Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Kimberly-Clark

KMB stock analysis · Consumer Staples · Household Products

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$109.77HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$36.5B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$74.85

Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -31.8% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

14.4%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

38.1%

26 sector peers · median 24.9×

How this is calculated ↗
Valuation

Historical multiples

21.2×

7 annual observations · snapshot P/E 18.1× · -14.7% versus history

How this is calculated ↗
Valuation

Free cash flow yield

4.5%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

24.4%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

43/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

3.3%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

4.8%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-4.3%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

-2.1%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 3.7B2020-12-31: cfo $3,729,000,000.002020-12-31: capex $1,217,000,000.0020202021-12-31: cfo $2,730,000,000.002021-12-31: capex $1,007,000,000.0020212022-12-31: cfo $2,733,000,000.002022-12-31: capex $876,000,000.0020222023-12-31: cfo $3,542,000,000.002023-12-31: capex $766,000,000.0020232024-12-31: cfo $3,234,000,000.002024-12-31: capex $721,000,000.0020242025-12-31: cfo $2,777,000,000.002025-12-31: capex $1,138,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$93.88$102.43$111.63
10.0%$68.79$74.85$81.35
12.0%$54.27$58.89$63.84

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3116.4B2B2.8B1.1B17.1B
2024-12-3116.8B2.6B3.2B721M16.5B
2023-12-3117.1B1.8B3.5B766M17.3B
2022-12-3120.2B2B2.7B876M18B
2021-12-3119.4B1.8B2.7B1B17.8B
2020-12-3119.1B2.4B3.7B1.2B17.5B
2019-12-3118.5B2.2B2.7B1.2B15.3B
2018-12-3118.5B1.4B3B877M14.5B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue16.4BRevenues2026-02-12
netIncome2BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-12
Parent/common earnings proxy2BNetIncomeLoss2026-02-12
cfo2.8BNetCashProvidedByUsedInOperatingActivities2026-02-12
capex1.1BPaymentsToAcquireProductiveAssets2026-02-12
operatingIncome2.4BOperatingIncomeLoss2026-02-12
assets17.1BAssets2026-02-12
equity1.6BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-12
Parent book equity proxy1.5BStockholdersEquity2026-02-12
debt6.9BLongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities2026-02-12
shortDebtNot reported under a supported tag
cash688MCashAndCashEquivalentsAtCarryingValue2026-02-12
shares333.2MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-12
dividends1.7BPaymentsOfDividendsCommonStock2026-02-12
buybacks141MPaymentsForRepurchaseOfCommonStock2026-02-12
issuance40MReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Proceeds from exercise of stock options: 40000000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 9 financing lines reconcile exactly to reported financing cash flow -2179000000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net -111000000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-02-12