Enterprise Value (EV)
Current Enterprise Value (EV)
Johnson & Johnson, current enterprise value calculation
Current share price (P) | $162.76 |
No. shares of common stock outstanding | 2,628,679,824 |
US$ in millions | |
Common equity (market value)1 | 427,844 |
Add: Preferred stock, without par value, unissued (per books) | — |
Total equity | 427,844 |
Add: Loans and notes payable (per books) | 2,631 |
Add: Long-term debt, excluding current portion (per books) | 32,635 |
Total equity and debt | 463,110 |
Less: Cash and cash equivalents | 13,985 |
Less: Marketable securities | 11,200 |
Enterprise value (EV) | 437,925 |
Based on: 10-K (filing date: 2021-02-22).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 162.76 × 2,628,679,824
Historical Enterprise Value (EV)
Johnson & Johnson, EV calculation
Based on: 10-K (filing date: 2021-02-22), 10-K (filing date: 2020-02-18), 10-K (filing date: 2019-02-20), 10-K (filing date: 2018-02-21), 10-K (filing date: 2017-02-27).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Johnson & Johnson’s Annual Report.
3 2020 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 161.87 × 2,628,679,824
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Johnson & Johnson’s EV increased from 2018 to 2019 and from 2019 to 2020. |