Johnson & Johnson (JNJ) — Free Cash Flow Generation Index
Johnson & Johnson (JNJ) has a Free Cash Flow Generation Index of 0.91x as of September 2025. Free cash flow of $8.38 Billion represents 1% of operating cash flow ($9.17 Billion). See working capital to net assets of Johnson & Johnson to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Johnson & Johnson Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Johnson & Johnson across 36 annual periods. Explore Johnson & Johnson (JNJ) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Johnson & Johnson (1989–2024)
Year-by-year Free Cash Flow Generation Index for Johnson & Johnson. For the full company profile including market capitalisation, see market cap of Johnson & Johnson.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.82x | $19.84 Billion | $24.27 Billion | $4.42 Billion | ▲ +2.1% |
| 2023 | 0.80x | $18.25 Billion | $22.79 Billion | $4.54 Billion | ▼ -1.3% |
| 2022 | 0.81x | $17.18 Billion | $21.19 Billion | $4.01 Billion | ▼ -3.9% |
| 2021 | 0.84x | $19.76 Billion | $23.41 Billion | $3.65 Billion | ▼ -1.6% |
| 2020 | 0.86x | $20.19 Billion | $23.54 Billion | $3.35 Billion | ▲ +0.8% |
| 2019 | 0.85x | $19.92 Billion | $23.42 Billion | $3.50 Billion | ▲ +1.9% |
| 2018 | 0.83x | $18.53 Billion | $22.20 Billion | $3.67 Billion | ▼ -1.1% |
| 2017 | 0.84x | $17.78 Billion | $21.06 Billion | $3.28 Billion | ▲ +2.0% |
| 2016 | 0.83x | $15.54 Billion | $18.77 Billion | $3.23 Billion | ▲ +0.9% |
| 2015 | 0.82x | $15.82 Billion | $19.28 Billion | $3.46 Billion | ▲ +2.7% |
| 2014 | 0.80x | $14.76 Billion | $18.47 Billion | $3.71 Billion | ▲ +0.7% |
| 2013 | 0.79x | $13.82 Billion | $17.41 Billion | $3.60 Billion | ▼ -2.0% |
| 2012 | 0.81x | $12.46 Billion | $15.40 Billion | $2.93 Billion | ▲ +1.5% |
| 2011 | 0.80x | $11.40 Billion | $14.30 Billion | $2.89 Billion | ▼ -6.7% |
| 2010 | 0.85x | $14.00 Billion | $16.39 Billion | $2.38 Billion | ▼ -0.3% |
| 2009 | 0.86x | $14.21 Billion | $16.57 Billion | $2.37 Billion | ▲ +7.8% |
| 2008 | 0.80x | $11.91 Billion | $14.97 Billion | $3.07 Billion | ▲ +1.6% |
| 2007 | 0.78x | $11.94 Billion | $15.25 Billion | $3.31 Billion | ▼ -3.1% |
| 2006 | 0.81x | $11.51 Billion | $14.25 Billion | $2.74 Billion | ▲ +3.8% |
| 2005 | 0.78x | $9.24 Billion | $11.88 Billion | $2.63 Billion | ▼ -3.3% |
| 2004 | 0.80x | $8.96 Billion | $11.13 Billion | $2.17 Billion | ▲ +2.3% |
| 2003 | 0.79x | $8.33 Billion | $10.60 Billion | $2.26 Billion | ▲ +5.8% |
| 2002 | 0.74x | $6.08 Billion | $8.18 Billion | $2.10 Billion | ▼ -7.6% |
| 2001 | 0.80x | $7.13 Billion | $8.86 Billion | $1.73 Billion | ▲ +7.4% |
| 2000 | 0.75x | $4.92 Billion | $6.56 Billion | $1.65 Billion | ▲ +15.6% |
| 1999 | 0.65x | $3.68 Billion | $5.68 Billion | $2.00 Billion | ▲ +5855.5% |
| 1998 | -0.01x | $-55.00 Million | $4.89 Billion | $4.94 Billion | ▼ -101.7% |
| 1997 | 0.68x | $2.95 Billion | $4.34 Billion | $1.39 Billion | ▲ +5.0% |
| 1996 | 0.65x | $2.52 Billion | $3.89 Billion | $1.37 Billion | ▲ +2.9% |
| 1995 | 0.63x | $2.13 Billion | $3.38 Billion | $1.26 Billion | ▼ -8.2% |
| 1994 | 0.69x | $2.04 Billion | $2.98 Billion | $937.00 Million | ▲ +24.5% |
| 1993 | 0.55x | $1.19 Billion | $2.17 Billion | $975.00 Million | ▲ +13.5% |
| 1992 | 0.48x | $1.04 Billion | $2.14 Billion | $1.10 Billion | ▲ +18.0% |
| 1991 | 0.41x | $688.00 Million | $1.68 Billion | $987.00 Million | ▼ -17.7% |
| 1990 | 0.50x | $827.00 Million | $1.66 Billion | $830.00 Million | ▲ +24.8% |
| 1989 | 0.40x | $500.00 Million | $1.25 Billion | $750.00 Million | — |