Here are the 10-K annual reports from Kimberly-Clark Corp. (KMB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow KMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KMB filings page.
Kimberly-Clark describes a year of major strategic change, highlighted by a pending acquisition of Kenvue, Inc., a global consumer health company. Each Kenvue share is expected to be exchanged for 0.14625 Kimberly-Clark shares plus $3.50 in cash, with approximately 280 million new shares to be issued and about $6.7 billion of cash consideration funded by cash, new debt and proceeds from a separate transaction.
The company also plans an International Family Care and Professional joint venture with Suzano, under which Suzano will buy 51% of the business for about $1.7 billion, and Kimberly-Clark will retain 49%. That business is now reported as discontinued operations, and ongoing activities are organized into North America and International Personal Care segments.
Management launched a 2024 Transformation Initiative to create a more agile operating model, sharpen growth focus and improve margins through innovation, supply chain optimization and organizational changes. The filing details extensive risk factors, including raw material and energy volatility, cybersecurity threats, foreign exchange and geopolitical exposures, climate and sustainability pressures, higher post‑merger leverage and the possibility the Kenvue deal may be delayed or not close.