3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Campbell Soup Co's 3-Year ROIIC % for the quarter that ended in Jul. 2023 was 0.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Campbell Soup Co's 3-Year ROIIC % or its related term are showing as below:
CPB's 3-Year ROIIC % is ranked worse than 53.8% of 1814
companies
in the Consumer Packaged Goods industry
Industry Median: 1.775
vs CPB: 0.20
Campbell Soup Co 3-Year ROIIC % Historical Data
The historical data trend for Campbell Soup Co's 3-Year ROIIC % 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.
For the Packaged Foods subindustry, Campbell Soup Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Campbell Soup Co 3-Year ROIIC % Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Campbell Soup Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Campbell Soup Co's 3-Year ROIIC % falls into.
Campbell Soup Co 3-Year ROIIC % Calculation
Campbell Soup Co's 3-Year ROIIC % for the quarter that ended in Jul. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 997.9072 (Jul. 2023) - 1000.0032 (Jul. 2020) )
/
( 10486 (Jul. 2023) - 11519 (Jul. 2020) )
=
-2.0960000000002
/
-1033
=
0.20%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Campbell Soup Co (NYSE:CPB) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Campbell Soup Co 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Campbell Soup Co's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Campbell Soup Co (Campbell Soup Co) Business Description
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.
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