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 | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 33.76% |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 25.03% |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 18.33% |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 26.96% |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 38.60% |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 6.55% |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 34.70% |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 44.00% |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 2.01% |
| 10 | Vertex Pharmaceuticals | 135.58 Bn | 107.59 Bn | 2.84 Bn | 30.39% |
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% |
| Jan 1, 2023 | 8.75% |
| Apr 3, 2022 | 17.00% |
| Oct 3, 2021 | 32.32% |
| Jul 4, 2021 | 19.31% |
| Apr 4, 2021 | 15.22% |
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();