Kimberly-Clark Corporation (KMB)

Return on equity (ROE)

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 stockholders’ equity US$ in thousands 915,000 680,000 500,000 719,000 547,000 437,000 593,000 705,000 514,000 707,000 758,000 746,000 626,000 577,000 495,000 46,000 -33,000 88,000 50,000 -82,000
ROE 192.79% 259.12% 328.40% 274.97% 353.56% 408.24% 301.18% 248.65% 352.92% 282.32% 263.72% 305.09% 375.72% 409.01% 516.97% 5,136.96% 2,296.59% 3,602.00%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,764,000K ÷ $915,000K
= 192.79%

Kimberly-Clark Corp.'s return on equity (ROE) has shown significant fluctuations over the past eight quarters. The company's ROE ranged from 192.79% to 408.24%, with the highest being in Q3 2022. These variations indicate that the company's profitability relative to shareholder equity has been volatile. Overall, Kimberly-Clark Corp. has demonstrated strong profitability as reflected in its consistently high ROE figures, suggesting efficient management of assets to generate earnings. However, the fluctuations in ROE may require further investigation to understand the drivers behind the changes and the sustainability of the company's performance.


Peer comparison

Dec 31, 2023

Company name
Symbol
ROE
Kimberly-Clark Corporation
KMB
192.79%
Avery Dennison Corp
AVY
23.64%

See also:

Kimberly-Clark Corporation Return on Equity (ROE) (Quarterly Data)