Kimberly-Clark Corporation (KMB)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 20,029,000 | 20,040,000 | 20,220,000 | 20,320,000 | 20,366,000 | 20,391,000 | 20,312,000 | 20,312,000 | 20,217,000 | 20,153,000 | 20,100,000 | 19,700,000 | 19,300,000 | 19,236,000 | 18,919,000 | 18,819,000 | 19,128,000 | 18,875,000 | 18,832,000 | 18,832,000 |
| Property, plant and equipment | US$ in thousands | 7,513,000 | 7,703,000 | 7,620,000 | 7,772,000 | 7,913,000 | 7,700,000 | 7,815,000 | 7,866,000 | 7,885,000 | 7,737,000 | 7,931,000 | 8,114,000 | 8,097,000 | 7,964,000 | 8,018,000 | 7,887,000 | 8,042,000 | 7,497,000 | 7,366,000 | 7,226,000 |
| Fixed asset turnover | 2.67 | 2.60 | 2.65 | 2.61 | 2.57 | 2.65 | 2.60 | 2.58 | 2.56 | 2.60 | 2.53 | 2.43 | 2.38 | 2.42 | 2.36 | 2.39 | 2.38 | 2.52 | 2.56 | 2.61 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $20,029,000K ÷ $7,513,000K
= 2.67
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. Kimberly-Clark Corporation's fixed asset turnover has shown a relatively stable trend over the past few years, ranging from 2.36 to 2.67.
The ratio peaked at 2.67 as of December 31, 2024, indicating that for every dollar invested in fixed assets, Kimberly-Clark generated $2.67 in revenue. This suggests that the company is effectively utilizing its fixed assets to drive sales.
Overall, the steady increase in the fixed asset turnover ratio over the years reflects positively on Kimberly-Clark's ability to efficiently generate sales using its fixed assets.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Net Fixed Asset Turnover (Quarterly Data)