Johnson & Johnson JNJ
- Market cap
- $652.8B
- P/E
- 31.4×
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Johnson & Johnson (JNJ) Return on invested capital
Johnson & Johnson's return on invested capital over the twelve months to 30 June 2026 was 15.5%, down 4.7 percentage points from fiscal 2025 (20.2%). Over the past ten years it has ranged from 13.1% (fiscal 2023) to 26.3% (fiscal 2015); the current reading is higher than 82% of that period. That is above the Drug Manufacturers General industry median of 6.30% and above the Healthcare sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 20.2% | 6.75 |
| FY2024 | 13.4% | 0.32 |
| FY2023 | 13.1% | (1.74) |
| FY2022 | 14.9% | (1.70) |
| FY2021 | 16.6% | 1.98 |
| FY2020 | 14.6% | (1.66) |
| FY2019 | 16.2% | (0.36) |
| FY2018 | 16.6% | 1.37 |
| FY2017 | 15.2% | (9.06) |
| FY2016 | 24.3% | (2.00) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| LLY Eli Lilly and Company compare | 26.3% |
| ABBV AbbVie Inc. compare | 18.1% |
| JNJ Johnson & Johnson | 15.5% |
| NVS Novartis AG compare | 13.1% |
| AMGN Amgen Inc. compare | 13.0% |
| AZN AstraZeneca PLC compare | 11.7% |
| PFE Pfizer Inc. compare | 6.30% |
| MRK Merck & Co., Inc. compare | 5.08% |
| GILD Gilead Sciences, Inc. compare | −4.48% |
| Drug Manufacturers General industry median | 6.30% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on JNJ
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement