Kenvue Inc. Financial Ratios — KVUE Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	10.72	10.23	10.67	9.87	14.39
Return on Assets (%)	- -	- -	7.28	7.47	6.03	3.85	5.58
Return on Capital (%)	- -	- -	10.69	10.16	9.75	7.07	9.44
Return on Invested Capital (%)	- -	- -	10.49	10.16	9.48	6.98	9.33
Gross Margin (%)	53.49	54.25	55.93	55.42	55.96	57.97	58.13
EBITDA Margin (%)	17.84	-1.61	24.25	22.2	20.33	15.94	19.64
Operating Margin (%)	16.75	20.65	20.15	17.98	16.14	17.01	17.95
Incremental Operating Margin (%)	- -	411.89	7.84	332.69	- -	1,236.36	- -
Pretax Margin (%)	14.8	-7.02	19.43	17.64	14.18	9.16	13.22
Profit Margin (%)	10.02	-6.08	13.8	13.81	10.77	6.66	9.72
Net Income to Common Margin (%)	10.02	-6.08	13.8	13.81	10.77	6.66	9.72
Effective Tax Rate (%)	32.31	- -	28.96	21.73	24.02	27.21	26.46
Dvd Payout Ratio (%)	- -	- -	- -	- -	874.64	150.68	107.55
Sustainable Growth Rate (%)	- -	- -	10.72	10.23	-82.68	-5	-1.09

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	129	116	8,427	8,720	8,674
ST Debt	- -	- -	47	35	643	1,588	1,496
LT Debt	- -	- -	82	81	7,784	7,132	7,178
Total Debt/EBITDA	- -	- -	0.04	0.03	2.68	3.54	2.92
Net Debt/EBITDA	- -	2.65	-0.2	2.32	2.2	3.01	2.47
Total Debt/EBIT	- -	- -	0.04	0.04	3.35	4.74	3.59
Net Debt/EBIT	- -	0.63	-0.25	2.88	2.75	4.03	3.04
EBITDA to Interest Expense	- -	- -	- -	- -	8.77	5.71	6.91
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	7.46	4.71	5.8
EBIT to Interest Expense	- -	- -	- -	- -	6.96	6.1	6.31
Interest Expense	- -	- -	- -	- -	358	431	430
Common Equity/Total Assets	- -	62.91	73.04	73.11	40.25	37.76	39.76
Long-Term Debt/Equity (%)	- -	- -	0.4	0.41	69.43	73.77	66.68
Long-Term Debt/Capital (%)	- -	- -	0.4	0.4	39.64	38.79	36.93
Long-Term Debt/Total Assets (%)	- -	- -	0.29	0.3	27.95	27.86	26.51
Total Debt/Equity (%)	- -	- -	0.63	0.58	75.17	90.19	80.58
Total Debt/Capital (%)	- -	- -	0.63	0.58	42.91	47.42	44.62
Total Debt/Total Assets (%)	- -	- -	0.46	0.42	30.26	34.06	32.04
Net Debt to Equity	- -	-3.37	-3.63	38.55	61.58	76.74	68.08
Net Debt/Capital (%)	- -	-3.48	-3.74	40.83	37.82	42.84	39.88
EBITDA	2,555	-233	3,651	3,319	3,139	2,463	2,971
EBITDA-CapEx	2,266	-462	3,356	2,944	2,670	2,029	2,496
Operating Income (Loss)	2,399	2,988	3,034	2,688	2,493	2,629	2,715

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.08	0.18	0.31	0.25	0.19	0.18
Current Ratio	- -	0.61	1.22	1.5	1.12	0.96	0.96
Quick Ratio	- -	0.37	0.76	0.9	0.73	0.65	0.65
CFO/Avg Current Liab	- -	- -	0.06	0.63	0.67	0.32	0.38
Common Equity/Total Assets	- -	62.91	73.04	73.11	40.25	37.76	39.76
Long-Term Debt/Equity (%)	- -	- -	0.4	0.41	69.43	73.77	66.68
Long-Term Debt/Capital (%)	- -	- -	0.4	0.4	39.64	38.79	36.93
Long-Term Debt/Total Assets (%)	- -	- -	0.29	0.3	27.95	27.86	26.51
Total Debt/Equity (%)	- -	- -	0.63	0.58	75.17	90.19	80.58
Total Debt/Capital (%)	- -	- -	0.63	0.58	42.91	47.42	44.62
Total Debt/Total Assets (%)	- -	- -	0.46	0.42	30.26	34.06	32.04
CFO/Total Liabilities	- -	31.39	4.44	34.37	19.04	11.1	13.47
CFO/CapEx	10.37	14.83	1.13	6.73	6.75	4.08	4.63
Altman's Z-Score	- -	- -	- -	- -	- -	4.43	3.86

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	7.66	7.13	7.36	7.29	6.65
Days Sales Outstanding	- -	- -	47.67	51.22	49.57	50.04	54.87
Inventory Turnover	- -	- -	3.92	3.39	3.34	3.77	3.89
Days Inventory Outstanding	- -	- -	93.16	107.56	109.4	96.7	93.87
Accounts Payable Turnover	- -	- -	3.91	3.93	2.98	2.63	2.71
Accounts Payable Turnover Days	- -	- -	93.44	92.81	122.63	138.81	134.65
Cash Conversion Cycle	- -	- -	47.38	65.97	36.34	7.94	14.09
Inventory to Cash Days	- -	- -	-45.49	-56.33	-59.83	-46.66	-39
Inventories	- -	1,685	1,702	2,226	1,851	1,591	1,666
Raw Materials	- -	238	264	351	304	274	275
Work In Process	- -	87	99	123	115	101	103
Finished Goods	- -	1,360	1,339	1,752	1,432	1,216	1,288
Other Inventory	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	41,436	32,996
- Cash & Cash Equivalents	- -	618	740	1,231	1,382	1,070	1,062
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	129	116	8,427	8,720	8,674
Enterprise Value	- -	- -	- -	- -	- -	49,086	40,608
Total Capital	- -	18,356	20,528	20,086	19,638	18,388	19,439
Total Debt/Capital (%)	- -	- -	0.63	0.58	42.91	47.42	44.62
Total Debt / EV	- -	- -	- -	- -	- -	0.18	0.21
EV/Sales	- -	- -	- -	- -	- -	3.18	2.69
EV/EBITDA	- -	- -	- -	- -	- -	19.93	13.67
EV/EBIT	- -	- -	- -	- -	- -	26.66	16.82
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	23.57	16.16
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	29.77	19.92
Diluted Market Cap	- -	- -	- -	- -	- -	41,636	33,132
Diluted Enterprise Value	- -	- -	- -	- -	- -	49,286	40,744
EV per Share	- -	- -	- -	- -	- -	25.65	21.19
TTM Sales	14,324	14,467	15,054	14,950	15,444	15,455	15,124
TTM EBITDA	2,555	-233	3,651	3,319	3,139	2,463	2,971
TTM Operating Income	2,399	2,988	3,034	2,688	2,493	2,629	2,715
TTM Cash Flow to Firm	2,998	- -	334	2,525	3,440	2,083	2,513
TTM Free Cash Flow to Firm	2,709	- -	39	2,150	2,971	1,649	2,038

