Campbell Soup Company Common Stock (CPB)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 567,000 | 739,000 | 766,000 | 795,000 | 858,000 | 785,000 | 813,000 | 793,000 | 757,000 | 949,000 | 921,000 | 954,000 | 1,002,000 | 800,000 | 808,000 | 1,771,000 | 1,628,000 | 1,534,000 | 1,450,000 | 183,000 |
| Total stockholders’ equity | US$ in thousands | 3,794,000 | 3,913,000 | 3,849,000 | 3,755,000 | 3,661,000 | 3,586,000 | 3,599,000 | 3,467,000 | 3,331,000 | 3,393,000 | 3,350,000 | 3,235,000 | 3,152,000 | 2,993,000 | 2,922,000 | 2,769,000 | 2,563,000 | 2,575,000 | 2,494,000 | 1,239,000 |
| ROE | 14.94% | 18.89% | 19.90% | 21.17% | 23.44% | 21.89% | 22.59% | 22.87% | 22.73% | 27.97% | 27.49% | 29.49% | 31.79% | 26.73% | 27.65% | 63.96% | 63.52% | 59.57% | 58.14% | 14.77% |
July 28, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $567,000K ÷ $3,794,000K
= 14.94%
Campbell Soup Company Common Stock has shown a fluctuating trend in its return on equity (ROE) over the past several quarters. The ROE has ranged from a low of 14.77% to a high of 63.96%.
The ROE experienced a significant increase from the 3rd quarter of 2022 to the 2nd quarter of 2023, reaching a peak of 31.79%. This indicates that the company was generating a higher level of net income relative to its shareholders' equity during this period.
However, the ROE declined in the subsequent quarters, reaching a low of 14.94% in the 1st quarter of 2024. It then gradually increased to 19.90% in the 3rd quarter of 2024.
Overall, the ROE of Campbell Soup Company Common Stock has demonstrated some volatility, with fluctuations in profitability and efficiency in generating returns for shareholders. Further analysis of the company's financial performance and factors influencing the ROE would be needed to provide a more in-depth assessment.
Peer comparison
Jul 28, 2024