Income StatementBalance SheetCash FlowSegments
Kimberly-Clark logo

Kimberly-Clark Income Statement

Revenue, expenses, and profitability over time

Kimberly-Clark generated $16.6B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $2.1B with a 12.8% net margin. Gross margin stands at 35.93% and operating margin at 14.94%. Diluted EPS is $6.37, which declined 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$16.6BGross Profit (TTM)$5.9BOperating Income (TTM)$2.5BNet Income (TTM)$2.1BEps Diluted (TTM)$6.37
Latest FilingQ1 2026
Report Date2026-04-28
Market Cap$32.1B
P/E Ratio15.14
ROE146.29%

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Common Stock Dividends Per Share$1.2$1.3$1.3$1.3$1.3$1.3
Comprehensive Income Including Noncontrolling Interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
OCI Attributable to Noncontrolling Interest—$6.0M$9.0M$5.0M$8.0M$7.0M
Dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
OCI - Cash flow hedge, net of tax—-$13.0M———$48.0M
OCI - Defined benefit plan, net of tax-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Other comprehensive income (loss), net of tax$24.0M-$13.0M$224.0M-$11.0M-$292.0M$48.0M
Comprehensive Income Attributable to Parent$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Other Comprehensive Income (Loss)-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Change in Inventories-$2.5M-$17.5M-$17.5M-$17.5M-$17.5M—
Change in Operating Capital-$24.0M$476.0M-$5.0M$208.0M—$116.0M
Finance Lease Principal Paid$4.8M$6.3M$6.3M$6.3M$6.3M—
Effect of Exchange Rate on Cash (Continuing Operations)-$27.0M$17.0M$17.0M-$5.0M$4.0M-$5.0M
Net Change in Cash and Restricted Cash-$90.0M-$458.0M$94.0M-$23.0M—-$142.0M
Net Short-term Borrowings (Maturity < 3 Months)—$45.0M$6.0M$363.0M—$313.0M
Number of Operating Segments—0.500.500.500.502.00
Operating Lease Payments$39.0M$40.0M$40.0M$40.0M$40.0M—
Payments to Acquire Other Productive Assets$209.0M$204.0M$197.0M$340.0M$397.0M$424.0M
Proceeds and Deposits from Asset Sales and Returns of Investment$162.8M$0.0$12.0M$0.0$21.0M$27.0M
ROU Asset Obtained - Finance Lease$5.8M$3.5M$3.5M$3.5M$3.5M—
ROU Asset Obtained - Operating Lease$18.5M$10.0M$10.0M$10.0M$10.0M—
OCI Cash Flow Hedge Gain (Loss)—-$13.0M———$48.0M
Comprehensive Income Including Noncontrolling Interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
OCI Defined Benefit Plan Net of Tax-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Unrealized Gains (Losses) on Hedge Instruments—-$13.0M———$48.0M
Cash flow hedge gain loss to be reclassified within 12 months—-$24.0M-$8.0M$7.0M—-$5.0M
Number of reportable segments—0.500.500.500.502.00
Other comprehensive income (loss), after-tax-$218.0M$131.0M$133.0M$7.0M$51.0M$29.0M
Other investing activities, net-$28.0M$2.0M-$24.0M-$16.0M-$11.0M-$9.0M
Dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Income Taxes Paid, Net$146.8M$124.3M$124.3M$124.3M$124.3M—
OCI - Cash Flow Hedges, Net of Tax—-$13.0M———$48.0M
Comprehensive income (loss), including noncontrolling interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Adjustments to Additional Paid in Capital, Dividends in Excess of Retained Earnings$417.8M$436.0M———$439.0M
Share-based compensation expense related to employee stock plans$21.0M$31.0M$39.0M$41.0M$24.0M$23.0M
Stock options excluded as their inclusion would be anti-dilutive (in shares)$300.0K$1.2M———$2.5M
Capitalized fees—$3.8M$3.8M$3.8M$3.8M—
Bridge fees—$2.0M$2.0M$2.0M$2.0M—
Commitment amount—$1.9B$1.9B$1.9B$1.9B—
Capital Expenditure Discontinued Operations—$25.0M$21.0M$27.0M$45.0M$14.0M
