Campbell’s Co (CPB)

Net profit margin

Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Jul 28, 2024 Apr 30, 2024 Apr 28, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022 Oct 30, 2022 Jul 31, 2022
Net income (ttm) US$ in thousands 602,000 454,000 385,000 345,000 260,000 466,000 672,000 773,000 874,000 840,000 806,000 732,000 730,000 793,000 921,000 1,058,000 922,000 878,000 769,000 684,000
Revenue (ttm) US$ in thousands 10,253,000 10,225,000 10,043,000 9,727,000 9,324,000 9,487,000 9,650,000 9,799,000 9,948,000 9,560,000 9,172,000 8,883,000 8,850,000 9,267,000 9,774,000 10,120,000 9,622,000 9,267,000 8,822,000 8,456,000
Net profit margin 5.87% 4.44% 3.83% 3.55% 2.79% 4.91% 6.96% 7.89% 8.79% 8.79% 8.79% 8.24% 8.25% 8.56% 9.42% 10.45% 9.58% 9.47% 8.72% 8.09%

July 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $602,000K ÷ $10,253,000K
= 5.87%

The net profit margin for Campbell’s Co has exhibited notable fluctuations over the analyzed period. Starting at 8.09% on July 31, 2022, it increased steadily, reaching a peak of 10.45% on January 31, 2023. This upward trend suggests improving profitability relative to revenue during this interval. However, subsequent periods display variability, with margins decreasing to 8.56% by July 30, 2023, and further declining marginally to around 8.24% on October 29, 2023.

From late 2023 onward, a downward trend becomes apparent, with the margin falling sharply to 2.79% on July 31, 2024, and dropping further to 0.83% by October 31, 2024. The figures for early 2025 indicate a modest recovery, with margins rising to approximately 3.83% on January 31, 2025, and continuing to improve slightly thereafter. Despite this partial rebound, the net profit margin remains relatively low compared to the earlier highs, reflecting increased challenges in maintaining overall profitability.

Overall, the data indicates periods of growth interspersed with significant declines, resulting in a pattern of volatility in Campbell’s Co’s net profit margins. This pattern suggests that the company's profitability is subject to fluctuations possibly driven by market conditions, operational efficiencies, or cost management effectiveness.