Campbell'S (CPB) Operating Margin (2009 - 2026)
Campbell'S (CPB) posted Operating Margin of 0.19% for fiscal Q4 2026 (quarter ended Aug 2, 2026), down 11.40 percentage points from 11.59% a year earlier and down 9.91 percentage points from the prior quarter.
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Analysis
Campbell'S (CPB) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 2, 2026), Campbell'S's Operating Margin came in at 8.74%, down 2.22 percentage points from FY2025.
- Annual Operating Margin shows a five-year change of -9.48 percentage points (FY2021 to FY2026).
- In prior fiscal years, Campbell'S's Operating Margin was 10.96% in FY2025 (+0.58 pp), 10.38% in FY2024 (-3.64 pp), 14.02% in FY2023 (+0.44 pp) and 13.58% in FY2022 (-4.64 pp).
- The fiscal Q4 2026 figure stands as the lowest quarterly Operating Margin since fiscal Q4 2016.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -0.93 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q4 2025, with a gain of 8.23 percentage points; the weakest was fiscal Q4 2022, with a drop of 13.39 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 10.10% (Q3 2026), 10.65% (Q2 2026) and 12.55% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 142.54 Bn | 94.00 Bn | - | - |
| 2 | Mondelez International | 82.26 Bn | 75.53 Bn | 3.99 Bn | 20.80% |
| 3 | Hershey | 34.16 Bn | 30.40 Bn | 1.26 Bn | 23.06% |
| 4 | Kraft Heinz | 28.26 Bn | 14.68 Bn | 2.03 Bn | -102.70% |
| 5 | General Mills | 17.93 Bn | 15.58 Bn | 1.49 Bn | 14.43% |
| 6 | J M Smucker | 13.81 Bn | 13.60 Bn | 979.60 Mn | 23.05% |
| 7 | Mccormick | 12.79 Bn | 11.85 Bn | 794.90 Mn | 10.72% |
| 8 | Hormel Foods | 11.26 Bn | 7.93 Bn | 471.52 Mn | 3.75% |
| 9 | Chewy | 8.71 Bn | 5.99 Bn | 1.01 Bn | 2.76% |
| 10 | Campbell'S | 5.95 Bn | 4.42 Bn | 583.00 Mn | 0.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 0.19% |
| May 3, 2026 | 10.10% |
| Feb 1, 2026 | 10.65% |
| Nov 2, 2025 | 12.55% |
| Aug 3, 2025 | 11.59% |
| Apr 27, 2025 | 6.51% |
| Jan 26, 2025 | 12.18% |
| Oct 27, 2024 | 13.24% |
| Jul 28, 2024 | 3.36% |
| Apr 28, 2024 | 10.47% |
| Jan 28, 2024 | 12.91% |
| Oct 29, 2023 | 14.22% |
| Jul 30, 2023 | 13.15% |
| Apr 30, 2023 | 11.40% |
| Jan 29, 2023 | 14.08% |
| Oct 30, 2022 | 16.93% |
| Jul 31, 2022 | 8.56% |
| May 1, 2022 | 13.80% |
| Jan 30, 2022 | 14.62% |
| Oct 31, 2021 | 16.82% |
API Access
Campbell'S Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CPB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CPB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();