Johnson & Johnson (JNJ) vs Walmart Inc. (WMT)
A side-by-side comparison of Johnson & Johnson and Walmart Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: JNJ is classified in Healthcare; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
JNJ
Johnson & Johnson
$266.73HealthcareDelayed quote: Jul 28, 2026, 4:00 PM EDT
WMT
Walmart Inc.
$113.10Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — JNJ vs WMT
growth of $100 · dividends reinvested · last 30yJNJ +2166.3%WMT +4540.3%WMT compounded faster
JNJ WMT
JNJ vs WMT: by the numbers
- •WMT is the larger company ($900.06B vs $642.79B market cap).
- •JNJ trades at the lower trailing earnings multiple (30.82 vs 39.21 P/E), one valuation lens rather than an overall verdict.
- •JNJ converts more revenue to profit (21.48% vs 3.13% net margin).
- •WMT grew revenue faster over the past five years (5.20% vs 2.93% CAGR).
- •JNJ pays the higher dividend yield (1.97% vs 0.86%).
Metrics side by side
Valuation
| Metric | JNJ | WMT |
|---|---|---|
| P/E ratio | 30.82 | 39.21 |
| Forward P/E | 22.76 | 42.36 |
| P/S ratio | 6.63 | 1.23 |
| P/B ratio | 7.64 | 9.48 |
| PEG ratio | 0.21 | 3.29 |
| EV / EBITDA | 19.98 | 21.35 |
| FCF yield | 3.48% | 1.40% |
Profitability
| Metric | JNJ | WMT |
|---|---|---|
| Gross margin | 70.45% | 24.98% |
| Operating margin | 26.81% | 4.16% |
| Net margin | 21.48% | 3.13% |
| ROE | 24.76% | 24.10% |
| ROIC | 13.71% | 11.87% |
Dividends
| Metric | JNJ | WMT |
|---|---|---|
| Dividend yield | 1.97% | 0.86% |
| Payout ratio | 47.51% | 35.22% |
Growth (annualized)
| Metric | JNJ | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 2.93% | 5.20% |
| EPS CAGR (5Y) | 11.51% | 10.95% |
| FCF CAGR (5Y) | -0.49% | -9.94% |
| Total return CAGR (5Y) | 12.13% | 20.16% |
Frequently asked
- Which has the lower trailing P/E, JNJ or WMT?
- JNJ has the lower trailing P/E: JNJ trades at 30.82 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, JNJ or WMT?
- Over the past five years, WMT grew revenue faster — JNJ at a 2.93% CAGR versus WMT at 5.20%.
- Does JNJ or WMT pay a bigger dividend?
- JNJ yields 1.97% and WMT yields 0.86% based on trailing dividends and the latest price.
- Is JNJ or WMT more profitable?
- JNJ runs the higher net margin — JNJ at 21.48% versus WMT at 3.13%.
- How have JNJ and WMT total returns compared?
- Over the past 10 years, JNJ delivered 10.85% and WMT delivered 18.43% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Johnson & Johnson P/E ratioWalmart P/E ratioJohnson & Johnson dividend yieldWalmart dividend yieldJohnson & Johnson ROEWalmart ROEJohnson & Johnson operating marginWalmart operating marginJohnson & Johnson revenue growthWalmart revenue growthJohnson & Johnson free cash flowWalmart free cash flow
Johnson & Johnson & Walmart appear in these rankings
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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 July 28, 2026.