Campbell'S (CPB) Operating Margin (2009 - 2026)

Campbell'S's Operating Margin history runs 18 years deep, the most recent figure standing at 10.1% for Q2 2026.

• On a quarterly basis, Operating Margin rose 360.0% year-over-year to 10.1% in Q2 2026; TTM through May 2026 was 11.25%, a 214.0% increase from a year earlier, with the FY2025 full-year figure at 10.96%, up 58.0% from the prior year.
• Operating Margin retreated to 10.1% in Q2 2026 per CPB's latest filing, from 10.65% in the prior quarter.
• Across five years, Operating Margin topped out at 16.93% in Q4 2022 and bottomed at 3.36% in Q3 2024.
• The 5-year median for Operating Margin is 12.37% (2025), against an average of 11.68%.
• Across the five-year window, Operating Margin plunged 1339 bps in 2022 and soared 823 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 16.93% in 2022, then dropped by 16 bps to 14.22% in 2023, then decreased by 7 bps to 13.24% in 2024, then decreased by 5 bps to 12.55% in 2025, then retreated by 20 bps to 10.1% in 2026.
• Per Business Quant, the three latest CPB Operating Margin figures stand at 10.1% (Q2 2026), 10.65% (Q1 2026), and 12.55% (Q4 2025).