CAG Financials Conagra Brands

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 62 d ago Overview →

Growth & profitability

Revenue has grown 0.2% per year over the past 5 years.
Operating margin has contracted, at -14.4% in the latest year.
Free cash flow has grown 0.4% per year over the past 5 years.

Financial health

Total debt ($7.3B) exceeds cash ($218M); net debt is $7.0B.
Total debt has grown slower than revenue (-4.2% vs 0.2% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 68.4% of free cash flow.
The dividend has grown 7.1% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2026	$11.3B	-$1.9B	23.9%	-14.4%	-30.1%	-11.1%	$979M	$7.3B	$218M
2025	$11.6B	$1.2B	25.9%	11.8%	12.9%	5.5%	$1.3B	$8.1B	$68M
2024	$12.1B	$347M	27.7%	7.1%	4.1%	1.7%	$1.6B	$8.4B	$78M
2023	$12.3B	$684M	26.6%	8.8%	7.8%	3.1%	$633M	$9.2B	$93M
2022	$11.5B	$888M	24.6%	13.8%	10.0%	4.0%	$713M	$9.0B	$83M
2021	$11.2B	$1.3B	28.4%	19.1%	15.0%	5.9%	$962M	$9.0B	$79M
2020	$11.1B	$840M	27.8%	16.4%	10.6%	3.8%	$1.5B	$9.8B	$553M
2019	$9.5B	$678M	27.8%	17.2%	9.1%	3.1%	$772M	$10.7B	$237M
2018	$7.9B	$808M	29.6%	17.8%	21.5%	7.8%	$703M	$3.5B	$128M
2017	$7.8B	$639M	29.9%	15.8%	15.7%	6.3%	$928M	$3.0B	$251M
2016	—	-$677M	—	—	-17.8%	-5.1%	$982M	$5.4B	$798M
2015	—	-$253M	—	—	-5.5%	-1.4%	$1.3B	$7.9B	$134M
2014	—	$303M	—	—	5.7%	1.6%	$1.1B	$9.0B	$118M
2013	—	$774M	—	—	14.4%	3.8%	$990M	$9.6B	$151M
2012	—	$468M	—	—	10.3%	4.1%	$716M	$2.9B	$86M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
May '26	$2.9B	-$1.6B	24.4%	-57.5%	-25.4%	-9.4%	$397M	$7.3B	$218M
Feb '26	$2.8B	$200M	23.6%	10.0%	2.4%	1.0%	$469M	$7.3B	$55M
Nov '25	$3.0B	-$664M	23.4%	-20.1%	-8.2%	-3.4%	$139M	$7.6B	$47M
Aug '25	$2.6B	$165M	24.3%	13.2%	1.8%	0.8%	-$26M	$8.3B	$698M
May '25	$2.8B	$256M	25.4%	11.5%	2.9%	1.2%	$261M	$8.1B	$68M
Feb '25	$2.8B	$145M	25.0%	8.4%	1.7%	0.7%	$503M	$8.1B	$49M
Nov '24	$3.2B	$285M	26.5%	12.6%	3.2%	1.4%	$403M	$8.5B	$37M
Aug '24	$2.8B	$467M	26.5%	14.4%	5.4%	2.2%	$136M	$8.8B	$129M
May '24	$2.9B	-$567M	27.7%	-27.3%	-6.7%	-2.7%	$406M	$8.4B	$78M
Feb '24	$3.0B	$309M	28.3%	19.1%	3.3%	1.4%	$581M	$8.7B	$79M
Nov '23	$3.2B	$286M	26.4%	16.9%	3.2%	1.3%	$341M	$9.1B	$62M
Aug '23	$2.9B	$320M	28.3%	18.1%	3.6%	1.4%	$300M	$9.3B	$93M
May '23	$3.0B	$38M	26.3%	5.5%	0.4%	0.2%	$197M	$9.2B	$93M
Feb '23	$3.1B	$342M	27.2%	18.8%	3.8%	1.5%	$327M	$9.3B	$71M
Nov '22	$3.3B	$382M	27.8%	19.8%	4.4%	1.7%	-$29M	$9.4B	$40M
Aug '22	$2.9B	-$78M	24.8%	2.1%	-0.9%	-0.3%	$138M	$9.0B	$67M
May '22	$2.9B	$159M	24.5%	9.2%	1.8%	0.7%	$325M	$9.0B	$83M
Feb '22	$2.9B	$218M	23.9%	14.6%	2.5%	1.0%	$384M	$9.2B	$80M
Nov '21	$3.1B	$276M	24.7%	15.3%	3.1%	1.2%	$20M	$9.4B	$69M
Aug '21	$2.7B	$235M	25.4%	16.1%	2.7%	1.0%	-$15M	$9.3B	$67M

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 5.5× (May '26).
The price-to-sales ratio has fallen from 1.6× (Mar '23) to 0.7× (Sep '26).
The dividend yield has risen from 3.2% (Mar '23) to 9.0% (Sep '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 0.2% per year. These are computed facts, not advice.

How much debt does CAG have?

As of FY2026, Conagra Brands reported $7.3B of total debt against $218M of cash.

What is CAG's profit margin?

In FY2026, gross margin was 23.9%, operating margin -14.4%, and net margin -17.0%.

What is CAG's P/E ratio?

As of Sep '26, Conagra Brands traded at a price-to-earnings ratio of about 5.5× (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.