Johnson & Johnson (JNJ) Net Margin (2009 - 2026)
Johnson & Johnson's Net Margin came in at 0.83% for Q3 2026, down 20.65 percentage points from 21.47% a year earlier and down 21.04 percentage points from the prior quarter.
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Analysis
Johnson & Johnson (JNJ) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 27, 2026, Johnson & Johnson reported Net Margin of 16.20%, down 11.06 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 Q3 2026 figure represents the lowest quarterly Net Margin since Q1 2023.
- Year-over-year, Net Margin has declined for three consecutive quarters, with an average year-over-year change of -0.22 percentage points over the last eight quarters.
- 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 21.86% (Q2 2026), 21.76% (Q1 2026) and 20.83% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | 30.88% |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | 21.27% |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | -8.04% |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | 23.62% |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | -134.51% |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | -1.65% |
| 10 | Vertex Pharmaceuticals | 132.74 Bn | 104.74 Bn | 2.84 Bn | 32.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 0.83% |
| 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% |
API Access
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_KEYimport 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();