Kimberly-Clark Corporation (KMB)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,764,000 | 1,762,000 | 1,642,000 | 1,977,000 | 1,934,000 | 1,784,000 | 1,786,000 | 1,753,000 | 1,814,000 | 1,996,000 | 1,999,000 | 2,276,000 | 2,352,000 | 2,360,000 | 2,559,000 | 2,363,000 | 2,157,000 | 2,021,000 | 1,801,000 | 1,771,000 |
| Total assets | US$ in thousands | 17,344,000 | 17,153,000 | 17,383,000 | 18,177,000 | 17,970,000 | 17,836,000 | 18,114,000 | 18,672,000 | 17,837,000 | 17,775,000 | 17,827,000 | 17,226,000 | 17,523,000 | 16,531,000 | 16,173,000 | 15,677,000 | 15,283,000 | 15,033,000 | 15,347,000 | 15,204,000 |
| ROA | 10.17% | 10.27% | 9.45% | 10.88% | 10.76% | 10.00% | 9.86% | 9.39% | 10.17% | 11.23% | 11.21% | 13.21% | 13.42% | 14.28% | 15.82% | 15.07% | 14.11% | 13.44% | 11.74% | 11.65% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,764,000K ÷ $17,344,000K
= 10.17%
To analyze Kimberly-Clark Corp.'s return on assets (ROA) based on the provided data:
- The ROA has been fluctuating over the past eight quarters, ranging from 9.39% to 10.88%.
- The average ROA for this period is 10.07%, indicating a relatively stable performance in generating profits from its assets.
- The highest ROA was recorded in Q1 2023 at 10.88%, suggesting efficient asset utilization during that period.
- The lowest ROA occurred in Q2 2022, standing at 9.39%, which may indicate a decrease in profitability relative to the other quarters.
- Overall, Kimberly-Clark Corp. has maintained a healthy ROA, which reflects the company's ability to generate earnings from its assets efficiently, although there have been fluctuations in performance over the analyzed period.
Peer comparison
Dec 31, 2023
See also:
Kimberly-Clark Corporation Return on Assets (ROA) (Quarterly Data)