Johnson & Johnson (JNJ) Invested Capital (2009 - 2026)
Johnson & Johnson's Invested Capital was $134.01 billion in Q2 2026, up 3.7% from $129.23 billion a year earlier but down 1.6% from the prior quarter.
Powered by 
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 eight straight quarters, with growth averaging 12.6% 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 Q2 2026 was $136.17 billion (Q1 2026), $129.48 billion (Q4 2025) and $125.07 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 88.79 Bn |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 134.01 Bn |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 64.89 Bn |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 95.89 Bn |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 51.53 Bn |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 44.56 Bn |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 68.99 Bn |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | 38.08 Bn |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 148.69 Bn |
| 10 | Vertex Pharmaceuticals | 129.23 Bn | 101.23 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Oct 3, 2021 | 104.20 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();