Campbell Soup Company Common Stock (CPB)
Pretax margin
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 757,000 | 757,000 | 1,128,000 | 1,128,000 | 975,000 |
| Revenue | US$ in thousands | 9,636,000 | 9,636,000 | 9,357,000 | 9,357,000 | 8,562,000 |
| Pretax margin | 7.86% | 7.86% | 12.06% | 12.06% | 11.39% |
July 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $757,000K ÷ $9,636,000K
= 7.86%
The pretax margin of Campbell Soup Company Common Stock has fluctuated over the past few years, indicating varying levels of profitability before taxes. In July 2022, the pretax margin was 11.39%, which then increased slightly to 12.06% in both July 2023 and July 30, 2023. However, there was a noticeable decline in profitability in July 28, 2024, as the pretax margin dropped to 7.86%. This decline was sustained in July 31, 2024, where the pretax margin remained at 7.86%. It is essential for investors to monitor this metric closely to assess the company's operational efficiency and financial health.
Peer comparison
Jul 31, 2024