Drug Manufacturers - General · New Brunswick, NJ
Delayed quote: Sep 8, 2026, 11:10 AM EDT
Drug Manufacturers - General · New Brunswick, NJ
Delayed quote: Sep 8, 2026, 11:10 AM EDT
Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 24.39% is 13% above its 5-year average of 21.66%, around the middle of its 5-year range (17.51%–27.37%).
As of the fiscal period ended Sunday, June 28, 2026. 3.08% below its 12-month average of 25.16%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
24.39%
DEBT TO ASSETS RATIO AVG TTM
25.16%
DEBT TO ASSETS RATIO AVG 3Y
22.69%
DEBT TO ASSETS RATIO AVG 5Y
21.66%
DEBT TO ASSETS RATIO AVG 10Y
20.89%
DEBT TO ASSETS RATIO AVG 15Y
18.63%
DEBT TO ASSETS RATIO AVG 20Y
17.52%
CURRENT VS TTM AVG
-3.08%
CURRENT VS 3Y AVG
+7.48%
CURRENT VS 5Y AVG
+12.61%
CURRENT VS 10Y AVG
+16.73%
CURRENT VS 15Y AVG
+30.94%
CURRENT VS 20Y AVG
+39.19%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+8610.26%
vs the sector median at left
Johnson & Johnson
Market Cap
$647.27B
Debt to Assets Ratio
24.39%
TTM Avg
25.16%
3Y Avg
22.69%
5Y Avg
21.66%
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson & Johnson (JNJ) | $647.27B | 24.39% | 25.16% | 22.69% | 21.66% |
| Pfizer Inc. (PFE)vs › | $159.04B | 0.31% | N/A | N/A | N/A |
| Merck & Co., Inc. (MRK)vs › | $367.48B | 0.42% | N/A | N/A | N/A |
| AbbVie Inc. (ABBV)vs › | $445.51B | 0.52% | N/A | N/A | N/A |
| Eli Lilly and Company (LLY)vs › | $1.07T | 0.39% | N/A | N/A | N/A |
| Bristol-Myers Squibb Company (BMY)vs › | $133.09B | 0.49% | N/A | N/A | N/A |
Debt/Assets
24.4%
Debt/Equity
0.58
Current Ratio
1.09
Interest Coverage
26.4x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-28 | 24.39% |
| 2026-03-29 | 27.37% |
| 2025-12-28 | 24.06% |
| 2025-09-28 | 23.75% |
| 2025-06-29 | 26.25% |
| 2025-03-30 | 26.98% |
| 2024-12-29 | 20.34% |
| 2024-09-29 | 20.05% |
| 2024-06-30 | 22.91% |
| 2024-03-31 | 19.56% |
| 2023-12-31 | 17.51% |
| 2023-10-01 | 18.02% |
| 2023-07-02 | 23.79% |
| 2023-04-02 | 27.00% |
| 2022-12-31 | 21.16% |
| 2022-10-02 | 18.29% |
| 2022-07-03 | 18.34% |
| 2022-04-03 | 18.59% |
| 2021-12-31 | 18.54% |
| 2021-10-03 | 18.93% |
| 2021-07-04 | 18.98% |
| 2021-04-04 | 19.48% |
| 2020-12-31 | 20.16% |
| 2020-09-27 | 22.12% |
| 2020-06-28 | 19.19% |
| 2020-03-29 | 17.79% |
| 2019-12-31 | 17.56% |
| 2019-09-29 | 18.79% |
| 2019-06-30 | 18.97% |
| 2019-03-31 | 19.58% |
| 2018-12-31 | 19.93% |
| 2018-09-30 | 20.07% |
| 2018-07-01 | 20.65% |
| 2018-04-01 | 20.77% |
| 2017-12-31 | 21.98% |
| 2017-10-01 | 22.59% |
| 2017-07-02 | 22.62% |
| 2017-04-02 | 22.34% |
| 2016-12-31 | 19.21% |
| 2016-10-02 | 19.23% |
| 2016-07-03 | 18.77% |
| 2016-04-03 | 17.14% |
| 2015-12-31 | 14.89% |
| 2015-09-27 | 14.82% |
| 2015-06-28 | 14.62% |
| 2015-03-29 | 14.76% |
| 2014-12-31 | 14.39% |
| 2014-09-28 | 11.56% |
| 2014-06-29 | 12.66% |
| 2014-03-30 | 12.97% |
| 2013-12-31 | 13.70% |
| 2013-09-29 | 11.90% |
| 2013-06-30 | 12.05% |
| 2013-03-31 | 13.08% |
| 2012-12-31 | 13.32% |
| 2012-09-30 | 14.17% |
| 2012-07-01 | 15.17% |
| 2012-04-01 | 16.74% |
| 2011-12-31 | 17.27% |
| 2011-10-02 | 16.42% |
| 2011-07-03 | 16.70% |
| 2011-04-03 | 16.49% |
| 2010-12-31 | 16.30% |
| 2010-10-03 | 12.24% |
| 2010-07-04 | 12.62% |
| 2010-04-04 | 12.95% |
| 2009-12-31 | 15.36% |
| 2009-09-27 | 12.67% |
| 2009-06-28 | 15.57% |
| 2009-03-29 | 16.35% |
| 2008-12-31 | 13.96% |
| 2008-09-28 | 16.69% |
| 2008-06-29 | 15.80% |
| 2008-03-30 | 13.28% |
| 2007-12-31 | 11.78% |
| 2007-09-30 | 10.04% |
| 2007-07-01 | 8.68% |
| 2007-04-01 | 9.16% |
| 2006-12-31 | 9.34% |
| 2006-10-01 | 3.87% |
| 2006-07-02 | 4.32% |
| 2006-04-02 | 4.52% |
| 2005-12-31 | 4.56% |
| 2005-10-02 | 4.27% |
| 2005-07-03 | 4.83% |
| 2005-04-03 | 5.10% |
| 2004-12-31 | 5.34% |
| 2004-09-26 | 6.56% |
| 2004-06-27 | 6.88% |
| 2004-03-28 | 7.27% |
| 2003-12-31 | 8.48% |
| 2003-09-28 | 11.09% |
| 2003-06-29 | 14.06% |
| 2003-03-30 | 9.78% |
| 2002-12-31 | 10.21% |
| 2002-09-29 | 11.60% |