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Kimberly-Clark KMB Supplier Finance Program Obligations

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Other financials

Income statement

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Revenue$4.2B+0.6%
Gross profit$1.6B+10.1%
Operating income$633.0M+6.9%
Net income$345.0M-32.2%
EPS (diluted)$1.04-32.0%

Balance sheet

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Cash & equivalents$956.0M+50.8%
Total debt$6.5B-10.0%
Total equity$1.9B+47.4%
Total assets$18.6B+10.6%

Cash flow

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Operating cash flow$908.0M+17.9%
CapEx$352.0M+78.7%
Free cash flow$556.0M-3.0%

Valuation

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Market cap$37.37B-17.6%
Enterprise value$42.93B-17.4%
P/E19.1×+0.5×
P/S2.3×-0.5×

Profitability

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Gross margin36.8%+0.5pp
Operating margin15.2%-1.0pp
Net margin11.8%-3.0pp
FCF margin11%-1.8pp

Returns & leverage

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Return on equity124.3%-77.6pp
Debt / equity3.5×-2.2×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Kimberly-Clark in its filing.

Tagged under the XBRL concept us-gaap:SupplierFinanceProgramObligation.

The source filing: Kimberly-Clark’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 12:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-027800

We have a supplier finance program managed through two global financial institutions under which we agree to pay the financial institutions the stated amount of confirmed invoices from our participating suppliers on the invoice due date. We, or the global financial institutions, may terminate our agreements at any time upon 30 days written notice. The global financial institutions may terminate our agreements at any time upon three days written notice in the event there are insufficient funds available for disbursement. We do not provide any forms of guarantees under these agreements. Supplier participation in the program is solely up to the supplier, and the participating suppliers negotiate their arrangements directly with the global financial institutions. We have no economic interest in a supplier’s decision to participate in the program, and their participation has no bearing on our payment terms or amounts due. The payment terms that we have with our suppliers under this program generally range from 75 to 180 days and are considered commercially reasonable. The outstanding amount related to the suppliers participating in this program was $1.0 billion and $1.1 billion as of March 31, 2026 and December 31, 2025, of which $185 and $184, respectively, are reported as discontinued operations. Amounts are recorded within Trade accounts payable and Current liabilities of discontinued operations.

Item 1. Financial Statements

FAQ

What is Kimberly-Clark's supplier finance program obligations?
Kimberly-Clark (KMB) reported supplier finance program obligations of 100,000,000,000% in Q1 2026.
How has Kimberly-Clark's supplier finance program obligations changed year-over-year?
Kimberly-Clark's supplier finance program obligations decreased by 0.0% year-over-year, from 100,000,000,000% to 100,000,000,000%.
What is the long-term trend for Kimberly-Clark's supplier finance program obligations?
Over 3 years (2022 to 2025), Kimberly-Clark's supplier finance program obligations has grown at a 3.2% compound annual growth rate (CAGR), from 100,000,000,000% to 110,000,000,000%.
What does supplier finance program obligations mean?
This represents the outstanding balance of trade payables that have been sold to a financial institution under a reverse factoring arrangement. It reflects the company's use of third-party financing to extend payment terms with suppliers, effectively shifting trade debt to financial debt. Investors monitor this to assess the true underlying liquidity and working capital health of the firm.

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