Campbell Soup Company Common Stock (CPB)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,006,000 | 1,202,000 | 1,205,000 | 1,238,000 | 1,316,000 | 1,212,000 | 1,252,000 | 1,225,000 | 1,164,000 | 1,405,000 | 1,376,000 | 1,455,000 | 1,540,000 | 1,297,000 | 1,306,000 | 2,294,000 | 2,147,000 | 2,060,000 | 1,991,000 | 691,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 26.52% | 30.72% | 31.31% | 32.97% | 35.95% | 33.80% | 34.79% | 35.33% | 34.94% | 41.41% | 41.07% | 44.98% | 48.86% | 43.33% | 44.70% | 82.85% | 83.77% | 80.00% | 79.83% | 55.77% |
July 28, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,006,000K ÷ ($—K + $3,794,000K)
= 26.52%
The return on total capital for Campbell Soup Company Common Stock has exhibited fluctuations over the past several quarters. The ratio has ranged from a low of 26.52% to a high of 83.77%.
Overall, the return on total capital has generally been strong, with the company consistently generating returns above 30%. The highest returns were observed in the most recent quarters, with figures exceeding 40%.
This suggests that Campbell Soup Company has been effectively utilizing its capital to generate profits for its shareholders. However, the varying levels of return indicate that the company's performance may be influenced by factors such as changes in market conditions, operational efficiency, or strategic decisions.
Investors and stakeholders may view the company favorably for its ability to generate attractive returns on the total capital employed. Monitoring this ratio over time can provide insights into the company's financial performance and effectiveness in utilizing its resources to create value.
Peer comparison
Jul 28, 2024