Johnson & Johnson Returns by Year: 1971 to Present
Explore Johnson & Johnson returns by year from 1971 to present. Analyze the current-year return, 1-year, 3-year, 5-year, 10-year and 20-year returns, average historical returns, positive and negative market years, and long-term market performance using the interactive research explorer.
Research & Analysis by Kamal Khondkar • Quant Researcher • TradingNInvestment
Johnson & Johnson Historical Return Statistics
Historical Johnson & Johnson annual price-return statistics from 1971 to present, with the current year reported separately as year-to-date. (Market data through Oct 13, 2026)
Johnson & Johnson 1-Year, 3-Year, 5-Year, 10-Year and 20-Year Returns
Period returns are compounded from the latest completed calendar-year Johnson & Johnson price returns. Multi-year cards also show the annualized return for the same completed-year period.
Why Johnson & Johnson Is Unique
Johnson & Johnson (JNJ) is a Dow Jones Industrial Average and S&P 500 constituent focused on innovative medicines and medical technology. Its long-term performance reflects pharmaceutical innovation, healthcare demand, regulatory decisions, and capital allocation.
Its historical shareholder returns also reflect decades of dividends, acquisitions, and the 2023 separation of its consumer-health business, Kenvue.
How have these business dynamics translated into long-term shareholder returns? The historical data below provides the evidence.
JNJ vs. S&P 500 — Total Return
Growth of $10,000 · Dividends reinvested
Annual observations through the last completed calendar year. Each selected period is rebased to $10,000. Sources: Stock adjusted-close total-return series; TNI S&P 500 historical total-return dataset.
JNJ vs. S&P 500: Total Return Analysis
Over the maximum available period (1970–2025),JNJ generated a cumulative total return of +58805.4%, compared with +32999.3% for the S&P 500. JNJ outperformed the benchmark by 25806.0 percentage points. Both comparisons incorporate reinvested dividends.
Understanding Relative Performance
The distance between the two cumulative-return lines illustrates how JNJ's investment performance has diverged from the broader market. A widening positive gap indicates relative outperformance, while a narrowing or negative gap indicates weaker relative performance. Results depend on the investment horizon, so selecting another period may change the comparison.
What Investors Can Learn
JNJ represents exposure to a single company's business performance, competitive position, and valuation. The S&P 500 provides diversified exposure to large U.S. companies. Comparing their total returns helps distinguish company-specific investment outcomes from broad-market performance, although historical results do not predict future returns.
| Return Component | Ending Value | CAGR | Contribution |
|---|---|---|---|
| Price Return | $34,434 | 6.4% | 56.0% |
| Dividend + Reinvestment | +$27,070 | — | 44.0% |
| Total Return | $61,505 | 9.5% | 100.0% |
| Year | Price Wealth | Total Wealth | Dividend + Reinvestment | Contribution |
|---|---|---|---|---|
| 2006 | $10,985 | $11,243 | +$258 | 2.3% |
| 2007 | $11,098 | $11,650 | +$551 | 4.7% |
| 2008 | $9,955 | $10,751 | +$795 | 7.4% |
| ···2023 | $26,080 | $43,812 | +$17,732 | 40.5% |
| 2024 | $24,063 | $41,704 | +$17,641 | 42.3% |
| 2025 | $34,434 | $61,505 | +$27,070 | 44.0% |
Contribution % represents the share of ending total-return wealth associated with the difference between the dividend-reinvested total-return path and the price-only path. It is not the historical dividend yield.
