Kimberly-Clark Corporation (KMB)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,764,000 | 1,934,000 | 1,814,000 | 2,352,000 | 2,157,000 |
| Total stockholders’ equity | US$ in thousands | 915,000 | 547,000 | 514,000 | 626,000 | -33,000 |
| ROE | 192.79% | 353.56% | 352.92% | 375.72% | — |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,764,000K ÷ $915,000K
= 192.79%
Kimberly-Clark Corp.'s return on equity (ROE) has exhibited significant fluctuations over the years, ranging from 192.79% in 2023 to 375.72% in 2020. The ROE was exceptionally high in 2022 and 2021 at 353.56% and 352.92%, respectively. It is notable that there is no ROE data available for 2019. Such high ROE figures indicate that the company has been able to generate substantial profits relative to its shareholders' equity. However, the fluctuations in ROE suggest potential changes in the company's profitability and efficiency in utilizing shareholder funds. It would be beneficial to further investigate the underlying reasons behind these fluctuations to assess the company's financial performance and future prospects accurately.
Peer comparison
Dec 31, 2023