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Operating Margin for Johnson & Johnson (JNJ)

As of · Reported

Metric

TTM

26.4%

YoY change

+2.24pp

Trough year (1985)

13.1%

Peak year (2016)

29.1%

Operating Margin history chart for Johnson & Johnson (JNJ) from 1985 to 2025

Latest: 27.2%

Operating Margin change chart for Johnson & Johnson (JNJ) from 1985 to 2025

Latest: +2.24pp

Operating Margin history table for Johnson & Johnson (JNJ) from 1985 to 2025

  • 202527.2%+2.24pp
  • 202424.9%-2.55pp
  • 202327.5%+1.22pp
  • 202226.3%-0.33pp
  • 202126.6%+2.70pp
  • 202023.9%-1.66pp
  • 201925.6%-0.40pp
  • 201826.0%+1.24pp
  • 201724.7%-4.34pp
  • 201629.1%+2.96pp
  • 201526.1%-2.34pp
  • 201428.4%+1.85pp
  • 201326.6%+1.25pp
  • 201225.3%+0.50pp
  • 201124.8%-2.00pp
  • 201026.8%-0.09pp
  • 200926.9%+1.56pp
  • 200825.4%+0.46pp
  • 200724.9%-0.81pp
  • 200625.7%+0.31pp
  • 200525.4%-0.70pp
  • 200426.1%+0.13pp
  • 200326.0%-0.69pp
  • 200226.7%+2.26pp
  • 200124.4%+1.72pp
  • 200022.7%+1.31pp
  • 199921.4%+0.42pp
  • 199821.0%+0.53pp
  • 199720.4%+0.52pp
  • 199619.9%+1.27pp
  • 199518.6%+0.79pp
  • 199417.8%+0.91pp
  • 199316.9%+0.38pp
  • 199216.6%-0.83pp
  • 199117.4%-0.35pp
  • 199017.7%+0.71pp
  • 198917.0%+1.42pp
  • 198815.6%+0.51pp
  • 198715.1%+1.04pp
  • 198614.0%+0.96pp
  • 198513.1%—

Operating Margin values are taken from Johnson & Johnson's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Johnson & Johnson (JNJ)

According to Johnson & Johnson's latest reported financial statements, the company's latest reported operating margin is 26.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Johnson & Johnson (JNJ) operating margin totalled 27.17% – expanded 2.2 percentage points year-over-year.

29.06% stands as the all-time-high annual operating margin, posted in 2016, against a low of 13.08% during 1985.

Johnson & Johnson Operating Margin by Year

Johnson & Johnson Operating Margin 2025: 27.2%

2025's operating margin for Johnson & Johnson came in at 27.17%, expanded 2.2 percentage points from 2024.

Johnson & Johnson Operating Margin 2024: 24.9%

Johnson & Johnson posted operating margin of 24.94% in 2024, contracted 2.6 percentage points from 2023.

Johnson & Johnson Operating Margin 2023: 27.5%

In 2023, Johnson & Johnson reported operating margin of 27.49%, expanded 1.2 percentage points from 2022.

Johnson & Johnson Operating Margin 2022: 26.3%

Johnson & Johnson operating margin in 2022 was 26.27%, contracted 0.3 percentage points from 2021.

Johnson & Johnson Operating Margin 2021: 26.6%

Johnson & Johnson operating margin in 2021 was 26.60%.

See more financial history for Johnson & Johnson (JNJ).

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