Campbell Soup Company Profile
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Campbell Soup Co
Food Industry/p>
- Type
Public
- Headquarters
USA
- Founded
1922
- Key Management
Mr.Mark A Clouse(CEO)
- Revenue
~8,476(2021)
- Headcountz
~19,000
- Website
Business Description
Campbell Soup Co. produces and markets soups, simple meals, and snacks. It was founded on November 23, 1922. The parent company of Pulm Organics is Campbell Soup Co. Plum Organics supplies the target products. It is divided into three sections: International Biscuits and Snacks, Meals and Beverages, and Campbell Fresh. The U.S. refrigerated soup business is located in Camden, NJ.
Key Financials
Revenue (US$ Mn):
- The annual revenue generated by Campbell Soup Co. in 2021 was US$ 8,476 Mn
- At a 7.2% increase from , Campbell Soup Co.’s annual revenue of US$ 8,691 Mn was indexed in 2020
- Campbell Soup Co. generated total revenue of US$ 8,107 Mn in 2019
Operating Income (US$ Mn):
- Campbell Soup Co.’s operating income for 2021 was US$ 1,192 Mn, a -12.67% decrease from 2020
- From 2019’s operating incomes, Campbell Soup Co. registered a 10.53% increase in 2020, amounting to US$ 1,365 Mn
- An operating income of US$ 1,235 Mn was generated in 2019 by Campbell Soup Co.
Net Income (US$ Mn):
- The net income generated by Campbell Soup Co. in 2021 was US$ 1,008 Mn
- At a 24.89% increase from , Campbell Soup Co.’s net income of US$ 592 Mn was indexed in 2020
- Campbell Soup Co. generated a net income of US$ 474 Mn in 2019
Operating Margin %:
- The operating margin generated by Campbell Soup Co. in 2021 was 14%
- At a 3.29% increase from , Campbell Soup Co.’s operating margin of 16% was indexed in 2020
- Campbell Soup Co. generated an operating margin of 15% in 2019
Gross Margin %:
- Campbell Soup Co.’s gross margin for 2021 was 32%, a -0.93% decrease from 2020
- From 2019’s gross margins, Campbell Soup Co. registered a -2.41% decrease in 2020, amounting to 32%
- A gross margin of 33% was generated in 2019 by Campbell Soup Co.
SWOT Analysis
Strengths
Strong position in the North American market
Campbell has built a strong market position in North America. Campbell North America’s portfolio includes well-known retail and food service brands such as Campbell’s, Pace, Pepperidge Farm, Prego, Swanson, V8, Plum, and Bolthouse Farms, among others. The US, Campbell’s largest geographical market, accounted for 92.4% of the total revenues in FY2019.
The company’s Tomato, Cream of Mushroom, and Chicken Noodle Soup are three of the most well-known soups in America. Americans consume nearly 2.5 billion bowls of these three soups alone each year. A strong market position enhances investor confidence in the company and provides economies of scale in procurement and production.
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