Johnson & Johnson Annual Price Returns by Year
Johnson & Johnson vs. S&P 500 Returns
Annual price-return comparison across overlapping completed calendar years from 1971 through 2025. Excess return is Johnson & Johnson return minus S&P 500 return.
| Year | Johnson & Johnson | S&P 500 | Difference | Result |
|---|---|---|---|---|
| 2025 | +43.10% | +16.39% | +26.71% | Outperformed |
| 2024 | -7.73% | +23.31% | -31.04% | Underperformed |
| 2023 | -11.27% | +24.23% | -35.50% | Underperformed |
| 2022 | +3.26% | -19.44% | +22.70% | Outperformed |
| 2021 | +8.70% | +26.89% | -18.19% | Underperformed |
| 2020 | +7.89% | +16.26% | -8.37% | Underperformed |
| 2019 | +13.03% | +28.88% | -15.84% | Underperformed |
| 2018 | -7.64% | -6.24% | -1.40% | Underperformed |
| 2017 | +21.27% | +19.42% | +1.85% | Outperformed |
| 2016 | +12.16% | +9.54% | +2.62% | Outperformed |
Comparison uses calendar-year price returns over the common historical period. Current-year YTD performance is shown separately and is excluded from completed-year statistics.
JNJ vs S&P 500 Drawdowns
Drawdown measures the decline from a previous investment peak. For a daily leveraged ETF, drawdown helps show how leverage, volatility and compounding can change the depth of losses and the time required to recover.
How severe can a JNJ drawdown be?
In this synchronized JNJ–S&P 500 dataset, JNJ's maximum adjusted-close drawdown was -42.52%, compared with -56.78% for S&P 500.
A hypothetical $10,000 investment made at JNJ's prior peak would have fallen to approximately $5,748 at the trough. Recovering from that loss requires a subsequent gain of approximately 74% just to return to the previous peak.
The same comparison for S&P 500 would reduce $10,000 to approximately $4,322, requiring roughly 131% to recover. This illustrates why the magnitude of a percentage loss matters: the gain required to recover becomes increasingly large as drawdowns deepen. For a different long-term equity perspective, see TNI's Berkshire Hathaway historical returns.
From peak to recovery
The timeline of JNJ's deepest historical decline.
Drawdown perspective
JNJ declined from its May 3, 1983 peak to its lowest point on Jul 19, 1984. It regained that previous high on Jun 3, 1985, completing a decline-and-recovery cycle of 762 calendar days.
Source: Yahoo Finance (stock); TNI S&P 500 daily dataset. Drawdowns are calculated from synchronized daily adjusted-close observations from 1980-01-02 through 2026-10-12. Each series is measured from its own running peak over the identical comparison period. Past performance does not guarantee future results.
JNJ vs. ^GSPC
Rolling 10-Year Annualized Returns
Each point shows the annualized price return over the trailing 10 completed calendar years. Select a year to compare the long-term return for JNJ and ^GSPC.
Price-return comparison. Rolling results are calculated from annual calendar-year returns and exclude the current incomplete year. Hover or tap a year to inspect the values.
Use the TradingNInvestment Johnson & Johnson Returns Chart
Share the interactive chart, embed it in an article or website, download the annual-return data as CSV, or use the static research visualization subject to the usage terms below.
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Underlying market data may be subject to separate third-party data-provider terms. TradingNInvestment permission applies to TradingNInvestment's original visualization, presentation, analysis, and associated research materials and does not grant rights to third-party data.
Johnson & Johnson Annual Returns by Year: 1971 to Present
Showing 55 annual price-return observations for 1971–2025.
