Johnson & Johnson Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022	Jan '21 Jan 3, 2021
Revenue	92,149	88,821	85,159	79,990	78,740	82,584
Revenue Growth (YoY)	5.08%	4.30%	6.46%	1.59%	-4.66%	0.64%
Cost of Revenue	29,416	27,471	26,553	24,596	23,402	28,427
Gross Profit	62,733	61,350	58,606	55,394	55,338	54,157
Selling, General & Admin	23,376	22,869	21,512	20,246	20,118	22,084
Research & Development	15,711	17,232	15,085	14,135	14,277	12,159
Other Operating Expenses	203	445	802	1,058	1,109	428
Operating Expenses	39,290	40,546	37,399	35,439	35,504	34,671
Operating Income	23,443	20,804	21,207	19,955	19,834	19,486
Interest Expense (Income)	894	755	772	276	183	201
Other Expense (Income)	-8,953	3,362	-16,454	-1,251	-2,604	2,788
Pretax Income	31,502	16,687	36,889	20,930	22,255	16,497
Income Tax	6,383	2,621	1,736	2,989	1,377	1,783
Net Income	25,119	14,066	35,153	17,941	20,878	14,714
Net Income Growth	71.06%	-59.99%	95.94%	-14.07%	41.89%	-2.68%
Shares Outstanding (Basic)	2,407	2,407	2,534	2,625	2,632	2,633
Shares Outstanding (Diluted)	2,425	2,429	2,560	2,664	2,674	2,671
Shares Change	-0.28%	-5.12%	-3.89%	-0.38%	0.12%	-0.51%
EPS (Basic)	10.43	5.84	13.88	6.83	7.93	5.59
EPS (Diluted)	10.35	5.79	13.72	6.73	7.81	5.51
EPS Growth	73.66%	-57.80%	103.86%	-13.83%	41.74%	-2.13%
Free Cash Flow	19,597	19,842	18,248	17,185	19,758	20,189
Free Cash Flow Per Share	8.14	8.24	7.20	6.55	7.51	7.67
Dividend Per Share	5.080	4.910	4.700	4.450	4.190	3.980
Dividend Growth	4.53%	4.47%	5.62%	6.21%	5.28%	6.13%
Gross Margin	68.08%	69.07%	68.82%	69.25%	70.28%	65.58%
Operating Margin	25.44%	23.42%	24.90%	24.95%	25.19%	23.59%
Profit Margin	27.26%	15.84%	41.28%	22.43%	26.52%	17.82%
Free Cash Flow Margin	21.27%	22.34%	21.43%	21.48%	25.09%	24.45%
Effective Tax Rate	20.26%	15.71%	4.71%	14.28%	6.19%	10.81%
EBITDA	39,784	24,781	45,147	28,176	29,828	23,929
EBITDA Margin	43.17%	27.90%	53.02%	35.22%	37.88%	28.98%
Depreciation & Amortization	7,388	7,339	7,486	6,970	7,390	7,231
EBIT	32,396	17,442	37,661	21,206	22,438	16,698
EBIT Margin	35.16%	19.64%	44.22%	26.51%	28.50%	20.22%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).