The Campbell's Company
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $403.0M | $602.0M | $567.0M | $858.0M | $757.0M | $1.00B | $1.63B | $211.0M |
| Depreciation & Amortization | $413.0M | $434.0M | $411.0M | $387.0M | $337.0M | $317.0M | $328.0M | $446.0M |
| Depreciation | $372.0M | $366.0M | $338.0M | $339.0M | $296.0M | $275.0M | $285.0M | $389.0M |
| Amortization | $41.0M | $68.0M | $73.0M | $48.0M | $41.0M | $42.0M | $43.0M | $48.0M |
| Stock-Based Compensation | $56.0M | $57.0M | $99.0M | $63.0M | $59.0M | $64.0M | $61.0M | $58.0M |
| Net Cash from Operating Activities | $1.04B | $1.13B | $1.19B | $1.14B | $1.18B | $1.04B | $1.40B | $1.40B |
| Investing Activities | ||||||||
| Capital Expenditures | $361.0M | $426.0M | $517.0M | $370.0M | $242.0M | $275.0M | $299.0M | $384.0M |
| Business Acquisitions | $-1.0M | $0 | $2.62B | $0 | $0 | $0 | $0 | $18.0M |
| Net Cash from Investing Activities | $-357.0M | $-187.0M | $-3.13B | $-340.0M | $-230.0M | $-158.0M | $2.27B | $153.0M |
| Financing Activities | ||||||||
| Dividends Paid | $470.0M | $459.0M | $445.0M | $447.0M | $451.0M | $439.0M | $426.0M | $423.0M |
| Stock Repurchases | $26.0M | $62.0M | $67.0M | $142.0M | $167.0M | $36.0M | $0 | $0 |
| Net Cash from Financing Activities | $-419.0M | $-919.0M | $1.86B | $-723.0M | $-910.0M | $-1.67B | $-2.99B | $-1.59B |
| Net Change in Cash | $262.0M | $24.0M | $-81.0M | $80.0M | $40.0M | $-790.0M | $680.0M | $-47.0M |
| Free Cash Flow | $678.0M | $705.0M | $668.0M | $773.0M | $939.0M | $760.0M | $1.10B | $1.01B |