Johnson & Johnson
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.19B | $88.82B | $85.16B | $94.94B | $93.78B | $82.58B | $82.06B | $81.58B |
| Consumer Health | $0 | $0 | $0 | $14.95B | $14.64B | $14.05B | $13.90B | $13.85B |
| Pharmaceutical / Innovative Medicine | $60.40B | $56.96B | $54.76B | $52.56B | $52.08B | $45.57B | $42.20B | $40.73B |
| Medical Devices / MedTech | $33.79B | $31.86B | $30.40B | $27.43B | $27.06B | $22.96B | $25.96B | $26.99B |
| Cost of Revenue | $30.26B | $27.47B | $26.55B | $23.40B | $28.43B | — | $27.56B | $27.09B |
| Gross Profit | $63.94B | $61.35B | $58.61B | $55.34B | $54.16B | — | $54.50B | $54.49B |
| Gross Margin | 67.9% | 69.1% | 68.8% | 58.3% | 57.8% | — | 66.4% | 66.8% |
| Operating Expenses | ||||||||
| Research & Development | $109.0M | $1.84B | $483.0M | $0 | — | — | — | — |
| SG&A Expense | $23.68B | $22.87B | $21.51B | $20.12B | $22.08B | — | $22.18B | $22.54B |
| Operating Income | $32.58B | $16.69B | $15.83B | $19.36B | $16.70B | — | $17.65B | $19.00B |
| Operating Margin | 34.6% | 18.8% | 18.6% | 20.4% | 17.8% | — | 21.5% | 23.3% |
| Interest Expense | — | — | $772.0M | $183.0M | $201.0M | — | $318.0M | $1.01B |
| Pretax Income | $32.58B | $16.69B | $15.06B | $19.18B | $16.50B | — | $17.33B | $18.00B |
| Income Tax Expense | $5.78B | $2.62B | $1.74B | $1.38B | $1.78B | — | $2.21B | $2.70B |
| Net Income | $26.80B | $14.07B | $35.15B | $20.88B | $14.71B | — | $15.12B | $15.30B |
| Net Margin | 28.5% | 15.8% | 41.3% | 22.0% | 15.7% | — | 18.4% | 18.8% |
| EPS (Basic) | $11.13 | $5.84 | $13.88 | $7.93 | $5.59 | — | $5.72 | $5.70 |
| EPS (Diluted) | $11.03 | $5.79 | $13.72 | $7.81 | $5.51 | — | $5.63 | $5.61 |
| Shares Outstanding (Basic) | 2.41B | 2.41B | 2.53B | 2.63B | 2.63B | 2.63B | 2.65B | 2.68B |
| Shares Outstanding (Diluted) | 2.43B | 2.43B | 2.56B | 2.67B | 2.67B | 2.63B | 2.68B | 2.73B |
| Dividends Per Share | $5.14 | $4.91 | $4.70 | $4.19 | $3.98 | — | $3.75 | $3.54 |