Johnson & Johnson (BIT:1JNJ)

Johnson & Johnson Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 30, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	89,331	88,821	85,159	79,990	78,740	82,584
Revenue Growth (YoY)	4.30%	4.30%	6.46%	1.59%	-4.66%	0.64%
Cost of Revenue	27,851	27,036	26,044	24,596	23,402	28,427
Gross Profit	61,480	61,785	59,115	55,394	55,338	54,157
Selling, General & Admin	21,811	21,952	20,166	19,078	19,506	21,731
Research & Development	16,961	17,232	15,085	14,135	14,277	12,159
Operating Expenses	38,772	39,184	35,251	33,213	33,783	33,890
Operating Income	22,708	22,601	23,864	22,181	21,555	20,267
Interest Expense	-755	-755	-772	-276	-183	-201
Interest & Investment Income	1,251	1,332	1,261	490	53	111
Currency Exchange Gain (Loss)	-214	-214	-366	-286	-216	-209
Other Non Operating Income (Expenses)	1,548	1,482	1,764	-556	-550	-2,922
EBT Excluding Unusual Items	24,538	24,446	25,751	21,553	20,659	17,046
Merger & Restructuring Charges	-1,337	-1,469	-1,098	-575	-209	-247
Gain (Loss) on Sale of Investments	-359	-300	-600	-	-	1
Gain (Loss) on Sale of Assets	226	226	117	380	617	111
Asset Writedown	-405	-405	-1,295	-1,216	-989	-233
Legal Settlements	4,192	-5,500	-6,900	-	-	-
Other Unusual Items	-40	-100	-600	-	-	-
Pretax Income	26,604	16,687	15,062	19,359	19,178	16,497
Income Tax Expense	4,794	2,621	1,736	2,989	1,377	1,783
Earnings From Continuing Operations	21,810	14,066	13,326	16,370	17,801	14,714
Earnings From Discontinued Operations	-	-	21,827	1,571	3,077	-
Net Income	21,810	14,066	35,153	17,941	20,878	14,714
Net Income to Common	21,810	14,066	35,153	17,941	20,878	14,714
Net Income Growth	-43.31%	-59.99%	95.94%	-14.07%	41.89%	-2.68%
Shares Outstanding (Basic)	2,406	2,407	2,534	2,625	2,632	2,633
Shares Outstanding (Diluted)	2,428	2,429	2,560	2,664	2,674	2,671
Shares Change (YoY)	-3.53%	-5.12%	-3.89%	-0.38%	0.12%	-0.51%
EPS (Basic)	9.07	5.84	13.88	6.83	7.93	5.59
EPS (Diluted)	8.98	5.79	13.72	6.73	7.81	5.51
EPS Growth	-41.22%	-57.81%	103.94%	-13.84%	41.75%	-2.13%
Free Cash Flow	-	19,842	18,248	17,185	19,758	20,189
Free Cash Flow Per Share	-	8.17	7.13	6.45	7.39	7.56
Dividend Per Share	4.960	4.910	4.700	4.450	4.190	3.980
Dividend Growth	4.20%	4.47%	5.62%	6.21%	5.28%	6.13%
Gross Margin	68.82%	69.56%	69.42%	69.25%	70.28%	65.58%
Operating Margin	25.42%	25.45%	28.02%	27.73%	27.38%	24.54%
Profit Margin	24.41%	15.84%	41.28%	22.43%	26.52%	17.82%
Free Cash Flow Margin	-	22.34%	21.43%	21.48%	25.09%	24.45%
EBITDA	30,067	29,940	30,967	28,510	28,206	27,498
EBITDA Margin	33.66%	33.71%	36.36%	35.64%	35.82%	33.30%
D&A For EBITDA	7,359	7,339	7,103	6,329	6,651	7,231
EBIT	22,708	22,601	23,864	22,181	21,555	20,267
EBIT Margin	25.42%	25.45%	28.02%	27.73%	27.38%	24.54%
Effective Tax Rate	18.02%	15.71%	11.53%	15.44%	7.18%	10.81%
Advertising Expenses	-	600	500	700	1,200	2,100

Source: S&P Global Market Intelligence. Standard template. Financial Sources.