Johnson & Johnson (JNJ) Tax Rate (2009 - 2026)

Johnson & Johnson (JNJ) posted Tax Rate of 12.6% for Q1 2026, up 517.29% sequentially from 3.02% in Q4 2025, and down 670.0% YoY from 2.21% in Q1 2025.

Johnson & Johnson (JNJ) Tax Rate (2009 - 2026) Analysis & Trends

Johnson & Johnson (JNJ) has 18 years of Tax Rate data on file, last reported at 12.6% in Q1 2026.

  • Quarterly Tax Rate fell 670.0% year-over-year to 12.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.64% (down 238.0% YoY) and the FY2025 annual result came in at 17.73%, up 202.0% from the prior year.
  • Tax Rate advanced to 12.6% in Q1 2026 per JNJ's latest filing, from 3.02% in the prior quarter.
  • The five-year high for Tax Rate was 61.85% in Q2 2023, with the low at 3.02% in Q4 2025.
  • Average Tax Rate over 5 years is 19.2%, with a median of 16.67% recorded in 2022.
  • Year-over-year, Tax Rate jumped 4815 bps in 2023 and sank 4949 bps in 2024.
  • Johnson & Johnson's Tax Rate stood at 16.67% in 2022, then fell by 14 bps to 14.38% in 2023, then fell by 18 bps to 11.73% in 2024, then plunged by 126 bps to 3.02% in 2025, then soared by 517 bps to 12.6% in 2026.
  • Business Quant data shows JNJ's Tax Rate at 12.6% in Q1 2026, 3.02% in Q4 2025, and 31.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 16.43%
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 12.60%
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn 32.92%
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 78.72%
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -20.26%
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 12.72%
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 21.67%
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn 14.54%
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn 15.41%

Historic Data

Download Data
DateValue
Mar 29, 2026 12.60
Mar 29, 2026 12.60
Dec 28, 2025 -3.02
Dec 28, 2025 -3.02
Sep 28, 2025 31.24
Sep 28, 2025 31.24
Jun 29, 2025 14.70
Jun 29, 2025 14.70
Mar 30, 2025 19.31
Mar 30, 2025 19.31
Dec 29, 2024 11.73
Dec 29, 2024 11.73
Sep 29, 2024 19.29
Sep 29, 2024 19.29
Jun 30, 2024 18.48
Jun 30, 2024 18.48
Mar 31, 2024 12.36
Mar 31, 2024 12.36
Dec 31, 2023 14.38
Dec 31, 2023 14.38