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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	271.7%-0.5pp	272.2%-1.2pp	273.4%-1.0pp	274.3%-1.1pp	275.5%-0.9pp
Operating margin	102.3%+2.8pp	99.5%+3.4pp	96.1%+0.3pp	95.8%-2.4pp	98.2%-2.2pp
Net margin	102.6%-2.6pp	105.1%+12.6pp	92.5%+10.5pp	82%-18.9pp	100.9%-20.5pp
EBITDA margin	134.6%+2.7pp	131.9%+3.1pp	128.8%0.0pp	128.8%-2.5pp	131.3%-2.7pp
Free cash flow margin	81.1%-4.3pp	85.5%-1.4pp	86.9%-2.4pp	89.3%-3.0pp	92.3%+1.0pp
Returns
Return on equity	125.3%-3.0pp	128.3%+15.0pp	113.3%+12.8pp	100.5%-21.6pp	122.1%—
Return on assets	50.4%-1.3pp	51.7%+6.0pp	45.7%+5.0pp	40.7%-8.3pp	48.9%-9.0pp
Return on invested capital	79%+0.3pp	78.7%-0.5pp	79.2%-2.7pp	81.8%-2.3pp	84.1%—
Efficiency
Asset turnover	2×0.0×	2×0.0×	2×0.0×	2×0.0×	2×0.0×
Inventory turnover	9×-0.1×	9.1×-0.1×	9.2×-0.1×	9.2×+0.1×	9.1×+0.2×
Liquidity
Current ratio	4.1×-0.2×	4.4×-0.1×	4.4×0.0×	4.4×-0.1×	4.5×+0.1×
Quick ratio	3.1×-0.3×	3.4×-0.1×	3.5×0.0×	3.4×-0.1×	3.5×+0.1×
Cash ratio	1.4×-0.3×	1.7×-0.1×	1.9×0.0×	1.9×-0.1×	2×+0.2×
Leverage
Debt-to-equity	2.5×0.0×	2.5×+0.1×	2.4×+0.1×	2.4×+0.1×	2.3×+0.2×
Debt-to-assets	1×0.0×	1×0.0×	1×0.0×	0.9×0.0×	0.9×+0.1×
Net debt / EBITDA	3.9×+0.5×	3.4×+0.4×	3×+0.4×	2.6×+0.6×	2.1×+0.2×
Interest coverage	102.2×-1.7×	104×-1.5×	105.5×-2.4×	107.9×-3.9×	111.8×-4.7×
Per Share
Book value per share	$131.85+0.7%	$130.87+3.3%	$126.73+3.0%	$122.99+2.4%	$120.09+2.9%
Valuation
Market capitalization	$1.9T+11.1%	$1.71T+9.6%	$1.56T+3.8%	$1.5T+1.0%	$1.49T+1.3%
Enterprise value	$2.02T+11.5%	$1.81T+10.1%	$1.65T+4.3%	$1.58T+1.9%	$1.55T+1.6%
Price / earnings	80.5×+9.7×	70.9×-6.2×	77×-8.8×	85.8×+6.9×	78.9×+8.4×
Price / sales	20.3×+1.6×	18.7×+1.4×	17.3×+0.4×	16.9×0.0×	16.9×0.0×
Price / book	23.7×+2.1×	21.5×+1.2×	20.3×+0.1×	20.2×-0.3×	20.5×-0.3×
EV / EBITDA	64×+4.2×	59.8×+3.2×	56.6×+1.5×	55×+1.4×	53.6×+1.4×
EV / sales	21.6×+1.8×	19.8×+1.5×	18.2×+0.5×	17.7×+0.1×	17.6×+0.1×
Free cash flow yield	16.4%-2.1pp	18.5%-1.7pp	20.2%-0.9pp	21.2%-0.7pp	21.9%+0.2pp
Earnings yield	20.8%-1.9pp	22.6%+1.3pp	21.3%+1.9pp	19.5%-4.6pp	24.1%-4.6pp

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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.