Stock Analysis on Net

Johnson & Johnson (NYSE:JNJ)

$24.99

Income Statement

Johnson & Johnson, consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Dec 29, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Sales to customers
Cost of products sold
Gross profit
Selling, marketing and administrative expenses
Research and development expense
In-process research and development impairments
Restructuring
Operating earnings
Interest income
Interest expense, net of portion capitalized
Other expense, net
Earnings before provision for taxes on income
Provision for taxes on income
Net earnings from continuing operations
Net earnings from discontinued operations, net of tax
Net earnings

Based on: 10-K (reporting date: 2024-12-29), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Income statement item Description The company
Sales to customers Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Johnson & Johnson sales to customers decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Operating earnings The net result for the period of deducting operating expenses from operating revenues. Johnson & Johnson operating earnings decreased from 2022 to 2023 and from 2023 to 2024.
Earnings before provision for taxes on income Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Johnson & Johnson earnings before provision for taxes on income decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Johnson & Johnson net earnings increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.