NASDAQ : KMB
Kimberly-Clark Corporation — Financial statements
Consumer Staples · Household & Personal Products · United States
Last price 107.94 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 35.90B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Kimberly-Clark Corporation (KMB) reported revenue of 16.58B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 16.58B | 16.45B | 16.80B | 17.15B | 20.18B | 19.44B |
| Cost of Revenue | 10.35B | 10.31B | 10.37B | 10.88B | 13.96B | 13.30B |
| Gross Profit | 6.24B | 6.14B | 6.43B | 6.27B | 6.22B | 6.14B |
| Selling, General & Admin | 3.50B | 3.45B | 3.76B | 3.71B | 3.65B | 3.29B |
| Other Operating Expenses | -143.00M | 97.00M | -5.00M | 144.00M | -72.00M | 13.00M |
| Operating Expenses | 3.36B | 3.55B | 3.76B | 3.85B | 3.58B | 3.30B |
| Operating Income | 2.88B | 2.59B | 2.67B | 2.42B | 2.64B | 2.84B |
| Interest Expense | -236.00M | -256.00M | -270.00M | -293.00M | -282.00M | -256.00M |
| Interest & Investment Income | 21.00M | 24.00M | 48.00M | 66.00M | 14.00M | 6.00M |
| Earnings From Equity Investments | 213.00M | 196.00M | 216.00M | 196.00M | 116.00M | 98.00M |
| Currency Exchange Gain (Loss) | -19.00M | 46.00M | -49.00M | 2.00M | -29.00M | -5.00M |
| Other Non Operating Income (Expenses) | 6.00M | 2.00M | 2.00M | -9.00M | ||
| EBT Excluding Unusual Items | 2.87B | 2.60B | 2.62B | 2.39B | 2.46B | 2.68B |
| Merger & Restructuring Charges | -414.00M | -351.00M | -457.00M | -354.00M | ||
| Gain (Loss) on Sale of Assets | 566.00M | 74.00M | ||||
| Asset Writedown | -97.00M | -658.00M | ||||
| Pretax Income | 2.45B | 2.25B | 2.63B | 1.80B | 2.46B | 2.32B |
| Income Tax Expense | 733.00M | 599.00M | 442.00M | 343.00M | 495.00M | 479.00M |
| Earnings From Continuing Operations | 1.72B | 1.65B | 2.19B | 1.46B | 1.96B | 1.84B |
| Earnings From Discontinued Operations | 270.00M | 400.00M | 386.00M | 305.00M | ||
| Net Income to Company | 1.99B | 2.05B | 2.58B | 1.76B | 1.96B | 1.84B |
| Minority Interest in Earnings | -34.00M | -28.00M | -33.00M | -27.00M | -30.00M | |
| Net Income | 1.96B | 2.02B | 2.54B | 1.76B | 1.93B | 1.81B |
| Net Income to Common | 1.96B | 2.02B | 2.54B | 1.76B | 1.93B | 1.81B |
| Shares Outstanding (Basic) | 332.00M | 331.90M | 335.60M | 337.80M | 337.40M | 337.30M |
| Shares Outstanding (Diluted) | 333.20M | 333.20M | 337.00M | 338.80M | 338.30M | 338.80M |
| EPS (Basic) | 5.89 | 6.09 | 7.58 | 5.22 | 5.73 | 5.38 |
| EPS (Diluted) | 5.86 | 6.06 | 7.56 | 5.21 | 5.72 | 5.35 |
| Free Cash Flow | 1.82B | 1.64B | 2.51B | 2.78B | 1.86B | 1.72B |
| Free Cash Flow Per Share | 5.46 | 4.92 | 7.46 | 8.19 | 5.49 | 5.09 |
| Dividend Per Share | 5.08 | 5.04 | 4.88 | 4.72 | 4.64 | 4.56 |
