Kenvue Inc. (KVUE)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 8,959,000 | 8,932,000 | 8,900,000 | 8,760,000 | 8,643,000 |
| Revenue (ttm) | US$ in thousands | 15,369,000 | 15,389,000 | 15,294,000 | 15,238,000 | 15,291,000 |
| Gross profit margin | 58.29% | 58.04% | 58.19% | 57.49% | 56.52% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,959,000K ÷ $15,369,000K
= 58.29%
The gross profit margin of Kenvue Inc. has shown a positive trend over the past year, consistently increasing from 56.52% in December 2023 to 58.29% in December 2024. This indicates that the company has been more efficient in generating profits from its revenue after accounting for the cost of goods sold. The gradual improvement in the gross profit margin reflects potential enhancements in pricing strategies, cost control measures, or operational efficiencies within the organization. Overall, the steady uptrend in the gross profit margin signifies a positive performance in the company's core business operations, which may contribute to its profitability and financial health.
Peer comparison
Dec 31, 2024