Johnson & Johnson (FRA:JNJ)

Johnson & Johnson Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 28, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022
Revenue	94,193	88,821	85,159	79,990	78,740
Revenue Growth (YoY)	6.05%	4.30%	6.46%	1.59%	-4.66%
Cost of Revenue	30,078	27,036	26,044	24,596	23,402
Gross Profit	64,115	61,785	59,115	55,394	55,338
Selling, General & Admin	23,676	21,952	20,166	19,078	19,506
Research & Development	14,702	17,232	15,085	14,135	14,277
Operating Expenses	38,378	39,184	35,251	33,213	33,783
Operating Income	25,737	22,601	23,864	22,181	21,555
Interest Expense	-	-755	-772	-276	-183
Interest & Investment Income	85	1,332	1,261	490	53
Currency Exchange Gain (Loss)	-	-214	-366	-286	-216
Other Non Operating Income (Expenses)	1,238	1,482	1,764	-556	-550
EBT Excluding Unusual Items	27,060	24,446	25,751	21,553	20,659
Merger & Restructuring Charges	-797	-1,469	-1,098	-575	-209
Gain (Loss) on Sale of Investments	427	-300	-600	-	-
Gain (Loss) on Sale of Assets	-	226	117	380	617
Asset Writedown	-	-405	-1,295	-1,216	-989
Legal Settlements	6,040	-5,500	-6,900	-	-
Other Unusual Items	-68	-100	-600	-	-
Pretax Income	32,581	16,687	15,062	19,359	19,178
Income Tax Expense	5,777	2,621	1,736	2,989	1,377
Earnings From Continuing Operations	26,804	14,066	13,326	16,370	17,801
Earnings From Discontinued Operations	-	-	21,827	1,571	3,077
Net Income	26,804	14,066	35,153	17,941	20,878
Net Income to Common	26,804	14,066	35,153	17,941	20,878
Net Income Growth	90.56%	-59.99%	95.94%	-14.07%	41.89%
Shares Outstanding (Basic)	2,429	2,407	2,534	2,625	2,632
Shares Outstanding (Diluted)	2,429	2,429	2,560	2,664	2,674
Shares Change (YoY)	-	-5.12%	-3.89%	-0.38%	0.12%
EPS (Basic)	11.03	5.84	13.88	6.83	7.93
EPS (Diluted)	11.03	5.79	13.72	6.73	7.81
EPS Growth	90.50%	-57.81%	103.94%	-13.84%	41.75%
Free Cash Flow	-	19,842	18,248	17,185	19,758
Free Cash Flow Per Share	-	8.17	7.13	6.45	7.39
Dividend Per Share	5.140	4.910	4.700	4.450	4.190
Dividend Growth	4.68%	4.47%	5.62%	6.21%	5.28%
Gross Margin	68.07%	69.56%	69.42%	69.25%	70.28%
Operating Margin	27.32%	25.45%	28.02%	27.73%	27.38%
Profit Margin	28.46%	15.84%	41.28%	22.43%	26.52%
Free Cash Flow Margin	-	22.34%	21.43%	21.48%	25.09%
EBITDA	33,060	29,940	30,967	28,510	28,206
EBITDA Margin	35.10%	33.71%	36.36%	35.64%	35.82%
D&A For EBITDA	7,323	7,339	7,103	6,329	6,651
EBIT	25,737	22,601	23,864	22,181	21,555
EBIT Margin	27.32%	25.45%	28.02%	27.73%	27.38%
Effective Tax Rate	17.73%	15.71%	11.53%	15.44%	7.18%
Advertising Expenses	-	600	500	700	1,200

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