In 2021, Johnson & Johnson’s total sales will be $93.8 billion, an increase of 13.6% year-over-year. Of this total, Johnson & Johnson Consumer Health sales were $14.635 billion, an increase of 4.1% year-over-year.
On the evening of January 25, Johnson & Johnson announced its financial results for the fourth quarter of 2021 and full year 2021. The data showed that under GAAP guidelines, Johnson & Johnson’s total sales for 2021 were $93.8 billion, up 13.6% year-over-year. Its net income reached $20.878 billion, up 41.9% year-over-year.
In the fourth quarter of 2021, under GAAP guidelines, Johnson & Johnson sales achieved $24.8 billion, up 10.4 percent from the same period last year, which was less than market expectations. Its net earnings was $4.736 billion, up 172.5 percent year on year.
By region, Johnson & Johnson’s fourth quarter sales in the U.S. region reached $ 12.163 billion, up 3% year on year. International sales reached $12.641 billion, up 18.5%. U.S. sales’ full-year 2021 achieved $ 47.156 billion, up 9.3% year on year. International sales achieved $46.619 billion, up 18.2% year on year.
In the perspective of business, Johnson & Johnson sales of consumer health business in fourth quarter reached $3.657 billion, up 1.1% year on year. Pharmaceutical business sales reached $14.288 billion, up 16.5% year on year. Medical device business sales reached $6.859 billion, up 4.1% year on year. 2021 full-year Johnson & Johnson consumer health sales achieved $14.635 billion, up 4.1% year on year. Pharmaceutical business sales reached $52.08 billion, up 14.3% year on year. Medical device business sales achieved $27.06 billion, up 17.9% year on year.
In addition, Johnson & Johnson Consumer Health reported a 3.8% increase in global adjusted operating sales, driven by over-the-counter (OTC) products and Neutrogena and AVEENO products in skin health and beauty products. This was primarily due to market recovery following the outbreak, with growth partially offset by external supply constraints that primarily impacted skin health, beauty.
