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Johnson & Johnson JNJ Inventory turnover

Inventory turnover at other companies

Abbott logo
AbbottABT
2.9×+0.1×
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
5.3×+0.3×
Pfizer logo
PfizerPFE
6.4×+0.8×
Procter & Gamble logo
Procter & GamblePG
5.6×0.0×
Merck & Co. logo
Merck & Co.MRK
3.2×-0.6×
Stryker logo
StrykerSYK
1.7×+0.1×

Other financials

Income statement

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Revenue$24.1B+9.9%
Gross profit$16.0B+9.8%
Operating income$6.3B+2.4%
Net income$5.2B-52.4%
EPS (diluted)$2.14-52.9%

Balance sheet

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Cash & equivalents$21.7B-43.6%
Total debt$55.0B+5.2%
Total equity$81.2B+3.9%
Total assets$200.89B+3.7%

Cash flow

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Operating cash flow$2.5B-39.8%
CapEx$1.0B+32.0%
Free cash flow$1.5B-56.6%

Valuation

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Market cap$563.77B+47.3%
Enterprise value$597.07B+50.5%
P/E26.8×+9.3×
P/S5.9×+1.6×

Profitability

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Gross margin67.8%-0.5pp
Operating margin26.4%+2.8pp
Net margin21.8%-2.6pp

Returns & leverage

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Return on equity26.4%-3.0pp
Debt / equity0.7×0.0×
Current ratio-0.2×

Where this comes from

Calculated from Johnson & Johnson’s reported figures.

Based on trailing twelve months.

The official record: Johnson & Johnson’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Johnson & Johnson's inventory turnover?
Johnson & Johnson (JNJ) reported inventory turnover of 2.3× in Q1 2026.
How has Johnson & Johnson's inventory turnover changed year-over-year?
Johnson & Johnson's inventory turnover decreased by 3.4% year-over-year, from 2.4× to 2.3×.
What is the long-term trend for Johnson & Johnson's inventory turnover?
Over 4 years (2021 to 2025), Johnson & Johnson's inventory turnover has grown at a -5.4% compound annual growth rate (CAGR), from 11.4× to 9.1×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.