KVUE
Kenvue Inc.Stock · Consumer StaplesS&P 500 Equal Weight 0.2% · S&P 500 0.06% · Russell 1000 0.05% · US Stock Market 0.05% · Russell 3000 0.05% · MSCI World 0.04% · MSCI ACWI 0.03%$17.78-0.06%
as of market close, Sep 11, 2026
☾ AH — —
KVUE financial statements
The full income statement, balance sheet, and cash-flow statement for Kenvue Inc. (KVUE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 1.92B2024-09 1.92B2024-12 1.91B2025-03 1.92B2025-06 1.92B2025-09 1.92B2025-12 1.92B2026-03 1.92B2026-06 1.92B+0.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | |
| Revenue | 15.1B-2.1% | 15.5B+0.1% | 15.4B+3.3% | 14.9B-0.7% | 15.1B | |
| 8.79B-1.9% | 8.96B+3.7% | 8.64B+4.3% | 8.29B-1.6% | 8.42B | ||
| Cost of revenue | 6.33B-2.5% | 6.50B-4.5% | 6.80B+2.0% | 6.67B+0.5% | 6.63B | |
| Research & development | 382M-6.4% | 408M+2.3% | 399M+6.4% | 375M+5.6% | 355M | |
| Selling, general & administrative | 6.09B-3.8% | 6.33B+3.1% | 6.14B+9.0% | 5.63B+2.7% | 5.48B | |
| Restructuring | 290M+56.8% | 185M | 0.00 | 0.00-100.0% | 117M | |
| Amortization of intangibles | 257M-4.5% | 269M-16.5% | 322M-7.5% | 348M-15.9% | 414M | |
| Provision for credit losses | 11.0M+83.3% | 6.00M+50.0% | 4.00M-55.6% | 9.00M+125.0% | 4.00M | |
| Operating income | 2.41B+31.1% | 1.84B-26.7% | 2.51B-6.1% | 2.67B-8.4% | 2.92B | |
| Interest expense | 430M-0.2% | 431M+72.4% | 250M | 0.00 | 0.00 | |
| Net interest income | — | — | -250M | 0.00 | 0.00 | |
| Other non-operating income | 10.0M+150.0% | 4.00M+157.1% | -7.00M-333.3% | 3.00M-88.0% | 25.0M | |
| Pre-tax income | 2.00B+41.3% | 1.42B-35.4% | 2.19B-17.0% | 2.64B-9.8% | 2.92B | |
| Income tax | 529M+37.4% | 385M-26.8% | 526M-8.2% | 573M-32.3% | 847M | |
| Net income | 1.47B+42.7% | 1.03B-38.1% | 1.66B-19.4% | 2.06B-0.7% | 2.08B | |
| $0.76+40.7% | $0.54-40.0% | $0.90-25.0% | $1.20-0.8% | $1.21 | ||
| EPS (basic) | $0.77+42.6% | $0.54-40.0% | $0.90-25.0% | $1.20-0.8% | $1.21 | |
| Weighted-avg shares (basic) | 1.92B+0.1% | 1.92B+3.7% | 1.85B+7.6% | 1.72B-0.0% | 1.72B | |
| Weighted-avg shares (diluted) | 1.92B+0.1% | 1.92B+3.9% | 1.85B+7.8% | 1.72B-0.0% | 1.72B | |
| Dividends per share | $0.82+1.9% | $0.81+102.5% | $0.40 | — | — | |
| Balance Sheet | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | |
| 5.70B+3.1% | 5.53B-10.0% | 6.14B+4.4% | 5.88B | — | ||
| Cash & equivalents | 1.06B-0.7% | 1.07B-22.6% | 1.38B+12.3% | 1.23B+66.4% | 740M | |
| Accounts receivable | 2.38B+10.0% | 2.17B+4.4% | 2.07B-2.3% | 2.12B | — | |
| Inventory | 1.67B+4.7% | 1.59B-14.0% | 1.85B-16.8% | 2.23B | — | |
| Prepaid expenses | 432M-12.6% | 494M-12.9% | 567M+224.0% | 175M | — | |
| Other current assets | 155M-24.4% | 205M-22.6% | 265M+115.4% | 123M | — | |
| 27.1B+5.8% | 25.6B-8.1% | 27.9B+2.0% | 27.3B | — | ||
| Property, plant & equipment | 2.21B+19.6% | 1.85B-9.5% | 2.04B+12.2% | 1.82B | — | |
| Operating lease right-of-use | 151M+36.0% | 111M-20.1% | 139M+26.4% | 110M | — | |
| Goodwill | 9.51B+7.5% | 8.84B-4.6% | 9.27B+0.9% | 9.19B-6.4% | 9.81B | |
| Intangible assets | 8.69B+2.6% | 8.47B-11.9% | 9.62B-2.4% | 9.85B | — | |
| Deferred tax assets | 237M+28.8% | 184M+16.5% | 158M+7.5% | 147M | — | |
| Other non-current assets | 727M+0.1% | 726M+16.5% | 623M+43.5% | 434M | — | |
| 5.95B+3.6% | 5.74B+4.7% | 5.48B+39.6% | 3.93B | — | ||
| Accounts payable | 2.47B+9.7% | 2.25B-9.4% | 2.49B+36.1% | 1.83B | — | |
| Accrued liabilities | 1.16B+2.4% | 1.13B-22.3% | 1.46B+60.7% | 906M | — | |
| Short-term & current debt | 750M+0.0% | 750M | 0.00 | 0.00 | — | |
| Current lease liability | 43.0M+19.4% | 36.0M-18.2% | 44.0M+25.7% | 35.0M | — | |
| 16.3B+2.4% | 15.9B-4.2% | 16.6B+126.5% | 7.35B | — | ||
| Long-term debt | 7.82B+0.2% | 7.80B+1.5% | 7.69B | 0.00 | — | |