| Year | Johnson & Johnson Price Return | Return Category |
|---|---|---|
| 2025 | +43.10% | ≥10% |
| 2024 | -7.73% | Negative |
| 2023 | -11.27% | Negative |
| 2022 | +3.26% | 0% – <10% |
| 2021 | +8.70% | 0% – <10% |
| 2020 | +7.89% | 0% – <10% |
| 2019 | +13.03% | ≥10% |
| 2018 | -7.64% | Negative |
| 2017 | +21.27% | ≥10% |
| 2016 | +12.16% | ≥10% |
| 2015 | -1.77% | Negative |
| 2014 | +14.17% | ≥10% |
| 2013 | +30.66% | ≥10% |
| 2012 | +6.89% | 0% – <10% |
| 2011 | +6.03% | 0% – <10% |
| 2010 | -3.97% | Negative |
| 2009 | +7.66% | 0% – <10% |
| 2008 | -10.30% | Negative |
| 2007 | +1.03% | 0% – <10% |
| 2006 | +9.85% | 0% – <10% |
| 2005 | -5.23% | Negative |
| 2004 | +22.76% | ≥10% |
| 2003 | -3.82% | Negative |
| 2002 | -9.12% | Negative |
| 2001 | +12.50% | ≥10% |
| 2000 | +12.67% | ≥10% |
| 1999 | +11.18% | ≥10% |
| 1998 | +27.32% | ≥10% |
| 1997 | +32.41% | ≥10% |
| 1996 | +16.37% | ≥10% |
| 1995 | +56.16% | ≥10% |
| 1994 | +22.01% | ≥10% |
| 1993 | -11.14% | Negative |
| 1992 | -11.79% | Negative |
| 1991 | +59.58% | ≥10% |
| 1990 | +20.84% | ≥10% |
| 1989 | +39.50% | ≥10% |
| 1988 | +13.69% | ≥10% |
| 1987 | +14.10% | ≥10% |
| 1986 | +24.70% | ≥10% |
| 1985 | +45.67% | ≥10% |
| 1984 | -11.62% | Negative |
| 1983 | -17.63% | Negative |
| 1982 | +33.67% | ≥10% |
| 1981 | +11.65% | ≥10% |
| 1980 | +25.87% | ≥10% |
| 1979 | +7.46% | 0% – <10% |
| 1978 | -3.91% | Negative |
| 1977 | -1.60% | Negative |
| 1976 | -13.09% | Negative |
| 1975 | +10.97% | ≥10% |
| 1974 | -28.27% | Negative |
| 1973 | -13.60% | Negative |
| 1972 | +32.49% | ≥10% |
| 1971 | +72.81% | ≥10% |
Interactive Johnson & Johnson Return Statistics
Statistics below update with the selected filters. Average, median, best and worst annual returns use completed calendar years only, so the current YTD period does not distort historical annual statistics.
Johnson & Johnson Historical Returns: What the Available Market History Shows
The history of Johnson & Johnson returns shows how annual performance has varied across the available historical record.
This Johnson & Johnson yearly returns database contains 55 completed calendar years from 1971 through 2025, plus the current 2026 year-to-date observation.
Across those 55 completed years, the average annual Johnson & Johnson price return was +11.61%.
The median annual return was +10.97%.
Those summary statistics are useful, but the complete Johnson & Johnson annual-return history provides more detail about how yearly performance has varied across the available record.
Looking at individual annual observations makes it possible to compare yearly outcomes using the same verified historical dataset.
Positive Johnson & Johnson Years: Average Return +21.95%
One of the strongest findings in the historical Johnson & Johnson returns dataset is the frequency of non-negative calendar years.
Of the 55 completed calendar years, 37 were non-negative.
That represents 67.27% of all completed years in the historical dataset.
In other words, roughly two-thirds of the completed calendar-year observations finished at or above where they began.
Across those 37 non-negative years, the average annual Johnson & Johnson price return was +21.95%.
The median return among those non-negative years was +14.17%.
That median is useful because it shows that the positive-year average was not driven solely by a small number of extraordinary market gains.
Strongest Positive Johnson & Johnson Year
The strongest completed year in the entire dataset was 1971, when the Johnson & Johnson price return reached +72.81%.
For this research, a zero return is included in the non-negative group.
Negative Johnson & Johnson Years: Average Loss -9.64%
Negative years tell the other side of Johnson & Johnson performance history.
Across the same 55 completed calendar years, 18 years were negative.
That represents 32.73% of completed years.
Looking only at those 18 negative years, the average annual Johnson & Johnson price return was -9.64%.
The median negative-year return was -9.71%.
These figures show that a negative calendar year historically meant considerably more than simply finishing slightly below zero.
Worst Johnson & Johnson Year
The worst calendar year in the dataset was 1974, when the Johnson & Johnsonprice return fell -28.27%.
Negative calendar years occurred less frequently than non-negative calendar years, but several historical losses were substantial.
What Positive and Negative Johnson & Johnson Returns Show Together
Putting both groups together reveals one of the most important characteristics of historical Johnson & Johnson returns.
There were 37 non-negative completed years compared with 18 negative completed years.
The average return during the 37 non-negative years was +21.95%.
The average return during the 18 negative years was -9.64%.
Across all 55 completed years together, the average annual Johnson & Johnson price return was +11.61%.
The median annual return across the full historical period was +10.97%.
An investor rarely experiences the long-term historical average in any particular calendar year.
Instead, individual Johnson & Johnson annual returns can vary substantially around that average.
That is one reason the complete Johnson & Johnson historical returns by year table can be more informative than relying on a single long-term number.
What Does the Johnson & Johnson Average Return of +11.61% Mean?
Across the 55 completed calendar years in this dataset, the arithmetic Johnson & Johnson average return was +11.61% per completed calendar year.
This is the arithmetic average of the individual annual price returns in the historical dataset.
It does not mean the market gained exactly 11.61% in a typical year.
Individual Johnson & Johnson yearly returns frequently differed substantially from that number.
The median annual return of +10.97% provides a second way to evaluate the distribution.
Looking at both the average and median gives readers more information about historical Johnson & Johnson returns than either statistic provides by itself.
These figures represent Johnson & Johnson price returns, not total returns.
Johnson & Johnson 3-Year Return View
The current Johnson & Johnson 3-year return view covers 2024 through 2026 YTD.
Within that window, there are 2 completed calendar years.
The average annual price return across those completed years was +17.68%.
The median annual return was +17.68%.
1 of the 2 completed years were non-negative, representing 50.00% of completed observations.
1 completed year was negative, representing 50.00%.
The strongest completed year in the period was 2025 at +43.10%.
The weakest completed year was 2024 at -7.73%.
The current 2026 YTD return of +21.15% remains separate from those completed-year statistics.
3-Year Average Return Is Not the Same as 3-Year CAGR
The +17.68% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 3-year cumulative return or compound annual growth rate.
A true 3-year cumulative return or CAGR requires a different calculation.
This completed-year sample can be compared with the full 55-year historical record when interpreting recent-period results.
Johnson & Johnson 5-Year Return View
The current Johnson & Johnson 5-year return view covers 2022 through 2026 YTD.
Within that window, there are 4 completed calendar years.
The average annual price return across those completed years was +6.84%.
The median annual return was -2.24%.
2 of the 4 completed years were non-negative, representing 50.00% of completed observations.
2 completed years were negative, representing 50.00%.
The strongest completed year in the period was 2025 at +43.10%.
The weakest completed year was 2023 at -11.27%.
The current 2026 YTD return of +21.15% remains separate from those completed-year statistics.
5-Year Average Return Is Not the Same as 5-Year CAGR
The +6.84% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 5-year cumulative return or compound annual growth rate.
A true 5-year cumulative return or CAGR requires a different calculation.
This completed-year sample can be compared with the full 55-year historical record when interpreting recent-period results.
Johnson & Johnson 10-Year Return View
The current Johnson & Johnson 10-year return view covers 2017 through 2026 YTD.
Within that window, there are 9 completed calendar years.
The average annual price return across those completed years was +7.85%.
The median annual return was +7.89%.
6 of the 9 completed years were non-negative, representing 66.67% of completed observations.
3 completed years were negative, representing 33.33%.
The strongest completed year in the period was 2025 at +43.10%.
The weakest completed year was 2023 at -11.27%.
The current 2026 YTD return of +21.15% remains separate from those completed-year statistics.
10-Year Average Return Is Not the Same as 10-Year CAGR
The +7.85% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 10-year cumulative return or compound annual growth rate.
A true 10-year cumulative return or CAGR requires a different calculation.
This completed-year sample can be compared with the full 55-year historical record when interpreting recent-period results.
