Campbell's Debt-to-Equity Ratio Growth & History (CPB)
Campbell's's debt-to-equity ratio was 1.87 for fiscal 2025.
View full Campbell's company overviewCampbell's annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-08-03 | 1.87 | −0.14 | −7.00% |
| 2024 | 2024-07-28 | 2.01 | 0.64 | +47.07% |
| 2023 | 2023-07-30 | 1.36 | −0.16 | −10.52% |
| 2022 | 2022-07-31 | 1.52 | −0.16 | −9.69% |
| 2021 | 2021-08-01 | 1.69 | −0.83 | −32.98% |
| 2020 | 2020-08-02 | 2.52 | −5.17 | −67.22% |
| 2019 | 2019-07-28 | 7.69 | 0.71 | +10.17% |
| 2018 | 2018-07-29 | 6.98 | 4.92 | +238.59% |
| 2017 | 2017-07-30 | 2.06 | 0.04 | +1.89% |
| 2016 | 2016-07-31 | 2.02 | −0.93 | −31.40% |
| 2015 | 2015-08-02 | 2.95 | 0.46 | +18.46% |
| 2014 | 2014-08-03 | 2.49 | −1.18 | −32.08% |
| 2013 | 2013-07-28 | 3.66 | 0.56 | +17.93% |
| 2012 | 2012-07-29 | 3.11 | 0.27 | +9.57% |
| 2011 | 2011-07-31 | 2.84 | −0.17 | −5.62% |
| 2010 | 2010-08-01 | 3.00 | −0.60 | −16.65% |
| 2009 | 2009-08-02 | 3.60 | — | — |
Campbell's quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-05-03 | 1.84 | −0.06 | −3.07% |
| Q2 2026 | 2026-02-01 | 1.87 | −0.21 | −9.94% |
| Q1 2026 | 2025-11-02 | 1.86 | −0.31 | −14.34% |
| Q4 2025 | 2025-08-03 | 1.87 | −0.14 | −7.00% |
| Q3 2025 | 2025-04-27 | 1.90 | −0.03 | −1.65% |
| Q2 2025 | 2025-01-26 | 2.07 | 0.81 | +64.57% |
| Q1 2025 | 2024-10-27 | 2.18 | 0.84 | +62.59% |
| Q4 2024 | 2024-07-28 | 2.01 | 0.64 | +47.07% |
| Q3 2024 | 2024-04-28 | 1.93 | 0.51 | +36.31% |
| Q2 2024 | 2024-01-28 | 1.26 | −0.08 | −5.93% |
| Q1 2024 | 2023-10-29 | 1.34 | −0.14 | −9.24% |
| Q4 2023 | 2023-07-30 | 1.36 | −0.16 | −10.52% |
| Q3 2023 | 2023-04-30 | 1.41 | 0.02 | +1.07% |
| Q2 2023 | 2023-01-29 | 1.34 | −0.16 | −10.71% |
| Q1 2023 | 2022-10-30 | 1.47 | −0.09 | −5.47% |
| Q4 2022 | 2022-07-31 | 1.52 | −0.16 | −9.69% |
| Q3 2022 | 2022-05-01 | 1.40 | −0.34 | −19.47% |
| Q2 2022 | 2022-01-30 | 1.50 | −0.56 | −27.15% |
| Q1 2022 | 2021-10-31 | 1.56 | −0.64 | −28.95% |
| Q4 2021 | 2021-08-01 | 1.69 | −0.83 | −32.98% |
| Q3 2021 | 2021-05-02 | 1.74 | −0.96 | −35.69% |
| Q2 2021 | 2021-01-31 | 2.06 | −0.38 | −15.60% |
| Q1 2021 | 2020-11-01 | 2.20 | −4.76 | −68.45% |
| Q4 2020 | 2020-08-02 | 2.52 | −5.17 | −67.22% |
| Q3 2020 | 2020-04-26 | 2.70 | −3.41 | −55.80% |
| Q2 2020 | 2020-01-26 | 2.44 | −3.87 | −61.29% |
