Johnson & Johnson

JNJ
Sector

Healthcare

Industry

Drug Manufacturers - General

Market Cap

$359.99B

Employees

131.9K

Company Overview

Johnson & Johnson is a healthcare company that manufactures and sells a wide range of products, including pharmaceuticals, medical devices, and consumer healthcare products. Its primary revenue streams are derived from sales to retailers, wholesalers, distributors, hospitals, and healthcare professionals. The company holds a leading market position in many of its product categories due to its strong brand recognition, extensive research and development capabilities, and global reach.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Worldwide sales increased by 2.3% to $21.4 billion, driven by a 3.9% operational growth. However, currency fluctuations negatively impacted sales by 1.6%. This indicates underlying strength but also vulnerability to external economic factors.

Net earnings for Q1 2024 were $3.255 billion, a significant improvement from a net loss of $68 million in Q1 2023. This reflects positive operational performance and successful cost management.

While net earnings improved significantly, a detailed analysis of margins across different segments is needed to assess the overall profitability trend. Further investigation into the impact of cost optimization initiatives is required.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights