KIMBERLY CLARK CORP（KMB）の決算・業績分析
KIMBERLY CLARK CORPの2025年有価証券報告書をAI分析。売上高$16.4B(-18.0%)。営業利益$2.4B。Materials。
目次
KIMBERLY CLARK CORPの2025年度 業績サマリー
KIMBERLY CLARK CORP（証券コード: KMB）の2025年度決算・業績分析。売上高は$16.4B（前年比-18.0%）。営業利益は$2.4B（前年比-26.8%）。純利益は$2.0B（前年比-20.6%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
KIMBERLY CLARK CORPの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- KMB achieved 3.8% YoY revenue growth to $20.2B (XBRL), with net income rising 6.6% to $1.9B (XBRL).
- ROE surged to 211.4% (XBRL), driven by strong profitability and efficient asset utilization (11.2% ROA, XBRL).
- Cash conversion cycle (CCC) improved to -6 days (XBRL), reflecting efficient working capital management.
- Walmart Inc. remains a major customer, accounting for ~14% of consolidated net sales (10-K).
- Significant shareholder returns: $1.7B returned via dividends ($1.6B) and share repurchases ($100M) (XBRL).
KIMBERLY CLARK CORPの売上高変化の要因
- •Total revenue reached $20.2B (+3.8% YoY, XBRL), with historical growth from $18.5B in FY2020 to $20.2B in FY2024. However, FY2025 revenue dropped to $17.1B (XBRL). Segment-specific revenue drivers are not quantified in the XBRL data or 10-K text (N/A). The 2024 Transformation Initiative is highlighted as a strategic focus, though its direct impact on revenue is not detailed (10-K).
KIMBERLY CLARK CORPの営業利益変化の要因
- •Gross profit was $6.2B (30.8% margin, XBRL), with operating income rising to $2.7B (+4.7% YoY, XBRL). Net income increased 6.6% to $1.9B (9.6% margin, XBRL). Over 5 years, net income grew at +4.6% CAGR, while revenue and operating income declined at -1.5% and -2.9% CAGR, respectively (XBRL). ROE of 211.4% (XBRL) and ROA of 11.2% (XBRL) reflect strong returns despite a low equity ratio of 5.3% (XBRL).
KIMBERLY CLARK CORPの事業リスクと対応
Rising raw material/energy costs without price adjustments could harm financial results (10-K).
Pulp price volatility and recycled fiber availability risks impact earnings (10-K).
Petroleum-based material price fluctuations affect product margins (10-K).
Energy cost volatility from market and regulatory factors (10-K).
Cyberattacks/data breaches threatening operations and reputation (10-K).
Significant customer concentration with Walmart at ~14% of sales (10-K).
KIMBERLY CLARK CORPの今後の見通し・業績予想
KIMBERLY CLARK CORPの事業内容
Kimberly-Clark Corp (KMB) operates in five core categories: Baby & Child Care, Adult Care, Feminine Care, Family Care, and Professional. It sells products through retail, distributors, and e-commerce, leveraging global brands like Huggies, Kleenex, and Kotex. Key segments include North America, International Personal Care (IPC), and International Family Care and Professional (IFP). The company divested its PPE business in 2024 (10-K). Competitive advantages include a strong brand portfolio, innovation in science/technology, and sustainable practices supported by a 2024 Transformation Initiative (10-K). Walmart Inc. is the largest customer, representing ~14% of FY2024 revenue (10-K).
KIMBERLY CLARK CORPのAI業績分析レポート（2024年度）
KIMBERLY CLARK CORP (KMB) FY2024 Annual Report Analysis
Highlights
Business Overview
Kimberly-Clark Corp operates in five core categories: Baby & Child Care, Adult Care, Feminine Care, Family Care, and Professional. Key segments include North America, International Personal Care (IPC), and International Family Care and Professional (IFP). The company leverages global brands like Huggies, Kleenex, and Kotex, supported by innovation and sustainability initiatives. Walmart Inc. is the largest customer, representing ~14% of FY2024 revenue (10-K). The 2024 Transformation Initiative aims to improve agility and supply chain efficiency (10-K).
Revenue Analysis
Total revenue reached $20.2B (+3.8% YoY, XBRL), with historical growth from $18.5B in FY2020 to $20.2B in FY2024. However, FY2025 revenue dropped to $17.1B (XBRL). Segment-specific revenue drivers are not quantified in the XBRL data or 10-K text (N/A). The 2024 Transformation Initiative is highlighted as a strategic focus, though its direct impact on revenue is not detailed (10-K).
Profitability Analysis
Gross profit was $6.2B (30.8% margin, XBRL), with operating income rising to $2.7B (+4.7% YoY, XBRL). Net income increased 6.6% to $1.9B (9.6% margin, XBRL). Over 5 years, net income grew at +4.6% CAGR, while revenue and operating income declined at -1.5% and -2.9% CAGR, respectively (XBRL). ROE of 211.4% (XBRL) and ROA of 11.2% (XBRL) reflect strong returns despite a low equity ratio of 5.3% (XBRL).
Balance Sheet Analysis
Total assets declined to $17.3B in FY2024 from $17.8B in FY2023 (XBRL), while total equity rose to $915M from $547M in FY2023 (XBRL). Cash reserves stood at $1.1B (XBRL), but the current ratio of 0.82x (XBRL) indicates potential liquidity constraints. Segment-specific balance sheet data is not available (N/A).
Cash Flow Analysis
Operating cash flow was $2.7B (XBRL), matching net income. Free cash flow (FCF) totaled $1.9B (XBRL), with $1.6B in dividends paid and $100M in share repurchases (XBRL). Investing cash flow was -$785M (XBRL), though CapEx and major acquisitions/divestitures are not quantified (N/A).
Working Capital Analysis
CCC improved to -6 days (XBRL), driven by 39-day receivables, 51-day inventory, and 96-day payables (XBRL).
Risks
Outlook
Management highlighted the 2024 Transformation Initiative, targeting $3.0B in pre-tax savings and 4–5% workforce reductions (10-K). However, specific financial guidance or forward-looking metrics for FY2025 are not quantified in the XBRL data or 10-K text (N/A).
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 18.5B | 18.4B | 19.1B | 19.4B | 20.2B | 17.1B |
| Operating Income | 2.2B | 3.0B | 3.2B | 2.6B | 2.7B | 1.9B |
| Net Income | 1.4B | 2.2B | 2.4B | 1.8B | 1.9B | 1.8B |
| Total Assets | 14.5B | 15.3B | 17.5B | 17.8B | 17.3B | 16.5B |
| Total Equity | -33M | 626M | 514M | 547M | 915M | 840M |
| Operating Cash Flow | 3.0B | 2.7B | 3.7B | 2.7B | 2.7B | 3.5B |
Materialsの企業一覧
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