Johnson & Johnson (JNJ) Ratios
Johnson & Johnson Ratios
MX:JNJ's free cash flow for Q3 2026 was $6.36B. For the 2026 fiscal year, MX:JNJ's free cash flow was decreased by $-1.36B and operating cash flow was $7.72B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.03 | 1.11 | 1.16 | 0.99 | 1.35 |
| Quick Ratio | 0.77 | 0.86 | 0.91 | 0.81 | 1.12 |
| Cash Ratio | 0.36 | 0.48 | 0.47 | 0.23 | 0.32 |
| Solvency Ratio | 0.29 | 0.20 | 0.43 | 0.23 | 0.26 |
| Operating Cash Flow Ratio | 0.45 | 0.48 | 0.49 | 0.38 | 0.52 |
| Short-Term Operating Cash Flow Coverage | 2.89 | 4.06 | 6.60 | 1.66 | 6.22 |
| Net Current Asset Value | $ -62.04B | $ -52.72B | $ -45.29B | $ -55.28B | $ -47.02B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.24 | 0.20 | 0.18 | 0.21 | 0.19 |
| Debt-to-Equity Ratio | 0.59 | 0.51 | 0.43 | 0.52 | 0.46 |
| Debt-to-Capital Ratio | 0.37 | 0.34 | 0.30 | 0.34 | 0.31 |
| Long-Term Debt-to-Capital Ratio | 0.33 | 0.30 | 0.27 | 0.26 | 0.29 |
| Financial Leverage Ratio | 2.44 | 2.52 | 2.44 | 2.44 | 2.46 |
| Debt Service Coverage Ratio | 3.73 | 3.29 | 5.11 | 1.81 | 6.43 |
| Interest Coverage Ratio | 26.36 | 29.34 | 30.32 | 76.13 | 114.44 |
| Debt to Market Cap | 0.10 | 0.11 | 0.07 | 0.09 | 0.07 |
| Interest Debt Per Share | 20.14 | 15.53 | 11.88 | 15.27 | 12.91 |
| Net Debt to EBITDA | 0.69 | 0.51 | 0.32 | 1.01 | 0.72 |
| Profitability Margins | |||||
| Gross Profit Margin | 67.88% | 69.07% | 68.82% | 69.25% | 70.28% |
| EBIT Margin | 35.62% | 19.64% | 18.59% | 24.55% | 24.59% |
| EBITDA Margin | 43.59% | 27.90% | 27.38% | 33.26% | 33.97% |
| Operating Profit Margin | 27.17% | 24.94% | 27.49% | 26.27% | 26.60% |
| Pretax Profit Margin | 34.59% | 18.79% | 17.69% | 24.20% | 24.36% |
| Net Profit Margin | 28.46% | 15.84% | 41.28% | 22.43% | 26.52% |
| Continuous Operations Profit Margin | 28.46% | 15.84% | 15.65% | 20.47% | 22.61% |
| Net Income Per EBT | 82.27% | 84.29% | 233.39% | 92.68% | 108.86% |
| EBT Per EBIT | 127.29% | 75.34% | 64.34% | 92.13% | 91.57% |
| Return on Assets (ROA) | 13.46% | 7.81% | 20.98% | 9.57% | 11.47% |
| Return on Equity (ROE) | 32.87% | 19.68% | 51.11% | 23.36% | 28.20% |
| Return on Capital Employed (ROCE) | 17.64% | 17.07% | 19.30% | 15.97% | 15.31% |
| Return on Invested Capital (ROIC) | 13.71% | 13.75% | 16.61% | 12.31% | 13.83% |
| Return on Tangible Assets | 26.79% | 14.31% | 36.31% | 15.90% | 20.80% |
| Earnings Yield | 5.32% | 4.08% | 8.85% | 3.89% | 4.64% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.48 | 4.69 | 5.73 | 4.73 | 4.15 |
| Payables Turnover | 2.52 | 2.66 | 2.76 | 2.49 | 2.12 |
| Inventory Turnover | 2.13 | 2.21 | 2.37 | 2.40 | 2.25 |
| Fixed Asset Turnover | 4.07 | 4.33 | 4.28 | 4.45 | 4.15 |
| Asset Turnover | 0.47 | 0.49 | 0.51 | 0.43 | 0.43 |
| Working Capital Turnover Ratio | 26.65 | 13.89 | 25.40 | 10.49 | 6.43 |
| Cash Conversion Cycle | 93.11 | 106.12 | 85.04 | 82.81 | 77.58 |
| Days of Sales Outstanding | 66.57 | 77.78 | 63.75 | 77.18 | 88.00 |
| Days of Inventory Outstanding | 171.20 | 165.34 | 153.70 | 152.38 | 162.01 |
| Days of Payables Outstanding | 144.66 | 137.00 | 132.40 | 146.75 | 172.42 |
| Operating Cycle | 237.76 | 243.12 | 217.44 | 229.56 | 250.01 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 10.10 | 10.08 | 9.00 | 8.11 | 8.90 |
| Free Cash Flow Per Share | 8.11 | 8.24 | 7.20 | 6.58 | 7.52 |
| Dividend Paid and CapEx Coverage Ratio | 1.43 | 1.49 | 1.40 | 1.35 | 1.59 |
| Capital Expenditure Coverage Ratio | 5.08 | 5.49 | 5.02 | 5.29 | 6.41 |
| Operating Cash Flow Coverage Ratio | 0.51 | 0.66 | 0.78 | 0.53 | 0.69 |
| Operating Cash Flow to Sales Ratio | 0.26 | 0.27 | 0.27 | 0.26 | 0.30 |
| Free Cash Flow Yield | 3.91% | 5.75% | 4.60% | 3.72% | 4.39% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 18.82 | 24.54 | 11.30 | 25.73 | 21.60 |
| Price-to-Sales (P/S) Ratio | 5.35 | 3.88 | 4.66 | 5.77 | 5.73 |
| Price-to-Book (P/B) Ratio | 6.18 | 4.83 | 5.77 | 6.01 | 6.09 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 25.59 | 17.39 | 21.76 | 26.87 | 22.82 |
| Price-to-Operating Cash Flow Ratio | 20.55 | 14.22 | 17.42 | 21.78 | 19.26 |
| Price-to-Earnings Growth (PEG) Ratio | 0.21 | -0.42 | 0.11 | -1.86 | 0.52 |
| Enterprise Value Multiple | 12.97 | 14.43 | 17.35 | 18.36 | 17.58 |
| Enterprise Value | 532.30B | 357.59B | 404.57B | 488.44B | 469.00B |
| EV to EBITDA | 12.97 | 14.43 | 17.35 | 18.36 | 17.53 |
| EV to Sales | 5.65 | 4.03 | 4.75 | 6.11 | 5.96 |
| EV to Free Cash Flow | 27.02 | 18.02 | 22.17 | 28.42 | 23.74 |
| EV to Operating Cash Flow | 21.70 | 14.74 | 17.75 | 23.05 | 20.03 |
| Tangible Book Value Per Share | -7.26 | -4.29 | -0.77 | 0.87 | -2.90 |
| Shareholders’ Equity Per Share | 33.58 | 29.70 | 27.15 | 29.39 | 28.16 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.18 | 0.16 | 0.12 | 0.15 | 0.07 |
| Revenue Per Share | 38.78 | 36.90 | 33.61 | 30.61 | 29.95 |
| Net Income Per Share | 11.04 | 5.84 | 13.88 | 6.86 | 7.94 |
| Tax Burden | 0.82 | 0.84 | 2.33 | 0.93 | 1.09 |
| Interest Burden | 0.97 | 0.96 | 0.95 | 0.99 | 0.99 |
| Research & Development to Revenue | 0.16 | 0.19 | 0.18 | 0.18 | 0.18 |
| SG&A to Revenue | 0.25 | 0.25 | 0.24 | 0.25 | 0.26 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 0.92 | 1.73 | 1.71 | 1.18 | 1.12 |
Currency in USD
