Johnson & Johnson
Close on Nov 2, 2026Market cap $652.02BP/E 31.4Yield 1.90%
Johnson & Johnson Retirement plans — U.S. PBO discount rate by Year
Retirement plans — U.S. PBO discount rate (%) (%)
Johnson & Johnson Retirement plans — U.S. PBO discount rate: 5.0% in FY2025, up 0.1 pts from a year earlier. That is the highest of the 11 years on record here.
Where the FY2025 figure comes from
Source: Form 10-K (filed 2026-02-11) ↗
Reported in Form 10-K Note 10.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Retirement plans — U.S. PBO discount rate (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 28, 2025 | 5.0% | +0.1 pts | Form 10-K (filed 2026-02-11) ↗ |
| FY2024 | Dec 29, 2024 | 5.0% | +0.4 pts | Form 10-K (filed 2026-02-11) ↗ |
| FY2023 | Dec 31, 2023 | 4.6% | -0.4 pts | Form 10-K (filed 2026-02-11) ↗ |
| FY2022 | Jan 1, 2023 | 5.0% | +2.5 pts | Form 10-K (filed 2025-02-13) ↗ |
| FY2021 | Jan 2, 2022 | 2.5% | +0.4 pts | Form 10-K (filed 2024-02-16) ↗ |
| FY2020 | Jan 3, 2021 | 2.1% | -0.8 pts | Form 10-K (filed 2023-02-16) ↗ |
| FY2019 | Dec 29, 2019 | 2.9% | -0.8 pts | Form 10-K (filed 2022-02-17) ↗ |
| FY2018 | Dec 30, 2018 | 3.8% | +0.5 pts | Form 10-K (filed 2021-02-22) ↗ |
| FY2017 | Dec 31, 2017 | 3.3% | -0.5 pts | Form 10-K (filed 2019-02-20) ↗ |
| FY2016 | Jan 1, 2017 | 3.8% | -0.3 pts | Form 10-K (filed 2019-02-20) ↗ |
| FY2015 | Jan 3, 2016 | 4.1% | – | Form 10-K (filed 2018-02-21) ↗ |
Cite this data
StockData. (2026). Johnson & Johnson Retirement plans — U.S. PBO discount rate (%), annual FY2015–FY2025 [Data set]. Compiled from Johnson & Johnson SEC filings and investor materials. https://stockdatahq.com/stocks/jnj/kpis/db-disc-rate-pbo-pension
See every metric in the Johnson & Johnson KPI table. Data updated Oct 25, 2026.