JNJ Johnson & Johnson margins

Relative Growth: Rel. Growth: 48

Relative Strength: Rel. Strength: 78

Relative Valuation: Rel. Valuation: 20

Relative Profitability: Rel. Profitability: 77

Gross margin

67.6%

Operating margin

24.9%

EBITDA margin

27%

Net margin

16.2%

For the latest period, Johnson & Johnson has a gross margin of 67.6%, an operating margin of 24.9%, an EBITDA margin of 27%, and a net margin of 16.2%. The company's available margins all deteriorated, with EBITDA margin reporting the strongest contraction of 16.2 percentage points.

JNJ margin history

Gross, operating, EBITDA and net margin trends

Johnson & Johnson's margins averaged 68.4% gross, 25.03% operating, 40.53% EBITDA, and 27.28% net during the last 3 years. Compared with their three-year averages, all four current margins are lower.

JNJ margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all declined, with EBITDA margin showing the largest decrease at 16.2 percentage points.

Gross margin expansion

-0.5pp

Operating margin expansion

-0.5pp

EBITDA margin expansion

-16.2pp

Net margin expansion

-11.1pp

JNJ Gross margin

Over the last 3 years, Johnson & Johnson's gross margin averaged 68.4%. The current gross margin of 67.6% is 0.8 percentage points below its three-year average. During this period, gross margin reached a high of 69.2% in Mar 2024 and a low of 67.6% in Sep 2026.

JNJ Operating margin

The average operating margin for Johnson & Johnson was 25.03% during the last 3 years. At present, the current operating margin for Johnson & Johnson is 24.9%, 0.1 percentage points below 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 40.53% during the last 3 years. Johnson & Johnson currently reports an EBITDA margin of 27%, 13.5 percentage points below its three-year average. The EBITDA margin for Johnson & Johnson moved between 27% in Sep 2026 and 57.9% in Mar 2024.

JNJ Net margin

Johnson & Johnson's net margin averaged 27.28% during the last 3 years. Compared with its three-year average, Johnson & Johnson's current net margin is 16.2% and is 11.1 percentage points below its three-year average. Over the last 3 years, Johnson & Johnson's net margin peaked at 44.9% in Mar 2024 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 67.6% is below the Healthcare sector, the industry and its peers average. But in comparison with its Healthcare sector average of 68.3%, Johnson & Johnson's gross margin is only 1% lower.

JNJ margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Johnson & Johnson's gross margin?

For the period ending Sep 27, 2026, JNJ recorded a gross margin of 67.6%.

What is Johnson & Johnson's operating margin?

The current operating margin for JNJ is 24.9% as of Sep 27, 2026.

What is Johnson & Johnson's EBITDA margin?

As of Sep 27, 2026, JNJ has an EBITDA margin of 27%.

What is Johnson & Johnson's net margin?

For the period ending Sep 27, 2026, JNJ recorded a net margin of 16.2%.

What are the average margins of JNJ?

Johnson & Johnson's gross, operating, EBITDA, and net margins averaged 68.4% gross, 25.0% operating, 40.5% EBITDA, and 27.3% 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 67.6% gross in Sep 2026, 23.4% operating in Jul 2022, 27% EBITDA in Sep 2026, and 15.8% net in Dec 2024.