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Johnson & Johnson JNJ Free cash flow

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Merck & Co.MRK
$4.48B+77.0%

Other financials

Income statement

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Revenue$25.3B+6.6%
Gross profit$17.3B+7.1%
Operating income$7.1B+7.4%
Net income$5.5B-0.1%
EPS (diluted)$2.27-0.9%

Balance sheet

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Cash & equivalents$20.4B+9.9%
Total debt$49.0B-3.4%
Total equity$85.0B+8.3%
Total assets$201.06B+4.0%

Cash flow

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Operating cash flow$8.6B+122%
CapEx$1.3B+26.7%

Valuation

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Market cap$650.67B+52.8%
Enterprise value$679.29B+48.3%
P/E30.9×+12.1×
P/S6.6×+1.9×

Profitability

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Gross margin67.9%0.0pp
Operating margin26.5%+2.8pp
Net margin21.5%-3.5pp
FCF margin22.7%+2.2pp

Returns & leverage

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Return on equity25.7%-4.5pp
Debt / equity0.6×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Calculated from Johnson & Johnson’s reported figures.

The source filing: Johnson & Johnson’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000200406-26-000153

FAQ

What is Johnson & Johnson's free cash flow?
Johnson & Johnson (JNJ) reported free cash flow of $7.3B in Q2 2026.
How has Johnson & Johnson's free cash flow changed year-over-year?
Johnson & Johnson's free cash flow increased by 157.3% year-over-year, from $2.84B to $7.3B.
What is the long-term trend for Johnson & Johnson's free cash flow?
Over 4 years (2021 to 2025), Johnson & Johnson's free cash flow has grown at a -0.1% compound annual growth rate (CAGR), from $19.76B to $19.7B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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