| Gross Margin | 37.61% | 37.31% | 38.28% | 36.56% | 30.83% | 31.60% |
| Operating Margin | 17.37% | 15.73% | 15.92% | 14.09% | 13.07% | 14.62% |
| Profit Margin | 11.79% | 12.29% | 15.14% | 10.29% | 9.59% | 9.33% |
| Free Cash Flow Margin | 10.98% | 9.96% | 14.95% | 16.19% | 9.20% | 8.86% |
| EBITDA | 3.48B | 3.20B | 3.29B | 3.05B | 3.39B | 3.59B |
| EBITDA Margin | 20.99% | 19.45% | 19.55% | 17.81% | 16.81% | 18.47% |
| D&A For EBITDA | 600.00M | 612.00M | 610.00M | 638.00M | 754.00M | 748.00M |
| EBIT | 2.88B | 2.59B | 2.67B | 2.42B | 2.64B | 2.84B |
| EBIT Margin | 17.37% | 15.73% | 15.92% | 14.09% | 13.07% | 14.62% |
| Effective Tax Rate | 29.89% | 26.65% | 16.78% | 19.03% | 20.16% | 20.62% |
| Advertising Expenses | 1.02B | 1.12B | 1.03B | 901.00M | 893.00M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 956.00M | 688.00M | 1.01B | 1.09B | 427.00M | 270.00M |
| Short-Term Investments | 86.00M | 171.00M | 157.00M | |||
| Cash & Short-Term Investments | 956.00M | 774.00M | 1.18B | 1.25B | 427.00M | 270.00M |
| Accounts Receivable | 1.86B | 1.74B | 1.60B | 1.99B | 2.09B | 2.04B |
| Other Receivables | 154.00M | 126.00M | 150.00M | 189.00M | 170.00M | |
| Receivables | 1.86B | 1.89B | 1.73B | 2.13B | 2.28B | 2.21B |
| Inventory | 1.54B | 1.48B | 1.45B | 1.96B | 2.27B | 2.24B |
| Prepaid Expenses | 304.00M | 292.00M | 252.00M | |||
| Other Current Assets | 2.00B | 865.00M | 927.00M | 111.00M | 753.00M | 849.00M |
| Total Current Assets | 6.35B | 5.31B | 5.58B | 5.70B | 5.73B | 5.57B |
| Property, Plant & Equipment | 6.95B | 7.14B | 6.65B | 8.36B | 8.36B | 8.59B |
| Long-Term Investments | 381.00M | 330.00M | 314.00M | 306.00M | 238.00M | 290.00M |
| Goodwill | 1.83B | 1.84B | 1.80B | 2.08B | 2.07B | 1.84B |
| Other Intangible Assets | 73.00M | 77.00M | 80.00M | 197.00M | 851.00M | 810.00M |
| Other Long-Term Assets | 2.97B | 2.40B | 2.13B | 690.00M | 718.00M | 747.00M |
| Total Assets | 18.55B | 17.10B | 16.55B | 17.34B | 17.97B | 17.84B |
| Accounts Payable | 3.37B | 3.39B | 3.26B | 3.65B | 3.81B | 3.84B |
| Accrued Expenses | 2.22B | 1.03B | 1.18B | 1.40B | 1.24B | 1.17B |
| Short-Term Debt | 31.00M | 282.00M | 3.00M | 2.00M | 362.00M | 107.00M |
| Current Portion of Long-Term Debt | 12.00M | 399.00M | 549.00M | 551.00M | 471.00M | 315.00M |
| Current Portion of Leases | 141.00M | 128.00M | 144.00M | 138.00M | 141.00M | |
| Current Income Taxes Payable | 249.00M | 253.00M | 294.00M | 318.00M | 323.00M | |
| Other Current Liabilities | 1.35B | 1.64B | 1.62B | 888.00M | 989.00M | 852.00M |
| Total Current Liabilities | 6.99B | 7.12B | 7.00B | 6.93B | 7.33B | 6.75B |
