Kenvue vs Procter & Gamble
Procter & Gamble is the larger business, with $87.03bn of revenue in fiscal 2026 against $15.12bn for Kenvue (5.8 times as much). Procter & Gamble grew faster (3.3% against -2.1%). Procter & Gamble kept more of each dollar of sales as profit: a net margin of 18.4% against 9.7%.
| Latest fiscal year | KenvueKVUE, 2025 | Procter & GamblePG, 2026 |
|---|---|---|
| Revenue | $15.12bn | $87.03bn |
| Revenue growth | -2.1% | 3.3% |
| Net income | $1.47bn | $16.05bn |
| Operating margin | — | 22.7% |
| Net margin | 9.7% | 18.4% |
| Return on equity | 14.4% | 30.1% |
| Free cash flow | $1.72bn | $15.15bn |
| Cash | $1.06bn | $9.94bn |
| Total debt | $8.52bn | $34.14bn |
| Debt to equity | — | 62.9% |
| Dividend per share | $0.82 | $4.26 |
| Dividend yield | 4.3% | 2.6% |
| Share buybacks | $197m | $5.03bn |
| Employees | 22,000 | 104,000 |
| Market value | $37.09bn | $389.36bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | — | 82 (Strong) |
| Insider trades, 12 months | 2 buys, 2 sales | 0 buys, 34 sales |