Kenvue (KVUE) Financial Statements

Financials

all figures in US$ Millions except per share data

Sections:

Periods:

View:

Format:

Actual

10 year cagr

Fiscal

2019

2020

2021

2022

2023

2024

2025

Average (A)

Fiscal period end dates

Expand all rows

01Earnings per share

0.8

(0.5)

1.1

0.9

0.5

0.8

02Free cash flow per share

1.4

1.7

1.1

1.4

0.7

0.9

(7.6)%

03Dividends per share

0.4

0.8

04Dividends payout, %

8.8%

1.5%

1.1%

PROFIT AND LOSS STATEMENT

05Revenue

$ 14,324

$ 14,467

$ 15,054

$ 14,950

$ 15,444

$ 15,455

$ 15,124

0.9%

06% Change

4.1%

(0.7)%

3.3%

0.1%

(2.1)%

0.9%

07Cost of revenue

(6,662)

(6,619)

(6,635)

(6,665)

(6,801)

(6,496)

(6,332)

(0.8)%

08Gross profit

7,662

7,848

8,419

8,285

8,643

8,959

8,792

2.3%

09% Margin

53.5%

54.3%

55.9%

55.4%

56%

58%

58.1%

55.9% A

10Operating expenses

(5,816)

(8,827)

(5,499)

(5,610)

(6,131)

(7,118)

(6,088)

0.8%

11% of Revenue

(40.6)%

(61)%

(36.5)%

(37.5)%

(39.7)%

(46.1)%

(40.3)%

(43.1)% A

12Operating Income

1,846

(979)

2,920

2,675

2,512

1,841

2,704

6.6%

13Income tax expense

(685)

(137)

(847)

(573)

(526)

(385)

(529)

(4.2)%

14Net Income

1,435

(879)

2,078

2,064

1,664

1,030

1,470

0.4%

15% Margin

10%

(6.1)%

13.8%

10.8%

6.7%

9.7%

8.4% A

16Shares Outstanding

1,888,973

1,914,894

1,915,057

1,923,000

1,924,000

0.3%

17EPS Basic

0.8

(0.5)

1.1

0.9

0.5

0.8

0.2%

18EPS Diluted

0.8

(0.5)

1.1

0.9

0.5

0.8

19EBITDA

3,108

3,734

3,656

3,281

3,175

2,468

2,935

(1)%

% Margin

21.7%

25.8%

24.3%

22%

20.6%

16%

19.4%

21.4% A

20Net Interest Income (expense)

(250)

(378)

(379)

21Net Debt / EBITDA

(0.2)

2.4

2.2

3.1

2.5

1.7 A

BALANCE SHEET

ASSETS

Current Assets

22Cash & equivalents

618

740

1,231

1,382

1,070

1,062

11.4%

23Short-term investments

24Accounts receivable

2,130

2,331

2,297

2,640

2,659

2,814

5.7%

25Other current assets

162

154

123

265

205

155

(0.9)%

26Inventory

1,685

1,702

2,226

1,851

1,591

1,666

(0.2)%

27Total Current Assets

4,595

4,927

5,877

6,138

5,525

5,697

4.4%

Non-Current Assets

28Net property, plant & equipment

1,957

1,827

1,820

2,042

1,849

2,212

2.5%

29Long-term investments

30Other non-current assets

22,625

21,175

19,619

19,671

18,227

19,167

(3.3)%

31Total Non-Current Assets

24,582

23,002

21,439

21,713

20,076

21,379

(2.8)%

Total Assets

29,177

27,929

27,316

27,851

25,601

27,076

(1.5)%

LIABILITIES

Current Liabilities

32Accounts payable

1,579

1,827

1,829

2,489

2,254

2,473

9.4%

33Short-term debt

643

1,588

1,453

34Other current liabilities

5,915

2,168

2,062

2,349

1,897

2,019

(19.3)%

35Total Current Liabilities

7,494

4,042

3,926

5,481

5,739

5,945

(4.5)%

Non-Current Liabilities

36Long-term debt

9,011

7,784

7,131

7,071

37Other non-current liabilities

3,327

3,406

(5,591)

3,375

3,063

3,295

(0.2)%

38Total Non-Current Liabilities

3,327

3,488

3,420

11,159

10,194

10,366

25.5%

39Total Liabilities

10,821

7,530

7,346

16,640

15,933

16,311

8.6%

SHAREHOLDERS` EQUITY

40Common stock

41Retained earnings / (deficit)

429

(93)

(204)

42Accumulated other comprehensive income / (loss)

(3,572)

(4,473)

(5,455)

(5,377)

(6,146)

(4,959)

6.8%

43Noncontrolling interests

44Total shareholders' equity

18,356

20,399

19,970

11,211

9,668

10,765

(10.1)%

45Total Liabilities and shareholders' Equity

29,177

27,929

27,316

27,851

25,601

27,076

(1.5)%

46Total Debt

129

9,046

8,427

8,719

8,524

47Net Debt

(618)

(611)

7,815

7,045

7,649

7,462

CASH FLOW STATEMENT

CASH FLOWS FROM OPERATING ACTIVITIES

48Net income (loss)

1,435

(879)

2,078

2,064

1,664

1,030

1,470

0.4%

49Depreciation & amortization

709

746

731

644

627

622

557

(3.9)%

50Share-based compensation expense

102

115

141

137

188

254

136

4.9%

51Changes in working capital and other assets

752

3,415

(2,616)

(320)

689

(137)

(40.3)%

52Net cash flows from operating activities

2,998

3,397

334

2,525

3,168

1,769

2,197

(5.1)%

CASH FLOWS FROM INVESTING ACTIVITIES

53Purchases of property, plant and equipment

(289)

(229)

(295)

(375)

(469)

(434)

(0.5)

(65.4)%

54Purchases of investments / marketable securities

(20)

(30)

(12)

(5)

55Proceeds from maturities of marketable securities

(63)

(146)

56Other investing activities

(1,783)

322

(18)

(19)

(435.5)

(20.9)%

57Net cash flows from investing activities

(2,155)

(83)

(171)

(390)

(488)

(425)

(436)

(23.4)%

CASH FLOWS FROM FINANCING ACTIVITIES

58Issuance (repurchases) of common stock, net

4,241

(235)

(197)

59Dividends paid, net

(14,554)

(1,552)

(1,581)

60Debt issuance (repayments), net

(40)

(11)

(7)

8,246

159

(150)

24.6%

61Other financing activities

(645)

(3,446)

(1,597)

(460)

62Net cash flows from financing activities

(685)

(3,457)

(1,583)

(2,527)

(1,565)

(1,837)

17.9%

63Increase (decrease) in cash and cash equivalents

147

(134)

122

491

151

(312)

(8)

64Cash and equivalents, ending balance

752

618

740

1,231

1,382

1,070

1,062

5.9%

65Free Cash Flow to the Firm (FCFF)

2,709

3,168

2,150

2,699

1,335

2,197

(3.4)%

Annual report links (10K)

2025 2024 2023

Kenvue (KVUE) financial statements and performance

Explore Kenvue (KVUE) annual and quarterly financial statements, including revenue, operating income, net income, cash flow, assets, liabilities, and per-share metrics.

Compare reporting periods and financial trends to evaluate profitability, balance-sheet strength, cash generation, and long-term business performance.

Kenvue

Annual Reports, Presentations And IR Contacts

Kenvue (KVUE) financial statements and performance