Campbell Soup Company
NASDAQ:CPB · NASDAQ Global Select
-$0.08 today
Vol 46.49M · Avg 8.60M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:CPB · Revenue to Net Income
Key Ratios
Analysis
$9.9B of revenue converted into $608.0M of net income for the selected period. Gross margin is 28.8% and net margin is 6.1%, showing how much revenue survives after costs and taxes. EPS is $2.03, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.3B +6.4% | $9.6B +3.0% | $9.4B +9.3% | $8.6B +1.0% | $8.5B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $7.1B +7.0% | $6.7B +3.5% | $6.4B +8.5% | $5.9B +4.8% | $5.7B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $3.1B +5.0% | $3.0B +1.9% | $2.9B +11.0% | $2.6B -6.5% | $2.8B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 30.4% -0.4pp | 30.8% -0.3pp | 31.2% +0.5pp | 30.7% -2.5pp | 33.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $100.0M -2.0% | $102.0M +10.9% | $92.0M +5.7% | $87.0M +3.6% | $84.0M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $1.6B +1.8% | $1.6B +7.2% | $1.5B +8.4% | $1.4B -4.5% | $1.4B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.8B +1.2% | $1.7B +8.7% | $1.6B +8.5% | $1.5B -4.0% | $1.5B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $434.0M +5.6% | $411.0M +6.2% | $387.0M +14.8% | $337.0M +6.3% | $317.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.6B +11.2% | $1.4B -16.8% | $1.7B +13.5% | $1.5B -19.4% | $1.9B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 15.4% +0.7pp | 14.7% -3.5pp | 18.2% +0.7pp | 17.5% -4.4pp | 22.0% | 5.6% | 46.3% | 42.0% |
| Operating Income | $1.4B +10.4% | $1.2B -6.6% | $1.3B +14.3% | $1.1B -9.6% | $1.3B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 13.2% +0.5pp | 12.7% -1.3pp | 14.0% +0.6pp | 13.4% -1.6pp | 15.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $17.0M +183.3% | $6.0M +50.0% | $4.0M +300.0% | $1.0M +0.0% | $1.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $345.0M +38.6% | $249.0M +32.4% | $188.0M -0.5% | $189.0M -10.0% | $210.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$557.0M -18.8% | -$469.0M -154.9% | -$184.0M -6.4% | -$173.0M -362.1% | $66.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $796.0M +5.2% | $757.0M -32.9% | $1.1B +15.7% | $975.0M -27.0% | $1.3B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 7.8% -0.1pp | 7.9% -4.2pp | 12.1% +0.7pp | 11.4% -4.4pp | 15.8% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $194.0M +2.1% | $190.0M -29.6% | $270.0M +23.9% | $218.0M -33.5% | $328.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $602.0M +6.2% | $567.0M -33.9% | $858.0M +13.3% | $757.0M -24.5% | $1.0B | $4.9B | $4.8B | $4.7B |
| Net Margin | 5.9% -0.0pp | 5.9% -3.3pp | 9.2% +0.3pp | 8.8% -3.0pp | 11.8% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +6.3% | $2 -33.8% | $3 +14.3% | $3 -24.2% | $3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +6.3% | $2 -33.7% | $3 +13.5% | $3 -23.7% | $3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $298.0M -0.7% | $300.0M +0.3% | $299.0M -0.7% | $301.0M -0.7% | $303.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $300.0M +0.0% | $300.0M -0.3% | $301.0M -0.3% | $302.0M -1.0% | $305.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Hormel Foods Corporation
NYSE:HRL
$13.36B
The J. M. Smucker Company
NYSE:SJM
$12.07B
Smithfield Foods, Inc.
NASDAQ:SFD
$9.82B
Molson Coors Beverage Company
NYSE:TAP
$7.37B
New Oriental Education & Technology Group Inc.
NYSE:EDU
$7.18B
Pilgrim's Pride Corporation
NASDAQ:PPC
$6.71B
Conagra Brands, Inc.
NYSE:CAG
$6.32B
Ingredion Incorporated
NYSE:INGR
$6.20B
Lamb Weston Holdings, Inc.
NYSE:LW
$6.14B
Post Holdings, Inc.
NYSE:POST
$4.03B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does CPB generate?
Campbell Soup Company (CPB) reported $10.25B of revenue in fiscal 2025.
Is CPB profitable?
Campbell Soup Company (CPB) reported $602.00M of net income, with a net margin of 5.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.