Campbell Soup Company Common Stock (CPB)
Pretax margin
| Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 757,000 | 988,000 | 1,014,000 | 1,048,000 | 1,128,000 | 1,028,000 | 1,064,000 | 1,036,000 | 975,000 | 1,214,000 | 1,183,000 | 1,253,000 | 1,330,000 | 1,073,000 | 1,080,000 | 1,974,000 | 1,802,000 | 1,691,000 | 1,588,000 | 346,000 |
| Revenue (ttm) | US$ in thousands | 9,636,000 | 9,411,000 | 9,271,000 | 9,300,000 | 9,357,000 | 9,276,000 | 9,177,000 | 8,901,000 | 8,562,000 | 8,448,000 | 8,302,000 | 8,372,000 | 8,476,000 | 8,711,000 | 8,965,000 | 8,848,000 | 8,691,000 | 8,363,000 | 8,078,000 | 8,088,000 |
| Pretax margin | 7.86% | 10.50% | 10.94% | 11.27% | 12.06% | 11.08% | 11.59% | 11.64% | 11.39% | 14.37% | 14.25% | 14.97% | 15.69% | 12.32% | 12.05% | 22.31% | 20.73% | 20.22% | 19.66% | 4.28% |
July 28, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $757,000K ÷ $9,636,000K
= 7.86%
The pretax margin of Campbell Soup Company Common Stock has exhibited some fluctuations over the past several quarters. The pretax margin, which is a measure of a company's operating efficiency and profitability before accounting for taxes, was 7.86% in the most recent quarter and ranged from 4.28% to 22.31% over the previous quarters.
The company's pretax margin has shown a general downward trend in recent periods, decreasing from 22.31% in the first quarter of 2021 to 7.86% in the most recent quarter. This decline may indicate challenges or inefficiencies in the company's operations impacting its profitability.
It is important for investors and analysts to monitor changes in the pretax margin to assess the company's ability to generate profits from its operations. A declining pretax margin may raise concerns about the company's cost management or revenue generation strategies, while an increasing pretax margin may indicate improving operational efficiency.
Overall, the pretax margin trend for Campbell Soup Company Common Stock suggests potential changes in the company's financial performance and warrants further investigation into the factors driving the fluctuations.
Peer comparison
Jul 28, 2024