Meridian
Universe

JNJ · CIK 0000200406 · FY2025 live · 2025-12-28

JOHNSON & JOHNSON

GreySEC 10-KClassic ZHealthcare81st percentile in Healthcare · 736 names

View as

Model

Classic Z

FY2025

2.62

Zone

Grey

vs FY2024

+0.18

Market DD

1y PD

2.62

Z″ 4.64

−21.83.08+

Score 2.62 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.01
    1.2 × = 0.01
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.85
    1.4 × = 1.19
  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    0.16
    3.3 × = 0.54
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    0.69
    0.6 × = 0.42
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.47
    1 × = 0.47

Five-year path

Z plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.

Meridian Rank

73.40

from 54.40

0–100 · Classic Z family

  • Book standing

    74

  • Year change

    59

  • Market PD

  • O-score

    91

Events on this name

Same published rows as Today.

  • Weaker in 2 consecutive annual prints (FY2024–FY2025)

    material · 58

    • Consecutive weaker prints: — → 2
    • From FY: — → 2024
    • Through FY: — → 2025
    • Live score: 2.44 → 2.09

Overview

rule-v1

JOHNSON & JOHNSON is on classic Z at 2.62 (grey) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. Versus FY2024 the live print is still grey (+0.18 from 2.44). No market tape loaded. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

Book screen Grey; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 81st percentile in Healthcare.

Filing line items

Current assets

$55.6B

Total assets

$199.2B

Current liabilities

$54.1B

Total liabilities

$117.7B

Working capital

$1.5B

Retained earnings

$169.0B

EBIT

$32.6B

Total sales

$94.2B

Book equity

$81.5B

Accession 0000200406-26-000016. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-28). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.