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JOHNSON & JOHNSON Interest Expense 2007-2024 | JNJ

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is JOHNSON & JOHNSON's current interest expense?

JOHNSON & JOHNSON (JNJ) annual interest expense for 2023 was $276.0M, a 50.82% increase from 2022. JOHNSON & JOHNSON interest expense for the quarter ending March 31, 2024 was $155.0M.

What was JOHNSON & JOHNSON's interest expense in 2022?

JOHNSON & JOHNSON annual interest expense for 2022 was $183.0M, a 8.96% decline from 2021.

What was JOHNSON & JOHNSON's interest expense in 2021?

JOHNSON & JOHNSON annual interest expense for 2021 was $201.0M, a 36.79% decline from 2019.

What is JOHNSON & JOHNSON's 5-year interest expense CAGR?

JOHNSON & JOHNSON interest expense grew at a compound annual growth rate (CAGR) of 22.78% from FY2018 to FY2023, going from $1.00B to $276.0M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR-21.6%
FY2017
$934.0M
FY2023
$276.0M
0708101112131416171819212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$276.0M+50.8%10-K
FY2022$183.0M-9.0%10-K
FY2021$201.0M-36.8%10-K
FY2019$318.0M-68.4%10-K
FY2018$1.00B+7.6%10-K
FY2017$934.0M+69.2%10-K
FY2016$552.0M+3.6%10-K
FY2014$533.0M+10.6%10-K
FY2013$482.0M-9.4%10-K
FY2012$532.0M+16.9%10-K
FY2011$455.0M+0.9%10-K
FY2010$451.0M+3.7%10-K
FY2008$435.0M+47.0%10-K
FY2007$296.0M-10-K
Company: JOHNSON & JOHNSONTicker: JNJSector: HealthcareIndustry: Pharmaceutical PreparationsView company profile →