Johnson & Johnson (JNJ) vs The Coca-Cola Company (KO)

A side-by-side comparison of Johnson & Johnson and The Coca-Cola Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: JNJ is classified in Healthcare; KO is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnJNJ vs KO

growth of $100 · dividends reinvested · last 10y
JNJ +196.2% (+11.5%/yr)KO +184.3% (+11.0%/yr)JNJ compounded faster over this window
100150200250300Start $10020182020202220242026$296$284
JNJ KO

JNJ vs KO: by the numbers

  • JNJ is the larger company ($643.00B vs $384.63B market cap).
  • KO trades at the lower trailing earnings multiple (26.85 vs 30.92 P/E), one valuation lens rather than an overall verdict.
  • KO converts more revenue to profit (28.56% vs 21.48% net margin).
  • KO grew revenue faster over the past five years (6.60% vs 2.93% CAGR).
  • KO pays the higher dividend yield (2.36% vs 1.99%).

Metrics side by side

Valuation

MetricJNJKO
P/E ratio30.9226.85
Forward P/E23.1027.04
P/S ratio6.577.67
P/B ratio7.5710.64
EV / EBITDA19.7526.14
FCF yield2.91%3.72%

Profitability

MetricJNJKO
Gross margin70.45%61.89%
Operating margin26.81%29.63%
Net margin21.48%28.56%
ROE24.76%39.60%
ROIC13.89%13.91%

Dividends

MetricJNJKO
Dividend yield1.99%2.36%
Payout ratio61.18%62.46%

Growth (annualized)

MetricJNJKO
Revenue CAGR (5Y)2.93%6.60%
EPS CAGR (5Y)14.61%11.12%
FCF CAGR (5Y)-2.05%-9.38%
Total return CAGR (5Y)12.82%12.98%

Frequently asked

Which has the lower trailing P/E, JNJ or KO?
KO has the lower trailing P/E: JNJ trades at 30.92 and KO at 26.85. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, JNJ or KO?
Over the past five years, KO grew revenue faster — JNJ at a 2.93% CAGR versus KO at 6.60%.
Does JNJ or KO pay a bigger dividend?
JNJ yields 1.99% and KO yields 2.36% based on trailing dividends and the latest price.
Is JNJ or KO more profitable?
KO runs the higher net margin — JNJ at 21.48% versus KO at 28.56%.
How have JNJ and KO total returns compared?
Over the past 10 years, JNJ delivered 11.41% and KO delivered 11.05% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.