KMB · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

KIMBERLY CLARK CORP · 2026-08-04 · Importance 45 · Surprise 64

The reported effective tax rate increased to 37.9% from 22.6% in the second quarter and to 30.3% from 23.1% for the first six months of 2026. The higher tax rate reduced second-quarter continuing-operations income to $410 million from $444 million despite improved operating profit. The increase primarily reflected the absence of benefits from resolving certain tax matters in the first half of 2025. Adjusted effective tax rates were 21.1% for the quarter and 23.6% year to date, compared with 20.9% and 20.8% in the prior-year periods.

Key facts

• The effective tax rate for the three and six months ended June 30, 2026 was 37.9% and 30.3%, respectively, and the adjusted effective tax rate was 21.1% and 23.6%, respectively. source