Kenvue Inc. (KVUE) Financial Ratios
6 years of historical data (2020–2025) · Consumer Defensive · Household & Personal Products
EV/EBITDA
↓
12.73
↓-20% vs avg
5yr avg: 15.91
30Y Low12.4·High19.9
P/FCF
↑
19.78
-9% vs avg
5yr avg: 21.83
30Y Low15.3·High31.0
P/B Ratio
↓
3.17
↓-14% vs avg
5yr avg: 3.68
30Y Low3.1·High4.3
ROE
↑
14.4%
↓+29% vs avg
5yr avg: 11.2%
30Y Low-5%·High14%
Debt/EBITDA
↑
2.61
+13% vs avg
5yr avg: 2.32
30Y Low0.0·High3.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
KVUE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Kenvue Inc. trades at 23.3x earnings, 20% below its 5-year average of 29.1x, sitting at the 33rd percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 19.4x, the stock trades at a premium of 21%. On a free-cash-flow basis, the stock trades at 19.8x P/FCF, 9% below the 5-year average of 21.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $34.1B | $33.1B | $41.4B | $41.2B | — | — | — |
| Enterprise Value | $41.5B | $40.5B | $49.1B | $48.3B | — | — | — |
| P/E Ratio → | 23.34 | 22.62 | 39.87 | 24.75 | — | — | — |
| P/S Ratio | 2.25 | 2.19 | 2.68 | 2.67 | — | — | — |
| P/B Ratio | 3.17 | 3.07 | 4.28 | 3.68 | — | — | — |
| P/FCF | 19.78 | 19.21 | 31.01 | 15.28 | — | — | — |
| P/OCF | 15.50 | 15.05 | 23.40 | 13.01 | — | — | — |
P/E links to full P/E history page with 30-year chart
KVUE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Kenvue Inc.'s enterprise value stands at 12.7x EBITDA, 20% below its 5-year average of 15.9x. The Consumer Defensive sector median is 11.3x, placing the stock at a 12% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.68 | 3.17 | 3.13 | — | — | — |
| EV / EBITDA | 12.73 | 12.43 | 19.92 | 15.38 | — | — | — |
| EV / EBIT | 15.36 | 17.05 | 26.57 | 18.95 | — | — | — |
| EV / FCF | — | 23.54 | 36.74 | 17.89 | — | — | — |
KVUE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Kenvue Inc. earns an operating margin of 17.9%, significantly above the Consumer Defensive sector average of 1.1%. Operating margins have expanded from 16.3% to 17.9% over the past 3 years, signaling improving operational efficiency. ROE of 14.4% is modest. ROIC of 11.4% represents solid returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 58.1% | 58.1% | 58.0% | 56.0% | 55.4% | 55.9% | 54.2% |
| Operating Margin | 17.9% | 17.9% | 11.9% | 16.3% | 17.9% | 19.4% | -6.8% |
| Net Profit Margin | 9.7% | 9.7% | 6.7% | 10.8% | 13.8% | 13.8% | -6.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 14.4% | 14.4% | 9.9% | 10.7% | 10.2% | 10.7% | -4.8% |
| ROA | 5.6% | 5.6% | 3.9% | 6.0% | 7.5% | 7.3% | -3.0% |
| ROIC | 11.4% | 11.4% | 7.8% | 8.2% | 8.4% | 11.7% | -4.1% |
| ROCE | 13.2% | 13.2% | 8.7% | 11.0% | 11.3% | 12.8% | -4.5% |
KVUE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Kenvue Inc. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (23% below the sector average of 3.4x). Net debt stands at $7.5B ($8.5B total debt minus $1.1B cash). Interest coverage of 6.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.79 | 0.79 | 0.90 | 0.75 | 0.45 | 0.01 | — |
| Debt / EBITDA | 2.61 | 2.61 | 3.54 | 2.68 | 2.73 | 0.04 | — |
| Net Debt / Equity | — | 0.69 | 0.79 | 0.63 | 0.39 | -0.03 | -0.03 |
| Net Debt / EBITDA | 2.29 | 2.29 | 3.11 | 2.24 | 2.35 | -0.17 | — |
| Debt / FCF | — | 4.33 | 5.73 | 2.61 | 3.63 | -15.67 | -0.20 |
| Interest Coverage | 6.27 | 6.27 | 4.28 | 7.12 | — | — | — |
