Kimberly-Clark (KMB)

Kimberly-Clark and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, it creates products that help individuals experience more of what's important to them. Its portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll, hold the No. 1 or No. 2 share position in 80 countries. It uses sustainable practices that support a healthy planet, build stronger communities, and ensure our business thrives for decades to come.

Company profile

Ticker

KMB

Exchange

NYSE

Website

www.kimberly-clark.com

CEO

Michael D. Hsu

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Manufacturing > Sanitary Paper Product Manufacturing

Industry (SIC)

Converted Paper & Paperboard Prods (No Containers/Boxes)

Avery Dennison • Bemis • IT Tech Packaging • Ranpak • Bemax • Intertape Polymer ...

SEC CIK

0000055785

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Abdelia Comercial Ltda. • Bacraft Industria de Papel Ltda. • Badgers LLC • Badgers II LLC • Beco, Inc. • Colombiana Kimberly Colpapel S.A. • Delaware Overseas Finance, Inc. • Durafab, LLC • Excell Paper Sales Company • Gerinconfort Industria e Comercio de Productos Higienicos Ltda. ...

IRS number

390394230

KMB stock data

1M 1Y 5Y

News

From Benzinga Pro

Kimberly-Clark Taps Ex-Toyota Executive Zack Hicks For A Newly Created Role

28 Jul 22

Kimberly-Clark's Return On Capital Employed Overview

27 Jul 22

Pulled from Benzinga Pro data, Kimberly-Clark (NYSE:KMB) posted Q2 earnings of $441.00 million, an increase from Q1 of 17.57%. Sales dropped to $5.06 billion, a 0.63% decrease between quarters.

UBS Maintains Neutral on Kimberly-Clark, Raises Price Target to $142

27 Jul 22

UBS analyst Peter Grom maintains Kimberly-Clark (NYSE:KMB) with a Neutral and raises the price target from $136 to $142.

Deutsche Bank Maintains Hold on Kimberly-Clark, Lowers Price Target to $134

27 Jul 22

Read How Huggies Maker Kimberly-Clark Fared In Q2

26 Jul 22

Press releases

From Benzinga Pro

Kimberly-Clark Declares Quarterly Dividend

1 Aug 22

DALLAS, Aug. 1, 2022 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE:KMB) has declared a regular quarterly dividend of $1.16 per share. The dividend is payable on October 4, 2022, to

HUGGIES® AND WALGREENS® ENCOURAGE PARENTS TO JOIN THEM IN SUPPORTING FAMILIES STRUGGLING WITH DIAPER NEED

1 Aug 22

For every pack of Huggies® Diapers purchased at a Walgreens store or online at Walgreens.com this August, Huggies® will donate a day's worth of diapers to the National Diaper Bank Network, up to 1 million

Kimberly-Clark Recognized as One of the 2022 World's Most Ethical Companies by Ethisphere

1 Aug 22

DALLAS, Aug. 1, 2022 /PRNewswire/ -- Kimberly-Clark announced today that it was once again named one of the World's Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honors the

Kimberly-Clark Names Zack Hicks as Chief Digital and Technology Officer

28 Jul 22

Kimberly-Clark Announces Second Quarter 2022 Results

26 Jul 22

Analyst ratings and price targets

Last 3 months

Average target

$133.33

Low target

$124.00

High target

$142.00

Calendar

26 Jul 22

9 Aug 22

31 Dec 22

Financial summary

Financial statements Chart KMB financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	311M	311M	311M	311M	311M	311M
Cash burn (monthly)	60.67M	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	81.4M	n/a	n/a	n/a	n/a	n/a
Cash remaining	229.6M	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	3.8	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

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Recent insider trades

KMB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Jul 22	Lewis Alison	Common Stock	Payment of exercise	Dispose F	No	No	131.79	1,072	141.28K	6,205.7
31 Jul 22	Lewis Alison	Common Stock	Grant	Acquire A	No	No	0	3,559	0	7,277.7
31 Jul 22	Lewis Alison	Restricted Share Units 07/31/2019 (w/dividends reinvested) Common Stock	Option exercise	Dispose M	No	No	0	3,559	0	0
29 Jul 22	Hicks Zackery A	Stock Option Common Stock	Grant	Acquire A	No	No	131.79	45,527	6M	45,527
29 Jul 22	Hicks Zackery A	Restricted Share Units 07/29/2022 (w/dividends reinvested) Common Stock	Grant	Acquire A	No	No	0	14,417	0	14,417
12 May 22	Michael D. Hsu	Common Stock	Sell	Dispose S	No	No	140.06	40,020	5.61M	89,593
12 May 22	Michael D. Hsu	Common Stock	Sell	Dispose S	No	No	140.49	1,678	235.74K	129,613
12 May 22	Michael D. Hsu	Common Stock	Option exercise	Acquire M	No	No	98.9241	41,698	4.12M	131,291
12 May 22	Michael D. Hsu	Stock Option Common Stock	Option exercise	Dispose M	No	No	98.9241	41,698	4.12M	0
11 May 22	Michael D. Hsu	Common Stock	Gift	Dispose G	No	No	0	4,325	0	89,593