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months—-$24.0M-$8.0M$7.0M—-$5.0M
Dividends declared (in dollars per share)$1.2$1.3$1.3$1.3$1.3$1.3
Other comprehensive income, net of tax-$49.0M$131.0M———-$28.0M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$241.0M$698.0M$636.0M$456.0M$553.0M$697.0M
Less: comprehensive income attributable to noncontrolling interest—$6.0M$9.0M$5.0M$8.0M$7.0M
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Deferred taxes—$7.0M-$37.0M$234.0M$37.0M$36.0M
Depreciation And Amortization Discontinued Operations—$40.0M$28.0M$0.0$0.0$0.0
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount$3.8M-$6.0M-$6.0M-$6.0M-$6.0M—
Other0.1%-0.3%-0.3%-0.3%-0.3%—
Effective Income Tax Rate Reconciliation, FDII, Amount$4.8M$2.5M$2.5M$2.5M$2.5M—
Effective Income Tax Rate Reconciliation, FDII, Percent0.2%0.1%0.1%0.1%0.1%—
Tax effects of the impairment of intangible assets-$2.3M$0.0$0.0$0.0$0.0—
Tax effects of the impairment of intangible assets-0.1%0.0%0.0%0.0%0.0%—
Nigeria worthless stock deduction-$10.0M$0.0$0.0$0.0$0.0—
Changes in unrecognized tax benefits-0.5%-0.0%-0.0%-0.0%-0.0%—
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent0.1%0.1%0.1%0.1%0.1%—
Foreign tax effects$19.5M$10.8M$10.8M$10.8M$10.8M—
Foreign tax effects0.8%0.5%0.5%0.5%0.5%—
Finance Lease, Cost$5.3M$4.5M$4.5M$4.5M$4.5M—
Gain (Loss) on Disposition of Assets$0.0-$10.0M-$26.0M-$6.0M$0.0$19.0M
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent—$464.0M$441.0M$336.0M$380.0M$564.0M
Income (Loss) from Continuing Operations before Equity Method Investments And Extraordinary Loss$494.0M$426.0M———$521.0M
Income from discontinued operations, net of tax—$103.0M$68.0M$110.0M$119.0M$101.0M
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions—$39.0M$11.0M$6.0M—$53.0M
Federal taxes$65.0M$43.8M$43.8M$43.8M$43.8M—
Foreign$69.8M$74.3M$74.3M$74.3M$74.3M—
State taxes$12.0M$6.3M$6.3M$6.3M$6.3M—
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount-$1.8M$13.0M$13.0M$13.0M$13.0M—
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount$127.0M$107.8M$107.8M$107.8M$107.8M—
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount-$8.3M-$3.8M-$3.8M-$3.8M-$3.8M—
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount$7.8M$8.5M$8.5M$8.5M$8.5M—
Changes in unrecognized tax benefits-$13.3M-$500.0K-$500.0K-$500.0K-$500.0K—
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount$1.5M$2.0M$2.0M$2.0M$2.0M—
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount$10.3M$8.3M$8.3M$8.3M$8.3M—
Income Taxes Paid, Net$146.8M$124.3M$124.3M$124.3M$124.3M—
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital-$24.0M$476.0M-$5.0M$208.0M—$116.0M
Add - Incremental shares under stock-based compensation plans (in shares)—$1.5M$1.2M$1.3M—$1.3M
Investments in time deposits$149.0M$99.0M$128.0M$148.0M$72.0M$50.0M
Marketing, research and general expenses$982.5M$882.0M$882.0M$882.0M$882.0M—
Marketing, research and general expenses:$1.1B$941.0M$863.0M$855.0M—$920.0M
Maturities of time deposits$134.0M$186.0M$96.0M$134.0M$136.0M$83.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$686.0M-$683.0M-$500.0M-$388.0M-$608.0M-$527.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$194.0M-$119.0M-$193.0M-$338.0M-$301.0M-$355.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$817.0M$327.0M$770.0M$708.0M$972.0M$745.0M
Net Income Loss Attributable To Noncontrolling Interest$5.0M$6.0M$3.0M$8.0M$11.0M$10.0M
Net income in stockholders' equity$644.0M$573.0M———$674.0M
Number of operating segments—$0.5$0.5$0.5$0.5$2.0
Number of reportable segments—$0.5$0.5$0.5$0.5$2.0
Unrealized gains (losses) on hedge instruments—-$13.0M———$48.0M
Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax$0.0$0.0-$20.0M$0.0$0.0$0.0
Foreign currency translation gains (losses)-$360.0M$148.0M$224.0M-$11.0M$37.0M-$33.0M
Net investment hedges$59.0M-$20.0M-$128.0M$29.0M—$27.0M
Other comprehensive income (loss)-$218.0M$131.0M$133.0M$7.0M$51.0M$29.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Other Noncash Income (Expense)$750.0K$1.0M———-$9.0M
Other income, net (Note 6)-$15.0M-$17.0M-$17.0M-$16.0M-$17.0M-$15.0M
Other income, net$0.0-$23.0M-$1.0M-$17.0M-$3.0M$139.0M
Payment for (Proceeds from) Other Investing Activity-$28.0M$2.0M-$24.0M-$16.0M-$11.0M-$9.0M
Payments for Repurchase of Common Stock$248.0M$61.0M$59.0M$20.0M$1.0M$0.0
Payments of Ordinary Dividends, Common Stock$408.0M$405.0M$419.0M$418.0M$418.0M$418.0M
Payments to Acquire Productive Assets$209.0M$204.0M$197.0M$340.0M$397.0M$424.0M
Financing &#8212; other-$21.0M-$24.0M-$34.0M-$17.0M-$36.0M-$7.0M
Short-term borrowings/(repayments) less than 90 days &#8212; net—$45.0M$6.0M$363.0M—$313.0M
Proceeds from disposition of property, plant and equipment/other$162.8M$0.0$12.0M$0.0$21.0M$27.0M
Cash received from option exercises$8.0M$30.0M$6.0M$4.0M$0.0$0.0
Repayments of Long-Term Debt$0.0$250.0M$0.0$300.0M$0.0$400.0M
Property, plant, and equipment additions—$179.0M$176.0M$313.0M$352.0M$410.0M
Stock-based compensation$21.0M$32.0M$41.0M$42.0M$25.0M$23.0M
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture$5.0M$10.0M-$21.0M-$1.0M-$2.0M-$1.0M
Stockholders' Equity, Other-$62.0M$2.0M-$5.0M$0.0-$9.0M-$1.0M
Supplier Finance Program, Obligation, Period Increase (Decrease)$0.0-$500.0K-$500.0K-$500.0K-$500.0K—
Increase (decrease) in amount of unrecognized tax benefits-$4.3M-$500.0K-$500.0K-$500.0K-$500.0K—
Comprehensive Income (Loss), Total$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Cash Dividends, Common Stock$408.0M$405.0M$419.0M$418.0M$418.0M$418.0M
Comprehensive Income Attributable to Noncontrolling Interests—$6.0M$9.0M$5.0M$8.0M$7.0M
Comprehensive Income, Including Noncontrolling Interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Foreign Currency Translation Adjustment, Net of Tax-$360.0M$148.0M$224.0M-$11.0M$37.0M-$33.0M
OCI Defined Benefit Plan, After Tax-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Other Comprehensive Income (Loss)$241.0M$698.0M$636.0M$456.0M$553.0M$697.0M
OCI Pension Adjustments-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Comprehensive Income Including Noncontrolling Interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Total Comprehensive Income$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Comprehensive Income, Noncontrolling Interest—$6.0M$9.0M$5.0M$8.0M$7.0M
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
OCI Pension Reclassification Adjustment, Pre-tax-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Comprehensive Income$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
OCI Attributable to Parent-$46.0M$80.5M$80.5M$80.5M$80.5M—
OCI Defined Benefit Plan, Net of Tax-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
OCI Net Investment Hedge Before Tax$59.0M-$20.0M-$128.0M$29.0M—$27.0M
Stock Repurchased During Period, Value$248.0M$61.0M$59.0M$20.0M$1.0M$0.0
Stockholders' Equity, Other-$62.0M$2.0M-$5.0M$0.0-$9.0M-$1.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net$0.0-$23.0M-$1.0M-$17.0M-$3.0M$139.0M
Stock-Based Compensation Expense$21.0M$32.0M$41.0M$42.0M$25.0M$23.0M
Advertising$296.0M$255.0M$255.0M$255.0M$255.0M—
Share-Based Compensation Expense$21.0M$32.0M$41.0M$42.0M$25.0M$23.0M
Stock-based compensation expense$5.0M$10.0M-$21.0M-$1.0M-$2.0M-$1.0M
Compensation and benefits$21.0M$32.0M$41.0M$42.0M$25.0M$23.0M
Depreciation and amortization$217.0M$218.0M$222.0M$176.0M$189.0M$193.0M
Goodwill written off on sale of business$5.3M—————
Pension and postretirement benefit expense—$3.0M$6.0M$8.0M—-$3.0M
Other Segment Items-$15.0M-$17.0M-$17.0M-$16.0M-$17.0M-$15.0M
Stock-based compensation expense$21.0M$32.0M$41.0M$42.0M$25.0M$23.0M
Defined Contribution Plan Expense$44.5M$35.8M$35.8M$35.8M$35.8M—
Finance Lease ROU Asset Amortization$3.5M$3.8M$3.8M$3.8M$3.8M—
Other operating income (expense), net$0.0-$23.0M-$1.0M-$17.0M-$3.0M$139.0M
Other operating expenses$0.0-$23.0M-$1.0M-$17.0M-$3.0M$139.0M
Share-Based Compensation Expense$5.0M$10.0M-$21.0M-$1.0M-$2.0M-$1.0M
Share-Based Compensation$21.0M$32.0M$41.0M$42.0M$25.0M$23.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income$0.0-$23.0M-$1.0M-$17.0M-$3.0M$139.0M
Other operating income (expense), net$0.0-$23.0M-$1.0M-$17.0M-$3.0M$139.0M
Gross profit$1.4B$1.5B$1.5B$1.5B$1.5B$1.5B
Operating income$282.0M$631.0M$592.0M$621.0M$507.0M$753.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Basic earnings per share from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Diluted earnings per share from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Common Stock Dividends Per Share (Declared)$1.2$1.3$1.3$1.3$1.3$1.3
Basic EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
Diluted EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Diluted EPS from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Diluted EPS from discontinued operations$0.3$0.3$0.2$0.3$0.4$0.3
Basic earnings per share$1.34$1.71$1.53$1.34$1.50$2.00
Basic EPS from continuing operations$1.03$1.40$1.33$1.01$1.14$1.70
Basic EPS from discontinued operations$0.31$0.31$0.20$0.33$0.36$0.30
Diluted earnings per share$1.34$1.70$1.53$1.34$1.50$2.00
Continuing operations (in dollars per share)$1.0$1.4$1.3$1.0$1.1$1.7
Continuing operations (in dollars per share)$1.0$1.4$1.3$1.0$1.1$1.7
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Common stock dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Basic EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
Diluted EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
Dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Antidilutive Securities Excluded from EPS300K1.2M———2.5M
Diluted EPS from discontinued operations$0.31$0.31$0.20$0.33$0.36$0.30
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Basic EPS from Discontinued Operations$0.3$0.3$0.2$0.3$0.4$0.3
Diluted EPS from Discontinued Operations$0.3$0.3$0.2$0.3$0.4$0.3
Basic EPS from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Diluted EPS from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Dividends per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Diluted EPS from Continuing Operations$1.0$1.4$1.3$1.0$1.1$1.7
Dividends per share declared$1.22$1.26$1.26$1.26$1.26$1.28
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
EPS from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Discontinued operations per basic share$0.3$0.3$0.2$0.3$0.4$0.3
Discontinued operations per diluted share$0.3$0.3$0.2$0.3$0.4$0.3
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Common stock dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Basic EPS from continuing operations$1.0$1.4$1.3$1.0$1.1$1.7
