What are Johnson & Johnson's profit margins?

Johnson & Johnson (JNJ) runs a 67.8% gross margin and a 26.4% operating margin, with a 21.8% net margin.

Where do Johnson & Johnson's ratios come from?

Every ratio is computed from Johnson & Johnson's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Johnson & Johnson JNJ Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	67.8%-0.1pp	67.9%-0.2pp	68.1%+0.2pp	67.9%-0.4pp	68.3%-0.8pp
Operating margin	26.4%-0.5pp	26.8%+1.4pp	25.4%+1.8pp	23.7%+0.1pp	23.6%+0.2pp
Net margin	21.8%-6.6pp	28.5%+1.2pp	27.3%+2.3pp	25%+0.6pp	24.4%+8.6pp
EBITDA margin	34.4%-0.4pp	34.8%+1.4pp	33.5%+1.6pp	31.9%+0.1pp	31.8%+0.1pp
Free cash flow margin	18.5%-2.5pp	20.9%-0.4pp	21.3%+0.8pp	20.5%-2.3pp	22.8%+0.5pp
Returns
Return on equity	26.4%-8.6pp	35%+1.4pp	33.6%+3.4pp	30.2%+0.8pp	29.4%+9.4pp
Return on assets	10.7%-3.5pp	14.1%+0.6pp	13.5%+1.4pp	12.1%+0.2pp	11.9%+3.8pp
Return on invested capital	20.6%-0.4pp	21.1%+1.7pp	19.4%+1.5pp	17.9%-2.4pp	20.3%-1.3pp
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Inventory turnover	2.3×0.0×	2.3×+0.1×	2.2×-0.1×	2.3×-0.1×	2.4×0.0×
Liquidity
Current ratio	1×0.0×	1×0.0×	1.1×+0.1×	1×-0.3×	1.3×+0.1×
Quick ratio	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.8×-0.3×	1×+0.2×
Cash ratio	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.3×-0.3×	0.7×+0.2×
Leverage
Debt-to-equity	0.7×+0.1×	0.6×0.0×	0.6×-0.1×	0.6×0.0×	0.7×+0.1×
Debt-to-assets	0.3×0.0×	0.2×0.0×	0.2×0.0×	0.3×0.0×	0.3×+0.1×
Net debt / EBITDA	1×+0.1×	0.9×0.0×	0.9×-0.2×	1.1×+0.6×	0.5×0.0×
Interest coverage	24.5×-1.6×	26×-0.2×	26.2×+0.8×	25.5×-0.7×	26.2×-1.3×
Per Share
Book value per share	$33.20-1.1%	$33.57+2.8%	$32.64+0.6%	$32.44+0.7%	$32.23+9.5%
Valuation
Market capitalization	$588.76B+18.1%	$498.6B+11.7%	$446.55B+21.9%	$366.18B-8.4%	$399.65B+14.8%
Enterprise value	$622.06B+17.8%	$528.23B+11.4%	$474.12B+19.0%	$398.36B-3.6%	$413.43B+14.2%
Price / earnings	28×+9.4×	18.6×+0.8×	17.8×+1.6×	16.2×-2.2×	18.3×-6.4×
Price / sales	6.1×+0.8×	5.3×+0.4×	4.8×+0.8×	4×-0.4×	4.5×+0.6×
Price / book	7.3×+1.1×	6.1×+0.5×	5.6×+1.0×	4.7×-0.5×	5.1×+0.2×
EV / EBITDA	18.8×+2.6×	16.1×+0.7×	15.4×+1.6×	13.8×-0.8×	14.6×+1.7×
EV / sales	6.5×+0.8×	5.6×+0.5×	5.1×+0.7×	4.4×-0.2×	4.6×+0.6×
Free cash flow yield	3%-0.9pp	4%-0.4pp	4.4%-0.7pp	5.1%0.0pp	5.1%-0.6pp
Earnings yield	3.6%-1.8pp	5.4%-0.2pp	5.6%-0.6pp	6.2%+0.7pp	5.5%+1.4pp

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Questions, answered.

What are Johnson & Johnson's profit margins?: Johnson & Johnson (JNJ) runs a 67.8% gross margin and a 26.4% operating margin, with a 21.8% net margin.
Where do Johnson & Johnson's ratios come from?: Every ratio is computed from Johnson & Johnson's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.