Kenvue Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:25:04Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Free Cash Flow | 1.72B | 1.33B | 2.70B | 2.15B | 39.00M |
| EBITDA | 2.97B | 2.46B | 3.14B | 3.32B | 3.65B |
| Working Capital | -248.00M | -214.00M | 657.00M | 1.95B | — |
| Net Debt | 7.75B | 7.77B | 7.04B | -1.11B | — |
| Gross Margin | 58.13% | 57.97% | 55.96% | 55.42% | 55.93% |
| Operating Margin | 15.96% | 11.91% | 16.27% | 17.89% | 19.40% |
| Net Margin | 9.72% | 6.66% | 10.77% | 13.81% | 13.80% |
| Return on Equity (ROE) | 13.66% | 10.65% | 14.84% | 10.34% | 10.14% |
| Return on Assets (ROA) | 5.43% | 4.02% | 5.97% | 7.56% | — |
| Current Ratio | 0.96× | 0.96× | 1.12× | 1.50× | — |
| Debt-to-Equity | 0.82× | 0.91× | 0.75× | 0.01× | — |
| Effective Tax Rate | 26.46% | 27.21% | 24.02% | 21.73% | 28.96% |
| Cash Conversion Ratio | 1.49× | 1.72× | 1.90× | 1.22× | 0.16× |
| Accruals Ratio | -0.03× | -0.03× | -0.05× | -0.02× | — |
| SBC % of Revenue | 0.90% | 1.64% | 1.22% | 0.92% | 0.94% |
| CapEx Coverage | 4.63× | 4.08× | 6.75× | 6.73× | 1.13× |
| Free Cash Flow Per Share | $0.90 | $0.69 | $1.46 | $1.25 | $0.02 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 22.62× | 39.87× | 23.92× | — | — |
| P/FCF | 19.21× | 31.01× | 14.76× | — | — |
| FCF Yield | 5.21% | 3.22% | 6.78% | — | — |
| EV / EBITDA | 13.69× | 19.88× | 15.38× | — | — |
| P/S | 2.18× | 2.67× | 2.67× | — | — |
| P/B | 3.06× | 4.26× | 3.68× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 15.12B | 15.46B | 15.44B | 14.95B | 15.05B |
| Cost of Goods and Services Sold | 6.33B | 6.50B | 6.80B | 6.67B | 6.63B |
| Gross Profit | 8.79B | 8.96B | 8.64B | 8.29B | 8.42B |
| Research and Development Expense | 382.00M | 408.00M | 399.00M | 375.00M | 355.00M |
| Selling, General and Administrative Expense | 6.09B | 6.33B | 6.14B | 5.63B | 5.48B |
| Operating Income (Loss) | 2.41B | 1.84B | 2.51B | 2.67B | 2.92B |
| Income Tax Expense (Benefit) | 529.00M | 385.00M | 526.00M | 573.00M | 847.00M |
| Net Income (Loss) Attributable to Parent | 1.47B | 1.03B | 1.66B | 2.06B | 2.08B |
| Earnings Per Share, Basic | $0.77 | $0.54 | $0.90 | $1.20 | $1.21 |
| Weighted Average Number of Shares Outstanding, Basic | 1.92B | 1.92B | 1.85B | 1.72B | 1.72B |
| Earnings Per Share, Diluted | $0.76 | $0.54 | $0.90 | $1.20 | $1.21 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.92B | 1.92B | 1.85B | 1.72B | 1.72B |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.06B | 1.07B | 1.38B | 1.23B | — |
| Assets, Current | 5.70B | 5.53B | 6.14B | 5.88B | — |
| Assets | 27.08B | 25.60B | 27.85B | 27.32B | — |
| Long-term Debt | — | — | 7.69B | 0 | — |
| Liabilities, Current | 5.95B | 5.74B | 5.48B | 3.93B | — |
| Liabilities | 16.31B | 15.93B | 16.64B | 7.35B | — |
| Stockholders' Equity Attributable to Parent | 10.77B | 9.67B | 11.21B | 19.97B | 20.49B |
| Common Stock, Shares, Outstanding | 1.92B | 1.91B | 1.92B | 1.92B | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.20B | 1.77B | 3.17B | 2.52B | 334.00M |
| Payments to Acquire Property, Plant, and Equipment | 475.00M | 434.00M | 469.00M | 375.00M | 295.00M |
| Net Cash Provided by (Used in) Investing Activities | -436.00M | -425.00M | -488.00M | -390.00M | -171.00M |
| Payments for Repurchase of Common Stock | 197.00M | 235.00M | 7.00M | 0 | — |
| Payments of Dividends | 1.58B | 1.55B | 766.00M | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | -1.84B | -1.56B | -2.53B | -1.58B | 0 |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 350.00M | 744.00M | 978.00M | 782.00M | 249.00M | 661.00M |
| EBITDA | 910.00M | 673.00M | 770.00M | 834.00M | 694.00M | 633.00M |
| Working Capital | -101.00M | -248.00M | -124.00M | -134.00M | -956.00M | -214.00M |
