Kimberly-Clark Corporation (KMB)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,545,000 | 1,764,000 | 1,934,000 | 1,814,000 | 2,352,000 |
| Total assets | US$ in thousands | 16,546,000 | 17,344,000 | 17,970,000 | 17,837,000 | 17,523,000 |
| ROA | 15.38% | 10.17% | 10.76% | 10.17% | 13.42% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,545,000K ÷ $16,546,000K
= 15.38%
Kimberly-Clark Corporation's Return on Assets (ROA) is a key financial metric that indicates the efficiency of the company in generating profits from its assets. The ROA for Kimberly-Clark Corporation has shown fluctuations over the past five years.
As of December 31, 2020, the ROA was 13.42%, indicating that the company generated $0.1342 in profit for every dollar of assets it had. This suggested that Kimberly-Clark was efficiently utilizing its assets to generate earnings.
However, in subsequent years, the ROA experienced some fluctuations. By December 31, 2021, the ROA had decreased to 10.17%, before increasing slightly to 10.76% by December 31, 2022. The ROA remained at 10.17% by December 31, 2023.
Notably, by December 31, 2024, the ROA rebounded significantly to 15.38%, indicating a marked improvement in the company's ability to generate profits from its assets compared to the previous years.
Overall, the fluctuations in Kimberly-Clark Corporation's ROA over the years suggest varying levels of efficiency in utilizing its assets to generate profits. The upward trend in 2024 could be a positive sign of improved asset utilization and profitability for the company.
Peer comparison
Dec 31, 2024