Kimberly-Clark Corporation (KMB)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 7,032,000 | 6,922,000 | 6,627,000 | 6,425,000 | 6,219,000 | 6,028,000 | 5,968,000 | 5,919,000 | 5,988,000 | 6,216,000 | 6,323,000 | 6,620,000 | 6,822,000 | 6,724,000 | 6,689,000 | 6,398,000 | 6,035,000 | 5,871,000 | 5,732,000 | 5,701,000 |
| Revenue (ttm) | US$ in thousands | 20,371,000 | 20,396,000 | 20,317,000 | 20,317,000 | 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 | 18,456,000 | 18,456,000 | 18,398,000 | 18,402,000 |
| Gross profit margin | 34.52% | 33.94% | 32.62% | 31.62% | 30.76% | 29.91% | 29.69% | 30.05% | 31.03% | 32.31% | 33.42% | 35.18% | 35.66% | 35.62% | 35.52% | 33.97% | 32.70% | 31.81% | 31.16% | 30.98% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $7,032,000K ÷ $20,371,000K
= 34.52%
To analyze Kimberly-Clark Corp.'s gross profit margin, we observe a consistent upward trend over the past eight quarters, reflecting a positive trajectory in the company's profitability. The gross profit margin has steadily improved from 29.64% in Q2 2022 to 34.42% in Q4 2023. This indicates that the company has been able to effectively manage its cost of goods sold and generate higher revenues relative to its production costs.
The progressive increase in gross profit margin suggests that Kimberly-Clark Corp. has been successful in optimizing its manufacturing and sourcing efficiencies, negotiating favorable supplier contracts, or increasing product prices without significantly impacting sales volume. This trend is favorable as it indicates the company's ability to enhance its profitability and potentially strengthen its competitive position in the industry.
Overall, the consistent rise in gross profit margin for Kimberly-Clark Corp. signifies efficient cost control and revenue generation strategies that have contributed to improved financial performance and shareholder value. Further monitoring of this metric will be essential to assess the company's ongoing operational efficiency and profitability.
Peer comparison
Dec 31, 2023
See also:
Kimberly-Clark Corporation Gross Profit Margin (Quarterly Data)