The Campbell's Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. It operates through Meals & Beverages, and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; V8 juices and beverages; Campbell's tomato juice; Rao's pasta sauces, dry pasta, frozen entrΓ©es, frozen pizza, and soups; and Michael Angelo's frozen entrΓ©es and pasta sauces, as well as snacking products in foodservice in Canada. Its Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products, that includes Goldfish crackers, Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory pretzel crisps, and other snacking products. This segment is also involved in the snacking, and meals and beverage retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience and dollar stores, e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was formerly known as Campbell Soup Company and changed its name to The Campbell's Company in November 2024. The Campbell's Company was founded in 1869 and is headquartered in Camden, New Jersey.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $10.3B | $1.6B | $602M | $705M | 15.4% | 6.4% | 6.2% |
| 2024 | $9.6B | $1.4B | $567M | $668M | 14.9% | 3.0% | -33.9% |
| 2023 | $9.4B | $1.7B | $858M | $773M | 23.4% | 9.3% | 13.3% |
| 2022 | $8.6B | $1.5B | $757M | $939M | 22.7% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 8,562 | 9,357 | 9,636 | 10,253 |
| Cost Of Revenue | - | 5,935 | 6,440 | 6,665 | 7,134 |
| Gross Profit | - | 2,627 | 2,917 | 2,971 | 3,119 |
| Operating Expense | - | 1,479 | 1,605 | 1,745 | 1,766 |
| Operating Income | - | 1,148 | 1,312 | 1,226 | 1,353 |
| EBITDA | - | 1,501 | 1,703 | 1,417 | 1,575 |
| EBIT | - | 1,164 | 1,316 | 1,006 | 1,141 |
| Pretax Income | - | 975 | 1,128 | 757 | 796 |
| Tax Provision | - | 218 | 270 | 190 | 194 |
| Net Income | - | 757 | 858 | 567 | 602 |
| Net Income Common Stockholders | - | 757 | 858 | 567 | 602 |
| Total Expenses | - | 7,414 | 8,045 | 8,410 | 8,900 |
| Interest Expense | - | 189 | 188 | 249 | 345 |
| Interest Income | - | 1 | 4 | 6 | 17 |
| Research And Development | - | 87 | 92 | 102 | 100 |
| Selling General And Administration | - | 1,351 | 1,465 | 1,570 | 1,598 |
| Normalized EBITDA | - | 1,506 | 1,737 | 1,619 | 1,800 |
| Normalized Income | - | 760.88 | 883.87 | 718.30 | 772.16 |
| Market Cap | 6,147.78 | 6,147.78 | 6,147.78 | 6,147.78 | 6,147.78 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Campbell's Companythis co. | CPB | $6.1B | 10.21β discount | 1.58 | 15.4% | 8.40 |
| Conagra Brands, Inc. | CAG | $6.8B | 5.88 | 0.76 | 12.9% | 7.52 |
| Lamb Weston Holdings, Inc. | LW | $6.3B | 17.13 | 3.52 | 20.6% | 9.51 |
| PriceSmart, Inc. | PSMT | $4.9B | 33.66 | 3.99 | 11.9% | 16.54 |
| Laureate Education, Inc. | LAUR | $4.6B |
| - |
| - |
| - |
| - |
| - |
| 15.71 |
| 3.72 |
| 23.7% |
| 9.17 |
| Stride, Inc. | LRN | $4.2B | 14.51 | 2.82 | 19.5% | 7.76 |
| Covista Inc. | CVSA | $4.0B | 15.67 | 2.59 | 16.5% | 10.04 |
| Cal-Maine Foods, Inc. | CALM | $3.7B | 2.96 | 1.41 | 47.6% | - |
| Freshpet, Inc. | FRPT | $3.2B | 23.32 | 2.68 | 11.5% | 19.83 |
| Peer Median | - | 15.69 | 2.75 | 18.0% | 9.51 | |