JNJ: the annual earnings and cash-flow comparison
A two-period review of JNJ revenue, profitability and cash conversion; reported revenue growth was 6.05%.
Data through 2025-12-28
JNJ / Healthcare
Pharmaceutical Preparations
JOHNSON & JOHNSON is an SEC-reporting issuer listed on NYSE under JNJ. Its SEC industry description is Pharmaceutical Preparations. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.
Drug developers, device manufacturers and care providers depend on distinct clinical, reimbursement and operating economics.
Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.
Annual reporting currency: USD. Financial amounts are in millions, except per-share figures and ratios.
| Metric | 2025-12-28 | 2024-12-29 | Source filed |
|---|---|---|---|
| Revenue | USD 94,193m | USD 88,821m | 2026-02-11 |
| Operating income | Not available | Not available | 2026-02-11 |
| Net income | USD 26,804m | USD 14,066m | 2026-02-11 |
| Diluted EPS | USD 11.03 | USD 5.79 | 2026-02-11 |
| Operating cash flow | USD 24,530m | USD 24,266m | 2026-02-11 |
| Capital expenditure | USD 4,832m | USD 4,424m | 2026-02-11 |
| Free cash flow | USD 19,698m | USD 19,842m | 2026-02-11 |
| Gross margin | 67.88% | 69.07% | 2026-02-11 |
| Operating margin | Not available | Not available | 2026-02-11 |
FCF = operating cash flow − purchases of property, plant and equipment. Missing tags remain unavailable. Standardized cash-flow comparisons are particularly limited for financial businesses.
{
"revenue": {
"start": "2024-12-30",
"end": "2025-12-28",
"val": 94193000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"frame": "CY2025",
"tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
"unit": "USD"
},
"netIncome": {
"start": "2024-12-30",
"end": "2025-12-28",
"val": 26804000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"frame": "CY2025",
"tag": "us-gaap:NetIncomeLoss",
"unit": "USD"
},
"grossProfit": {
"start": "2024-12-30",
"end": "2025-12-28",
"val": 63937000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"frame": "CY2025",
"tag": "us-gaap:GrossProfit",
"unit": "USD"
},
"eps": {
"start": "2024-12-30",
"end": "2025-12-28",
"val": 11.03,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"frame": "CY2025",
"tag": "us-gaap:EarningsPerShareDiluted",
"unit": "USD/shares"
},
"operatingCashFlow": {
"start": "2024-12-30",
"end": "2025-12-28",
"val": 24530000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"frame": "CY2025",
"tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
"unit": "USD"
},
"capex": {
"start": "2024-12-30",
"end": "2025-12-28",
"val": 4832000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"frame": "CY2025",
"tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
"unit": "USD"
},
"totalAssets": {
"end": "2025-12-28",
"val": 199210000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"tag": "us-gaap:Assets",
"unit": "USD"
},
"totalLiabilities": {
"end": "2025-12-28",
"val": 117666000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"tag": "us-gaap:Liabilities",
"unit": "USD"
},
"currentAssets": {
"end": "2025-12-28",
"val": 55624000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"tag": "us-gaap:AssetsCurrent",
"unit": "USD"
},
"currentLiabilities": {
"end": "2025-12-28",
"val": 54126000000,
"accn": "0000200406-26-000016",
"fy": 2025,
"fp": "FY",
"form": "10-K",
"filed": "2026-02-11",
"tag": "us-gaap:LiabilitiesCurrent",
"unit": "USD"
}
}Reported fiscal periods, not a live price chart.
Interactive chart loads in the browser. The full annual values are available below.
| Period end | Revenue | Net income | EPS |
|---|---|---|---|
| 2025-12-28 | USD 94,193m | USD 26,804m | USD 11.03 |
| 2024-12-29 | USD 88,821m | USD 14,066m | USD 5.79 |
| 2023-12-31 | USD 85,159m | USD 35,153m | USD 13.72 |
| 2023-01-01 | USD 79,990m | USD 17,941m | USD 6.73 |
This release does not quote price-based multiples because it does not include synchronized market prices. A financial denominator must be paired with a clearly dated market value.
| Measure | Interpretation |
|---|---|
| P/E | Price divided by EPS; identify annual, trailing or forward basis. |
| P/S & P/B | Market capitalization divided by sales or book equity. |
| EV / EBITDA | Enterprise value and EBITDA need consistent definitions. |
| FCF yield | Free cash flow divided by dated market capitalization. |
A sector median is descriptive, not a fair-value estimate. Explore sector context ↗
JNJ filed this 10-K on 2026-02-11 for the reported period 2025-12-28. Reading focus: Product concentration, research investment, utilization, reimbursement and cash generation. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.
Read SEC original ↗A two-period review of JNJ revenue, profitability and cash conversion; reported revenue growth was 6.05%.
Annual revenue of USD 94.193 billion and net income of USD 26.804 billion for the period ended 2025-12-28.
Patent expiry, trial outcomes, reimbursement changes, litigation and acquisition integration.
Product concentration, research investment, utilization, reimbursement and cash generation.