Campbell’s Co (CPB)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 602,000 | 454,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 3,904,000 | 3,870,000 | 3,910,000 | 3,842,000 | 3,794,000 | 3,794,000 | 3,913,000 | 3,913,000 | 3,849,000 | 3,849,000 | 3,755,000 | 3,755,000 | 3,663,000 | 3,661,000 | 3,588,000 | 3,599,000 | 3,599,000 | 3,467,000 | 3,467,000 | 3,331,000 |
| ROE | 15.42% | 11.73% | 9.85% | 8.98% | 6.85% | 12.28% | 17.17% | 19.75% | 22.71% | 21.82% | 21.46% | 19.49% | 19.93% | 21.66% | 25.67% | 29.40% | 25.62% | 25.32% | 22.18% | 20.53% |
July 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $602,000K ÷ $3,904,000K
= 15.42%
The analysis of Campbell’s Co. return on equity (ROE) over the specified period reveals notable fluctuations and trends. Starting from a ROE of approximately 20.53% on July 31, 2022, the metric experienced a steady increase, reaching a peak of around 29.40% on January 31, 2023. This upward movement indicates improved profitability relative to shareholders’ equity during this timeframe.
Subsequently, the ROE declined somewhat but remained relatively strong, with a notable figure of 25.67% on April 30, 2023, before decreasing further to approximately 19.93% on July 31, 2023, and down to 19.49% on October 29, 2023. These declines suggest a reduction in the company's efficiency in generating profit from shareholders’ equity, possibly influenced by operational, market, or strategic factors.
From late 2023 onwards, the ROE shows a downward trend continuing into early 2024, with values dropping to as low as 6.85% on July 31, 2024. This significant decrease points to substantial challenges in maintaining previous levels of profitability and could reflect deteriorating financial performance, increased costs, or operational headwinds.
However, the data indicates some signs of recovery post-July 2024, with the ROE rising from its trough to approximately 9.85% on January 31, 2025, and further increasing to 15.42% by July 31, 2025. This recovery phase suggests that the company may be implementing corrective measures or experiencing improvements in profitability and efficiency.
Overall, the trend in Campbell’s Co. ROE demonstrates initial growth, followed by a period of decline, and subsequently, a gradual recovery. The significant variation underscores the importance of examining underlying factors affecting profitability, such as operational efficiency, cost structures, strategic initiatives, and market conditions, to better understand the drivers behind these fluctuations.