| Long-Term Debt | 6.50B | 6.47B | 6.86B | 7.39B | 7.79B | 8.11B |
| Long-Term Leases | 288.00M | 297.00M | 403.00M | 426.00M | 453.00M | |
| Pension & Post-Retirement Benefits | 561.00M | 605.00M | 628.00M | 669.00M | 654.00M | 809.00M |
| Long-Term Deferred Tax Liabilities | 473.00M | 445.00M | 300.00M | 374.00M | 647.00M | 694.00M |
| Other Long-Term Liabilities | 2.16B | 539.00M | 483.00M | 514.00M | 422.00M | 288.00M |
| Total Liabilities | 16.68B | 15.47B | 15.57B | 16.28B | 17.27B | 17.10B |
| Common Stock | 473.00M | 473.00M | 473.00M | 473.00M | 473.00M | 473.00M |
| Additional Paid-In Capital | 788.00M | 849.00M | 862.00M | 878.00M | 679.00M | 605.00M |
| Retained Earnings | 9.77B | 9.61B | 9.26B | 8.37B | 8.20B | 7.86B |
| Treasury Stock | -5.89B | -5.99B | -5.99B | -5.22B | -5.14B | -5.18B |
| Comprehensive Income & Other | -3.39B | -3.44B | -3.77B | -3.58B | -3.67B | -3.24B |
| Total Common Equity | 1.75B | 1.50B | 840.00M | 915.00M | 547.00M | 514.00M |
| Minority Interest | 124.00M | 128.00M | 135.00M | 153.00M | 153.00M | 223.00M |
| Shareholders' Equity | 1.87B | 1.63B | 975.00M | 1.07B | 700.00M | 737.00M |
| Total Liabilities & Equity | 18.55B | 17.10B | 16.55B | 17.34B | 17.97B | 17.84B |
| Total Debt | 6.54B | 7.58B | 7.84B | 8.49B | 9.18B | 9.12B |
| Net Cash (Debt) | -5.58B | -6.80B | -6.66B | -7.24B | -8.76B | -8.85B |
| Net Cash Per Share | -16.76 | -20.41 | -19.75 | -21.36 | -25.89 | -26.13 |
| Filing Date Shares Outstanding | 332.58M | 331.92M | 331.68M | 336.88M | 337.51M | 336.99M |
| Total Common Shares Outstanding | 332.56M | 331.90M | 331.80M | 337.00M | 337.46M | 336.83M |
| Working Capital | -634.00M | -1.81B | -1.42B | -1.23B | -1.60B | -1.18B |
| Book Value Per Share | 5.26 | 4.53 | 2.53 | 2.72 | 1.62 | 1.53 |
| Tangible Book Value | -154.00M | -414.00M | -1.04B | -1.37B | -2.38B | -2.14B |
| Tangible Book Value Per Share | -0.46 | -1.25 | -3.12 | -4.06 | -7.05 | -6.34 |
| Land | 143.00M | 134.00M | 110.00M | 149.00M | 156.00M | 169.00M |
| Buildings | 2.38B | 2.35B | 2.31B | 3.07B | 3.06B | 2.99B |
| Machinery | 12.87B | 12.82B | 12.50B | 15.13B | 14.65B | 14.61B |
| Construction In Progress | 1.45B | 1.20B | 780.00M | 803.00M | 676.00M | 760.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.96B | 2.02B | 2.54B | 1.76B | 1.93B | 1.81B |
| Depreciation & Amortization | 600.00M | 612.00M | 610.00M | 638.00M | 754.00M | 748.00M |
| Loss (Gain) From Sale of Assets | -4.00M | 39.00M | -448.00M | -75.00M | 15.00M | 39.00M |
| Asset Writedown & Restructuring Costs | 143.00M | 143.00M | 152.00M | 676.00M | 21.00M | |
| Loss (Gain) From Sale of Investments | -85.00M | |||||
