Johnson & Johnson (JNJ) FCF Payout Ratio (2009 - 2026)
Johnson & Johnson's (JNJ) quarterly FCF Payout Ratio came in at 0.44 in Q2 2026, down 59.92% year-over-year from 1.1 in Q2 2025, and down 79.3% quarter-over-quarter from 2.14 in Q1 2026.
Analysis
Johnson & Johnson (JNJ) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Johnson & Johnson has disclosed FCF Payout Ratio across 18 years of filings, most recently posting 0.44 for Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 59.92% year-over-year to 0.44; the TTM figure through Jun 2026 stood at 0.57 (down 12.93% YoY), while the FY2025 annual figure was 0.63, up 5.49% from the prior year.
- FCF Payout Ratio came in at 0.44 for Q2 2026 at Johnson & Johnson, down from 2.14 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 2.14 in Q1 2026 to a low of 0.39 in Q3 2025.
- Average FCF Payout Ratio over 5 years is 0.88, with a median of 0.73 recorded in 2022.
- Year-over-year, FCF Payout Ratio tumbled 76.86% in 2023 and soared 141.61% in 2026.
- Over 5 years, FCF Payout Ratio stood at 0.83 in 2022, then slumped by 44.75% to 0.46 in 2023, then increased by 21.66% to 0.56 in 2024, then increased by 2.99% to 0.57 in 2025, then fell by 22.69% to 0.44 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.44 in Q2 2026, 2.14 in Q1 2026, and 0.57 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 650.65 Bn | 629.89 Bn | 17.26 Bn | 0.44 |
| 2 | AbbVie | 466.34 Bn | 459.82 Bn | 12.70 Bn | 0.99 |
| 3 | Merck | 362.11 Bn | 355.02 Bn | 12.21 Bn | 0.48 |
| 4 | Novartis Ag | 267.81 Bn | 260.52 Bn | 11.24 Bn | 0.46 |
| 5 | Pfizer | 157.31 Bn | 145.91 Bn | 10.94 Bn | 8.12 |
| 6 | Bristol Myers Squibb | 128.75 Bn | 117.69 Bn | 9.25 Bn | 0.42 |
| 7 | Sanofi | 51.80 Bn | 44.84 Bn | 10.79 Bn | 1.77 |
| 8 | Revolution Medicines | 40.91 Bn | 40.91 Bn | - | - |
| 9 | BeOne Medicines | 39.65 Bn | 34.55 Bn | 1.53 Bn | - |
| 10 | Incyte | 25.18 Bn | 20.65 Bn | 1.57 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.44 |
| Mar 29, 2026 | 2.14 |
| Dec 28, 2025 | 0.57 |
| Sep 28, 2025 | 0.39 |
| Jun 29, 2025 | 1.10 |
| Mar 30, 2025 | 0.88 |
| Dec 29, 2024 | 0.56 |
| Sep 29, 2024 | 0.43 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 1.01 |
| Dec 31, 2023 | 0.46 |
| Oct 1, 2023 | 0.44 |
| Jul 2, 2023 | 1.01 |
| Apr 2, 2023 | 1.23 |
| Jan 1, 2023 | 1.97 |
| Apr 3, 2022 | 0.83 |
| Oct 3, 2021 | 0.37 |
| Jul 4, 2021 | 0.62 |
| Apr 4, 2021 | 0.78 |
| Jan 3, 2021 | 0.38 |