Estée Lauder Companies vs Kenvue
Kenvue reported revenue of $15.1 billion in fiscal 2025, about the same as Estée Lauder Companies' $15.0 billion in fiscal 2026. Estée Lauder Companies' revenue grew 5.0% in its latest year, and Kenvue's fell 2.1%. Estée Lauder Companies had an operating margin of 5.2%, against 16.0% at Kenvue. Free cash flow was $1.3 billion at Estée Lauder Companies and $1.7 billion at Kenvue. Their fiscal years end in different months (June 30 and December 28), so the periods don't line up exactly.
Side by side
| Estée Lauder Companies | Kenvue | |
|---|---|---|
| Latest fiscal year | FY2026, Jun 30, 2026 | FY2025, Dec 28, 2025 |
| Revenue | $15.0B | $15.1B |
| Revenue growth | 5.0% | −2.1% |
| Revenue growth a year, last 5 years | −1.5% | — |
| Gross margin | 75.5% | 58.1% |
| Operating margin | 5.2% | 16.0% |
| Net margin | 1.2% | 9.7% |
| Free cash flow | $1.3B | $1.7B |
| Free cash flow margin | 8.7% | 11.4% |
| Return on capital | 4.9% | 10.0% |
| Net debt to EBITDA | 2.4x | 2.5x |
| Dividends and buybacks | $578M | $1.8B |
| Change in diluted share count | 1.3% | 0.1% |
| Last close | $108.82 | $19.50 |
| P/E at the last close | — | 22.4× |
| Insider trades, last 12 months | sold $1.0 billion | bought $111.0 million, sold $746,763 |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Estée Lauder CompaniesKenvue
Operating margin
Percent of revenue
Estée Lauder CompaniesKenvue
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Estée Lauder CompaniesKenvue
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Estée Lauder Companies and Kenvue pages.