Conagra Brands (CAG) Financials

$22.66 -0.06 (-0.24%)

Closing price 03:59 PM Eastern

Extended Trading

$22.60 -0.05 (-0.24%)

As of 07:46 PM Eastern

Annual Income Statements for Conagra Brands

This table shows Conagra Brands' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	5/26/2024	5/28/2023	5/29/2022	5/30/2021	5/31/2020	5/26/2019	5/27/2018	5/28/2017	5/29/2016	5/31/2015
Net Income / (Loss) Attributable to Common Shareholders	347	684	888	1,299	840	678	808	639	-677	-253
Consolidated Net Income / (Loss)	348	683	888	1,301	842	678	812	648	-666	-241
Net Income / (Loss) Continuing Operations	348	683	888	1,301	842	680	798	546	129	451
Total Pre-Tax Income	610	902	1,179	1,410	970	823	875	730	109	585
Total Operating Income	863	1,100	1,413	1,831	1,457	1,180	953	870	405	913
Total Gross Profit	3,333	3,265	2,839	3,179	3,070	2,653	2,352	2,344	2,429	2,296
Total Revenue	12,051	12,277	11,536	11,185	11,054	9,538	7,938	7,827	8,664	9,034
Operating Revenue	12,051	12,277	11,536	11,185	11,054	9,538	7,938	7,827	8,664	9,034
Total Cost of Revenue	8,718	9,012	8,697	8,006	7,985	6,885	5,587	5,483	6,235	6,738
Operating Cost of Revenue	8,718	9,012	8,697	8,006	7,985	6,885	5,587	5,483	6,235	6,738
Total Operating Expenses	2,470	2,165	1,426	1,349	1,613	1,473	1,398	1,474	2,025	1,383
Selling, General & Admin Expense	2,481	2,190	1,493	1,403	1,623	1,473	1,398	1,474	2,025	1,383
Other Operating Expenses / (Income)	-10	-24	-67	-55	-	-	-	-	-	-
Total Other Income / (Expense), net	-253	-198	-235	-420	-487	-356	-78	-140	-296	-328
Interest Expense	431	410	380	420	487	391	159	196	296	328
Interest & Investment Income	178	212	145	-	-	-	-	-	-	-
Income Tax Expense	263	219	291	194	201	219	175	255	46	213
Net Income / (Loss) Attributable to Noncontrolling Interest	0.50	-0.40	0.00	2.10	1.70	0.10	3.40	8.70	11	12
Basic Earnings per Share	$0.73	$1.43	$1.85	$2.67	$1.72	$1.53	$2.00	$1.48	($1.57)	($0.60)
Weighted Average Basic Shares Outstanding	478.21M	477.06M	480.09M	480.33M	487.24M	443.30M	404.20M	416.60M	438.72M	426.10M
Diluted Earnings per Share	$0.72	$1.42	$1.84	$2.66	$1.72	$1.52	$1.98	$1.46	($1.56)	($0.59)
Weighted Average Diluted Shares Outstanding	478.21M	477.06M	480.09M	480.33M	487.24M	443.30M	404.20M	416.60M	438.72M	426.10M
Weighted Average Basic & Diluted Shares Outstanding	478.21M	477.06M	480.09M	480.33M	487.24M	443.30M	404.20M	416.60M	438.72M	426.10M
Cash Dividends to Common per Share	$1.40	$1.32	$1.25	$1.04	$0.85	$0.85	$0.85	$0.90	$1.00	$1.00

This table shows Conagra Brands' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	2/23/2025	11/24/2024	8/25/2024	5/26/2024	2/25/2024	11/26/2023	8/27/2023	5/28/2023	2/26/2023	11/27/2022	8/28/2022
Net Income / (Loss) Attributable to Common Shareholders	145	285	467	-567	309	286	320	38	342	382	-78
Consolidated Net Income / (Loss)	145	285	467	-567	309	286	320	36	342	382	-78
Net Income / (Loss) Continuing Operations	145	285	467	-567	309	286	320	36	342	382	-78
Total Pre-Tax Income	189	346	328	-471	364	389	418	167	392	455	-112
Total Operating Income	270	406	405	-544	470	449	489	69	496	550	-15
Total Gross Profit	710	847	739	805	859	847	823	783	839	922	720
Total Revenue	2,841	3,195	2,795	2,906	3,033	3,208	2,904	2,973	3,087	3,313	2,904
Operating Revenue	2,841	3,195	2,795	2,906	3,033	3,208	2,904	2,973	3,087	3,313	2,904
Total Cost of Revenue	2,131	2,348	2,056	2,101	2,174	2,362	2,081	2,190	2,248	2,391	2,184
Operating Cost of Revenue	2,131	2,348	2,056	2,101	2,174	2,362	2,081	2,190	2,248	2,391	2,184
Total Operating Expenses	441	441	335	1,349	389	398	334	714	343	373	736
Selling, General & Admin Expense	444	444	338	1,361	387	398	334	726	349	373	742
Other Operating Expenses / (Income)	-3.10	-3.10	-3.10	-12	1.40	-	-	-	-6.00	-	-6.10
Impairment Charge	0.00	-	-	-	-	-	-	-	-	-	-
Total Other Income / (Expense), net	-81	-60	-77	73	-107	-59	-71	98	-104	-94	-97
Interest Expense	101	108	106	105	107	113	106	108	104	100	97
Interest & Investment Income	47	49	29	-	-	54	36	-	-	-	-
Other Income / (Expense), net	-27	-	-	-	-	-0.40	-0.30	-	-	6.10	-
Income Tax Expense	44	62	-139	-35	96	103	98	-18	100	123	14
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	0.10	0.10	0.20	0.00	0.20	-1.20	0.50	0.30	0.00
Basic Earnings per Share	$0.30	$0.60	$0.97	($1.18)	$0.64	$0.60	$0.67	$0.07	$0.72	$0.80	($0.16)
Weighted Average Basic Shares Outstanding	477.36M	477.32M	477.27M	478.21M	478.06M	478.01M	477.97M	477.06M	476.91M	476.62M	479.26M
Diluted Earnings per Share	$0.30	$0.59	$0.97	($1.19)	$0.64	$0.60	$0.67	$0.08	$0.71	$0.79	($0.16)
Weighted Average Diluted Shares Outstanding	477.36M	477.32M	477.27M	478.21M	478.06M	478.01M	477.97M	477.06M	476.91M	476.62M	479.26M
Weighted Average Basic & Diluted Shares Outstanding	477.36M	477.32M	477.27M	478.21M	478.06M	478.01M	477.97M	477.06M	476.91M	476.62M	479.26M
Cash Dividends to Common per Share	$0.35	$0.35	$0.35	-	$0.35	$0.35	$0.35	-	$0.33	$0.33	$0.33

