← JOHNSON & JOHNSON

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $18.1b $76.5b $81.6b $82.1b $82.6b $93.8b $94.9b $85.2b $88.8b $94.2b
Cost of Revenue $5.9b $25.4b $27.1b $27.6b $28.4b $29.9b $30.9b $26.6b $27.5b $30.3b
Gross Profit $48.5b $51.1b $54.5b $54.5b $54.2b $63.9b $63.9b $58.6b $61.4b $63.9b
In-process research and development impairments — — — — — — — $313.0m $211.0m $81.0m
Operating expenses:
Operating Income (Loss) — — — — — — — — — —
Additional Financial Items
Amortization of Intangible Assets — $3.0b $4.4b $4.5b $4.7b $4.7b — $4.5b $4.5b $4.6b
Foreign Currency Transaction Gain (Loss), before Tax — ($216.0m) ($265.0m) ($267.0m) ($209.0m) ($236.0m) — ($366.0m) ($214.0m) ($254.0m)
Gain (Loss) Related to Litigation Settlement — — — — — — — $100.0m — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — $4.9b $5.6b $3.5b $4.3b $6.1b — ($2.0b) ($458.0m) $15.3b
Income (Loss) from Continuing Operations, Per Basic Share — — — — — — — $5 $6 $11
Income (Loss) from Continuing Operations, Per Diluted Share — — — — — — — $5 $6 $11
Sales to customers $70.1b $71.9b $81.6b $82.1b — $82.6b $93.8b $94.9b $88.8b $94.2b
Interest income ($128.0m) ($368.0m) ($611.0m) ($357.0m) — ($111.0m) ($53.0m) ($490.0m) ($1.3b) ($1.1b)
Restructuring $509.0m $491.0m $251.0m $266.0m — $247.0m $252.0m $321.0m $234.0m $228.0m
Earnings before provision for taxes on income $19.2b $19.8b $18.0b $17.3b — $16.5b $22.8b $21.7b $16.7b $32.6b
Effective Rate $3.8b $3.3b $2.7b $2.2b — $1.8b $1.9b $3.8b $2.6b $5.8b
Net earnings from continuing operations — — — — — — — $13.3b $14.1b $26.8b
Net earnings from discontinued operations — — — — — — — $21.8b $0 $0
Net earnings $15.4b $16.5b $15.3b $15.1b — $14.7b $20.9b $17.9b $14.1b $26.8b
Basic (in shares) $2.8b $2.7b $2.7b $2.6b — $2.6b $2.6b $2.6b $2.4b $2.4b
Diluted (in shares) $2.8b $2.8b $2.7b $2.7b — $2.7b $2.7b $2.7b $2.4b $2.4b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — $22.8b — $15.1b $16.7b $32.6b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — $13.3b $14.1b $26.8b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — $21.8b $0 $0
Net Income (Loss) Attributable to Parent — $1.3b $15.3b $15.1b $14.7b $20.9b — $35.2b $14.1b $26.8b
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — — — — —
Earnings Per Share, Basic $2.95 $0.48 $5.70 $5.72 $5.59 $7.93 $7.93 $13.88 $5.84 $11.13
Earnings Per Share, Diluted $5.48 $0.47 $5.61 $5.63 $5.51 $7.81 $7.81 $13.72 $5.79 $11.03
Basic net earnings per share from continuing operations (in dollars per share) — — — — — — — $5 $6 $11
Basic net earnings per share from discontinued operations (in dollars per share) — — — — — — — $9 $0 $0
Diluted net earnings per share from continuing operations (in dollars per share) — — — — — — — $5 $6 $11
Diluted net earnings per share from discontinuing operations (in dollars per share) — — — — — — — $9 $0 $0
Weighted Average Number of Shares Outstanding, Basic — 2.7b 2.7b 2.6b 2.6b 2.6b — 2.5b 2.4b 2.4b
Weighted Average Number of Shares Outstanding, Diluted — 2.7b 2.7b 2.7b 2.7b 2.7b — 2.6b 2.4b 2.4b
Research and Development Expense $9.0b $9.1b $10.8b $11.4b — $12.2b $14.7b $483.0m $1.8b $109.0m
Selling, General and Administrative Expense — $21.4b $22.5b $22.2b $22.1b $24.7b — $21.5b $22.9b $23.7b
Other Nonoperating Income (Expense) — ($183.0m) ($1.4b) ($2.5b) ($2.9b) ($489.0m) — ($6.6b) ($4.7b) $7.2b
Cost of products sold $21.5b $21.7b $27.1b $27.6b — $28.4b $29.9b $31.1b $27.5b $30.3b
Selling, marketing and administrative expenses $21.2b $19.9b $22.5b $22.2b — $22.1b $24.7b $24.8b $22.9b $23.7b
Other (income) expense, net ($2.1b) $484.0m $1.4b $2.5b — $2.9b $489.0m $1.9b $4.7b ($7.2b)
Interest Expense (non-operating) — — — — — — — — $755.0m $971.0m
Interest Expense — $934.0m $1.0b $318.0m $201.0m $183.0m — $772.0m — —
Interest expense, net of portion capitalized $552.0m $726.0m $1.0b $318.0m — $201.0m $183.0m $276.0m $755.0m $971.0m
Current Income Tax Expense (Benefit) — $14.0b $3.7b $4.7b $2.9b $4.0b — $5.8b $4.8b $4.2b
Income Tax Expense (Benefit) — $16.4b $2.7b $2.2b $1.8b $1.9b — $1.7b $2.6b $5.8b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.