Johnson & Johnson (JNJ) Debt Ratio (2009 - 2026)
Johnson & Johnson's (JNJ) quarterly Debt Ratio came in at 0.3 in Q2 2026, down 6.22% year-over-year from 0.32 in Q2 2025, and down 16.25% quarter-over-quarter from 0.36 in Q1 2026.
Analysis
Johnson & Johnson (JNJ) Debt Ratio (2009 - 2026) Analysis & Trends
Johnson & Johnson has disclosed Debt Ratio across 18 years of filings, most recently posting 0.3 for Q2 2026.
- In Q2 2026, Debt Ratio fell 6.22% year-over-year to 0.3; the TTM figure through Jun 2026 stood at 0.3 (down 6.22% YoY), while the FY2025 annual figure was 0.28, up 14.99% from the prior year.
- Debt Ratio came in at 0.3 for Q2 2026 at Johnson & Johnson, down from 0.36 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.36 in Q2 2023 to a low of 0.2 in Q4 2023.
- Average Debt Ratio over 5 years is 0.27, with a median of 0.27 recorded in 2025.
- Year-over-year, Debt Ratio jumped 72.29% in 2023 and sank 32.19% in 2024.
- Over 5 years, Debt Ratio stood at 0.21 in 2022, then retreated by 1.79% to 0.2 in 2023, then grew by 20.51% to 0.25 in 2024, then advanced by 14.99% to 0.28 in 2025, then gained by 6.63% to 0.3 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.3 in Q2 2026, 0.36 in Q1 2026, and 0.28 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 641.14 Bn | 620.38 Bn | 17.26 Bn | 0.30 |
| 2 | AbbVie | 451.04 Bn | 444.47 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 357.43 Bn | 350.29 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 266.73 Bn | 259.04 Bn | 11.24 Bn | 0.08 |
| 5 | Pfizer | 157.52 Bn | 145.82 Bn | 10.94 Bn | 0.31 |
| 6 | Sanofi | 52.14 Bn | 44.76 Bn | 10.79 Bn | 0.17 |
| 7 | Revolution Medicines | 42.88 Bn | 42.88 Bn | - | - |
| 8 | Incyte | 24.70 Bn | 20.16 Bn | 1.57 Bn | 0.00 |
| 9 | United Therapeutics | 21.47 Bn | 18.80 Bn | 683.80 Mn | - |
| 10 | Neurocrine Biosciences | 15.82 Bn | 15.43 Bn | 935.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.30 |
| Mar 29, 2026 | 0.36 |
| Dec 28, 2025 | 0.28 |
| Sep 28, 2025 | 0.27 |
| Jun 29, 2025 | 0.32 |
| Mar 30, 2025 | 0.34 |
| Dec 29, 2024 | 0.25 |
| Sep 29, 2024 | 0.23 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.20 |
| Oct 1, 2023 | 0.20 |
| Jul 2, 2023 | 0.30 |
| Apr 2, 2023 | 0.36 |
| Jan 1, 2023 | 0.29 |
| Oct 2, 2022 | 0.21 |
| Jul 3, 2022 | 0.21 |
| Apr 3, 2022 | 0.21 |
| Jan 2, 2022 | 0.22 |
| Oct 3, 2021 | 0.21 |