| Net Debt | 7.73B | 7.75B | 7.97B | 7.67B | 7.79B | 7.77B |
| Gross Margin | 58.89% | 56.53% | 59.14% | 58.90% | 57.95% | 56.53% |
| Operating Margin | 19.62% | 14.15% | 16.71% | 18.03% | 14.92% | 13.19% |
| Net Margin | 12.13% | 8.73% | 10.57% | 10.94% | 8.61% | 8.00% |
| Return on Equity (ROE) | 4.47% | 3.07% | 3.74% | 3.91% | 3.20% | 3.03% |
| Return on Assets (ROA) | 1.77% | 1.22% | 1.46% | 1.55% | 1.23% | 1.14% |
| Current Ratio | 0.98× | 0.96× | 0.98× | 0.98× | 0.86× | 0.96× |
| Debt-to-Equity | 0.83× | 0.82× | 0.86× | 0.81× | 0.88× | 0.91× |
| Effective Tax Rate | 29.46% | 22.72% | 24.33% | 28.57% | 29.69% | 15.32% |
| Cash Conversion Ratio | 1.03× | 2.59× | 3.37× | 2.50× | 1.33× | 2.71× |
| Accruals Ratio | -0.00× | -0.02× | -0.03× | -0.02× | -0.00× | -0.02× |
| SBC % of Revenue | 0.74% | 0.79% | 2.82% | 2.11% | 1.18% | 1.47% |
| CapEx Coverage | 3.52× | 7.76× | 3.68× | 3.93× | 2.39× | 6.01× |
| Free Cash Flow Per Share | $0.18 | $0.39 | $0.51 | $0.41 | $0.13 | $0.34 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 20.61× | 22.32× | 21.61× | 27.84× | 42.32× | 39.87× |
| EV / EBITDA | 12.98× | 13.69× | 13.45× | 15.93× | 21.67× | 19.88× |
| P/S | 2.20× | 2.18× | 2.10× | 2.65× | 2.97× | 2.67× |
| P/B | 3.17× | 3.06× | 2.96× | 3.73× | 4.52× | 4.26× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.91B | 3.78B | 3.76B | 3.84B | 3.74B | 3.66B |
| Cost of Goods and Services Sold | 1.61B | 1.64B | 1.54B | 1.58B | 1.57B | 1.59B |
| Gross Profit | 2.30B | 2.14B | 2.23B | 2.26B | 2.17B | 2.07B |
| Research and Development Expense | 84.00M | 98.00M | 94.00M | 91.00M | 99.00M | 106.00M |
| Selling, General and Administrative Expense | 1.45B | 1.53B | 1.51B | 1.50B | 1.54B | 1.52B |
| Operating Income (Loss) | 767.00M | 535.00M | 629.00M | 692.00M | 558.00M | 483.00M |
| Income Tax Expense (Benefit) | 198.00M | 97.00M | 128.00M | 168.00M | 136.00M | 53.00M |
| Net Income (Loss) Attributable to Parent | 474.00M | 330.00M | 398.00M | 420.00M | 322.00M | 293.00M |
| Earnings Per Share, Basic | $0.25 | $0.18 | $0.21 | $0.22 | $0.17 | $0.16 |
| Weighted Average Number of Shares Outstanding, Basic | 1.92B | 1.92B | 1.92B | 1.92B | 1.91B | 1.92B |
| Earnings Per Share, Diluted | $0.25 | $0.17 | $0.21 | $0.22 | $0.17 | $0.16 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.92B | 1.92B | 1.92B | 1.93B | 1.93B | 1.92B |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.07B | 1.06B | 1.14B | 1.07B | 1.06B | 1.07B |
| Assets, Current | 5.79B | 5.70B | 6.03B | 5.85B | 5.71B | 5.53B |
| Assets | 26.85B | 27.08B | 27.25B | 27.13B | 26.26B | 25.60B |
| Liabilities, Current | 5.90B | 5.95B | 6.16B | 5.99B | 6.67B | 5.74B |
| Liabilities | 16.25B | 16.31B | 16.61B | 16.40B | 16.20B | 15.93B |
| Stockholders' Equity Attributable to Parent | 10.61B | 10.77B | 10.63B | 10.73B | 10.05B | 9.67B |
| Common Stock, Shares, Outstanding | 1.92B | 1.92B | 1.92B | 1.92B | 1.92B | 1.91B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 489.00M | 854.00M | 1.34B | 1.05B | 428.00M | 793.00M |
| Payments to Acquire Property, Plant, and Equipment | 139.00M | 110.00M | 365.00M | 267.00M | 179.00M | 132.00M |
| Net Cash Provided by (Used in) Investing Activities | -167.00M | -75.00M | -361.00M | -257.00M | -167.00M | -132.00M |
| Payments for Repurchase of Common Stock | 0 | 0 | 197.00M | 127.00M | 63.00M | 121.00M |
| Payments of Dividends | 398.00M | 398.00M | 1.18B | 785.00M | 392.00M | 393.00M |
| Net Cash Provided by (Used in) Financing Activities | -295.00M | -869.00M | -968.00M | -858.00M | -310.00M | -587.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (KVUE CIK 0001944048),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.