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Kenvue (MEX:KVUE) Tax Rate % : 15.32% (As of Dec. 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 Dec. 2024 was MXN1,105 Mil. Kenvue's Pre-Tax Income for the three months ended in Dec. 2024 was MXN7,216 Mil. Therefore, Kenvue's Tax Rate % for the quarter that ended in Dec. 2024 was 15.32%.

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 Dec24
Tax Rate %
Get a 7-Day Free Trial 13.48 28.96 21.73 24.02 27.21

Kenvue Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.40 30.68 10.77 33.62 15.32

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=8029.444/29510.815
=27.21 %

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

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=1105.352/7216.072
=15.32 %

* 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 Tax Rate % Related Terms

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Kenvue Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kenvue Inc (MEX:KVUE) » Definitions » Tax Rate %
Comparable Companies
KMB CHD EL CLX CL HIMS COTY IPAR ELF NWL PG XPAR:OR LSE:ULVR BOM:500696 LSE:RKT XTER:HEN3 XTER:BEI TSE:4452 OSTO:ESSITY B TSE:8113
Traded in Other Exchanges
KVUE:USA 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 has 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 changing consumer preferences, many of Kenvue's brands are the global leader in their respective segment thanks to their strong brand power.