Kimberly-Clark (KMB) financial statements

Consumer Defensive · Household & Personal Products · Market cap $32.2B

Kimberly-Clark reported revenue of $16.4B in fiscal 2025, down 1.2% a year over 9 years.

Net income was $2.0B and the operating margin 14.3%, against 18.5% in 2016.

Free cash flow was $1.6B, and the company returned $1.7B in dividends and $141M in net buybacks.

The diluted share count fell 8% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

01020302016201720182019202020212022202320242025RevenueFree cash flow
Embed this chart

Free to use in articles and newsletters with the source line. Paste this HTML:

Income statement

Fiscal years, from Kimberly-Clark's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Revenue$18.3B$18.3B$18.5B$18.4B$19.1B$19.4B$20.2B$17.1B$16.8B$16.4B
Cost of revenue$11.6B$11.8B$12.9B$12.4B$12.3B$13.5B$14.0B$10.9B$10.5B$10.5B
Gross profit$6.7B$6.6B$5.6B$6.0B$6.8B$6.0B$6.2B$6.3B$6.3B$5.9B
Research and development$326M$309M$317M$284M$276M$269M$292M$303M$328M$326M
Operating income$3.4B$3.4B$2.2B$3.0B$3.2B$2.6B$2.7B$1.9B$2.7B$2.4B
Interest expense$319M$318M$263M$261M$252M$256M$282M$293M$270M$256M
Pre-tax income$3.0B$3.0B$1.8B$2.6B$2.9B$2.2B$2.3B$1.6B$2.4B$2.1B
Income tax$922M$776M$471M$576M$676M$479M$495M$343M$442M$599M
Net income$2.2B$2.3B$1.4B$2.2B$2.4B$1.8B$1.9B$1.8B$2.5B$2.0B
Diluted shares362M356M350M346M342M339M338M339M337M333M
Gross margin36.6%35.9%30.3%32.7%35.6%30.8%30.8%36.6%37.4%36.0%
Operating margin18.5%18.3%12.1%16.2%16.9%13.2%13.3%11.2%16.1%14.3%
Net margin11.8%12.4%7.6%11.7%12.3%9.3%9.6%10.3%15.1%12.3%

Balance sheet

Fiscal years, from Kimberly-Clark's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments$923M$616M$539M$442M$303M$270M$427M$1.1B$1.0B$688M
Receivables$2.2B$2.3B$2.2B$2.3B$2.2B$2.2B$2.3B$2.1B$1.7B$1.9B
Inventory$1.7B$1.8B$1.8B$1.8B$1.9B$2.2B$2.3B$2.0B$1.5B$1.5B
Total current assets$5.1B$5.2B$5.0B$5.1B$5.2B$5.6B$5.7B$5.7B$5.6B$5.3B
Property, plant and equipment$7.2B$7.4B$7.2B$7.5B$8.0B$8.1B$7.9B$7.9B$6.3B$6.8B
Goodwill$1.5B$1.6B$1.5B$1.5B$1.9B$1.8B$2.1B$1.9B$1.8B$1.8B
Total assets$14.6B$15.2B$14.5B$15.3B$17.5B$17.8B$18.0B$17.3B$16.5B$17.1B
Total current liabilities$5.8B$5.9B$6.5B$6.9B$6.4B$6.7B$7.3B$6.9B$7.0B$7.1B
Long-term debt$6.4B$6.5B$6.2B$6.2B$7.9B$8.1B$7.6B$7.4B$6.9B$6.5B
Total liabilities$14.5B$14.3B$14.6B$15.1B$16.7B$17.1B$17.3B$16.3B$15.6B$15.5B
Shareholders' equity-$102M$882M-$287M-$33M$626M$514M$547M$915M$840M$1.5B
Net debt$6.6B$6.8B$6.9B$7.3B$8.1B$8.3B$8.0B$6.9B$6.4B$6.5B

Cash flow

Fiscal years, from Kimberly-Clark's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow$3.2B$2.9B$3.0B$2.7B$3.7B$2.7B$2.7B$3.5B$3.2B$2.8B
Capital spending$771M$785M$877M$1.2B$1.2B$1.0B$876M$766M$721M$1.1B
Free cash flow$2.5B$2.1B$2.1B$1.5B$2.5B$1.7B$1.9B$2.8B$2.5B$1.6B
Stock-based compensation$77M$76M$41M$96M$147M$26M$150M$169M$131M$140M
Dividends paid$1.3B$1.4B$1.4B$1.4B$1.5B$1.5B$1.6B$1.6B$1.6B$1.7B
Share buybacks (net)-$739M-$911M-$800M-$800M-$700M-$400M-$100M-$225M-$1.0B-$141M
Net borrowing$695M-$544M$100M-$1M$991M$336M-$312M-$112M-$554M-$550M
Free cash flow margin13.5%11.7%11.3%8.3%13.1%8.9%9.2%16.2%15.0%10.0%
Dividends per share$3.62$3.82$3.96$4.07$4.24$4.47$4.61$4.69$4.83$4.98
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for KMB.
Open KMB in Investingly

Questions

What was Kimberly-Clark's revenue in 2025?

$16.4B in fiscal 2025, from its 10-K filing.

How much free cash flow does Kimberly-Clark generate?

$1.6B in fiscal 2025 (operating cash flow minus capital spending).

From Kimberly-Clark's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.