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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Kenvue Inc. (KVUE) Quarterly Financial Ratios

Last 14 quarters of trend data · Consumer Defensive · Household & Personal Products

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Kenvue Inc.'s quarterly P/E stands at 19.5x, down 32.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 18.3% YoY to 12.8x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →35.4119.5523.7334.8535.5829.07150.5035.7731.6621.8330.02——
—-32.8%-84.2%-2.6%+12.4%+33.2%+401.3%——————
P/S Ratio2.372.102.623.052.812.872.182.652.812.463.15——
—-26.9%+20.1%+15.3%-0.0%+16.9%-30.8%——————
P/B Ratio3.802.973.754.544.264.203.433.883.683.534.58——
—-29.4%+9.3%+17.0%+15.8%+19.1%-25.2%——————
P/FCF27.4440.2818.8745.8115.5858.8824.9376.8714.1817.1719.02——
—-31.6%-24.3%-40.4%+9.9%+243.0%+31.1%——————
EV / EBITDA17.9812.8414.3619.2419.2915.7136.0117.4319.0413.2517.05——
—-18.3%-60.1%+10.4%+1.3%+18.5%+111.3%——————
EV / EBIT24.0515.9717.2323.6424.7119.5162.1322.7421.5116.6920.94——
—-18.1%-72.3%+4.0%+14.9%+16.9%+196.7%——————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Kenvue Inc.'s operating margin was 16.7% in Q3 2025, down 1.3 pp QoQ and down 0.1 pp YoY. The trailing four-quarter average of 15.7% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin58.0%59.1%58.9%58.0%56.5%58.5%59.1%57.6%55.7%57.5%55.5%55.2%54.7%
—+1.0%-0.4%+0.7%+1.4%+1.8%+6.6%+4.4%+1.9%+2.3%+4.4%——
Operating Margin11.9%16.7%18.0%14.9%13.2%16.8%3.9%14.1%12.5%18.1%17.5%16.6%16.8%
—-0.4%+368.2%+5.6%+5.1%-7.5%-78.0%-15.0%-25.5%-16.7%+29.1%——
Net Margin6.7%10.6%10.9%8.6%8.0%9.8%1.5%7.6%8.9%11.2%10.7%12.2%9.6%
—+7.6%+654.5%+13.2%-10.3%-12.2%-86.5%-37.6%-7.0%-27.8%-2.6%——

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE9.9%3.7%4.0%3.3%2.9%3.7%0.6%2.7%3.0%4.0%2.7%2.3%1.9%
—+1.3%+624.7%+20.4%-2.5%-7.9%-79.7%+16.4%+59.4%+34.0%+36.3%——
ROA3.9%1.5%1.6%1.2%1.1%1.4%0.2%1.1%1.2%1.6%1.4%1.5%1.4%
—+2.0%+628.8%+15.7%-6.3%-10.5%-84.1%-28.0%-12.0%-26.2%-7.4%——
ROIC7.8%2.5%2.9%2.4%2.0%2.7%0.6%2.3%1.9%2.9%2.4%1.8%2.1%
—-6.0%+345.4%+5.1%+7.1%-6.8%-72.7%+27.8%-8.6%-10.6%+22.6%——

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Kenvue Inc.'s Debt/EBITDA ratio is 11.8x, up from 10.5x last quarter — elevated, raising questions about debt serviceability.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.900.860.810.880.900.830.850.820.750.770.780.380.45
—+3.3%-3.6%+7.5%+20.0%+8.2%+8.5%+113.1%+65.9%—+12222.2%——
Debt / EBITDA3.5411.8310.4812.7613.7710.5629.1712.4413.299.6810.129.8411.31
—+12.0%-64.1%+2.5%+3.6%+9.1%+188.2%+26.4%+17.5%—+5298.0%——
Current Ratio0.960.980.980.860.961.000.990.991.121.141.171.531.50
—-1.9%-1.3%-13.4%-14.0%-12.5%-15.6%-35.3%-25.2%-19.2%-3.7%——
Quick Ratio0.690.690.680.600.690.690.680.680.780.780.791.000.93
—-0.7%+0.3%-11.5%-12.4%-10.8%-14.2%-31.8%-15.9%-9.8%-0.8%——
Interest Coverage4.276.766.475.213.266.811.455.052.257.1013.25640.00—
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 14 years · Updated daily

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Frequently Asked Questions

What is Kenvue Inc.'s quarterly P/E ratio trend?

Kenvue Inc.'s current P/E is 35.4x. The average P/E over the last 4 quarters is 28.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Kenvue Inc.'s margins change by quarter?

Kenvue Inc.'s current operating margin is 11.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at KVUE quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Kenvue Inc.'s business trajectory between earnings reports.

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