Johnson & Johnson (JNJ)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,066,000 | 35,153,000 | 17,941,000 | 20,878,000 | 14,714,000 |
| Revenue | US$ in thousands | 88,607,000 | 84,021,000 | 79,428,000 | 93,356,000 | 82,174,000 |
| Net profit margin | 15.87% | 41.84% | 22.59% | 22.36% | 17.91% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $14,066,000K ÷ $88,607,000K
= 15.87%
The net profit margin of Johnson & Johnson has shown fluctuations over the past five years. In December 2020, the net profit margin was reported at 17.91%, which then increased to 22.36% by December 2021 and further to 22.59% by December 2022. The net profit margin saw a significant jump to 41.84% by December 2023 before dropping to 15.87% by December 2024.
These fluctuations may indicate changing profitability trends within the company. The substantial increase in net profit margin observed in December 2023 could suggest strong financial performance and effective cost management during that period. However, the subsequent decline in December 2024 may raise concerns regarding factors impacting profitability, such as changes in revenue, expenses, or other external factors affecting the business operations.
It would be essential for stakeholders to further investigate the drivers behind these fluctuations in the net profit margin to assess the overall financial health and sustainability of Johnson & Johnson.
Peer comparison
Dec 31, 2024