Kenvue annual operating margin
2021
2022
2023
2024
2025
Kenvue Operating Margin Growth & History (KVUE)
Kenvue's operating margin was 15.96% for fiscal 2025.
View full Kenvue company overviewKenvue annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-28 | 15.96% | +4.05 pp |
| 2024 | 2024-12-29 | 11.91% | −4.35 pp |
| 2023 | 2023-12-31 | 16.27% | −1.63 pp |
| 2022 | 2023-01-01 | 17.89% | −1.50 pp |
| 2021 | 2022-01-02 | 19.40% | — |
Kenvue quarterly operating margin
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-28 | 17.67% | −0.35 pp |
| Q1 2026 | 2026-03-29 | 19.62% | +4.71 pp |
| Q4 2025 | 2025-12-28 | 14.15% | +0.96 pp |
| Q3 2025 | 2025-09-28 | 16.71% | −0.06 pp |
| Q2 2025 | 2025-06-29 | 18.03% | +14.18 pp |
| Q1 2025 | 2025-03-30 | 14.92% | +0.79 pp |
| Q4 2024 | 2024-12-29 | 13.19% | +0.64 pp |
| Q3 2024 | 2024-09-29 | 16.77% | −1.36 pp |
| Q2 2024 | 2024-06-30 | 3.85% | −13.65 pp |
| Q1 2024 | 2024-03-31 | 14.12% | −2.49 pp |
| Q4 2023 | 2023-12-31 | 12.55% | −1.55 pp |
| Q3 2023 | 2023-10-01 | 18.14% | −2.00 pp |
| Q2 2023 | 2023-07-02 | 17.50% | −2.74 pp |
| Q1 2023 | 2023-04-02 | 16.61% | −0.40 pp |
| Q4 2022 | 2023-01-01 | 14.10% | — |
| Q3 2022 | 2022-10-02 | 20.14% | — |
| Q2 2022 | 2022-07-03 | 20.24% | — |
| Q1 2022 | 2022-04-03 | 17.02% | — |
Kenvue operating margin trends
Across the available reported history, Kenvue's operating margin increased from 11.91% to 15.96%, a change of +4.05 percentage points. The latest reported quarter, Q2 2026, shows 17.67%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Kenvue filings at SEC.gov ↗