Johnson & Johnson (JNJ) Net Margin (2009 - 2026)
Johnson & Johnson's Net Margin came in at 21.86% for Q2 2026, down 1.46 percentage points from 23.32% a year earlier but up 0.11 percentage points from the prior quarter.
Johnson & Johnson (JNJ) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Johnson & Johnson reported Net Margin of 21.48%, down 3.52 percentage points year-over-year; for FY2025, it came in at 28.46%, up 12.62 percentage points from FY2024.
- Net Margin carries a four-year change of +10.64 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was 15.84% in FY2024 (-25.44 pp), 41.28% in FY2023 (+18.85 pp), 22.43% in FY2022 and 17.82% in FY2021.
- The five-year range for quarterly Net Margin is -0.33% (Q1 2023) to 121.91% (Q3 2023).
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -11.38 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2025 (a gain of 35.02 percentage points), and the weakest in Q3 2024 (a drop of 109.92 percentage points).
- Business Quant data shows JNJ's Net Margin at 21.76% (Q1 2026), 20.83% (Q4 2025) and 21.47% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 30.88% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 21.86% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 21.27% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | -8.04% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 22.61% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 18.81% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 23.62% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | -134.51% |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | -1.65% |
| 10 | Vertex Pharmaceuticals | 127.87 Bn | 99.88 Bn | 2.84 Bn | 32.99% |
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 | 17.65% |
| Oct 2, 2022 | 22.29% |
| Jul 3, 2022 | 23.81% |
| Apr 3, 2022 | 25.95% |
| Oct 3, 2021 | 15.71% |
| Jul 4, 2021 | 26.93% |
Johnson & Johnson Net Margin 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=net-margin&ticker=JNJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();