Johnson & Johnson
JNJ Healthcare Drug Manufacturers General
Johnson & Johnson’s revenue for fiscal 2025 (year ended December 2025) was $94.2 billion, up 6.05% from fiscal 2024. In the quarter to September 2026, revenue grew 5.86%, EPS was flat, free cash flow grew 154.8% and total debt fell 4.82%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.
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Johnson & Johnson (JNJ) P/E ratio
As of 16 October 2026, Johnson & Johnson (JNJ) trades at a P/E ratio of 29.6×. Over the past ten years it has ranged from 9.5× (May 2024) to 380× (January 2018); the current reading is higher than 84% of that period. That is above the Drug Manufacturers General industry median of 24.5× and above the Healthcare sector median of 23.0×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 18.7× | (24.87%) |
| FY2024 | 24.9× | 115.20% |
| FY2023 | 11.6× | (56.19%) |
| FY2022 | 26.4× | 20.70% |
| FY2021 | 21.9× | (23.31%) |
| FY2020 | 28.6× | 10.34% |
| FY2019 | 25.9× | 12.53% |
| FY2018 | 23.0× | (93.56%) |
| FY2017 | 357× | 1,712.12% |
| FY2016 | 19.7× | 5.29% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 30.7× | 4.24% |
| Jun 2026 | 29.4× | 4.14% |
| Mar 2026 | 28.3× | 50.89% |
| Dec 2025 | 18.7× | 4.64% |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| GILD Gilead Sciences, Inc. compare | n/m |
| NVS Novartis AG compare | 22.6× |
| AZN AstraZeneca PLC compare | 24.5× |
| AMGN Amgen Inc. compare | 26.7× |
| JNJ Johnson & Johnson | 29.6× |
| PFE Pfizer Inc. compare | 38.9× |
| LLY Eli Lilly and Company compare | 42.2× |
| ABBV AbbVie Inc. compare | 80.6× |
| MRK Merck & Co., Inc. compare | 117× |
| Drug Manufacturers General industry median | 24.5× |
| Healthcare sector median | 23.0× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on JNJ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement