Filing Flows

Filing Flows › Companies › Kimberly Clark › Cash flow

Kimberly Clark cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$492M in Q3 2026 · $1.9B over twelve months

Operating cash flow$755M
Capital spending−$263M
Free cash flow+$492M
Cash / net income0.4×
Cash conversion cycle-20 days

Analysis

In Q3 2026, Kimberly Clark generated $755M of operating cash flow and spent $263M on capital projects, leaving free cash flow of $492M. That is $124M more than in Q3 2025 ($368M).

Over the twelve months to Sep 30, 2026, operating cash flow was $3.4B; the largest uses were dividends ($1.7B), capital spending ($1.4B), other financing ($81.0M); besides operations, cash came from net borrowing (+) / repaid (−) ($516M), asset & business sales ($466M); the cash balance rose by $1.2B.

Operating cash flow was $755M against net income of $1.8B — 0.4× profit, less cash than reported earnings, worth checking against working capital. The largest differences: gains on disposals −$1.5B, depreciation & amortization +$184M, deferred taxes −$94.0M.

Its cash conversion cycle was -20 days (receivables 43 + inventory 53 − payables 116): suppliers fund its working capital.

Free cash flow

Kimberly Clark: free cash flow by quarterKimberly Clark: free cash flow by quarter$608MQ4 2024$123MQ1 2025$573MQ2 2025$368MQ3 2025$575MQ4 2025$321MQ1 2026$556MQ2 2026$492MQ3 2026
Operating cash flow less capital spending.
Kimberly Clark: operating cash flow against capital spendingKimberly Clark: operating cash flow against capital spendingOperating cash flowCapital spending$817M$209MQ4 2024$327M$204MQ1 2025$770M$197MQ2 2025$708M$340MQ3 2025$972M$397MQ4 2025$745M$424MQ1 2026$908M$352MQ2 2026$755M$263MQ3 2026
Latest (Q3 2026): Operating cash flow $755M, Capital spending $263M.

Capital allocation, year by year

Kimberly Clark: where the cash came from (up) and went (down), by fiscal yearKimberly Clark: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $2.7BFY2021: Net borrowing $226MFY2021: Shares issued $65.0MFY2021: Asset sales $43.0MFY2021: Capital spending −$1.0BFY2021: Buybacks −$400MFY2021: Dividends −$1.5B$3.1BFY2021FY2022: Operating cash flow $2.7BFY2022: Net borrowing −$51.0MFY2022: Shares issued $94.0MFY2022: Asset sales $12.0MFY2022: Capital spending −$876MFY2022: Acquisitions −$46.0MFY2022: Buybacks −$100MFY2022: Dividends −$1.6B$2.8BFY2022FY2023: Operating cash flow $3.5BFY2023: Net borrowing −$483MFY2023: Shares issued $97.0MFY2023: Asset sales $245MFY2023: Capital spending −$766MFY2023: Buybacks −$225MFY2023: Dividends −$1.6B$3.9BFY2023FY2024: Operating cash flow $3.2BFY2024: Net borrowing −$554MFY2024: Shares issued $136MFY2024: Asset sales $651MFY2024: Capital spending −$721MFY2024: Buybacks −$1.0BFY2024: Dividends −$1.6B$4.0BFY2024FY2025: Operating cash flow $2.8BFY2025: Net borrowing −$275MFY2025: Shares issued $40.0MFY2025: Asset sales $33.0MFY2025: Capital spending −$1.1BFY2025: Buybacks −$141MFY2025: Dividends −$1.7B$2.9BFY2025
Over these 5 years operating cash flow totalled $15.0B; the largest uses were dividends ($8.0B) and capital spending ($4.5B). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$1.9B
Debt$6.9B
Net debt$5.0B
Due within a year$412M

Kimberly Clark funds itself: free cash flow was $1.9B over the last twelve months, and $1.9B of cash and investments stands against $6.9B of debt ($412M due within a year, 4.5× covered by cash).

Where the cash came from and went

Kimberly Clark: sources (+) and uses (−) of cash, Q3 2026Kimberly Clark: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$755MCash drawn (+) / kept (−)−$511MDividends−$425MAsset & business sales$417MCapital spending−$263MOther investing$59.0MNet borrowing (+) / repaid (−)−$22.0MExchange rates−$6.0MOther financing−$4.0M
Kimberly Clark: sources (+) and uses (−) of cash, TTM to Q3 2026Kimberly Clark: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$3.4BDividends−$1.7BCapital spending−$1.4BCash drawn (+) / kept (−)−$1.2BNet borrowing (+) / repaid (−)$516MAsset & business sales$466MOther investing$117MOther financing−$81.0MPartners−$29.0MExchange rates−$6.0MBuybacks−$1.0M

From profit to cash

Kimberly Clark: net income to operating cash flow, Q3 2026Kimberly Clark: net income to operating cash flow, Q3 2026Net income$1.8BDepreciation & amortization$184MStock-based pay$42.0MDeferred taxes−$94.0MGains on disposals−$1.5BOther non-cash−$17.0MOperating cash flow$755M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 20264353116-20
Q2 20264253116-21
Q1 20264251114-21
Q4 20254453116-20
Q3 20254454112-14
Q2 20254658115-11
Q1 20254359121-19
Q4 20244459119-17

Every quarter

QuarterOperating cash flowCapital spendingBuybacksDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q3 2026$755M−$263M—−$425M−$22.0M—−$511M$492M
Q2 2026$908M−$352M—−$425M−$565M—−$804M$556M
Q1 2026$745M−$424M—−$418M−$87.0M—$142M$321M
Q4 2025$972M−$397M−$1.0M−$418M−$139M—−$67.0M$575M
Q3 2025$708M−$340M−$20.0M−$418M$63.0M$4.0M$23.0M$368M
Q2 2025$770M−$197M−$59.0M−$419M$6.0M$6.0M−$94.0M$573M
Q1 2025$327M−$204M−$61.0M−$405M−$205M$30.0M$458M$123M
Q4 2024$817M−$209M−$248M−$408M−$1.0M$8.0M$90.0M$608M

Kimberly Clark: income statement and cash flow

Kimberly Clark, Q3 2026: revenue $4.1B (-0.4% year over year), operating margin 12.5%. The chart follows the revenue to costs, profit and cash.

Kimberly Clark: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.