Johnson & Johnson (JNJ) Debt Ratio (2009 - 2026)
Johnson & Johnson's (JNJ) Debt Ratio was 0.23 for Q3 2026, down 4.8% from 0.24 a year earlier and down 7.3% from the prior quarter.
Johnson & Johnson (JNJ) Debt Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 27, 2026, Johnson & Johnson's Debt Ratio came in at 0.99, up 2.9% year-over-year; for FY2025, it was 0.24, up 18.3% from FY2024.
- By year, Debt Ratio came in at 0.20 in FY2024 (+16.2%), 0.18 in FY2023 (-17.3%), 0.21 in FY2022 and 0.20 in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Debt Ratio since Q4 2024.
- Year over year, Debt Ratio gained in six of the last eight quarters, with growth averaging 11.9%.
- The high point for year-over-year Debt Ratio in five years was Q1 2025 (growth of 38.0%); the low point was Q1 2024 (a decline of 27.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.24 (Q2 2026), 0.27 (Q1 2026) and 0.24 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 0.23 |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 0.31 |
| 10 | Vertex Pharmaceuticals | 135.58 Bn | 107.59 Bn | 2.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 0.23 |
| Jun 28, 2026 | 0.24 |
| Mar 29, 2026 | 0.27 |
| Dec 28, 2025 | 0.24 |
| Sep 28, 2025 | 0.24 |
| Jun 29, 2025 | 0.26 |
| Mar 30, 2025 | 0.27 |
| Dec 29, 2024 | 0.20 |
| Sep 29, 2024 | 0.20 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.18 |
| Oct 1, 2023 | 0.18 |
| Jul 2, 2023 | 0.24 |
| Apr 2, 2023 | 0.27 |
| Jan 1, 2023 | 0.21 |
| Oct 2, 2022 | 0.18 |
| Jul 3, 2022 | 0.18 |
| Apr 3, 2022 | 0.19 |
| Jan 2, 2022 | 0.19 |
Johnson & Johnson Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=JNJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "JNJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();