What is Conagra Brands, Inc.'s earnings per share (EPS)?

Conagra Brands, Inc. (CAG) reported diluted earnings per share of -$4.00 for fiscal year 2026. This represents a -266.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Conagra Brands, Inc. (CAG) Financials

CAG

Trailing 12 months to August 30, 2026

Revenue $11.2B -1.8% YoY

Net Income -$1.9B -324.2% YoY

EPS (Diluted) -$3.98 -326.1% YoY

Free Cash Flow $877.0M -23.1% YoY

Market Cap $6.4B as of Oct 3, 2026

Price / Sales 0.6x on $11.2B revenue, trailing 12 months to August 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to August 30, 2026

Price / Book 1.0x on $6.4B equity, Q1 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Aug 30, 2026 Reported Sep 30, 2026 Currency USD FYE May

Newest figures come from the 10-Q for Q1 FY2027, filed Sep 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CAG SEC filings page.

Conagra Brands, Inc. (CAG) reported $11.2B in revenue over the twelve months to Aug 30, 2026, down 1.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CAG FY2026 2026-09-30

The business remains cash-generative, but FY2026 shows shrinking sales, thinner margins, and a balance-sheet contraction behind a severe accounting loss.

FY2026 paired a net loss of $1.9B with operating cash flow of $1.4B. With free cash flow at $979M versus $1.3B in FY2025, that separation indicates cash conversion relied on non-earnings items and timing rather than current-period profitability; cash and earnings were moving in opposite directions.

Revenue fell to $11.3B in FY2026 from $12.3B in FY2023, marking a multi-year contraction rather than a one-year pause. Gross margin narrowed to 23.9% from 27.7% in FY2024, so the smaller top line also carried less gross profit into the cost structure, pointing to pressure beyond volume alone.

Total assets fell to $17.3B from $20.9B in FY2025, showing the contraction reached the balance sheet. Debt-to-equity rose to 1.0x as equity fell to $6.4B, so leverage is amplified by a smaller capital base rather than debt alone; short-term liquidity remained tight.

Financial Health Signals

Financial Health Score 33/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Conagra Brands, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Conagra Brands, Inc. has an operating margin of -14.4%, meaning the company loses $14 on every $100 of revenue. This results in a profitability score of 26/100. This is down from 11.8% the prior year.

Growth

Conagra Brands, Inc.'s revenue declined 2.9% year-over-year, from $11.6B to $11.3B. This contraction results in a growth score of 20/100.

Leverage

Conagra Brands, Inc. has a moderate D/E ratio of 1.02. This balance of debt and equity financing earns a leverage score of 47/100.

Liquidity

Conagra Brands, Inc.'s current ratio of 0.90 is below the typical benchmark, resulting in a score of 15/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Conagra Brands, Inc. converts 8.7% of revenue into free cash flow ($978.7M). This strong cash generation earns a score of 67/100.

Returns

Conagra Brands, Inc. posts a -30.1% return on equity (ROE), meaning it loses $30 for every $100 of shareholders' equity. This results in a returns score of 24/100. This is down from 12.9% the prior year.

Altman Z-Score Distress

1.01

Conagra Brands, Inc. scores 1.01, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

Conagra Brands, Inc. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

Conagra Brands, Inc. reported a net loss of $1.9B while generating $1.4B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Conagra Brands, Inc. reported an operating loss of $1.6B against $385.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.6B

YoY-1.4%

QoQ-9.9%

5Y CAGR-0.4%

10Y CAGR+3.2%

Conagra Brands, Inc. generated $2.6B in revenue in Q1 2027. This represents a decrease of 1.4% from the same quarter a year earlier. Against the prior quarter it is down 9.9%.

EBITDA

$366.3M

YoY-17.3%

QoQ+123.5%

5Y CAGR-6.9%

Conagra Brands, Inc.'s EBITDA was $366.3M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.3% from the same quarter a year earlier. Against the prior quarter it is up 123.5%.

Net Income

$174.3M

YoY+6.0%

QoQ+110.8%

5Y CAGR-5.8%

10Y CAGR-0.7%

Conagra Brands, Inc. reported $174.3M in net income in Q1 2027. This represents an increase of 6.0% from the same quarter a year earlier. Against the prior quarter it is up 110.8%.

