Johnson & Johnson (NYSE: JNJ) financial statements
The consolidated income statement, balance sheet and cash flow statement of Johnson & Johnson for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $199,210m in total assets and $81,544m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94,193m | $88,821m | $85,159m | $79,990m | $78,740m | $82,584m | $82,059m | $81,581m | $76,450m | $71,890m |
| Cost of sales | $30,256m | $27,471m | $26,553m | $24,596m | $23,402m | $28,427m | $27,556m | $27,091m | $25,439m | $21,789m |
| Gross profit | $63,937m | $61,350m | $58,606m | $55,394m | $55,338m | $54,157m | $54,503m | $54,490m | $51,011m | $50,101m |
| Operating profit | $33,552m | $17,442m | $15,834m | $19,635m | $19,361m | $16,698m | $17,646m | $19,004m | $18,607m | $20,529m |
| Finance costs | $971.0m | $755.0m | $772.0m | $276.0m | $183.0m | $201.0m | $318.0m | $1,005m | $934.0m | $726.0m |
| Profit before tax | $32,581m | $16,687m | $15,062m | $19,359m | $19,178m | $16,497m | $17,328m | $17,999m | $17,673m | $19,803m |
| Income tax | $5,777m | $2,621m | $1,736m | $2,989m | $1,377m | $1,783m | $2,209m | $2,702m | $16,373m | $3,263m |
| Net profit | $26,804m | $14,066m | $35,153m | $17,941m | $20,878m | $14,714m | $15,119m | $15,297m | $1,300m | $16,540m |
| Earnings per share | $11.13 | $5.84 | $13.88 | $6.83 | $7.93 | $5.59 | $5.72 | $5.70 | $0.48 | $6.04 |
| Diluted earnings per share | $11.03 | $5.79 | $13.72 | $6.73 | $7.81 | $5.51 | $5.63 | $5.61 | $0.47 | $5.93 |
| Depreciation and amortisation | $7,503m | $7,339m | $7,486m | $6,970m | $7,390m | $7,231m | $7,009m | $6,929m | $5,642m | $3,754m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $199,210m | $180,104m | $167,558m | $187,378m | $182,018m | $174,894m | $157,728m | $152,954m | $157,303m | $141,208m |
| Current assets | $55,624m | $55,893m | $53,495m | $55,294m | $60,979m | $51,237m | $45,274m | $46,033m | $43,088m | $65,032m |
| Inventories | $14,191m | $12,444m | $11,181m | $10,268m | $10,387m | $9,344m | $9,020m | $8,599m | $8,765m | $8,144m |
| Property, plant and equipment | $23,169m | $20,518m | $19,898m | $17,982m | $18,962m | $18,766m | $17,658m | $17,035m | $17,005m | $15,912m |
| Goodwill | $48,772m | $44,200m | $36,558m | $36,047m | $25,436m | $36,393m | $33,639m | $30,453m | $31,906m | $22,805m |
| Cash | $19,709m | $24,105m | $21,859m | $12,889m | $14,487m | $13,985m | $17,305m | $18,107m | $17,824m | $18,972m |
| Total liabilities | $117,666m | $108,614m | $98,784m | $110,574m | $107,995m | $111,616m | $98,257m | $93,202m | $97,143m | $70,790m |
| Current liabilities | $54,126m | $50,321m | $46,282m | $55,802m | $45,226m | $42,493m | $35,964m | $31,230m | $30,537m | $26,287m |
| Equity | $81,544m | $71,490m | $68,774m | $76,804m | $74,023m | $63,278m | $59,471m | $59,752m | $60,160m | $70,418m |
| Equity including minorities | $81,544m | $71,490m | $68,774m | $76,804m | $74,023m | $63,278m | $59,471m | $59,752m | $60,160m | $70,418m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $24,530m | $24,266m | $22,791m | $21,194m | $23,410m | $23,536m | $23,416m | $22,201m | $21,056m | $18,767m |
| Investing cash flow | −$23,588m | −$18,599m | $878.0m | −$12,371m | −$8,683m | −$20,825m | −$6,194m | −$3,167m | −$14,868m | −$4,761m |
| Financing cash flow | −$5,539m | −$3,132m | −$15,825m | −$8,871m | −$14,047m | −$6,120m | −$18,015m | −$18,510m | −$7,673m | −$8,551m |
| Capital expenditure | −$4,832m | −$4,424m | −$4,543m | −$4,009m | −$3,652m | −$3,347m | −$3,498m | −$3,670m | −$3,279m | −$3,226m |
Where each figure comes from
From the annual report (Form 10-K) that Johnson & Johnson files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Johnson & Johnson page.
Dividend per share of Johnson & Johnson by fiscal year, with the filing behind every figure: Johnson & Johnson dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.