Johnson & Johnson (JNJ) FCF Margin (2009 - 2026)
Johnson & Johnson (JNJ) recorded FCF Margin of 25.03% in Q3 2026, down 8.36 percentage points from 33.39% a year earlier and down 3.79 percentage points from the prior quarter.
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Analysis
Johnson & Johnson (JNJ) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Johnson & Johnson's FCF Margin came in at 20.73% as of Sep 27, 2026, down 0.54 percentage points year-over-year; for FY2025, it came in at 20.91%, down 1.43 percentage points from FY2024.
- Annual FCF Margin has a four-year change of -3.53 percentage points (FY2021 to FY2025).
- Across earlier years, FCF Margin came in at 22.34% in FY2024 (+0.91 pp), 21.43% in FY2023 (-0.06 pp), 21.48% in FY2022 and 24.45% in FY2021.
- Quarterly FCF Margin has ranged from 6.09% in Q1 2026 to 33.39% in Q3 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of -1.52 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 20.58 percentage points in Q4 2023, against a drop of 9.35 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.82% (Q2 2026), 6.09% (Q1 2026) and 22.28% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 33.69% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 25.03% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 41.97% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 30.51% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 52.85% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 35.25% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 57.81% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 28.96% |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 15.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 25.03% |
| Jun 28, 2026 | 28.82% |
| Mar 29, 2026 | 6.09% |
| Dec 28, 2025 | 22.28% |
| Sep 28, 2025 | 33.39% |
| Jun 29, 2025 | 11.94% |
| Mar 30, 2025 | 15.43% |
| Dec 29, 2024 | 23.85% |
| Sep 29, 2024 | 30.99% |
| Jun 30, 2024 | 20.75% |
| Mar 31, 2024 | 13.33% |
| Dec 31, 2023 | 29.32% |
| Oct 1, 2023 | 30.55% |
| Jul 2, 2023 | 14.21% |
| Apr 2, 2023 | 11.46% |
| Dec 31, 2022 | 4.22% |
| Apr 3, 2022 | 17.00% |
| Dec 31, 2021 | 4.64% |
| Oct 3, 2021 | 32.32% |
| Jul 4, 2021 | 19.31% |
API Access
Johnson & Johnson FCF Margin 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=fcf-margin&ticker=JNJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();