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CPB

Campbell Soup Company

CPB

Campbell Soup Company • NASDAQ
$30.48 ▲ 0.79% (+0.24)
Market Cap $9.08 B
52w High $46.38
52w Low $29.39
Dividend Yield 1.56%
P/E 15.24
Volume 4.10M
Outstanding Shares 298.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $2.321B ▼ $410M ▼ $145M ▲ 6.247% ▲ $0.49 ▲ $375M ▲
Q3-2025 $2.475B ▼ $420M ▼ $66M ▼ 2.667% ▼ $0.22 ▼ $275M ▼
Q2-2025 $2.685B ▼ $465M ▼ $173M ▼ 6.443% ▼ $0.58 ▼ $445M ▼
Q1-2025 $2.772B ▲ $471M ▲ $218M ▲ 7.864% ▲ $0.73 ▲ $480M ▲
Q4-2024 $2.293B $417M $-3M -0.131% $-0.01 $191M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $132M ▼ $14.896B ▲ $10.992B ▲ $3.902B ▲
Q3-2025 $143M ▼ $14.828B ▼ $10.956B ▼ $3.87B ▼
Q2-2025 $829M ▲ $15.91B ▼ $11.998B ▼ $3.91B ▲
Q1-2025 $808M ▲ $16.112B ▲ $12.268B ▲ $3.842B ▲
Q4-2024 $108M $15.235B $11.439B $3.794B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $145M ▲ $271M ▲ $-107M ▼ $-176M ▲ $-11M ▲ $141M ▲
Q3-2025 $66M ▼ $135M ▼ $95M ▲ $-915M ▼ $-686M ▼ $50M ▼
Q2-2025 $173M ▼ $512M ▲ $-128M ▼ $-363M ▼ $21M ▼ $411M ▲
Q1-2025 $218M ▲ $225M ▼ $-47M ▲ $523M ▲ $700M ▲ $115M ▼
Q4-2024 $-3M $288M $-141M $-145M $1M $147M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Baked Snacks
Baked Snacks
 $1.13Bn ▲$1.06Bn ▼$1.07Bn ▲$1.18Bn ▲
Beverages
Beverages
 $790.00M ▲$780.00M ▼$790.00M ▲$690.00M ▼
Soups
Soups
 $850.00M ▲$850.00M ▲$620.00M ▼$450.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Campbell’s revenue has been edging higher over the past few years, helped by snacks and acquisitions, rather than fast organic growth. Profit margins in the middle of the income statement look fairly resilient, showing the company can still earn a solid spread between what it charges and what it costs to make its products. However, bottom‑line profit and earnings per share are lower than a few years ago, reflecting higher interest costs, integration expenses, and a more competitive environment. Overall, the business looks steady rather than fast‑growing, with decent profitability but some pressure on net earnings as the portfolio and cost base evolve.

Balance Sheet

Balance Sheet The balance sheet shows a mature company that has taken on more debt to fund acquisitions and expand its portfolio. Total assets have grown, but so has borrowing, which now represents a large portion of the capital structure. Equity has been inching up, suggesting retained profitability over time, yet leverage is clearly higher than in earlier years. Cash on hand is relatively modest, meaning liquidity relies more on ongoing cash generation and credit access than on large cash reserves. The key balance sheet story is a shift toward a more leveraged, acquisition‑driven model that needs stable earnings to remain comfortable.

Cash Flow

Cash Flow Campbell’s cash generation from day‑to‑day operations has been fairly consistent, indicating that the core business still converts sales into cash reliably. Free cash flow remains positive, but it has not expanded dramatically, in part because capital spending has ticked up as the company invests in plants, technology, and integration projects. This pattern is typical of a mature, cash‑generative consumer company that is reinvesting to support efficiency and new growth platforms. The main risk is that heavier investment and higher interest costs could squeeze free cash flow if operating performance slips.

Competitive Edge

Competitive Edge Campbell benefits from a wide and durable competitive moat built on very well‑known brands, strong positions in grocery aisles, and scale advantages in manufacturing and distribution. The shift from being “just a soup company” toward a broader snacks and sauces player strengthens its relevance to retailers and consumers, especially through brands like Goldfish, Snyder’s, Pepperidge Farm, and now Rao’s. Its cost‑efficient supply chain and bargaining power with retailers support profitability. Risks include intense competition from other big food companies and store brands, changing consumer tastes, and pressure from large retailers that can push on price and shelf space.

Innovation and R&D

Innovation and R&D Innovation at Campbell is less about basic research and more about using data and technology to refresh its portfolio and stay aligned with consumer trends. The “Insights Engine” and wider use of analytics and AI help the company spot flavor, health, and format trends early, then design products and marketing around them. This supports moves into better‑for‑you offerings, new snack formats, and premium sauces like Rao’s. Operationally, digital tools and automation aim to improve plant efficiency and product quality. The opportunity is to keep new products meaningful enough to drive growth; the risk is that innovation efforts could lag rapidly shifting consumer preferences or fail to stand out on crowded shelves.

Summary

Overall, Campbell Soup Company looks like a steady, mature food business that is reshaping itself through acquisitions and snacks‑led growth rather than rapid organic expansion. Its income statement shows solid margins but softer net earnings compared with a few years ago, as it absorbs higher costs and debt. The balance sheet is more leveraged, which amplifies both the benefits of stable cash flow and the risks if performance weakens. Cash generation remains a key strength, funding dividends, debt service, and reinvestment. Competitively, Campbell’s wide moat, iconic brands, and scale provide meaningful advantages, while innovation is increasingly data‑driven and focused on health, convenience, and premiumization. The long‑term story is one of cautious evolution: a traditional packaged‑food giant working to stay relevant and profitable in a slower‑growing but highly competitive market.

NEWS

November 26, 2025 · 3:32 PM UTC

CPB Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Campbell's Co.

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November 20, 2025 · 8:30 AM UTC

The Campbell's Company to Report First Quarter Fiscal 2026 Results on December 9, 2025

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November 18, 2025 · 6:00 PM UTC

The Campbell's Company Declares Quarterly Dividend

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November 6, 2025 · 9:00 AM UTC

Campbell's Declares It's Officially Sides Season™ with 2025 State of the Sides Report and Limited-Edition Designer Drop

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October 27, 2025 · 6:00 PM UTC

BetterInvesting™ Magazine Update on Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) and The Campbells (NYSE: CPB)

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