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Valuation and fundamentals watch: JNJ near $259.60 — FY2026 Q1 ending 2026-03-29.

2026-07-23·global-stock-valuation-20260723-jnj
Valuation and fundamentals watch: JNJ near $259.60 — FY2026 Q1 ending 2026-03-29.

Comparable-period growth: revenue +9.9% YoY; net income -52.4% YoY; diluted EPS -52.9% YoY.

Quality check: net margin 21.8% (-2848 bp YoY); YTD SEC free-cash-flow proxy $1.47B (-56.6% YoY).

Valuation snapshot: trailing P/E 30.2x; forward P/E 20.2x; EV/EBITDA 18.6x; P/S 6.4x.

Latest reported EPS beat consensus by 1.6%.

Read-through: EPS growth lagged revenue growth, indicating weaker earnings conversion; top-line growth did not translate into margin expansion; forward P/E is materially below trailing P/E, implying higher expected earnings. This is a data observation, not a recommendation.

#Stocks #Earnings #Fundamentals #JNJ

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