Johnson Historical Income Statement

JNJ Stock  USD 159.86  0.75  0.47%   
Historical analysis of Johnson Johnson income statement accounts such as Total Revenue of 49.3 B or Gross Profit of 34.3 B can show how well Johnson Johnson performed in making a profits. Evaluating Johnson Johnson income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Johnson Johnson's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Johnson Johnson latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Johnson Johnson is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.

About Johnson Income Statement Analysis

Johnson Johnson Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Johnson Johnson shareholders. The income statement also shows Johnson investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Johnson Johnson Income Statement Chart

At this time, Johnson Johnson's Income Tax Expense is relatively stable compared to the past year. Net Income From Continuing Ops is expected to hike to about 14.8 B this year, although the value of Other Operating Expenses will most likely fall to nearly 36.9 B.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Johnson Johnson generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Johnson Johnson minus its cost of goods sold. It is profit before Johnson Johnson operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Johnson Johnson. It is also known as Johnson Johnson overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Johnson Johnson operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Johnson Johnson is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Johnson Johnson income statement and is an important metric when analyzing Johnson Johnson profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Johnson Johnson's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Johnson Johnson current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.At this time, Johnson Johnson's Income Tax Expense is relatively stable compared to the past year. Net Income From Continuing Ops is expected to hike to about 14.8 B this year, although the value of Other Operating Expenses will most likely fall to nearly 36.9 B.
 2021 2022 2023 2024 (projected)
Gross Profit55.3B55.4B58.4B34.3B
Total Revenue78.7B80.0B85.2B49.3B

Johnson Johnson income statement Correlations

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0.390.230.240.230.190.170.460.210.250.14-0.540.560.320.330.19-0.38-0.230.130.040.680.230.340.810.230.14
0.670.231.01.00.930.890.730.990.990.89-0.220.30.210.910.86-0.670.12-0.04-0.30.06-0.020.12-0.080.310.37
0.660.241.00.990.940.910.750.970.990.9-0.210.330.190.910.86-0.670.16-0.04-0.270.07-0.040.13-0.060.30.36
0.680.231.00.990.910.870.720.991.00.86-0.250.290.210.920.86-0.660.09-0.02-0.320.07-0.010.12-0.070.330.39
0.690.190.930.940.910.930.780.890.920.83-0.290.42-0.010.820.89-0.580.330.14-0.310.12-0.240.290.020.440.52
0.60.170.890.910.870.930.810.810.90.82-0.240.450.030.810.88-0.560.29-0.02-0.260.18-0.190.290.010.350.38
0.880.460.730.750.720.780.810.670.750.64-0.570.770.010.790.83-0.690.310.1-0.320.44-0.20.650.390.690.66
0.670.210.990.970.990.890.810.670.980.83-0.240.230.230.90.83-0.650.06-0.02-0.350.030.010.09-0.10.320.4
0.680.250.990.991.00.920.90.750.980.87-0.250.340.20.930.87-0.660.11-0.02-0.30.1-0.030.15-0.050.340.38
0.490.140.890.90.860.830.820.640.830.870.130.220.270.750.71-0.70.26-0.220.04-0.160.03-0.06-0.210.110.18
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0.660.560.30.330.290.420.450.770.230.340.22-0.69-0.370.430.5-0.520.510.21-0.160.78-0.50.850.730.720.62
0.050.320.210.190.21-0.010.030.010.230.20.270.25-0.370.130.08-0.18-0.78-0.210.28-0.140.96-0.35-0.06-0.31-0.31
0.680.330.910.910.920.820.810.790.90.930.75-0.410.430.130.75-0.560.09-0.14-0.460.15-0.080.220.050.360.38
0.840.190.860.860.860.890.880.830.830.870.71-0.360.50.080.75-0.640.230.24-0.250.3-0.130.460.090.650.68
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0.22-0.230.120.160.090.330.290.310.060.110.26-0.030.51-0.780.090.23-0.260.060.00.03-0.870.35-0.010.410.43
0.320.13-0.04-0.04-0.020.14-0.020.1-0.02-0.02-0.22-0.340.21-0.21-0.140.24-0.080.06-0.020.3-0.20.360.330.490.53
-0.350.04-0.3-0.27-0.32-0.31-0.26-0.32-0.35-0.30.040.69-0.160.28-0.46-0.25-0.020.0-0.02-0.090.28-0.3-0.03-0.34-0.37
0.410.680.060.070.070.120.180.440.030.1-0.16-0.730.78-0.140.150.3-0.240.030.3-0.09-0.180.770.880.530.4
-0.140.23-0.02-0.04-0.01-0.24-0.19-0.20.01-0.030.030.29-0.50.96-0.08-0.130.01-0.87-0.20.28-0.18-0.43-0.08-0.43-0.44
0.650.340.120.130.120.290.290.650.090.15-0.06-0.760.85-0.350.220.46-0.330.350.36-0.30.77-0.430.710.810.74
0.350.81-0.08-0.06-0.070.020.010.39-0.1-0.05-0.21-0.70.73-0.060.050.09-0.22-0.010.33-0.030.88-0.080.710.440.34
0.870.230.310.30.330.440.350.690.320.340.11-0.680.72-0.310.360.65-0.410.410.49-0.340.53-0.430.810.440.98
0.870.140.370.360.390.520.380.660.40.380.18-0.610.62-0.310.380.68-0.410.430.53-0.370.4-0.440.740.340.98
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Johnson Johnson Account Relationship Matchups

