Kimberly-Clark Corporation (KMB)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,110,000 | 2,217,000 | 2,429,000 | 2,293,000 | 3,028,000 |
| Revenue | US$ in thousands | 20,058,000 | 20,431,000 | 20,175,000 | 19,400,000 | 19,140,000 |
| Pretax margin | 15.51% | 10.85% | 12.04% | 11.82% | 15.82% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $3,110,000K ÷ $20,058,000K
= 15.51%
Kimberly-Clark Corporation's pretax margin has shown fluctuations over the past five years. The pretax margin was 15.82% as of December 31, 2020, indicating that the company generated $0.1582 in pretax profit for every dollar of revenue. However, the pretax margin decreased to 11.82% by December 31, 2021, suggesting a decline in profitability.
In 2022, the pretax margin improved slightly to 12.04%, but remained below the 2020 level. The following year, by December 31, 2023, the pretax margin dropped to 10.85%, reflecting a further decrease in profitability.
However, there was a notable recovery in profitability by December 31, 2024, with the pretax margin increasing to 15.51%. This improvement may indicate that Kimberly-Clark Corporation successfully implemented strategic initiatives to enhance efficiency and profitability.
Overall, the trend in Kimberly-Clark Corporation's pretax margin shows some variability, with a dip in profitability followed by a significant rebound in the latest period. It would be essential for the company to continue monitoring its margins and implementing measures to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024