This table details how cash moves in and out of Conagra Brands' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	5/26/2024	5/28/2023	5/29/2022	5/30/2021	5/31/2020	5/26/2019	5/27/2018	5/28/2017	5/29/2016	5/31/2015
Net Change in Cash & Equivalents	-15	11	3.10	-474	317	109	-123	-583	651	0.00
Net Cash From Operating Activities	2,016	995	1,177	1,468	1,843	1,126	954	1,170	1,259	1,505
Net Cash From Continuing Operating Activities	2,016	995	1,177	1,468	1,843	1,114	920	1,136	626	840
Net Income / (Loss) Continuing Operations	348	683	888	1,301	842	680	798	546	129	451
Consolidated Net Income / (Loss)	348	683	888	1,301	842	678	812	648	-666	-241
Depreciation Expense	401	370	375	388	389	333	257	268	279	285
Non-Cash Adjustments To Reconcile Net Income	1,165	748	166	96	306	1.00	161	251	516	78
Changes in Operating Assets and Liabilities, net	102	-806	-253	-317	306	100	-296	71	-298	26
Net Cash From Investing Activities	-375	-355	-435	-340	-154	-5,166	-576	-184	2,127	-42
Net Cash From Continuing Investing Activities	-375	-355	-435	-340	-154	-5,166	-576	-60	-252	134
Purchase of Property, Plant & Equipment	-388	-362	-464	-506	-370	-353	-252	-242	-278	-237
Purchase of Investments	-10	-5.20	-4.50	-12	-47	-61	0.00	0.00	-	-
Sale of Property, Plant & Equipment	0.80	3.20	20	2.50	14	23	8.00	13	36	0.00
Divestitures	0.00	0.00	0.10	161	195	282	0.00	489	0.00	0.00
Sale and/or Maturity of Investments	10	5.20	10	15	54	52	0.00	0.00	-	391
Other Investing Activities, net	12	4.10	3.30	0.00	0.10	11	4.50	5.30	-10	-21
Net Cash From Financing Activities	-1,657	-632	-738	-1,610	-1,370	4,150	-507	-1,569	-2,733	-1,454
Net Cash From Continuing Financing Activities	-1,657	-632	-738	-1,610	-1,370	4,150	-507	-2,408	-2,729	-1,427
Repayment of Debt	-1,950	-647	-987	-2,111	-948	-4,359	-261	-1,081	-2,523	-1,631
Repurchase of Common Equity	0.00	-150	-50	-298	0.00	0.00	-967	-1,000	0.00	-50
Payment of Dividends	-659	-624	-582	-475	-414	-356	-342	-415	-433	-425
Issuance of Debt	967	787	892	1,287	0.00	8,311	1,049	14	9.50	550
Other Financing Activities, net	-14	2.30	-11	-13	-8.80	-1.60	15	0.00	0.00	0.00
Other Net Changes in Cash	1.20	1.70	-1.30	-	-	-0.70	5.50	-0.20	-	-

This table details how cash moves in and out of Conagra Brands' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	2/23/2025	11/24/2024	8/25/2024	5/26/2024	2/25/2024	11/26/2023	8/27/2023	5/28/2023	2/26/2023	11/27/2022	8/28/2022
Net Change in Cash & Equivalents	12	-91	50	-0.10	16	-31	-0.60	23	32	-28	-16
Net Cash From Operating Activities	592	486	269	484	677	411	444	292	406	34	264
Net Cash From Continuing Operating Activities	592	486	269	484	677	411	444	292	406	34	264
Net Income / (Loss) Continuing Operations	145	285	467	-567	309	286	320	36	342	382	-78
Consolidated Net Income / (Loss)	145	285	467	-567	309	286	320	36	342	382	-78
Depreciation Expense	98	98	99	109	96	99	97	93	92	93	93
Non-Cash Adjustments To Reconcile Net Income	127	56	7.00	1,000	29	130	9.70	360	-23	5.70	405
Changes in Operating Assets and Liabilities, net	222	48	-304	-57	244	-105	17	-198	-5.60	-446	-156
Net Cash From Investing Activities	-91	-80	-286	-79	-92	-66	-138	-95	-78	-59	-123
Net Cash From Continuing Investing Activities	-91	-80	-286	-79	-92	-66	-138	-95	-78	-59	-123
Purchase of Property, Plant & Equipment	-89	-82	-133	-79	-96	-70	-144	-95	-79	-63	-125
Sale of Property, Plant & Equipment	0.60	2.40	0.30	0.20	0.10	0.30	0.20	0.10	0.70	0.40	2.00
Other Investing Activities, net	-3.00	0.50	0.00	-1.10	3.80	4.60	5.00	-	-	4.10	0.00
Net Cash From Financing Activities	-489	-495	70	-406	-567	-376	-307	-177	-297	-3.00	-154
Net Cash From Continuing Financing Activities	-489	-495	70	-406	-567	-376	-307	-177	-297	-3.00	-154
Repayment of Debt	-354	-363	286	-1,033	22	-260	-680	320	-601	-419	54
Payment of Dividends	-167	-168	-167	-167	-167	-167	-157	-157	-158	-159	-150
Issuance of Debt	33	36	35	794	-421	50	544	-341	456	672	0.00
Other Financing Activities, net	-0.40	-0.30	-20	-	-0.50	0.40	-14	1.40	6.60	2.60	-8.30
Other Net Changes in Cash	0.30	-1.90	-2.70	1.40	-	0.20	1.40	2.50	-	-	-

This table presents Conagra Brands' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	5/26/2024	5/28/2023	5/29/2022	5/30/2021	5/31/2020	5/26/2019	5/27/2018	5/28/2017	5/29/2016	5/31/2015
Total Assets	20,862	22,053	22,435	22,196	22,304	22,214	10,390	10,096	13,391	17,438
Total Current Assets	3,150	3,385	3,034	2,702	2,886	2,734	1,939	2,013	3,577	3,563
Cash & Equivalents	78	93	83	79	553	237	128	251	798	165
Accounts Receivable	872	953	867	794	861	818	569	563	650	739
Inventories, net	2,083	2,212	1,967	1,710	1,365	1,549	989	928	1,044	1,643
Prepaid Expenses	85	92	116	95	-	-	-	-	-	-
Other Current Nonoperating Assets	32	34	-	24	13	47	68	42	936	849
Plant, Property, & Equipment, net	2,876	2,736	2,737	2,572	2,365	2,327	1,590	1,633	1,698	2,645
Plant, Property & Equipment, gross	6,528	6,135	5,896	5,565	5,128	9,813	4,009	4,093	4,199	6,068
Accumulated Depreciation	3,652	3,398	3,159	2,993	2,762	2,579	2,419	2,460	2,502	3,424
Total Noncurrent Assets	14,837	15,931	16,664	16,922	17,053	17,188	6,861	6,450	8,116	11,230
Goodwill	10,583	11,109	11,329	11,339	11,362	11,435	4,487	4,295	4,319	4,545
Intangible Assets	2,708	3,192	3,858	4,125	4,302	4,539	1,283	1,224	1,223	1,273
Other Noncurrent Operating Assets	1,436	1,506	1,477	1,345	1,273	916	906	791	906	927
Other Noncurrent Nonoperating Assets	111	123	-	113	115	298	185	140	1,668	4,486
Total Liabilities & Shareholders' Equity	20,862	22,053	22,435	22,196	22,304	22,214	10,390	10,096	13,391	17,438
Total Liabilities	12,351	13,245	13,573	13,564	14,353	14,750	6,633	6,019	9,596	12,828
Total Current Liabilities	3,242	4,441	3,519	3,306	3,287	2,143	2,336	1,721	2,532	3,310
Short-Term Debt	949	2,152	892	731	847	22	584	227	573	1,016
Accounts Payable	1,494	1,526	1,865	1,656	1,507	1,252	905	773	707	1,080
Accrued Expenses	591	583	611	743	726	691	671	553	568	647
Current Employee Benefit Liabilities	193	164	152	175	189	173	162	168	221	206
Other Current Nonoperating Liabilities	15	16	-	1.60	19	5.10	14	-	464	361
Total Noncurrent Liabilities	9,109	8,805	10,054	10,258	11,066	12,608	4,297	4,298	7,063	9,518
Long-Term Debt	7,493	7,081	8,088	8,275	8,901	10,656	3,232	2,769	4,881	6,889
Other Noncurrent Operating Liabilities	1,615	1,718	1,966	1,980	2,165	1,952	1,061	1,529	1,876	1,916
Other Noncurrent Nonoperating Liabilities	1.90	5.30	-	3.20	-	-	4.40	-	306	713
Total Equity & Noncontrolling Interests	8,511	8,807	8,862	8,631	7,951	7,464	3,757	4,078	3,795	4,610
Total Preferred & Common Equity	8,440	8,737	8,788	8,552	7,876	7,385	3,676	3,991	3,714	4,526
Total Common Equity	8,440	8,737	8,788	8,552	7,876	7,385	3,676	3,991	3,714	4,526
Common Stock	5,284	5,298	5,246	5,263	5,244	5,207	4,020	4,012	3,976	3,889
Retained Earnings	6,276	6,599	6,551	6,263	5,471	5,048	4,745	4,247	3,218	4,331
Treasury Stock	-3,085	-3,116	-2,998	-2,980	-2,730	-2,760	-4,978	-4,055	-3,136	-3,365
Accumulated Other Comprehensive Income / (Loss)	-36	-44	-11	5.80	-110	-110	-111	-213	-345	-330
Noncontrolling Interest	71	71	75	80	75	79	80	87	81	84

