Johnson & Johnson (JNJ) — Cash Flow Quality Index

Latest as of September 2025: 1.78x

Johnson & Johnson (JNJ) has a Cash Flow Quality Index of 1.78x as of September 2025. Operating cash flow of $9.17 Billion exceeds net income of $5.15 Billion, indicating high earnings quality where cash backs reported profits. Explore how much of Johnson & Johnson's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.78x
Operating CF / Net Income

Operating Cash Flow

$9.17 Billion
USD

Net Income

$5.15 Billion
USD

Data as of

Sep 2025
Most recent filing

Johnson & Johnson Cash Flow Quality Index (1989–2024)

Historical Cash Flow Quality Index for Johnson & Johnson across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Johnson & Johnson's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Johnson & Johnson (1989–2024)

Year-by-year earnings quality comparison for Johnson & Johnson. For live market cap and the full company financial profile, see JNJ company net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.73x $24.27 Billion $14.07 Billion ▲ +166.1%
2023 0.65x $22.79 Billion $35.15 Billion ▼ -45.1%
2022 1.18x $21.19 Billion $17.94 Billion ▲ +5.4%
2021 1.12x $23.41 Billion $20.88 Billion ▼ -29.9%
2020 1.60x $23.54 Billion $14.71 Billion ▲ +3.3%
2019 1.55x $23.42 Billion $15.12 Billion ▲ +6.7%
2018 1.45x $22.20 Billion $15.30 Billion ▼ -91.0%
2017 16.20x $21.06 Billion $1.30 Billion ▲ +1327.5%
2016 1.13x $18.77 Billion $16.54 Billion ▼ -9.3%
2015 1.25x $19.28 Billion $15.41 Billion ▲ +10.6%
2014 1.13x $18.47 Billion $16.32 Billion ▼ -10.1%
2013 1.26x $17.41 Billion $13.83 Billion ▼ -14.0%
2012 1.46x $15.40 Billion $10.51 Billion ▼ -0.9%
2011 1.48x $14.30 Billion $9.67 Billion ▲ +20.3%
2010 1.23x $16.39 Billion $13.33 Billion ▼ -9.0%
2009 1.35x $16.57 Billion $12.27 Billion ▲ +16.8%
2008 1.16x $14.97 Billion $12.95 Billion ▼ -19.8%
2007 1.44x $15.25 Billion $10.58 Billion ▲ +11.9%
2006 1.29x $14.25 Billion $11.05 Billion ▲ +13.0%
2005 1.14x $11.88 Billion $10.41 Billion ▼ -12.8%
2004 1.31x $11.13 Billion $8.51 Billion ▼ -11.1%
2003 1.47x $10.60 Billion $7.20 Billion ▲ +18.8%
2002 1.24x $8.18 Billion $6.60 Billion ▼ -20.8%
2001 1.56x $8.86 Billion $5.67 Billion ▲ +14.4%
2000 1.37x $6.56 Billion $4.80 Billion ▲ +0.4%
1999 1.36x $5.68 Billion $4.17 Billion ▼ -14.7%
1998 1.60x $4.89 Billion $3.06 Billion ▲ +21.5%
1997 1.31x $4.34 Billion $3.30 Billion ▼ -2.4%
1996 1.35x $3.89 Billion $2.89 Billion ▼ -4.2%
1995 1.41x $3.38 Billion $2.40 Billion ▼ -5.1%
1994 1.48x $2.98 Billion $2.01 Billion ▲ +22.2%
1993 1.21x $2.17 Billion $1.79 Billion ▼ -7.9%
1992 1.32x $2.14 Billion $1.62 Billion ▲ +14.9%
1991 1.15x $1.68 Billion $1.46 Billion ▼ -20.9%
1990 1.45x $1.66 Billion $1.14 Billion ▲ +25.5%
1989 1.16x $1.25 Billion $1.08 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.