Campbell Soup Company Common Stock (CPB)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,910,000 | 3,842,000 | 3,794,000 | 3,794,000 | 3,913,000 | 3,913,000 | 3,849,000 | 3,849,000 | 3,757,000 | 3,755,000 | 3,663,000 | 3,661,000 | 3,588,000 | 3,601,000 | 3,599,000 | 3,467,000 | 3,467,000 | 3,333,000 | 3,393,000 | 3,393,000 |
| ROE | 9.85% | 8.98% | 6.85% | 12.28% | 17.17% | 19.75% | 22.71% | 21.82% | 21.45% | 19.49% | 19.93% | 21.66% | 25.67% | 29.38% | 25.62% | 25.32% | 22.18% | 20.52% | 23.58% | 25.73% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $385,000K ÷ $3,910,000K
= 9.85%
The return on equity (ROE) of Campbell Soup Company Common Stock has shown some fluctuations over the period from April 2022 to January 2025.
The ROE was relatively stable around the range of 20-25% during the initial period from April 2022 to January 2023, indicating that the company was efficiently utilizing its equity to generate profits for shareholders.
However, from July 2023 onwards, there was a declining trend in ROE, dropping to around 20% in October 2023 and further declining to around 17% in April 2024. This decline suggests that the company's ability to generate profits from its equity investment weakened during this period.
The trend continued with a significant drop in ROE to 6.85% in July 2024, indicating a substantial decrease in the profitability relative to shareholders' equity. This low ROE may raise concerns about the company's profitability and efficiency in utilizing its equity.
The ROE slightly improved to 9.85% in January 2025, but it still remained significantly lower compared to the levels observed earlier in the analyzed period.
Overall, the fluctuating trend in Campbell Soup Company Common Stock's ROE suggests a potential need for further analysis to understand the factors contributing to the changes in profitability and efficiency in utilizing equity.
Peer comparison
Jan 31, 2025