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XStocksXray
Research report · 16 October 2026

Kimberly Clark Corp (KMB)

Consumer Staples · Household Products · US stock · price as of 16 Oct 2026

Key indicators

Price$105.57
52-week range$90.09 – $117.10
Market cap$35.2B
P/E (trailing)18.0×
EV / EBITDA12.6×
Free-cash-flow yield5.2%
Dividend yield4.8%
Revenue (last 12 months)$16.6B
Revenue growth (3y a year)−1.0%
Operating margin15.2%
Return on invested capital24.1%
Net debt / EBITDA1.7×

Fair value

Blended fair value$131.29 range $126 – $136
Versus priceFair+24% to fair value
Peer multiples$140.05
Fundamentals-adjusted multiple$156.58
10-year DCF (market-scaled)$97.24
Earnings power value (floor, not blended)$43.22
Model uncertaintyMedium

X-Ray Score

50/ 100 · High confidence · ahead of 48% of sector peers
Valuation58
Growth30
Profitability68
Financial health39
Dividends44

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

87.89101114127140Fair value $1312021-102023-012024-042025-072026-10

Executive summary

Everyday personal care and hygiene products are the focus of Kimberly-Clark. Its brands include Huggies nappies, Kleenex tissues, Kotex feminine care, Cottonelle and Scott bathroom tissue and towels, and Depend and Poise incontinence products. It also supplies workplace hygiene products to businesses. Its goods reach consumers mainly through supermarkets, mass retailers, drugstores and online stores, and the company is organised into North American and international personal care and family care operations.

Revenue comes from consumer products and professional supplies delivered to retailers and distributors. It was $16.6 billion over the last twelve months, and growth was -1.0% a year over the last three years, so sales have contracted. The operating margin is 15.2%, and the business earns a profit of 24% on the capital invested in it. Net debt is 1.7 times EBITDA. A dividend is paid, with a yield of 4.8%.

StocksXray gives Kimberly Clark Corp an X-Ray Score of 50 out of 100 (high confidence), ahead of 48% of the S&P 500 stocks in its sector. Its strongest lens is profitability (68) and its weakest is growth (30).

Our fair value blend is $131.29 (range $125.60 to $136.27). At $105.57 the stock trades 20% below that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.

stocksxray.com · page 1
XStocksXray
Kimberly Clark Corp (KMB)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2021FY2022FY2023FY2024FY2025Now
Price$118.56$116.69$108.43$121.21$97.14$105.57
Market cap$40.2B$39.5B$36.7B$40.8B$32.4B$35.2B
P/E22.2×20.4×20.8×16.1×16.0×18.0×
EV / revenue2.5×2.8×2.6×2.8×2.4×2.5×
EV / EBITDA14.6×15.5×16.3×13.6×12.3×12.6×
Price / free cash flow23.3×21.3×13.2×16.3×19.7×19.3×
Free-cash-flow yield4.3%4.7%7.6%6.2%5.1%5.2%
Price / book78.1×72.2×40.1×48.6×21.5×20.1×
Dividend yield3.85%3.98%4.35%4.03%5.19%4.83%

Fundamentals checklist ● 3 Good · ● 8 Average · ● 5 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−7.4%Good
Free-cash-flow yield5.2%Average

Risk models

Altman Z score2.5×Average
Piotroski F-Score5 of 9Bad

Growth

EPS growth (3y)2.0%Average
Free-cash-flow growth (3y)−4.1%Bad
Revenue growth (3y)−1.0%Bad
Growth consistency40%Bad

Balance sheet

Current ratio0.9×Bad
Net debt / EBITDA1.7×Average
Interest cover10.7×Average

Valuation

Fair value vs price1.2×Average
EBIT / EV yield6.2%Good

Profitability

Return on invested capital24.1%Good
Operating margin15.2%Average
Gross profitability32.9%Average
stocksxray.com · page 2
XStocksXray
Kimberly Clark Corp (KMB)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY21FY22FY23FY24FY25LTM
Revenue19,44016,95217,14616,80516,44716,582
Gross profit5,9885,5246,2696,2895,9236,095
Operating income2,5612,3091,9282,7002,3512,514
Net income1,8141,9341,7642,5452,0211,955
Diluted EPS ($)5.355.725.217.556.075.87
Free cash flow1,7231,8572,7762,5131,6391,820
Gross margin30.8%32.6%36.6%37.4%36.0%36.8%
Operating margin13.2%13.6%11.2%16.1%14.3%15.2%
Net margin9.3%11.4%10.3%15.1%12.3%11.8%
Balance sheetFY21FY22FY23FY24FY25LTM
Total assets17,83717,97017,34416,54617,09818,554
Cash2704271,0751,010688956
Total debt8,5748,4227,9497,4187,1686,517
Equity5145479158401,5021,750
Dividend per share ($)4.564.644.724.885.045.08

Revenue and net income US$ billions: navy revenue, teal net income

FY21FY22FY23FY24FY25

Margins blue gross, teal operating, brown net

0%12%25%37%FY21FY22FY23FY24FY25

Latest quarters

Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ($M)4,0544,1634,1504,0804,1634,189
Growth vs a year earlier−6.3%−1.6%+0.1%−0.6%+2.7%+0.6%
Net income ($M)567509446499665345
Diluted EPS ($)1.701.531.341.502.001.04
stocksxray.com · page 3
XStocksXray
Kimberly Clark Corp (KMB)

Peers in Household Products

CompanyX-Ray
KMB · Kimberly Clark Corp50
CL · Colgate Palmolive Co57
CHD · Church & Dwight Co Inc49
CLX · Clorox Co36

Market Compass outlook for Consumer Staples: Neutral (41/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week+8.2%
1 month+7.5%
3 months−1.5%
6 months+9.6%
1 year−7.5%
3 years+0.1%
5 years−3.4%

Technical summary

DailyStrongly bullish12 bullish · 1 neutral · 3 bearish
WeeklyNeutral6 bullish · 1 neutral · 5 bearish
MonthlyBearish2 bullish · 1 neutral · 5 bearish
50-day / 200-day average$102.35 / $100.47
52-week low / high$90.09 / $117.10
Classic pivot, support and resistanceS2 103.74 · S1 104.66 · P – · R1 106.22 · R2 106.86

Recent dividends

Ex-dividend dateAmount per share
4 Sep 2026$1.2800
5 Jun 2026$1.2800
6 Mar 2026$1.2800
5 Dec 2025$1.2600
5 Sep 2025$1.2600
6 Jun 2025$1.2600
stocksxray.com · page 4
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Kimberly Clark Corp (KMB)

Strengths

  • Return on invested capital of 24.1% is ahead of 76% of its sector peers.
  • Has raised its dividend for 7 years in a row.

Risks and weak spots

  • Piotroski F-Score is weak against Consumer Staples peers (5 of 9).
  • Free-cash-flow growth (3y) is weak against Consumer Staples peers (−4.1%).
  • Revenue growth (3y) is weak against Consumer Staples peers (−1.0%).
  • Growth consistency is weak against Consumer Staples peers (40%).
  • Current ratio is weak against Consumer Staples peers (0.9×).

Latest SEC filings

DateFormItems
15 Oct 20268-K2.02,7.01,9.01
13 Oct 20268-K8.01,9.01
1 Oct 20268-K5.02
28 Sep 20268-K8.01,9.01
4 Aug 202610-Q
4 Aug 20268-K2.02,9.01
14 May 20268-K5.07
5 May 20268-K5.02

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026