JNJ vs TMO vs ABBV Stock Comparison

Johnson & Johnson, Thermo Fisher Scientific and AbbVie Prices as of Oct 29, 2026 Peers: Industry group
JNJ Johnson & Johnson
$275.17 +2.8% 1M +47.5% 1Y
Market cap
$662.42B
P/E
41.2x
Revenue (TTM)
$99.34B
Div. yield
1.92%
Pharmaceuticals Healthcare
5 wins
ABBV AbbVie Inc.
$290.76 +10.4% 1M +29.1% 1Y
Market cap
$513.81B
P/E
81.5x
Revenue (TTM)
$64.39B
Div. yield
2.38%
Pharmaceuticals Healthcare
6 wins

Head to Head

12 decided of 12

AbbVie leads on 6 of the 12 questions below (AbbVie 6, Johnson & Johnson 5, Thermo Fisher Scientific 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJNJTMOABBVLeader
Larger companyMarket capitalisation $662.42B $262.26B $513.81B JNJ
Cheaper on earningsLower P/E, profitable companies only 41.2x 37.2x 81.5x TMO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.7x 27.4x 21.7x ABBV
Faster revenue growthRevenue growth, trailing twelve months +7.8% +8.3% +10.4% ABBV
More profitableNet margin, trailing twelve months 16.2% — 9.8% JNJ
Better return on capitalReturn on invested capital 17.6% — 18.7% ABBV
Less leveragedLower net debt / EBITDA 0.8x — 2.6x JNJ
Higher dividend yieldTrailing dividend yield 1.92% 0.26% 2.38% ABBV
Better 1-year returnPrice return, last 12 months +47.5% +27.0% +29.1% JNJ
Better 5-year returnAnnualised price return, 5 years +11.1%/yr +2.3%/yr +20.5%/yr ABBV
Less volatileAnnualised volatility, 1 year 20.9% 29.8% 25.9% JNJ
Higher overall scoreMean of the five percentile scores vs peers 68/100 51/100 68/100 ABBV

Percentile Scorecard

JNJTMOABBV

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJNJTMOABBV
Valuation 86 #88 of 624 50 #113 of 227 95 #32 of 624
Growth 42 #351 of 601 41 #130 of 218 54 #276 of 601
Profitability 93 #37 of 541 70 #61 of 202 95 #27 of 541
Financial Health 41 #380 of 647 – 16 #546 of 647
Shareholder Returns 76 #88 of 359 44 #73 of 130 82 #66 of 359
Overall 68 51 68
  • JNJ ranked among 671 companies in Pharmaceuticals and Biotechnology
  • TMO ranked among 247 companies in Medical Devices and Diagnostics
  • ABBV ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJNJTMOABBVSPY
1 month +2.8%+4.4%+10.4% +0.7%
3 months +7.5%+23.0%+12.9% +3.7%
6 months +19.7%+48.1%+37.6% +7.1%
Year to date +33.0%+22.4%+27.3% +12.8%
1 year +47.5%+27.0%+29.1% +11.9%
3 years +87.2%+63.4%+104.9% +85.2%
3 years, per year +23.3%+17.8%+27.0% +22.8%
5 years +68.9%+12.0%+153.6% +67.6%
5 years, per year +11.1%+2.3%+20.5% +10.9%
10 years +138.6%+381.8%+404.8% +262.0%
10 years, per year +9.1%+17.0%+17.6% +13.7%

