Kenvue's gross profit for the
three
months ended in Mar. 2024 was $2,242 Mil. Kenvue's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $8,760 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Kenvue's gross profit for the
three
months ended in Mar. 2024 was $2,242 Mil. Kenvue's Revenue for the
three
months ended in Mar. 2024 was $3,894 Mil. Therefore, Kenvue's Gross Margin % for the quarter that ended in Mar. 2024 was 57.58%.
Kenvue had a gross margin of 57.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage
During the past 5 years, the highestGross Margin % of Kenvue was 56.57%. The lowest was 53.49%. And the median was 55.42%.
Kenvue Gross Profit Historical Data
The historical data trend for Kenvue's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Household & Personal Products subindustry, Kenvue's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kenvue's Gross Profit Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kenvue's Gross Profit distribution charts can be found below:
* The bar in red indicates where Kenvue's Gross Profit falls into.
Kenvue Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Kenvue's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,760 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Kenvue's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Kenvue (NYSE:KVUE) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Kenvue had a gross margin of 57.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage
Kenvue Gross Profit Related Terms
Thank you for viewing the detailed overview of Kenvue's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Kenvue is the world's largest pure-play consumer health company by sales, generating $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of silos within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio includes a wide array of some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Despite playing in a fragmented industry with intense competition and ever-changing consumer preferences, many of Kenvue's brands are the global leader in their respective segment thanks to their strong brand power.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KVUE has been successfully added to your 