Kenvue Inc. (KVUE)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,415,000 | 1,426,000 | 1,434,000 | 2,008,000 | 2,190,000 |
| Revenue (ttm) | US$ in thousands | 15,369,000 | 15,389,000 | 15,294,000 | 15,238,000 | 15,291,000 |
| Pretax margin | 9.21% | 9.27% | 9.38% | 13.18% | 14.32% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,415,000K ÷ $15,369,000K
= 9.21%
Kenvue Inc.'s pretax margin has shown a gradual decline over the periods examined. Starting at 14.32% as of December 31, 2023, the pretax margin decreased to 13.18% by March 31, 2024, and then further declined to 9.38% by June 30, 2024. The downward trend continued as the pretax margin stood at 9.27% as of September 30, 2024, and decreased slightly to 9.21% by the end of December 31, 2024.
This decreasing trend in pretax margin indicates that Kenvue Inc. may be experiencing challenges in maintaining profitability before accounting for taxes. It is essential for the company to closely monitor and address the factors contributing to this decline to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024