Johnson & Johnson Cash Flow Reinvestment Rate
Johnson & Johnson cash flow reinvestment rate. Johnson & Johnson (JNJ) has a Cash Flow Reinvestment Rate of 0.15x as of September 2025, reinvesting $1.33 Billion (capex $788.00 Million plus investments $-542.00 Million) from operating cash flow of $9.17 Billion. Explore JNJ operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Johnson & Johnson (1989–2024)
Cash flow reinvestment rate of Johnson & Johnson from 1989 to 2024. Historical reinvestment intensity for Johnson & Johnson across 36 annual periods. Explore JNJ capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Johnson & Johnson Cash Flow Reinvestment Rate by Year (1989–2024)
Johnson & Johnson cash flow reinvestment rate by year from 1989 to 2024. Year-by-year capital reinvestment analysis for Johnson & Johnson. For the full cash flow conversion analysis, see JNJ operating cash flow.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.95x | $23.02 Billion | $24.27 Billion | $4.42 Billion | ▲ +298.9% |
| 2023 | 0.24x | $5.42 Billion | $22.79 Billion | $4.54 Billion | ▼ -61.9% |
| 2022 | 0.62x | $13.23 Billion | $21.19 Billion | $4.01 Billion | ▲ +61.7% |
| 2021 | 0.39x | $9.04 Billion | $23.41 Billion | $3.65 Billion | ▼ -26.1% |
| 2020 | 0.52x | $12.30 Billion | $23.54 Billion | $3.35 Billion | ▲ +203.6% |
| 2019 | 0.17x | $4.03 Billion | $23.42 Billion | $3.50 Billion | ▼ -23.7% |
| 2018 | 0.23x | $5.01 Billion | $22.20 Billion | $3.67 Billion | ▼ -73.8% |
| 2017 | 0.86x | $18.15 Billion | $21.06 Billion | $3.28 Billion | ▲ +102.5% |
| 2016 | 0.43x | $7.99 Billion | $18.77 Billion | $3.23 Billion | ▼ -19.1% |
| 2015 | 0.53x | $10.14 Billion | $19.28 Billion | $3.46 Billion | ▼ -33.0% |
| 2014 | 0.79x | $14.51 Billion | $18.47 Billion | $3.71 Billion | ▲ +206.7% |
| 2013 | 0.26x | $4.46 Billion | $17.41 Billion | $3.60 Billion | ▼ -8.2% |
| 2012 | 0.28x | $4.30 Billion | $15.40 Billion | $2.93 Billion | ▲ +17.1% |
| 2011 | 0.24x | $3.41 Billion | $14.30 Billion | $2.89 Billion | ▼ -44.8% |
| 2010 | 0.43x | $7.07 Billion | $16.39 Billion | $2.38 Billion | ▲ +38.2% |
| 2009 | 0.31x | $5.17 Billion | $16.57 Billion | $2.37 Billion | ▲ +52.4% |
| 2008 | 0.20x | $3.07 Billion | $14.97 Billion | $3.07 Billion | ▼ -5.7% |
| 2007 | 0.22x | $3.31 Billion | $15.25 Billion | $3.31 Billion | ▲ +13.0% |
| 2006 | 0.19x | $2.74 Billion | $14.25 Billion | $2.74 Billion | ▼ -13.3% |
| 2005 | 0.22x | $2.63 Billion | $11.88 Billion | $2.63 Billion | ▲ +13.4% |
| 2004 | 0.20x | $2.17 Billion | $11.13 Billion | $2.17 Billion | ▼ -8.5% |
| 2003 | 0.21x | $2.26 Billion | $10.60 Billion | $2.26 Billion | ▼ -16.8% |
| 2002 | 0.26x | $2.10 Billion | $8.18 Billion | $2.10 Billion | ▲ +31.5% |
| 2001 | 0.20x | $1.73 Billion | $8.86 Billion | $1.73 Billion | ▼ -22.1% |
| 2000 | 0.25x | $1.65 Billion | $6.56 Billion | $1.65 Billion | ▼ -28.8% |
| 1999 | 0.35x | $2.00 Billion | $5.68 Billion | $2.00 Billion | ▼ -65.2% |
| 1998 | 1.01x | $4.94 Billion | $4.89 Billion | $4.94 Billion | ▲ +215.7% |
| 1997 | 0.32x | $1.39 Billion | $4.34 Billion | $1.39 Billion | ▼ -9.2% |
| 1996 | 0.35x | $1.37 Billion | $3.89 Billion | $1.37 Billion | ▼ -5.0% |
| 1995 | 0.37x | $1.26 Billion | $3.38 Billion | $1.26 Billion | ▲ +17.9% |
| 1994 | 0.31x | $937.00 Million | $2.98 Billion | $937.00 Million | ▼ -30.0% |
| 1993 | 0.45x | $975.00 Million | $2.17 Billion | $975.00 Million | ▼ -12.7% |
| 1992 | 0.52x | $1.10 Billion | $2.14 Billion | $1.10 Billion | ▼ -12.6% |
| 1991 | 0.59x | $987.00 Million | $1.68 Billion | $987.00 Million | ▲ +17.6% |
| 1990 | 0.50x | $830.00 Million | $1.66 Billion | $830.00 Million | ▼ -16.5% |
| 1989 | 0.60x | $750.00 Million | $1.25 Billion | $750.00 Million | — |