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Johnson & Johnson (JNJ) EV/FCF Ratio: 34.18x

Is Johnson & Johnson’s EV/FCF ratio high or low?

Johnson & Johnson's EV/FCF ratio of 34.18x is 39% above its 5-year average of 24.59x, near the high end of its 5-year range (18.50x–34.96x).

As of Wednesday, June 17, 2026. 16.14% above its 12-month average of 29.43x.

JNJ EV/FCF Ratio Chart

JNJ EV/FCF Ratio
34.18x+62.92% 1Y
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JNJ Average EV/FCF Ratio Chart

JNJ Current vs Average EV/FCF Ratio Chart

JNJ EV/FCF Ratio Metrics

EV/FCF RATIO

34.18x

EV/FCF RATIO AVG TTM

29.43x

EV/FCF RATIO AVG 3Y

24.99x

EV/FCF RATIO AVG 5Y

24.59x

EV/FCF RATIO AVG 10Y

22.79x

EV/FCF RATIO AVG 15Y

21.14x

EV/FCF RATIO AVG 20Y

19.64x

CURRENT VS TTM AVG

+16.14%

CURRENT VS 3Y AVG

+36.77%

CURRENT VS 5Y AVG

+39.03%

CURRENT VS 10Y AVG

+50.00%

CURRENT VS 15Y AVG

+61.70%

CURRENT VS 20Y AVG

+73.99%

JNJ Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Johnson & Johnson (JNJ)$566.13B34.18x29.43x24.99x24.59x
Pfizer Inc. (PFE)vs ›$148.41B22.35x19.82x27.37x21.38x
Merck & Co., Inc. (MRK)vs ›$284.45B23.27x20.41x23.14x23.68x
AbbVie Inc. (ABBV)vs ›$393.06B21.96x23.64x20.07x17.83x
Eli Lilly and Company (LLY)vs ›$1.06T76.87x97.02x351.80x170.00x
Bristol-Myers Squibb Company (BMY)vs ›$114.19B12.53x10.46x11.37x12.30x

Cash Flow Valuation Comparison

EV/FCF

34.2x

P/FCF

32.3x

FCF Yield

3.10%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

Johnson & Johnson EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Johnson & Johnson EV/FCF Ratio FAQ

What is the EV/FCF ratio for Johnson & Johnson (JNJ)?
The EV/FCF ratio for JNJ stock is 34.18x.
Is Johnson & Johnson's EV/FCF ratio high or low?
Johnson & Johnson's EV/FCF ratio of 34.18x is 39% above its 5-year average of 24.59x, near the high end of its 5-year range (18.50x–34.96x).
What is the TTM average EV/FCF ratio for Johnson & Johnson (JNJ)?
The TTM average EV/FCF ratio for JNJ stock is 29.43x.
What is the 3Y average EV/FCF ratio for Johnson & Johnson (JNJ)?
The 3Y average EV/FCF ratio for JNJ stock is 24.99x.
What is the 5Y average EV/FCF ratio for Johnson & Johnson (JNJ)?
The 5Y average EV/FCF ratio for JNJ stock is 24.59x.
What is the 10Y average EV/FCF ratio for Johnson & Johnson (JNJ)?
The 10Y average EV/FCF ratio for JNJ stock is 22.79x.
What is the 15Y average EV/FCF ratio for Johnson & Johnson (JNJ)?
The 15Y average EV/FCF ratio for JNJ stock is 21.14x.
What is the 20Y average EV/FCF ratio for Johnson & Johnson (JNJ)?
The 20Y average EV/FCF ratio for JNJ stock is 19.64x.

