KMB · 8-K · 20261105PR070514

Income Tax Rate Changes

KIMBERLY CLARK CORP · 2026-11-05 · Importance 51 · Surprise 64

The third-quarter effective tax rate was 20.2%, compared with 45.4% in the prior-year quarter; the adjusted rate was 19.5%, versus 26.5%. The company attributed the year-over-year rate change mainly to prior-year transitory impacts from the One Big Beautiful Bill Act and current-year benefits from certain tax initiatives. For the first nine months, the reported effective tax rate declined to 27.5% from 30.6%, while the adjusted rate was 22.3% compared with 22.6%. Nine-month IFP reorganization activities resulted in $104 million of net tax charges.

Key facts

• Kimberly-Clark's Q3 2026 effective tax rate was 20.2%, compared with 45.4% in the prior year; the adjusted rates were 19.5% and 26.5%, respectively. source
• Kimberly-Clark's first-nine-month 2026 effective tax rate was 27.5%, versus 30.6% in the prior year; adjusted rates were 22.3% and 22.6%, respectively. source
• Kimberly-Clark said the year-over-year Q3 tax-rate impact was driven primarily by prior-year transitory OBBBA impacts and current-year benefits from certain tax initiatives. source