CAG Financials Conagra Brands

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 30 h ago Overview →

Growth & profitability

Revenue has grown 1.0% per year over the past 5 years.
Net income has grown faster than revenue (6.5% vs 1.0% per year).
Operating margin has contracted, at 11.8% in the latest year.
Free cash flow has declined 2.4% per year over the past 5 years.

Financial health

Total debt ($8.1B) exceeds cash ($68M); net debt is $8.0B.
Total debt has grown slower than revenue (-3.7% vs 1.0% per year).
Total debt is 4.6× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 58.1% of earnings and 51.4% of free cash flow.
The dividend has grown 10.1% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$11.6B	$1.2B	25.9%	11.8%	$1.3B	$8.1B	$68M
2024	$12.1B	$347M	27.7%	7.1%	$1.6B	$8.4B	$78M
2023	$12.3B	$684M	26.6%	8.8%	$633M	$9.2B	$93M
2022	$11.5B	$888M	24.6%	13.8%	$713M	$9.0B	$83M
2021	$11.2B	$1.3B	28.4%	19.1%	$962M	$9.0B	$79M
2020	$11.1B	$840M	27.8%	16.4%	$1.5B	$9.8B	$553M
2019	$9.5B	$678M	27.8%	17.2%	$772M	$10.7B	$237M
2018	$7.9B	$808M	29.6%	17.8%	$703M	$3.5B	$128M
2017	$7.8B	$639M	29.9%	15.8%	$928M	$3.0B	$251M
2016	—	-$677M	—	—	$982M	$5.4B	$798M
2015	—	-$253M	—	—	$1.3B	$7.9B	$134M
2014	—	$303M	—	—	$1.1B	$9.0B	$118M
2013	—	$774M	—	—	$990M	$9.6B	$151M
2012	—	$468M	—	—	$716M	$2.9B	$86M
2011	—	$818M	—	—	$886M	$3.2B	$972M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Feb '26	$2.8B	$200M	23.6%	10.0%	$469M	$7.3B	$55M
Nov '25	$3.0B	-$664M	23.4%	-20.1%	$139M	$7.6B	$47M
Aug '25	$2.6B	$165M	24.3%	13.2%	-$26M	$8.3B	$698M
May '25	$2.8B	$256M	25.4%	0.1%	$261M	$8.1B	$68M
Feb '25	$2.8B	$145M	25.0%	8.4%	$503M	$8.1B	$49M
Nov '24	$3.2B	$285M	26.5%	12.6%	$403M	$8.5B	$37M
Aug '24	$2.8B	$467M	26.5%	14.4%	$136M	$8.8B	$129M
May '24	$2.9B	-$567M	27.7%	-27.3%	$406M	$8.4B	$78M
Feb '24	$3.0B	$309M	28.3%	19.1%	$581M	$8.7B	$79M
Nov '23	$3.2B	$286M	26.4%	16.9%	$341M	$9.1B	$62M
Aug '23	$2.9B	$320M	28.3%	18.1%	$300M	$9.3B	$93M
May '23	$3.0B	$38M	26.3%	5.5%	$197M	$9.2B	$93M
Feb '23	$3.1B	$342M	27.2%	18.8%	$327M	$9.3B	$71M
Nov '22	$3.3B	$382M	27.8%	19.8%	-$29M	$9.4B	$40M
Aug '22	$2.9B	-$78M	24.8%	2.1%	$138M	$9.0B	$67M
May '22	$2.9B	$159M	24.5%	9.2%	$325M	$9.0B	$83M
Feb '22	$2.9B	$218M	23.9%	14.6%	$384M	$9.2B	$80M
Nov '21	$3.1B	$276M	24.7%	15.3%	$20M	$9.4B	$69M
Aug '21	$2.7B	$235M	25.4%	16.1%	-$15M	$9.3B	$67M
May '21	$2.7B	$310M	26.3%	13.4%	$288M	$9.0B	$79M

Valuation over time

How the market has priced CAG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 20.2× (Mar '23) to 5.7× (Jun '26).
The price-to-sales ratio has fallen from 1.6× (Mar '23) to 0.6× (Jun '26).
The dividend yield has risen from 3.2% (Mar '23) to 10.1% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is CAG growing its revenue and profit?

Over the past 5 years, Conagra Brands's revenue has grown 1.0% per year, and net income grown 6.5% per year. These are computed facts, not advice.

How much debt does CAG have?

As of FY2025, Conagra Brands reported $8.1B of total debt against $68M of cash.

What is CAG's profit margin?

In FY2025, gross margin was 25.9%, operating margin 11.8%, and net margin 9.9%.

What is CAG's P/E ratio?

As of Jun '26, Conagra Brands traded at a price-to-earnings ratio of about 5.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.