Stocks · Healthcare · Drug Manufacturers - General

Johnson & Johnson JNJ

$256.03 -1.02% Close, Oct 2, 2026 · NYSE · Market cap $617.01B

High qualityLow risk

Next earnings report: Oct 13, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The shares trade at 29.7× trailing earnings, higher than 86% of the company's own readings over the past five years.
  2. The stock is in an uptrend: above its 200-day average for 307 trading days, with the 50-day average above the 200-day.
  3. Revenue over the last four quarters was $97.93B, up 8.1% from a year earlier.

PromtFinance scores

Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth43Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 48%
  • EPS growth (TTM, YoY)Bottom 40%
  • FCF growth (TTM, YoY)Top 46%
  • Revenue growth, 3-year CAGRBottom 39%
  • Revenue growth accelerationTop 43%
Quality83Strong

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 9%
  • Gross marginTop 46%
  • Operating marginTop 9%
  • Cash conversion (OCF / net income)Bottom 26%
  • Accruals (lower is better)Bottom 20%
  • Net debt / EBITDA (lower is better)Top 45%
  • Interest coverTop 7%
Value64Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 16%
  • Free-cash-flow yieldTop 26%
  • EBITDA / enterprise valueTop 22%
  • Sales / enterprise valueBottom 41%
  • P/E vs own 5-year history (lower is better)Bottom 15%
Momentum69Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 35%
  • 6-month returnBottom 48%
  • 1-year return vs S&P 500Top 31%
  • Distance from 52-week highTop 14%
  • Trend checklist (0–4)Top 39%
Revisions18Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 44%
  • Consecutive EPS beatsTop 35%
  • Share of analysts rating BuyBottom 18%
  • Upside to consensus price targetBottom 20%
Stability99Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 1%
  • Maximum drawdown, 3 yearsTop 1%
  • Beta vs S&P 500 (lower is better)Top 3%
  • Net debt / EBITDA (lower is better)Top 45%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)7.9%8.1%↑
EPS growth (YoY)-3.8%-7.7%↓
Gross margin67.9%67.9%↓
Operating margin24.5%26.8%↑
FCF margin18.1%19.1%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)8.1%7.9%↑Bottom 48%
EPS growth (TTM, YoY)-7.7%-3.8%↓Bottom 40%
Gross margin67.9%67.9%↓Top 46%
Operating margin26.8%24.5%↑Top 9%
Net margin21.5%25.0%↓—
Free-cash-flow margin19.1%18.1%↑—
Return on invested capital13.9%—Top 9%
Revenue growth, 3-year CAGR5.6%—Bottom 39%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.13×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-1.3%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-1.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
0.85×
Interest cover (operating income / interest)How many times operating profit covers interest.
25.9×

Shareholder returns

Dividend yield (dividends paid, TTM)
2.05%
Net buyback yield (TTM)
0.85%
Shareholder yield
2.89%
Share count change, 1 year
+0.9%
Share count change, 3-year CAGR
-2.4%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 28, 2026 (filed Jul 23, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+1.1%
Average 2-day reaction, last 8
+0.4%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$286.33
Target vs current price
+11.8%
Analysts with a rating
40
Share rating Buy or Strong Buy
53%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 15, 2026+2.1%-2.7%-1.3%+2.3%—
Apr 14, 2026+0.7%+0.9%-3.1%-6.9%+8.9%
Jan 21, 2026+0.0%-0.1%+2.9%+12.3%+7.5%
Oct 14, 2025+1.4%-0.0%+1.5%-1.3%+7.8%
Jul 16, 2025+3.4%+6.2%+8.2%+11.3%+22.2%
Apr 15, 2025+7.4%-0.5%+2.2%-3.8%+1.6%
Jan 22, 2025+2.5%-1.9%+1.5%+6.6%+3.9%
Oct 15, 2024+9.5%+1.5%+0.8%-4.1%-12.1%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 15, 2026$2.90$2.84+2.1%$25.31B
Apr 14, 2026$2.70$2.68+0.7%$24.06B
Jan 21, 2026$2.46$2.46+0.0%$24.56B
Oct 14, 2025$2.80$2.76+1.4%$23.99B
Jul 16, 2025$2.77$2.68+3.4%$23.74B
Apr 15, 2025$2.77$2.58+7.4%$21.89B
Jan 22, 2025$2.04$1.99+2.5%$22.52B
Oct 15, 2024$2.42$2.21+9.5%$22.47B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)29.7×24.0×86thTop 16%
P/E (forward)22.4×———
EV / EBITDA19.1×——Top 22%
EV / Sales6.59×——Bottom 41%
Free-cash-flow yield3.03%——Top 26%
Earnings yield3.37%——Top 16%

