Johnson & Johnson
XBER:JNJ

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Johnson & Johnson Logo
Johnson & Johnson
XBER:JNJ
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Price: 175.76 EUR Market Closed
Market Cap: €423.6B

Operating Margin

34.8%
Current
Improving
by 6.5%
vs 3-y average of 28.3%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
34.8%
=
Operating Income
$32.8B
/
Revenue
$94.2B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
34.8%
=
Operating Income
€32.8B
/
Revenue
$94.2B

Peer Comparison

Country Company Market Cap Operating
Margin
US
Johnson & Johnson
NYSE:JNJ
560.6B USD
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US
Eli Lilly and Co
NYSE:LLY
1T USD
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CH
Roche Holding AG
SIX:ROG
287.9B CHF
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UK
AstraZeneca PLC
LSE:AZN
215.3B GBP
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US
Merck & Co Inc
NYSE:MRK
296.3B USD
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CH
Novartis AG
SIX:NOVN
229.6B CHF
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US
Abbott Laboratories
NYSE:ABT
188.2B USD
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US
Pfizer Inc
NYSE:PFE
148.6B USD
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FR
Sanofi SA
PAR:SAN
98.2B EUR
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US
Bristol-Myers Squibb Co
NYSE:BMY
115.4B USD
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UK
GSK plc
XETRA:GS71
92.9B EUR
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Market Distribution

Higher than 92% of companies in the United States of America
Percentile
92nd
Based on 14 112 companies
92nd percentile
34.8%
Low
-4 087 900% — -5.1%
Typical Range
-5.1% — 14.8%
High
14.8% — 1 032 600%
Distribution Statistics
the United States of America
Min -4 087 900%
30th Percentile -5.1%
Median 6%
70th Percentile 14.8%
Max 1 032 600%

Johnson & Johnson
Glance View

Founded in 1886, Johnson & Johnson began its journey with a commitment to revolutionizing healthcare, starting with the sterile surgical dressings it produced to reduce infections in hospitals. Over the decades, this vision expanded into a global healthcare powerhouse, intricate in its operation yet unified in its mission to improve lives. Johnson & Johnson's business model is built on three core segments: pharmaceuticals, medical devices, and consumer health products. Each segment harnesses the synergy of innovation, research, and a deep understanding of customer needs. The pharmaceutical division, one of its most robust, thrives on producing treatments for various medical conditions, including immunology, oncology, and neuroscience. It is in this domain that cutting-edge research and development efforts translate into high-margin therapies, driving substantial portions of the company's revenue. Beyond pharmaceuticals, the medical devices segment forms a pillar of Johnson & Johnson's operations, offering a spectrum of products essential for surgeries, orthopedics, and vision care. These devices are integral for modern healthcare practices, with their premium positioning contributing significantly to the company’s financial health. Meanwhile, Johnson & Johnson's consumer health division addresses everyday wellness needs, with iconic brands like Band-Aid, Tylenol, and Neutrogena. This segment leverages global brand recognition and trust to generate steady, albeit lower-margin, income streams. Together, these segments compose a diversified revenue platform, buffered against sector-specific downturns and positioning Johnson & Johnson as a formidable entity in global healthcare markets.

JNJ Intrinsic Value
140.53 EUR
Overvaluation 20%
Intrinsic Value
Price
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
34.8%
=
Operating Income
$32.8B
/
Revenue
$94.2B
What is Johnson & Johnson's current Operating Margin?

The current Operating Margin for Johnson & Johnson is 34.8%, which is above its 3-year median of 28.3%.

How has Operating Margin changed over time?

Over the last 3 years, Johnson & Johnson’s Operating Margin has increased from 29.1% to 34.8%. During this period, it reached a low of 25.7% on Jun 29, 2025 and a high of 34.8% on Dec 28, 2025.

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