Johnson & Johnson (JNJ)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 31,490,000 | 30,427,000 | 29,474,000 | 17,754,000 | 14,490,000 |
| Revenue | US$ in thousands | 88,607,000 | 84,021,000 | 79,428,000 | 93,356,000 | 82,174,000 |
| Operating profit margin | 35.54% | 36.21% | 37.11% | 19.02% | 17.63% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $31,490,000K ÷ $88,607,000K
= 35.54%
The operating profit margin of Johnson & Johnson has shown a positive trend over the years, reflecting the company's ability to generate profits from its core operations.
From December 31, 2020, with an operating profit margin of 17.63%, the company improved its efficiency in managing operating costs and grew its profitability to reach 19.02% by December 31, 2021.
The most significant jump occurred from December 31, 2021, to December 31, 2022, where the operating profit margin surged to 37.11%. This substantial increase could indicate strong revenue growth, effective cost management, or a combination of both.
Johnson & Johnson maintained a relatively high operating profit margin in the subsequent years, with figures of 36.21% as of December 31, 2023, and 35.54% as of December 31, 2024. These margins suggest that the company continues to efficiently convert its revenue into operating profit.
Overall, the consistent improvement and maintenance of the operating profit margin demonstrate Johnson & Johnson's operational strength and ability to generate profits effectively across the years covered.
Peer comparison
Dec 31, 2024