Campbell’s Co (CPB)

Operating 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
Operating income (ttm) US$ in thousands 1,124,000 1,154,000 1,070,000 1,306,000 1,187,000 1,520,000 1,760,000 1,870,000 1,980,000 1,620,000 1,575,000 1,156,000 1,148,000 1,226,000 1,390,000 1,572,000 1,392,000 1,336,000 1,194,000 1,081,000
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
Operating profit margin 10.96% 11.29% 10.65% 13.43% 12.73% 16.02% 18.24% 19.08% 19.90% 16.95% 17.17% 13.01% 12.97% 13.23% 14.22% 15.53% 14.47% 14.42% 13.53% 12.78%

July 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,124,000K ÷ $10,253,000K
= 10.96%

Campbell’s Co operating profit margin exhibits notable fluctuations over the analyzed period, reflecting varying trends in operational efficiency and cost management.

From July 31, 2022, to October 31, 2022, the operating profit margin shows a gradual upward trajectory, rising from 12.78% to 14.42%. This indicates an improvement in operational profitability, likely attributable to enhanced revenue generation or cost controls during this period.

Between October 31, 2022, and January 31, 2023, the margin continues to increase slightly, reaching a peak of 15.53%. This trend suggests sustained operational efficiency gains or favorable market conditions contributing to higher profit margins.

However, starting from the April 30, 2023, figure of 14.22%, there is a noticeable fluctuation. The margin declines to 13.23% by July 30, 2023, signaling potential challenges such as increased operational costs or competitive pressures affecting profitability.

The margin then recovers sharply in late 2023, reaching a peak of 19.90% as of January 31, 2024. This significant increase indicates a period of exceptionally strong operational performance or strategic advantages enhancing profitability margins.

Subsequently, the margin demonstrates a declining trend, decreasing to 12.73% by July 31, 2024, before partially rebounding to 13.43% in October 2024. These variations suggest cyclical shifts in operational efficiency, possibly due to market dynamics or internal cost structures.

Looking forward, the operating profit margin shows a downward trend, declining from 10.65% in January 2025 to 10.96% in July 2025. This indicates a potential stabilization at lower profitability levels, raising considerations regarding sustained operational pressures or competitive environment factors impacting margins.

Overall, Campbell’s Co operating profit margin over the period reflects episodes of improvement interspersed with periods of decline, highlighting the company's susceptibility to internal operational factors and external market conditions that influence its profitability margins.