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 | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 26.44% |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 24.24% |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 28.01% |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | 20.69% |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 37.28% |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | 29.27% |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 19.55% |
| 10 | Vertex Pharmaceuticals | 136.55 Bn | 104.28 Bn | 2.91 Bn | 19.00% |
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% |
| Dec 31, 2022 | 18.90% |
| Oct 2, 2022 | 22.29% |
| Jul 3, 2022 | 23.81% |
| Apr 3, 2022 | 25.95% |
| Dec 31, 2021 | 26.52% |
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();