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Johnson & Johnson

Johnson & JohnsonJNJ Rule of 40

Rule of 40 combines revenue growth and free cash flow margin in one quarterly score.

Median 30.3 Above 40 0–40 Below 0
36
Q3
29
2024 Q4
19
Q1
18
Q2
40
Q3
31
2025 Q4
16
Q1
35
2026 Q2 40 0 Mix

Latest Rule of 40: +35 (2026Q2); +17 pts YoY.

Across the 8 quarters from 2024Q3 to 2026Q2, Rule of 40 ranged from +16 in 2026Q1 to +40 in 2025Q3.

Other JNJ Charts

More quarter-by-quarter fundamentals for Johnson & Johnson

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Healthcare Comparison

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