EPS (Diluted)

$0.36

YoY+5.9%

QoQ+110.7%

5Y CAGR-6.0%

10Y CAGR-1.5%

Conagra Brands, Inc. earned $0.36 per diluted share (EPS) in Q1 2027. This represents an increase of 5.9% from the same quarter a year earlier. Against the prior quarter it is up 110.7%.

Cash & Balance Sheet

Free Cash Flow

-$127.9M

YoY-388.2%

QoQ-132.2%

Conagra Brands, Inc. recorded an outflow of $127.9M in free cash flow in Q1 2027, representing a cash shortfall after capex. This represents a decrease of 388.2% from the same quarter a year earlier. Against the prior quarter it is down 132.2%.

Cash & Debt

$371.6M

YoY-46.8%

QoQ+70.5%

5Y CAGR+40.9%

10Y CAGR-7.3%

Conagra Brands, Inc. held $371.6M in cash against $7.7B in long-term debt as of Q1 2027.

Dividends Per Share

$0.17

YoY-50.0%

Conagra Brands, Inc. paid $0.17 per share in dividends in Q1 2027. This represents a decrease of 50.0% from the same quarter a year earlier.

Shares Outstanding

477M

YoY-0.2%

QoQ-0.2%

5Y CAGR-0.1%

10Y CAGR+0.9%

Conagra Brands, Inc. had 477M shares outstanding in Q1 2027. This represents a decrease of 0.2% from the same quarter a year earlier. Against the prior quarter it is down 0.2%.

Margins & Returns

Gross Margin

23.8%

YoY-0.5pp

QoQ-0.6pp

5Y change-1.6pp

10Y change-4.9pp

Conagra Brands, Inc.'s gross margin was 23.8% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.

Operating Margin

10.3%

YoY-2.9pp

QoQ+67.9pp

5Y change-5.8pp

Conagra Brands, Inc.'s operating margin was 10.3% in Q1 2027, reflecting core business profitability. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 67.9 percentage points.

Net Margin

6.7%

YoY+0.5pp

QoQ+62.8pp

5Y change-2.2pp

10Y change-3.1pp

Conagra Brands, Inc.'s net profit margin was 6.7% in Q1 2027, showing the share of revenue converted to profit. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 62.8 percentage points.

Return on Equity

2.7%

YoY+0.9pp

QoQ+28.2pp

5Y change0.0pp

10Y change-2.3pp

Conagra Brands, Inc.'s ROE was 2.7% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 28.2 percentage points.

Capital Allocation

Share Buybacks

$44.0M

YoY+193.3%

Conagra Brands, Inc. spent $44.0M on share buybacks in Q1 2027, returning capital to shareholders by reducing shares outstanding. This represents an increase of 193.3% from the same quarter a year earlier.

Capital Expenditures

$123.7M

YoY-15.7%

QoQ+13.3%

5Y CAGR-4.4%

10Y CAGR+7.8%

Conagra Brands, Inc. invested $123.7M in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 15.7% from the same quarter a year earlier. Against the prior quarter it is up 13.3%.

R&D Spending

Not reported for Q1 2027.

CAG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CAG quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$11.2B	$11.3B-2.9%	$11.6B-3.6%	$12.1B-1.8%	$12.3B+6.4%	$11.5B+3.1%	$11.2B+1.2%	$11.1B+15.9%	$9.5B+20.2%	$7.9B+1.4%	$7.8B+421.8%	$1.5B-6.3%	$1.6B-5.9%	$1.7B0.0%	$1.7B+6.3%	$1.6B
Cost of Revenue	$8.6B	$8.6B-0.3%	$8.6B-1.2%	$8.7B-3.3%	$9.0B+3.6%	$8.7B+8.6%	$8.0B+0.3%	$8.0B+16.0%	$6.9B+23.2%	$5.6B+1.9%	$5.5B-12.1%	$6.2B-7.5%	$6.7B-24.4%	$8.9B-11.8%	$10.1B-4.1%	$10.5B
Gross Profit	$2.7B	$2.7B-10.2%	$3.0B-9.9%	$3.3B+2.1%	$3.3B+15.0%	$2.8B-10.7%	$3.2B+3.6%	$3.1B+15.7%	$2.7B+12.8%	$2.4B+0.3%	$2.3B+149.5%	-$4.7B+7.8%	-$5.1B+28.7%	-$7.2B+14.2%	-$8.4B+5.9%	-$8.9B
R&D Expenses	N/A	$62.7M+3.1%	$60.8M-1.0%	$61.4M+6.4%	$57.7M+8.1%	$53.4M+4.1%	$51.3M-9.0%	$56.4M+0.5%	$56.1M+18.6%	$47.3M+6.1%	$44.6M-25.2%	$59.6M-5.5%	$63.1M-26.6%	$86.0M-5.6%	$91.1M+5.9%	$86.0M
SG&A Expenses	$1.5B	$1.4B-6.4%	$1.5B+3.3%	$1.5B+3.9%	$1.4B-4.1%	$1.5B+6.4%	$1.4B-13.5%	$1.6B+10.1%	$1.5B+5.4%	$1.4B-5.1%	$1.5B-27.2%	$2.0B+46.3%	$1.4B-22.2%	$1.8B-13.9%	$2.1B+4.3%	$2.0B
Operating Income	-$1.7B	-$1.6B-219.3%	$1.4B+60.0%	$852.8M-20.7%	$1.1B-32.3%	$1.6B-25.8%	$2.1B+17.9%	$1.8B+10.6%	$1.6B+16.2%	$1.4B+13.9%	$1.2B+1.4%	$1.2B+1.1%	$1.2B-15.7%	$1.4B-15.4%	$1.7B+6.7%	$1.6B
EBITDA	N/A	-$1.2B-170.2%	$1.8B+40.0%	$1.3B-13.3%	$1.4B-26.4%	$2.0B-22.4%	$2.5B+14.7%	$2.2B+11.6%	$2.0B+18.3%	$1.7B+10.7%	$1.5B+0.4%	$1.5B+0.5%	$1.5B-16.5%	$1.8B-15.4%	$2.1B+7.9%	$2.0B
Interest Expense	$384.6M	$385.0M+4.9%	$367.1M-12.4%	$419.2M+4.3%	$402.1M+2.3%	$393.1M-8.6%	$430.0M-13.3%	$495.9M+28.5%	$385.9M+139.4%	$161.2M-20.8%	$203.6M-31.6%	$297.8M-9.8%	$330.0M-12.6%	$377.5M+36.7%	$276.2M+35.4%	$204.0M
Income Tax	$25.8M	$91.8M+2381.1%	$3.7M-98.6%	$262.5M+20.0%	$218.7M-24.7%	$290.5M+49.9%	$193.8M-3.7%	$201.3M-8.0%	$218.8M+25.3%	$174.6M-31.4%	$254.7M+448.9%	$46.4M-78.2%	$212.7M+19.3%	$178.3M-50.7%	$361.9M+88.8%	$191.7M
Net Income	-$1.9B	-$1.9B-266.3%	$1.2B+231.5%	$347.7M-49.1%	$683.2M-23.1%	$888.2M-31.6%	$1.3B+54.6%	$840.1M+23.9%	$678.3M-16.1%	$808.4M+26.5%	$639.3M+194.4%	-$677.0M-168.0%	-$252.6M-183.3%	$303.1M-60.8%	$773.9M+65.4%	$467.9M