This table presents Conagra Brands' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	2/23/2025	11/24/2024	8/25/2024	5/26/2024	2/25/2024	11/26/2023	8/27/2023	5/28/2023	2/26/2023	11/27/2022	8/28/2022
Total Assets	20,745	21,018	21,248	20,862	21,920	22,120	22,365	22,053	22,454	22,414	22,220
Total Current Assets	2,966	3,205	3,416	3,150	3,286	3,469	3,574	3,385	3,455	3,416	3,234
Cash & Equivalents	49	37	129	78	79	62	93	93	71	40	67
Accounts Receivable	770	857	933	872	917	974	972	953	960	911	789
Inventories, net	1,955	2,181	2,221	2,083	2,143	2,278	2,394	2,212	2,307	2,348	2,229
Prepaid Expenses	110	130	134	85	117	126	115	92	116	119	121
Other Current Nonoperating Assets	81	0.00	0.00	32	30	30	-	34	-	-	27
Plant, Property, & Equipment, net	2,739	2,820	2,877	2,876	2,877	2,877	2,915	2,736	2,702	2,688	2,705
Plant, Property & Equipment, gross	6,433	6,614	6,569	6,528	6,471	6,423	6,417	6,135	6,046	5,993	5,900
Accumulated Depreciation	3,694	3,794	3,692	3,652	3,594	3,547	3,502	3,398	3,344	3,305	3,195
Total Noncurrent Assets	15,040	14,992	14,955	14,837	15,757	15,774	15,877	15,931	16,298	16,309	16,281
Goodwill	10,500	10,757	10,758	10,583	11,110	11,109	11,178	11,109	11,178	11,180	11,184
Intangible Assets	2,487	2,724	2,756	2,708	3,152	3,165	3,192	3,192	3,565	3,579	3,593
Other Noncurrent Operating Assets	1,523	1,490	1,419	1,436	1,405	1,410	1,507	1,506	1,555	1,550	1,499
Other Noncurrent Nonoperating Assets	530	21	21	111	91	90	-	123	-	-	5.40
Total Liabilities & Shareholders' Equity	20,745	21,018	21,248	20,862	21,920	22,120	22,365	22,053	22,454	22,414	22,220
Total Liabilities	11,965	12,217	12,552	12,351	12,694	13,046	13,410	13,245	13,516	13,676	13,643
Total Current Liabilities	4,304	4,560	3,647	3,242	3,471	3,833	3,940	4,441	3,561	3,723	4,160
Short-Term Debt	1,908	2,226	1,287	949	1,186	1,576	1,529	2,152	1,175	1,320	1,458
Accounts Payable	1,421	1,572	1,538	1,494	1,418	1,475	1,535	1,526	1,564	1,596	1,851
Accrued Expenses	827	637	714	591	686	640	762	583	664	687	744
Current Employee Benefit Liabilities	145	126	108	193	168	130	115	164	159	119	105
Other Current Nonoperating Liabilities	2.70	0.00	0.00	15	13	13	-	16	-	-	1.70
Total Noncurrent Liabilities	7,662	7,658	8,905	9,109	9,224	9,213	9,470	8,805	9,955	9,954	9,483
Long-Term Debt	6,237	6,238	7,486	7,493	7,492	7,493	7,745	7,081	8,081	8,082	7,584
Other Noncurrent Operating Liabilities	1,424	1,420	1,420	1,615	1,729	1,718	1,725	1,718	1,874	1,872	1,896
Other Noncurrent Nonoperating Liabilities	0.90	0.00	0.00	1.90	2.30	1.90	-	5.30	-	-	2.40
Total Equity & Noncontrolling Interests	8,779	8,801	8,696	8,511	9,226	9,074	8,955	8,807	8,938	8,738	8,577
Total Preferred & Common Equity	8,779	8,801	8,696	8,440	9,155	9,004	8,885	8,737	8,866	8,666	8,504
Total Common Equity	8,779	8,801	8,696	8,440	9,155	9,004	8,885	8,737	8,866	8,666	8,504
Common Stock	5,264	5,259	5,251	5,284	5,275	5,261	5,255	5,298	5,289	5,282	5,244
Retained Earnings	6,670	6,692	6,575	6,276	7,012	6,872	6,753	6,599	6,720	6,537	6,315
Treasury Stock	-3,111	-3,113	-3,114	-3,085	-3,088	-3,090	-3,091	-3,116	-3,120	-3,128	-3,031
Accumulated Other Comprehensive Income / (Loss)	-43	-37	-16	-36	-44	-39	-33	-44	-24	-25	-23
Noncontrolling Interest	0.00	0.00	0.00	71	71	70	71	71	72	71	72

