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Kenvue KVUE Debt-to-equity

Debt-to-equity at other companies

Colgate-Palmolive logo
Colgate-PalmoliveCL
55×+32.2×
Kimberly-Clark logo
Kimberly-ClarkKMB
3.9×-2.6×
Church & Dwight logo
Church & DwightCHD
0.6×0.0×
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
2.2×0.0×
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
0.9×+0.1×
Cencora logo
CencoraCOR
3.6×-3.4×

Other financials

Income statement

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Revenue$3.9B+4.5%
Gross profit$2.3B+6.2%
Operating income$767.0M+37.5%
Net income$474.0M+47.2%
EPS (diluted)$0.25+47.1%

Balance sheet

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Cash & equivalents$1.1B+1.7%
Total debt$8.8B-8.3%
Total equity$10.6B+5.5%
Total assets$26.9B+2.3%

Cash flow

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Operating cash flow$489.0M+14.2%
CapEx$139.0M-22.4%
Free cash flow$350.0M+40.6%

Valuation

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Market cap$34.58B-27.9%
Enterprise value$42.31B-25.0%
P/E21.3×-24.1×
P/S2.3×-0.9×

Profitability

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Gross margin58.4%+0.3pp
Operating margin17.2%+5.1pp
Net margin10.6%+3.7pp

Returns & leverage

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Return on equity15.7%+5.5pp
Current ratio+0.1×

Where this comes from

Calculated from Kenvue’s reported figures.

Based on the most recent quarter.

The official record: Kenvue’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kenvue's debt-to-equity?
Kenvue (KVUE) reported debt-to-equity of 0.8× in Q1 2026.
How has Kenvue's debt-to-equity changed year-over-year?
Kenvue's debt-to-equity decreased by 13.1% year-over-year, from 1× to 0.8×.
What is the long-term trend for Kenvue's debt-to-equity?
Over 2 years (2023 to 2025), Kenvue's debt-to-equity has grown at a 16.7% compound annual growth rate (CAGR), from 2.7× to 3.7×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.