Campbell Soup Gross Margin 2010-2024 | CPB
- Campbell Soup average gross margin for 2023 was 30.85%, a 0.58% decline from 2022.
- Campbell Soup average gross margin for 2022 was 31.03%, a 7.73% decline from 2021.
- Campbell Soup average gross margin for 2021 was 33.63%, a 2.07% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.