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CPB Stock Analysis - CAMPBELL'S Co AI Rating

CPB Nasdaq Food and Kindred Products NJ CIK: 0000016732
Recently Updated • Analysis: Mar 22, 2026 • SEC Data: 2026-02-01
AI Rating
HOLD
62% Confidence

📊 CPB Key Takeaways

Revenue: $5.2B
Net Margin: 6.5%
Free Cash Flow: $513.0M
Current Ratio: 1.01x
Debt/Equity: 1.66x
EPS: $1.13
AI Rating: HOLD with 62% confidence

Investment Thesis

Campbell's demonstrates solid operational performance with revenue growth of 6.4% YoY and strong free cash flow generation of $513M, but faces structural profitability challenges with thin margins (6.5% net margin) and elevated leverage (1.66x debt-to-equity). The company's financial health is adequate but not exceptional, with modest ROE of 8.5% and concerning liquidity metrics suggesting limited financial flexibility.

CPB Strengths

  • + Strong revenue growth of 6.4% YoY on a $5.2B base demonstrates market demand
  • + Robust free cash flow of $513M ($513M FCF on $740M operating cash flow) provides resources for debt service and shareholder returns
  • + Positive momentum in diluted EPS (+6.3% YoY) despite flat net income reflects share buyback activity
  • + Healthy operating cash flow conversion with FCF margin of 9.8%

CPB Risks

  • ! Low gross margin of 14.3% and net margin of 6.5% indicate limited pricing power and high operating costs typical of commodity food processing
  • ! Elevated leverage with $6.6B long-term debt and debt-to-equity ratio of 1.66x constrains financial flexibility and limits downside protection
  • ! Weak liquidity position with current ratio of 1.01x and quick ratio of 0.51x suggests tight working capital management with limited cash reserves relative to near-term obligations
  • ! Modest profitability returns with ROE of 8.5% and ROA of 2.2% indicate capital is not generating strong returns
  • ! Interest coverage of 3.7x is adequate but leaves minimal margin for operational deterioration or rising interest rate environments

Key Metrics to Watch

CPB Financial Metrics

Revenue
$5.2B
Net Income
$339.0M
EPS (Diluted)
$1.13
Free Cash Flow
$513.0M
Total Assets
$15.3B
Cash Position
$561.0M

💡 AI Analyst Insight

CAMPBELL'S Co presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CPB Profitability Ratios

Gross Margin 14.3%
Operating Margin 11.6%
Net Margin 6.5%
ROE 8.5%
ROA 2.2%
FCF Margin 9.8%

CPB vs Consumer Sector

How CAMPBELL'S Co compares to Consumer sector averages

Net Margin
CPB 6.5%
vs
Sector Avg 8.0%
CPB Sector
ROE
CPB 8.5%
vs
Sector Avg 18.0%
CPB Sector
Current Ratio
CPB 1.0x
vs
Sector Avg 1.5x
CPB Sector
Debt/Equity
CPB 1.7x
vs
Sector Avg 0.8x
CPB Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CPB Balance Sheet & Liquidity

Current Ratio
1.01x
Quick Ratio
0.51x
Debt/Equity
1.66x
Debt/Assets
73.9%
Interest Coverage
3.74x
Long-term Debt
$6.6B

CPB 5-Year Financial Trend

CPB 5-year financial data: Year 2021: Revenue $8.7B, Net Income $211.0M, EPS $0.70. Year 2022: Revenue $8.7B, Net Income $1.6B, EPS $5.36. Year 2023: Revenue $9.4B, Net Income $1.0B, EPS $3.29. Year 2024: Revenue $9.6B, Net Income $757.0M, EPS $2.51. Year 2025: Revenue $10.3B, Net Income $858.0M, EPS $2.85.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: CAMPBELL'S Co's revenue has grown significantly by 18% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.85 reflects profitable operations.

CPB Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
9.8%
Free cash flow / Revenue

CPB Quarterly Performance

Quarterly financial performance data for CAMPBELL'S Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $2.6B $145.0M $0.48
Q1 2026 $2.7B $194.0M $0.65
Q3 2025 $2.4B $66.0M $0.22
Q2 2025 $2.5B $173.0M $0.58
Q1 2025 $2.5B $218.0M $0.72
Q3 2024 $2.2B $133.0M $0.44
Q2 2024 $2.5B $203.0M $0.68
Q1 2024 $2.5B $234.0M $0.78

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CPB Capital Allocation

Operating Cash Flow
$740.0M
Cash generated from operations
Stock Buybacks
$26.0M
Shares repurchased (TTM)
Capital Expenditures
$227.0M
Investment in assets
Dividends Paid
$237.0M
Returned to shareholders

CPB SEC Filings

Access official SEC EDGAR filings for CAMPBELL'S Co (CIK: 0000016732)

📋 Recent SEC Filings

Date Form Document Action
Mar 11, 2026 10-Q cpb-20260201.htm View →
Mar 11, 2026 8-K cpb-20260311.htm View →
Mar 3, 2026 4 xslF345X05/wk-form4_1772571762.xml View →
Feb 2, 2026 4 xslF345X05/wk-form4_1770066170.xml View →
Jan 12, 2026 4 xslF345X05/wk-form4_1768251758.xml View →

Frequently Asked Questions about CPB

What is the AI rating for CPB?

CAMPBELL'S Co (CPB) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CPB's key strengths?

Strong revenue growth of 6.4% YoY on a $5.2B base demonstrates market demand. Robust free cash flow of $513M ($513M FCF on $740M operating cash flow) provides resources for debt service and shareholder returns.

What are the risks of investing in CPB?

Low gross margin of 14.3% and net margin of 6.5% indicate limited pricing power and high operating costs typical of commodity food processing. Elevated leverage with $6.6B long-term debt and debt-to-equity ratio of 1.66x constrains financial flexibility and limits downside protection.

What is CPB's revenue and growth?

CAMPBELL'S Co reported revenue of $5.2B.

Does CPB pay dividends?

CAMPBELL'S Co pays dividends, with $237.0M distributed to shareholders in the trailing twelve months.

Where can I find CPB SEC filings?

Official SEC filings for CAMPBELL'S Co (CIK: 0000016732) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CPB's EPS?

CAMPBELL'S Co has a diluted EPS of $1.13.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2026-02-01 | Powered by Claude AI