This table displays calculated financial ratios and metrics derived from Conagra Brands' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	5/26/2024	5/28/2023	5/29/2022	5/30/2021	5/31/2020	5/26/2019	5/27/2018	5/28/2017	5/29/2016	5/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.84%	6.42%	3.14%	1.18%	15.89%	20.16%	1.42%	-9.66%	-4.09%	-23.69%
EBITDA Growth	-13.98%	-17.85%	-19.37%	20.18%	19.27%	19.93%	8.17%	74.65%	-42.95%	-20.34%
EBIT Growth	-21.50%	-22.20%	-22.80%	25.65%	19.95%	17.53%	11.73%	128.62%	-55.67%	-20.52%
NOPAT Growth	-40.95%	-21.79%	-32.56%	36.77%	33.31%	13.53%	34.76%	143.96%	-60.04%	-34.23%
Net Income Growth	-49.11%	-23.08%	-31.72%	54.54%	24.09%	-16.43%	25.28%	197.31%	-176.54%	-176.42%
EPS Growth	-49.30%	-22.83%	-30.83%	54.65%	13.16%	-23.23%	35.62%	193.59%	-176.54%	-176.42%
Operating Cash Flow Growth	102.49%	-15.45%	-19.81%	-20.32%	63.71%	17.95%	-18.46%	-7.07%	-16.31%	-4.08%
Free Cash Flow Firm Growth	96.47%	6.67%	-38.48%	-31.29%	118.15%	-5,032.99%	-64.40%	-68.13%	-71.55%	206.88%
Invested Capital Growth	-5.84%	0.30%	1.91%	2.29%	-3.27%	144.24%	8.58%	0.35%	-18.19%	-40.07%
Revenue Q/Q Growth	-0.56%	0.52%	1.50%	-4.67%	6.50%	7.28%	1.33%	7.57%	14.30%	3.12%
EBITDA Q/Q Growth	-32.06%	-7.89%	-3.78%	-3.14%	2.26%	16.71%	11.52%	43.25%	-20.15%	-2.85%
EBIT Q/Q Growth	-41.52%	-10.49%	-4.20%	-3.86%	3.17%	17.94%	15.40%	63.69%	-37.18%	-10.65%
NOPAT Q/Q Growth	-54.41%	-2.80%	-12.83%	7.31%	9.76%	18.36%	-6.40%	136.61%	-39.93%	-18.08%
Net Income Q/Q Growth	-63.45%	-15.09%	-14.63%	9.11%	9.94%	8.81%	-9.13%	5.02%	-15.75%	68.88%
EPS Q/Q Growth	-63.82%	-14.97%	-14.42%	9.47%	9.55%	18.75%	-12.39%	2.82%	-15.75%	68.88%
Operating Cash Flow Q/Q Growth	10.55%	-11.76%	2.31%	-26.82%	44.44%	29.64%	-18.16%	-14.40%	-16.20%	12.19%
Free Cash Flow Firm Q/Q Growth	3.36%	27.18%	-10.67%	-32.85%	24.69%	6.61%	-18.76%	-77.11%	-61.56%	116.11%
Invested Capital Q/Q Growth	-5.35%	-1.72%	-0.68%	-0.29%	-4.17%	-2.76%	0.56%	0.72%	-24.16%	-36.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.66%	26.59%	24.61%	28.42%	27.77%	27.81%	29.62%	29.95%	28.04%	25.42%
EBITDA Margin	10.49%	11.97%	15.51%	19.83%	16.70%	16.23%	16.26%	15.24%	7.88%	13.25%
Operating Margin	7.16%	8.96%	12.25%	16.37%	13.18%	12.37%	12.01%	11.11%	4.67%	10.10%
EBIT Margin	7.16%	8.96%	12.25%	16.37%	13.18%	12.73%	13.02%	11.82%	4.67%	10.10%
Profit (Net Income) Margin	2.89%	5.56%	7.70%	11.63%	7.62%	7.11%	10.23%	8.28%	-7.69%	-2.67%
Tax Burden Percent	56.98%	75.75%	75.35%	92.24%	86.79%	82.40%	92.80%	88.83%	-612.04%	-41.19%
Interest Burden Percent	70.70%	82.03%	83.40%	77.04%	66.57%	67.78%	84.64%	78.86%	26.89%	64.04%
Effective Tax Rate	43.02%	24.25%	24.65%	13.74%	20.75%	26.58%	19.96%	34.91%	42.65%	36.38%
Return on Invested Capital (ROIC)	2.84%	4.68%	6.05%	9.17%	6.67%	6.98%	11.02%	8.54%	3.16%	5.38%
ROIC Less NNEP Spread (ROIC-NNEP)	1.17%	3.01%	4.06%	6.05%	3.41%	4.22%	12.64%	11.58%	-25.34%	-8.76%
Return on Net Nonoperating Assets (RNNOA)	1.17%	3.05%	4.10%	6.53%	4.26%	5.11%	9.71%	7.92%	-19.00%	-10.21%
Return on Equity (ROE)	4.02%	7.73%	10.15%	15.69%	10.92%	12.09%	20.72%	16.46%	-15.85%	-4.83%
Cash Return on Invested Capital (CROIC)	8.86%	4.39%	4.16%	6.90%	9.99%	-76.82%	2.79%	8.19%	23.17%	55.48%
Operating Return on Assets (OROA)	4.02%	4.94%	6.33%	8.23%	6.55%	7.45%	10.09%	7.88%	2.62%	4.97%
Return on Assets (ROA)	1.62%	3.07%	3.98%	5.85%	3.78%	4.16%	7.93%	5.52%	-4.32%	-1.31%
Return on Common Equity (ROCE)	3.98%	7.67%	10.07%	15.54%	10.81%	11.92%	20.28%	16.11%	-15.53%	-4.75%
Return on Equity Simple (ROE_SIMPLE)	4.12%	7.82%	10.11%	15.21%	10.69%	9.19%	22.08%	16.24%	-17.93%	-5.32%
Net Operating Profit after Tax (NOPAT)	492	833	1,065	1,579	1,155	866	763	566	232	581
NOPAT Margin	4.08%	6.78%	9.23%	14.12%	10.44%	9.08%	9.61%	7.23%	2.68%	6.43%
Net Nonoperating Expense Percent (NNEP)	1.67%	1.67%	2.00%	3.11%	3.25%	2.76%	-1.63%	-3.04%	28.50%	14.14%
Cost of Revenue to Revenue	72.34%	73.41%	75.39%	71.58%	72.23%	72.19%	70.38%	70.05%	71.96%	74.58%
SG&A Expenses to Revenue	20.58%	17.83%	12.94%	12.54%	14.68%	15.45%	17.62%	18.83%	23.37%	15.31%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.50%	17.64%	12.36%	12.06%	14.59%	15.45%	17.62%	18.83%	23.37%	15.31%
Earnings before Interest and Taxes (EBIT)	863	1,100	1,413	1,831	1,457	1,215	1,034	925	405	913
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,264	1,469	1,789	2,218	1,846	1,548	1,291	1,193	683	1,197
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.72	1.82	1.67	1.92	1.88	1.61	3.30	3.35	4.20	2.80
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.20	1.29	1.27	1.47	1.34	1.25	1.53	1.71	1.80	1.40
Price to Earnings (P/E)	41.69	23.20	16.48	12.63	17.59	17.52	15.01	20.91	0.00	0.00
Dividend Yield	4.62%	3.97%	4.10%	3.04%	2.80%	3.48%	2.76%	2.51%	2.80%	3.37%
Earnings Yield	2.40%	4.31%	6.07%	7.92%	5.69%	5.71%	6.66%	4.78%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.37	1.41	1.33	1.46	1.41	1.27	2.21	2.44	3.07	2.54
Enterprise Value to Revenue (EV/Rev)	1.90	2.04	2.05	2.27	2.18	2.35	2.00	2.07	2.35	2.27
Enterprise Value to EBITDA (EV/EBITDA)	18.13	17.06	13.20	11.46	13.03	14.47	12.32	13.58	29.75	17.13
Enterprise Value to EBIT (EV/EBIT)	26.54	22.80	16.71	13.88	16.50	18.44	15.39	17.51	50.22	22.47
Enterprise Value to NOPAT (EV/NOPAT)	46.58	30.10	22.17	16.09	20.82	25.87	20.85	28.61	87.56	35.33
Enterprise Value to Operating Cash Flow (EV/OCF)	11.37	25.18	20.05	17.31	13.05	19.90	16.67	13.84	16.14	13.63
Enterprise Value to Free Cash Flow (EV/FCFF)	14.95	32.13	32.28	21.38	13.90	0.00	82.29	29.84	11.93	3.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.99	1.05	1.01	1.04	1.23	1.43	1.02	0.73	1.44	1.71
Long-Term Debt to Equity	0.88	0.80	0.91	0.96	1.12	1.43	0.86	0.68	1.29	1.49
Financial Leverage	1.00	1.01	1.01	1.08	1.25	1.21	0.77	0.68	0.75	1.17
Leverage Ratio	2.48	2.52	2.55	2.68	2.89	2.91	2.61	2.98	3.67	3.69
Compound Leverage Factor	1.75	2.07	2.13	2.07	1.92	1.97	2.21	2.35	0.99	2.36
