financial statements
The full income statement, balance sheet, and cash-flow statement for Johnson & Johnson (JNJ), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|---|
| Income Statement | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | as ofJan 3 ’21 | |
| Revenue | 94.2B YoY+6.0% | 88.8B YoY+4.3% | 85.2B YoY+6.5% | 80.0B YoY+1.6% | 78.7B YoY-4.7% | 82.6B YoY+0.6% | |
63.9B YoY+4.2% | 61.4B YoY+4.7% | 58.6B YoY+5.8% | 55.4B YoY+0.1% | 55.3B YoY+2.2% | 54.2B YoY-0.6% | ||
| Research & development | 109M YoY-94.1% | 1.84B YoY+281.2% | 483M | 0.00 | 0.00 YoY-100.0% | 12.2B YoY+7.1% | |
| Selling, general & administrative | 23.7B YoY+3.5% | 22.9B YoY+6.3% | 21.5B YoY+6.3% | 20.2B YoY+0.6% | 20.1B YoY-8.9% | 22.1B YoY-0.4% | |
| Restructuring | 228M YoY-2.6% | 234M YoY-52.1% | 489M YoY+77.8% | 275M YoY+31.6% | 209M YoY-15.4% | 247M YoY-7.1% | |
| Amortization of intangibles | 4.60B YoY+2.2% | 4.50B YoY+0.0% | 4.50B YoY+15.4% | 3.90B YoY-7.1% | 4.20B YoY-10.6% | 4.70B YoY+4.4% | |
| Provision for credit losses | -1.00M YoY-109.1% | 11.0M | 0.00 YoY+100.0% | -17.0M YoY+64.6% | -48.0M YoY-176.2% | 63.0M YoY+415.0% | |
| Interest expense | 971M YoY+28.6% | 755M YoY-2.2% | 772M YoY+179.7% | 276M YoY+50.8% | 183M YoY-9.0% | 201M YoY-36.8% | |
| Interest & investment income | 1.06B YoY-20.7% | 1.33B YoY+5.6% | 1.26B YoY+157.3% | 490M YoY+824.5% | 53.0M YoY-52.3% | 111M YoY-68.9% | |
| Other non-operating income | 7.21B YoY+253.6% | -4.69B YoY+29.2% | -6.63B YoY-719.0% | -810M YoY-54.0% | -526M YoY+81.9% | -2.90B YoY-14.8% | |
| Pre-tax income | 32.6B YoY+95.2% | 16.7B YoY+10.8% | 15.1B YoY-22.2% | 19.4B YoY+0.9% | 19.2B YoY+16.3% | 16.5B YoY-4.8% | |
| Income tax | 5.78B YoY+120.4% | 2.62B YoY+51.0% | 1.74B YoY-41.9% | 2.99B YoY+117.1% | 1.38B YoY-22.8% | 1.78B YoY-19.3% | |
26.8B YoY+90.6% | 14.1B YoY-60.0% | 35.2B YoY+95.9% | 17.9B YoY-14.1% | 20.9B YoY+41.9% | 14.7B YoY-2.7% | ||
$11.03 YoY+90.5% | $5.79 YoY-57.8% | $13.72 YoY+103.9% | $6.73 YoY-13.8% | $7.81 YoY+41.7% | $5.51 YoY-2.1% | ||
| Balance Sheet | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | as ofJan 3 ’21 | |
55.6B YoY-0.5% | 55.9B YoY+4.5% | 53.5B YoY-3.3% | 55.3B YoY-9.3% | 61.0B YoY+19.0% | 51.2B YoY+13.2% | ||
199B YoY+10.6% | 180B YoY+7.5% | 168B YoY-10.6% | 187B YoY+2.9% | 182B YoY+4.1% | 175B YoY+10.9% | ||
54.1B YoY+7.6% | 50.3B YoY+8.7% | 46.3B YoY-17.1% | 55.8B YoY+23.4% | 45.2B YoY+6.4% | 42.5B YoY+18.2% | ||
118B YoY+8.3% | 109B YoY+10.0% | 98.8B YoY-10.7% | 111B YoY+2.4% | 108B YoY-3.2% | 112B YoY+13.6% | ||
81.5B YoY+14.1% | 71.5B YoY+3.9% | 68.8B YoY-10.5% | 76.8B YoY+3.8% | 74.0B YoY+17.0% | 63.3B YoY+6.4% | ||
| Cash Flow | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | as ofJan 3 ’21 | |
24.5B YoY+1.1% | 24.3B YoY+6.5% | 22.8B YoY+7.5% | 21.2B YoY-9.5% | 23.4B YoY-0.5% | 23.5B YoY+0.5% | ||
-23.6B YoY-26.8% | -18.6B YoY-2218.3% | 878M YoY+107.1% | -12.4B YoY-42.5% | -8.68B YoY+58.3% | -20.8B YoY-236.2% | ||
-5.54B YoY-76.9% | -3.13B YoY+80.2% | -15.8B YoY-78.4% | -8.87B YoY+36.8% | -14.0B YoY-129.5% | -6.12B YoY+66.0% | ||
| FX effect on cash | 201M YoY+169.6% | -289M YoY-158.0% | -112M YoY+64.1% | -312M YoY-75.3% | -178M YoY-300.0% | 89.0M YoY+1088.9% | |
| Net change in cash | -4.40B YoY-295.7% | 2.25B YoY-71.0% | 7.73B YoY+2247.8% | -360M YoY-171.7% | 502M YoY+115.1% | -3.32B YoY-314.0% | |
| Interest paid | 1.86B YoY-2.5% | 1.91B YoY+8.2% | 1.77B YoY+89.3% | 933M YoY-0.9% | 941M YoY+11.9% | 841M YoY-9.1% | |
| Income taxes paid | 6.54B YoY-2.6% | 6.71B YoY-21.7% | 8.57B YoY+64.2% | 5.22B YoY+9.5% | 4.77B YoY+3.2% | 4.62B YoY+10.2% | |
| Valuation Ratios | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | as ofJan 3 ’21 | |
| Market cap | 500B YoY+43.2% | 349B YoY-7.4% | 377B YoY-18.3% | 462B YoY+2.6% | 450B YoY+8.7% | 414B YoY+8.0% | |
| P/E | 19.9× YoY-16.3% | 23.8× YoY+102.1% | 11.8× YoY-51.5% | 24.2× YoY-3.7% | 25.2× YoY+3.3% | 24.4× YoY-10.3% | |
| P/S | 5.4× YoY+36.3% | 4.0× YoY-18.2% | 4.9× YoY-26.8% | 6.7× YoY+35.1% | 4.9× YoY-3.9% | 5.1× YoY+8.9% | |
| P/B | 6.3× YoY+26.7% | 5.0× YoY-13.0% | 5.7× YoY-8.1% | 6.2× YoY-2.8% | 6.4× YoY-0.3% | 6.4× YoY-2.7% | |
| P/FCF | 25.5× YoY+51.6% | 16.8× YoY-35.0% | 25.9× YoY-1.1% | 26.2× YoY+30.6% | 20.0× YoY-11.4% | 22.6× YoY+16.0% | |
| Earnings yield | 5.0% YoY+19.5% | 4.2% YoY-50.5% | 8.5% YoY+106.1% | 4.1% YoY+3.9% | 4.0% YoY-3.1% | 4.1% YoY+11.4% | |
| FCF yield | 3.9% YoY-34.0% | 5.9% YoY+53.8% | 3.9% YoY+1.1% | 3.8% YoY-23.4% | 5.0% YoY+12.9% | 4.4% YoY-13.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: JNJ's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all JNJ filings on SEC EDGAR → Not investment advice.