JNJ Johnson & Johnson margins

Relative Growth: Rel. Growth: 64

Relative Strength: Rel. Strength: 77

Relative Valuation: Rel. Valuation: 27

Relative Profitability: Rel. Profitability: 86

Gross margin

67.9%

Operating margin

26.5%

EBITDA margin

34.7%

Net margin

21.5%

For the latest period, Johnson & Johnson has a gross margin of 67.9%, an operating margin of 26.5%, an EBITDA margin of 34.7%, and a net margin of 21.5%. The biggest positive change was in operating margin, increasing 2.8 percentage points. The biggest negative change was in EBITDA margin, decreasing 4.6 percentage points.

JNJ margin history

Gross, operating, EBITDA and net margin trends

Johnson & Johnson's margins averaged 68.63% gross, 25.12% operating, 43.12% EBITDA, and 29.71% net during the last 3 years. Current figures show operating margin is above its three-year average, while gross, EBITDA, and net margins are below their three-year averages.

JNJ margin expansion

Year-over-year margin changes in percentage points

operating margin expanded by 2.8 percentage points, but EBITDA margin contracted by 4.6 percentage points and net margin by 3.5 percentage points.

Gross margin expansion

0pp

Operating margin expansion

2.8pp

EBITDA margin expansion

-4.6pp

Net margin expansion

-3.5pp

JNJ Gross margin

Over the last 3 years, Johnson & Johnson's gross margin averaged 68.63%. The current gross margin of 67.9% is 0.7 percentage points below its three-year average. During this period, gross margin reached a high of 70.3% in Oct 2023 and a low of 67.8% in Mar 2026.

JNJ Operating margin

The average operating margin for Johnson & Johnson was 25.12% during the last 3 years. At present, the current operating margin for Johnson & Johnson is 26.5%, 1.4 percentage points above its three-year average. The operating margin for Johnson & Johnson moved between 23.4% in Dec 2024 and 26.8% in Dec 2025.

JNJ EBITDA margin

The average EBITDA margin for Johnson & Johnson was 43.12% during the last 3 years. Johnson & Johnson currently reports an EBITDA margin of 34.7%, 8.4 percentage points below its three-year average. The EBITDA margin for Johnson & Johnson moved between 27.9% in Dec 2024 and 58% in Oct 2023.

JNJ Net margin

Johnson & Johnson's net margin averaged 29.71% during the last 3 years. Compared with its three-year average, Johnson & Johnson's current net margin is 21.5% and is 8.2 percentage points below its three-year average. Over the last 3 years, Johnson & Johnson's net margin peaked at 45.4% in Oct 2023 and reached a low of 15.8% in Dec 2024.

JNJ margin group comparison

Margins compared with peer-group, industry and sector averages

Johnson & Johnson's gross margin of 67.9% is below the Healthcare sector, the industry and its peers average. But in comparison with its Healthcare sector average of 68.5%, Johnson & Johnson's gross margin is only 0.9% lower.

JNJ margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Johnson & Johnson's gross margin?

For the period ending Jun 28, 2026, JNJ recorded a gross margin of 67.9%.

What is Johnson & Johnson's operating margin?

The current operating margin for JNJ is 26.5% as of Jun 28, 2026.

What is Johnson & Johnson's EBITDA margin?

As of Jun 28, 2026, JNJ has an EBITDA margin of 34.7%.

What is Johnson & Johnson's net margin?

For the period ending Jun 28, 2026, JNJ recorded a net margin of 21.5%.

What are the average margins of JNJ?

Johnson & Johnson's gross, operating, EBITDA, and net margins averaged 68.6% gross, 25.1% operating, 43.1% EBITDA, and 29.7% net over the last 3 years.

What are the highest historical margins of JNJ?

In the last 5 years, the highest margins reported by JNJ were 70.3% gross in Oct 2023, 26.8% operating in Dec 2025, 58% EBITDA in Oct 2023, and 45.4% net in Oct 2023.

What are the lowest historical margins of JNJ?

Over the last 5 years, Johnson & Johnson's lowest margins were 67.5% gross in Oct 2021, 23.4% operating in Jul 2022, 27.9% EBITDA in Dec 2024, and 15.8% net in Dec 2024.