Campbell'S (CPB) Gross Margin (2009 - 2026)
Campbell'S (CPB) posted quarterly Gross Margin of 27.47% for Q2 2026, down 194.0% year-over-year from 29.23% in Q2 2025, and down 1.76% quarter-over-quarter from 27.96% in Q1 2026.
Campbell'S (CPB) Gross Margin (2009 - 2026) Analysis & Trends
Campbell'S's Gross Margin history runs 18 years deep, the most recent figure standing at 27.47% for Q2 2026.
- In Q2 2026, Gross Margin fell 194.0% year-over-year to 27.47%; the TTM figure through May 2026 stood at 28.85% (down 136.0% YoY), while the FY2025 annual figure was 30.42%, down 41.0% from the prior year.
- Gross Margin for Q2 2026 stood at 27.47%, down from 27.96% in the prior quarter.
- The five-year high for Gross Margin was 32.39% in Q4 2022, with the low at 27.47% in Q2 2026.
- The 5-year median for Gross Margin is 30.44% (2025), against an average of 30.26%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 407 bps in 2022, then jumped 298 bps in 2023.
- Campbell'S's Gross Margin stood at 32.39% in 2022, then declined by 3 bps to 31.29% in 2023, then declined by 0 bps to 31.28% in 2024, then declined by 5 bps to 29.59% in 2025, then declined by 7 bps to 27.47% in 2026.
- Business Quant data shows CPB's Gross Margin at 27.47% in Q2 2026, 27.96% in Q1 2026, and 29.59% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 10.79% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 17.44% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 38.01% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 12.92% |
| 10 | Campbell'S | 7.08 Bn | 6.68 Bn | 650.00 Mn | 27.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 27.47% |
| Feb 1, 2026 | 27.96% |
| Nov 2, 2025 | 29.59% |
| Aug 3, 2025 | 30.37% |
| Apr 27, 2025 | 29.41% |
| Jan 26, 2025 | 30.50% |
| Oct 27, 2024 | 31.28% |
| Jul 28, 2024 | 29.44% |
| Apr 28, 2024 | 30.90% |
| Jan 28, 2024 | 31.60% |
| Oct 29, 2023 | 31.29% |
| Jul 30, 2023 | 31.72% |
| Apr 30, 2023 | 29.97% |
| Jan 29, 2023 | 30.54% |
| Oct 30, 2022 | 32.39% |
| Jul 31, 2022 | 28.74% |
| May 1, 2022 | 31.22% |
| Jan 30, 2022 | 30.29% |
| Oct 31, 2021 | 32.29% |
| Aug 1, 2021 | 31.34% |