Risk

MeasureJNJTMOABBVSPY
Volatility, 1Y 20.9%29.8%25.9% 12.7%
Downside volatility, 1Y 20.1%28.4%24.9% 12.6%
Beta vs S&P 500, 1Y -0.220.62-0.16 1.00
Return / volatility, 1Y 2.280.911.12 0.94
Max drawdown, 5Y -23.6%-41.5%-24.3% -25.4%
From 52-week high -1.2%0.0%0.0% -1.2%
52-week high $278.47$709.29$290.76 $779.14
52-week low $186.00$438.34$197.38 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJNJTMOABBV
P/E now vs peer median 41.2xmedian 17.8x 37.2xmedian 28.7x 81.5xmedian 17.8x
P/S now vs peer median 6.7xmedian 9.1x 5.5xmedian 3.0x 8.0xmedian 9.1x
EV/EBITDA now vs peer median 20.7xmedian 15.0x —median 17.8x 23.3xmedian 15.0x
P/FCF now vs peer median 32.2xmedian 21.7x 34.0xmedian 26.4x 28.2xmedian 21.7x
P/B now vs peer median 8.1xmedian 2.2x 4.8xmedian 2.4x -86.6xmedian 2.2x
PEG now vs peer median -1.92median 0.35 4.91median 0.99 -8.07median 0.35

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJNJTMOABBV
Revenue $99.34B $47.35B $64.39B
Gross profit $67.11B – $46.02B
Operating income $25.19B $8.47B $16.87B
Net income $16.10B $7.09B $6.32B
Free cash flow $20.59B – $18.21B
R&D $16.08B $1.40B $9.71B
EPS (diluted) $6.57 $19.06 $3.56
Cash & equivalents $16.91B $5.46B $6.57B
Total debt $44.65B – $70.82B
Shares (diluted) 2.45B 371.00M 1.77B
Enterprise value $582.28B $262.39B $486.97B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJNJTMOABBV
P/E 41.2x 37.2x 81.5x
P/FCF 32.2x 34.0x 28.2x
P/Operating cash flow 25.3x 28.1x 26.3x
P/S 6.7x 5.5x 8.0x
P/B 8.1x 4.8x -86.6x
P/Tangible book 19.0x 7.1x -9.3x
EV/EBITDA 20.7x – 23.3x
EV/EBIT 27.4x – 34.3x
EV/Revenue 6.9x 5.5x 9.0x
EV/FCF 33.5x – 31.7x
EV/Operating cash flow 26.4x 28.1x 29.6x
PEG (3Y EPS CAGR) -1.92 4.91 -8.07

Growth

14 metrics
MetricJNJTMOABBV
Revenue growth (1Y) 7.8% 8.3% 10.4%
Revenue CAGR (3Y) 5.9% 2.9% 4.7%
Gross profit growth (1Y) 7.0% – 11.2%
Gross profit CAGR (3Y) 5.1% – 6.0%
Operating income growth (1Y) 7.4% 12.8% 53.8%
Operating income CAGR (3Y) 1.4% 7.2% -1.0%
Net income growth (1Y) -35.9% 7.9% 67.5%
Net income CAGR (3Y) -22.5% 6.2% -10.1%
EPS growth (1Y) -36.4% 9.7% 67.7%
EPS CAGR (3Y) -21.5% 7.6% -10.1%
Operating cash flow growth (1Y) 8.1% 21.9% 1.2%
Operating cash flow CAGR (3Y) 12.4% 4.5% -8.6%
Free cash flow growth (1Y) 5.1% – -0.2%
Free cash flow CAGR (3Y) 14.5% – -9.8%

Profitability

14 metrics
MetricJNJTMOABBV
Gross margin 67.6% – 71.5%
EBITDA margin 33.5% – 38.5%
Operating margin 25.4% – 26.2%
Pretax margin 17.9% – 13.5%
Net margin 16.2% – 9.8%
FCF margin 20.7% – 28.3%
Operating cash flow margin 26.3% 19.7% 30.3%
Return on equity 19.3% 13.2% –
Return on assets 8.1% 6.2% 4.7%
Return on invested capital 17.6% – 18.7%
Return on capital employed 17.5% – 17.9%
Asset turnover 0.5x 0.4x 0.5x
Cash conversion (OCF / net income) 1.6x 1.3x 3.1x
Stock comp / revenue 1.4% – 1.5%

Financial Health

11 metrics
MetricJNJTMOABBV
Debt / assets 22.6% – 52.4%
Debt / equity 0.5x – -11.9x
Net debt / EBITDA 0.8x – 2.6x
Debt / FCF 2.2x – 3.9x
Liabilities / assets 58.7% – 104.4%
Equity / assets 41.3% 47.9% -4.4%
Interest coverage 25.6x – –
Current ratio 1.0x 1.8x 0.8x
Quick ratio 0.7x – 0.5x
Cash ratio 0.3x – 0.2x
Altman Z-score 5.55 – 2.82

