Corporate and Other — Operating Profit
Kimberly-Clark Corporate and Other — Operating Profit decreased by 40.1% to -$318.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 148.4%, from -$128.00M to -$318.00M. Over 2 years (FY 2021 to FY 2023), Corporate and Other — Operating Profit shows a downward trend with a 41.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A smaller loss or higher profit indicates better control over corporate overhead and administrative efficiency.
Detailed definition
Reflects the operating income or loss associated with corporate overhead, unallocated expenses, and non-core business ac...
Peer comparison
Comparable to 'Corporate Unallocated Expenses' or 'Corporate Operating Loss' found in the segment reporting of large-cap manufacturers.
kmb_segment_corporate_and_other_operating_profitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$134.00M | -$150.00M | -$173.00M | -$102.00M | -$106.00M | -$90.00M | -$114.00M | -$84.00M | -$801.00M | -$128.00M | -$105.00M | -$151.00M | -$227.00M | -$318.00M |
| QoQ Change | — | -11.9% | -15.3% | +41.0% | -3.9% | +15.1% | -26.7% | +26.3% | -853.6% | +84.0% | +18.0% | -43.8% | -50.3% | -40.1% |
| YoY Change | — | — | — | — | +20.9% | +40.0% | +34.1% | +17.6% | -655.7% | -42.2% | +7.9% | -79.8% | +71.7% | -148.4% |
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Frequently Asked Questions
- What is Kimberly-Clark's corporate and other — operating profit?
- Kimberly-Clark (KMB) reported corporate and other — operating profit of -$318.00M in Q3 2024.
- How has Kimberly-Clark's corporate and other — operating profit changed year-over-year?
- Kimberly-Clark's corporate and other — operating profit decreased by 148.4% year-over-year, from -$128.00M to -$318.00M.
- What is the long-term trend for Kimberly-Clark's corporate and other — operating profit?
- Over 2 years (2021 to 2023), Kimberly-Clark's corporate and other — operating profit has grown at a 41.4% compound annual growth rate (CAGR), from -$559.00M to -$1.12B.
- What does corporate and other — operating profit mean?
- The profit or loss resulting from central corporate overhead and non-core business operations.