Discontinued — last reported Q4 '25

Johnson & Johnson CapEx increased by 10.9% to $1.16B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from $1.03B to $1.16B.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

An increase signals aggressive investment in future capacity and growth, particularly in infrastructure-heavy businesses like cloud computing.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hyperscale cloud competitors like Amazon (AWS) and Alphabet (Google Cloud) show high CapEx relative to revenue to maintain competitive infrastructure.

Metric ID: cf_capital_expenditures

Historical Data

10 periods
 Q2 '21Q2 '22Q2 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$677.00M$607.00M$863.00M$807.00M$976.00M$1.03B$1.61B$795.00M$1.04B$1.16B
QoQ Change-10.3%+42.2%-6.5%+20.9%+5.4%+56.7%-50.7%+31.2%+10.9%
YoY Change-10.3%+42.2%+13.1%-1.5%+6.9%+12.4%
Range$607.00M$1.61B
CAGR+26.9%
Avg YoY Growth+10.5%
Median YoY Growth+9.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is Johnson & Johnson's capex?
Johnson & Johnson (JNJ) reported capex of $1.16B in Q3 2025.
How has Johnson & Johnson's capex changed year-over-year?
Johnson & Johnson's capex increased by 12.4% year-over-year, from $1.03B to $1.16B.
What does capex mean?
Money spent on buying or improving long-term physical assets like buildings and computers.

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