CPB Campbell Soup margins

Relative Growth: Rel. Growth: 9

Relative Strength: Rel. Strength: 21

Relative Valuation: Rel. Valuation: 76

Relative Profitability: Rel. Profitability: 45

Gross margin

28.1%

Operating margin

8.7%

EBITDA margin

13%

Net margin

4.1%

Based on the latest figures, Campbell Soup reports a gross margin of 28.1%, an operating margin of 8.7%, an EBITDA margin of 13%, and a net margin of 4.1%. EBITDA margin had the largest decline, falling by 2.4 percentage points, while the other available margins also weakened.

CPB margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Campbell Soup recorded average margins of 30.21% gross, 10.92% operating, 15.24% EBITDA, and 6.08% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.

CPB margin expansion

Year-over-year margin changes in percentage points

EBITDA margin led the decline, falling by 2.4 percentage points, while the other available margins also decreased.

Gross margin expansion

-2.3pp

Operating margin expansion

-2.3pp

EBITDA margin expansion

-2.4pp

Net margin expansion

-1.8pp

CPB Gross margin

Campbell Soup recorded an average gross margin of 30.21% across the last 3 years. The current gross margin of 28.1% is 2.1 percentage points below its three-year average. The gross margin for Campbell Soup moved between 28.1% in Aug 2026 and 31.4% in Apr 2024.

CPB Operating margin

Campbell Soup recorded an average operating margin of 10.92% across the last 3 years. Campbell Soup currently reports an operating margin of 8.7%, 2.2 percentage points below its three-year average. Over the last 3 years, Campbell Soup's operating margin peaked at 13.3% in Oct 2023 and reached a low of 8.7% in Aug 2026.

CPB EBITDA margin

The average EBITDA margin for Campbell Soup was 15.24% over the last 3 years. Against its three-year average, Campbell Soup's EBITDA margin is currently 13%, 2.2 percentage points below its three-year average. The EBITDA margin for Campbell Soup moved between 13% in Aug 2026 and 17.5% in Oct 2023.

CPB Net margin

Reviewing the last 3 years, Campbell Soup recorded an average net margin of 6.08%. The latest net margin for Campbell Soup is 4.1%, 2 percentage points below its three-year average. The highest net margin for Campbell Soup was 8.5% in Oct 2023, while the lowest was 4.1% in Aug 2026.

CPB margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 28.1%, CPB stands below the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 36.6%, Campbell Soup's gross margin is 23% lower.

CPB margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Campbell Soup's gross margin?

For the period ending Aug 2, 2026, CPB recorded a gross margin of 28.1%.

What is Campbell Soup's operating margin?

The current operating margin for CPB is 8.7% as of Aug 2, 2026.

What is Campbell Soup's EBITDA margin?

For the period ending Aug 2, 2026, CPB recorded an EBITDA margin of 13%.

What is Campbell Soup's net margin?

For the period ending Aug 2, 2026, CPB recorded a net margin of 4.1%.

What are the average margins of CPB?

The three-year average margins for CPB were 30.2% gross, 10.9% operating, 15.2% EBITDA, and 6.1% net.

What are the highest historical margins of CPB?

Across the 5-year period, CPB posted its highest margins at 32.5% gross in Oct 2021, 17.4% operating in Oct 2021, 21.2% EBITDA in Oct 2021, and 11.4% net in Oct 2021.

What are the lowest historical margins of CPB?

In the last 5 years, the lowest margins reported by CPB were 28.1% gross in Aug 2026, 8.7% operating in Aug 2026, 13% EBITDA in Aug 2026, and 4.1% net in Aug 2026.