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FCF Margin for Kenvue (KVUE)

As of · Reported

Metric

TTM

11.9%

YoY change

+2.75pp

Trough year (2021)

0.3%

Peak year (2020)

21.9%

FCF Margin history chart for Kenvue (KVUE) from 2019 to 2025

Latest: 11.4%

FCF Margin change chart for Kenvue (KVUE) from 2019 to 2025

Latest: +2.75pp

FCF Margin history table for Kenvue (KVUE) from 2019 to 2025

  • 202511.4%+2.75pp
  • 20248.6%-8.84pp
  • 202317.5%+3.09pp
  • 202214.4%+14.12pp
  • 20210.3%-21.64pp
  • 202021.9%+2.99pp
  • 201918.9%—

FCF Margin values are taken from Kenvue's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Kenvue (KVUE)

According to Kenvue's latest reported financial statements, the company's latest reported free cash flow margin is 11.9%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Kenvue (KVUE) free cash flow margin is 11.39% – expanded 2.7 percentage points year-over-year.

2020 marks the peak free cash flow margin at 21.90%, with the historical low of 0.26% recorded in 2021.

Kenvue FCF Margin by Year

Kenvue FCF Margin 2025: 11.4%

In 2025, Kenvue reported free cash flow margin of 11.39%, expanded 2.7 percentage points from 2024.

Kenvue FCF Margin 2024: 8.6%

Kenvue free cash flow margin in 2024 was 8.64%, contracted 8.8 percentage points from 2023.

Kenvue FCF Margin 2023: 17.5%

2023's free cash flow margin for Kenvue came in at 17.48%, expanded 3.1 percentage points from 2022.

Kenvue FCF Margin 2022: 14.4%

Kenvue posted free cash flow margin of 14.38% in 2022, expanded 14.1 percentage points from 2021.

Kenvue FCF Margin 2021: 0.3%

Kenvue free cash flow margin in 2021 was 0.26%.

See more financial history for Kenvue (KVUE).

Sector peers by FCF Margin

Consumer Defensive peers of Kenvue (KVUE), ranked by their latest free cash flow margin

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