Campbell Soup Company (CPB) Financial Ratios
30 years of historical data (1996–2025) · Consumer Defensive · Packaged Foods
EV/EBITDA
↓
7.49
↓-36% vs avg
5yr avg: 11.70
30Y Low8.7·High16.0
P/FCF
↓
8.95
↓-48% vs avg
5yr avg: 17.21
30Y Low11.9·High42.9
P/B Ratio
↓
1.63
↓-56% vs avg
5yr avg: 3.73
30Y Low2.5·High83.6
ROE
↓
15.6%
↑-31% vs avg
5yr avg: 22.7%
30Y Low15%·High436%
Debt/EBITDA
↑
4.04
+10% vs avg
5yr avg: 3.66
30Y Low1.1·High7.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CPB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Campbell Soup Company trades at 10.5x earnings, 41% below its 5-year average of 18.0x, sitting at the 3rd percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 18.8x, the stock trades at a discount of 44%. On a free-cash-flow basis, the stock trades at 8.9x P/FCF, 48% below the 5-year average of 17.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.3B | $9.7B | $14.1B | $13.8B | $14.9B | $13.3B | $15.1B | $12.5B | $12.4B | $16.2B | $19.4B |
| Enterprise Value | $13.4B | $16.8B | $21.5B | $18.6B | $19.8B | $18.6B | $20.7B | $20.9B | $21.8B | $19.4B | $22.6B |
| P/E Ratio → | 10.52 | 16.08 | 24.79 | 16.08 | 19.66 | 13.29 | 9.25 | 59.06 | 47.56 | 18.28 | 34.40 |
| P/S Ratio | 0.62 | 0.95 | 1.46 | 1.47 | 1.74 | 1.57 | 1.73 | 1.54 | 1.87 | 2.78 | 2.43 |
| P/B Ratio | 1.63 | 2.48 | 3.70 | 3.77 | 4.47 | 4.23 | 5.87 | 11.23 | 9.00 | 9.86 | 12.63 |
| P/FCF | 8.95 | 13.76 | 21.04 | 17.84 | 15.87 | 17.55 | 13.74 | 12.31 | 13.75 | 17.07 | 16.84 |
| P/OCF | 5.58 | 8.58 | 11.86 | 12.07 | 12.62 | 12.88 | 10.79 | 8.93 | 9.46 | 12.59 | 12.99 |
P/E links to full P/E history page with 30-year chart
CPB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Campbell Soup Company's enterprise value stands at 7.5x EBITDA, 36% below its 5-year average of 11.7x. The Consumer Defensive sector median is 11.0x, placing the stock at a 32% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.64 | 2.23 | 1.98 | 2.32 | 2.19 | 2.38 | 2.58 | 3.30 | 3.33 | 2.84 |
| EV / EBITDA | 7.49 | 9.39 | 13.13 | 10.93 | 13.36 | 11.69 | 12.74 | 13.77 | 15.97 | 12.60 | 13.42 |
| EV / EBIT | 9.89 | 14.71 | 21.36 | 14.11 | 17.05 | 12.00 | 18.59 | 21.33 | 21.54 | 13.58 | 23.45 |
| EV / FCF | — | 23.80 | 32.17 | 24.02 | 21.13 | 24.42 | 18.83 | 20.64 | 24.30 | 20.46 | 19.65 |
CPB Profitability
Margins and return-on-capital ratios measuring operating efficiency
Campbell Soup Company earns an operating margin of 13.2%, above the Consumer Defensive sector average of 3.5%. ROE of 15.6% indicates solid capital efficiency, compared to the sector median of 6.5%. ROIC of 9.1% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.4% | 30.4% | 30.8% | 31.2% | 30.7% | 33.2% | 34.5% | 33.2% | 35.9% | 41.8% | 36.8% |
| Operating Margin | 13.2% | 13.2% | 12.7% | 14.0% | 13.4% | 15.0% | 14.9% | 13.2% | 14.7% | 21.0% | 17.3% |
| Net Profit Margin | 5.9% | 5.9% | 5.9% | 9.2% | 8.8% | 11.8% | 18.7% | 2.6% | 3.9% | 15.2% | 7.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.6% | 15.6% | 15.2% | 24.5% | 23.3% | 35.0% | 88.5% | 17.0% | 17.3% | 55.8% | 38.7% |
| ROA | 4.0% | 4.0% | 4.2% | 7.2% | 6.4% | 8.3% | 12.8% | 1.5% | 2.3% | 11.4% | 7.1% |
| ROIC | 9.1% | 9.1% | 9.3% | 11.8% | 10.3% | 11.5% | 11.0% | 7.9% | 9.3% | 19.1% | 20.7% |
| ROCE | 11.4% | 11.4% | 11.4% | 13.9% | 12.1% | 13.2% | 13.6% | 10.4% | 12.0% | 23.1% | 26.1% |
CPB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Campbell Soup Company carries a Debt/EBITDA ratio of 4.0x, which is highly leveraged (15% above the sector average of 3.5x). Net debt stands at $7.1B ($7.2B total debt minus $132M cash). Interest coverage of 3.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.85 | 1.85 | 1.99 | 1.36 | 1.51 | 1.68 | 2.51 | 7.62 | 6.93 | 2.15 | 2.30 |
| Debt / EBITDA | 4.04 | 4.04 | 4.61 | 2.92 | 3.40 | 3.33 | 3.97 | 5.58 | 6.97 | 2.29 | 2.10 |
| Net Debt / Equity | — | 1.81 | 1.96 | 1.30 | 1.48 | 1.66 | 2.18 | 7.59 | 6.90 | 1.96 | 2.11 |
| Net Debt / EBITDA | 3.96 | 3.96 | 4.54 | 2.81 | 3.33 | 3.29 | 3.45 | 5.55 | 6.93 | 2.08 | 1.92 |
| Debt / FCF | — | 10.04 | 11.13 | 6.18 | 5.26 | 6.87 | 5.09 | 8.33 | 10.54 | 3.39 | 2.81 |
| Interest Coverage | 3.31 | 3.31 | 4.04 | 7.00 | 6.16 | 7.36 | 3.22 | 2.76 | 5.54 | 12.44 | 8.38 |
CPB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.77x is below 1.0, meaning current liabilities exceed current assets. The quick ratio of 0.28x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 0.93x to 0.77x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.77 | 0.77 | 0.61 | 0.93 | 0.68 | 0.93 | 0.78 | 0.58 | 0.64 | 0.79 | 0.75 |
| Quick Ratio | 0.28 | 0.28 | 0.22 | 0.35 | 0.25 | 0.42 | 0.49 | 0.33 | 0.39 | 0.42 | 0.38 |
| Cash Ratio | 0.05 | 0.05 | 0.03 | 0.09 | 0.04 | 0.04 | 0.28 | 0.01 | 0.01 | 0.13 | 0.12 |
| Asset Turnover | — | 0.69 | 0.63 | 0.78 | 0.72 | 0.72 | 0.70 | 0.62 | 0.46 | 0.76 | 1.02 |
| Inventory Turnover | 5.01 | 5.01 | 4.81 | 4.99 | 4.76 | 6.07 | 6.54 | 6.27 | 4.78 | 3.76 | 5.35 |
| Days Sales Outstanding | — | 20.75 | 23.86 | 20.64 | 23.06 | 25.62 | 24.15 | 25.84 | 31.07 | 37.83 | 28.70 |
CPB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Campbell Soup Company returns 8.2% to shareholders annually — split between a 7.2% dividend yield and 1.0% buyback yield. The payout ratio of 76.2% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 9.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 7.2% | 4.7% | 3.2% | 3.2% | 3.0% | 3.3% | 2.8% | 3.4% | 3.4% | 2.6% | 2.0% |