KVUE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.96x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.1B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 1.12x to 0.96x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.96 | 0.96 | 0.96 | 1.12 | 1.50 | 1.22 | 0.61 |
| Quick Ratio | 0.68 | 0.68 | 0.69 | 0.78 | 0.93 | 0.80 | 0.39 |
| Cash Ratio | 0.18 | 0.18 | 0.19 | 0.25 | 0.31 | 0.18 | 0.08 |
| Asset Turnover | — | 0.56 | 0.60 | 0.55 | 0.55 | 0.54 | 0.50 |
| Inventory Turnover | 3.80 | 3.80 | 4.08 | 3.67 | 2.99 | 3.90 | 3.93 |
| Days Sales Outstanding | — | — | 62.80 | 62.39 | 56.08 | 56.52 | 53.74 |
KVUE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Kenvue Inc. returns 5.2% to shareholders annually — split between a 4.6% dividend yield and 0.6% buyback yield. The payout ratio exceeds 100% at 107.6%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 4.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.6% | 4.8% | 3.7% | 35.3% | — | — | — |
| Payout Ratio | 107.6% | 107.6% | 150.7% | 874.6% | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.3% | 4.4% | 2.5% | 4.0% | — | — | — |
| FCF Yield | 5.1% | 5.2% | 3.2% | 6.5% | — | — | — |
| Buyback Yield | 0.6% | 0.6% | 0.6% | 0.0% | — | — | — |
| Total Shareholder Yield | 5.2% | 5.4% | 4.3% | 35.3% | — | — | — |
| Shares Outstanding | — | $1.9B | $1.9B | $1.9B | $1.9B | $1.9B | $1.9B |
Peer Comparison
Compare KVUE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 KVUEYou | $34B | 23.3 | 12.7 | 19.8 | 58.1% | 17.9% | 14.4% | 11.4% | 2.6 |
 PG | $341B | 22.4 | 15.8 | 24.3 | 51.2% | 24.3% | 31.1% | 20.1% | 1.5 |
 CL | $70B | 33.2 | 15.4 | 19.3 | 60.1% | 21.3% | 469.1% | 43.4% | 1.6 |
 CHD | $22B | 31.1 | 18.1 | 20.3 | 44.7% | 17.4% | 17.6% | 13.9% | 1.7 |
 EL | $31B | -27.1 | 20.9 | 46.0 | 73.9% | 6.7% | -24.7% | 6.5% | 5.3 |
 PRGO | $2B | -1.1 | 7.4 | 11.1 | 35.1% | 8.1% | -39.3% | 3.7% | 5.8 |
 HLN | $41B | 19.1 | 13.6 | 15.5 | 64.8% | 22.4% | 10.0% | 7.6% | 3.1 |
 COTY | $2B | -5.7 | 9.4 | 7.9 | 64.8% | 4.1% | -9.0% | 2.3% | 6.4 |
 JNJ | $536B | 38.4 | 18.6 | 27.0 | 69.1% | 24.9% | 20.1% | 20.7% | 1.2 |
 WMT | $1.0T | 47.7 | 24.8 | 25.0 | 24.9% | 4.2% | 22.2% | 14.7% | 1.5 |
 COST | $449B | 55.6 | 34.6 | 57.2 | 12.8% | 3.8% | 30.7% | 34.5% | 0.6 |
| Consumer Defensive Median | — | 19.4 | 11.3 | 15.0 | 40.1% | 1.1% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 6 years · Updated daily
Full KVUE Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
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Side-by-side business, growth, and profitability comparison vs The Procter & Gamble Company.
Start ComparisonKVUE — Frequently Asked Questions
Quick answers to the most common questions about buying KVUE stock.
What is Kenvue Inc.'s P/E ratio?
Kenvue Inc.'s current P/E ratio is 23.3x. The historical average is 29.1x. This places it at the 33th percentile of its historical range.
What is Kenvue Inc.'s EV/EBITDA?
Kenvue Inc.'s current EV/EBITDA is 12.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.9x.
What is Kenvue Inc.'s ROE?
Kenvue Inc.'s return on equity (ROE) is 14.4%. The historical average is 8.5%.
Is KVUE stock overvalued?
Based on historical data, Kenvue Inc. is trading at a P/E of 23.3x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Kenvue Inc.'s dividend yield?
Kenvue Inc.'s current dividend yield is 4.63% with a payout ratio of 107.6%.
What are Kenvue Inc.'s profit margins?
Kenvue Inc. has 58.1% gross margin and 17.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Kenvue Inc. have?
Kenvue Inc.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.