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 93,699,046.73 Bn 93,699,041.77 Bn 7.76 Bn -14.23%
2 Eli Lilly 1,012.06 Bn 1,006.77 Bn 16.22 Bn 16.43%
3 Johnson & Johnson 560.67 Bn 538.62 Bn 15.96 Bn 12.60%
4 AbbVie 402.20 Bn 392.85 Bn 10.78 Bn 32.92%
5 Merck 298.59 Bn 292.94 Bn 12.09 Bn -20.26%
6 Amgen 188.77 Bn 176.74 Bn 5.87 Bn 12.72%
7 Gilead Sciences 160.22 Bn 152.49 Bn 5.52 Bn 21.67%
8 Pfizer 148.19 Bn 135.42 Bn -1.21 Bn 14.54%
9 Bristol Myers Squibb 116.72 Bn 106.26 Bn 8.07 Bn 17.31%
10 Novartis Ag 109.78 Bn 109.09 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%