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Correlation Analysis

Kimberly-Clark Corp. vs Exxon Mobil Corporation

KMB vs XOM

-0.402

Moderate inverse

When one moves up, the other tends to move down.

KMB logo

Kimberly-Clark Corp.

KMB

With more than half of its sales from personal care and another third from consumer tissue products, Kimberly-Clark is a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates in the professional segment, partnering with businesses to provide workplace safety and sanitation solutions. Kimberly-Clark generates just over half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America. It is slated to add Kenvue's consumer health portfolio to its mix in the second half of calendar year 2026.

Market cap 32.2B · 36,000 employees

XOM logo

Exxon Mobil Corporation

XOM

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2024, reserves were 19.9 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.3 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.

Market cap 680.7B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockEnergy

Time Series

Relative Performance

Green: KMBGray: XOM36 of 1,254 points (sampled)

Who Moves First

KMB leads XOM by 6 days

KMB tends to move before XOM.

After testing 13 timing shifts, the strongest relationship was -0.402 (they moved in opposite directions).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

+0.097

6 periods · Return correlation when both series rose

Both Falling

+0.411

5 periods · Return correlation when both series fell

Diverging

-0.590

24 periods · Return correlation when series moved apart

R-Squared

16.2%

Share of variance in one series explained by the other.

Trend Agreement

52.3%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [-0.448, -0.355]

Scatter

XY Regression

88.790100110120130140150151.545.26080100120140160172.7Kimberly-Clark Corp.Exxon Mobil CorporationData pointsFit (r = -0.402)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

KMB logo

Kimberly-Clark Corp.

KMB

Market cap 32.2B · 36,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

XOM logo

Exxon Mobil Corporation

XOM

Market cap 680.7B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

43

Estimated crossover points between normalized spreads.

Slope

-0.8314

Linear regression slope.

Intercept

209.0340

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 9 hours ago · ID: stock-kmb-vs-stock-xom-daily