Debt to Total Capital	49.79%	51.18%	50.33%	51.06%	55.08%	58.86%	50.39%	42.36%	58.97%	63.16%
Short-Term Debt to Total Capital	5.60%	11.93%	5.00%	4.14%	4.78%	0.12%	7.72%	3.21%	6.20%	8.12%
Long-Term Debt to Total Capital	44.20%	39.25%	45.33%	46.92%	50.29%	58.74%	42.67%	39.15%	52.77%	55.05%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.42%	0.39%	0.42%	0.45%	0.42%	0.44%	1.06%	1.23%	0.88%	0.67%
Common Equity to Total Capital	49.79%	48.43%	49.25%	48.49%	44.50%	40.71%	48.55%	56.41%	40.15%	36.17%
Debt to EBITDA	6.68	6.28	5.02	4.06	5.28	6.90	2.96	2.51	7.99	6.60
Net Debt to EBITDA	6.62	6.22	4.97	4.02	4.98	6.75	2.86	2.30	6.82	6.46
Long-Term Debt to EBITDA	5.93	4.82	4.52	3.73	4.82	6.88	2.50	2.32	7.15	5.75
Debt to NOPAT	17.16	11.09	8.43	5.70	8.44	12.33	5.00	5.29	23.51	13.61
Net Debt to NOPAT	17.01	10.97	8.35	5.65	7.96	12.05	4.83	4.85	20.07	13.33
Long-Term Debt to NOPAT	15.23	8.50	7.59	5.24	7.71	12.30	4.24	4.89	21.04	11.86
Altman Z-Score	1.83	1.80	1.75	1.86	1.65	1.44	2.78	3.03	2.15	1.65
Noncontrolling Interest Sharing Ratio	0.82%	0.82%	0.88%	0.93%	1.00%	1.42%	2.14%	2.14%	1.97%	1.81%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.97	0.76	0.86	0.82	0.88	1.28	0.83	1.17	1.41	1.08
Quick Ratio	0.29	0.24	0.27	0.26	0.43	0.49	0.30	0.47	0.57	0.27
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,533	780	731	1,189	1,730	-9,534	193	543	1,704	5,988
Operating Cash Flow to CapEx	520.42%	277.27%	265.04%	291.35%	518.31%	340.44%	391.71%	511.23%	520.76%	636.19%
Free Cash Flow to Firm to Interest Expense	3.56	1.90	1.93	2.83	3.55	-24.36	1.22	2.78	5.76	18.25
Operating Cash Flow to Interest Expense	4.68	2.43	3.10	3.49	3.78	2.88	6.01	5.99	4.26	4.58
Operating Cash Flow Less CapEx to Interest Expense	3.78	1.55	1.93	2.29	3.05	2.03	4.48	4.81	3.44	3.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.56	0.55	0.52	0.50	0.50	0.59	0.78	0.67	0.56	0.49
Accounts Receivable Turnover	13.21	13.49	13.89	13.52	13.17	13.75	14.02	12.90	12.47	10.05
Inventory Turnover	4.06	4.31	4.73	5.21	5.48	5.43	5.83	5.56	4.64	3.62
Fixed Asset Turnover	4.28	4.49	4.35	4.53	4.71	4.87	4.93	4.70	3.99	2.88
Accounts Payable Turnover	5.77	5.32	4.94	5.06	5.79	6.38	6.66	7.41	6.98	5.55
Days Sales Outstanding (DSO)	27.63	27.06	26.28	27.00	27.72	26.55	26.04	28.30	29.26	36.31
Days Inventory Outstanding (DIO)	89.92	84.62	77.15	70.09	66.60	67.26	62.61	65.64	78.64	100.75
Days Payable Outstanding (DPO)	63.21	68.65	73.87	72.11	63.06	57.18	54.83	49.25	52.30	65.80
Cash Conversion Cycle (CCC)	54.34	43.03	29.55	24.98	31.25	36.63	33.82	44.68	55.60	71.26
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	16,770	17,811	17,759	17,425	17,035	17,610	7,210	6,641	6,617	8,089
Invested Capital Turnover	0.70	0.69	0.66	0.65	0.64	0.77	1.15	1.18	1.18	0.84
Increase / (Decrease) in Invested Capital	-1,041	53	334	390	-576	10,400	570	23	-1,472	-5,408
Enterprise Value (EV)	22,910	25,068	23,610	25,413	24,043	22,402	15,904	16,199	20,319	20,515
Market Capitalization	14,476	15,857	14,639	16,407	14,775	11,882	12,135	13,367	15,581	12,691
Book Value per Share	$17.66	$18.32	$18.31	$17.82	$16.17	$15.20	$9.34	$9.38	$8.51	$10.60
Tangible Book Value per Share	($10.15)	($11.67)	($13.34)	($14.40)	($15.99)	($17.68)	($5.32)	($3.59)	($4.19)	($3.02)
Total Capital	16,953	18,041	17,842	17,637	17,698	18,141	7,572	7,074	9,250	12,515
Total Debt	8,441	9,234	8,980	9,006	9,747	10,677	3,816	2,996	5,455	7,905
Total Long-Term Debt	7,493	7,081	8,088	8,275	8,901	10,656	3,232	2,769	4,881	6,889
Net Debt	8,364	9,140	8,897	8,927	9,194	10,441	3,688	2,745	4,657	7,740
Capital Expenditures (CapEx)	387	359	444	504	356	331	244	229	242	237
Debt-free, Cash-free Net Working Capital (DFCFNWC)	779	1,003	323	47	-108	376	59	269	820	1,104
Debt-free Net Working Capital (DFNWC)	856	1,097	407	126	445	613	187	520	1,618	1,269
Net Working Capital (NWC)	-92	-1,056	-485	-604	-402	591	-397	293	1,044	253
Net Nonoperating Expense (NNE)	144	150	177	278	313	188	-49	-82	898	821
Net Nonoperating Obligations (NNO)	8,259	9,004	8,897	8,794	9,084	10,147	3,454	2,563	2,823	3,479
Total Depreciation and Amortization (D&A)	401	370	375	388	389	333	257	268	279	285
Debt-free, Cash-free Net Working Capital to Revenue	6.46%	8.17%	2.80%	0.42%	-0.98%	3.94%	0.74%	3.43%	9.46%	12.22%
Debt-free Net Working Capital to Revenue	7.11%	8.93%	3.52%	1.13%	4.03%	6.42%	2.36%	6.64%	18.67%	14.05%
Net Working Capital to Revenue	-0.77%	-8.60%	-4.21%	-5.40%	-3.63%	6.20%	-5.00%	3.74%	12.05%	2.80%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.73	$1.43	$1.85	$2.67	$1.72	$1.53	$2.00	$1.48	($1.22)	($0.47)
Adjusted Weighted Average Basic Shares Outstanding	478.21M	477.06M	480.09M	480.33M	487.24M	486.13M	390.89M	416.60M	564.81M	552.11M
Adjusted Diluted Earnings per Share	$0.72	$1.42	$1.84	$2.66	$1.72	$1.52	$1.98	$1.46	($1.21)	($0.47)
Adjusted Weighted Average Diluted Shares Outstanding	478.21M	477.06M	480.09M	480.33M	487.24M	486.13M	390.89M	416.60M	564.81M	552.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.53	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	478.21M	477.06M	480.09M	480.33M	487.24M	486.13M	390.89M	416.60M	564.81M	552.11M
Normalized Net Operating Profit after Tax (NOPAT)	492	833	1,065	1,579	1,147	866	763	566	232	581
Normalized NOPAT Margin	4.08%	6.78%	9.23%	14.12%	10.37%	9.08%	9.61%	7.23%	2.68%	6.43%
Pre Tax Income Margin	5.06%	7.35%	10.22%	12.61%	8.77%	8.63%	11.02%	9.32%	1.26%	6.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.00	2.68	3.72	4.35	2.99	3.10	6.51	4.73	1.37	2.78
NOPAT to Interest Expense	1.14	2.03	2.80	3.76	2.37	2.21	4.81	2.90	0.78	1.77
EBIT Less CapEx to Interest Expense	1.11	1.81	2.55	3.16	2.26	2.26	4.98	3.56	0.55	2.06
NOPAT Less CapEx to Interest Expense	0.24	1.16	1.63	2.56	1.64	1.37	3.27	1.72	-0.03	1.05
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	189.62%	91.31%	65.50%	36.48%	49.13%	52.51%	42.17%	64.04%	-64.95%	-176.58%
Augmented Payout Ratio	189.62%	113.26%	71.13%	59.40%	49.13%	52.51%	161.32%	218.36%	-64.95%	-197.34%