Johnson & Johnson EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-1634.18x
2026-06-1534.25x
2026-06-1234.96x
2026-06-1134.61x
2026-06-1034.64x
2026-06-0934.43x
2026-06-0833.77x
2026-06-0533.85x
2026-06-0433.22x
2026-06-0332.54x
2026-06-0232.49x
2026-06-0132.58x
2026-05-2932.83x
2026-05-2833.58x
2026-05-2733.65x
2026-05-2633.49x
2026-05-2234.07x
2026-05-2133.71x
2026-05-2033.38x
2026-05-1933.47x
2026-05-1833.32x
2026-05-1533.02x
2026-05-1433.58x
2026-05-1333.53x
2026-05-1232.68x
2026-05-1132.29x
2026-05-0832.28x
2026-05-0732.44x
2026-05-0632.73x
2026-05-0532.86x
2026-05-0432.67x
2026-05-0133.08x
2026-04-3033.45x
2026-04-2933.11x
2026-04-2833.17x
2026-04-2732.83x
2026-04-2433.13x
2026-04-2333.56x
2026-04-2232.93x
2026-04-2129.41x
2026-04-2029.98x
2026-04-1730.41x
2026-04-1630.45x
2026-04-1530.96x
2026-04-1431.14x
2026-04-1330.88x
2026-04-1030.94x
2026-04-0931.29x
2026-04-0831.29x
2026-04-0730.93x
2026-04-0631.25x
2026-04-0231.50x
2026-04-0131.64x
2026-03-3131.68x
2026-03-3031.44x
2026-03-2731.18x
2026-03-2631.04x
2026-03-2531.12x
2026-03-2430.54x
2026-03-2330.56x
2026-03-2030.55x
2026-03-1930.83x
2026-03-1830.79x
2026-03-1730.89x
2026-03-1631.52x
2026-03-1331.32x
2026-03-1231.38x
2026-03-1131.50x
2026-03-1031.59x
2026-03-0931.45x
2026-03-0631.18x
2026-03-0531.08x
2026-03-0431.78x
2026-03-0331.96x
2026-03-0232.19x
2026-02-2732.17x
2026-02-2631.56x
2026-02-2531.77x
2026-02-2431.90x
2026-02-2331.85x
2026-02-2031.44x
2026-02-1931.98x
2026-02-1831.74x
2026-02-1731.54x
2026-02-1331.55x
2026-02-1231.69x
2026-02-1131.23x
2026-02-1031.79x
2026-02-0931.82x
2026-02-0632.00x
2026-02-0531.72x
2026-02-0431.29x
2026-02-0331.12x
2026-02-0230.82x
2026-01-3030.37x
2026-01-2930.38x
2026-01-2830.43x
2026-01-2730.02x
2026-01-2629.64x
2026-01-2329.47x
2026-01-2229.26x
2026-01-2129.20x
2026-01-2029.22x
2026-01-1629.28x
2026-01-1529.40x
2026-01-1429.27x
2026-01-1328.64x
2026-01-1228.14x
2026-01-0927.46x
2026-01-0827.64x
2026-01-0727.86x
2026-01-0627.51x
2026-01-0527.45x
2026-01-0227.84x
2025-12-3127.79x
2025-12-3027.78x
2025-12-2927.87x
2025-12-2627.88x
2025-12-2427.89x
2025-12-2327.64x
2025-12-2227.84x
2025-12-1927.72x
2025-12-1827.96x
2025-12-1728.22x
2025-12-1628.09x
2025-12-1528.71x
2025-12-1228.38x
2025-12-1128.18x
2025-12-1027.74x
2025-12-0926.90x
2025-12-0827.11x
2025-12-0527.15x
2025-12-0427.22x
2025-12-0327.58x
2025-12-0227.59x
2025-12-0127.58x
2025-11-2827.79x
2025-11-2627.87x
2025-11-2527.75x
2025-11-2427.67x
2025-11-2127.40x
2025-11-2027.30x
2025-11-1927.22x
2025-11-1826.90x
2025-11-1726.85x
2025-11-1426.39x
2025-11-1326.30x
2025-11-1226.19x
2025-11-1126.12x
2025-11-1025.43x
2025-11-0725.19x
2025-11-0625.25x
2025-11-0525.12x
2025-11-0425.23x
2025-11-0325.16x
2025-10-3125.49x
2025-10-3025.51x
2025-10-2925.20x
2025-10-2825.24x
2025-10-2725.67x
2025-10-2425.68x
2025-10-2325.95x
2025-10-2226.01x
2025-10-2130.25x
2025-10-2030.52x
2025-10-1730.44x
2025-10-1630.28x
2025-10-1530.14x
2025-10-1430.09x
2025-10-1330.10x
2025-10-1030.07x
2025-10-0930.13x
2025-10-0829.92x
2025-10-0729.80x
2025-10-0629.70x
2025-10-0329.77x
2025-10-0229.38x
2025-10-0129.39x
2025-09-3029.29x
2025-09-2928.73x
2025-09-2628.45x
2025-09-2528.16x
2025-09-2428.01x
2025-09-2327.99x
2025-09-2227.64x
2025-09-1927.93x
2025-09-1827.63x
2025-09-1728.08x
2025-09-1627.97x
2025-09-1528.11x
2025-09-1228.21x
2025-09-1128.27x
2025-09-1027.87x
2025-09-0928.05x
2025-09-0828.22x
2025-09-0528.26x
2025-09-0428.31x
2025-09-0328.20x
2025-09-0228.21x
2025-08-2928.08x
2025-08-2827.82x
2025-08-2728.02x
2025-08-2627.98x
2025-08-2528.26x
2025-08-2228.39x
2025-08-2128.34x
2025-08-2028.32x
2025-08-1928.17x
2025-08-1827.94x
2025-08-1528.00x
2025-08-1427.72x
2025-08-1327.67x
2025-08-1227.43x
2025-08-1127.58x
2025-08-0827.51x
2025-08-0727.25x
2025-08-0627.11x
2025-08-0527.13x
2025-08-0427.17x
2025-08-0126.63x
2025-07-3126.24x
2025-07-3026.62x
2025-07-2926.74x
2025-07-2826.46x
2025-07-2526.77x
2025-07-2426.96x
2025-07-2322.79x
2025-07-2222.64x
2025-07-2122.17x
2025-07-1822.09x
2025-07-1721.99x
2025-07-1622.23x
2025-07-1520.97x
2025-07-1421.19x
2025-07-1121.20x
2025-07-1021.30x
2025-07-0921.12x
2025-07-0821.06x
2025-07-0720.99x
2025-07-0321.08x
2025-07-0221.03x
2025-07-0121.07x
2025-06-3020.66x
2025-06-2720.61x
2025-06-2620.56x
2025-06-2520.60x
2025-06-2420.59x
2025-06-2320.47x
2025-06-2020.27x
2025-06-1820.40x
2025-06-1720.61x
2025-06-1620.98x
2025-06-1321.23x
2025-06-1221.17x
2025-06-1120.99x
2025-06-1021.14x
2025-06-0920.98x
2025-06-0620.96x
2025-06-0520.78x
2025-06-0420.72x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Johnson & Johnson