EPS (Basic)	N/A	-$4.00-266.0%	$2.41+230.1%	$0.73-49.0%	$1.43-22.7%	$1.85-30.7%	$2.67+55.2%	$1.72+12.4%	$1.53-23.5%	$2.00+35.1%	$1.48+194.3%	-$1.57-161.7%	-$0.60-183.3%	$0.72-61.7%	$1.88+66.4%	$1.13
EPS (Diluted)	-$3.98	-$4.00-266.7%	$2.40+233.3%	$0.72-49.3%	$1.42-22.8%	$1.84-30.8%	$2.66+54.7%	$1.72+13.2%	$1.52-23.2%	$1.98+35.6%	$1.46+193.6%	-$1.56-164.4%	-$0.59-184.3%	$0.70-62.2%	$1.85+65.2%	$1.12
Diluted Shares (Avg)	N/A	479M-0.1%	480M-0.1%	480M-0.1%	481M-0.3%	482M-1.1%	488M-0.2%	489M+9.6%	446M+9.4%	407M-6.6%	436M-0.6%	439M+1.7%	431M+0.9%	428M+2.4%	418M-0.2%	418M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Revenue	$2.6B-1.4%	$2.9B+3.6%	$2.8B-1.9%	$3.0B-6.8%	$2.6B-5.8%	$2.8B-4.3%	$2.8B-6.3%	$3.2B-0.4%
Cost of Revenue	$2.0B-0.7%	$2.2B+5.0%	$2.1B0.0%	$2.3B-2.8%	$2.0B-3.1%	$2.1B-1.3%	$2.1B-2.0%	$2.3B-0.6%
Gross Profit	$618.7M-3.4%	$704.1M-0.4%	$657.7M-7.4%	$696.0M-17.8%	$640.6M-13.4%	$707.2M-12.1%	$710.3M-17.3%	$846.7M0.0%
SG&A Expenses	$350.3M+4.4%	$401.1M+20.5%	$377.6M-14.9%	$325.1M-23.5%	$335.6M+0.1%	$333.0M-9.5%	$443.7M+14.5%	$425.2M+6.8%
Operating Income	$268.4M-22.7%	-$1.7B-616.6%	$280.1M+17.0%	-$597.6M-248.4%	$347.4M-13.5%	$321.0M+140.4%	$239.4M-58.6%	$402.6M-25.9%
EBITDA	$366.3M-17.3%	-$1.6B-473.8%	$381.5M+13.0%	-$500.6M-200.1%	$442.7M-11.6%	$416.3M+160.7%	$337.7M-49.9%	$500.1M-22.2%
Interest Expense	$93.6M-0.4%	$100.5M+9.4%	$90.9M+2.2%	$99.6M+6.9%	$94.0M+1.0%	$91.9M-12.1%	$88.9M-14.4%	$93.2M-13.9%
Income Tax	$58.6M-53.0%	-$70.9M-290.6%	$29.8M-32.1%	$8.3M-86.5%	$124.6M+189.7%	$37.2M+207.5%	$43.9M-54.2%	$61.5M-40.2%
Net Income	$174.3M+6.0%	-$1.6B-731.4%	$199.8M+37.7%	-$663.6M-333.3%	$164.5M-64.8%	$256.1M+145.2%	$145.1M-53.0%	$284.5M-0.6%
EPS (Basic)	$0.36+5.9%	-$3.37-724.1%	$0.42+40.0%	-$1.39-331.7%	$0.34-64.9%	$0.54+145.8%	$0.30-53.1%	$0.600.0%
EPS (Diluted)	$0.36+5.9%	-$3.37-735.8%	$0.42+40.0%	-$1.39-335.6%	$0.34-64.9%	$0.53+144.5%	$0.30-53.1%	$0.59-1.7%
Diluted Shares (Avg)	480M+0.1%	N/A	480M+0.1%	479M-0.1%	480M-0.1%	N/A	479M-0.1%	479M-0.1%

