Kimberly Clark (KMB) FY2022 results: revenue $17.0 billion, down 12.8% on the year
Kimberly Clark Corp. (KMB) reported revenue of $17.0 billion for fiscal 2022, the year ended 31 December 2022, down 12.8% on the year before. Net income was $1.9 billion, up 6.6%, and diluted earnings per share $5.72. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2023.
Revenue
$17.0 billion
-12.8% on the year
FY2015FY2022
Operating margin
13.6%
13.2% a year earlier
FY2015FY2022
Net income
$1.9 billion
+6.6% on the year
FY2015FY2022
Diluted EPS
$5.72
+6.9% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,733
2,730
3,729
+0.1%
Capital expenditure
876
1,007
1,217
-13.0%
Free cash flow
1,857
1,723
2,512
+7.8%
Free cash flow margin
11.0%
8.9%
13.1%
Cash from investing
-785
-1,056
-2,305
Cash from financing
-1,760
-1,696
-1,567
Depreciation and amortisation
754
766
796
-1.6%
Share-based compensation
150
26.0
147
+476.9%
Buybacks
100
400
700
-75.0%
Dividends paid
1,558
1,516
1,451
+2.8%
Dividend per share
$4.64
$4.56
$4.28
+1.8%
Diluted shares, weighted
338m
339m
342m
-0.1%
Shares outstanding at period end
338m
337m
339m
+0.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
547
514
626
+6.4%
Non-controlling interest
153
223
243
-31.4%
Debt
8,422
8,574
8,364
-1.8%
Other liabilities
8,848
8,526
8,290
+3.8%
Total liabilities and equity
17,970
17,837
17,523
+0.7%
Fixed assets
7,885
8,097
8,042
-2.6%
Goodwill
1,880
1,840
1,895
+2.2%
Intangible assets
851
810
832
+5.1%
Cash and equivalents
427
270
303
+58.1%
Receivables
2,280
2,207
2,235
+3.3%
Inventory
2,269
2,239
1,903
+1.3%
Other assets
2,378
2,374
2,313
+0.2%
Total assets
17,970
17,837
17,523
+0.7%
10-K for the year ended 31 December 2022, filed 9 February 2023: the filing.