Kimberly-Clark Corporation (KMB)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 1,764,000 1,934,000 1,814,000 2,352,000 2,157,000
Revenue US$ in thousands 20,400,000 20,175,000 19,400,000 19,140,000 18,450,000
Net profit margin 8.65% 9.59% 9.35% 12.29% 11.69%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $1,764,000K ÷ $20,400,000K
= 8.65%

Kimberly-Clark Corp.'s net profit margin has fluctuated over the past five years, ranging from 8.63% in 2023 to 12.29% in 2020. The downward trend from 2020 to 2023 indicates a decrease in profitability relative to revenue during this period. This decline may be attributed to various factors such as changes in operating expenses, cost of goods sold, or revenue performance. Further analysis is recommended to understand the specific drivers behind these fluctuations and to evaluate the company's overall financial health and efficiency in generating profits.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Kimberly-Clark Corporation
KMB
8.65%
Avery Dennison Corp
AVY
6.10%

See also:

Kimberly-Clark Corporation Net Profit Margin