Kenvue Inc. (KVUE) closed fiscal year 2025 with a gross margin of 58.1 % and a net margin of 9.7 %.
Kenvue Inc. (KVUE) closed fiscal year 2025 with a gross margin of 58.1 % and a net margin of 9.7 %. The same year shows an EBITDA margin of 19.6 % and an EBIT margin of 16.0 %. The free cash flow margin was 11.4 %. Against the previous year the gross margin moved +0.2 pp and the net margin +3.1 pp. Across the period the gross margin ranges between 55.4 % in 2022 and 58.1 % in 2025. The series covers 5 fiscal years, from 2021 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Gross margin (%) | 55.93 % | 55.42 % | 55.96 % | 57.97 % | 58.13 % |
| EBITDA margin (%) | 24.25 % | 22.20 % | 20.33 % | 15.94 % | 19.64 % |
| EBIT margin (%) | 19.40 % | 17.89 % | 16.27 % | 11.91 % | 15.96 % |
| Net margin (%) | 13.80 % | 13.81 % | 10.77 % | 6.66 % | 9.72 % |
| FCF margin (%) | 0.26 % | 14.38 % | 17.48 % | 8.64 % | 11.39 % |
