KenvueHAM:J4D +0.27%70 Net Margin % is 12.13% as of Mar. 2026, which is 21% above its 10-year median of 10.02. GuruFocus rates HAM:J4D with a GF Score™ of 70/100 and a GF Value™ of €17.74. The stock has 6 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Kenvue ranks better than 81.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Kenvue's Net Income for the
three
months ended in Mar. 2026 was €410 Mil. Kenvue's Revenue for the
three
months ended in Mar. 2026 was €3,381 Mil. Therefore, Kenvue's net margin for the quarter that ended in Mar. 2026 was 12.13%.
The historical rank and industry rank for Kenvue's Net Margin % or its related term are showing as below:
HAM:J4D'
s Net Margin % Range Over the Past 10 Years
Min: -6.08 Med: 10.02 Max: 13.81
Current: 10.61
HAM:J4D's Net Margin % is ranked better than 81.45% of 1952
companies
in the Consumer Packaged Goods industry
Industry Median: 3.495
vs HAM:J4D: 10.61
Kenvue (HAM:J4D) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Kenvue Net Margin % Related Terms
Kenvue Net Margin % Historical Data
* Premium members only.
The historical data trend for Kenvue's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kenvue's Net Margin % distribution charts can be found below:
* The bar in red indicates where Kenvue's Net Margin % falls into.
* 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.
Kenvue (HAM:J4D) has a Net Margin % of 12.13% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Kenvue and its competitors. This is 21% above median its historical median of 10.02. According to the industry distribution chart, Kenvue ranks #362 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 18.5%.
Is Kenvue's Net Margin % too high?
Kenvue's current Net Margin % of 12.13% is 21% above median its 10-year median of 10.02. The Consumer Packaged Goods industry median Net Margin % is 3.50. Kenvue's value of 12.13% is 247.1% above this industry median. Based on the distribution chart, Kenvue ranks #362 out of 1952 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Kenvue has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Kenvue's Net Margin % compare to KMB and EL?
According to the Consumer Packaged Goods industry distribution chart, Kenvue ranks #362 out of 1952 companies for Net Margin %. This places Kenvue in the top 19% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.50. Kenvue's value of 12.13% is 247.1% above this benchmark. While the company's 10-year median is 10.02 vs. the industry median of 3.50, Kenvue has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kenvue's current Net Margin % of 12.13% is 247.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Kenvue and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenvue's current Net Margin % is 12.13%, which is 21% above median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenvue stock overvalued right now?
Kenvue (HAM:J4D) has a current Net Margin % of 12.13%. The stock's GF Value™ is €17.74, compared to a current price of €16.52 — trading 6.9% below its estimated fair value. The current Net Margin % is 12.13%, which is 21% above median its 10-year median of 10.02 and 247.1% above the Consumer Packaged Goods industry median of 3.50. Kenvue's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Kenvue (HAM:J4D), the current Net Margin % is 12.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kenvue (HAM:J4D) Overvalued in 2026?
Based on GuruFocus' analysis, Kenvue stock appears to be undervalued.
The current stock price of €16.52 is trading 6.9% below its estimated GF Value™ of €17.74.
Key valuation signals for HAM:J4D:
Net Margin %: 12.13% (21% above median its 10-year median of 10.02)
GF Value™: €17.74 vs. price of €16.52 (6.9% below fair value)
Industry Position: 247.1% above the Consumer Packaged Goods median (#362 of 1952)
No single metric tells the full story. See the HAM:J4D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenvue is the world's largest pure-play consumer health company by sales, generating over $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 categories 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 has some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Kenvue announced in November 2025 that it signed a deal to be fully acquired by Kimberly-Clark, with the deal expected to close during the second half of 2026.
70GF Score
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