This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
The historical rank and industry rank for Johnson & Johnson's 3-Year Average Share Buyback Ratio or its related term are showing as below:
NYSE:JNJ'
s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -4.3 Med: 0.8 Max: 3.4
Current: 0.6
-4.3
-
3.4
During the past years, Johnson & Johnson's highest 3-Year Average Share Buyback Ratio was 3.40. The lowest was -4.30. And the median was 0.80.
NYSE:JNJ's 3-Year Average Share Buyback Ratio is ranked higher than
86% of the 127
Companies
in the Drug Manufacturers industry.
( Industry Median: -7.90
vs. NYSE:JNJ: 0.60
)
Johnson & Johnson 3-Year Average Share Buyback Ratio Historical Data
The historical data trend for Johnson & Johnson's 3-Year Average Share Buyback Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Johnson & Johnson Annual Data
Trend
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
3-Year Average Share Buyback Ratio
-
-
-
-
-
Johnson & Johnson Quarterly Data
Sep16
Dec16
Mar17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
3-Year Average Share Buyback Ratio
-
-
-
-
-
Competitive Comparison
For the Drug Manufacturers - General subindustry, Johnson & Johnson's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Johnson & Johnson 3-Year Average Share Buyback Ratio Distribution
For the Drug Manufacturers industry and Healthcare sector, Johnson & Johnson's 3-Year Average Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Johnson & Johnson's 3-Year Average Share Buyback Ratio falls into.
Johnson & Johnson 3-Year Average Share Buyback Ratio Calculation
This is the average share buyback rate of the company over the past 3 years.
Johnson & Johnson (NYSE:JNJ) 3-Year Average Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Johnson & Johnson 3-Year Average Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Johnson & Johnson's 3-Year Average Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Johnson & Johnson is the world's largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women's health. Geographically, just over half of total sales are generated in the United States.
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