Johnson Matthey PLC
Registered name: JOHNSON MATTHEY PLC
Johnson Matthey PLC made £11.7bn revenue and £373m profit in the year to 31 Mar 2025.
Johnson Matthey PLC’s revenue fell 9% to £11.7bn in the year to 31 Mar 2025, with £373m profit and 10,644 employees. The company is classified under “manufacture of other chemical products” and is based in Royston; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Royston, East of England
- Age
- 135 yrs · since 1891
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £12.8bn | £11.7bn |
| Cost of sales | −£11.9bn | −£10.8bn |
| Gross profit | £927m | £899m |
| Operating profit | £249m | £538m |
| Profit before tax | £164m | £486m |
| Profit after tax | £108m | £373m |
| Profit (best available) | £108m | £373m |
| Employees (average) | 12,255 | 10,644 |
| Ratios | ||
| Profit margin | 0.8% | 3.2% |
| Gross margin | 7.2% | 7.7% |
| Revenue per employee | £1m | £1.1m |
| Profit per employee | £8.8k | £35k |
| Growth (year on year) | ||
| Revenue growth | — | ▼9.1% |
| Profit growth | — | ▲245.4% |
| Headcount growth | — | ▼13.2% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 7.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.1m
- Revenue ÷ average employees.
- Profit per employee
- £35k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼13%
- Now 10,644
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (8)
- Jmeps Trustees LimitedFigures not disclosed
- Johnson Matthey (Nominees) LimitedFigures not disclosed
- Johnson Matthey Davy Technologies LimitedFigures not disclosed
- Johnson Matthey General Partner (Scotland) LimitedFigures not disclosed
- Johnson Matthey Hydrogen Technologies LimitedFigures not disclosed
- Johnson Matthey Precious Metals LimitedFigures not disclosed
- Johnson Matthey UK Holdings LimitedFigures not disclosed
- Matthey Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £373m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.