| Non-current lease liability | 107M+40.8% | 76.0M-21.6% | 97.0M+19.8% | 81.0M | — | |
| Operating lease liability (total) | 150M+33.9% | 112M-20.6% | 141M+21.6% | 116M | — | |
| Finance lease liability (total) | 135M+11.6% | 121M | — | — | — | |
| Deferred tax liabilities | 2.35B+4.1% | 2.26B-13.7% | 2.62B+5.7% | 2.48B | — | |
| Other non-current liabilities | 601M+12.1% | 536M+9.2% | 491M-32.5% | 727M | — | |
| 10.8B+11.3% | 9.67B-13.8% | 11.2B-43.9% | 20.0B-2.5% | 20.5B | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Common stock | 19.0M+0.0% | 19.0M+0.0% | 19.0M | 0.00 | — | |
| Additional paid-in capital | 16.3B+1.4% | 16.1B-0.1% | 16.1B | 0.00 | — | |
| Retained earnings | -204M-119.4% | -93.0M-121.7% | 429M | 0.00 | — | |
| Treasury stock | 439M+81.4% | 242M+3357.1% | 7.00M | 0.00 | — | |
| Accumulated other comprehensive income | -4.96B+19.3% | -6.15B-14.3% | -5.38B+1.4% | -5.46B | — | |
| Total liabilities & equity | 27.1B+5.8% | 25.6B-8.1% | 27.9B+2.0% | 27.3B | — | |
| Common shares issued | 1.94B+0.6% | 1.92B+0.5% | 1.92B+0.0% | 1.92B | — | |
| Common shares outstanding | 1.92B+0.1% | 1.91B-0.1% | 1.92B+0.0% | 1.92B | — | |
| Shares outstanding (cover) | 1.92B+0.3% | 1.91B-0.2% | 1.91B | — | — | |
| Cash Flow | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | |
| 2.20B+24.2% | 1.77B-44.2% | 3.17B+25.5% | 2.52B+656.0% | 334M | ||
| Depreciation & amortization | 557M-10.5% | 622M-0.8% | 627M-2.6% | 644M-11.9% | 731M | |
| Intangible amortization | 257M-4.5% | 269M-16.5% | 322M-7.5% | 348M-15.9% | 414M | |
| Share-based compensation | 136M-46.5% | 254M+35.1% | 188M+37.2% | 137M-2.8% | 141M | |
| Deferred income taxes | -108M+62.1% | -285M-150.0% | -114M-163.3% | 180M-65.5% | 521M | |
| Change in receivables | 112M-48.6% | 218M+595.5% | -44.0M-131.0% | 142M-53.1% | 303M | |
| Change in inventory | 12.0M+106.6% | -182M+47.9% | -349M-160.0% | 582M+655.8% | 77.0M | |
| Change in payables | — | — | 390M+650.0% | 52.0M-84.2% | 330M | |
| -436M-2.6% | -425M+12.9% | -488M-25.1% | -390M-128.1% | -171M | ||
| Capital expenditure | 475M+9.4% | 434M-7.5% | 469M+25.1% | 375M+27.1% | 295M | |
| Free cash flow | 1.72B+29.0% | 1.33B-50.5% | 2.70B+25.5% | 2.15B+5412.8% | 39.0M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | -15.0M+0.0% | -15.0M-137.5% | 40.0M+73.9% | 23.0M+148.9% | -47.0M | |
| -1.84B-17.4% | -1.56B+38.1% | -2.53B-59.6% | -1.58B | 0.00 | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 197M-16.2% | 235M+3257.1% | 7.00M | 0.00 | 0.00 | |
| Dividends paid | 1.58B+1.9% | 1.55B+102.6% | 766M | 0.00 | 0.00 | |
| Other financing activities | 91.0M+40.0% | 65.0M+133.7% | -193M | 0.00 | 0.00 | |
| FX effect on cash | 68.0M+174.7% | -91.0M-4450.0% | -2.00M+96.7% | -61.0M-48.8% | -41.0M | |
| Net change in cash | -8.00M+97.4% | -312M-306.6% | 151M-69.2% | 491M+302.5% | 122M | |
| Interest paid | 440M+0.2% | 439M+96.0% | 224M | 0.00 | 0.00 | |
| Income taxes paid | 595M-26.5% | 810M+15.9% | 699M+121.2% | 316M-12.9% | 363M | |
| Valuation Ratios | as ofDec 28 ’25 | as ofDec 29 ’24 | as ofDec 31 ’23 | as ofJan 1 ’23 | as ofJan 2 ’22 | |
| Market cap | 32.9B-20.2% | 41.3B+0.1% | 41.2B | — | — | |
| P/E | 23.0×-40.8% | 38.8×+59.8% | 24.3× | — | — | |
| P/S | 2.2×-17.8% | 2.7×+0.7% | 2.7× | — | — | |
| P/B | 3.1×-20.1% | 3.9×+2.5% | 3.8× | — | — | |
| P/FCF | 20.1×-31.8% | 29.5×+75.6% | 16.8× | — | — | |
| Earnings yield | 4.4%+68.8% | 2.6%-37.4% | 4.1% | — | — | |
| FCF yield | 5.0%+46.6% | 3.4%-43.0% | 6.0% | — | — | |
| Dividend yield | 4.8%+27.6% | 3.8%+102.5% | 1.9% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: KVUE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KVUE filings on SEC EDGAR → Not investment advice.