Johnson & Johnson (JNJ) Invested Capital (2009 - 2026)
Johnson & Johnson's Invested Capital was $126.18 billion in Q3 2026, up 0.9% from $125.07 billion a year earlier but down 5.8% from the prior quarter.
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Analysis
Johnson & Johnson (JNJ) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Johnson & Johnson came in at $129.48 billion, up 19.7% from FY2024.
- Invested Capital shows a four-year compound annual growth rate of 7.1% (FY2021 to FY2025).
- In earlier years, Invested Capital was $108.12 billion in FY2024 (+10.2%), $98.11 billion in FY2023 (-15.7%), $116.45 billion in FY2022 and $98.54 billion in FY2021.
- Quarterly Invested Capital has moved between $98.11 billion (Q4 2023) and $136.17 billion (Q1 2026) over five years.
- Compared with a year earlier, Invested Capital has increased for nine straight quarters, with growth averaging 12.1% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q1 2025 (growth of 25.8%); the worst was Q1 2024 (a decline of 16.3%).
- Per Business Quant data, JNJ's Invested Capital in the three quarters before Q3 2026 was $134.01 billion (Q2 2026), $136.17 billion (Q1 2026) and $129.48 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 89.77 Bn |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 126.18 Bn |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 76.32 Bn |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 98.72 Bn |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 39.85 Bn |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 68.36 Bn |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 39.27 Bn |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 151.97 Bn |
| 10 | Vertex Pharmaceuticals | 138.73 Bn | 110.72 Bn | 2.91 Bn | 25.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 126.18 Bn |
| Jun 28, 2026 | 134.01 Bn |
| Mar 29, 2026 | 136.17 Bn |
| Dec 28, 2025 | 129.48 Bn |
| Sep 28, 2025 | 125.07 Bn |
| Jun 29, 2025 | 129.23 Bn |
| Mar 30, 2025 | 130.36 Bn |
| Dec 29, 2024 | 108.12 Bn |
| Sep 29, 2024 | 105.91 Bn |
| Jun 30, 2024 | 113.03 Bn |
| Mar 31, 2024 | 103.65 Bn |
| Dec 31, 2023 | 98.11 Bn |
| Oct 1, 2023 | 101.15 Bn |
| Jul 2, 2023 | 122.01 Bn |
| Apr 2, 2023 | 123.78 Bn |
| Jan 1, 2023 | 116.45 Bn |
| Oct 2, 2022 | 106.63 Bn |
| Jul 3, 2022 | 108.95 Bn |
| Apr 3, 2022 | 107.86 Bn |
| Jan 2, 2022 | 107.77 Bn |
API Access
Johnson & Johnson Invested Capital 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=invested-capital&ticker=JNJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();