Campbell’s Co (CPB) — Capital Reinvestment Ratio

Latest as of July 2026: 1.46x

Campbell’s Co (CPB) has a Capital Reinvestment Ratio of 1.46x as of July 2026, meaning it reinvests 1% of its operating cash flow ($200.00 Million) in capital expenditures ($291.00 Million). See free cash flow generation of Campbell’s Co to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

1.46x
Capex / Operating Cash Flow

Operating Cash Flow

$200.00 Million
USD

Capital Expenditures

$291.00 Million
USD

Data as of

Jul 2026
Most recent filing

Campbell’s Co Capital Reinvestment Ratio (1989–2026)

This chart tracks Campbell’s Co's Capital Reinvestment Ratio across 38 annual periods. See financial flexibility index of Campbell’s Co to measure the company's free cash flow as a share of total liabilities.

Annual Capital Reinvestment Ratio for Campbell’s Co (1989–2026)

Year-by-year Capital Reinvestment Ratio for Campbell’s Co from 1989 to 2026. For the full cash flow conversion analysis, see CPB operating cash flow.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2026 0.35x $1.04 Billion $361.00 Million ▼ -7.8%
2025 0.38x $1.13 Billion $426.00 Million ▼ -13.7%
2024 0.44x $1.19 Billion $517.00 Million ▲ +34.8%
2023 0.32x $1.14 Billion $370.00 Million ▲ +58.0%
2022 0.20x $1.18 Billion $242.00 Million ▼ -22.9%
2021 0.27x $1.03 Billion $275.00 Million ▲ +24.1%
2020 0.21x $1.40 Billion $299.00 Million ▼ -22.0%
2019 0.27x $1.40 Billion $384.00 Million ▼ -11.9%
2018 0.31x $1.30 Billion $407.00 Million ▲ +18.8%
2017 0.26x $1.29 Billion $338.00 Million ▲ +14.7%
2016 0.23x $1.49 Billion $341.00 Million ▼ -27.4%
2015 0.32x $1.21 Billion $380.00 Million ▼ -18.4%
2014 0.39x $899.00 Million $347.00 Million ▲ +17.1%
2013 0.33x $1.02 Billion $336.00 Million ▲ +14.3%
2012 0.29x $1.12 Billion $323.00 Million ▲ +21.1%
2011 0.24x $1.14 Billion $272.00 Million ▼ -20.1%
2010 0.30x $1.06 Billion $315.00 Million ▲ +0.7%
2009 0.30x $1.17 Billion $345.00 Million ▼ -23.9%
2008 0.39x $766.00 Million $298.00 Million ▼ -21.5%
2007 0.50x $674.00 Million $334.00 Million ▲ +96.6%
2006 0.25x $1.23 Billion $309.00 Million ▼ -24.8%
2005 0.34x $990.00 Million $332.00 Million ▼ -13.4%
2004 0.39x $744.00 Million $288.00 Million ▲ +19.4%
2003 0.32x $873.00 Million $283.00 Million ▲ +22.6%
2002 0.26x $1.02 Billion $269.00 Million ▲ +46.3%
2001 0.18x $1.11 Billion $200.00 Million ▲ +5.3%
2000 0.17x $1.17 Billion $200.00 Million ▼ -44.9%
1999 0.31x $954.00 Million $297.00 Million ▲ +71.8%
1998 0.18x $1.41 Billion $256.00 Million ▼ -19.9%
1997 0.23x $1.11 Billion $252.00 Million ▼ -26.8%
1996 0.31x $1.16 Billion $357.00 Million ▼ -6.3%
1995 0.33x $1.19 Billion $391.00 Million ▼ -24.1%
1994 0.43x $968.00 Million $421.00 Million ▼ -22.5%
1993 0.56x $652.40 Million $366.30 Million ▲ +24.2%
1992 0.45x $744.30 Million $336.50 Million ▲ +0.8%
1991 0.45x $805.20 Million $361.10 Million ▼ -48.1%
1990 0.86x $448.40 Million $387.60 Million ▲ +8.7%
1989 0.80x $357.30 Million $284.10 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow