Is the business good?
How good a business is KMB?
Kimberly-Clark earns 27% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
27%
Return on invested capital · cost of capital 9.0% · 18 points above what the capital costs: growth creates value
- Operating margin
- 15%
Operating margin · Household & Personal Products median 15% · 12 months to Q2 2026
- Cash conversion
- 0.93×
Cash conversion · 0.86× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 17% |
| FY2021 | 13% |
| FY2022 | 13% |
| FY2023 | 11% |
| FY2024 | 16% |
| FY2025 | 14% |
Details›
- Gross margin12 months to Q2 2026
- 37%
- Operating margin12 months to Q2 2026
- 15%
- Net margin12 months to Q2 2026
- 12%
- Free cash flow margin
- 11%
- Revenue, trailing twelve months
- $16.6B
- Free cash flow, trailing twelve months
- $1.82B
- Net income, trailing twelve months
- $1.96B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 27%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Household & Personal Products
Ranks #2 of 13 by Smart Score