KIMBERLY CLARK CORP Earnings Per Share Disclosure
| Year Ended December 31 | ||||||||||||||||||||
| (In millions, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Income from Continuing Operations | $ | 1,649 | $ | 2,192 | $ | 1,459 | ||||||||||||||
| Less: Net income attributable to noncontrolling interests | (28) | (33) | — | |||||||||||||||||
| Income from Continuing Operations Attributable to Kimberly-Clark Corporation | 1,621 | 2,159 | 1,459 | |||||||||||||||||
| Income from Discontinued Operations, Net of Income Taxes | 400 | 386 | 305 | |||||||||||||||||
| Net Income Attributable to Kimberly-Clark Corporation | $ | 2,021 | $ | 2,545 | $ | 1,764 | ||||||||||||||
| Weighted-Average Common Shares | ||||||||||||||||||||
| Basic | 331.9 | 335.6 | 337.8 | |||||||||||||||||
| Dilutive effect of stock options and RSU awards | 1.3 | 1.4 | 1.0 | |||||||||||||||||
| Diluted | 333.2 | 337.0 | 338.8 | |||||||||||||||||
| Basic: | ||||||||||||||||||||
| Continuing operations | $ | 4.88 | $ | 6.43 | $ | 4.32 | ||||||||||||||
| Discontinued operations | 1.21 | 1.15 | 0.90 | |||||||||||||||||
| Basic Earnings per Share | $ | 6.09 | $ | 7.58 | $ | 5.22 | ||||||||||||||
| Diluted: | ||||||||||||||||||||
| Continuing operations | $ | 4.86 | $ | 6.41 | $ | 4.31 | ||||||||||||||
| Discontinued operations | 1.21 | 1.14 | 0.90 | |||||||||||||||||
| Diluted Earnings per Share | $ | 6.07 | $ | 7.55 | $ | 5.21 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 12, 2026 | Showing above |
| 2024 | Feb 13, 2025 | |
| 2023 | Feb 8, 2024 | |
| 2022 | Feb 9, 2023 | |
| 2021 | Feb 10, 2022 | |
| 2020 | Feb 11, 2021 | |
| 2019 | Feb 13, 2020 | |
| 2018 | Feb 7, 2019 | |
| 2017 | Feb 8, 2018 | |
| 2016 | Feb 8, 2017 | |
| 2015 | Feb 11, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.