Kenvue (Kenvue) Tax Rate % : 30.68% (As of Mar. 2024)

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What is Kenvue Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kenvue's Tax Expense for the three months ended in Mar. 2024 was $131 Mil. Kenvue's Pre-Tax Income for the three months ended in Mar. 2024 was $427 Mil. Therefore, Kenvue's Tax Rate % for the quarter that ended in Mar. 2024 was 30.68%.

Kenvue Tax Rate % Historical Data

The historical data trend for Kenvue's Tax Rate % 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.

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Kenvue Tax Rate % Chart

Kenvue Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

32.31

13.48

28.96

21.73

24.02

Kenvue Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial								22.99	32.71	25.13	8.40	30.68

Kenvue Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Kenvue's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	526	/	2190
	=	24.02 %

Kenvue's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	131	/	427
	=	30.68 %

Kenvue Tax Rate % Related Terms

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Kenvue (Kenvue) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kenvue Inc (NYSE:KVUE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

J4D:Germany J4D:Germany J4D:Germany

Address

199 Grandview Road, Skillman, NJ, USA, 08558

Website

https://www.kenvue.com

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.

Executives

Allison Richard E Jr	director	30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Seemantini Godbole	director	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Bing Xie	officer: Group President, Asia Pacific	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Donna Lorenson	officer: Chief Corp Affairs Officer	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Matthew Orlando	officer: General Counsel	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Luani Alvarado	officer: Chief People Officer	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Jan Meurer	officer: Chief Growth Officer	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Carlton Lawson	officer: Group President, EMEA	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Caroline Tillett	officer: Chief Scientific Officer	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Bernardo Tavares	officer: Chief Tech & Data Officer	199 GRANDVIEW ROAD, SKILLMAN NJ 08558
Tamara Franklin	director	107 STONE CLIFF ROAD, PRINCETON NJ 08540
Betsy D Holden	director	DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Kathy Widmer	officer: Group President, NALA	C/O ELIZABETH ARDEN, INC., 2400 S.W. 145 AVENUE, MIRAMAR FL 33027
Michael E Sneed	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Joseph J Wolk	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933