Johnson & Johnson (JNJ) — Financial Flexibility Index
Johnson & Johnson (JNJ) has a Financial Flexibility Index of 0.09x as of September 2025. Free cash flow of $9.96 Billion (operating CF $9.17 Billion minus capex $788.00 Million) represents 0% of total liabilities ($113.54 Billion). Also explore Johnson & Johnson equity growth rate to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Johnson & Johnson Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Johnson & Johnson across 36 annual periods. Check JNJ strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Johnson & Johnson (1989–2024)
Year-by-year free cash flow to debt coverage for Johnson & Johnson. For the full company profile including market capitalisation, see JNJ market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.26x | $28.69 Billion | $24.27 Billion | $108.61 Billion | ▼ -4.5% |
| 2023 | 0.28x | $27.33 Billion | $22.79 Billion | $98.78 Billion | ▲ +21.4% |
| 2022 | 0.23x | $25.20 Billion | $21.19 Billion | $110.57 Billion | ▼ -9.0% |
| 2021 | 0.25x | $27.06 Billion | $23.41 Billion | $108.00 Billion | ▲ +4.0% |
| 2020 | 0.24x | $26.88 Billion | $23.54 Billion | $111.62 Billion | ▼ -12.1% |
| 2019 | 0.27x | $26.91 Billion | $23.42 Billion | $98.26 Billion | ▼ -1.3% |
| 2018 | 0.28x | $25.87 Billion | $22.20 Billion | $93.20 Billion | ▲ +10.8% |
| 2017 | 0.25x | $24.34 Billion | $21.06 Billion | $97.14 Billion | ▼ -19.4% |
| 2016 | 0.31x | $21.99 Billion | $18.77 Billion | $70.79 Billion | ▼ -14.9% |
| 2015 | 0.37x | $22.74 Billion | $19.28 Billion | $62.26 Billion | ▲ +1.0% |
| 2014 | 0.36x | $22.18 Billion | $18.47 Billion | $61.37 Billion | ▲ +0.9% |
| 2013 | 0.36x | $21.01 Billion | $17.41 Billion | $58.63 Billion | ▲ +10.5% |
| 2012 | 0.32x | $18.33 Billion | $15.40 Billion | $56.52 Billion | ▲ +6.7% |
| 2011 | 0.30x | $17.19 Billion | $14.30 Billion | $56.56 Billion | ▼ -25.0% |
| 2010 | 0.41x | $18.77 Billion | $16.39 Billion | $46.33 Billion | ▼ -5.7% |
| 2009 | 0.43x | $18.94 Billion | $16.57 Billion | $44.09 Billion | ▲ +0.9% |
| 2008 | 0.43x | $18.04 Billion | $14.97 Billion | $42.40 Billion | ▼ -13.7% |
| 2007 | 0.49x | $18.56 Billion | $15.25 Billion | $37.63 Billion | ▼ -9.3% |
| 2006 | 0.54x | $16.99 Billion | $14.25 Billion | $31.24 Billion | ▼ -24.5% |
| 2005 | 0.72x | $14.51 Billion | $11.88 Billion | $20.15 Billion | ▲ +16.3% |
| 2004 | 0.62x | $13.31 Billion | $11.13 Billion | $21.50 Billion | ▲ +3.0% |
| 2003 | 0.60x | $12.86 Billion | $10.60 Billion | $21.39 Billion | ▲ +4.5% |
| 2002 | 0.58x | $10.28 Billion | $8.18 Billion | $17.86 Billion | ▼ -22.6% |
| 2001 | 0.74x | $10.60 Billion | $8.86 Billion | $14.26 Billion | ▲ +25.4% |
| 2000 | 0.59x | $8.21 Billion | $6.56 Billion | $13.85 Billion | ▼ 0.0% |
| 1999 | 0.59x | $7.68 Billion | $5.68 Billion | $12.95 Billion | ▼ -20.3% |
| 1998 | 0.74x | $9.83 Billion | $4.89 Billion | $13.21 Billion | ▲ +17.9% |
| 1997 | 0.63x | $5.73 Billion | $4.34 Billion | $9.09 Billion | ▲ +9.9% |
| 1996 | 0.57x | $5.26 Billion | $3.89 Billion | $9.17 Billion | ▲ +9.2% |
| 1995 | 0.53x | $4.64 Billion | $3.38 Billion | $8.83 Billion | ▲ +14.8% |
| 1994 | 0.46x | $3.91 Billion | $2.98 Billion | $8.55 Billion | ▼ -2.8% |
| 1993 | 0.47x | $3.14 Billion | $2.17 Billion | $6.67 Billion | ▼ -2.5% |
| 1992 | 0.48x | $3.24 Billion | $2.14 Billion | $6.71 Billion | ▼ -11.3% |
| 1991 | 0.54x | $2.66 Billion | $1.68 Billion | $4.89 Billion | ▲ +0.9% |
| 1990 | 0.54x | $2.49 Billion | $1.66 Billion | $4.61 Billion | ▲ +1.8% |
| 1989 | 0.53x | $2.00 Billion | $1.25 Billion | $3.77 Billion | — |