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Johnson & Johnson JNJ Net debt / EBITDA

Net debt / EBITDA at other companies

Abbott logo
AbbottABT
2.5×+1.9×
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
2.7×-0.1×
Pfizer logo
PfizerPFE
3.8×
Procter & Gamble logo
Procter & GamblePG
0.5×-0.6×
Merck & Co. logo
Merck & Co.MRK
+1.7×
Stryker logo
StrykerSYK
1.9×-1.3×

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 the most recent quarter.

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 net debt / EBITDA?
Johnson & Johnson (JNJ) reported net debt / EBITDA of 1× in Q1 2026.
How has Johnson & Johnson's net debt / EBITDA changed year-over-year?
Johnson & Johnson's net debt / EBITDA increased by 106.8% year-over-year, from 0.5× to 1×.
What is the long-term trend for Johnson & Johnson's net debt / EBITDA?
Over 4 years (2021 to 2025), Johnson & Johnson's net debt / EBITDA has grown at a 5.9% compound annual growth rate (CAGR), from 2.7× to 3.4×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.