
Depend is owned by Kimberly-Clark Corporation (NASDAQ: KMB), which introduced the brand nationally in 1984 after a 1983 test market as Conform. Depend makes adult absorbent products — underwear, briefs, guards, and underpads — and holds roughly half the US adult incontinence market. Parent net sales were $16.4 billion in FY2025.
Parent Company
Founded
1984
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Depend | Kimberly-Clark Corporation | Wholly owned |
Kimberly-Clark developed its adult incontinence line in the early 1980s, applying Huggies diaper technology to an underserved adult market. The products debuted as liners under the Conform name in Green Bay, Wisconsin, in 1983, with the Depend brand and shields added for national rollout in 1984. Fitted briefs for heavy incontinence arrived in 1985.
The brand pioneered the retail incontinence category in the US — previously the segment was institution-oriented with little consumer framing. Depend introduced the Absorb-Lock gel core in 1988, added pull-up style disposable underwear in 1998, and progressively made products look and fit more like ordinary underwear.
Over four decades Depend became the dominant US adult incontinence brand, holding roughly half the market, and remains Kimberly-Clark's principal adult-care franchise alongside the women's bladder-protection line Poise.
What does Kimberly-Clark own?
Kimberly-Clark owns Kleenex, Huggies, Scott, Cottonelle, Viva, Pull-Ups, GoodNites, Depend, and Poise. Upon completion of the Kenvue acquisition, the portfolio will also include Tylenol, Listerine, Band-Aid, Neutrogena, Aveeno, Zyrtec, and Johnson's. The international tissue business, including Andrex and Kimberly-Clark Professional outside North America, will transfer to the Suzano JV in mid-2026.
Is Kimberly-Clark publicly traded?
Yes. Kimberly-Clark trades on NASDAQ under the ticker KMB. The company is a component of the S&P 500 index and a Dividend Aristocrat with 50+ consecutive years of dividend increases.
Is Kimberly-Clark acquiring Kenvue?
Yes. On November 2, 2025, Kimberly-Clark announced a definitive merger agreement to acquire Kenvue for approximately $48.7 billion in cash and stock. Shareholders of both companies approved the transaction on January 29, 2026. The HSR waiting period expired on February 4, 2026. The transaction is closed on November 2, 2026. The combined company would generate approximately $32 billion in annual revenue.
What is Kimberly-Clark's revenue?
Kimberly-Clark reported FY2025 net sales of $16.4 billion, down 2.1% from the prior year due to the PPE divestiture and private label diaper exit. Organic sales grew 1.7%. Adjusted EPS was $7.53, up 3.2%. For 2026, the company expects organic sales growth in line to ahead of approximately 2% market growth.
Who owns Kleenex?
Kleenex is owned by Kimberly-Clark Corporation. The brand was introduced in 1924 and has become one of the most recognized facial tissue brands globally, with the brand name genericized in many countries. Following the Suzano JV closing, Kleenex will be licensed to the joint venture for international use while remaining a Kimberly-Clark brand in North America.
Who owns Huggies diapers?
Huggies is owned by Kimberly-Clark Corporation. The brand was launched in 1978 and competes directly with P&G's Pampers as one of the two dominant diaper brands in the United States.
What is the Kimberly-Clark Suzano joint venture?
The Kimberly-Clark Suzano joint venture is a $3.4 billion transaction announced on June 5, 2025, under which Suzano, the Brazilian pulp producer, will acquire a 51% interest in Kimberly-Clark's international tissue and professional business. Kimberly-Clark will retain 49%. The JV includes 22 manufacturing facilities in 14 countries and approximately 9,000 employees. The transaction closed on November 2, 2026.
Who is the CEO of Kimberly-Clark?
Mike Hsu serves as Chairman and CEO of Kimberly-Clark. He has led the company since 2019 and is the architect of the Powering Care transformation strategy, which includes the Kenvue acquisition and the IFP Suzano JV.
Depend products fall under Kimberly-Clark's sustainability and fiber-sourcing programs. As a disposable line they share the category's waste profile; the brand's social contribution is destigmatizing incontinence and enabling mobility for users.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Kimberly Clark | USA | 1992 | Mass market | United states | Womens |
Market Positioning: Depend competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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