Kimberly-Clark Corporation
KMBFinancial Snapshot
ticker: KMB step: 04 generated: 2026-05-12 source: quick-research
Kimberly-Clark Corporation (KMB) — Financial Snapshot
Income Statement Summary
| Metric | FY2022 | FY2023 | FY2024 | YoY |
|---|---|---|---|---|
| Revenue | ~$20.2B | ~$20.2B | ~$20.1B | ~0% |
| Gross Margin | ~33% | ~34.4% | ~35.8% | +140bps |
| Operating Margin | ~14% | ~15% | ~16% | |
| Net Income | ~$2.0B | ~$2.6B | ~$2.6B | ~0% |
| EPS (adjusted diluted) | ~$6.00 | $6.57 | $7.30 | +11% |
Note: FY2025 revenue ~$17.2B reflects the Suzano JV contribution of International Family Care and Professional businesses. Adjusted EPS continues double-digit growth in 2025.
Cash Flow & Balance Sheet (FY2024)
| Metric | Value |
|---|---|
| Operating Cash Flow | ~$3.2B |
| Free Cash Flow | $2.51B |
| Cash & Equivalents | ~$0.6B |
| Total Debt | ~$8.0B |
Key Ratios (approximate)
- P/E: ~20–22x (adj.) | EV/EBITDA: ~14x | Dividend Yield: ~4%
- Revenue Growth (FY2024 organic): +3.2% | Gross Margin: ~35.8%
Growth Profile
KMB's revenue growth has been modest in absolute terms due to FX headwinds and divestitures, but organic growth of 3%+ driven by pricing and volume gains is a positive trend. The strategic focus is on margin expansion: KMB targets 40% gross margin and 18–20% operating margin by end of decade (from current ~35.8%/~16%), implying significant earnings power increase without needing volume acceleration. Adjusted EPS has grown double-digits in 2023 and 2024, funded by operational efficiencies, premiumization, and cost savings.
Forward Estimates
- FY2026: Organic sales growth guidance of ~2%+ (deceleration from prior years); continued adjusted EPS double-digit growth; gross margin expansion ongoing
- Margin target: 40% gross margin and 18–20% operating margin by end of decade — each 100bps of gross margin expansion = ~$170M in gross profit on ~$17B base
Deeper Financial Analysis
The fundamental tier adds 9 additional research dimensions for $KMB.