How many subsidiaries does Kenvue Inc. file with the SEC?

117, listed in its most recent exhibit 21. They are incorporated across 51 jurisdictions, led by Sweden, China, Italy. 1 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Kenvue Inc. financially healthy?

Kenvue Inc. scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Kenvue Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are FMR LLC (adding), BlackRock, Inc. (adding), STATE STREET CORP (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Kenvue Inc. (KVUE)

NYSE · Common Stock · Perfumes, Cosmetics & Other Toilet Preparations

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

American consumer health company

Corporate structure

117 entities across 51 jurisdictions, 1 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-20 — see the exhibit.

Which other public companies file entities in the same places:

Delaware16 China10 Brazil7 United Kingdom6 Singapore5 Switzerland4 France4 Sweden3 Canada3 Belgium3 Ireland3 Italy2

Subsidiaries of Kenvue Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Backsvalan 6 Handelsbolag	Sweden
Beijing Dabao Cosmetics Co., Ltd.	China
Carlo Erba OTC S.r.l.	Italy
JNTL (APAC) HoldCo 2 LLC	Delaware
JNTL (APAC) HoldCo 3 Pte. Ltd.	Singapore
JNTL (APAC) HoldCo LLC	Delaware
JNTL (APAC) HoldCo Pte. Ltd.	Singapore
JNTL (Canada) HoldCo ULC	Canada
JNTL (Malaysia) Sdn. Bhd.	Malaysia
JNTL (Puerto Rico) HoldCo GmbH	Switzerland
JNTL (Russia) HoldCo LLC

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

PASSReturn on assets positiveROA 5.4%
PASSOperating cash flow positiveOCF 2.2B
PASSReturn on assets improving4.0% → 5.4%
PASSCash flow exceeds earningsOCF 2.2B vs NI 1.5B
FAILLong-term debt ratio fallingno debt reported
FAILCurrent ratio improving0.96 → 0.96
FAILNo share dilution1.9B → 1.9B shares
PASSGross margin improving58.0% → 58.1%
FAILAsset turnover improving0.60× → 0.56×

Altman Z-score

2.08grey

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2022	$15.1B	$2.1B	$39.0M	55.9%	1,716,160,000
FY2023	$14.9B	$2.1B	$2.1B	55.4%	1,716,160,000
FY2023	$15.4B	$1.7B	$2.7B	56.0%	1,850,325,000
FY2024	$15.5B	$1.0B	$1.3B	58.0%	1,923,000,000
FY2025	$15.1B	$1.5B	$1.7B	58.1%	1,924,000,000

Ownership flow

16 institutions tracked — 11 added, 4 reduced, 1 opened a new position.

Institutional holders of Kenvue Inc. and their share-count change
Manager	Kind	Shares	Change	Value
FMR LLC	Active fund	157,051,418	+21,958,324	$3.0B
JPMORGAN CHASE & CO	Active fund	26,248,231	+13,003,749	$500.6M
BlackRock, Inc.	Index	150,825,694	+5,528,402	$2.9B
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	9,024,812	+4,883,300	$172.5M

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $0
2025Q1: $63.0M
2024Q1: $91.0M
2023Q1: $0

Identity

CIK: 0001944048
LEI: 5493008HSF8L4M2LIJ82
FIGI: BBG01C79X561
SIC: 2844 · Perfumes, Cosmetics & Other Toilet Preparations
Incorporated: DE
Headquarters: SUMMIT, NJ

Ownership

Institutional: 96.0%
Institutions: 1,386
Insiders: 0.1%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other perfumes, cosmetics & other toilet preparations companies

Kenvue Inc. files under SIC 2844 — all 7 perfumes, cosmetics & other toilet preparations companies compared on assets and F-score.

ESTEE LAUDER COMPANIES INCEL COLGATE PALMOLIVE COCL COTY INC.COTY EDGEWELL PERSONAL CARE CoEPC e.l.f. Beauty, Inc.ELF INTERPARFUMS INCIPAR

Questions about Kenvue Inc.

How many subsidiaries does Kenvue Inc. file with the SEC?: 117, listed in its most recent exhibit 21. They are incorporated across 51 jurisdictions, led by Sweden, China, Italy. 1 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Kenvue Inc. financially healthy?: Kenvue Inc. scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the grey zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Kenvue Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are FMR LLC (adding), BlackRock, Inc. (adding), STATE STREET CORP (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.