Campbell Soup Company Common Stock (CPB)
Net profit margin
| Jul 28, 2024 | Jul 30, 2023 | Jul 31, 2022 | Aug 1, 2021 | Aug 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 567,000 | 858,000 | 757,000 | 1,002,000 | 1,628,000 |
| Revenue | US$ in thousands | 9,636,000 | 9,357,000 | 8,562,000 | 8,476,000 | 8,691,000 |
| Net profit margin | 5.88% | 9.17% | 8.84% | 11.82% | 18.73% |
July 28, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $567,000K ÷ $9,636,000K
= 5.88%
The net profit margin of Campbell Soup Company Common Stock has exhibited a general declining trend over the past five years, as seen from the data provided. The net profit margin decreased from 18.73% in 2020 to 5.88% in 2024, indicating a significant reduction in profitability during this period. This decline suggests that the company's ability to generate profit relative to its revenue has weakened over time.
A lower net profit margin can be a result of various factors such as increased expenses, pricing pressures, or a decrease in revenue growth. It is important for investors to closely monitor the company's financial performance and consider the reasons behind this downward trend in the net profit margin. Additional analysis of the company's financial statements and operations may provide further insights into the factors influencing its profitability.
Peer comparison
Jul 28, 2024