
Johnson & Johnson (J&J)
J&J
Johnson & Johnson is the world's largest and most diversified healthcare manufacturer, operating an integrated network of 80+ pharmaceutical and medical device production sites across more than 150 countries. Following the separation of its consumer health division (Kenvue), J&J has concentrated its manufacturing resources on high-barrier-to-entry product lines—complex monoclonal antibodies for oncology and immunology (including Darzalex for multiple myeloma and Tremfya for inflammatory diseases), cardiovascular interventional devices, orthopedic implants, and surgical robotic systems. The company's FY2025 revenue reached approximately $94.2 billion, solidifying its position as the largest healthcare enterprise globally. J&J's manufacturing capabilities span chemical pharmaceutical preparations, biologic drug substances and sterile fill-finish, medical devices and diagnostics, surgical consumables, and advanced robotic surgery platforms—a breadth of in-house production that no other healthcare company can match. The company has accelerated digitalization and automation across its manufacturing network, deploying AI-driven quality control systems and predictive maintenance platforms to reduce deviation rates and improve overall equipment effectiveness (OEE).
Strengths: Unmatched manufacturing breadth: J&J operates across five of the ten core biopharmaceutical manufacturing categories with fully owned production facilities, providing natural risk diversification that competitors cannot replicate. Scale economics: With $94.2 billion in annual revenue and 80+ manufacturing sites, J&J achieves procurement, quality system, and technology transfer economies that reduce unit production costs across its portfolio. Regulatory track record: J&J's manufacturing sites maintain strong compliance histories with FDA, EMA, and other global regulators, supported by a centralized quality management system that enforces consistent standards across all facilities.
Weaknesses: Litigation overhang: Ongoing talc-related product liability litigation and associated financial reserves have diverted management attention and capital from manufacturing innovation investments. Patent cliff exposure: Key immunology products including Stelara face biosimilar competition beginning in 2025-2026, requiring manufacturing network rebalancing as volumes shift. Integration complexity: The continuous cycle of acquisitions (including Shockwave Medical, V-Wave, and other medtech targets) demands ongoing manufacturing site integration and quality system harmonization that consumes significant organizational resources.Read MoreShow Less
Strengths: Unmatched manufacturing breadth: J&J operates across five of the ten core biopharmaceutical manufacturing categories with fully owned production facilities, providing natural risk diversification that competitors cannot replicate. Scale economics: With $94.2 billion in annual revenue and 80+ manufacturing sites, J&J achieves procurement, quality system, and technology transfer economies that reduce unit production costs across its portfolio. Regulatory track record: J&J's manufacturing sites maintain strong compliance histories with FDA, EMA, and other global regulators, supported by a centralized quality management system that enforces consistent standards across all facilities.
Weaknesses: Litigation overhang: Ongoing talc-related product liability litigation and associated financial reserves have diverted management attention and capital from manufacturing innovation investments. Patent cliff exposure: Key immunology products including Stelara face biosimilar competition beginning in 2025-2026, requiring manufacturing network rebalancing as volumes shift. Integration complexity: The continuous cycle of acquisitions (including Shockwave Medical, V-Wave, and other medtech targets) demands ongoing manufacturing site integration and quality system harmonization that consumes significant organizational resources.
Listed market data
JNJ · NYSE · weeklyHistory →- Market cap
- $658 B
- Share price
- USD 270.56
- 1Y change
- +44.5%
- Recent change
- -1.0%
- Since first close
- ×247
- Revenue (TTM)
- $97.9 B
10-30 → 11-02
from 1970-01
Financial history
Full market history- 2026-11USD 270.56$658 B+5.9%
- 2026-10USD 255.56$616 B-3.5%
- 2026-09USD 264.74$644 B-0.4%
- 2026-08USD 265.85$647 B+3.7%
- 2026-07USD 256.35$624 B+0.9%
- 2026-06USD 253.97$618 B+12.7%
- 2026-05USD 225.33$548 B-2.0%
- 2026-04USD 229.85$559 B-6.0%
- 2026-03USD 244.44$595 B-1.6%
- 2026-02USD 248.43$605 B+9.3%
- 2026-01USD 227.25$553 B+9.8%
- 2025-12USD 206.95$504 B—
Ownership & Control
Shareholding as of 2026-06-30- Controlling entity
- Publicly held — no controlling shareholder disclosed
- Company type
- Brand & Manufacturer
- Insiders
- 0.05%
- Institutions
- 76.77%(5,839 holders)
- Free float
- 76.81%
Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.
In the press
All coverage →5 latest headlines2- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Johnson & Johnson - JNJ - PR Newswirewww.prnewswire.com2026-10-29
- Jury Awards Johnson & Johnson Talc Victim a $10 Million Verdict - Mesothelioma.comwww.mesothelioma.com2026-10-23
- Johnson & Johnson Just Raised Its Sales Outlook Again. Here's Why the Dividend King Is Still a Buy.fool.com2026-10-17
- Bristol-Myers Squibb vs. Johnson & Johnson: Which Healthcare Stock Is a Better Buy in 2026?fool.com2026-10-17
- Johnson & Johnson: 3 Key Takeaways for Long-Term Investorsfool.com2026-10-16
Medical Device & Surgical Technology Manufacturing 30% of Revenue: Precision machining and assembly of orthopedic implants hip, knee, shoulder, trauma, cardiovascular interventional devices stents, catheters, electrophysiology, surgical stapling and energy devices, and the Ottava surgical robotic platform. Manufacturing operations span 200+ production facilities with ISO 13485 quality management system certification.
Vision and Surgical Vision Products: Intraocular lens manufacturing, phacoemulsification systems, laser refractive surgery platforms, and contact lens production through wholly-owned manufacturing subsidiaries.
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2025 | $94.2 B | $26.8 B |
| 2024 | $88.8 B | $14.1 B |
| 2023 | $85.2 B | $35.2 B |
| 2022 | $80 B | $17.9 B |
| 2021 | $78.7 B | $20.9 B |
Annual results from company filings (SEC XBRL), converted to US dollars.
Quick Facts
Headquarters
New Brunswick, New Jersey, United States
Founded
1886
Employees
135K+
Revenue
~$94.2B (FY2025)
Market cap
$658 B
Factories
80+ Manufacturing Sites
Presence
150+ Countries
Listing
NYSE: JNJ
Categories
13 categories · scroll for more
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Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: Official Website NYSE: JNJ , Johnson & Johnson — Q4 and Full-Year 2025 Results
SEC.gov — J&J FY2025 Annual Report (Form 10-K)
J&J — 2025 Fourth Quarter and Full-Year Earnings Summary
J&J — Q4 2025 Earnings Call Transcript (January 21, 2026)
FiercePharma — Top 20 Pharma Companies by 2025 Revenue
