Discontinued — last reported Q4 '25
Inventories
Current AssetsJohnson & Johnson Inventories increased by 5.5% to $14.15B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $12.60B to $14.15B. Over 3 years (FY 2021 to FY 2024), Inventories shows an upward trend with a 6.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityVolatile
First reportedQ4 2008
Last reportedQ4 2025
How to read this metric
Rising inventory without rising sales can signal overproduction or falling demand; very low inventory might lead to lost sales due to stockouts.
Detailed definition
The cost of physical goods held for sale, including hardware like Surface devices, Xbox consoles, and related components...
Peer comparison
Relevant for hardware-integrated peers like Apple or Sony, but less significant for pure-play SaaS companies.
Metric ID:
inventoriesHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.95B | $10.10B | $10.39B | $10.39B | $10.99B | $11.44B | $12.48B | $12.81B | $11.20B | $11.18B | $11.38B | $12.17B | $12.60B | $12.44B | $12.66B | $13.41B | $14.15B |
| QoQ Change | — | +1.5% | +2.8% | +0.0% | +5.8% | +4.1% | +9.1% | +2.6% | -12.6% | -0.2% | +1.8% | +6.9% | +3.6% | -1.3% | +1.7% | +5.9% | +5.5% |
| YoY Change | — | — | — | — | +10.4% | +13.2% | +20.2% | +16.6% | -2.1% | -10.4% | — | -5.0% | +12.5% | +11.3% | +11.2% | +10.2% | +12.2% |
Range$9.95B – $14.15B
CAGR+9.2%
Avg YoY Growth+8.4%
Median YoY Growth+11.3%
Current Streak3 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is Johnson & Johnson's inventories?
- Johnson & Johnson (JNJ) reported inventories of $14.15B in Q3 2025.
- How has Johnson & Johnson's inventories changed year-over-year?
- Johnson & Johnson's inventories increased by 12.2% year-over-year, from $12.60B to $14.15B.
- What is the long-term trend for Johnson & Johnson's inventories?
- Over 3 years (2021 to 2024), Johnson & Johnson's inventories has grown at a 6.2% compound annual growth rate (CAGR), from $10.39B to $12.44B.
- What does inventories mean?
- The value of products currently sitting in warehouses waiting to be sold.