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Kenvue KVUE Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin232.6%+1.3pp232.3%+2.5pp232.2%+4.3pp231.8%+6.1pp231.3%+7.9pp
Operating margin64.6%+16.8pp59.6%+8.1pp55.5%-0.3pp51.5%-9.1pp47.9%-17.8pp
Net margin39.2%+11.6pp35.5%+5.1pp32.5%-2.0pp29.8%-8.7pp27.7%-15.6pp
EBITDA margin79.8%+15.8pp75%+7.4pp71.3%-0.7pp67.7%-9.0pp64%-17.7pp
Free cash flow margin45%+6.4pp42.6%0.0pp39.8%-11.6pp38%-20.2pp38.6%-24.5pp
Returns
Return on equity57.1%+16.7pp51.6%+11.8pp47.1%+6.4pp43.5%+1.3pp40.5%-3.3pp
Return on assets22.3%+6.4pp20.1%+3.4pp18.4%-0.5pp17%15.9%
Return on invested capital38.1%+8.5pp34.9%+2.9pp32.8%-2.1pp30.9%29.6%
Efficiency
Asset turnover2.3×0.0×2.3×0.0×2.3×+0.1×2.3×2.3×
Inventory turnover14.7×+0.4×14.5×+0.5×14.4×+0.8×14.4×-2.3×14.3×-5.3×
Liquidity
Current ratio3.9×+0.1×3.8×-0.2×3.8×-0.3×3.8×-0.4×3.8×-0.6×
Quick ratio2.7×+0.1×2.7×-0.1×2.7×-0.2×2.7×-0.3×2.7×-0.4×
Cash ratio0.7×0.0×0.7×0.0×0.7×-0.1×0.7×-0.1×0.7×-0.2×
Leverage
Debt-to-equity3.5×-0.3×3.7×-0.1×3.8×+0.3×3.7×+0.4×3.8×+0.6×
Debt-to-assets1.4×-0.1×1.4×0.0×1.5×+0.1×1.4×+0.1×1.5×+0.2×
Net debt / EBITDA11.1×-2.8×12.1×-1.0×12.7×+0.8×13.2×+2.6×13.8×+4.3×
Per Share
Book value per share$22.21+5.3%$21.91+2.4%$21.35-4.8%$21.35-5.4%$21.08-9.6%
Valuation
Market capitalization$137.92B-16.9%$150.71B-6.5%$158.59B-1.8%$171.74B+10.4%$165.87B-3.2%
Enterprise value$171.29B-14.4%$184.89B-5.2%$192.8B-0.6%$205.86B+10.2%$200.02B-0.8%
Price / earnings93.3×-62.6×116.3×-23.7×133.6×+8.5×153.5×+47.4×155.9×+53.5×
Price / sales9.1×-1.7×9.9×-0.5×10.4×0.0×11.2×+1.1×10.8×-0.3×
Price / book12.9×-3.5×14.3×-1.3×15.5×+0.4×16.7×+2.2×16.4×+0.8×
EV / EBITDA56.8×-24.3×66.1×-9.1×72.2×+1.7×80.1×+16.8×81×+17.3×
EV / sales11.3×-1.7×12.2×-0.4×12.7×+0.1×13.4×+1.4×13×-0.1×
Free cash flow yield20%+5.3pp17.7%+1.1pp15.7%-4.2pp13.6%-9.5pp14.7%-8.3pp
Earnings yield17.4%+7.0pp14.8%+3.1pp12.9%-0.4pp10.7%-4.6pp10.4%-5.3pp
Dividend yield18.5%+3.4pp17.1%+2.6pp16.1%+3.6pp14.5%+4.5pp15.1%
PEG ratio2.6×

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Questions, answered.

What are Kenvue's profit margins?
Kenvue (KVUE) runs a 58.4% gross margin and a 17.2% operating margin, with a 10.6% net margin.
Where do Kenvue's ratios come from?
Every ratio is computed from Kenvue's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.