Johnson & Johnson (JNJ) FCF Payout Ratio (2009 - 2026)

Johnson & Johnson's (JNJ) quarterly FCF Payout Ratio came in at 2.14 in Q1 2026, up 141.61% year-on-year from 0.88 in Q1 2025, and up 273.52% quarter-over-quarter from 0.57 in Q4 2025.

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 2.14 for Q1 2026.

  • FCF Payout Ratio for Q1 2026 came in at 2.14, up 141.61% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.7 (up 20.11% YoY), and the FY2025 annual result was 0.63, up 5.49% from the prior year.
  • FCF Payout Ratio came in at 2.14 for Q1 2026 at Johnson & Johnson, up from 0.57 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.
  • The 5-year median for FCF Payout Ratio is 0.83 (2022), against an average of 0.91.
  • Across the five-year window, FCF Payout Ratio plunged 76.86% in 2023 and surged 141.61% in 2026, its largest moves.
  • Johnson & Johnson's FCF Payout Ratio stood at 0.83 in 2022, then plunged 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 surged by 273.52% to 2.14 in 2026.
  • The last three FCF Payout Ratio figures came in at 2.14 (Q1 2026), 0.57 (Q4 2025), and 0.39 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -0.41
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 0.51
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 2.14
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 0.87
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn 0.72
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 0.92
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 0.43
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 1.12
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 1.69
10 Novartis Ag 108.28 Bn 107.60 Bn - -

Historic Data

Download Data
DateValue
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
Sep 27, 2020 0.35