Not reported in any period shown, so not listed: R&D Expenses.

CAG Balance Sheet

CAG quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$17.3B-17.5%	$20.9B+0.3%	$20.9B-5.4%	$22.1B-1.7%	$22.4B+1.1%	$22.2B-0.5%	$22.3B+0.4%	$22.2B+113.8%	$10.4B+2.9%	$10.1B-24.6%	$13.4B-23.2%	$17.4B-9.4%	$19.2B-5.4%	$20.3B+77.9%	$11.4B
Current Assets	$2.9B-6.2%	$3.1B-2.5%	$3.1B-7.0%	$3.4B+11.6%	$3.0B+12.3%	$2.7B-6.4%	$2.9B+5.6%	$2.7B+41.0%	$1.9B-3.7%	$2.0B-43.7%	$3.6B+0.4%	$3.6B-15.8%	$4.2B-3.4%	$4.4B+36.1%	$3.2B
Cash & Equivalents	$218.0M+220.6%	$68.0M-12.5%	$77.7M-16.7%	$93.3M+12.0%	$83.3M+5.2%	$79.2M-85.7%	$553.3M+133.9%	$236.6M+84.8%	$128.0M-49.1%	$251.4M-68.5%	$798.1M+495.2%	$134.1M+13.5%	$118.2M-21.7%	$150.9M+75.7%	$85.9M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.9B-7.0%	$2.0B+3.4%	$2.0B-10.4%	$2.2B+12.5%	$2.0B+15.0%	$1.7B+25.3%	$1.4B-11.9%	$1.5B+56.7%	$988.7M+6.6%	$927.9M-11.1%	$1.0B-36.4%	$1.6B-20.9%	$2.1B-11.3%	$2.3B+25.2%	$1.9B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$8.1B-22.7%	$10.5B+1.7%	$10.3B-4.9%	$10.9B-3.6%	$11.3B-0.7%	$11.3B+0.1%	$11.3B-0.3%	$11.4B+153.7%	$4.5B+4.6%	$4.3B-0.8%	$4.3B-0.3%	$4.3B-4.8%	$4.5B-46.0%	$8.4B+110.0%	$4.0B
Total Liabilities	$10.9B-9.0%	$12.0B-2.8%	$12.4B-6.8%	$13.2B-2.4%	$13.6B+0.1%	$13.6B-5.5%	$14.4B-2.7%	$14.8B+122.4%	$6.6B+10.2%	$6.0B-37.3%	$9.6B-25.2%	$12.8B-8.1%	$14.0B-7.2%	$15.0B+117.8%	$6.9B
Current Liabilities	$3.2B-26.2%	$4.3B+33.2%	$3.2B-27.0%	$4.4B+26.2%	$3.5B+6.4%	$3.3B+0.6%	$3.3B+53.4%	$2.1B-8.3%	$2.3B+35.8%	$1.7B-32.1%	$2.5B-23.5%	$3.3B+25.3%	$2.6B-22.3%	$3.4B+52.9%	$2.2B
Non-Current Liabilities	$7.7B+0.6%	$7.7B-15.6%	$9.1B+3.5%	$8.8B-12.4%	$10.1B-2.0%	$10.3B-7.3%	$11.1B-12.2%	$12.6B+193.4%	$4.3B0.0%	$4.3B-39.2%	$7.1B-25.8%	$9.5B-15.9%	$11.3B-2.7%	$11.6B+148.7%	$4.7B
Long-Term Debt	$6.5B+3.6%	$6.2B-16.8%	$7.5B+5.8%	$7.1B-12.4%	$8.1B-2.3%	$8.3B-7.0%	$8.9B-16.5%	$10.7B+229.7%	$3.2B+16.7%	$2.8B-43.3%	$4.9B-29.1%	$6.9B-21.0%	$8.7B-1.9%	$8.9B+210.9%	$2.9B
Total Equity	$6.4B-28.8%	$8.9B+5.8%	$8.4B-3.4%	$8.7B-0.6%	$8.8B+2.8%	$8.6B+8.6%	$7.9B+6.7%	$7.4B+100.9%	$3.7B-7.9%	$4.0B+7.5%	$3.7B-17.9%	$4.5B-13.9%	$5.3B-0.1%	$5.3B+18.6%	$4.4B
Retained Earnings	$4.2B-38.3%	$6.8B+7.7%	$6.3B-4.9%	$6.6B+0.7%	$6.6B+4.6%	$6.3B+14.5%	$5.5B+8.4%	$5.0B+6.4%	$4.7B+11.7%	$4.2B+32.0%	$3.2B-25.7%	$4.3B-13.6%	$5.0B-2.3%	$5.1B+7.6%	$4.8B

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Total Assets	$17.7B-16.4%	$17.3B-17.5%	$19.2B-7.4%	$19.5B-7.0%	$21.2B-0.4%	$20.9B+0.3%	$20.7B-5.4%	$21.0B-5.0%
Current Assets	$3.4B-12.5%	$2.9B-6.2%	$2.9B-2.5%	$3.2B+0.7%	$3.8B+12.4%	$3.1B-2.5%	$3.0B-9.7%	$3.2B-7.6%
Cash & Equivalents	$371.6M-46.8%	$218.0M+220.6%	$55.1M+11.5%	$46.6M+24.6%	$698.1M+442.4%	$68.0M-12.5%	$49.4M-37.1%	$37.4M-39.2%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.2B-4.6%	$1.9B-7.0%	$1.9B-0.6%	$2.2B+0.9%	$2.3B+1.7%	$2.0B+3.4%	$2.0B-8.8%	$2.2B-4.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$8.1B-22.7%	$8.1B-22.7%	$9.7B-7.3%	$9.7B-9.6%	$10.5B-2.4%	$10.5B+1.7%	$10.5B-5.5%	$10.8B-3.2%
Total Liabilities	$11.3B-7.8%	$10.9B-9.0%	$11.0B-7.7%	$11.4B-6.3%	$12.3B-2.4%	$12.0B-2.8%	$12.0B-5.7%	$12.2B-6.3%
Current Liabilities	$3.1B-15.5%	$3.2B-26.2%	$3.2B-25.5%	$3.6B-20.6%	$3.6B-0.5%	$4.3B+33.2%	$4.3B+24.0%	$4.6B+19.0%
Non-Current Liabilities	$8.2B-4.6%	$7.7B+0.6%	$7.8B+2.3%	$7.8B+2.2%	$8.6B-3.1%	$7.7B-15.6%	$7.7B-16.9%	$7.7B-16.9%
Long-Term Debt	$7.7B-6.2%	$6.5B+3.6%	$7.2B-0.6%	$7.2B-0.4%	$8.2B+9.7%	$6.2B-16.8%	$7.3B-14.6%	$7.3B-14.6%
Total Equity	$6.4B-28.2%	$6.4B-28.8%	$8.2B-7.0%	$8.1B-8.1%	$8.9B+2.5%	$8.9B+5.8%	$8.8B-4.1%	$8.8B-2.3%
Retained Earnings	$4.3B-36.9%	$4.2B-38.3%	$6.0B-10.7%	$5.9B-11.5%	$6.8B+2.8%	$6.8B+7.7%	$6.7B-4.9%	$6.7B-2.6%

