vs

Side-by-side financial comparison of Kimberly-Clark (KMB) and Williams Companies (WMB). Click either name above to swap in a different company.

Kimberly-Clark is the larger business by last-quarter revenue ($4.2B vs $3.8B, roughly 1.1× Williams Companies). Williams Companies runs the higher net margin — 19.1% vs 16.2%, a 2.9% gap on every dollar of revenue. On growth, Williams Companies posted the faster year-over-year revenue change (12.7% vs 2.7%). Over the past eight quarters, Williams Companies's revenue compounded faster (7.3% CAGR vs -9.0%).

Kimberly-Clark Corporation is an American multinational consumer goods and personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes and Huggies disposable diapers and baby wipes.

The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.

KMB vs WMB — Head-to-Head

Bigger by revenue
KMB
KMB
1.1× larger
KMB
$4.2B
$3.8B
WMB
Growing faster (revenue YoY)
WMB
WMB
+10.0% gap
WMB
12.7%
2.7%
KMB
Higher net margin
WMB
WMB
2.9% more per $
WMB
19.1%
16.2%
KMB
Faster 2-yr revenue CAGR
WMB
WMB
Annualised
WMB
7.3%
-9.0%
KMB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KMB
KMB
WMB
WMB
Revenue
$4.2B
$3.8B
Net Profit
$675.0M
$734.0M
Gross Margin
36.8%
Operating Margin
18.1%
27.3%
Net Margin
16.2%
19.1%
Revenue YoY
2.7%
12.7%
Net Profit YoY
17.3%
51.0%
EPS (diluted)
$2.00
$0.60

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KMB
KMB
WMB
WMB
Q1 26
$4.2B
Q4 25
$3.3B
$3.8B
Q3 25
$4.2B
$3.5B
Q2 25
$4.2B
$3.4B
Q1 25
$4.8B
$4.2B
Q4 24
$4.9B
$3.4B
Q3 24
$5.0B
$3.0B
Q2 24
$5.0B
$2.8B
Net Profit
KMB
KMB
WMB
WMB
Q1 26
$675.0M
Q4 25
$499.0M
$734.0M
Q3 25
$446.0M
$647.0M
Q2 25
$509.0M
$546.0M
Q1 25
$567.0M
$691.0M
Q4 24
$447.0M
$486.0M
Q3 24
$907.0M
$706.0M
Q2 24
$544.0M
$401.0M
Gross Margin
KMB
KMB
WMB
WMB
Q1 26
36.8%
Q4 25
37.7%
Q3 25
36.0%
Q2 25
35.0%
Q1 25
35.8%
Q4 24
34.0%
Q3 24
36.0%
Q2 24
36.0%
Operating Margin
KMB
KMB
WMB
WMB
Q1 26
18.1%
Q4 25
11.2%
27.3%
Q3 25
15.0%
31.8%
Q2 25
14.2%
28.0%
Q1 25
15.9%
26.1%
Q4 24
11.1%
23.2%
Q3 24
23.3%
27.6%
Q2 24
13.0%
24.4%
Net Margin
KMB
KMB
WMB
WMB
Q1 26
16.2%
Q4 25
15.1%
19.1%
Q3 25
10.7%
18.5%
Q2 25
12.2%
16.2%
Q1 25
11.7%
16.5%
Q4 24
9.1%
14.2%
Q3 24
18.3%
23.3%
Q2 24
10.8%
14.1%
EPS (diluted)
KMB
KMB
WMB
WMB
Q1 26
$2.00
Q4 25
$1.50
$0.60
Q3 25
$1.34
$0.53
Q2 25
$1.53
$0.45
Q1 25
$1.70
$0.56
Q4 24
$1.34
$0.39
Q3 24
$2.69
$0.58
Q2 24
$1.61
$0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KMB
KMB
WMB
WMB
Cash + ST InvestmentsLiquidity on hand
$542.0K
Total DebtLower is stronger
$6.5M
$27.3B
Stockholders' EquityBook value
$1.9M
$12.8B
Total Assets
$17.2M
$58.6B
Debt / EquityLower = less leverage
3.38×
2.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KMB
KMB
WMB
WMB
Q1 26
$542.0K
Q4 25
$688.0M
Q3 25
$617.0M
Q2 25
$634.0M
Q1 25
$563.0M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.2B
Total Debt
KMB
KMB
WMB
WMB
Q1 26
$6.5M
Q4 25
$6.5B
$27.3B
Q3 25
$6.5B
$25.6B
Q2 25
$6.5B
$25.6B
Q1 25
$6.5B
$24.1B
Q4 24
$6.9B
$24.7B
Q3 24
$6.9B
$24.8B
Q2 24
$7.2B
$24.1B
Stockholders' Equity
KMB
KMB
WMB
WMB
Q1 26
$1.9M
Q4 25
$1.5B
$12.8B
Q3 25
$1.3B
$12.5B
Q2 25
$1.3B
$12.4B
Q1 25
$1.1B
$12.5B
Q4 24
$840.0M
$12.4B
Q3 24
$1.3B
$12.4B
Q2 24
$1.1B
$12.3B
Total Assets
KMB
KMB
WMB
WMB
Q1 26
$17.2M
Q4 25
$17.1B
$58.6B
Q3 25
$16.9B
$55.7B
Q2 25
$16.8B
$56.1B
Q1 25
$16.3B
$54.9B
Q4 24
$16.5B
$54.5B
Q3 24
$17.2B
$53.8B
Q2 24
$17.3B
$52.4B
Debt / Equity
KMB
KMB
WMB
WMB
Q1 26
3.38×
Q4 25
4.31×
2.13×
Q3 25
4.86×
2.04×
Q2 25
5.09×
2.06×
Q1 25
5.89×
1.93×
Q4 24
8.18×
1.99×
Q3 24
5.36×
2.00×
Q2 24
6.30×
1.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KMB
KMB
WMB
WMB
Operating Cash FlowLast quarter
$1.6B
Free Cash FlowOCF − Capex
$-379.0M
FCF MarginFCF / Revenue
-9.9%
Capex IntensityCapex / Revenue
50.9%
Cash ConversionOCF / Net Profit
2.15×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KMB
KMB
WMB
WMB
Q1 26
Q4 25
$972.0M
$1.6B
Q3 25
$708.0M
$1.4B
Q2 25
$770.0M
$1.4B
Q1 25
$327.0M
$1.4B
Q4 24
$817.0M
$1.2B
Q3 24
$958.0M
$1.2B
Q2 24
$1.0B
$1.3B
Free Cash Flow
KMB
KMB
WMB
WMB
Q1 26
Q4 25
$575.0M
$-379.0M
Q3 25
$368.0M
$485.0M
Q2 25
$573.0M
$478.0M
Q1 25
$123.0M
$421.0M
Q4 24
$608.0M
$450.0M
Q3 24
$798.0M
$561.0M
Q2 24
$863.0M
$700.0M
FCF Margin
KMB
KMB
WMB
WMB
Q1 26
Q4 25
17.5%
-9.9%
Q3 25
8.9%
13.9%
Q2 25
13.8%
14.2%
Q1 25
2.5%
10.1%
Q4 24
12.3%
13.2%
Q3 24
16.1%
18.5%
Q2 24
17.2%
24.6%
Capex Intensity
KMB
KMB
WMB
WMB
Q1 26
Q4 25
12.1%
50.9%
Q3 25
8.2%
27.3%
Q2 25
4.7%
28.8%
Q1 25
4.2%
24.2%
Q4 24
4.2%
22.5%
Q3 24
3.2%
22.5%
Q2 24
3.1%
20.3%
Cash Conversion
KMB
KMB
WMB
WMB
Q1 26
Q4 25
1.95×
2.15×
Q3 25
1.59×
2.22×
Q2 25
1.51×
2.66×
Q1 25
0.58×
2.07×
Q4 24
1.83×
2.51×
Q3 24
1.06×
1.76×
Q2 24
1.88×
3.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KMB
KMB

NA$2.7B64%
IPC$1.5B36%

WMB
WMB

Services$2.2B57%
Natural Gas Us Regulated$740.0M19%
West$730.0M19%
Non Regulated Service Commodity Consideration$51.0M1%
Natural Gas Gathering Transportation Marketing And Processing$45.0M1%
Affiliated Entity$23.0M1%
Other$14.0M0%
Other Service$11.0M0%

Related Comparisons