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

Johnson & Johnson's (JNJ) quarterly Tax Rate came in at 12.6% in Q1 2026, down 670.0% year-on-year from 2.21% in Q1 2025, and up 517.29% quarter-over-quarter from 3.02% in Q4 2025.

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

Johnson & Johnson has disclosed Tax Rate across 18 years of filings, most recently posting 12.6% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 12.6%, down 670.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.64% (down 238.0% YoY), and the FY2025 annual result was 17.73%, up 202.0% from the prior year.
  • Tax Rate came in at 12.6% for Q1 2026 at Johnson & Johnson, up from 3.02% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 61.85% in Q2 2023 to a low of 3.02% in Q4 2025.
  • The 5-year median for Tax Rate is 16.67% (2022), against an average of 19.2%.
  • Across the five-year window, Tax Rate soared 4815 bps in 2023 and tumbled 4949 bps in 2024, its largest moves.
  • Johnson & Johnson's Tax Rate stood at 16.67% in 2022, then slipped by 14 bps to 14.38% in 2023, then slipped by 18 bps to 11.73% in 2024, then tumbled by 126 bps to 3.02% in 2025, then soared by 517 bps to 12.6% in 2026.
  • The last three Tax Rate figures came in at 12.6% (Q1 2026), 3.02% (Q4 2025), and 31.24% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -14.23
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 16.43
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 12.60
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn 32.92
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn -20.26
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 12.72
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 21.67
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 14.54
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 17.31
10 Novartis Ag 108.28 Bn 107.60 Bn - -

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%