| Loss (Gain) on Equity Investments | -50.00M | -35.00M | -62.00M | -59.00M | 6.00M | 25.00M |
| Stock-Based Compensation | 131.00M | 140.00M | 131.00M | 169.00M | 150.00M | 26.00M |
| Other Operating Activities | 191.00M | 292.00M | -5.00M | -268.00M | -24.00M | 11.00M |
| Change in Accounts Receivable | -58.00M | -58.00M | 48.00M | 127.00M | -151.00M | -37.00M |
| Change in Inventory | 70.00M | 70.00M | 10.00M | 290.00M | -76.00M | -417.00M |
| Change in Accounts Payable | -147.00M | -147.00M | 179.00M | -109.00M | 109.00M | 627.00M |
| Change in Income Taxes | -143.00M | -143.00M | -110.00M | 122.00M | 20.00M | -4.00M |
| Change in Other Net Operating Assets | 645.00M | -225.00M | 51.00M | 152.00M | 81.00M | -123.00M |
| Operating Cash Flow | 3.33B | 2.78B | 3.23B | 3.54B | 2.73B | 2.73B |
| Capital Expenditures | -1.51B | -1.14B | -721.00M | -766.00M | -876.00M | -1.01B |
| Sale of Property, Plant & Equipment | 49.00M | 33.00M | 651.00M | 245.00M | 12.00M | 43.00M |
| Cash Acquisitions | -46.00M | |||||
| Investment in Securities | 16.00M | 105.00M | -43.00M | 95.00M | 139.00M | -82.00M |
| Other Investing Activities | 44.00M | 49.00M | 13.00M | 8.00M | -14.00M | -10.00M |
| Investing Cash Flow | -1.40B | -951.00M | -100.00M | -418.00M | -785.00M | -1.06B |
| Short-Term Debt Issued | 275.00M | 1.00M | 261.00M | |||
| Long-Term Debt Issued | 363.00M | 605.00M | ||||
| Total Debt Issued | 1.55B | 275.00M | 1.00M | 363.00M | 261.00M | 605.00M |
| Short-Term Debt Repaid | -371.00M | -97.00M | ||||
| Long-Term Debt Repaid | -550.00M | -554.00M | -475.00M | -312.00M | -269.00M | |
| Total Debt Repaid | -952.00M | -550.00M | -554.00M | -846.00M | -312.00M | -366.00M |
| Net Debt Issued (Repaid) | 601.00M | -275.00M | -553.00M | -483.00M | -51.00M | 239.00M |
| Issuance of Common Stock | 4.00M | 40.00M | 136.00M | 97.00M | 94.00M | 65.00M |
| Repurchase of Common Stock | -21.00M | -141.00M | -1.00B | -225.00M | -100.00M | -400.00M |
| Common Dividends Paid | -1.68B | -1.66B | -1.63B | -1.59B | -1.56B | -1.52B |
| Other Financing Activities | -123.00M | -143.00M | -121.00M | -175.00M | -145.00M | -84.00M |
| Financing Cash Flow | -1.22B | -2.18B | -3.17B | -2.37B | -1.76B | -1.70B |
| Foreign Exchange Rate Adjustments | -5.00M | 33.00M | -40.00M | -84.00M | -31.00M | -11.00M |
| Net Cash Flow | 706.00M | -320.00M | -72.00M | 666.00M | 157.00M | -33.00M |
| Free Cash Flow | 1.82B | 1.64B | 2.51B | 2.78B | 1.86B | 1.72B |
| Free Cash Flow Margin | 10.98% | 9.96% | 14.95% | 16.19% | 9.20% | 8.86% |
| Free Cash Flow Per Share | 5.46 | 4.92 | 7.46 | 8.19 | 5.49 | 5.09 |
| Levered Free Cash Flow | 941.12M | 912.88M | 1.67B | 2.09B | 1.67B | 1.32B |
