NASDAQ$KMB

Kimberly-Clark Corp · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Kimberly-Clark delivered solid results in the first year of transformation, establishing a foundation for its Powering Care strategy and exceeding its long-term growth algorithm.

Kimberly-Clark reported Q4 2024 results with net sales of $4.9 billion, a decrease of 0.8%, but organic sales grew by 2.3%. Adjusted EPS was $1.50, down 0.7% year-over-year. The company's Powering Care strategy drove volume gains and improved product mix, generating significant efficiencies.

  • Net sales were $4.9 billion, down 0.8 percent, with organic sales growth of 2.3 percent.
  • Adjusted gross margin was 35.4 percent, up 50 basis points versus the prior year.
  • Adjusted operating profit was $684 million, up 2.1 percent versus the prior year.
  • Adjusted earnings per share were $1.50, down 0.7 percent versus prior year.

Headline financials

Total Revenue

$4.93B

Previous: $4.97B-0.8%
EPS (adj)

$1.50

Previous: $1.51-0.7%
Adjusted Gross Margin

37.0%

No prior period
Adjusted Tax Rate

26.8%

No prior period
Capital Expenditures

-$209M

Previous: -$217M+3.7%
Net Income

$452M

Previous: $512M-11.7%
Operating Income

$548M

Previous: $670M-18.2%
Gross Profit

$1.68B

Previous: $1.74B-3.6%

Revenue & EPS history

Kimberly-Clark · Revenue · Quarterly

$4.93B

Q4 2024-0.8%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Kimberly-Clark expects 2025 Organic Sales Growth to outpace the weighted average growth in the categories and countries it competes, which are currently growing at approximately two percent.

Tailwinds

  • 2025 Organic Sales Growth to outpace category growth.
  • Adjusted Operating Profit is expected to grow at a high single-digit rate on a constant-currency basis.
  • Adjusted Earnings Per share are expected to grow at a mid-to-high single-digit rate on a constant-currency basis.
  • Continued organic growth.
  • Operating momentum as transformation progresses.

Headwinds

  • Reported Net Sales are forecast to reflect a negative impact of approximately 300 basis points from currency translation.
  • Reported Net Sales are forecast to reflect a negative 240 basis point impact from divestiture of PPE business and exit of private label diaper businesses in the US.
  • Adjusted Operating Profit is expected to include a negative 320 basis point impact from divestiture of PPE business and exit of the company's private label diaper businesses in the US.
  • Operating Profit growth is also expected to be negatively impacted by approximately 300 basis points from currency translation.
  • Earnings Per Share are also currently expected to be negatively impacted by approximately 350-400 basis points from currency translation, including the impact on income from equity interests.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

-1.0%

Avg return

5 days after

+0.7%

Avg return

30 days after

48%

35 / 73 earnings

Positive

+12.0%

Q1 2022

Best reaction

-7.8%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-0.6%+1.0%
Q4 2025-0.7%-1.1%+9.1%
Q3 2025+3.1%-13.8%-6.5%
Q2 2025+4.8%+9.7%+3.6%
Q1 2025-1.5%-6.0%-0.2%
Q4 2024-1.5%-1.1%+6.7%
Q3 2024-5.1%-6.0%-5.0%
Q2 2024-2.5%-1.6%+0.3%
Q1 2024+6.9%+4.9%+2.3%
Q4 2023-3.6%-2.9%-2.6%
Q3 2023-2.5%-4.1%+0.4%
Q2 2023-3.8%-4.9%-6.3%
Q1 2023+0.8%+1.7%-3.8%
Q4 2022-3.2%-4.2%-6.3%
Q3 2022+3.8%+7.3%+15.7%
Q2 2022-1.0%-1.2%-0.4%
Q1 2022+12.0%+9.7%+0.2%
Q4 2021-1.5%-1.4%-5.6%
Q3 2021+0.2%-2.7%+1.6%
Q2 2021+0.1%-0.0%+2.4%
Q1 2021-7.0%-7.6%-5.7%
Q4 2020+3.7%-0.1%-1.1%
Q3 2020-7.8%-9.2%-5.8%
Q2 2020+2.1%+4.5%+9.0%
Q1 2020+0.6%+0.6%+0.2%
Q4 2019-0.7%+0.3%-2.1%
Q3 2019-3.5%-3.6%-4.2%
Q2 2019+0.3%+2.2%+5.6%
Q1 2019+1.7%+1.8%+6.0%
Q4 2018-3.3%-6.2%+3.4%
Q3 2018-5.5%-7.2%+0.4%
Q2 2018+0.9%+2.5%+10.2%
Q1 2018+0.4%+4.5%+4.5%
Q4 2017+2.4%+4.6%-3.5%
Q3 2017-1.2%-0.9%+2.3%
Q2 2017-1.3%-1.1%-2.3%
Q1 2017+2.2%-0.2%-1.5%
Q4 2016+4.3%+3.4%+14.8%
Q3 2016-4.9%-4.2%-4.2%
Q2 2016-1.7%-3.8%-4.4%
Q1 2016-4.2%
Q4 2015-1.4%
Q3 2015+3.1%
Q2 2015-0.3%
Q1 2015+4.2%
Q4 2014-7.7%
Q3 2014+4.3%
Q2 2014-2.5%
Q1 2014-3.7%
Q4 2013+1.9%
Q3 2013+6.2%
Q2 2013-1.3%
Q1 2013+4.2%
Q4 2012+0.3%
Q3 2012-3.6%
Q2 2012+4.7%
Q1 2012+1.8%
Q4 2011-0.1%
Q3 2011+0.7%
Q2 2011-0.3%
Q1 2011-0.6%
Q4 2010-0.4%
Q3 2010-1.4%
Q2 2010+1.1%
Q1 2009+3.0%
Q1 2010-1.0%
Q4 2007+0.0%
Q4 2009+0.0%
Q4 2008+0.9%
Q3 2008+0.9%
Q3 2009+0.9%
Q2 2009-0.0%
Q2 2008-0.0%

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