HIGHOutside partySupplier
sole-source and single-source suppliers
“10-K Item 1A: 'We have a complex network of suppliers, including a number of sole-source and single-source suppliers for certain commodities and raw material inputs.'”
KMB · Concentration risk · 10-K extracted
Kimberly-Clark (KMB) concentration risks
Updated
The most significant concentration Kimberly-Clark discloses is sole-source and single-source suppliers, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Kimberly-Clark’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
markets outside the U.S.
“10-K Item 1A: 'About half of our net sales come from markets outside the U.S.'”
LOWOutside partyCustomer
16%
Walmart Inc.
“10-K Item 1: 'Our largest customer, Walmart Inc., represented approximately 16% in 2025 and 2024 and 15% in 2023 of our net sales from continuing operations.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile pairs a high-share supplier dependency with a moderate geographic revenue exposure and a low-share customer relationship. The most material disclosed risk is on the supply side: the company has a complex network of suppliers, including a number of sole-source and single-source suppliers for certain commodities and raw material inputs, a large share by disclosed size and dependency in character. Single-source and sole-source arrangements create operational vulnerability because any disruption at such a vendor — whether from capacity constraints, financial distress, or logistics failure — cannot be readily substituted, and commodity inputs affect production costs across the full product range. The international revenue exposure adds a structural dimension: about half of net sales come from markets outside the United States, a moderate share by disclosed size. This reflects where the company's consumer tissue, personal care, and professional product demand is globally distributed; the risk channels are currency translation, local regulatory dynamics, and regional economic conditions rather than reliance on specific overseas counterparties. The largest customer, Walmart Inc., represented approximately 16% of net sales from continuing operations in 2025, a low share by disclosed size. At that level, the Walmart relationship is commercially important but not of a scale that would reshape the earnings trajectory if it deteriorated. Taken together, the supply-chain dependency on sole-source and single-source inputs is the primary idiosyncratic risk, while the international revenue exposure and Walmart customer share are well-understood structural and commercial features of the business.
For the engine’s reasoning on KMB’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Household & Personal Products
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CHD | Church & Dwight Company, Inc. | 3 | 2 | 1 | 6 |
| CLX | Clorox Company (The) | 2 | 3 | 0 | 5 |
| KMB● | Kimberly-Clark Corporation | 1 | 1 | 1 | 3 |
| COTY | Coty Inc. | 1 | 1 | 0 | 2 |
| CL | Colgate-Palmolive Company | 0 | 2 | 1 | 3 |
| EL | Estee Lauder Companies, Inc. (T | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.