---
title: Kimberly-Clark (KMB) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/kmb
ticker: KMB
as_of: 2026-10-17
sector: Consumer Defensive
industry: Household & Personal Products
---
# Kimberly-Clark (KMB)

Kimberly-Clark (KMB) closed at $105.57 on Oct 16, 2026, undervalued by 11% vs its model value of $118.94 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $105.57 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $118.94 |
| Price vs model | undervalued by 11% vs model |
| Range of that model | $64.47 – $324.23 |
| Market value | $35.1B |
| P/E (fiscal 2025) | 17.4 |
| Net margin (fiscal 2025) | 11.7% |
| Free cash flow (fiscal 2025) | $1.6B |
| Dividend yield (trailing twelve months) | 4.83% |
| Beta | 0.28 |
| Cost of capital (WACC) | 6.61% |
| Business classification | Dividend Payer (Revenue declining (~-10% recent), Moderate margins (12% net margin), Strong dividend yield, Highly cyclical earnings, High leverage (D/E 4.8x)) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest dividend yield | #27 | 4.83% | https://sweetvaluelab.com/lists/highest-dividend-yield |
| Dividend growth streaks | #19 | 40+ years | https://sweetvaluelab.com/lists/dividend-growth-streaks |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 4.83% |
| Dividends per share, last 12 months | $5.10 |
| Dividends / free cash flow (fiscal 2025) | 101.3% |
| Raised | 40+ years in a row |
| Growth over 5 years | 2.6% a year |
| Latest payment | $1.28, ex-date Sep 4, 2026, paid Oct 2, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 9, 2021 | $4.49 |
| To Sep 8, 2022 | $4.62 |
| To Sep 7, 2023 | $4.70 |
| To Sep 6, 2024 | $4.84 |
| To Sep 5, 2025 | $5.00 |
| Trailing twelve months (to Sep 4, 2026) | $5.10 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $118.94 | $64.47 | $324.23 |
| DCF · Perpetuity growth · 10y | cross check | $116.69 | $65.98 | $309.79 |
| DCF · EBITDA exit · 5y | cross check | $102.71 | $64.46 | $147.98 |
| DCF · EBITDA exit · 10y | cross check | $104.95 | $66.69 | $156.48 |
| P/E · peers | cross check | $194.53 | $102.46 | $210.11 |
| P/E · own history | cross check | $149.21 | $118.54 | $165.89 |
| PEG | sanity check | $91.18 | $91.18 | $91.18 |
| EV/EBITDA · peers | cross check | $134.59 | $73.63 | $176.19 |
| EV/Revenue · peers | cross check | $117.82 | $48.53 | $190.12 |
| Earnings power value | cross check | $52.01 | $38.78 | $73.00 |
| Dividend discount | cross check | $116.88 | $75.16 | $222.65 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Jul 31, 2026 | Corsi Patricia | Chief Growth Officer | Option/RSU exercise | 966 | $0 |
| Jul 31, 2026 | Corsi Patricia | Chief Growth Officer | Tax withholding | 404 | $44,161.2 |
| Jul 31, 2026 | Corsi Patricia | Chief Growth Officer | Option/RSU exercise | 966 | $0 |
| Jul 31, 2026 | Slavtcheff Craig | Chief R&D Officer | Tax withholding | 534 | $58,371.5 |
| Jul 31, 2026 | Slavtcheff Craig | Chief R&D Officer | Option/RSU exercise | 1,255 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 15, 2026 | 8-K | 2.02 Results of Operations (Earnings); 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/55785/000110465926115960/tm2627599d1_8k.htm |
| Oct 13, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/55785/000110465926115239/tm2627373d1_8k.htm |
| Oct 1, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers | https://www.sec.gov/Archives/edgar/data/55785/000110465926112571/tm2626685d1_8k.htm |
| Sep 28, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/55785/000110465926111354/tm2625576d1_8k.htm |
| Aug 4, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/55785/000162828026052348/kmb-20260630.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 150,116 | $16.5M |
| Mairs & Power | 2026-06-30 | 9,556 | $1.0M |

2 tracked managers in all.

## About

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care products in the United States. It operates in two segments, North America and International Personal Care. The North America segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers, and other related products under the Huggies, Pull-Ups, Goodnites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall , and other brand names. Its International Personal Care segment provides baby and child care, adult care and feminine care, including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Hu…

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Source: https://sweetvaluelab.com/stocks/kmb (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.
