Johnson & Johnson (JNJ) FCF Payout Ratio (2009 - 2026)
Johnson & Johnson's (JNJ) FCF Payout Ratio came in at 0.44 for Q2 2026, down 59.9% from 1.10 a year earlier and down 79.3% from the prior quarter.
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Analysis
Johnson & Johnson (JNJ) FCF Payout Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, FCF Payout Ratio at Johnson & Johnson was 0.57, down 12.9% year-over-year; for FY2025, it was 0.63, up 5.5% from FY2024.
- In prior years, Johnson & Johnson's FCF Payout Ratio was 0.60 in FY2024 (-7.6%), 0.65 in FY2023 (-5.1%), 0.68 in FY2022 and 0.52 in FY2021.
- Quarterly FCF Payout Ratio has run from a low of 0.39 in Q3 2025 to a high of 2.14 in Q1 2026 over five years.
- On a year-over-year basis, FCF Payout Ratio increased in four of the last eight quarters, with growth averaging 19.4%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q1 2026, with growth of 141.6%; the weakest was Q4 2023, with a decline of 76.9%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 2.14 (Q1 2026), 0.57 (Q4 2025) and 0.39 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | - |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 0.44 |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | - |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 0.48 |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 0.52 |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | - |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 0.39 |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | - |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 8.12 |
| 10 | Vertex Pharmaceuticals | 133.33 Bn | 105.34 Bn | 2.84 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 |
API Access
Johnson & Johnson FCF Payout 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=fcf-payout-ratio&ticker=JNJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-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=fcf-payout-ratio&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();