Shareholder Returns

7 metrics
MetricJNJTMOABBV
Dividend yield 1.9% 0.3% 2.4%
Net buyback yield 0.6% – 0.3%
Shareholder yield 2.5% 0.3% 2.7%
Payout ratio (earnings) 79.0% – –
Payout ratio (FCF) 61.8% – –
Dividend growth (1Y) 3.9% – –
Dividend CAGR (3Y) 1.0% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJNJTMOABBV
Forward P/E 25.7xFY2026 27.4xFY2026 21.7xFY2026
EPS, next fiscal year $10.72FY2026 $25.91FY2026 $13.38FY2026
EPS growth, next FY -0.6%FY2026 +13.3%FY2026 +33.8%FY2026
EPS growth, the year after +5.9% +2.0% +25.8%
Revenue, next fiscal year $106.54BFY2026 $50.12BFY2026 $69.55BFY2026
Revenue growth, next FY +13.1%FY2026 +12.5%FY2026 +13.7%FY2026
Revenue growth, the year after +7.0% -2.8% -0.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJNJTMOABBV
Held by institutions 74.7% 90.2% 74.9%
Institutions holding 4,692 2,624 4,177
Change in shares held, QoQ +1.8% +0.8% +2.6%
Institutions buying 2,294 1,144 2,203
Institutions selling 1,896 1,144 1,504
Buyers to sellers 1.21 1.00 1.46

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JNJTMOABBV
JNJ 1.00 0.08 0.51
TMO 0.08 1.00 0.21
ABBV 0.51 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JNJ, TMO and ABBV?

Johnson & Johnson (JNJ) is the largest by market capitalisation: Johnson & Johnson (JNJ) $662.42B, Thermo Fisher Scientific (TMO) $262.26B, AbbVie (ABBV) $513.81B.

Which stock is cheaper, JNJ, TMO and ABBV?

Thermo Fisher Scientific (TMO) trades on the lowest price-to-earnings ratio (Johnson & Johnson (JNJ) 41.2x, Thermo Fisher Scientific (TMO) 37.2x, AbbVie (ABBV) 81.5x). On next year's consensus earnings, AbbVie (ABBV) is cheapest (Johnson & Johnson (JNJ) 25.7x, Thermo Fisher Scientific (TMO) 27.4x, AbbVie (ABBV) 21.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

AbbVie (ABBV) grew revenue fastest over the trailing twelve months: Johnson & Johnson (JNJ) +7.8%, Thermo Fisher Scientific (TMO) +8.3%, AbbVie (ABBV) +10.4%.

Which company is more profitable?

Johnson & Johnson (JNJ) has the highest net margin (Johnson & Johnson (JNJ) 16.2%, AbbVie (ABBV) 9.8%). On return on invested capital, AbbVie (ABBV) leads (Johnson & Johnson (JNJ) 17.6%, AbbVie (ABBV) 18.7%).

Which stock has performed better?

Over the past year Johnson & Johnson (JNJ) returned the most: Johnson & Johnson (JNJ) +47.5%, Thermo Fisher Scientific (TMO) +27.0%, AbbVie (ABBV) +29.1%. Over five years, AbbVie (ABBV) compounded fastest (Johnson & Johnson (JNJ) +11.1%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr, AbbVie (ABBV) +20.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

AbbVie (ABBV) has the highest dividend yield: Johnson & Johnson (JNJ) 1.92%, Thermo Fisher Scientific (TMO) 0.26%, AbbVie (ABBV) 2.38%.

Which stock is riskier?

By one-year price volatility, Johnson & Johnson (JNJ) has been the steadiest (Johnson & Johnson (JNJ) 20.9%, Thermo Fisher Scientific (TMO) 29.8%, AbbVie (ABBV) 25.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JNJ, TMO and ABBV?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, AbbVie (ABBV) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.