Johnson & Johnson (JNJ) Return on Capital Employed [ROCE] (2009 - 2026)
Johnson & Johnson (JNJ) reported Return on Capital Employed [ROCE] of 17.52% for Q3 2026, up 1.03 percentage points from 16.49% a year earlier but down 0.31 percentage points from the prior quarter.
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Analysis
Johnson & Johnson (JNJ) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Johnson & Johnson posted Return on Capital Employed [ROCE] of 18.72%, up 1.70 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased for three consecutive years, with a four-year change of +2.83 percentage points (FY2021 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 17.01% in FY2024 (+0.61 pp), 16.40% in FY2023 (+0.32 pp), 16.09% in FY2022 and 15.88% in FY2021.
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 15.40% in Q2 2025 and a high of 18.25% in Q2 2024.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last four quarters, with an average year-over-year change of +0.03 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2026 (a gain of 2.42 percentage points); the low point was Q2 2025 (a drop of 2.84 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 17.83% (Q2 2026), 17.95% (Q1 2026) and 17.88% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 35.41% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.52% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 21.60% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 4.65% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 9.91% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 17.37% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.15% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 11.32% |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 17.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 17.52% |
| Jun 28, 2026 | 17.83% |
| Mar 29, 2026 | 17.95% |
| Dec 28, 2025 | 17.88% |
| Sep 28, 2025 | 16.49% |
| Jun 29, 2025 | 15.40% |
| Mar 30, 2025 | 16.38% |
| Dec 29, 2024 | 16.31% |
| Sep 29, 2024 | 16.94% |
| Jun 30, 2024 | 18.25% |
| Mar 31, 2024 | 17.94% |
| Dec 31, 2023 | 17.85% |
| Oct 1, 2023 | 28.26% |
| Jul 2, 2023 | 26.90% |
| Apr 2, 2023 | 27.14% |
| Dec 31, 2022 | 27.32% |
| Oct 2, 2022 | 26.18% |
| Jul 3, 2022 | 26.70% |
| Apr 3, 2022 | 27.70% |
| Dec 31, 2021 | 29.64% |
API Access
Johnson & Johnson Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=JNJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();