Campbell Soup Company Common Stock (CPB)
Net profit margin
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 567,000 | 567,000 | 858,000 | 858,000 | 757,000 |
| Revenue | US$ in thousands | 9,636,000 | 9,636,000 | 9,357,000 | 9,357,000 | 8,562,000 |
| Net profit margin | 5.88% | 5.88% | 9.17% | 9.17% | 8.84% |
July 31, 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 shown fluctuations over the past few years. In July 2022, the net profit margin was 8.84%, indicating that the company retained $0.0884 in earnings for every dollar of revenue generated. By July 2023, the net profit margin improved slightly to 9.17%, reflecting a more efficient management of expenses relative to revenue. However, this metric remained constant at 9.17% in the subsequent period ending July 31, 2023.
A notable decline occurred in the net profit margin by July 28, 2024, dropping to 5.88%. This reduction suggests a decrease in profitability, with the company keeping $0.0588 in earnings for every dollar of revenue. The trend persisted into the following year, with the net profit margin remaining at 5.88% as of July 31, 2024. The dip in profitability may prompt further analysis to identify factors impacting the company's bottom line and assess strategies to enhance profitability in the future.
Peer comparison
Jul 31, 2024