Campbell Soup Company Common Stock (CPB)
Return on total capital
| Jul 31, 2024 | Jul 28, 2024 | Jul 31, 2023 | Jul 30, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,000,000 | 1,006,000 | 1,312,000 | 1,316,000 | 1,163,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,794,000 | 3,794,000 | 3,663,000 | 3,661,000 | 3,331,000 |
| Return on total capital | 26.36% | 26.52% | 35.82% | 35.95% | 34.91% |
July 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,000,000K ÷ ($—K + $3,794,000K)
= 26.36%
The return on total capital for Campbell Soup Company Common Stock has shown a generally positive trend over the years, starting at 34.91% in July 2022 and increasing to 35.95% by July 2023. However, there was a slight decrease in the return on total capital to 35.82% in the following year. In the most recent periods, the return on total capital decreased further to 26.52% in July 2024 and 26.36% in the same month. Despite the recent declines, the return on total capital remains relatively high, indicating efficient utilization of both equity and debt to generate returns for the company. Further analysis of the company's operations and capital structure may provide insights into the factors influencing these fluctuations.
Peer comparison
Jul 31, 2024