Current Assets

Inventories

Johnson & Johnson Inventories increased by 2.8% to $14.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $12.66B to $14.58B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 8.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ1 2026Apr 22, 2026

How to read this metric

Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.

Detailed definition

The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...

Peer comparison

Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.

Metric ID: inventories

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$10.10B$10.39B$10.39B$10.99B$11.44B$11.68B$10.27B$12.81B$12.89B$11.20B$11.18B$11.38B$12.17B$12.60B$12.44B$12.66B$13.41B$14.15B$14.19B$14.58B
QoQ Change+2.8%+0.0%+5.8%+4.1%+2.1%-12.1%+24.7%+0.6%-13.1%-0.2%+1.8%+6.9%+3.6%-1.3%+1.7%+5.9%+5.5%+0.3%+2.8%
YoY Change+13.2%+12.4%-1.1%+16.6%+12.7%-4.1%+8.9%-11.1%-5.6%+12.5%+11.3%+11.2%+10.2%+12.2%+14.0%+15.2%
Range$10.10B$14.58B
CAGR+8.0%
Avg YoY Growth+8.0%
Median YoY Growth+11.8%
Current Streak5 quarters growth

Frequently Asked Questions

What is Johnson & Johnson's inventories?
Johnson & Johnson (JNJ) reported inventories of $14.58B in Q1 2026.
How has Johnson & Johnson's inventories changed year-over-year?
Johnson & Johnson's inventories increased by 15.2% year-over-year, from $12.66B to $14.58B.
What is the long-term trend for Johnson & Johnson's inventories?
Over 5 years (2020 to 2025), Johnson & Johnson's inventories has grown at a 8.7% compound annual growth rate (CAGR), from $9.34B to $14.19B.
What does inventories mean?
The total value of all goods held for production or sale.