Campbell's
CPB Nasdaq· Packaged Foods & Meats
Last close · Oct 26, 2026
$20.63
KIRA · Stoqly’s AI analyst, in plain words
- Campbell's had $9.7B of revenue in fiscal 2026, down 5.0% on the year before. Over five years, revenue changed +2.8% a year on average.
- Its operating margin was 8.7%, down 2.2 pts: of every 100 in sales, about 9 is left after running the business.
- Campbell's made $403M of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew −8.4% a year.
- Free cash flow was $678M in fiscal 2026, 7.0% of revenue.
- Campbell's returned $496M to shareholders in fiscal 2026, 73% of free cash flow. The diluted share count rose 0.0%.
- Campbell's owes $6.7B more than it holds in cash, about 5.3 years of operating profit.
Market cap
$6.2B
P/E
—
Revenue
$9.7B
Net income
$403M
Free cash flow
$678M
Operating margin
8.7%
Campbell's in 30 seconds · fiscal 2026
Are sales growing?
−5.0%
No. Sales fell 5.0% last year.
Does it make a profit?
4.1%
A little. It keeps 4.1% of every sale as profit.
Does profit turn into cash?
7.0%
Partly. 7.0% of sales ends up as free cash.
Is debt under control?
5.3x
Heavy. Repaying its debt would take 5.3 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
What Campbell's does
Campbell's makes and sells packaged food and drinks. Its brands include Campbell's soups, Swanson broth, Prego and Rao's pasta sauces, V8 juices, and Pepperidge Farm, Goldfish, Snyder's of Hanover, Cape Cod and Kettle Brand snacks. Its products are resold to shoppers by food retailers, mass discounters, club stores, convenience stores and online sellers. It reports two segments. Meals & Beverages sells soup, simple meals and drinks in the U.S. and Canada, and, from 2026, its retail business in Latin America. Snacks sells cookies, crackers, bakery items, pretzels and chips in the U.S., using independent distributors that deliver to stores. Soup sells best in fall and winter. Its five largest customers accounted for approximately 48% of net sales in fiscal 2026, and Walmart alone for approximately 22%. Campbell's bought Sovos Brands, the maker of Rao's, in March 2024 and sold its noosa yogurt and Pop Secret popcorn businesses in 2024 and 2025.
Biggest risks, in its own words
- Not being able to raise prices enough to cover higher costs for ingredients, packaging, labor and distribution.
- Tariffs and trade policy changes, and conflicts that disrupt its supply chain.
- Depending on a few large retail customers, with Walmart the largest.
- Competition in all its categories, including lower-priced private label products.
- Fiscal year ends
- August 2, 2026
- Latest annual report
- 10-K · Sep 24, 2026
- Legal name
- The Campbell’s Company
- CIK
- 0000016732
Campbell's · CPB
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.6B | $9.4B | $9.6B | $10.3B | $9.7B |
| Revenue growth | 1.0% | 9.3% | 3.0% | 6.4% | −5.0% |
| Gross margin | 30.7% | 31.2% | 30.8% | 30.4% | 28.1% |
| Operating margin | 13.6% | 14.0% | 10.4% | 11.0% | 8.7% |
| Net income | $757M | $858M | $567M | $602M | $403M |
| Net margin | 8.8% | 9.2% | 5.9% | 5.9% | 4.1% |
| Diluted EPS | $2.51 | $2.85 | $1.89 | $2.01 | $1.31 |
| Cash | |||||
| Cash from operations | $1.2B | $1.1B | $1.2B | $1.1B | $1.0B |
| Capital expenditure | $242M | $370M | $517M | $426M | $361M |
| Free cash flow | $939M | $773M | $668M | $705M | $678M |
| FCF margin | 11.0% | 8.3% | 6.9% | 6.9% | 7.0% |
| Dividends paid | $451M | $447M | $445M | $459M | $470M |
| Share buybacks | $167M | $142M | $67.0M | $62.0M | $26.0M |
| Share count change | −1.0% | −0.3% | −0.3% | 0.0% | 0.0% |
| Debt and strength | |||||
| Cash and short-term investments | $109M | $189M | $108M | $132M | $394M |
| Debt incl. finance leases | $4.8B | $4.7B | $7.2B | $6.9B | $7.1B |
| Shareholders' equity | $3.3B | $3.7B | $3.8B | $3.9B | $3.9B |
| Net debt / EBITDA | 3.1x | 2.7x | 5.0x | 4.3x | 5.3x |
| Current ratio | 0.7x | 0.9x | 0.6x | 0.8x | 0.8x |
| Interest coverage | 6.2x | 7.0x | 4.0x | 3.3x | 2.6x |
| Returns and quality | |||||
| Return on capital | 11.2% | 12.3% | 7.9% | 7.9% | 6.2% |
| Return on equity | 23.4% | 24.5% | 15.2% | 15.6% | 10.4% |
| Piotroski F-score | 6 | 9 | 5 | 6 | 5 |
| Altman Z'' | 1.7 | 2.3 | 1.2 | 1.6 | 1.4 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$0.4M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Campbell's · CPB
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Campbell's CPB | $6.2B | −5.0% | 8.7% | 7.0% | 6.2% | — | 5 |
| J.M. Smucker SJM | — | 3.7% | 4.0% | 12.8% | 2.2% | 60.1x | — |
| Conagra Brands CAG | $7.0B | −2.9% | −14.4% | 8.7% | −8.3% | — | 5 |
| Post POST | $4.1B | 3.0% | 9.8% | 6.0% | 5.7% | 14.7x | 4 |
| Hershey HSY | — | 4.4% | 12.3% | 15.6% | 11.5% | — | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $20.63 a share, the company is worth $6.2B.
Campbell's grew sales faster than 0 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000016732). Data updated October 10, 2026. For information only — not investment advice. Check the original filings before relying on any figure.