Not reported in any period shown, so not listed: Accounts Receivable.

CAG Cash Flow Statement

CAG quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$1.3B	$1.4B-17.1%	$1.7B-16.1%	$2.0B+102.5%	$995.4M-15.5%	$1.2B-19.8%	$1.5B-20.3%	$1.8B+63.7%	$1.1B+18.0%	$954.2M-18.5%	$1.2B-7.1%	$1.3B-16.3%	$1.5B-4.1%	$1.6B+11.1%	$1.4B+34.2%	$1.1B
Depreciation & Amortization	N/A	$396.0M+1.5%	$390.2M-2.7%	$400.9M+8.4%	$369.9M-1.5%	$375.4M-3.2%	$387.7M-0.3%	$388.9M+16.8%	$333.0M+29.6%	$257.0M-4.1%	$268.0M-3.8%	$278.5M-2.1%	$284.6M-19.7%	$354.6M-15.3%	$418.6M+12.9%	$370.9M
Stock-Based Compensation	N/A	$54.7M+31.8%	$41.5M+34.7%	$30.8M-61.1%	$79.2M+203.4%	$26.1M-59.2%	$63.9M+7.9%	$59.2M+75.7%	$33.7M-11.1%	$37.9M+5.0%	$36.1M-13.6%	$41.8M+25.5%	$33.3M-25.7%	$44.8M-33.1%	$67.0M+60.3%	$41.8M
Capital Expenditures	$400.3M	$423.4M+8.8%	$389.3M+0.3%	$388.1M+7.2%	$362.2M-22.0%	$464.4M-8.3%	$506.4M+37.1%	$369.5M+4.6%	$353.1M+40.3%	$251.6M+3.9%	$242.1M-12.8%	$277.5M+17.3%	$236.5M-48.7%	$461.1M+9.1%	$422.6M+25.9%	$335.7M
Free Cash Flow	$877.0M	$978.7M-24.9%	$1.3B-20.0%	$1.6B+157.0%	$633.2M-11.2%	$712.9M-25.9%	$961.7M-34.7%	$1.5B+90.7%	$772.4M+9.9%	$702.6M-24.3%	$928.1M-5.5%	$981.7M-22.6%	$1.3B+14.5%	$1.1B+11.9%	$989.6M+38.2%	$716.3M
Investing Cash Flow	-$349.1M	$262.6M+148.4%	-$542.2M-44.6%	-$375.0M-5.7%	-$354.9M+18.4%	-$434.9M-27.8%	-$340.3M-121.3%	-$153.8M+97.0%	-$5.2B-796.6%	-$576.2M-213.2%	-$184.0M-108.6%	$2.1B+5213.9%	-$41.6M+92.2%	-$531.5M+90.3%	-$5.5B-413.6%	-$1.1B
Financing Cash Flow	-$1.3B	-$1.5B-30.9%	-$1.2B+30.1%	-$1.7B-162.3%	-$631.6M+14.4%	-$738.0M+54.2%	-$1.6B-17.5%	-$1.4B-133.0%	$4.1B+918.7%	-$506.9M+67.7%	-$1.6B+42.6%	-$2.7B-88.0%	-$1.5B-40.6%	-$1.0B-125.0%	$4.1B+586.5%	-$849.6M
Dividends Paid	$670.1M	$669.7M+0.1%	$669.2M+1.5%	$659.3M+5.7%	$623.8M+7.2%	$581.8M+22.6%	$474.6M+14.7%	$413.6M+16.1%	$356.2M+4.1%	$342.3M-17.5%	$415.0M-4.0%	$432.5M+1.7%	$425.2M+1.0%	$420.9M+5.0%	$400.7M+3.1%	$388.6M
Share Buybacks	$44.3M	$15.3M-76.1%	$64.0M	N/A	$150.0M+200.0%	$50.0M-83.2%	$298.1M	$0	$0-100.0%	$967.3M-3.3%	$1.0B	$0-100.0%	$50.0M-50.0%	$100.0M-59.2%	$245.0M-30.5%	$352.4M