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	31.19	19.24
EV/EBIT	- -	- -	- -	- -	- -	26.66	16.82
Enterprise Value	- -	- -	- -	- -	- -	49,086	40,608
Low Price	- -	- -	- -	- -	- -	17.19	13.98
EV/Sales	- -	- -	- -	- -	- -	3.18	2.69
EV/EBITDA	- -	- -	- -	- -	- -	19.93	13.67
Price/Earnings	- -	- -	- -	- -	- -	40.26	22.46
Price/Earnings Average	- -	- -	- -	- -	- -	36.25	22.72
Price/Earnings High	- -	- -	- -	- -	- -	42.38	30.48
Price/Earnings Low	- -	- -	- -	- -	- -	31.95	18.23
Price/Book Value	- -	- -	- -	- -	- -	4.29	3.07
Price/Book Value Average	- -	- -	- -	- -	- -	3.86	3.1
Price/Book Value High	- -	- -	- -	- -	- -	4.51	4.16
Price/Book Value Low	- -	- -	- -	- -	- -	3.4	2.49
Price/Tangible Book Value	- -	- -	- -	- -	- -	-5.42	-4.44
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	-4.88	-4.49
Price/Tangible Book Value High	- -	- -	- -	- -	- -	-5.7	-6.02
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	-4.3	-3.6
Price/Sales	- -	- -	- -	- -	- -	2.68	2.18
Price/Sales Average	- -	- -	- -	- -	- -	2.42	2.21
Price/Sales High	- -	- -	- -	- -	- -	2.82	2.96
Price/Sales Low	- -	- -	- -	- -	- -	2.13	1.77
Price/Cash Flow	- -	- -	- -	- -	- -	23.44	15.03
Price/Cash Flow Average	- -	- -	- -	- -	- -	21.11	15.2
Price/Cash Flow High	- -	- -	- -	- -	- -	24.67	20.4
Price/Cash Flow Low	- -	- -	- -	- -	- -	18.6	12.2
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	28.08	19.47
Price/Free Cash Flow High	- -	- -	- -	- -	- -	32.83	26.12
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	24.76	15.62
EV/Sales Average	- -	- -	- -	- -	- -	2.91	2.71
EV/Sales High	- -	- -	- -	- -	- -	3.32	3.46
EV/Sales Low	- -	- -	- -	- -	- -	2.62	2.27
EV/EBITDA Average	- -	- -	- -	- -	- -	18.25	13.8
EV/EBITDA High	- -	- -	- -	- -	- -	20.82	17.64
EV/EBITDA Low	- -	- -	- -	- -	- -	16.46	11.58
EV/EBIT Average	- -	- -	- -	- -	- -	24.42	16.98
EV/EBIT High	- -	- -	- -	- -	- -	27.85	21.71
EV/EBIT Low	- -	- -	- -	- -	- -	22.02	14.25
Last Price	- -	- -	- -	- -	- -	21.65	17.22
High Price	- -	- -	- -	- -	- -	22.79	23.37
Enterprise Value Average	- -	- -	- -	- -	- -	44,962	41,001
Enterprise Value High	- -	- -	- -	- -	- -	51,269	52,400
Enterprise Value Low	- -	- -	- -	- -	- -	40,540	34,392

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	1,889	1,889	1,889	1,889	1,915	1,914	1,916
Diluted Weighted Avg Shares	1,889	1,889	1,889	1,889	1,850	1,923	1,924
Basic Weighted Avg Shares	1,889	1,889	1,889	1,889	1,846	1,915	1,917
Revenue per Share	7.58	7.66	7.97	7.91	8.37	8.07	7.89
EBITDA per Share	1.35	-0.12	1.93	1.76	1.7	1.29	1.55
Operating Income per Share	1.27	1.58	1.61	1.42	1.35	1.37	1.42
Basic EPS, GAAP	0.76	-0.47	1.1	1.09	0.9	0.54	0.77
Basic EPS from Cont Ops	0.76	-0.47	1.1	1.09	0.9	0.54	0.77
Diluted EPS, GAAP	0.76	-0.47	1.1	1.09	0.9	0.54	0.76
Diluted EPS from Cont Ops	0.76	-0.47	1.1	1.09	0.9	0.54	0.76
Dividend per Share	- -	- -	- -	- -	7.88	0.81	0.82
Cash Flow per Share	1.59	1.8	0.18	1.34	1.72	0.92	1.15
Free Cash Flow per Basic Share	1.43	1.68	0.02	1.14	1.46	0.7	0.9
Cash & Equivalents per Share	- -	0.33	0.39	0.65	0.72	0.56	0.55
Book Value per Share	- -	9.72	10.8	10.57	5.85	5.05	5.62
Tangible Book Value per Share	- -	-1.9	-0.06	0.49	-4.01	-4	-3.88