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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |