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Johnson & Johnson JNJ Return on equity

Return on equity at other companies

Abbott logo
AbbottABT
12.4%-18.4pp
Bristol-Myers Squibb logo
Bristol-Myers SquibbBMY
38.8%+7.3pp
Pfizer logo
PfizerPFE
10.6%
Merck & Co. logo
Merck & Co.MRK
19%-20.3pp
Boston Scientific logo
Boston ScientificBSX
14.8%+5.2pp
Intuitive Surgical logo
Intuitive SurgicalISRG
17.2%+1.3pp

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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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 return on equity?
Johnson & Johnson (JNJ) reported return on equity of 26.4% in Q1 2026.
How has Johnson & Johnson's return on equity changed year-over-year?
Johnson & Johnson's return on equity decreased by 10.3% year-over-year, from 29.4% to 26.4%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.