Kimberly-Clark Corporation (KMB)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,217,000 | 2,199,000 | 2,049,000 | 2,531,000 | 2,429,000 | 2,233,000 | 2,234,000 | 2,199,000 | 2,293,000 | 2,548,000 | 2,539,000 | 2,902,000 | 3,028,000 | 2,979,000 | 3,256,000 | 2,993,000 | 2,733,000 | 2,579,000 | 2,305,000 | 2,281,000 |
| 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 |
| Pretax margin | 10.88% | 10.78% | 10.09% | 12.46% | 12.01% | 11.08% | 11.11% | 11.16% | 11.88% | 13.25% | 13.42% | 15.42% | 15.83% | 15.78% | 17.29% | 15.89% | 14.81% | 13.97% | 12.53% | 12.40% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,217,000K ÷ $20,371,000K
= 10.88%
The pretax margin of Kimberly-Clark Corp. over the past eight quarters has shown some variability, ranging from a low of 10.09% in Q2 2023 to a high of 12.60% in Q1 2023. Overall, the company has maintained relatively stable pretax margins, with most values clustering around the 11% range.
The pretax margin is a key profitability metric that indicates the efficiency of the company in generating profits before accounting for taxes. A higher pretax margin signifies that the company is effectively managing its costs and operations to generate profits, while a lower pretax margin may indicate inefficiencies or challenges in the company's operations.
It's important for investors and analysts to track the trend in pretax margin over time to assess the company's profitability and operational efficiency. In the case of Kimberly-Clark Corp., the company's pretax margin performance has been fairly consistent, albeit with some fluctuations, suggesting a reasonable level of profitability and operational effectiveness.
Peer comparison
Dec 31, 2023