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Operating Cash Flow	-$4.2M-103.5%	$506.5M+46.5%	$564.4M-4.7%	$210.6M-56.6%	$120.6M-55.1%	$345.7M-28.6%	$592.0M-12.5%	$485.6M+18.1%
Depreciation & Amortization	$97.9M+2.7%	$102.3M+7.3%	$101.4M+3.2%	$97.0M-0.5%	$95.3M-3.8%	$95.3M-12.7%	$98.3M+2.6%	$97.5M-1.8%
Stock-Based Compensation	$14.3M-27.0%	N/A	$16.6M+163.5%	$13.5M+46.7%	$19.6M-4.9%	N/A	$6.3M-58.6%	$9.2M+48.4%
Capital Expenditures	$123.7M-15.7%	$109.2M+28.3%	$95.6M+7.7%	$71.8M-12.9%	$146.8M+10.4%	$85.1M+8.4%	$88.8M-7.1%	$82.4M+17.0%
Free Cash Flow	-$127.9M-388.2%	$397.3M+52.5%	$468.8M-6.8%	$138.8M-65.6%	-$26.2M-119.3%	$260.6M-35.8%	$503.2M-13.4%	$403.2M+18.3%
Investing Cash Flow	-$109.7M-121.9%	-$108.5M-27.6%	-$96.1M-5.4%	-$34.8M+56.3%	$502.0M+275.3%	-$85.0M-7.1%	-$91.2M+0.5%	-$79.7M-21.7%
Financing Cash Flow	$267.3M+3612.5%	-$234.6M+3.9%	-$461.6M+5.6%	-$827.1M-67.0%	$7.2M-89.7%	-$244.0M+40.0%	-$489.1M+13.7%	-$495.3M-31.6%
Dividends Paid	$167.5M+0.2%	$167.5M+0.3%	$167.4M+0.2%	$167.7M-0.1%	$167.1M-0.1%	$167.0M-0.2%	$167.1M-0.1%	$167.8M+0.3%
Share Buybacks	$44.0M+193.3%	$0	$0	$300K	$15.0M-76.6%	$0	$0	$0