This table displays calculated financial ratios and metrics derived from Conagra Brands' official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	2/23/2025	11/24/2024	8/25/2024	5/26/2024	2/25/2024	11/26/2023	8/27/2023	5/28/2023	2/26/2023	11/27/2022	8/28/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.33%	-0.41%	-3.76%	-2.27%	-1.74%	-3.16%	-0.01%	2.18%	5.93%	8.30%	9.46%
EBITDA Growth	-39.77%	-8.07%	-13.92%	-368.21%	-3.69%	-15.55%	652.31%	-54.38%	25.70%	24.06%	-83.65%
EBIT Growth	-48.40%	-9.46%	-17.19%	-886.83%	-5.24%	-19.36%	3,315.13%	-73.95%	32.16%	30.60%	-104.01%
NOPAT Growth	-42.26%	1.12%	54.01%	-596.39%	-6.30%	-17.89%	3,615.58%	-68.08%	68.96%	26.69%	-103.88%
Net Income Growth	-53.01%	-0.59%	45.95%	-1,662.53%	-9.76%	-25.12%	512.77%	-76.98%	56.33%	38.53%	-132.88%
EPS Growth	-53.13%	-1.67%	44.78%	-1,587.50%	-9.86%	-24.05%	518.75%	-75.76%	57.78%	38.60%	-132.65%
Operating Cash Flow Growth	-12.52%	18.12%	-39.44%	65.86%	66.84%	1,105.57%	68.18%	-31.25%	-17.31%	-72.12%	88.63%
Free Cash Flow Firm Growth	117.42%	144.64%	685.19%	2,654.92%	495.98%	55.63%	-181.96%	125.67%	168.25%	636.02%	262.25%
Invested Capital Growth	-8.19%	-4.29%	-4.51%	-5.84%	-2.23%	-0.67%	3.49%	0.30%	1.36%	0.62%	-1.69%
Revenue Q/Q Growth	-11.08%	14.32%	-3.82%	-4.19%	-5.46%	10.47%	-2.33%	-3.67%	-6.83%	14.07%	-0.20%
EBITDA Q/Q Growth	-32.27%	-0.12%	215.95%	-176.79%	3.36%	-6.48%	261.30%	-72.43%	-9.36%	733.16%	-72.97%
EBIT Q/Q Growth	-40.23%	0.25%	174.43%	-215.68%	4.89%	-8.31%	607.24%	-86.07%	-10.74%	3,755.92%	-107.68%
NOPAT Q/Q Growth	-37.93%	-42.09%	251.37%	-210.00%	11.48%	-11.81%	387.87%	-79.24%	-8.09%	3,875.95%	-106.68%
Net Income Q/Q Growth	-49.00%	-39.07%	182.32%	-283.68%	7.90%	-10.53%	781.27%	-89.39%	-10.47%	593.16%	-149.14%
EPS Q/Q Growth	-49.15%	-39.18%	181.51%	-285.94%	6.67%	-10.45%	737.50%	-88.73%	-10.13%	593.75%	-148.48%
Operating Cash Flow Q/Q Growth	21.91%	80.79%	-44.54%	-28.43%	64.61%	-7.31%	51.88%	-28.01%	1,089.44%	-87.07%	-37.91%
Free Cash Flow Firm Q/Q Growth	50.03%	-20.67%	111.02%	-11.97%	73.51%	289.76%	-1,093.42%	-80.96%	-56.65%	-0.07%	266.78%
Invested Capital Q/Q Growth	-5.45%	-0.65%	3.26%	-5.35%	-1.44%	-0.87%	1.82%	-1.72%	0.13%	3.29%	-1.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	25.00%	26.50%	26.45%	27.70%	28.32%	26.39%	28.34%	26.35%	27.18%	27.84%	24.80%
EBITDA Margin	12.00%	15.75%	18.03%	-14.95%	18.66%	17.06%	20.16%	5.45%	19.03%	19.57%	2.68%
Operating Margin	9.49%	12.70%	14.48%	-18.71%	15.50%	13.98%	16.84%	2.32%	16.07%	16.59%	-0.52%
EBIT Margin	8.54%	12.70%	14.48%	-18.71%	15.50%	13.97%	16.83%	2.32%	16.07%	16.77%	-0.52%
Profit (Net Income) Margin	5.11%	8.90%	16.71%	-19.52%	10.18%	8.92%	11.02%	1.22%	11.09%	11.54%	-2.67%
Tax Burden Percent	76.77%	82.23%	142.35%	120.48%	84.95%	73.55%	76.49%	21.74%	87.34%	83.93%	69.01%
Interest Burden Percent	77.94%	85.28%	81.05%	86.59%	77.34%	86.83%	85.57%	241.68%	78.99%	81.95%	738.82%
Effective Tax Rate	23.23%	17.77%	-42.35%	0.00%	26.38%	26.45%	23.51%	-10.96%	25.55%	26.90%	0.00%
Return on Invested Capital (ROIC)	5.03%	7.08%	13.89%	-9.13%	7.71%	6.94%	8.87%	1.78%	8.12%	8.09%	-0.24%
ROIC Less NNEP Spread (ROIC-NNEP)	4.26%	6.51%	12.66%	-11.29%	7.29%	6.46%	8.27%	1.33%	7.82%	7.88%	-0.98%
Return on Net Nonoperating Assets (RNNOA)	3.78%	6.31%	12.77%	-11.25%	7.10%	6.62%	8.55%	1.35%	8.00%	8.38%	-1.03%
Return on Equity (ROE)	8.81%	13.39%	26.65%	-20.38%	14.81%	13.56%	17.42%	3.13%	16.12%	16.47%	-1.28%
Cash Return on Invested Capital (CROIC)	12.52%	8.71%	8.79%	8.86%	8.27%	7.28%	3.66%	4.39%	3.41%	3.26%	5.15%
Operating Return on Assets (OROA)	4.70%	7.02%	7.93%	-10.51%	8.46%	7.64%	9.27%	1.28%	8.73%	8.98%	-0.28%
Return on Assets (ROA)	2.81%	4.92%	9.15%	-10.96%	5.56%	4.88%	6.07%	0.67%	6.02%	6.17%	-1.41%
Return on Common Equity (ROCE)	8.78%	13.33%	26.55%	-20.22%	14.70%	13.46%	17.28%	3.10%	15.99%	16.33%	-1.27%
Return on Equity Simple (ROE_SIMPLE)	3.75%	5.60%	5.69%	0.00%	10.39%	10.94%	12.16%	0.00%	9.07%	7.86%	6.76%
Net Operating Profit after Tax (NOPAT)	207	334	576	-381	346	330	374	77	369	402	-11
NOPAT Margin	7.29%	10.44%	20.61%	-13.10%	11.41%	10.28%	12.88%	2.58%	11.96%	12.13%	-0.37%
Net Nonoperating Expense Percent (NNEP)	0.78%	0.57%	1.23%	2.16%	0.42%	0.48%	0.60%	0.45%	0.30%	0.21%	0.74%
Return On Investment Capital (ROIC_SIMPLE)	1.22%	1.93%	-	-	-	1.82%	-	-	-	-	-
Cost of Revenue to Revenue	75.00%	73.50%	73.55%	72.30%	71.68%	73.61%	71.66%	73.65%	72.82%	72.16%	75.20%
SG&A Expenses to Revenue	15.62%	13.90%	12.08%	46.84%	12.77%	12.41%	11.50%	24.43%	11.30%	11.25%	25.53%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.51%	13.80%	11.97%	46.41%	12.82%	12.41%	11.50%	24.02%	11.11%	11.25%	25.32%
Earnings before Interest and Taxes (EBIT)	243	406	405	-544	470	448	489	69	496	556	-15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	341	503	504	-435	566	547	585	162	588	648	78
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.40	1.49	1.68	1.72	1.48	1.44	1.54	1.82	1.88	1.95	1.85
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.05	1.10	1.23	1.20	1.12	1.07	1.11	1.29	1.36	1.40	1.34
Price to Earnings (P/E)	37.41	26.57	29.63	41.69	14.21	13.19	12.63	23.20	20.69	24.75	27.37
Dividend Yield	5.43%	5.11%	4.57%	4.62%	4.88%	5.00%	4.68%	3.97%	3.73%	3.65%	3.86%
Earnings Yield	2.67%	3.76%	3.37%	2.40%	7.04%	7.58%	7.92%	4.31%	4.83%	4.04%	3.65%
Enterprise Value to Invested Capital (EV/IC)	1.25	1.25	1.34	1.37	1.25	1.23	1.26	1.41	1.43	1.45	1.42
Enterprise Value to Revenue (EV/Rev)	1.74	1.80	1.95	1.90	1.83	1.81	1.87	2.04	2.12	2.18	2.10
Enterprise Value to EBITDA (EV/EBITDA)	21.71	18.91	19.70	18.13	11.93	11.72	11.58	17.06	16.25	18.03	18.51
Enterprise Value to EBIT (EV/EBIT)	38.09	29.23	29.91	26.54	15.04	14.69	14.28	22.80	21.10	24.10	25.63
Enterprise Value to NOPAT (EV/NOPAT)	30.21	28.28	31.44	46.58	20.58	18.53	18.11	30.10	30.25	37.62	40.67
Enterprise Value to Operating Cash Flow (EV/OCF)	11.15	11.23	12.65	11.37	12.17	14.22	19.49	25.18	22.97	21.68	19.06
Enterprise Value to Free Cash Flow (EV/FCFF)	9.59	14.04	14.95	14.95	14.97	16.81	35.09	32.13	42.25	44.75	27.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.93	0.96	1.01	0.99	0.94	1.00	1.04	1.05	1.04	1.08	1.05
Long-Term Debt to Equity	0.71	0.71	0.86	0.88	0.81	0.83	0.86	0.80	0.90	0.92	0.88
Financial Leverage	0.89	0.97	1.01	1.00	0.97	1.03	1.03	1.01	1.02	1.06	1.05
Leverage Ratio	2.37	2.41	2.47	2.48	2.44	2.50	2.54	2.52	2.53	2.57	2.60
