Campbell’s Co (CPB)
Return on equity (ROE)
| Jul 31, 2025 | Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 602,000 | 567,000 | 567,000 | 858,000 | 858,000 |
| Total stockholders’ equity | US$ in thousands | 3,904,000 | 3,794,000 | 3,794,000 | 3,663,000 | 3,661,000 |
| ROE | 15.42% | 14.94% | 14.94% | 23.42% | 23.44% |
July 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $602,000K ÷ $3,904,000K
= 15.42%
The return on equity (ROE) for Campbell’s Co exhibits notable fluctuations over the specified periods. As of July 30 and July 31, 2023, the ROE was recorded at approximately 23.44% and 23.42%, respectively, indicating a strong and consistent level of profitability relative to shareholders' equity during this period. Moving forward to July 28 and July 31, 2024, the ROE saw a significant decline to approximately 14.94%, reflecting a decrease of nearly 9.5 percentage points from the previous year's levels. This reduction suggests a potential contraction in net profitability or an increase in shareholders’ equity, or a combination of both. By July 31, 2025, the ROE experienced a modest recovery, rising again to approximately 15.42%. Although this indicates some improvement, the figure remains substantially lower than the peak levels observed in 2023. Overall, the trend demonstrates considerable volatility in Campbell’s Co’s profitability relative to its equity base, with the recent figures signaling a downturn from previous high-performance periods and a partial stabilization thereafter.