Debt-to-Equity Ratio
Updated 32h ago
Sector Performance
46th percentileJNJ
0.68x
Sector Median
0.73x
Sector Avg
0.09x
Deep Analysis
JNJ’s debt-to-equity ratio of 0.68x means the company uses $0.68 of debt for every $1.00 of shareholders’ equity – a measure of financial leverage.
This is below the sector median of 0.73x, placing JNJ in the 46th percentile among its peers, indicating slightly lower leverage than the typical company in its group. Trend data is not available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and no historical values beyond the current quarter are provided. Without a trend, an investor cannot assess whether leverage is rising or falling, which makes it harder to judge if current debt levels are stable or shifting. The combination of a below-median debt ratio with no trend data suggests a neutral risk profile on leverage, but it does not point to any clear opportunity or warning. This metric alone supports the overall CAUTIOUS verdict only in the sense that it provides no positive catalyst – the lack of trend information reinforces the need for caution in relying on this single data point.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about JNJ?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are JNJ's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.68x
Sector Median
0.73x
Sector Avg
0.09x
How JNJ's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.