026: revenue $25.3B, up 6.6% from Q2 FY2025.
  • Free cash flow was $19.7B in FY2025, 20.9% of revenue.
  • Net income rose 90.6% to $26.8B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Johnson & Johnson’s fundamentals sit among the 199 pharmaceutical companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin67.9%
51st percentile of 69
Net margin28.5%
83rd percentile of 122
FCF margin20.9%
80th percentile of 110
Revenue growth (YoY)+6.0%
42nd percentile of 187
ROE32.9%
90th percentile of 168
P/E (TTM)30.9×
72nd percentile of 61
Debt / equity0.48×
47th percentile of 65
Short interest3.67d
26th percentile of 198

Johnson & Johnson’s return on equity of 32.9% ranks in the 90th percentile of the 168 pharmaceutical companies reporting it.

No open-market insider buys in the last 90 days; 2 insider sales totaling $8.2M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
6
+5 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
7
6 trimmed, 1 exited
Combined position
$2.37B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ1 2026$864.3M3.5MReduced
Citadel AdvisorsquantQ1 2026$472.0M1.9MAdded
Yacktman Asset ManagementQ1 2026$305.4M1.2MReduced
D. E. ShawquantQ1 2026$186.9M764.5KReduced
Bridgewater AssociatesQ1 2026$170.3M696.9KReduced
Markel GroupQ1 2026$149.3M610.8KHeld
Millennium ManagementquantQ1 2026$140.7M575.7KReduced
Gotham Asset ManagementQ1 2026$55.6M227.4KReduced
Two Sigma InvestmentsquantQ1 2026$13.0M53.3KAdded
Soros Fund ManagementQ1 2026$8.5M34.8KNew
Dodge & CoxQ1 2026$5.1M20.9KHeld

No longer held by: Point72 Asset Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
2
$8.2M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-20
filed 2026-07-21
Broadhurst VanessaEVP, Global Corp AffairsSell23.1K$251.27$5.8M
2026-06-11
filed 2026-06-12
Wengel Kathryn EEVP, Chief TO and Risk OfficerSell10.0K$241.15$2.4M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
27.4M
settled 2026-07-15
Change vs prior
+3.2%
vs previous settlement
Days to cover
3.67
at avg daily volume
Avg daily volume
7.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1527.4M+3.2%3.67
2026-06-3026.6M-0.4%2.48
2026-06-1526.7M+14.0%3.61
2026-05-2923.4M+1.6%2.95
2026-05-1523.0M+3.1%3.06
2026-04-3022.3M+13.6%2.74
2026-04-1519.7M-11.7%2.78
2026-03-3122.3M-4.5%2.76

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$94.19B$88.82B$85.16B$79.99B$78.74B
Gross profit$63.94B$61.35B$58.61B$55.39B$55.34B
Operating income
Net income$26.80B$14.07B$35.15B$17.94B$20.88B
Diluted EPS$11.03$5.79$13.72$6.73$7.81

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$24.53B$24.27B$22.79B$21.19B$23.41B
Capital expenditure$4.83B$4.42B$4.54B$4.01B$3.65B
Free cash flow$19.70B$19.84B$18.25B$17.18B$19.76B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$25.31B6.6%$5.53B$2.27
Q1 FY2026$24.06B9.9%$5.24B$2.14
Q4 FY2025$24.56B9.1%$5.12B$2.09
Q3 FY2025$23.99B6.8%$5.15B$2.12
Q2 FY2025$23.74B5.8%$5.54B$2.29
Q1 FY2025$21.89B2.4%$11.00B$4.54
Q4 FY2024$22.52B5.3%$3.43B$1.41
Q3 FY2024$22.47B5.2%$2.69B$1.11

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryPharmaceutical Preparations
Fiscal year endJanuary 3
Latest fiscal periodFY2025
SEC filings since2018
SEC CIK200406

Recent SEC filings

10-K2026-02-11
View on EDGAR →
10-K2025-02-13
View on EDGAR →
10-Q2026-07-23
View on EDGAR →
10-Q2026-04-22
View on EDGAR →
10-Q2025-10-22
View on EDGAR →
10-Q2025-07-24
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-07-15
View on EDGAR →

Largest pharmaceutical peers

All pharmaceutical stocksAll Healthcare companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.