JNJ vs LLY
Johnson & Johnson and ELI Lilly & Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | JNJ | LLY |
|---|---|---|
| Revenue | $94.2B | $65.2B |
| Net income | $26.8B | $20.6B |
| Gross margin | 67.9% | 83.0% |
| Net margin | 28.5% | 31.7% |
| Return on equity | 35.0% | 101.2% |
| Diluted EPS | $11.03 | $22.95 |
| Dividend / share | $5.14 | $6.23 |
| Payout ratio | · | 26.1% |
| Free cash flow | $19.7B | · |
| Equity | · | $26.5B |
| Net debt / equity | 0.27× | 1.33× |
| Current ratio | 1.03× | 1.58× |
| Revenue CAGR 5y | 2.7% | 21.6% |
| Profit CAGR 5y | 12.7% | 27.2% |
JNJ bills 1.4× the revenue of LLY, and LLY keeps more of each dollar of revenue as profit (31.7% against 28.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | JNJ | LLY |
|---|---|---|
| FY2025 | $94.2B | $65.2B |
| FY2024 | $88.8B | $45.0B |
| FY2023 | $85.2B | $34.1B |
| FY2022 | $80.0B | $28.5B |
| FY2021 | $78.7B | $28.3B |
| FY2020 | $82.6B | $24.5B |
| FY2019 | $82.1B | $22.3B |
| FY2018 | $81.6B | $21.5B |
| FY2017 | $76.5B | $20.0B |
| FY2016 | $71.9B | $21.2B |
Bottom line
| Fiscal year | JNJ | LLY |
|---|---|---|
| FY2025 | $26.8B | $20.6B |
| FY2024 | $14.1B | $10.6B |
| FY2023 | $35.2B | $5.2B |
| FY2022 | $17.9B | $6.2B |
| FY2021 | $20.9B | $5.6B |
| FY2020 | $14.7B | $6.2B |
| FY2019 | $15.1B | $8.3B |
| FY2018 | $15.3B | $3.2B |
| FY2017 | $1.3B | $-204.1M |
| FY2016 | $16.5B | $2.7B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$29,014,000,000 | JNJ |
| FY2024 | +$43,778,000,000 | JNJ |
| FY2023 | +$51,035,000,000 | JNJ |
| FY2022 | +$51,448,600,000 | JNJ |
| FY2021 | +$50,421,600,000 | JNJ |
| FY2020 | +$58,044,200,000 | JNJ |
| FY2019 | +$59,739,500,000 | JNJ |
| FY2018 | +$60,087,700,000 | JNJ |
| FY2017 | +$56,476,200,000 | JNJ |
| FY2016 | +$50,667,900,000 | JNJ |
| FY2015 | +$50,115,300,000 | JNJ |
| FY2014 | +$54,715,400,000 | JNJ |
| FY2013 | +$48,198,900,000 | JNJ |
| FY2012 | +$44,620,600,000 | JNJ |
| FY2011 | +$40,743,500,000 | JNJ |
| FY2010 | +$38,511,000,000 | JNJ |
| FY2009 | +$40,061,000,000 | JNJ |
| FY2008 | +$43,375,100,000 | JNJ |
| FY2007 | +$42,461,500,000 | JNJ |
JNJ has reported the higher revenue in every one of these 19 fiscal years. The gap has narrowed since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.2 pp | LLY |
| FY2024 | −7.7 pp | LLY |
| FY2023 | +25.9 pp | JNJ |
| FY2022 | +0.5 pp | JNJ |
| FY2021 | +6.8 pp | JNJ |
| FY2020 | −7.4 pp | LLY |
| FY2019 | −18.8 pp | LLY |
| FY2018 | +3.7 pp | JNJ |
| FY2017 | +2.7 pp | JNJ |
| FY2016 | +10.1 pp | JNJ |
| FY2015 | +9.9 pp | JNJ |
| FY2014 | +9.8 pp | JNJ |
| FY2013 | −0.9 pp | LLY |
| FY2012 | −2.4 pp | LLY |
| FY2011 | −3.0 pp | LLY |
| FY2010 | −0.3 pp | LLY |
| FY2009 | −0.0 pp | LLY |
| FY2008 | +30.5 pp | JNJ |
| FY2007 | +1.5 pp | JNJ |
The higher net margin has changed hands between JNJ and LLY over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LLY's net margin has been more volatile than JNJ's over the 19 comparable fiscal years — 10.1 percentage points of standard deviation against 7.3.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between JNJ and LLY over these 19 fiscal years — JNJ led in 10 and LLY in 9.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LLY's return on equity has been more volatile than JNJ's over the 18 comparable fiscal years — 44.6 percentage points of standard deviation against 8.8.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between JNJ and LLY over these 18 fiscal years — JNJ led in 5 and LLY in 13.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.