Johnson & Johnson (JNJ) Tax Rate (2009 - 2026)
Johnson & Johnson (JNJ) reported Tax Rate of 17.98% for Q2 2026, up 3.28 percentage points from 14.70% a year earlier and up 5.37 percentage points from the prior quarter.
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Analysis
Johnson & Johnson (JNJ) Tax Rate (2009 - 2026) Analysis & Trends
For FY2025, Johnson & Johnson posted Tax Rate of 17.73%, up 2.02 percentage points from FY2024.
- Tax Rate has a four-year change of +6.92 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 15.71% in FY2024 (+4.18 pp), 11.53% in FY2023 (-3.91 pp), 15.44% in FY2022 and 10.81% in FY2021.
- Five-year quarterly Tax Rate spans a low of 11.73% in Q4 2024 and a high of 31.24% in Q3 2025.
- Year over year, Tax Rate gained in four of the last seven quarters, with an average year-over-year change of +1.56 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2025 (a gain of 11.95 percentage points); the low point was Q4 2023 (a drop of 16.64 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,148.60 Bn | 1,117.19 Bn | 19.71 Bn | 23.27% |
| 2 | Johnson & Johnson | 637.24 Bn | 557.10 Bn | 17.30 Bn | - |
| 3 | AbbVie | 502.40 Bn | 475.51 Bn | 12.70 Bn | 15.47% |
| 4 | Merck | 356.72 Bn | 311.10 Bn | 12.21 Bn | - |
| 5 | Novartis Ag | 301.65 Bn | 265.64 Bn | 11.24 Bn | 23.71% |
| 6 | Astrazeneca | 265.03 Bn | 238.72 Bn | 12.86 Bn | 10.40% |
| 7 | Amgen | 239.14 Bn | 194.54 Bn | 7.24 Bn | 14.20% |
| 8 | Gilead Sciences | 194.82 Bn | 169.02 Bn | 6.22 Bn | - |
| 9 | Pfizer | 172.31 Bn | 118.96 Bn | 10.94 Bn | - |
| 10 | Vertex Pharmaceuticals | 134.06 Bn | 106.07 Bn | 2.84 Bn | 20.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 17.98% |
| Mar 29, 2026 | 12.60% |
| 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% |
| 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% |
| Apr 4, 2021 | 16.58% |
| Sep 27, 2020 | 19.25% |
API Access
Johnson & Johnson Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=JNJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "JNJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();