Johnson & Johnson (JNJ) operates globally, engaging in the research, development, production, and distribution of a diverse range of healthcare products. In a pivotal strategic move in 2023, the company divested its Consumer Health division, establishing it as the independent entity Kenvue Inc. This separation was implemented to allow J&J to sharpen its focus on higher-growth, innovation-led areas. Consequently, well-known consumer brands like TYLENOL, LISTERINE, and BAND-AID are now part of Kenvue's portfolio. Johnson & Johnson's current operations are centered around two primary divisions: Innovative Medicine and MedTech. The Innovative Medicine segment, formerly known as Pharmaceuticals, specializes in prescription drugs designed to treat complex ailments such as rheumatoid arthritis, various forms of cancer, HIV/AIDS, and neurodegenerative disorders. Its MedTech division, encompassing Medical Devices, delivers cutting-edge technological solutions, including electrophysiology equipment, neurovascular care products, orthopaedic implants for hips, knees, and spine, advanced surgical technologies, and ACUVUE brand disposable contact lenses. These two streamlined segments primarily cater to a client base comprising hospitals, medical professionals, wholesale distributors, and retail outlets. From its headquarters in New Brunswick, New Jersey, Johnson & Johnson continues to uphold its enduring mission of advancing human health, a commitment it has maintained since its founding in 1886.

New Brunswick, NJ
138,100 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Joaquin Duato