Kimberly Clark Debt-to-Equity Ratio Growth & History (KMB)
Kimberly Clark's debt-to-equity ratio was 4.84 for fiscal 2025.
View full Kimberly Clark company overviewKimberly Clark annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.84 | −4.50 | −48.20% |
| 2024 | 2024-12-31 | 9.35 | 0.10 | +1.11% |
| 2023 | 2023-12-31 | 9.24 | −5.70 | −38.16% |
| 2022 | 2022-12-31 | 14.95 | −1.50 | −9.14% |
| 2021 | 2021-12-31 | 16.45 | 3.45 | +26.50% |
| 2020 | 2020-12-31 | 13.00 | — | — |
| 2017 | 2017-12-31 | 10.93 | — | — |
| 2014 | 2014-12-31 | 9.54 | 8.36 | +704.29% |
| 2013 | 2013-12-31 | 1.19 | −0.05 | −4.38% |
| 2012 | 2012-12-31 | 1.24 | 0.09 | +7.73% |
| 2011 | 2011-12-31 | 1.15 | 0.24 | +26.54% |
| 2010 | 2010-12-31 | 0.91 | −0.07 | −7.08% |
| 2009 | 2009-12-31 | 0.98 | 0.70 | +250.73% |
| 2008 | 2008-12-31 | 0.28 | — | — |
Kimberly Clark quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.70 | −1.39 | −27.33% |
| Q1 2026 | 2026-03-31 | 3.61 | −2.28 | −38.75% |
| Q4 2025 | 2025-12-31 | 4.84 | −4.50 | −48.20% |
| Q3 2025 | 2025-09-30 | 4.86 | −0.50 | −9.30% |
| Q2 2025 | 2025-06-30 | 5.09 | −1.21 | −19.21% |
| Q1 2025 | 2025-03-31 | 5.89 | −0.97 | −14.18% |
| Q4 2024 | 2024-12-31 | 9.35 | 0.10 | +1.11% |
| Q3 2024 | 2024-09-30 | 5.36 | −5.53 | −50.81% |
| Q2 2024 | 2024-06-30 | 6.30 | −9.59 | −60.36% |
| Q1 2024 | 2024-03-31 | 6.86 | −4.19 | −37.93% |
| Q4 2023 | 2023-12-31 | 9.24 | −5.70 | −38.16% |
| Q3 2023 | 2023-09-30 | 10.89 | −6.57 | −37.63% |
| Q2 2023 | 2023-06-30 | 15.89 | 2.91 | +22.44% |
| Q1 2023 | 2023-03-31 | 11.05 | −0.44 | −3.84% |
| Q4 2022 | 2022-12-31 | 14.95 | −1.50 | −9.14% |
| Q3 2022 | 2022-09-30 | 17.46 | 6.77 | +63.35% |
| Q2 2022 | 2022-06-30 | 12.98 | 2.97 | +29.63% |
| Q1 2022 | 2022-03-31 | 11.49 | 1.37 | +13.57% |
| Q4 2021 | 2021-12-31 | 16.45 | 3.45 | +26.50% |
| Q3 2021 | 2021-09-30 | 10.69 | −2.92 | −21.46% |
| Q2 2021 | 2021-06-30 | 10.01 | −4.58 | −31.37% |
| Q1 2021 | 2021-03-31 | 10.12 | −146.62 | −93.54% |
| Q4 2020 | 2020-12-31 | 13.00 | — | — |
| Q3 2020 | 2020-09-30 | 13.61 | −61.46 | −81.87% |
| Q2 2020 | 2020-06-30 | 14.59 | −127.97 | −89.76% |
| Q1 2020 | 2020-03-31 | 156.74 | — | — |
| Q3 2019 | 2019-09-30 | 75.07 | 23.83 | +46.50% |
| Q2 2019 | 2019-06-30 | 142.56 | 110.28 | +341.62% |
| Q3 2018 | 2018-09-30 | 51.24 | 23.99 | +88.06% |
| Q2 2018 | 2018-06-30 | 32.28 | 20.07 | +164.26% |
| Q1 2018 | 2018-03-31 | 10.96 | 1.19 | +12.21% |
| Q4 2017 | 2017-12-31 | 10.93 | — | — |
| Q3 2017 | 2017-09-30 | 27.25 | 23.22 | +576.09% |
| Q2 2017 | 2017-06-30 | 12.22 | 8.28 | +210.14% |
| Q1 2017 | 2017-03-31 | 9.76 | 0.60 | +6.54% |
| Q3 2016 | 2016-09-30 | 4.03 | −23.01 | −85.09% |
| Q2 2016 | 2016-06-30 | 3.94 | −0.04 | −1.10% |
| Q1 2016 | 2016-03-31 | 9.17 | 0.81 | +9.73% |
| Q3 2015 | 2015-09-30 | 27.04 | 26.86 | +14817.59% |
| Q2 2015 | 2015-06-30 | 3.98 | 3.85 | +3009.23% |
| Q1 2015 | 2015-03-31 | 8.35 | 8.15 | +4105.90% |
| Q4 2014 | 2014-12-31 | 9.54 | 8.36 | +704.29% |
| Q3 2014 | 2014-09-30 | 0.18 | −0.05 | −22.18% |
| Q2 2014 | 2014-06-30 | 0.13 | −0.17 | −56.98% |
| Q1 2014 | 2014-03-31 | 0.20 | −0.21 | −51.08% |
| Q4 2013 | 2013-12-31 | 1.19 | −0.05 | −4.38% |
| Q3 2013 | 2013-09-30 | 0.23 | 0.00 | +1.19% |
| Q2 2013 | 2013-06-30 | 0.30 | 0.19 | +183.01% |
| Q1 2013 | 2013-03-31 | 0.41 | 0.28 | +214.48% |
| Q4 2012 | 2012-12-31 | 1.24 | 0.09 | +7.73% |
| Q3 2012 | 2012-09-30 | 0.23 | 0.08 | +57.26% |
| Q2 2012 | 2012-06-30 | 0.11 | −0.08 | −42.01% |
| Q1 2012 | 2012-03-31 | 0.13 | −0.00 | −2.44% |
| Q4 2011 | 2011-12-31 | 1.15 | 0.24 | +26.54% |
| Q3 2011 | 2011-09-30 | 0.15 | 0.02 | +13.32% |
| Q2 2011 | 2011-06-30 | 0.18 | −0.05 | −21.36% |
| Q1 2011 | 2011-03-31 | 0.13 | −0.05 | −28.67% |
| Q4 2010 | 2010-12-31 | 0.91 | −0.07 | −7.08% |
| Q3 2010 | 2010-09-30 | 0.13 | −0.10 | −44.59% |
| Q2 2010 | 2010-06-30 | 0.23 | 0.15 | +178.09% |
| Q1 2010 | 2010-03-31 | 0.19 | — | — |
| Q4 2009 | 2009-12-31 | 0.98 | 0.70 | +250.73% |
| Q3 2009 | 2009-09-30 | 0.23 | — | — |
| Q2 2009 | 2009-06-30 | 0.08 | — | — |
| Q4 2008 | 2008-12-31 | 0.28 | — | — |
Kimberly Clark debt-to-equity ratio trends
Over the last five fiscal years, Kimberly Clark's debt-to-equity ratio decreased from 13.00 to 4.84, a change of −8.16. The latest reported quarter, Q2 2026, shows 3.70.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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