Compound Leverage Factor	1.85	2.06	2.00	2.15	1.89	2.17	2.18	6.08	2.00	2.11	19.21
Debt to Total Capital	48.13%	49.02%	50.22%	49.79%	48.47%	49.99%	50.87%	51.18%	50.87%	51.83%	51.32%
Short-Term Debt to Total Capital	11.28%	12.89%	7.37%	5.60%	6.62%	8.69%	8.39%	11.93%	6.46%	7.28%	8.28%
Long-Term Debt to Total Capital	36.85%	36.13%	42.85%	44.20%	41.85%	41.30%	42.49%	39.25%	44.42%	44.55%	43.05%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.42%	0.39%	0.39%	0.39%	0.39%	0.40%	0.39%	0.41%
Common Equity to Total Capital	51.87%	50.98%	49.78%	49.79%	51.14%	49.63%	48.74%	48.43%	48.73%	47.78%	48.27%
Debt to EBITDA	8.67	7.44	7.42	6.68	4.66	4.82	4.69	6.28	5.80	6.44	6.75
Net Debt to EBITDA	8.61	7.41	7.31	6.62	4.62	4.78	4.64	6.22	5.76	6.42	6.70
Long-Term Debt to EBITDA	6.64	5.48	6.33	5.93	4.03	3.98	3.92	4.82	5.07	5.54	5.66
Debt to NOPAT	12.06	11.12	11.84	17.16	8.04	7.61	7.33	11.09	10.80	13.45	14.83
Net Debt to NOPAT	11.99	11.07	11.67	17.01	7.97	7.56	7.26	10.97	10.72	13.39	14.72
Long-Term Debt to NOPAT	9.23	8.20	10.10	15.23	6.95	6.29	6.12	8.50	9.43	11.56	12.44
Altman Z-Score	1.59	1.64	1.75	1.61	1.70	1.63	1.64	1.65	1.77	1.75	1.57
Noncontrolling Interest Sharing Ratio	0.39%	0.39%	0.40%	0.82%	0.78%	0.80%	0.82%	0.82%	0.85%	0.85%	0.88%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.69	0.70	0.94	0.97	0.95	0.91	0.91	0.76	0.97	0.92	0.78
Quick Ratio	0.19	0.20	0.29	0.29	0.29	0.27	0.27	0.24	0.29	0.26	0.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,659	1,105	1,394	660	750	452	-238	24	126	290	291
Operating Cash Flow to CapEx	671.20%	607.00%	202.41%	618.52%	708.59%	586.45%	309.27%	308.34%	518.01%	54.47%	213.70%
Free Cash Flow to Firm to Interest Expense	16.44	10.22	13.17	6.31	7.04	3.99	-2.25	0.22	1.21	2.89	2.99
Operating Cash Flow to Interest Expense	5.87	4.49	2.54	4.63	6.35	3.63	4.18	2.70	3.89	0.34	2.72
Operating Cash Flow Less CapEx to Interest Expense	4.99	3.75	1.28	3.88	5.46	3.01	2.83	1.83	3.14	-0.28	1.44
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.55	0.55	0.55	0.56	0.55	0.55	0.55	0.55	0.54	0.54	0.53
Accounts Receivable Turnover	13.92	13.03	12.54	13.21	12.92	12.92	13.95	13.49	13.03	12.76	14.52
Inventory Turnover	4.21	3.89	3.77	4.06	3.96	3.84	3.85	4.31	4.43	4.27	4.25
Fixed Asset Turnover	4.18	4.19	4.12	4.28	4.34	4.37	4.37	4.49	4.56	4.53	4.41
Accounts Payable Turnover	6.08	5.70	5.66	5.77	5.91	5.78	5.26	5.32	5.71	5.63	5.05
Days Sales Outstanding (DSO)	26.22	28.01	29.11	27.63	28.26	28.26	26.16	27.06	28.01	28.61	25.13
Days Inventory Outstanding (DIO)	86.60	93.75	96.88	89.92	92.23	95.06	94.70	84.62	82.43	85.41	85.78
Days Payable Outstanding (DPO)	60.01	64.06	64.51	63.21	61.80	63.11	69.36	68.65	63.90	64.84	72.29
Cash Conversion Cycle (CCC)	52.82	57.71	61.49	54.34	58.69	60.20	51.51	43.03	46.54	49.18	38.63
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	16,267	17,206	17,318	16,770	17,719	17,978	18,135	17,811	18,123	18,100	17,523
Invested Capital Turnover	0.69	0.68	0.67	0.70	0.68	0.67	0.69	0.69	0.68	0.67	0.67
Increase / (Decrease) in Invested Capital	-1,452	-772	-818	-1,041	-404	-122	612	53	243	111	-301
Enterprise Value (EV)	20,406	21,513	23,291	22,910	22,197	22,073	22,905	25,068	25,916	26,302	24,795
Market Capitalization	12,310	13,087	14,648	14,476	13,528	12,995	13,654	15,857	16,659	16,869	15,748
Book Value per Share	$18.39	$18.44	$18.18	$17.66	$19.15	$18.84	$18.62	$18.32	$18.60	$18.08	$17.71
Tangible Book Value per Share	($8.82)	($9.81)	($10.08)	($10.15)	($10.68)	($11.03)	($11.50)	($11.67)	($12.33)	($12.71)	($13.07)
Total Capital	16,924	17,264	17,468	16,953	17,903	18,144	18,229	18,041	18,194	18,139	17,619
Total Debt	8,145	8,464	8,772	8,441	8,677	9,070	9,274	9,234	9,256	9,402	9,042
Total Long-Term Debt	6,237	6,238	7,486	7,493	7,492	7,493	7,745	7,081	8,081	8,082	7,584
Net Debt	8,096	8,426	8,644	8,364	8,599	9,008	9,180	9,140	9,185	9,362	8,975
Capital Expenditures (CapEx)	88	80	133	78	96	70	143	95	78	63	123
Debt-free, Cash-free Net Working Capital (DFCFNWC)	521	834	927	779	922	1,151	1,069	1,003	997	974	464
Debt-free Net Working Capital (DFNWC)	570	872	1,056	856	1,000	1,212	1,162	1,097	1,068	1,014	532
Net Working Capital (NWC)	-1,338	-1,354	-231	-92	-185	-364	-367	-1,056	-106	-306	-927
Net Nonoperating Expense (NNE)	62	49	109	187	37	44	54	40	27	20	67
Net Nonoperating Obligations (NNO)	7,488	8,405	8,622	8,259	8,493	8,903	9,180	9,004	9,185	9,362	8,947
Total Depreciation and Amortization (D&A)	98	98	99	109	96	99	97	93	92	93	93
Debt-free, Cash-free Net Working Capital to Revenue	4.44%	6.99%	7.77%	6.46%	7.61%	9.45%	8.70%	8.17%	8.16%	8.09%	3.94%
Debt-free Net Working Capital to Revenue	4.86%	7.31%	8.84%	7.11%	8.26%	9.96%	9.46%	8.93%	8.75%	8.42%	4.51%
Net Working Capital to Revenue	-11.40%	-11.35%	-1.93%	-0.77%	-1.53%	-2.99%	-2.99%	-8.60%	-0.87%	-2.54%	-7.86%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.30	$0.60	$0.97	($1.18)	$0.64	$0.60	$0.67	$0.07	$0.72	$0.80	($0.16)
Adjusted Weighted Average Basic Shares Outstanding	477.36M	477.32M	477.27M	478.21M	478.06M	478.01M	477.97M	477.06M	476.91M	476.62M	479.26M
Adjusted Diluted Earnings per Share	$0.30	$0.59	$0.97	($1.19)	$0.64	$0.60	$0.67	$0.08	$0.71	$0.79	($0.16)
Adjusted Weighted Average Diluted Shares Outstanding	477.36M	477.32M	477.27M	478.21M	478.06M	478.01M	477.97M	477.06M	476.91M	476.62M	479.26M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	477.36M	477.32M	477.27M	478.21M	478.06M	478.01M	477.97M	477.06M	476.91M	476.62M	479.26M
Normalized Net Operating Profit after Tax (NOPAT)	207	334	283	-381	346	330	374	48	369	402	-11
Normalized NOPAT Margin	7.29%	10.44%	10.14%	-13.10%	11.41%	10.28%	12.88%	1.63%	11.96%	12.13%	-0.37%
Pre Tax Income Margin	6.65%	10.83%	11.74%	-16.20%	11.99%	12.13%	14.40%	5.62%	12.69%	13.75%	-3.87%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.40	3.75	3.83	-5.19	4.41	3.96	4.61	0.64	4.76	5.54	-0.16
NOPAT to Interest Expense	2.05	3.08	5.45	-3.64	3.25	2.91	3.53	0.71	3.54	4.01	-0.11
EBIT Less CapEx to Interest Expense	1.53	3.01	2.57	-5.94	3.52	3.34	3.26	-0.24	4.01	4.92	-1.43
NOPAT Less CapEx to Interest Expense	1.18	2.34	4.19	-4.38	2.35	2.29	2.18	-0.17	2.79	3.38	-1.38
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	203.31%	135.84%	135.27%	189.62%	68.27%	64.99%	58.41%	91.31%	76.60%	89.30%	104.30%
Augmented Payout Ratio	222.75%	148.82%	148.21%	189.62%	68.27%	64.99%	67.67%	113.26%	95.24%	111.32%	112.99%

