Reading the tape
NYSE: KVUE
Kenvue Inc.
Consumer Defensive · Household & Personal Products
Market Cap
$33.24B
52w High
$25.17
52w Low
$14.02
P/E
22.57
Volume
8.85M
Outstanding Shares
1.92B
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -27.16%Revenue (TTM): -2.14%FCF (TTM): 28.99%P/FCF: 33rd pct
What changed
The stock fell 27.16% over the last year. Revenue declined 2.14% over the trailing twelve months. Operating margin moved from 11.91% to 17.88%. Free cash flow grew 28.99% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 33rd percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 17.88%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Kenvue Inc. operates as a consumer health company worldwide.
CEOKirk L. Perry
SectorConsumer Defensive
IndustryHousehold & Personal Products
Employees22,000
IPO dateMay 4, 2023
Valuation
Forward P/E—
EV/EBITDA13.77
Enterprise value$40.42B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth3.22%
Gross margin58.13%▲0.28%vs FY2024
Operating margin17.88%▲50.09%vs FY2024
ROE13.66%▲28.17%vs FY2024
Analyst consensus
RatingHold
Target price$18.25▲5.40%
4
Buy
10
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.27 · Revenue est $3.84B
View
Dividends
$0.83/shareQuarterlyEx-div May 13, 2026 · in 8dAdequateKVUE pays a dividend with a 4.81% declared yield, covered 1.1× by free cash flow.
Declared Yield
4.81%
Annual Div / Share
$0.83
CAGR
—
Payout Ratio
107.55%
Adequate
Dividend Growth Rate
Dividend Safety
3/10Adequate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$0.83+1.5%
2025$0.82+2.5%
2024$0.80—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$48/yr
$4/mo
In 5 yrs
$48/yr
$4/mo
In 10 yrs
$48/yr
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$48/yr $4/mo | $48/yr $4/mo | $48/yr $4/mo |
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
High payout ratio
With 107.55% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Congressional Activity
Congress Trades in KVUE
STOCK Act disclosures from senators and representatives.
Kevin Hern
OKhouseRepublicanSaleJoint2026-03-17$15,001 - $50,000+20d to disclose