Johnson Johnson income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization7.0B7.2B7.4B7.0B7.5B7.9B
Interest Expense318M201M183M276M1.2B1.3B
Total Revenue82.1B82.6B78.7B80.0B85.2B49.3B
Gross Profit54.5B54.2B55.3B55.4B58.4B34.3B
Other Operating Expenses61.1B62.9B57.8B57.8B63.3B36.9B
Operating Income21.0B16.9B20.5B23.2B21.9B11.7B
Ebit15.1B16.9B20.5B23.2B21.9B11.4B
Ebitda22.1B24.2B27.9B30.2B29.3B30.8B
Cost Of Revenue27.6B28.4B23.4B24.6B26.7B15.0B
Total Operating Expenses33.5B34.4B34.4B33.2B36.6B21.9B
Income Before Tax17.3B16.5B19.2B19.4B15.1B11.3B
Total Other Income Expense Net(3.7B)(3.3B)(1.6B)(2.2B)(6.8B)(6.5B)
Net Income15.1B14.7B20.9B17.9B35.2B36.9B
Income Tax Expense2.2B1.8B1.4B3.0B1.7B2.6B
Selling General Administrative20.0B22.1B20.1B19.0B21.0B18.5B
Research Development11.4B12.3B14.3B14.1B15.0B8.0B
Net Income Applicable To Common Shares15.1B14.7B20.9B17.9B20.6B13.0B
Net Income From Continuing Ops15.1B14.7B17.8B16.4B13.3B14.8B
Non Recurring1.2B428M1.2B1.1B1.3B909.6M
Non Operating Income Net Other(2.2B)(2.8B)(436M)(1.4B)(1.2B)(1.2B)
Tax Provision2.2B1.8B1.4B3.0B1.7B3.2B
Net Interest Income39M(90M)(130M)214M489M513.5M
Interest Income357M111M53M490M1.3B1.3B
Reconciled Depreciation7.0B7.2B7.4B7.0B7.5B7.6B

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When determining whether Johnson Johnson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Johnson Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Johnson Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Johnson Johnson. If investors know Johnson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Johnson Johnson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Dividend Share
4.86
Earnings Share
6.05
Revenue Per Share
36.428
Quarterly Revenue Growth
0.052
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Johnson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.