| Payout Ratio | 76.2% | 76.2% | 78.5% | 52.1% | 59.6% | 43.8% | 26.2% | 200.5% | 163.2% | 47.4% | 69.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.5% | 6.2% | 4.0% | 6.2% | 5.1% | 7.5% | 10.8% | 1.7% | 2.1% | 5.5% | 2.9% |
| FCF Yield | 11.2% | 7.3% | 4.8% | 5.6% | 6.3% | 5.7% | 7.3% | 8.1% | 7.3% | 5.9% | 5.9% |
| Buyback Yield | 1.0% | 0.6% | 0.5% | 1.0% | 1.1% | 0.3% | 0.0% | 0.0% | 0.7% | 2.7% | 0.7% |
| Total Shareholder Yield | 8.2% | 5.4% | 3.6% | 4.3% | 4.1% | 3.6% | 2.8% | 3.4% | 4.1% | 5.3% | 2.8% |
| Shares Outstanding | — | $300M | $300M | $301M | $302M | $305M | $304M | $302M | $302M | $307M | $311M |
Peer Comparison
Compare CPB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CPBYou | $6B | 10.5 | 7.5 | 8.9 | 30.4% | 13.2% | 15.6% | 9.1% | 4.0 |
 GIS | $18B | 8.2 | 8.5 | 7.8 | 34.6% | 17.0% | 24.3% | 10.6% | 4.0 |
 K | $29B | 21.5 | 15.5 | 25.6 | 36.9% | 14.7% | 37.0% | 14.7% | 2.8 |
 HRL | $13B | 27.8 | 15.8 | 24.9 | 15.6% | 5.9% | 6.0% | 5.3% | 2.9 |
 SJM | $12B | -85.3 | 33.0 | 10.2 | 33.5% | 4.0% | -2.4% | 2.1% | 12.4 |
 CAG | $6B | 5.5 | 8.3 | 4.8 | 25.9% | 11.8% | 12.9% | 6.0% | 4.7 |
 MKC | $12B | 15.9 | 11.9 | 16.0 | 37.9% | 16.0% | 14.2% | 8.5% | 3.0 |
 KHC | $27B | -4.6 | — | 7.4 | 33.3% | -18.7% | -12.8% | -5.5% | — |
 MDLZ | $77B | 31.8 | 19.6 | 23.9 | 28.0% | 9.4% | 9.3% | 6.0% | 4.5 |
 HSY | $35B | 39.8 | 27.2 | 20.0 | 33.3% | 12.1% | 18.9% | 11.5% | 3.7 |
 POST | $4B | 16.0 | 8.4 | 8.2 | 26.4% | 10.4% | 8.5% | 5.9% | 5.6 |
| Consumer Defensive Median | — | 18.8 | 11.0 | 15.3 | 40.8% | 3.5% | 6.5% | 5.7% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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CPB — Frequently Asked Questions
Quick answers to the most common questions about buying CPB stock.
What is Campbell Soup Company's P/E ratio?
Campbell Soup Company's current P/E ratio is 10.5x. The historical average is 22.0x. This places it at the 3th percentile of its historical range.
What is Campbell Soup Company's EV/EBITDA?
Campbell Soup Company's current EV/EBITDA is 7.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.7x.
What is Campbell Soup Company's ROE?
Campbell Soup Company's return on equity (ROE) is 15.6%. The historical average is 80.1%.
Is CPB stock overvalued?
Based on historical data, Campbell Soup Company is trading at a P/E of 10.5x. This is at the 3th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Campbell Soup Company's dividend yield?
Campbell Soup Company's current dividend yield is 7.23% with a payout ratio of 76.2%.
What are Campbell Soup Company's profit margins?
Campbell Soup Company has 30.4% gross margin and 13.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Campbell Soup Company have?
Campbell Soup Company's Debt/EBITDA ratio is 4.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.