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

KMB institutional ownership history Ownership history

11.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1554	1637	-5.1%
Opened positions	103	240	-57.1%
Closed positions	186	110	+69.1%
Increased positions	594	536	+10.8%
Reduced positions	577	600	-3.8%

13F shares	Current	Prev Q	Change
Total value	30.75B	35.76B	-14.0%
Total shares	255.36M	250.18M	+2.1%
Total puts	2.05M	1.96M	+4.8%
Total calls	2.27M	2.47M	-8.0%
Total put/call ratio	0.9	0.8	+14.0%

Largest owners	Shares	Value	Change
Vanguard	28.12M	$3.46B	-5.2%
BLK Blackrock	27.39M	$3.37B	+5.7%
STT State Street	18.05M	$2.24B	+1.1%
Capital Research Global Investors	12.23M	$1.51B	+9.5%
TROW T. Rowe Price	9.45M	$1.16B	-21.4%
Massachusetts Financial Services	7.66M	$943.38M	-4.1%
Wellington Management	6.9M	$849.56M	-3.5%
Geode Capital Management	5.89M	$724.07M	+5.1%
Charles Schwab Investment Management	5.45M	$670.68M	+7.9%
BAC Bank Of America	4.73M	$582.69M	-12.2%

Largest transactions	Shares	Bought/sold	Change
Cowa	4.4M	+4.4M	NEW
Norges Bank	0	-3.31M	EXIT
TROW T. Rowe Price	9.45M	-2.57M	-21.4%
Vanguard	28.12M	-1.54M	-5.2%
BLK Blackrock	27.39M	+1.48M	+5.7%
CFS Investment Advisory Services	1.39M	+1.38M	+12167.2%
Capital Research Global Investors	12.23M	+1.06M	+9.5%
American Century Companies	2.91M	+1.02M	+54.3%
Verity Asset Management	945.42K	+945.42K	NEW
Millennium Management	837.38K	+782.26K	+1419.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Lakeland Industries • Alpha Pro Tech • Durect • Edgewell Personal Care • Diversey • Pacira BioSciences • Honest Company Inc

Risks

We face various risks related to health epidemics, pandemics and similar outbreaks, which may have material adverse effects on our business, financial position, results of operations and cash flows.
Cyber-attacks, privacy breaches, data breaches or a failure of key information technology systems could disrupt our business operations and cause us financial and reputational damage.
Significant increases in prices for raw materials, energy, transportation or other necessary supplies or services, without corresponding increases in our selling prices, could adversely affect our financial results.
Our international operations are subject to foreign market risks, including changes in foreign currency exchange rates, currency restrictions and political, social and economic instability, which may adversely affect our financial results.
Damage to the reputation of Kimberly-Clark or to one or more of our brands could adversely affect our business.
There is no guarantee that our ongoing efforts to reduce costs will be successful.
We may acquire or divest product lines or businesses, which could impact our results.
Climate change and other sustainability matters may adversely affect our business and operations.
Increasing dependence on key retailers in Developed Markets and the emergence of new sales channels may adversely affect our business.
Intense competition for sales of our products, changes in consumer purchasing patterns and the inability to innovate or market our products effectively could have an adverse effect on our financial results.
Government regulations and enforcement, and potential litigation, could have an adverse effect on our financial results.
New or revised tax regulations could have an adverse effect on our financial results.

Management Discussion

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations
We describe our business outside North America in two groups – Developing and Emerging Markets ("D&E") and Developed Markets. D&E markets comprise Eastern Europe, the Middle East and Africa, Latin America and Asia-Pacific, excluding Australia and South Korea. Developed Markets consist of Western and Central Europe, Australia and South Korea. We have three reportable business segments: Personal Care, Consumer Tissue and K-C Professional. These business segments are described in greater detail in Note 7 to the unaudited interim consolidated financial statements.
On February 24, 2022, we completed our acquisition of a majority and controlling share of Thinx Inc. (“Thinx”), an industry leader in the reusable period and incontinence underwear category, for total consideration of $181 consisting of cash of $53, the fair value of our previously held equity investment of $127, and certain share-based award costs of $1.