Analysis of Geographic Areas
Johnson & Johnson operates in 4 regions: United States; Europe; Western Hemisphere excluding U.S.; and Asia-Pacific, Africa.
Area Asset Turnover
Johnson & Johnson, asset turnover by geographic area
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 0.71 | 0.85 | 0.73 | 0.97 | 0.86 |
| Europe | 0.74 | 0.65 | 0.60 | 0.55 | 0.38 |
| Western Hemisphere excluding U.S. | 2.73 | 3.05 | 2.24 | 2.12 | 1.95 |
| Asia-Pacific, Africa | 9.35 | 9.17 | 3.79 | 3.43 | 2.76 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
| Europe | Europe area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Western Hemisphere excluding U.S. | Western Hemisphere excluding U.S. area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| Asia-Pacific, Africa | Asia-Pacific, Africa area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
Johnson & Johnson; United States; area asset turnover calculation
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales to customers | 50,302) | 46,444) | 48,580) | 47,156) | 43,133) |
| Long-lived assets | 70,670) | 54,832) | 66,283) | 48,586) | 49,951) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.71 | 0.85 | 0.73 | 0.97 | 0.86 |
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).
1 2024 Calculation
Area asset turnover = Sales to customers ÷ Long-lived assets
= 50,302 ÷ 70,670 = 0.71
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: Europe
Johnson & Johnson; Europe; area asset turnover calculation
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales to customers | 20,212) | 20,410) | 23,449) | 23,594) | 18,980) |
| Long-lived assets | 27,267) | 31,616) | 38,774) | 43,257) | 49,363) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.74 | 0.65 | 0.60 | 0.55 | 0.38 |
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).
1 2024 Calculation
Area asset turnover = Sales to customers ÷ Long-lived assets
= 20,212 ÷ 27,267 = 0.74
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe | Europe area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Western Hemisphere excluding U.S.
Johnson & Johnson; Western Hemisphere excluding U.S.; area asset turnover calculation
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales to customers | 4,714) | 4,549) | 6,125) | 5,750) | 5,335) |
| Long-lived assets | 1,728) | 1,491) | 2,737) | 2,708) | 2,734) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.73 | 3.05 | 2.24 | 2.12 | 1.95 |
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).
1 2024 Calculation
Area asset turnover = Sales to customers ÷ Long-lived assets
= 4,714 ÷ 1,728 = 2.73
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Western Hemisphere excluding U.S. | Western Hemisphere excluding U.S. area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: Asia-Pacific, Africa
Johnson & Johnson; Asia-Pacific, Africa; area asset turnover calculation
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Sales to customers | 13,593) | 13,756) | 16,789) | 17,275) | 15,136) |
| Long-lived assets | 1,454) | 1,500) | 4,431) | 5,035) | 5,484) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 9.35 | 9.17 | 3.79 | 3.43 | 2.76 |
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).
1 2024 Calculation
Area asset turnover = Sales to customers ÷ Long-lived assets
= 13,593 ÷ 1,454 = 9.35
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Asia-Pacific, Africa | Asia-Pacific, Africa area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Sales to customers
Johnson & Johnson, sales to customers by geographic area
US$ in millions
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 50,302) | 46,444) | 48,580) | 47,156) | 43,133) |
| Europe | 20,212) | 20,410) | 23,449) | 23,594) | 18,980) |
| Western Hemisphere excluding U.S. | 4,714) | 4,549) | 6,125) | 5,750) | 5,335) |
| Asia-Pacific, Africa | 13,593) | 13,756) | 16,789) | 17,275) | 15,136) |
| Segments total | 88,821) | 85,159) | 94,943) | 93,775) | 82,584) |
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).
Long-lived assets
Johnson & Johnson, long-lived assets by geographic area
US$ in millions
| Dec 29, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 70,670) | 54,832) | 66,283) | 48,586) | 49,951) |
| Europe | 27,267) | 31,616) | 38,774) | 43,257) | 49,363) |
| Western Hemisphere excluding U.S. | 1,728) | 1,491) | 2,737) | 2,708) | 2,734) |
| Asia-Pacific, Africa | 1,454) | 1,500) | 4,431) | 5,035) | 5,484) |
| Segments total | 101,119) | 89,439) | 112,225) | 99,586) | 107,532) |
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).