Stocks · Consumer staples · Food and Kindred Products

CONAGRA BRANDS INC.

CAG Clue Score34
United States Fiscal year ends May CIK 0000023217
$13.49 -0.59% Close, 9 Oct 2026
Price $13.49 −59.79% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue7.83Operating income1.24Net income0.64EPS, diluted1.46Fiscal year 2018Revenue7.94 +1.4%Operating income1.41Net income0.81 +26.5%EPS, diluted1.98 +35.6%Fiscal year 2019Revenue9.54 +20.2%Operating income1.64Net income0.68 −16.1%EPS, diluted1.52 −23.2%Fiscal year 2020Revenue11.05 +15.9%Operating income1.82Net income0.84 +23.9%EPS, diluted1.72 +13.2%Fiscal year 2021Revenue11.18 +1.2%Operating income2.14Net income1.30 +54.6%EPS, diluted2.66 +54.7%Fiscal year 2022Revenue11.54 +3.1%Operating income1.59Net income0.89 −31.6%EPS, diluted1.84 −30.8%Fiscal year 2023Revenue12.28 +6.4%Operating income1.08Net income0.68 −23.0%EPS, diluted1.42 −22.8%Fiscal year 2024Revenue12.05 −1.8%Operating income0.85Net income0.35 −49.2%EPS, diluted0.72 −49.3%Fiscal year 2025Revenue11.61 −3.6%Operating income1.36Net income1.15 +231.9%EPS, diluted2.40 +233.3%Fiscal year 2026Revenue11.28 −2.9%Operating income−1.63Net income−1.92 −266.3%EPS, diluted−4.00 −266.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 7.83 7.94 9.54 11.05 11.18 11.54 12.28 12.05 11.61 11.28
Growth +1.4% +20.2% +15.9% +1.2% +3.1% +6.4% −1.8% −3.6% −2.9%
Operating income 1.24 1.41 1.64 1.82 2.14 1.59 1.08 0.85 1.36 −1.63
Net income 0.64 0.81 0.68 0.84 1.30 0.89 0.68 0.35 1.15 −1.92
Growth +26.5% −16.1% +23.9% +54.6% −31.6% −23.0% −49.2% +231.9% −266.3%
EPS, diluted 1.46 1.98 1.52 1.72 2.66 1.84 1.42 0.72 2.40 −4.00
Growth +35.6% −23.2% +13.2% +54.7% −30.8% −22.8% −49.3% +233.3% −266.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Operating margin15.8%Net margin8.2%Free cash flow margin11.9%Fiscal year 2018Operating margin17.8%Net margin10.2%Free cash flow margin8.9%Fiscal year 2019Operating margin17.2%Net margin7.1%Free cash flow margin8.1%Fiscal year 2020Operating margin16.4%Net margin7.6%Free cash flow margin13.3%Fiscal year 2021Operating margin19.1%Net margin11.6%Free cash flow margin8.6%Fiscal year 2022Operating margin13.8%Net margin7.7%Free cash flow margin6.2%Fiscal year 2023Gross margin26.6%Operating margin8.8%Net margin5.6%Free cash flow margin5.2%Fiscal year 2024Gross margin27.7%Operating margin7.1%Net margin2.9%Free cash flow margin13.5%Fiscal year 2025Gross margin25.9%Operating margin11.8%Net margin9.9%Free cash flow margin11.2%Fiscal year 2026Gross margin23.9%Operating margin−14.4%Net margin−17.0%Free cash flow margin8.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin n/a n/a n/a n/a n/a n/a 26.6% 27.7% 25.9% 23.9%
Operating margin 15.8% 17.8% 17.2% 16.4% 19.1% 13.8% 8.8% 7.1% 11.8% −14.4%
Net margin 8.2% 10.2% 7.1% 7.6% 11.6% 7.7% 5.6% 2.9% 9.9% −17.0%
Free cash flow margin 11.9% 8.9% 8.1% 13.3% 8.6% 6.2% 5.2% 13.5% 11.2% 8.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow1.17Capital expenditure−0.24Free cash flow0.93Buybacks−1.00Dividends paid−0.42Fiscal year 2018Operating cash flow0.95Capital expenditure−0.25Free cash flow0.70 −24.3%Buybacks−0.97Dividends paid−0.34Fiscal year 2019Operating cash flow1.13Capital expenditure−0.35Free cash flow0.77 +9.9%Buybacks0.00Dividends paid−0.36Fiscal year 2020Operating cash flow1.84Capital expenditure−0.37Free cash flow1.47 +90.7%Buybacks0.00Dividends paid−0.41Fiscal year 2021Operating cash flow1.47Capital expenditure−0.51Free cash flow0.96 −34.7%Buybacks−0.30Dividends paid−0.47Fiscal year 2022Operating cash flow1.18Capital expenditure−0.46Free cash flow0.71 −25.9%Buybacks−0.05Dividends paid−0.58Fiscal year 2023Operating cash flow1.00Capital expenditure−0.36Free cash flow0.63 −11.2%Buybacks−0.15Dividends paid−0.62Fiscal year 2024Operating cash flow2.02Capital expenditure−0.39Free cash flow1.63 +157.0%Dividends paid−0.66Fiscal year 2025Operating cash flow1.69Capital expenditure−0.39Free cash flow1.30 −20.0%Buybacks−0.06Dividends paid−0.67Fiscal year 2026Operating cash flow1.40Capital expenditure−0.42Free cash flow0.98 −24.9%Buybacks−0.02Dividends paid−0.67
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 1.17 0.95 1.13 1.84 1.47 1.18 1.00 2.02 1.69 1.40
Capital expenditure −0.24 −0.25 −0.35 −0.37 −0.51 −0.46 −0.36 −0.39 −0.39 −0.42
Free cash flow 0.93 0.70 0.77 1.47 0.96 0.71 0.63 1.63 1.30 0.98
Growth −24.3% +9.9% +90.7% −34.7% −25.9% −11.2% +157.0% −20.0% −24.9%
Buybacks −1.00 −0.97 0.00 0.00 −0.30 −0.05 −0.15 n/a −0.06 −0.02
Dividends paid −0.42 −0.34 −0.36 −0.41 −0.47 −0.58 −0.62 −0.66 −0.67 −0.67

