Kenvue
Kenvue returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 28, 2026 | 10.84% | 12.52% | — | 15.58% | 6.16% | 3.1 pp |
| FY 2026 Q1 | Mar 29, 2026 | 10.7% | 12.94% | 124.39% | 15.7% | 6.11% | 3 pp |
| FY 2025 Q4 | Dec 28, 2025 | 10.02% | 11.78% | 42.57% | 14.39% | 5.58% | 2.3 pp |
| FY 2025 Q3 | Sep 28, 2025 | 9.6% | 11.23% | 226.8% | 13.47% | 5.29% | 1.9 pp |
| FY 2025 Q2 | Jun 29, 2025 | 9.57% | 11.46% | 40.87% | 13.56% | 5.29% | 1.9 pp |
| FY 2025 Q1 | Mar 30, 2025 | 7.55% | 9.08% | — | 10.22% | 3.94% | -0.1 pp |
| FY 2024 Q4 | Dec 29, 2024 | 7.59% | 8.72% | — | 9.87% | 3.85% | -0.1 pp |
| FY 2024 Q3 | Sep 29, 2024 | 7.47% | 8.48% | — | 9.88% | 3.94% | -0.2 pp |
| FY 2024 Q2 | Jun 30, 2024 | 8.15% | 8.77% | — | 10.55% | 4.15% | 0.4 pp |
| FY 2024 Q1 | Mar 31, 2024 | 8.12% | 9.23% | — | 9.65% | 4.74% | 0.4 pp |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | — | — | — |
| FY 2023 Q3 | Oct 1, 2023 | — | — | — | — | — | — |
| FY 2023 Q2 | Jul 2, 2023 | — | — | — | — | — | — |
| FY 2023 Q1 | Apr 2, 2023 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · KVUE, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.