Kenvue (KVUE) Operating Margin (2022 - 2026)
Kenvue's (KVUE) quarterly Operating Margin came in at 17.67% in Q2 2026, down 35.0% year-over-year from 27.19% in Q2 2025, and down 9.93% quarter-over-quarter from 19.62% in Q1 2026.
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Kenvue (KVUE) Operating Margin (2022 - 2026) Analysis & Trends
Kenvue (KVUE) has reported Operating Margin for 5 consecutive years, with 17.67% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 35.0% year-over-year to 17.67% in Q2 2026; TTM through Jun 2026 was 17.07%, a 130.0% increase from a year earlier, with the FY2025 full-year figure at 15.96%, up 405.0% from the prior year.
- Operating Margin was 17.67% for Q2 2026 at Kenvue, down from 19.62% in the prior quarter.
- Over five years, Operating Margin peaked at 20.24% in Q3 2022 and troughed at 3.85% in Q2 2024.
- A 5-year average of 15.96% and a median of 16.77% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin tumbled 1365 bps in 2024 and surged 1418 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 20.14% in 2022, then tumbled by 38 bps to 12.55% in 2023, then climbed by 5 bps to 13.19% in 2024, then rose by 7 bps to 14.15% in 2025, then grew by 25 bps to 17.67% in 2026.
- The last three Operating Margin figures came in at 17.67% (Q2 2026), 19.62% (Q1 2026), and 14.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colgate Palmolive | 70.76 Bn | 69.72 Bn | 3.30 Bn | 18.95% |
| 2 | Kenvue | 35.95 Bn | 34.84 Bn | 2.30 Bn | 17.67% |
| 3 | Kimberly Clark | 34.91 Bn | 34.08 Bn | 1.60 Bn | 15.11% |
| 4 | Bath & Body Works | 3.94 Bn | 3.15 Bn | 692.00 Mn | 14.27% |
| 5 | Prestige Consumer Healthcare | 2.94 Bn | 2.87 Bn | - | - |
| 6 | Perrigo | 2.07 Bn | 1.67 Bn | 313.90 Mn | 2.30% |
| 7 | Edgewell Personal Care | 1.33 Bn | 933.73 Mn | 242.50 Mn | 4.39% |
| 8 | Herbalife | 1.30 Bn | 935.57 Mn | 1.03 Bn | 9.67% |
| 9 | TFA Therapeutics | 1.02 Bn | 1.02 Bn | - | - |
| 10 | Honest Company | 682.25 Mn | 576.35 Mn | 40.36 Mn | 11.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 17.67% |
| Mar 29, 2026 | 19.62% |
| Dec 28, 2025 | 14.15% |
| Sep 28, 2025 | 16.71% |
| Jun 29, 2025 | 18.03% |
| Mar 30, 2025 | 14.92% |
| Dec 29, 2024 | 13.19% |
| Sep 29, 2024 | 16.77% |
| Jun 30, 2024 | 3.85% |
| Mar 31, 2024 | 14.12% |
| Dec 31, 2023 | 12.55% |
| Oct 1, 2023 | 18.14% |
| Jul 2, 2023 | 17.50% |
| Apr 2, 2023 | 16.61% |
| Oct 2, 2022 | 20.14% |
| Jul 3, 2022 | 20.24% |
| Apr 3, 2022 | 17.02% |