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.25Total debt2.97Net cash (debt)−2.72Shareholders’ equity3.99Debt to equity0.74Fiscal year 2018Cash0.13Total debt3.54Net cash (debt)−3.41Shareholders’ equity3.68Debt to equity0.96Fiscal year 2019Cash0.24Total debt10.68Net cash (debt)−10.44Shareholders’ equity7.38Debt to equity1.45Fiscal year 2020Cash0.55Total debt9.75Net cash (debt)−9.19Shareholders’ equity7.88Debt to equity1.24Fiscal year 2021Cash0.08Total debt8.30Net cash (debt)−8.22Shareholders’ equity8.55Debt to equity0.97Fiscal year 2022Cash0.08Total debt8.80Net cash (debt)−8.71Shareholders’ equity8.79Debt to equity1.00Fiscal year 2023Cash0.09Total debt8.60Net cash (debt)−8.50Shareholders’ equity8.74Debt to equity0.98Fiscal year 2024Cash0.08Total debt7.51Net cash (debt)−7.44Shareholders’ equity8.44Debt to equity0.89Fiscal year 2025Cash0.07Total debt7.26Net cash (debt)−7.19Shareholders’ equity8.93Debt to equity0.81Fiscal year 2026Cash0.22Total debt7.23Net cash (debt)−7.02Shareholders’ equity6.36Debt to equity1.14
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 0.25 0.13 0.24 0.55 0.08 0.08 0.09 0.08 0.07 0.22
Total debt 2.97 3.54 10.68 9.75 8.30 8.80 8.60 7.51 7.26 7.23
Net cash (debt) −2.72 −3.41 −10.44 −9.19 −8.22 −8.71 −8.50 −7.44 −7.19 −7.02
Shareholders’ equity 3.99 3.68 7.38 7.88 8.55 8.79 8.74 8.44 8.93 6.36
Debt to equity 0.74 0.96 1.45 1.24 0.97 1.00 0.98 0.89 0.81 1.14

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending May, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 28 May 2017 FY2018 27 May 2018 FY2019 26 May 2019 FY2020 31 May 2020 FY2021 30 May 2021 FY2022 29 May 2022 FY2023 28 May 2023 FY2024 26 May 2024 FY2025 25 May 2025 FY2026 31 May 2026
Assets
0.25 0.13 0.24 0.55 0.08 0.08 0.09 0.08 0.07 0.22
0.93 0.99 1.55 1.36 1.71 1.97 2.21 1.98 2.05 1.91
1.63 1.59 2.33 2.37 2.57 2.74 2.74 2.82 2.84 n/a
4.28 4.48 11.36 11.33 11.34 11.26 10.85 10.33 10.50 8.12
10.10 10.39 22.21 22.30 22.20 22.44 22.05 20.86 20.93 17.27
Growth +2.9% +113.8% +0.4% −0.5% +1.1% −1.7% −5.4% +0.3% −17.5%
Liabilities
0.20 0.31 0.02 0.85 0.02 0.71 1.52 0.02 1.03 0.78
2.77 3.23 10.66 8.90 8.28 8.09 7.08 7.49 6.23 6.46
calc 2.97 3.54 10.68 9.75 8.30 8.80 8.60 7.51 7.26 7.23
6.02 6.63 14.75 14.35 13.56 13.57 13.25 12.35 12.00 10.92
Equity
4.25 4.74 5.05 5.47 6.26 6.55 6.60 6.28 6.76 4.17
3.99 3.68 7.38 7.88 8.55 8.79 8.74 8.44 8.93 6.36
Growth −7.9% +100.9% +6.7% +8.6% +2.8% −0.6% −3.4% +5.8% −28.8%
Per share and net cash
calc −2.72 −3.41 −10.44 −9.19 −8.22 −8.71 −8.50 −7.44 −7.19 −7.02
416.6 390.9 486.1 487.2 480.3 480.1 477.1 478.2 477.4 478.6
calc 9.58 9.40 15.19 16.16 17.80 18.30 18.31 17.65 18.71 13.28

Lines marked calc are worked out here from filed figures; point at one for how.