| Unlevered Free Cash Flow | 1.09B | 1.07B | 1.84B | 2.27B | 1.85B | 1.48B |
| Cash Interest Paid | 248.00M | 248.00M | 268.00M | 277.00M | 270.00M | 243.00M |
| Cash Income Tax Paid | 497.00M | 497.00M | 587.00M | 648.00M | 468.00M | 492.00M |
| Change in Working Capital | 367.00M | -503.00M | 178.00M | 582.00M | -17.00M | 46.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 36.08B | 33.48B | 43.70B | 41.06B | 45.81B | 48.12B |
| Enterprise Value | 41.66B | 40.34B | 50.22B | 48.71B | 54.45B | 57.04B |
| Last Close Price | 107.94 | 97.14 | 121.21 | 108.43 | 116.69 | 118.56 |
| PE Ratio | 18.51 | 16.57 | 17.17 | 23.28 | 23.69 | 26.53 |
| Forward PE | 15.36 | 13.02 | 17.70 | 17.62 | 22.51 | 22.56 |
| PS Ratio | 2.16 | 2.04 | 2.60 | 2.40 | 2.27 | 2.48 |
| PB Ratio | 20.51 | 20.54 | 44.82 | 38.45 | 65.45 | 65.30 |
| P/FCF Ratio | 19.72 | 20.43 | 17.39 | 14.79 | 24.67 | 27.93 |
| P/OCF Ratio | 10.77 | 12.06 | 13.51 | 11.59 | 16.76 | 17.63 |
| PEG Ratio | 9.13 | 4.71 | 2.61 | 1.94 | 5.47 | 101.52 |
| EV/Sales Ratio | 2.50 | 2.45 | 2.99 | 2.84 | 2.70 | 2.93 |
| EV/EBITDA Ratio | 11.92 | 12.61 | 15.29 | 15.96 | 16.06 | 15.88 |
| EV/EBIT Ratio | 14.40 | 15.60 | 18.78 | 20.17 | 20.65 | 20.06 |
| EV/FCF Ratio | 22.79 | 24.61 | 19.99 | 17.55 | 29.32 | 33.10 |
| Debt / Equity Ratio | 3.49 | 4.65 | 8.04 | 7.95 | 13.12 | 12.38 |
| Debt / EBITDA Ratio | 1.74 | 2.18 | 2.21 | 2.50 | 2.43 | 2.30 |
| Debt / FCF Ratio | 3.59 | 4.62 | 3.12 | 3.06 | 4.95 | 5.29 |
| Net Debt / Equity Ratio | 2.98 | 4.17 | 6.83 | 6.78 | 12.51 | 12.01 |
| Net Debt / EBITDA Ratio | 1.60 | 2.13 | 2.03 | 2.37 | 2.58 | 2.46 |
| Net Debt / FCF Ratio | 3.07 | 4.15 | 2.65 | 2.61 | 4.72 | 5.14 |
| Asset Turnover | 0.94 | 0.98 | 0.99 | 0.97 | 1.13 | 1.10 |
| Inventory Turnover | 6.68 | 7.04 | 6.09 | 5.15 | 6.19 | 6.42 |
| Quick Ratio | 0.40 | 0.37 | 0.41 | 0.49 | 0.37 | 0.37 |
| Current Ratio | 0.91 | 0.74 | 0.80 | 0.82 | 0.78 | 0.82 |
| Return on Equity (ROE) | 104.91% | 126.60% | 214.59% | 165.04% | 272.93% | 229.64% |
| Return on Assets (ROA) | 10.20% | 9.61% | 9.87% | 8.55% | 9.21% | 10.05% |
| Return on Invested Capital (ROIC) | 25.35% | 23.63% | 27.94% | 22.02% | 22.11% | 23.63% |
| Return on Capital Employed (ROCE) | 24.90% | 25.90% | 28.00% | 23.20% | 24.80% | 25.60% |
| Earnings Yield | 5.40% | 6.04% | 5.82% | 4.30% | 4.22% | 3.77% |
| FCF Yield | 5.07% | 4.90% | 5.75% | 6.76% | 4.05% | 3.58% |
| Dividend Yield | 4.72% | 5.00% | 3.71% | 3.87% | 3.42% | 3.19% |
| Payout Ratio | 87.37% | 82.14% | 63.97% | 90.02% | 80.56% | 83.57% |
| Buyback Yield / Dilution | 0.40% | 1.13% | 0.53% | -0.15% | 0.15% | 1.08% |
| Total Shareholder Return | 5.15% | 6.12% | 4.24% | 3.73% | 3.57% | 4.27% |