Campbell Soup Company Common Stock (CPB)
Return on assets (ROA)
| 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 | May 1, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 800,000 | 873,000 |
| Total assets | US$ in thousands | 15,910,000 | 16,112,000 | 15,235,000 | 15,235,000 | 15,243,000 | 15,243,000 | 12,106,000 | 12,106,000 | 12,257,000 | 12,257,000 | 12,058,000 | 12,058,000 | 12,073,000 | 11,967,000 | 11,967,000 | 12,177,000 | 12,177,000 | 11,892,000 | 11,847,000 | 11,847,000 |
| ROA | 2.42% | 2.14% | 1.71% | 3.06% | 4.41% | 5.07% | 7.22% | 6.94% | 6.58% | 5.97% | 6.05% | 6.58% | 7.63% | 8.84% | 7.70% | 7.21% | 6.32% | 5.75% | 6.75% | 7.37% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $385,000K ÷ $15,910,000K
= 2.42%
The return on assets (ROA) for Campbell Soup Company Common Stock has shown fluctuations over the periods in question. The ROA ranged from a high of 8.84% on January 31, 2023, to a low of 1.71% on July 31, 2024. Generally, the ROA has been relatively stable, hovering around the 6-7% range in most periods.
The ROA ratio measures the company's ability to generate profit from its assets. A higher ROA indicates that the company is more efficient in utilizing its assets to generate profit. Conversely, a lower ROA may signal inefficiencies in asset utilization.
Investors and analysts closely monitor changes in ROA as it provides insights into the company's profitability and efficiency in asset management. Campbell Soup Company Common Stock's ROA trends suggest that the company has been maintaining a moderate level of profitability relative to its asset base, with some variability in performance across the reporting periods. Further analysis and comparison with industry benchmarks may provide additional context for evaluating the company's financial performance.
Peer comparison
Jan 31, 2025