Johnson & Johnson (JNJ) Income Tax Expense
The tax expense for Johnson & Johnson (JNJ) is $5.78 Billion with a year-over-year change of +120.41%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
JNJ Tax Expense Chart
Current Tax Expense
$5.78B
$5.78 Billion
Year-over-Year Change
+120.41%
vs. $2.62B prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $5.78B | +$3.16B | +120.41% |
| 2024 | $2.62B | +$885.00M | +50.98% |
| 2023 | $1.74B | $-1.25B | -41.92% |
| 2023 | $2.99B | +$1.61B | +117.07% |
| 2022 | $1.38B | $-406.00M | -22.77% |
| 2021 | $1.78B | $-426.00M | -19.28% |
| 2019 | $2.21B | $-493.00M | -18.25% |
| 2018 | $2.70B | $-13.67B | -83.50% |
| 2017 | $16.37B | +$13.11B | +401.78% |
| 2016 | $3.26B | $-524.00M | -13.84% |
| 2015 | $3.79B | $-453.00M | -10.68% |
| 2014 | $4.24B | +$2.60B | +158.54% |
| 2013 | $1.64B | $-1.62B | -49.71% |
| 2012 | $3.26B | +$572.00M | +21.27% |
| 2011 | $2.69B | $-924.00M | -25.57% |
| 2010 | $3.61B | +$124.00M | +3.55% |
| 2009 | $3.49B | $-491.00M | -12.34% |
| 2008 | $3.98B | +$1.27B | +47.03% |
| 2007 | $2.71B | $-827.00M | -23.40% |
| 2006 | $3.53B | +$478.00M | +15.64% |
| 2005 | $3.06B | $-1.09B | -26.38% |
| 2004 | $4.15B | +$1.04B | +33.43% |
| 2003 | $3.11B | +$417.00M | +15.48% |
| 2002 | $2.69B | +$464.00M | +20.81% |
| 2001 | $2.23B | +$315.00M | +16.45% |
| 2000 | $1.92B | +$311.00M | +19.39% |
| 1999 | $1.60B | +$425.00M | +36.05% |
| 1998 | $1.18B | $-94.00M | -7.38% |
| 1997 | $1.27B | +$127.00M | +11.08% |
| 1996 | $1.15B | — | — |
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.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- Joaquin Duato