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Common Stock Dividends Per Share Declared$1.2$1.3$1.3$1.3$1.3$1.3
Common stock dividends per share declared$1.2$1.3$1.3$1.3$1.3$1.3
Weighted-average shares, basic—331.8M332.1M331.8M—331.9M
Weighted-average shares, diluted—333.3M333.3M333.1M—333.2M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)$750.0K$1.0M———-$9.0M
Other non-cash income (expense)$750.0K$1.0M———-$9.0M
Income from equity method investments$44.0M$44.0M$47.0M$46.0M$59.0M$53.0M
Gain (loss) on disposal of assets$0.0-$10.0M-$26.0M-$6.0M$0.0$19.0M
Other Charges-$15.0M-$17.0M-$17.0M-$16.0M-$17.0M-$15.0M
Retirement Related Income (Expense)—$3.0M$6.0M$8.0M—-$3.0M
Interest expense$64.0M$64.0M$67.0M$65.0M$60.0M$58.0M
Interest income$11.0M$7.0M$5.0M$6.0M$6.0M$5.0M
Net Change in Cash Flow Hedges—-$13.0M———$48.0M
OCI Defined Benefit Plans-$12.0M$4.0M$5.0M-$13.0M-$12.0M-$14.0M
Other Non-Cash Income (Expense)$750.0K$1.0M———-$9.0M
Other Non-cash Income (Expense)$750.0K$1.0M———-$9.0M
Other Non-Cash Income (Expense)$750.0K$1.0M———-$9.0M
Interest expense on finance leases$750.0K$750.0K$750.0K$750.0K$750.0K—

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes$146.8M$124.3M$124.3M$124.3M$124.3M—
Tax Reconciliation: Research and Other Credits0.4%0.4%0.4%0.4%0.4%—
Tax Reconciliation, Valuation Allowance Change-$1.8M$13.0M$13.0M$13.0M$13.0M—
Income Taxes Paid, Net$146.8M$124.3M$124.3M$124.3M$124.3M—
Income tax expense$11.0M$131.0M$116.0M$248.0M$104.0M$164.0M
Current Federal Tax Expense$60.8M$29.3M$29.3M$29.3M$29.3M—
Current Foreign Tax Expense$75.3M$56.5M$56.5M$56.5M$56.5M—
Current State and Local Tax Expense$14.8M$10.5M$10.5M$10.5M$10.5M—
Deferred Federal Tax Expense-$2.8M$60.3M$60.3M$60.3M$60.3M—
Deferred Foreign Tax Expense-$2.3M-$7.0M-$7.0M-$7.0M-$7.0M—
Deferred Income Tax Expense (Benefit)—$7.0M-$37.0M$234.0M$37.0M$36.0M
Deferred State and Local Tax Expense-$4.5M$250.0K$250.0K$250.0K$250.0K—
Income Taxes Paid, Net$146.8M$124.3M$124.3M$124.3M$124.3M—
Tax Reconciliation: Enacted Rate Change$0.0$29.8M$29.8M$29.8M$29.8M—
Tax Reconciliation: Nondeductible Expenses$4.5M$3.0M$3.0M$3.0M$3.0M—
Tax Reconciliation: Other Adjustments-$8.3M-$3.8M-$3.8M-$3.8M-$3.8M—
Change in Tax Valuation Allowance-$1.8M$13.0M$13.0M$13.0M$13.0M—

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Dividends Declared (Per Share)$1.2$1.3$1.3$1.3$1.3$1.3
Comprehensive income (loss), including noncontrolling interest$234.0M$704.0M$645.0M$461.0M$561.0M$704.0M
Common Stock Dividends$408.0M$405.0M$419.0M$418.0M$418.0M$418.0M
Cash Dividends, Common Stock$378.0M$436.0M$418.0M$418.0M$388.0M$418.0M
Income from discontinued operations$103.0M$103.0M$68.0M$110.0M$119.0M$101.0M
Net income attributable to noncontrolling interests$5.0M$6.0M$3.0M$8.0M$11.0M$10.0M
Dividends Paid to Minority Interest$16.0M$18.0M$0.0$0.0$14.0M$15.0M
Net income$447.0M$567.0M$509.0M$446.0M$499.0M$665.0M
Income from continuing operations$349.0M$470.0M$444.0M$344.0M$391.0M$574.0M
Income from Continuing Operations Attributable to Common Shareowners$1.0$1.4$1.3$1.0$1.1$1.7
Common Stock Dividends$408.0M$405.0M$419.0M$418.0M$418.0M$418.0M
Distributions to Noncontrolling Interest Holders$16.0M$18.0M$0.0$0.0$14.0M$15.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes—$557.0M$513.0M$546.0M$436.0M$685.0M
Income Before Tax, Domestic$590.3M$435.8M$435.8M$435.8M$435.8M—
Income Before Tax, Foreign$141.5M$77.3M$77.3M$77.3M$77.3M—

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$2.1B$2.5B$2.7B$2.7B$2.6B$2.6B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$4.1B$4.1B$4.2B$4.2B$4.1B$4.2B