PG vs. JNJ
PG (The Procter & Gamble Company) and JNJ (Johnson & Johnson) are both stocks. PG operates in Household & Personal Products (Consumer Defensive), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, PG returned 8.36%/yr vs 9.85%/yr for JNJ. At a 0.42 correlation, their price movements are largely independent.
Performance
PG vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a -0.74% return, which is significantly lower than JNJ's 9.07% return. Over the past 10 years, PG has underperformed JNJ with an annualized return of 8.36%, while JNJ has yielded a comparatively higher 9.85% annualized return.
PG
- 1D
- -0.45%
- 1M
- -2.25%
- YTD
- -0.74%
- 6M
- -3.04%
- 1Y
- -13.56%
- 3Y*
- 1.13%
- 5Y*
- 3.21%
- 10Y*
- 8.36%
JNJ
- 1D
- 0.16%
- 1M
- 0.14%
- YTD
- 9.07%
- 6M
- 9.93%
- 1Y
- 48.18%
- 3Y*
- 15.79%
- 5Y*
- 9.14%
- 10Y*
- 9.85%
PG vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | -0.74% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
JNJ Johnson & Johnson | 9.07% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between PG and JNJ is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1970 | 0.42 |
Fundamentals
PG:
$338.77B
JNJ:
$545.87B
PG:
$5.23
JNJ:
$8.65
PG:
26.82
JNJ:
25.81
PG:
6.56
JNJ:
0.86
PG:
3.93
JNJ:
5.64
PG:
6.28
JNJ:
6.72
PG:
$86.72B
JNJ:
$96.36B
PG:
$43.64B
JNJ:
$66.60B
PG:
$22.63B
JNJ:
$31.62B
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Return for Risk
PG vs. JNJ — Risk / Return Rank
PG
JNJ
PG vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) 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.
| PG | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.65 | ||
| Sortino ratioReturn per unit of downside risk | -5.23 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.52 | -0.63 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 4.42 | -5.29 |
| Martin ratioReturn relative to average drawdown | -1.45 | 13.33 | -14.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PG | JNJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | 2.91 | -3.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.55 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.54 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.53 | -0.08 |
Drawdowns
PG vs. JNJ - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for PG and JNJ.
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Drawdown Indicators
| PG | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -50.67% | -3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -15.66% | -10.96% | -4.70% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -15.95% | -5.20% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -18.41% | -5.36% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -27.37% | +3.60% |
Current DrawdownCurrent decline from peak | -18.75% | -9.67% | -9.08% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -11.88% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.64% | 3.63% | +6.01% |
Volatility
PG vs. JNJ - Volatility Comparison
The Procter & Gamble Company (PG) has a higher volatility of 6.16% compared to Johnson & Johnson (JNJ) at 5.20%. This indicates that PG'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
| PG | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.16% | 5.20% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 14.82% | 12.17% | +2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.24% | 16.67% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.70% | 16.82% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.00% | 18.45% | +0.55% |
Dividends
PG vs. JNJ - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 3.04%, more than JNJ's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.35% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
PG The Procter & Gamble Company | 3.04% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company 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
PG vs. JNJ - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
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%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
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%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
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
PG and JNJ have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (6.16%) compared to JNJ (5.20%). In terms of maximum drawdown, PG dropped -54.25% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (2.91 vs -0.75), 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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