The Campbell`s Co's gross profit for the
three
months ended in Oct. 2024 was $867 Mil. The Campbell`s Co's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was $3,050 Mil.
The Campbell`s Co had a gross margin of 31.28% for the quarter that ended in Oct. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of The Campbell`s Co was 41.84%. The lowest was 30.68%. And the median was 33.82%.
Warning Sign:
The Campbell`s Co gross margin has been in long-term decline. The average rate of decline per year is -2.1%.
The Campbell`s Co Gross Profit Historical Data
The historical data trend for The Campbell`s Co's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of The Campbell`s Co's Gross Profit
For the Packaged Foods subindustry, The Campbell`s Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Campbell`s Co's Gross Profit Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Campbell`s Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where The Campbell`s Co's Gross Profit falls into.
The Campbell`s Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
The Campbell`s Co's Gross Profit for the fiscal year that ended in Jul. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,050 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
The Campbell`s Co (NAS:CPB) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
The Campbell`s Co had a gross margin of 31.28% for the quarter that ended in Oct. 2024 => Competition eroding margins
The Campbell`s Co Gross Profit Related Terms
Thank you for viewing the detailed overview of The Campbell`s Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Over the past 150-plus years, Campbell has evolved into a leading packaged food manufacturer in North America, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2024, snacks accounted for nearly half of its revenue, followed by soup (28%), other simple meals (17%), and beverages (7%). Outside its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and recently acquired Rao's (which closed in March 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.
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