Johnson & Johnson (JNJ)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 69.36% | 69.17% | 69.34% | 66.62% | 66.12% | 66.38% | 66.24% | 68.41% | 68.29% | 68.16% | 68.12% | 68.23% | 68.47% | 67.82% | 67.33% | 66.60% | 65.91% | 65.78% | 65.76% | 66.28% |
| Operating profit margin | 35.81% | 32.47% | 33.90% | 32.98% | 27.21% | 26.81% | 26.79% | 26.59% | 31.13% | 18.59% | 18.25% | 18.40% | 20.09% | 19.50% | 19.81% | 18.47% | 17.92% | 30.95% | 31.44% | 32.26% |
| Pretax margin | 18.87% | 20.04% | 47.71% | 47.38% | 42.54% | 43.46% | 18.93% | 18.11% | 25.15% | 23.80% | 21.41% | 22.44% | 24.40% | 21.52% | 22.69% | 20.79% | 20.08% | 23.62% | 20.29% | 23.51% |
| Net profit margin | 15.90% | 16.77% | 44.09% | 43.25% | 39.66% | 39.72% | 15.19% | 15.01% | 20.56% | 20.86% | 19.29% | 20.98% | 22.36% | 19.64% | 20.02% | 18.04% | 17.91% | 21.04% | 18.89% | 20.79% |
Johnson & Johnson's profitability ratios have shown fluctuation over the years. The gross profit margin has been steadily increasing from around 65% in 2020 to over 69% by the end of 2024, indicating an improvement in the company's ability to generate profits from its core operations.
On the other hand, the operating profit margin experienced some volatility, with a significant drop in late 2020 followed by a steady increase, reaching over 35% by the end of 2024. This suggests that Johnson & Johnson has been able to control its operating expenses more effectively in recent years.
The pretax margin had fluctuations as well, with a notable spike in late 2023. This may indicate changes in the company's tax planning strategies or other one-time factors impacting pre-tax profitability.
The net profit margin also showed variability, with a dip in profitability in early 2023 followed by a sharp increase in late 2023 and continuing to improve through 2024. This could be attributed to changes in revenue, costs, or efficiency improvements in the business.
Overall, while there have been ups and downs in Johnson & Johnson's profitability ratios, the general trend has been positive, indicating growth and improved efficiency in generating profits.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 17.59% | 15.95% | 16.14% | 17.06% | 14.39% | 14.08% | 12.02% | 11.50% | 14.50% | 9.75% | 9.78% | 9.75% | 10.31% | 9.91% | 9.96% | 8.96% | 8.42% | 14.64% | 15.96% | 17.18% |
| Return on assets (ROA) | 7.81% | 8.24% | 20.99% | 22.37% | 20.98% | 20.85% | 6.81% | 6.49% | 9.57% | 10.94% | 10.33% | 11.12% | 11.47% | 9.98% | 10.07% | 8.76% | 8.41% | 9.95% | 9.59% | 11.07% |
| Return on total capital | 30.27% | 17.71% | 39.99% | 45.21% | 40.79% | 39.90% | 15.65% | 14.96% | 21.44% | 21.54% | 19.60% | 20.61% | 22.07% | 19.72% | 20.40% | 18.37% | 17.41% | 19.83% | 18.76% | 22.67% |
| Return on equity (ROE) | 19.68% | 20.93% | 53.14% | 54.95% | 51.11% | 48.61% | 17.37% | 17.95% | 23.36% | 25.68% | 24.05% | 26.54% | 28.20% | 25.44% | 25.53% | 22.96% | 23.25% | 26.35% | 24.11% | 28.01% |
Johnson & Johnson's profitability ratios show fluctuations over the reported periods.
1. Operating return on assets (Operating ROA) has ranged from 8.42% in December 2020 to a peak of 17.59% in December 2024. The ratio has shown an upward trend from 2020 to 2024, although there were some variations within this period.
2. Return on assets (ROA) also demonstrates variability, with a low of 6.49% in March 2023 and a high of 22.37% in March 2024. This ratio experienced a significant increase from 2023 to 2024 after a period of decline.
3. Return on total capital ranged from 17.41% in December 2020 to 45.21% in March 2024. This ratio shows notable fluctuations across the years but generally increased from 2020 to 2024.
4. Return on equity (ROE) varied from 17.37% in June 2023 to its peak of 54.95% in March 2024. The ratio has displayed significant volatility but generally increased over time.
Overall, Johnson & Johnson's profitability ratios reflect a mix of fluctuations and trends, indicating varying levels of operational efficiency and financial performance during the analyzed periods.