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%-3.8pp	272.2%-4.2pp	273.4%-2.8pp	274.3%-1.9pp	275.5%-0.8pp
Operating margin	102.3%+4.1pp	99.5%-0.8pp	96.1%-6.2pp	95.8%-6.1pp	98.2%-2.4pp
Net margin	102.6%+1.6pp	105.1%-16.3pp	92.5%-54.3pp	82%-89.5pp	100.9%-42.5pp
EBITDA margin	134.6%+3.2pp	131.9%-2.1pp	128.8%-7.7pp	128.8%-7.8pp	131.3%-4.4pp
Free cash flow margin	81.1%-11.1pp	85.5%-5.8pp	86.9%-3.5pp	89.3%+3.7pp	92.3%+12.5pp
Returns
Return on equity	125.3%+3.2pp	128.3%—	113.3%—	100.5%—	122.1%—
Return on assets	50.4%+1.5pp	51.7%-6.2pp	45.7%-24.0pp	40.7%-40.8pp	48.9%-19.1pp
Return on invested capital	79%-5.2pp	78.7%—	79.2%—	81.8%—	84.1%—
Efficiency
Asset turnover	2×0.0×	2×0.0×	2×+0.1×	2×+0.1×	2×+0.1×
Inventory turnover	9×-0.1×	9.1×+0.2×	9.2×+0.1×	9.2×+0.2×	9.1×+0.1×
Liquidity
Current ratio	4.1×-0.3×	4.4×0.0×	4.4×0.0×	4.4×-0.2×	4.5×-0.2×
Quick ratio	3.1×-0.4×	3.4×-0.1×	3.5×0.0×	3.4×-0.2×	3.5×-0.2×
Cash ratio	1.4×-0.6×	1.7×-0.1×	1.9×0.0×	1.9×0.0×	2×+0.2×
Leverage
Debt-to-equity	2.5×+0.2×	2.5×+0.4×	2.4×+0.4×	2.4×+0.4×	2.3×+0.3×
Debt-to-assets	1×+0.1×	1×+0.2×	1×+0.2×	0.9×+0.2×	0.9×+0.1×
Net debt / EBITDA	3.9×+1.8×	3.4×+1.5×	3×+1.3×	2.6×+1.1×	2.1×+0.3×
Interest coverage	102.2×-9.6×	104×-12.5×	105.5×-11.5×	107.9×-6.2×	111.8×-4.0×
Per Share
Book value per share	$131.85+9.8%	$130.87+12.2%	$126.73+11.1%	$122.99+8.7%	$120.09+7.0%
Valuation
Market capitalization	$1.9T+27.6%	$1.71T+16.3%	$1.56T+4.0%	$1.5T+0.1%	$1.49T-5.8%
Enterprise value	$2.02T+30.5%	$1.81T+18.9%	$1.65T+6.4%	$1.58T+2.1%	$1.55T-5.1%
Price / earnings	80.5×+1.6×	70.9×+0.4×	77×+20.6×	85.8×+44.6×	78.9×+14.0×
Price / sales	20.3×+3.4×	18.7×+1.8×	17.3×-0.1×	16.9×-0.8×	16.9×-1.9×
Price / book	23.7×+3.2×	21.5×+0.7×	20.3×-1.1×	20.2×-1.1×	20.5×-1.7×
EV / EBITDA	64×+10.4×	59.8×+7.6×	56.6×+4.0×	55×+1.9×	53.6×-3.6×
EV / sales	21.6×+4.0×	19.8×+2.3×	18.2×+0.3×	17.7×-0.4×	17.6×-1.8×
Free cash flow yield	16.4%-5.5pp	18.5%-3.2pp	20.2%-0.6pp	21.2%+1.7pp	21.9%+4.8pp
Earnings yield	20.8%-3.3pp	22.6%-6.1pp	21.3%-12.7pp	19.5%-19.6pp	24.1%-7.2pp

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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.