P/E over the past five years

Range 10.0× – 34.3× since Jul 4, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+37.6%
Earnings per share growth (TTM)
-7.7%
Change in P/E multiple
+65.7%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
307
50-day average slope (20 days)
+1.9%
200-day average slope (20 days)
+2.7%
Distance from 50-day average
-3.7%
Distance from 200-day average
+5.9%
RSI (14)
32.3
Relative volume
1.73×

Risk and drawdowns

Volatility, 60 days (annualized)
20.3%
Volatility vs own 5-year history
87th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
-0.02
Correlation with S&P 500
-0.01
Current drawdown from 1-year high
-8.0%
Maximum drawdown, 3 years
-15.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Apr 25, 2022Jan 10, 2025-23.6%681 days181 days (Oct 1, 2025)
Aug 17, 2021Nov 30, 2021-13.1%73 days83 days (Mar 30, 2022)
Mar 2, 2026May 8, 2026-11.0%48 days33 days (Jun 26, 2026)
Jan 26, 2021Mar 4, 2021-10.2%26 days54 days (May 20, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$617.01B
P/E (TTM)
29.7
EPS, diluted (TTM)
$8.63
Revenue (TTM)
$97.93B
Dividend yield
2.06%
52-week range
$182.94 – $281.07
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$78.74B$79.99B$85.16B$88.82B$94.19B
Gross profit$55.34B$55.39B$58.61B$61.35B$63.94B
Operating income$20.94B$21.01B$23.41B$22.15B$25.60B
Net income$20.88B$17.94B$35.15B$14.07B$26.80B
EPS (diluted)$7.81$6.73$13.72$5.79$11.03
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$22.47B$22.52B$21.89B$23.74B$23.99B$24.56B$24.06B$25.31B
Net income$2.69B$3.43B$11.00B$5.54B$5.15B$5.12B$5.24B$5.53B
EPS (diluted)$1.11$1.41$4.54$2.29$2.12$2.10$2.14$2.27
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$23.41B$21.19B$22.79B$24.27B$24.53B
Capital expenditure-$3.65B-$4.01B-$4.54B-$4.42B-$4.83B
Free cash flow$19.76B$17.18B$18.25B$19.84B$19.70B
Dividends paid-$11.03B-$11.68B-$11.77B-$11.82B-$12.38B
Net share buybacks-$3.46B-$6.04B-$813.0M-$2.43B-$5.95B

Cash outflows are shown as negative numbers.

Cash and short-term investments
$20.76B
Total assets
$201.06B
Total liabilities
$116.09B
Total debt
$49.04B
Net debt
$28.61B
Shareholders’ equity
$84.97B

As of Jun 28, 2026 (filed Jul 23, 2026).

Dividends

Ex-dateAmountPaid
Aug 25, 2026$1.34Sep 8, 2026
May 26, 2026$1.34Jun 9, 2026
Feb 24, 2026$1.30Mar 10, 2026
Nov 25, 2025$1.30Dec 9, 2025
Aug 26, 2025$1.30Sep 9, 2025
May 27, 2025$1.30Jun 10, 2025
Feb 18, 2025$1.24Mar 4, 2025
Nov 26, 2024$1.24Dec 10, 2024

Short interest

Shares sold short
21,188,522
Days to cover
3.65
Change vs previous report
-2.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jun 13, 2001
2-for-1
Jun 12, 1996
2-for-1
Jun 10, 1992
2-for-1
May 11, 1989
2-for-1
May 19, 1981
3-for-1