Kimberly-Clark Corporation (KMB)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 2,545,000 | 2,607,000 | 2,287,000 | 1,845,000 | 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 |
Total assets | US$ in thousands | 16,546,000 | 17,165,000 | 17,280,000 | 17,092,000 | 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 |
ROA | 15.38% | 15.19% | 13.23% | 10.79% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,545,000K ÷ $16,546,000K
= 15.38%
Kimberly-Clark Corporation's return on assets (ROA) has fluctuated over the past few years, ranging from a high of 15.82% in June 2020 to a low of 9.39% in March 2022. The ROA measures the company's efficiency in generating profits from its assets, and a decreasing trend in ROA may indicate declining asset utilization or profitability.
The ROA decreased from 13.21% in March 2021 to 9.39% in March 2022, which could be a concern for investors as it shows a decline in the company's ability to generate earnings relative to its total assets. However, the ROA saw a steady increase from September 2022 to December 2024, reaching a peak of 15.38% in December 2024. This upward trend is a positive sign for the company, indicating improved efficiency in utilizing its assets to generate profits.
Overall, Kimberly-Clark Corporation's ROA has shown variability over the years, but the recent trend of increasing ROA values suggests an improvement in the company's asset management and profitability. Investors and stakeholders may view this positively as it indicates the company's ability to generate higher returns on the assets deployed.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Return on Assets (ROA) (Quarterly Data)