Tax

Income Tax

Year-over-year, this metric declined by 71.3%, from $2.63B to $755.00M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 32.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.

Detailed definition

The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...

Peer comparison

Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.

Metric ID: income_tax_expense

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$384.00M$182.00M$100.00M$713.00M$1.03B$1.36B$681.00M-$669.00M$1.62B$908.00M$0.00$459.00M$1.06B$644.00M$456.00M$2.63B$954.00M$2.34B$0.00$755.00M
QoQ Change-52.6%-45.1%+613.0%+43.9%+32.9%-50.1%-198.2%+341.9%-43.9%-100.0%+131.4%-39.4%-29.2%+477.2%-63.8%+145.4%-100.0%
YoY Change+167.2%+649.5%+581.0%-193.8%+57.7%-33.4%-100.0%+168.6%-34.4%-29.1%+473.4%-10.2%+263.5%-100.0%-71.3%
Range-$669.00M$2.63B
CAGR+15.3%
Avg YoY Growth+119.2%
Median YoY Growth-10.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Johnson & Johnson's income tax?
Johnson & Johnson (JNJ) reported income tax of $755.00M in Q1 2026.
How has Johnson & Johnson's income tax changed year-over-year?
Johnson & Johnson's income tax decreased by 71.3% year-over-year, from $2.63B to $755.00M.
What is the long-term trend for Johnson & Johnson's income tax?
Over 4 years (2021 to 2025), Johnson & Johnson's income tax has grown at a 32.9% compound annual growth rate (CAGR), from $1.90B to $5.93B.
What does income tax mean?
The amount of money a company sets aside to pay its corporate income taxes.