Frequently Asked Questions About Conagra Brands' Financials

When does Conagra Brands's financial year end?

According to the most recent income statement we have on file, Conagra Brands' fiscal year ends in May. Their fiscal year 2024 ended on May 26, 2024.

How has Conagra Brands' net income changed over the last 9 years?

Conagra Brands' net income appears to be on an upward trend, with a most recent value of $347.70 million in 2024, falling from -$240.80 million in 2015. The previous period was $683.20 million in 2023. View Conagra Brands' forecast to see where analysts expect Conagra Brands to go next.

What is Conagra Brands's operating income?

Conagra Brands's total operating income in 2024 was $863.10 million, based on the following breakdown:

Total Gross Profit: $3.33 billion
Total Operating Expenses: $2.47 billion

How has Conagra Brands revenue changed over the last 9 years?

Over the last 9 years, Conagra Brands' total revenue changed from $9.03 billion in 2015 to $12.05 billion in 2024, a change of 33.4%.

How much debt does Conagra Brands have?

Conagra Brands' total liabilities were at $12.35 billion at the end of 2024, a 6.8% decrease from 2023, and a 3.7% decrease since 2015.

How much cash does Conagra Brands have?

In the past 9 years, Conagra Brands' cash and equivalents has ranged from $77.70 million in 2024 to $798.10 million in 2016, and is currently $77.70 million as of their latest financial filing in 2024.

How has Conagra Brands' book value per share changed over the last 9 years?

Over the last 9 years, Conagra Brands' book value per share changed from 10.60 in 2015 to 17.66 in 2024, a change of 66.6%.

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This page (NYSE:CAG) was last updated on 5/29/2025 by MarketBeat.com Staff

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Conagra Brands (CAG) Financials

Frequently Asked Questions About Conagra Brands' Financials

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Conagra Brands (CAG) Financials

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