JNJ

Johnson & Johnson
D

JNJ

Arincen70/100B

Johnson & Johnson free cash flow 1989–2026

Johnson & Johnson's free cash flow in Q3 FY2026, the three months to 27 September 2026, was 6.36B USD, down 20.6% on the same quarter a year before. Johnson & Johnson's free cash flow over the last twelve months was 20.59B USD, up 5.1% on the twelve months before. In fiscal year 2025 it was 19.70B USD, down 0.7% on the year before.

Last updated 7 Nov 2026 · Next report 26 Jan 2027

Free cash flow

Free cash flow · +2.2% a year over 10 yearsFree cash flow margin

Growth

Fiscal yearPeriod endingFree cash flowGrowthFree cash flow marginOperating cash flowCapital expenditureFree cash flow per share
TTM27 Sept 202620.59B+5.07%20.73%26.16B-5.57B8.43
FY202528 Dec 202519.70B-0.73%20.91%24.53B-4.83B8.11
FY202429 Dec 202419.84B+8.74%22.34%24.27B-4.42B8.17
FY202331 Dec 202318.25B+6.19%21.43%22.79B-4.54B7.13
FY20221 Jan 202317.19B-13.02%21.48%21.19B-4.01B6.45
FY20212 Jan 202219.76B-2.13%25.09%23.41B-3.65B7.39
FY20203 Jan 202120.19B+1.36%24.45%23.54B-3.35B7.56
FY201931 Dec 201919.92B+7.48%24.27%23.42B-3.50B7.42
FY201831 Dec 201818.53B+4.24%22.71%22.20B-3.67B6.79
FY201731 Dec 201717.78B+14.39%23.25%21.06B-3.28B6.48
FY201631 Dec 201615.54B-1.74%21.62%18.77B-3.23B5.57
FY201531 Dec 201515.82B+7.18%22.57%19.28B-3.46B5.62
FY201431 Dec 201414.76B+6.79%19.85%18.47B-3.71B5.15
FY201331 Dec 201313.82B+10.89%19.38%17.41B-3.60B4.80
FY201231 Dec 201212.46B+9.27%18.54%15.40B-2.93B4.43
FY201131 Dec 201111.41B-18.54%17.54%14.30B-2.89B4.11
FY201031 Dec 201014.00B-1.44%22.73%16.39B-2.38B5.02
FY200931 Dec 200914.21B+19.32%22.95%16.57B-2.37B5.09
FY200831 Dec 200811.91B-0.28%18.68%14.97B-3.07B4.20
FY200731 Dec 200711.94B+3.73%19.54%15.25B-3.31B4.10
FY200631 Dec 200611.51B+24.50%21.59%14.25B-2.74B3.88
FY200531 Dec 20059.25B+3.23%18.30%11.88B-2.63B3.08
FY200431 Dec 20048.96B+7.48%18.92%11.13B-2.18B3.00
FY200331 Dec 20038.33B+37.12%19.91%10.60B-2.26B2.65
FY200231 Dec 20026.08B-14.80%16.74%8.18B-2.10B1.99
FY200131 Dec 20017.13B+45.07%22.07%8.86B-1.73B2.32
FY200031 Dec 20004.92B+33.69%16.86%6.56B-1.65B1.59
FY199931 Dec 19993.68B—13.13%5.68B-2.00B1.20
FY199831 Dec 1998-55.00M-101.86%-0.23%4.89B-4.94B-0.02
FY199731 Dec 19972.95B+17.24%13.05%4.34B-1.39B1.08
FY199631 Dec 19962.52B+18.44%11.65%3.89B-1.37B0.92
FY199531 Dec 19952.13B+4.32%11.28%3.38B-1.26B0.82
FY199431 Dec 19942.04B+70.83%12.95%2.98B-937.00M0.78
FY199331 Dec 19931.19B+14.93%8.44%2.17B-975.00M0.45
FY199231 Dec 19921.04B+50.87%7.55%2.14B-1.10B0.40
FY199131 Dec 1991688.00M-16.81%5.53%1.68B-987.00M0.25
FY199031 Dec 1990827.00M+65.40%7.36%1.66B-830.00M0.31
FY198931 Dec 1989500.00M—5.12%1.25B-750.00M0.18

Figures in USD. Free cash flow is operating cash flow less capital expenditure; owner earnings take off only the spending that keeps the business as it is, not the spending to grow it (an estimate by Financial Modeling Prep). Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Stock buybacks,Cash flow

Common questions about Johnson & Johnson's free cash flow

Source: Financial Modeling PrepVerified against SEC filings