Johnson & Johnson JNJ
NYSE JNJ
$267.21 -1.91 (-0.71%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Johnson & Johnson's (JNJ) quarterly Tax Rate came in at 17.98% in Q2 2026, up 328.0% year-over-year from 4.2% in Q2 2025, and up 42.64% quarter-over-quarter from 12.6% in Q1 2026.

Analysis

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

Johnson & Johnson has disclosed Tax Rate across 18 years of filings, most recently posting 17.98% for Q2 2026.

  • In Q2 2026, Tax Rate rose 328.0% year-over-year to 17.98%; the TTM figure through Jun 2026 stood at 16.51% (down 63.0% YoY), while the FY2025 annual figure was 17.73%, up 202.0% from the prior year.
  • Tax Rate came in at 17.98% for Q2 2026 at Johnson & Johnson, up from 12.6% 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.
  • Average Tax Rate over 5 years is 19.13%, with a median of 17.04% recorded in 2022.
  • Year-over-year, Tax Rate jumped 4815 bps in 2023 and slumped 4949 bps in 2024.
  • Over 5 years, 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 sank by 126 bps to 3.02% in 2025, then jumped by 695 bps to 17.98% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 17.98% in Q2 2026, 12.6% in Q1 2026, and 3.02% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn 17.98%
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn 15.47%
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn -95.75%
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn -23.71%
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn 62.33%
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn -31.96%
7 Revolution Medicines 43.79 Bn 43.79 Bn - -
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn 22.08%
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn 10.65%
10 Neurocrine Biosciences 15.65 Bn 15.26 Bn 935.80 Mn 10.97%
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 17.98%
Mar 29, 2026 12.60%
Dec 28, 2025 -3.02%
Sep 28, 2025 31.24%
Jun 29, 2025 14.70%
Mar 30, 2025 19.31%
Dec 29, 2024 11.73%
Sep 29, 2024 19.29%
Jun 30, 2024 18.48%
Mar 31, 2024 12.36%
Dec 31, 2023 14.38%
Oct 1, 2023 17.40%
Jul 2, 2023 14.75%
Apr 2, 2023 61.85%
Jan 1, 2023 31.02%
Oct 2, 2022 16.67%
Jul 3, 2022 19.95%
Apr 3, 2022 13.70%
Oct 3, 2021 4.73%
Jul 4, 2021 5.76%