GRFS vs. JNJ
GRFS (Grifols, S.A.) and JNJ (Johnson & Johnson) are both stocks. Both operate in the Drug Manufacturers - General industry within the Healthcare sector. Over the past 10 years, GRFS returned -6.28%/yr vs 10.15%/yr for JNJ. At a 0.23 correlation, their price movements are largely independent.
Performance
GRFS vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, GRFS achieves a -22.14% return, which is significantly lower than JNJ's 13.00% return. Over the past 10 years, GRFS has underperformed JNJ with an annualized return of -6.28%, while JNJ has yielded a comparatively higher 10.15% annualized return.
GRFS
- 1D
- -1.62%
- 1M
- -8.77%
- YTD
- -22.14%
- 6M
- -19.82%
- 1Y
- -15.59%
- 3Y*
- -6.06%
- 5Y*
- -15.65%
- 10Y*
- -6.28%
JNJ
- 1D
- 1.27%
- 1M
- -0.73%
- YTD
- 13.00%
- 6M
- 12.80%
- 1Y
- 58.27%
- 3Y*
- 15.12%
- 5Y*
- 10.36%
- 10Y*
- 10.15%
GRFS vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRFS Grifols, S.A. | -22.14% | 27.79% | -35.64% | 36.00% | -24.31% | -37.82% | -20.10% | 29.06% | -18.28% | 44.48% |
JNJ Johnson & Johnson | 13.00% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between GRFS and JNJ is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011 | 0.23 |
The correlation between GRFS and JNJ shifts across timeframes, from 0.12 (3 years) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GRFS:
$4.95B
JNJ:
$565.55B
GRFS:
€0.61
JNJ:
$8.65
GRFS:
10.46
JNJ:
26.75
GRFS:
0.17
JNJ:
0.89
GRFS:
0.58
JNJ:
5.84
GRFS:
0.79
JNJ:
6.97
GRFS:
€7.45B
JNJ:
$96.36B
GRFS:
€2.81B
JNJ:
$66.60B
GRFS:
€1.56B
JNJ:
$31.62B
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Return for Risk
GRFS vs. JNJ — Risk / Return Rank
GRFS
JNJ
GRFS vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grifols, S.A. (GRFS) and Johnson & Johnson (JNJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GRFS | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.92 | ||
| Sortino ratioReturn per unit of downside risk | -5.38 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.61 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 5.34 | -5.83 |
| Martin ratioReturn relative to average drawdown | -0.89 | 15.57 | -16.46 |
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Drawdowns
GRFS vs. JNJ - Drawdown Comparison
The maximum GRFS drawdown since its inception was -78.01%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for GRFS and JNJ.
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Drawdown Indicators
| GRFS | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.01% | -50.67% | -27.34% |
Max Drawdown (1Y)Largest decline over 1 year | -32.22% | -10.96% | -21.26% |
Max Drawdown (3Y)Largest decline over 3 years | -52.68% | -15.95% | -36.73% |
Max Drawdown (5Y)Largest decline over 5 years | -69.29% | -18.41% | -50.88% |
Max Drawdown (10Y)Largest decline over 10 years | -78.01% | -27.37% | -50.64% |
Current DrawdownCurrent decline from peak | -70.24% | -6.41% | -63.83% |
Average DrawdownAverage peak-to-trough decline | -31.83% | -11.90% | -19.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.58% | 3.75% | +13.83% |
Volatility
GRFS vs. JNJ - Volatility Comparison
Grifols, S.A. (GRFS) has a higher volatility of 6.88% compared to Johnson & Johnson (JNJ) at 6.32%. This indicates that GRFS's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRFS | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 6.32% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 24.38% | 12.32% | +12.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.82% | 17.14% | +14.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.78% | 16.92% | +31.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.32% | 18.51% | +21.81% |
Dividends
GRFS vs. JNJ - Dividend Comparison
GRFS's dividend yield for the trailing twelve months is around 2.41%, more than JNJ's 2.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRFS Grifols, S.A. | 2.41% | 1.88% | 0.00% | 0.00% | 0.00% | 3.20% | 0.83% | 1.55% | 2.32% | 1.24% | 1.67% | 2.01% |
JNJ Johnson & Johnson | 2.27% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
GRFS vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between Grifols, S.A. and Johnson & Johnson. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GRFS vs. JNJ - Profitability Comparison
GRFS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grifols, S.A. reported a gross profit of 630.20M and revenue of 1.73B. Therefore, the gross margin over that period was 36.5%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
GRFS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grifols, S.A. reported an operating income of 253.09M and revenue of 1.73B, resulting in an operating margin of 14.7%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
GRFS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grifols, S.A. reported a net income of 74.20M and revenue of 1.73B, resulting in a net margin of 4.3%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
GRFS and JNJ have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRFS has higher volatility (6.88%) compared to JNJ (6.32%). In terms of maximum drawdown, GRFS dropped -78.01% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.42 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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