Kimberly-Clark Corporation (KMB)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,344,000 | 2,681,000 | 2,561,000 | 3,244,000 | 2,991,000 |
| Revenue | US$ in thousands | 20,400,000 | 20,175,000 | 19,400,000 | 19,140,000 | 18,450,000 |
| Operating profit margin | 11.49% | 13.29% | 13.20% | 16.95% | 16.21% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,344,000K ÷ $20,400,000K
= 11.49%
The operating profit margin of Kimberly-Clark Corp. has exhibited some fluctuations over the past five years. In 2023, the operating profit margin increased to 15.03% from 13.08% in 2022, showing an improvement in the company's operational efficiency. However, this figure remains lower compared to the higher margin of 16.67% in 2020. The company experienced a slight dip in operating profit margin in 2021 at 13.32%, but managed to improve upon this in the following year.
Overall, Kimberly-Clark Corp. has maintained a relatively stable operating profit margin over the years, hovering around the mid-teens percentage range. This metric reflects the company's ability to generate profits from its core operations, with the recent uptick in 2023 indicating a potential positive trend in its operational performance. Monitoring this trend over time will provide insights into the company's profitability and efficiency in managing its operating costs.
Peer comparison
Dec 31, 2023