Johns-Manville Asbestos Trust: Payout Guide (2026)

Legal advisor meeting with elderly couple to discuss Johns-Manville asbestos trust claims and compensation.

Johns Manville asbestos exposure has affected thousands of workers and consumers over the years, leading to serious health issues such as mesothelioma and asbestosis. The Johns-Manville Asbestos Trust was created to compensate those impacted, offering structured payments based on the type and severity of the disease. This guide walks through how asbestos trust fund claims are evaluated, current payout percentages, and what victims need to know to file a successful claim.

How Are Claims Against the Johns-Manville Asbestos Trust Valued? 

Lawyer consulting with a client in an office about an asbestos claim

When filing a claim with the Johns-Manville Asbestos Trust, each case is evaluated according to the type and severity of the asbestos-related disease. The trust assigns a specific scheduled value to each disease category, which helps determine the potential compensation a claimant may receive. 

Understanding this process is important for anyone considering a Johns-Manville asbestos claim. The following table shows the standardized values allocated for each type of disease diagnosed by the Johns-Manville Trust.

Disease level & categoryScheduled value
Level VIII – Mesothelioma$350,000
Level VII – Lung Cancer (Two)$95,000
Level VI – Lung Cancer (One)None (IR only; anticipated avg ~$40,000, capped $50,000)
Level V – Other Cancer$45,000
Level IV – Severe Asbestosis$95,000
Level III – Asbestosis/Pleural Disease$25,000
Level II – Asbestosis/Pleural Disease$12,000
Level I – Other Asbestos Disease (cash discount)$600

Unfortunately, actual payouts from the trust are not the same as their scheduled value. Like all asbestos trust funds, payouts from the Johns-Manville trust depend on their payment percentage. 

What is the Johns-Manville Trust Payout Percentage?

The Johns-Manville Trust currently pays around 5.1% of the scheduled value. This Johns-Manville asbestos trust payment percentage applies to all disease categories, including mesothelioma, asbestosis, and related lung cancers.

The following table includes payment percentages and typical payouts from the Johns-Manville asbestos trust.

Disease level & categoryScheduled valuePayment % (current)
Level VIII – Mesothelioma$350,0005.1%
Level VII – Lung Cancer (Two)$95,0005.1%
Level VI – Lung Cancer (One)None (IR only; anticipated avg ~$40,000, capped $50,000)5.1%
Level V – Other Cancer$45,0005.1%
Level IV – Severe Asbestosis$95,0005.1%
Level III – Asbestosis/Pleural Disease$25,0005.1%
Level II – Asbestosis/Pleural Disease$12,0005.1%
Level I – Other Asbestos Disease (cash discount)$6005.1%

Johns-Manville Payout Percentage vs. Other Asbestos Trusts 

Payout percentages vary widely between asbestos trusts. Here’s how Johns-Manville stacks up compared to other large trust funds.

TrustScheduled Value for MesotheliomaPayment %
Johns-Manville$350,0005%
Owens Corning / Fibreboard$215,0004.3%
Armstrong World Industries$110,00010.8%
USG (United States Gypsum)$155,00010%
Babcock & Wilcox$150,0004.3%
Pittsburgh Corning$200,00019%
WR Grace$180,00030.1%
Kaiser Aluminum$120,00010.6%

For a deeper look at all active trust funds, check out our Asbestos Trust Fund Payouts Guide.

“Asbestos trust funds like the Johns-Manville Trust, play a critical role in providing compensation to victims of occupational exposure. Understanding the scheduled values and payout percentages can help claimants make informed decisions about their claims.”

Johns-Manville Asbestos Products List

The Johns-Manville asbestos products list includes items that contained asbestos and are known to have caused exposure. If you used any of these products and have been diagnosed with an asbestos-related illness, you may be eligible for compensation.

Product NameProduct Type
ThermobestosInsulation
MariniteCement board
TransiteAsbestos cement panels
Spray-TexSpray-on insulation
AsbestonPipe insulation
SuperexRoofing felt

Johns-Manville Asbestos Claim and Trust Fund

The Johns-Manville asbestos claims began decades ago after evidence showed the company knowingly exposed workers and consumers to asbestos without adequate warnings. Facing thousands of claims and potential financial ruin, Johns-Manville filed for bankruptcy in 1982. To resolve these claims, the company established the Johns-Manville Asbestos Trust, which continues to compensate victims of asbestos-related diseases.

What Year Did Johns-Manville End Asbestos Use?

Close-up image of asbestos fibers under a microscope

Johns-Manville gradually phased out asbestos from its products in the late 1970s and completely ceased its use by the early 1980s, following mounting health concerns and regulatory restrictions.

How Much Does the Johns-Manville Trust Have Left?

According to the trust’s most recent financial disclosures, the Johns-Manville Trust held approximately $620 million in total assets as of year-end 2024. Despite having paid out more than $5 billion to over 1 million claimants since its inception, the trust remains actively funded to ensure that those diagnosed in 2026 and beyond can still access the compensation they deserve.

Who Is Eligible to File an Asbestos Claim Against Johns-Manville?

Any individual who was exposed to Johns-Manville asbestos products and subsequently developed an asbestos-related disease, including mesothelioma, lung cancer, or asbestosis, may be eligible to file a claim. Claimants typically need medical documentation and proof of exposure to support their case.

Can You File an Asbestos Claim Against Johns-Manville? 

If you or a loved one has been exposed to Johns-Manville products and are suffering from mesothelioma or another asbestos-related illness, Johns-Manville understands the serious impact this can have on your life. Through the Mesothelioma Lawyer Center, our team is committed to helping you navigate the claims process and secure the compensation you are entitled to from the Johns-Manville Asbestos Trust. Call us at 800-793-4540 or complete the asbestos claim value form to speak with a legal expert today. 

Important Considerations Before Filing a Johns-Manville Trust Claim

While the Johns-Manville Asbestos Trust provides an important source of compensation, claimants should understand that trust fund payouts are often only a portion of total recovery and are subject to review, verification, and potential delays. Claims can be audited, payment percentages may change over time, and incomplete exposure histories can result in reduced awards or denials. In many cases, trust claims are filed alongside claims against solvent asbestos manufacturers to fully account for medical costs, lost income, and long-term care needs. An experienced asbestos attorney can coordinate trust filings strategically, preserve your eligibility across multiple trusts, and ensure you do not unknowingly limit your overall compensation by filing incorrectly or too early.

Did You Know? Over 600,000 claims have been filed against Johns-Manville by individuals exposed to asbestos through its products.

Legal Disclaimer

The information provided is for educational and informational purposes only. The information on this website is not intended as legal advice and should not be used as a substitute for consulting a licensed attorney. Legal outcomes and laws can vary by jurisdiction, and only a qualified lawyer can provide guidance tailored to your situation.

Johns Manville is one of dozens of asbestos trusts still paying claims. Read more about the asbestos trust fund filing process and what compensation a mesothelioma claim can recover.

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Paul Danziger

Paul Danziger

Reviewer and Editor

Paul Danziger grew up in Houston, Texas and earned a law degree from Northwestern University School of Law in Chicago. For over 25 years years he has focused on representing mesothelioma cancer victims and others hurt by asbestos exposure. Paul and his law firm have represented thousands of people diagnosed with mesothelioma, asbestosis, and lung cancer, recovering significant compensation for injured clients. Every client is extremely important to Paul and he will take every call from clients who want to speak with him. Paul and his law firm handle mesothelioma cases throughout the United States.

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