Campbell’s Co (CPB) — Tangible Net Worth Ratio

Latest as of July 2025: -11.6%

Campbell’s Co (CPB) has a Tangible Net Worth Ratio of -11.6% as of July 2025. This metric is calculated by deducting intangible assets ($4.36 Billion) from net assets ($3.90 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See CPB working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-11.6%
Tangible equity / total equity

Net Assets (Equity)

$3.90 Billion
USD

Intangible Assets

$4.36 Billion
Goodwill, patents, brand value

Total Assets

$14.90 Billion
USD

Campbell’s Co Tangible Net Worth Ratio (1986–2025)

This chart shows how Campbell’s Co's Tangible Net Worth Ratio has changed across 38 annual periods from 1986 to 2025. As of July 2025, the ratio stands at -11.6%, reflecting net assets of $3.90 Billion with intangible assets of $4.36 Billion USD. See Campbell’s Co defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Campbell’s Co (1986–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Campbell’s Co from 1986 to 2025, covering 38 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Campbell’s Co.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 -11.6% $3.90 Billion $4.36 Billion $14.90 Billion ▲ +12.7 pp
2024 -24.2% $3.80 Billion $4.72 Billion $15.23 Billion ▼ -38.5 pp
2023 14.2% $3.66 Billion $3.14 Billion $12.06 Billion ▲ +10.2 pp
2022 4.1% $3.33 Billion $3.20 Billion $11.89 Billion ▲ +6.7 pp
2021 -2.7% $3.15 Billion $3.24 Billion $11.73 Billion ▲ +27.7 pp
2020 -30.4% $2.57 Billion $3.35 Billion $12.37 Billion ▲ +176.7 pp
2019 -207.1% $1.11 Billion $3.42 Billion $13.15 Billion ▼ -40.2 pp
2018 -166.9% $1.37 Billion $3.66 Billion $14.53 Billion ▼ -198.9 pp
2017 32.0% $1.65 Billion $1.12 Billion $7.73 Billion ▲ +7.2 pp
2016 24.9% $1.53 Billion $1.15 Billion $7.84 Billion ▲ +12.4 pp
2015 12.5% $1.38 Billion $1.21 Billion $8.08 Billion ▼ -14.2 pp
2014 26.7% $1.60 Billion $1.18 Billion $8.11 Billion ▲ +11.1 pp
2013 15.6% $1.21 Billion $1.02 Billion $8.32 Billion ▲ +195.0 pp
2012 -179.4% $898.00 Million $2.51 Billion $6.53 Billion ▼ -36.7 pp
2011 -142.7% $1.10 Billion $2.66 Billion $6.86 Billion ▼ -187.9 pp
2010 45.2% $929.00 Million $509.00 Million $6.28 Billion ▲ +16.6 pp
2009 28.6% $731.00 Million $522.00 Million $6.06 Billion ▼ -25.5 pp
2008 54.1% $1.32 Billion $605.00 Million $6.47 Billion ▲ +1.6 pp
2007 52.5% $1.29 Billion $615.00 Million $6.45 Billion ▼ -13.8 pp
2006 66.3% $1.77 Billion $596.00 Million $7.75 Billion ▲ +203.2 pp
2005 -136.9% $1.27 Billion $3.01 Billion $6.78 Billion ▲ +105.7 pp
2004 -242.7% $874.00 Million $3.00 Billion $6.66 Billion ▲ +386.3 pp
2003 -628.9% $387.00 Million $2.82 Billion $6.21 Billion ▲ +560.8 pp
2000 -1189.8% $137.00 Million $1.77 Billion $5.20 Billion ▼ -477.0 pp
1999 -712.8% $235.00 Million $1.91 Billion $5.52 Billion ▼ -595.9 pp
1998 -116.9% $878.00 Million $1.90 Billion $5.63 Billion ▼ -103.1 pp
1997 -13.8% $1.50 Billion $1.71 Billion $6.20 Billion ▼ -49.9 pp
1996 36.2% $2.83 Billion $1.81 Billion $6.63 Billion ▲ +2.8 pp
1995 33.4% $2.57 Billion $1.72 Billion $6.32 Billion ▼ -39.0 pp
1994 72.4% $2.11 Billion $582.00 Million $4.99 Billion ▲ +5.4 pp
1993 67.0% $1.81 Billion $596.00 Million $4.90 Billion ▼ -11.4 pp
1992 78.4% $2.05 Billion $441.80 Million $4.35 Billion ▲ +2.4 pp
1991 76.0% $1.82 Billion $435.50 Million $4.15 Billion ▼ -2.0 pp
1990 78.1% $1.75 Billion $383.40 Million $4.12 Billion ▲ +3.5 pp
1989 74.5% $1.83 Billion $466.90 Million $3.93 Billion ▲ +0.7 pp
1988 73.8% $1.90 Billion $496.60 Million $3.61 Billion ▼ -18.6 pp
1987 92.4% $1.74 Billion $132.40 Million $3.09 Billion ▲ +0.8 pp
1986 91.5% $1.54 Billion $130.20 Million $2.76 Billion
pp = percentage points