The Campbell's (CPB) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 27.5%
EBITDA Margin: 14.5%
Op. Margin: 10.1%
Net Margin: 5.2%

Op. margin of 10.1% is up 3.6% YoY — cost efficiency is improving. Net margin at 5.2% and gross margin of 27.5% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit