VerityRank
Johnson & Johnson (J&J)
Brand & Manufacturer VerifiedUnited States

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.
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United StatesFounded 1886135K+~$94.2B80+ Manufacturing Sites / 100
Listed onNYSEJNJ
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

JNJ · NYSE · weeklyHistory →
Market cap
$658 B
Share price
USD 270.56
1Y change
+44.5%
Recent change
-1.0%

10-30 → 11-02

Since first close
×247

from 1970-01

Revenue (TTM)
$97.9 B
Revenue FY 2026 · updated 2026-11-02Source ↗

Financial history

Full market history
USD 0$0USD 75$200 BUSD 150$400 BUSD 225$600 BUSD 300$800 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 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—
Monthly closes · 2025-12 – 2026-11 · Full market history

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
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Johnson & Johnson is the world's largest and most diversified healthcare manufacturer, headquartered in New Brunswick, New Jersey, USA. Following the separation of its consumer health division (Kenvue) in 2023, the company has concentrated its manufacturing resources on high-barrier-to-entry product lines across innovative medicine and medical technology. With approximately $94.2 billion in FY2025 revenue, 135,000+ employees, and 80+ manufacturing facilities spanning 150+ countries, J&J holds an unparalleled position in global healthcare manufacturing with a brand heat score of 95/100.

Core Manufacturing Operations

Johnson & Johnson's Innovative Medicine manufacturing division produces complex biologic therapies including monoclonal antibodies for oncology (Darzalex for multiple myeloma), immunology (Tremfya, Stelara), cardiovascular disease (Xarelto), and neuroscience. The company's biologics manufacturing platform encompasses CHO cell line development, large-scale mammalian cell culture in 15,000-20,000 liter stainless steel bioreactors, multi-column Protein A affinity chromatography purification trains, viral inactivation and nanofiltration, and automated aseptic fill-finish. J&J's pharmaceutical manufacturing network includes 100+ facilities globally, with significant production hubs in the United States, Ireland, Belgium, Switzerland, and Puerto Rico. The company has accelerated investment in continuous manufacturing, single-use bioreactor technology, and AI-driven process analytical technology (PAT) to improve product consistency and reduce manufacturing deviation rates.

The MedTech manufacturing division represents the industry's most comprehensive medical device production capability, encompassing 200+ facilities worldwide. Manufacturing operations span orthopedic implant precision machining (hip, knee, shoulder, trauma systems), cardiovascular interventional device assembly (electrophysiology catheters, drug-eluting stents, structural heart devices), surgical stapling and energy device production, and the Ottava surgical robotic platform. J&J's MedTech manufacturing operates under ISO 13485 quality management systems with cleanroom environments ranging from ISO 7 (Class 10,000) to ISO 5 (Class 100) for implantable device assembly. The company's acquisition of Shockwave Medical in 2024 added intravascular lithotripsy device manufacturing capability, while the V-Wave acquisition expanded structural heart device production. Annual MedTech R&D investment exceeds $3 billion, with manufacturing innovation focused on additive manufacturing (3D-printed orthopedic implants), robotic assembly automation, and digital twin technology for process optimization.

Global Manufacturing Presence

Johnson & Johnson's manufacturing footprint spans 80+ major production sites across North America, Europe, Asia-Pacific, and Latin America. The United States hosts the company's largest manufacturing concentration, including major pharmaceutical facilities in Pennsylvania (Malvern), New Jersey (Raritan), and Massachusetts, alongside MedTech manufacturing centers in California (Irwindale, Santa Clara), Ohio, and Indiana (Warsaw orthopedic campus—one of the world's largest orthopedic device manufacturing complexes). European pharmaceutical manufacturing is anchored in Ireland (Cork—large-scale biologics), Belgium (Beerse and Geel—chemical synthesis and biologics), and Switzerland (Schaffhausen). The Asia-Pacific region features significant MedTech manufacturing in China (Suzhou—orthopedic implants and surgical devices) and pharmaceutical production partnerships across multiple markets. J&J's manufacturing workforce of approximately 54,000 production personnel (40% of total employees) operates under a unified Johnson & Johnson Production System (JJPS) that standardizes quality management, lean manufacturing practices, and safety protocols across all sites.

Key Manufacturing Strengths

Johnson & Johnson's manufacturing competitive advantages derive from four interconnected pillars: unmatched production breadth spanning 5 of 10 core biopharmaceutical manufacturing categories (chemical pharmaceutical preparations, biologics and vaccines, medical devices and diagnostics, surgical consumables, and healthcare robotics)—a diversification that no other healthcare manufacturer can match; scale economics generated by 80+ facilities producing $94.2 billion in annual output, enabling procurement leverage, quality system amortization, and technology transfer efficiency unavailable to smaller competitors; regulatory excellence maintained through a centralized Global Quality organization that enforces consistent cGMP, ISO 13485, and MDSAP standards across all manufacturing sites, supported by a strong FDA and EMA inspection history; and manufacturing innovation driven by the JJPS continuous improvement framework, incorporating digital manufacturing execution systems (MES), automated visual inspection using machine learning, and predictive maintenance powered by IoT sensor networks. The company's manufacturing capital expenditure program exceeds $4 billion annually, funding capacity expansion for high-growth biologics, facility digitalization, and next-generation MedTech production platforms.

VerityRank Score

VerityRank Score of 95/100

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

Related

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