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Kenvue KVUE Gross margin

Gross margin at other companies

Colgate-Palmolive logo
Colgate-PalmoliveCL
60.1%-0.6pp
Kimberly-Clark logo
Kimberly-ClarkKMB
35.9%-1.0pp
Procter & Gamble logo
Procter & GamblePG
50.3%-1.0pp
Church & Dwight logo
Church & DwightCHD
45.1%-0.4pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
74.7%+0.9pp
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
39.3%+0.5pp

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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Operating margin17.2%+5.1pp
Net margin10.6%+3.7pp

Returns & leverage

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Return on equity15.7%+5.5pp
Debt / equity0.8×-0.1×
Current ratio+0.1×

Where this comes from

Calculated from Kenvue’s reported figures.

Based on trailing twelve months.

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 gross margin?
Kenvue (KVUE) reported gross margin of 58.4% in Q1 2026.
How has Kenvue's gross margin changed year-over-year?
Kenvue's gross margin increased by 0.5% year-over-year, from 58.1% to 58.4%.
What is the long-term trend for Kenvue's gross margin?
Over 3 years (2022 to 2025), Kenvue's gross margin has grown at a 1.4% compound annual growth rate (CAGR), from 222.6% to 232.3%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.