Kimberly Clark (KMB) risk factors, FY2024 10-K

Kimberly Clark's FY2024 10-K, filed Feb 13, 2025, lists 18 risk factors. There is no earlier 10-K to compare against, so the most company-specific risks are listed below.

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Risk factors listed
180 groups
Section length
5k wordsItem 1A

Kimberly Clark's biggest risks in the FY2024 10-K

  • International operations account for about half of net sales, with manufacturing facilities in 30 countries and significant exposure to emerging markets.

The risks most specific to Kimberly Clark

  • Significant increases in prices for raw materials, energy, transportation or other necessary supplies or services, without corresponding increases in our selling prices, could adversely affect our financial results

    Rising costs and availability issues for raw materials like pulp and petroleum-based materials can hurt financial results if selling prices cannot be increased.

  • Our international operations are subject to foreign market risks, including changes in foreign currency exchange rates, currency restrictions and political, social and economic instability, which may adversely affect our financial results

    About half of net sales come from outside the U.S. across 30 manufacturing countries, exposing results to foreign currency, economic, and political instability.

  • There is no guarantee that our ongoing efforts to reduce costs will be successful

    The March 2024 Transformation Initiative aims to reduce structural costs and streamline the global supply chain, with no guarantee of success.

  • Our operations in Russia and the surrounding region are impacted by the war in Ukraine

    The war between Russia and Ukraine impacts operations in the region, where essential items like baby diapers and feminine pads continue to be manufactured.

  • Intense competition for sales of our products, changes in consumer purchasing patterns and the inability to innovate or market our products effectively could have an adverse effect on our financial results

    Intense competition against well-known brands, private-label goods, and e-commerce channels pressures sales and market share.

  • Increasing dependence on key retailers and the emergence of new sales channels may adversely affect our business

    Retail consolidation and growing e-tailers increase dependence on key large-format retail customers.

All 18 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01Significant increases in prices for raw materials, energy, transportation or other necessary supplies or services, without corresponding increases in our selling prices, could adversely affect our financial results
  2. 02Failure of key technology systems, cyberattacks, privacy breaches or data breaches could have a material adverse effect on our business, financial condition, results of operations and reputation
  3. 03KIMBERLY-CLARK CORPORATION - 2024 Annual Report
  4. 04Our international operations are subject to foreign market risks, including changes in foreign currency exchange rates, currency restrictions and political, social and economic instability, which may adversely affect our financial results
  5. 05There is no guarantee that our ongoing efforts to reduce costs will be successful
  6. 06Our operations in Russia and the surrounding region are impacted by the war in Ukraine
  7. 07Damage to the reputation of Kimberly-Clark or to one or more of our brands could adversely affect our business
  8. 08Disruption in our supply chain or our manufacturing or distribution operations could adversely affect our business
  9. 09We face various risks related to health epidemics, pandemics and similar outbreaks, which may have material adverse effects on our business, financial position, results of operations and cash flows
  10. 10We may acquire or divest product lines or businesses, which could impact our results
  11. 11Disruptions in the credit markets or changes to our credit ratings may adversely affect our business
  12. 12Climate change and other sustainability matters may adversely affect our business and operations
  13. 13Our inability to attract and retain key personnel could adversely impact our business
  14. 14Intense competition for sales of our products, changes in consumer purchasing patterns and the inability to innovate or market our products effectively could have an adverse effect on our financial results
  15. 15implement tax and other policies that favor their domestic manufacturers at the expense of international manufacturers, including our company. These actions could have a significant negative effect on our pricing, market share and operating results in these markets
  16. 16Increasing dependence on key retailers and the emergence of new sales channels may adversely affect our business
  17. 17Government regulations and enforcement, and potential litigation, could have an adverse effect on our financial results
  18. 18New or revised tax regulations could have an adverse effect on our financial results

Other Kimberly Clark 10-Ks

  • FY2025 10-K risk factors
    29 risks14 new3 dropped3 reworded

    The risk profile is dominated by the pending merger with Kenvue, adding numerous transaction-related risks.

    Filed Feb 12, 2026

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.