| Q1 2020 | 2019-10-27 | 6.96 | 1.27 | +22.31% |
| Q4 2019 | 2019-07-28 | 7.69 | 0.71 | +10.17% |
| Q3 2019 | 2019-04-28 | 6.11 | 0.36 | +6.22% |
| Q2 2019 | 2019-01-27 | 6.31 | 5.15 | +445.05% |
| Q1 2019 | 2018-10-28 | 5.69 | 4.34 | +321.59% |
| Q4 2018 | 2018-07-29 | 6.98 | 4.92 | +238.59% |
| Q3 2018 | 2018-04-29 | 5.75 | 4.22 | +275.47% |
| Q2 2018 | 2018-01-28 | 1.16 | −0.40 | −25.82% |
| Q1 2018 | 2017-10-29 | 1.35 | −0.10 | −6.67% |
| Q4 2017 | 2017-07-30 | 2.06 | 0.04 | +1.89% |
| Q3 2017 | 2017-04-30 | 1.53 | 0.01 | +0.66% |
| Q2 2017 | 2017-01-29 | 1.56 | −0.11 | −6.69% |
| Q1 2017 | 2016-10-30 | 1.45 | −0.36 | −19.84% |
| Q4 2016 | 2016-07-31 | 2.02 | −0.93 | −31.40% |
| Q3 2016 | 2016-05-01 | 1.52 | −0.85 | −35.75% |
| Q2 2016 | 2016-01-31 | 1.67 | −0.88 | −34.47% |
| Q1 2016 | 2015-11-01 | 1.80 | −0.71 | −28.31% |
| Q4 2015 | 2015-08-02 | 2.95 | 0.46 | +18.46% |
| Q3 2015 | 2015-05-03 | 2.37 | −0.07 | −2.87% |
| Q2 2015 | 2015-02-01 | 2.55 | −0.43 | −14.46% |
| Q1 2015 | 2014-11-02 | 2.52 | −1.07 | −29.74% |
| Q4 2014 | 2014-08-03 | 2.49 | −1.18 | −32.08% |
| Q3 2014 | 2014-04-27 | 2.44 | −0.79 | −24.44% |
| Q2 2014 | 2014-01-26 | 2.98 | −0.84 | −21.89% |
| Q1 2014 | 2013-10-27 | 3.58 | −0.46 | −11.48% |
| Q4 2013 | 2013-07-28 | 3.66 | 0.56 | +17.93% |
| Q3 2013 | 2013-04-28 | 3.23 | 1.06 | +48.99% |
| Q2 2013 | 2013-01-27 | 3.82 | 1.41 | +58.53% |
| Q1 2013 | 2012-10-28 | 4.05 | 1.47 | +57.17% |
| Q4 2012 | 2012-07-29 | 3.11 | 0.27 | +9.57% |
| Q3 2012 | 2012-04-29 | 2.17 | −0.76 | −25.87% |
| Q2 2012 | 2012-01-29 | 2.41 | −1.10 | −31.40% |
| Q1 2012 | 2011-10-30 | 2.57 | −0.22 | −7.97% |
| Q4 2011 | 2011-07-31 | 2.84 | −0.17 | −5.62% |
| Q3 2011 | 2011-05-01 | 2.92 | 0.65 | +28.49% |
| Q2 2011 | 2011-01-30 | 3.51 | 0.92 | +35.53% |
| Q1 2011 | 2010-10-31 | 2.80 | −0.25 | −8.32% |
| Q4 2010 | 2010-08-01 | 3.00 | −0.60 | −16.65% |
| Q3 2010 | 2010-05-02 | 2.28 | — | — |
| Q2 2010 | 2010-01-31 | 2.59 | — | — |
| Q1 2010 | 2009-11-01 | 3.05 | — | — |
| Q4 2009 | 2009-08-02 | 3.60 | — | — |
Campbell's debt-to-equity ratio trends
Over the last five fiscal years, Campbell's's debt-to-equity ratio decreased from 2.52 to 1.87, a change of −0.65. The latest reported quarter, Q3 2026, shows 1.84.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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