Johnson & Johnson 20-Year Return View
The current Johnson & Johnson 20-year return view covers 2007 through 2026 YTD.
Within that window, there are 19 completed calendar years.
The average annual price return across those completed years was +7.01%.
The median annual return was +6.89%.
13 of the 19 completed years were non-negative, representing 68.42% of completed observations.
6 completed years were negative, representing 31.58%.
The strongest completed year in the period was 2025 at +43.10%.
The weakest completed year was 2023 at -11.27%.
The current 2026 YTD return of +21.15% remains separate from those completed-year statistics.
20-Year Average Return Is Not the Same as 20-Year CAGR
The +7.01% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 20-year cumulative return or compound annual growth rate.
A true 20-year cumulative return or CAGR requires a different calculation.
This completed-year sample can be compared with the full 55-year historical record when interpreting recent-period results.
Best and Worst Johnson & Johnson Annual Returns
The strongest calendar-year price return in the dataset occurred in 1971 at +72.81%.
The worst annual price return occurred in 1974 at -28.27%.
These extremes are far removed from the full-dataset Johnson & Johnson average return of +11.61%.
Johnson & Johnson Price Return vs. Total Return
Understanding the type of return used on this page is essential.
The historical figures presented here are Johnson & Johnson price returns.
Price return measures the change in the market price of the asset between periods.
The figures on this page do not include dividends.
Therefore, these results should not be interpreted as Johnson & Johnson total returns.
A total-return series would incorporate dividends or other distributions according to the methodology of that series.
The chart, historical table, filters, and statistics on this page represent Johnson & Johnson price performance only.
Johnson & Johnson Return 2026 YTD
The current dataset shows the Johnson & Johnson return for 2026 at +21.15% YTD through Oct 13, 2026.
Unlike the completed historical calendar-year observations, 2026 is still in progress.
TradingNInvestment therefore displays the 2026 YTD return separately.
It is excluded from calculations such as the historical average, median, best completed year, and worst completed year.
This prevents a partial-year observation from being treated as though it were directly comparable with a completed calendar year.
The 2026 YTD result can change when the underlying verified market data is updated.
Why the Median Johnson & Johnson Annual Return Matters
Average return is one of the most commonly quoted historical stock market statistics.
But the median provides useful additional information.
Across the 55 completed years, the median annual Johnson & Johnson price return was +10.97%, compared with an average of +11.61%.
The difference indicates that the distribution of historical annual returns is not perfectly symmetrical.
Large negative years can pull the arithmetic average downward.
Average, median, positive-year frequency, negative-year frequency, best year, and worst year together provide a more complete view of historical Johnson & Johnson returns.
No single statistic captures the entire history.
How Often Have Johnson & Johnson Returns Been Positive?
The dataset contains 37 non-negative years out of 55 completed years.
That corresponds to 67.27% of completed calendar years.
This is a historical frequency, not a probability forecast.
It would be incorrect to say that Johnson & Johnson has a 67.27% probability of rising next year simply because 67.27% of these historical observations were non-negative.
Future market conditions can differ substantially from historical conditions.
The statistic describes what occurred across the observed period, not what must happen in the future.
Why Study Historical Johnson & Johnson Returns?
Historical Johnson & Johnson returns provide context that recent performance alone cannot provide.
A large gain or decline can appear unusual when viewed only against the most recent observations.
Comparing the current period with the available historical distribution helps show how it relates to earlier outcomes.
Historical returns can help investors, researchers, students, and analysts examine how annual performance has varied through the available record.
They can also reduce the tendency to use only recent performance as the reference point for evaluating the current year.
How to Use the Johnson & Johnson Return Explorer
The TradingNInvestment Return Explorer is designed to make historicalJohnson & Johnson returns easier to investigate.
Instead of presenting only a static chart, the tool allows readers to filter the same verified annual-return dataset.
Readers can examine all available years, non-negative years, negative years, and available historical periods.
The chart, annual-returns table, and summary statistics update from the same selected data.
Readers interested in downside history can examine the 18 negative calendar years in the completed-year dataset.
Readers studying non-negative historical performance can examine the 37 non-negative calendar years in the completed-year dataset.
When sufficient history is available, readers can also use the available period views to focus on more recent performance.
The purpose is not to predict the next Johnson & Johnson return, but to make the available historical observations easier to explore and understand.
Reading Johnson & Johnson Performance History in Context
One of the biggest risks when studying historical returns is selecting a period that confirms an existing belief.
A short period can appear exceptionally strong or exceptionally weak depending on its starting and ending years.
Using the broader available Johnson & Johnson history provides additional context for interpreting shorter periods.
Different historical windows can produce different average returns, frequencies of positive and negative years, and extreme outcomes.
None of those periods is inherently the single correct measure of historical performance. They answer different questions about different parts of the available record.
This is why TradingNInvestment provides both the available historical series and interactive period filters.
What the Available Johnson & Johnson Return History Shows
The dataset contains 55 completed calendar years of Johnson & Johnson price-return observations.
Of those completed years, 37 were non-negative and 18 were negative.
When completed years were non-negative, the average annual return was +21.95%.
When completed years were negative, the average annual return was -9.64%.
The strongest completed calendar year in the dataset was 1971 at +72.81%, while the weakest was 1974 at -28.27%.
The overall average annual Johnson & Johnson price return across the 55 completed calendar years was +11.61%.
Together, these statistics provide a broader view of the historical return distribution than the average alone.
The complete Johnson & Johnson annual-return dataset allows readers to examine the individual yearly observations behind the summary statistics.
TradingNInvestment aims to make market history simple to read, easy to understand, and rigorous enough to support serious market research.
Johnson & Johnson Historical Returns Research
This TNI research page examines Johnson & Johnson annual price returns by calendar year. The published dataset covers 1971–2025and separates completed historical years from current-year performance.
Annual price return is calculated from the final available closing price of each calendar year relative to the final available closing price of the prior calendar year. The page provides the year-by-year dataset, historical statistics, interactive visualization, and research methodology.
Johnson & Johnson Stock Returns FAQ
Frequently asked questions based on TNI's verified historical annual-return dataset.
What is Johnson & Johnson's historical average annual return?
Across 55 completed calendar years, Johnson & Johnson's average annual johnson & johnson price return was +11.61%. The current partial year is excluded from this historical average.
What is Johnson & Johnson's 5-year return?
Over the latest five completed calendar years (2021–2025), Johnson & Johnson produced a cumulative return of +31.50%, equivalent to an annualized return of +5.63%.
What is Johnson & Johnson's 10-year return?
Over the latest ten completed calendar years (2016–2025), Johnson & Johnson produced a cumulative return of +101.47%, equivalent to an annualized return of +7.26%.
How often has Johnson & Johnson had a non-negative year?
Johnson & Johnson had a non-negative annual return in 37 of 55 completed calendar years, or 67.27% of the historical observations in this dataset.
What were Johnson & Johnson's best and worst years?
Johnson & Johnson's strongest completed calendar year in this dataset was 1971, with a return of +72.81%. Its weakest was 1974, with a return of -28.27%.
How does Johnson & Johnson compare with the S&P 500?
The S&P 500 comparison on this page places Johnson & Johnson's annual price returns beside the benchmark on a year-by-year basis. This keeps the comparison on the same price-return basis rather than mixing price return with dividend-adjusted total return.
How the annual returns are calculated
Annual price return is calculated using the final available close of each calendar year relative to the final available close of the prior calendar year. The current calendar year is shown as YTD and is excluded from completed-year summary statistics.
Data Source: Yahoo Finance — Johnson & Johnson (JNJ). Return Type: Johnson & Johnson Price Return.
Historical Returns Tell You What Happened Before. See What Is Happening Now.
Historical Johnson & Johnson returns provide context for long-term market performance, strong years, drawdowns, and changing market conditions. TNI Intelligence tracks current market-moving news and live market intelligence as conditions change.
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