Johnson & Johnson (JNJ)

Johnson & Johnson Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	88,821	85,159	79,990	78,740	82,584
Revenue Growth (YoY)	4.30%	6.46%	1.59%	-4.65%	0.64%
Cost of Revenue	27,436	26,244	24,596	23,402	28,427
Gross Profit	61,385	58,915	55,394	55,338	54,157
Selling, General & Admin	21,952	20,166	19,078	19,506	21,731
Research & Development	17,232	15,085	14,135	14,277	12,159
Operating Expenses	39,184	35,251	33,213	33,783	33,890
Operating Income	22,201	23,664	22,181	21,555	20,267
Interest Expense	-755	-772	-276	-183	-201
Interest & Investment Income	1,332	1,261	490	53	111
Currency Exchange Gain (Loss)	-214	-366	-286	-216	-209
Other Non Operating Income (Expenses)	1,482	1,764	-556	-550	-2,922
EBT Excluding Unusual Items	24,046	25,551	21,553	20,659	17,046
Merger & Restructuring Charges	-1,069	-1,098	-575	-209	-247
Gain (Loss) on Sale of Investments	-300	-600	-	-	1
Gain (Loss) on Sale of Assets	226	117	380	617	111
Asset Writedown	-405	-1,295	-1,216	-989	-233
Legal Settlements	-5,500	-6,900	-	-	-
Other Unusual Items	-100	-400	-	-	-
Pretax Income	16,687	15,062	19,359	19,178	16,497
Income Tax Expense	2,621	1,736	2,989	1,377	1,783
Earnings From Continuing Operations	14,066	13,326	16,370	17,801	14,714
Earnings From Discontinued Operations	-	21,827	1,571	3,077	-
Net Income	14,066	35,153	17,941	20,878	14,714
Net Income to Common	14,066	35,153	17,941	20,878	14,714
Net Income Growth	-59.99%	95.94%	-14.07%	41.89%	-2.68%
Shares Outstanding (Basic)	2,407	2,534	2,625	2,632	2,633
Shares Outstanding (Diluted)	2,429	2,560	2,664	2,674	2,671
Shares Change (YoY)	-5.12%	-3.89%	-0.38%	0.12%	-0.51%
EPS (Basic)	5.84	13.88	6.83	7.93	5.59
EPS (Diluted)	5.79	13.72	6.73	7.81	5.51
EPS Growth	-57.81%	103.94%	-13.84%	41.76%	-2.13%
Free Cash Flow	18,059	17,778	17,185	19,758	20,189
Free Cash Flow Per Share	7.43	6.94	6.45	7.39	7.56
Dividend Per Share	4.910	4.700	4.450	4.190	3.980
Dividend Growth	4.47%	5.62%	6.21%	5.28%	6.13%
Gross Margin	69.11%	69.18%	69.25%	70.28%	65.58%
Operating Margin	25.00%	27.79%	27.73%	27.37%	24.54%
Profit Margin	15.84%	41.28%	22.43%	26.52%	17.82%
Free Cash Flow Margin	20.33%	20.88%	21.48%	25.09%	24.45%
EBITDA	29,540	30,767	28,510	28,206	27,498
EBITDA Margin	33.26%	36.13%	35.64%	35.82%	33.30%
D&A For EBITDA	7,339	7,103	6,329	6,651	7,231
EBIT	22,201	23,664	22,181	21,555	20,267
EBIT Margin	25.00%	27.79%	27.73%	27.37%	24.54%
Effective Tax Rate	15.71%	11.53%	15.44%	7.18%	10.81%
Advertising Expenses	600	500	700	1,200	2,100

Source: S&P Capital IQ. Standard template. Financial Sources.