What is Kimberly Clark Corp worth?
With the base-case assumptions below, a discounted cash flow model on Kimberly Clark Corp's reported free cash flow gives $39.82 per share. The share price was $98.43 on September 25, 2026, 147% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -8.0% | 10.0% | $18.99 | -81% |
| Base | -3.0% | 9.0% | $39.82 | -60% |
| Bull | 2.0% | 8.0% | $78.70 | -20% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $53.92 | $58.09 | $63.20 | $69.58 | $77.79 |
| 8.0% | $43.50 | $46.20 | $49.41 | $53.25 | $57.94 |
| 9.0% | $35.84 | $37.69 | $39.82 | $42.32 | $45.27 |
| 10.0% | $29.96 | $31.28 | $32.77 | $34.48 | $36.45 |
| 11.0% | $25.31 | $26.28 | $27.36 | $28.57 | $29.95 |
Where the presets come from
Base: years 1 to 5 grow at Kimberly Clark Corp's revenue growth rate over the last 5 fiscal years (-3.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions