CAMPBELL'S profit margin CPB
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 4.1%
- Operating margin, 12 months
- 8.7%
- Net margin on a year earlier
- −1.7 pts
- Peer median
- 5.3%
Over the twelve months to Aug 2, 2026, CAMPBELL'S kept 4.1% of its revenue as net profit, with an operating margin of 8.7% and a gross margin of 28.1%.
Five years earlier its net margin was 11.8%.
The median for 10 packaged Foods stocks of a similar size is 5.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 4.1% | 8.7% | 28.1% |
| FY2025 | 5.9% | 11.0% | 30.4% |
| FY2024 | 5.9% | 10.4% | 30.8% |
| FY2023 | 9.2% | 14.0% | 31.2% |
| FY2022 | 8.8% | 13.6% | 30.7% |
| FY2021 | 11.8% | 18.2% | 33.2% |
| FY2020 | 18.7% | 12.7% | 34.5% |
| FY2019 | 2.6% | 12.1% | 33.2% |
| FY2018 | 3.9% | 16.7% | 42.5% |
| FY2017 | 11.2% | 17.7% | 37.1% |
| FY2016 | 7.1% | 12.1% | 34.9% |
| FY2015 | 8.2% | 13.0% | 34.4% |
| FY2014 | 9.9% | 14.4% | 35.1% |
| FY2013 | 5.7% | 13.4% | 36.2% |
| FY2012 | 10.8% | 16.9% | 41.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 4.1% | −1.7 pts | 8.7% | |
| Q3 FY26 | 6.1% | +1.7 pts | 11.3% | |
| Q2 FY26 | 5.5% | +0.3 pts | 10.4% | |
| Q1 FY26 | 5.7% | +0.1 pts | 10.8% | |
| Q4 FY25 | 5.9% | −0.0 pts | 11.0% | |
| Q3 FY25 | 4.4% | −3.4 pts | 9.1% | |
| Q2 FY25 | 5.1% | −3.1 pts | 10.1% | |
| Q1 FY25 | 5.6% | −3.0 pts | 10.2% | |
| Q4 FY24 | 5.9% | −3.3 pts | 10.4% | |
| Q3 FY24 | 7.9% | −0.6 pts | 12.7% | |
| Q2 FY24 | 8.3% | −0.6 pts | 13.0% | |
| Q1 FY24 | 8.5% | −0.4 pts | 13.3% |
Against its peers
Companies in Packaged Foods nearest CAMPBELL'S' size, closest first, today.
| Company | Profit margin |
|---|---|
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| SFDSmithfield Foods | 6.8% |
| LWLamb Weston | 3.8% |
| POSTPost | 3.5% |
| HRLHormel Foods | 2.8% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| MKCMccormick | 19.4% |
| SJMJ M SMUCKER | 2.5% |
| JJSFJ&J Snack Foods | 3.2% |
| Peer median | 5.3% |
Where CAMPBELL'S ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on CAMPBELL'S
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.