Johnson & Johnson JNJ
271.22
0.54
0.20%
as of 25 Sep
- Market cap
- $652.8B
- P/E
- 31.4×
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Cash Flow Champion (3y)
Revenue Champion (3y)
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Johnson & Johnson (JNJ) Operating margin
Johnson & Johnson's operating margin over the twelve months to 30 June 2026 was 27.7%, down 9.0 percentage points from fiscal 2025 (36.7%). Over the past ten years it has ranged from 20.1% (fiscal 2023) to 36.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Drug Manufacturers General industry median of 18.9% and above the Healthcare sector median of 0.00%.
Operating margin, annual
Annual
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 36.7% | 15.60 |
| FY2024 | 21.1% | 1.07 |
| FY2023 | 20.1% | (5.09) |
| FY2022 | 25.2% | 0.50 |
| FY2021 | 24.7% | 4.31 |
| FY2020 | 20.4% | (1.59) |
| FY2019 | 21.9% | (2.10) |
| FY2018 | 24.0% | (0.80) |
| FY2017 | 24.8% | (4.23) |
| FY2016 | 29.1% | 0.71 |
Quarterly
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 28.6% | 1.65 |
| Mar 2026 | 27.0% | 4.93 |
| Dec 2025 | 22.1% | (11.15) |
| Sep 2025 | 33.2% | 3.47 |
| 42 more quarters | Free account |
Against its own ten years
Low 20.1%
High 36.7%
Ten-year median
24.7%
Current reading's percentile
100
Operating margin against peers
| Company | Operating margin |
|---|---|
| LLY Eli Lilly and Company compare | 42.2% |
| NVS Novartis AG compare | 30.2% |
| AMGN Amgen Inc. compare | 30.0% |
| JNJ Johnson & Johnson | 27.7% |
| ABBV AbbVie Inc. compare | 26.2% |
| AZN AstraZeneca PLC compare | 22.8% |
| PFE Pfizer Inc. compare | 21.7% |
| MRK Merck & Co., Inc. compare | 10.5% |
| GILD Gilead Sciences, Inc. compare | −8.20% |
| Drug Manufacturers General industry median | 18.9% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on JNJ
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement