Johnson & Johnson (JNJ) Net Margin (2009 - 2026)
Johnson & Johnson's (JNJ) quarterly Net Margin came in at 21.86% in Q2 2026, down 146.0% year-over-year from 47.53% in Q2 2025, and little changed quarter-over-quarter from 21.76% in Q1 2026.
Analysis
Johnson & Johnson (JNJ) Net Margin (2009 - 2026) Analysis & Trends
Johnson & Johnson has disclosed Net Margin across 18 years of filings, most recently posting 21.86% for Q2 2026.
- In Q2 2026, Net Margin fell 146.0% year-over-year to 21.86%; the TTM figure through Jun 2026 stood at 21.48% (down 352.0% YoY), while the FY2025 annual figure was 28.46%, up 1262.0% from the prior year.
- Net Margin came in at 21.86% for Q2 2026 at Johnson & Johnson, roughly flat from 21.76% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 121.91% in Q4 2023 to a low of 0.33% in Q2 2023.
- Average Net Margin over 5 years is 26.27%, with a median of 21.61% recorded in 2025.
- Year-over-year, Net Margin jumped 9961 bps in 2023 and sank 10992 bps in 2024.
- Over 5 years, Net Margin stood at 22.29% in 2022, then decreased by 15 bps to 18.92% in 2023, then declined by 19 bps to 15.24% in 2024, then surged by 37 bps to 20.83% in 2025, then rose by 5 bps to 21.86% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 21.86% in Q2 2026, 21.76% in Q1 2026, and 20.83% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 21.28% |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | -8.05% |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | 22.65% |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | -1.58% |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | 2.96% |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | - |
| 8 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 34.98% |
| 9 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn | 42.51% |
| 10 | Jazz Pharmaceuticals | 16.02 Bn | 14.40 Bn | 1.09 Bn | 15.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 21.86% |
| Mar 29, 2026 | 21.76% |
| Dec 28, 2025 | 20.83% |
| Sep 28, 2025 | 21.47% |
| Jun 29, 2025 | 23.32% |
| Mar 30, 2025 | 50.24% |
| Dec 29, 2024 | 15.24% |
| Sep 29, 2024 | 11.99% |
| Jun 30, 2024 | 20.88% |
| Mar 31, 2024 | 15.22% |
| Dec 31, 2023 | 18.92% |
| Oct 1, 2023 | 121.91% |
| Jul 2, 2023 | 23.90% |
| Apr 2, 2023 | -0.33% |
| Jan 1, 2023 | 14.76% |
| Oct 2, 2022 | 22.29% |
| Jul 3, 2022 | 23.10% |
| Apr 3, 2022 | 25.54% |
| Oct 3, 2021 | 15.71% |
| Jul 4, 2021 | 26.93% |