Kimberly Clark
Kimberly Clark returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 21.9% | 23.76% | — | 129.43% | 11.07% | 14.2 pp |
| FY 2026 Q1 | Mar 31, 2026 | 21.46% | 25.15% | -116.43% | 146.29% | 12.65% | 13.8 pp |
| FY 2025 Q4 | Dec 31, 2025 | 21.47% | 24.09% | -129.83% | 172.59% | 12.01% | 13.8 pp |
| FY 2025 Q3 | Sep 30, 2025 | 22.07% | 25.41% | — | 150.48% | 11.56% | 14.4 pp |
| FY 2025 Q2 | Jun 30, 2025 | 28.89% | 30.83% | — | 201.91% | 14.27% | 21.2 pp |
| FY 2025 Q1 | Mar 31, 2025 | 29.54% | 31.9% | — | 229.84% | 14.76% | 21.8 pp |
| FY 2024 Q4 | Dec 31, 2024 | 33.74% | 32.17% | — | 290.03% | 15.02% | 26 pp |
| FY 2024 Q3 | Sep 30, 2024 | — | 32.63% | — | 265.34% | 15.19% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 28.04% | — | 279.58% | 13.2% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 22.63% | — | 209.3% | 10.46% | — |
| FY 2023 Q4 | Dec 31, 2023 | 21.84% | 22.27% | — | 241.31% | 9.99% | 14.1 pp |
| FY 2023 Q3 | Sep 30, 2023 | — | 22.77% | — | 315.49% | 10.07% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 20.9% | — | 300.46% | 9.25% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 24.67% | — | 277.67% | 10.73% | — |
| FY 2022 Q4 | Dec 31, 2022 | 23.84% | 24.68% | — | 364.56% | 10.8% | 16.1 pp |
| FY 2022 Q3 | Sep 30, 2022 | — | 23.54% | — | 391.66% | 10.02% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 23.19% | — | 319.79% | 9.94% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 22.64% | — | 286.67% | 9.77% | — |
| FY 2021 Q4 | Dec 31, 2021 | 22.37% | 23.11% | -437.74% | 318.25% | 10.26% | 14.7 pp |
| FY 2021 Q3 | Sep 30, 2021 | — | 26.63% | — | 493.45% | 11.64% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 27.62% | — | 504.8% | 11.76% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 31.53% | — | 1,296.87% | 13.83% | — |
| FY 2020 Q4 | Dec 31, 2020 | 30.38% | 33.37% | 10.81% | 793.25% | 14.34% | 22.7 pp |
| FY 2020 Q3 | Sep 30, 2020 | — | 34.75% | — | 2,432.99% | 14.95% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 37.9% | — | 5,686.67% | 16.24% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 37.67% | — | — | 15.3% | — |
| FY 2019 Q4 | Dec 31, 2019 | 32.58% | 36.6% | 109.85% | — | 14.48% | 24.9 pp |
| FY 2019 Q3 | Sep 30, 2019 | — | 35.92% | — | — | 13.65% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 31.59% | — | — | 12.04% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 31.7% | — | 29,516.67% | 11.61% | — |
| FY 2018 Q4 | Dec 31, 2018 | 22.66% | 25.81% | — | 824.56% | 9.5% | 15 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 27.59% | — | 2,565.08% | 10.91% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 30.28% | — | 7,697.78% | 11.69% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 30.95% | — | 798.23% | 12.03% | — |
| FY 2017 Q4 | Dec 31, 2017 | 33.8% | 36.56% | 15.4% | 864.52% | 15.31% | 26.1 pp |
| FY 2017 Q3 | Sep 30, 2017 | — | 35.35% | — | 776.34% | 14.47% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 35.34% | — | 1,442.28% | 14.4% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 36.53% | — | 1,782.86% | 14.77% | — |
| FY 2016 Q4 | Dec 31, 2016 | 32.96% | 38.46% | — | — | 14.71% | 25.3 pp |
| FY 2016 Q3 | Sep 30, 2016 | — | 34.71% | — | 1,129.75% | 13.37% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 33.67% | — | 550.84% | 13.02% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 18.24% | — | 721.85% | 7.3% | — |
| FY 2015 Q4 | Dec 31, 2015 | 15.43% | 18.13% | -1,520.23% | 365.05% | 6.67% | 7.7 pp |
| FY 2015 Q3 | Sep 30, 2015 | — | 9.46% | — | 27.65% | 3.53% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 10.39% | — | 25.03% | 3.7% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 22.88% | — | 59.91% | 8.55% | — |
| FY 2014 Q4 | Dec 31, 2014 | 18.39% | 22.54% | — | 54.65% | 8.86% | 10.7 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 25.31% | — | 48.1% | 11.23% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 24.12% | — | 47.45% | 10.96% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 25.13% | — | 45.88% | 11.09% | — |
| FY 2013 Q4 | Dec 31, 2013 | 21.73% | 23.89% | — | 43.53% | 11.04% | 14 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | 20.55% | — | 36.66% | 9.49% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 20.22% | — | 37.53% | 9.41% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 20.36% | — | 36.07% | 9.23% | — |
| FY 2012 Q4 | Dec 31, 2012 | 17.32% | 19.35% | — | 34.2% | 8.92% | 9.6 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | 20.47% | — | 35.17% | 9.5% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 18.97% | — | 32.73% | 8.98% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 18.23% | — | 31.69% | 8.64% | — |
| FY 2011 Q4 | Dec 31, 2011 | 15.83% | 17.14% | -214.54% | 28.5% | 8.11% | 8.1 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | 17.98% | — | 31.04% | 8.6% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 18.63% | — | 32.52% | 8.77% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 18.98% | — | 33.41% | 9.28% | — |
| FY 2010 Q4 | Dec 31, 2010 | 18.34% | 19.25% | -17.33% | 32.55% | 9.43% | 10.6 pp |
| FY 2010 Q3 | Sep 30, 2010 | — | 20.22% | — | 33.97% | 9.68% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 21.88% | — | 41.13% | 10.61% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · KMB, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.