CAG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CAG quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	23.9%-1.9pp	25.9%-1.8pp	27.7%+1.1pp	26.6%+2.0pp	24.6%-3.8pp	28.4%+0.7pp	27.8%0.0pp	27.8%-1.8pp	29.6%-0.3pp	29.9%	-315.7%	-321.1%	-424.2%	-494.4%	-558.3%
Operating Margin	-14.4%-26.2pp	11.8%+4.7pp	7.1%-1.7pp	8.8%-5.0pp	13.8%-5.4pp	19.1%+2.7pp	16.4%-0.8pp	17.2%-0.6pp	17.8%+1.9pp	15.8%-65.7pp	81.5%+5.9pp	75.6%-8.8pp	84.4%-15.4pp	99.7%+0.4pp	99.3%
Net Margin	-17.0%-26.9pp	9.9%+7.0pp	2.9%-2.7pp	5.6%-2.1pp	7.7%-3.9pp	11.6%+4.0pp	7.6%+0.5pp	7.1%-3.1pp	10.2%+2.0pp	8.2%+53.3pp	-45.1%-29.3pp	-15.8%-33.6pp	17.8%-27.7pp	45.5%+16.3pp	29.2%
Return on Equity	-30.1%-43.0pp	12.9%+8.8pp	4.1%-3.7pp	7.8%-2.3pp	10.1%-5.1pp	15.2%+4.5pp	10.7%+1.5pp	9.2%-12.8pp	22.0%+6.0pp	16.0%+34.3pp	-18.2%-12.7pp	-5.6%-11.3pp	5.8%-8.9pp	14.7%+4.2pp	10.5%
Return on Assets	-11.1%-16.6pp	5.5%+3.8pp	1.7%-1.4pp	3.1%-0.9pp	4.0%-1.9pp	5.9%+2.1pp	3.8%+0.7pp	3.0%-4.7pp	7.8%+1.4pp	6.3%+11.4pp	-5.1%-3.6pp	-1.5%-3.0pp	1.6%-2.2pp	3.8%-0.3pp	4.1%
Current Ratio	0.90+0.2x	0.71-0.3x	0.97+0.2x	0.76-0.1x	0.860.0x	0.82-0.1x	0.88-0.4x	1.28+0.4x	0.83-0.3x	1.17-0.2x	1.41+0.3x	1.08-0.5x	1.60+0.3x	1.29-0.2x	1.45
Debt-to-Equity	1.02+0.3x	0.70-0.2x	0.89+0.1x	0.81-0.1x	0.920.0x	0.97-0.2x	1.13-0.3x	1.44+0.6x	0.88+0.2x	0.69-0.6x	1.31-0.2x	1.52-0.1x	1.660.0x	1.69+1.0x	0.64
Asset Turnover	0.65+0.1x	0.550.0x	0.580.0x	0.560.0x	0.510.0x	0.500.0x	0.50+0.1x	0.43-0.3x	0.760.0x	0.78+0.7x	0.110.0x	0.090.0x	0.090.0x	0.08-0.1x	0.14
FCF Margin	8.7%-2.5pp	11.2%-2.3pp	13.5%+8.3pp	5.2%-1.0pp	6.2%-2.4pp	8.6%-4.7pp	13.3%+5.2pp	8.1%-0.7pp	8.8%-3.0pp	11.9%-53.6pp	65.5%-13.8pp	79.3%+14.1pp	65.1%+6.9pp	58.2%+13.4pp	44.8%

Metric	Q1'2710-Q	Q4'2610-Q	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q
Gross Margin	23.8%-0.5pp	24.4%-1.0pp	23.6%-1.4pp	23.4%-3.1pp	24.3%-2.1pp	25.4%-2.3pp	25.0%-3.3pp	26.5%+0.1pp
Operating Margin	10.3%-2.9pp	-57.5%-69.1pp	10.1%+1.6pp	-20.1%-32.7pp	13.2%-1.2pp	11.5%+38.9pp	8.4%-10.6pp	12.6%-4.3pp
Net Margin	6.7%+0.5pp	-56.1%-65.3pp	7.2%+2.1pp	-22.3%-31.2pp	6.3%-10.5pp	9.2%+28.7pp	5.1%-5.1pp	8.9%0.0pp
Return on Equity	2.7%+0.9pp	-25.4%-28.3pp	2.5%+0.8pp	-8.2%-11.4pp	1.8%-3.5pp	2.9%+9.6pp	1.7%-1.7pp	3.2%+0.1pp
Return on Assets	1.0%+0.2pp	-9.4%-10.6pp	1.0%+0.3pp	-3.4%-4.8pp	0.8%-1.4pp	1.2%+3.9pp	0.7%-0.7pp	1.4%+0.1pp
Current Ratio	1.100.0x	0.90+0.2x	0.90+0.2x	0.89+0.2x	1.06+0.1x	0.71-0.3x	0.69-0.3x	0.70-0.2x
Debt-to-Equity	1.21+0.3x	1.02+0.3x	0.89+0.1x	0.89+0.1x	0.92+0.1x	0.70-0.2x	0.83-0.1x	0.83-0.1x
Asset Turnover	0.150.0x	0.170.0x	0.150.0x	0.150.0x	0.120.0x	0.130.0x	0.140.0x	0.150.0x
FCF Margin	-4.9%-3.9pp	13.8%+4.4pp	16.8%-0.9pp	4.7%-8.0pp	-1.0%-5.9pp	9.4%-4.6pp	17.7%-1.4pp	12.6%+2.0pp

Note: The current ratio is below 1.0 (0.90), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Conagra Brands, Inc. CAG	FY2026	$11.3B	-$1.9B	-17.0%	$6.4B	33/100
Smithfield Foods, Inc. SFD	FY2025	$15.5B	$987.0M	6.4%	$7.4B	57/100
Lamb Weston Holdings, Inc. LW	FY2026	$6.6B	$290.0M	4.4%	$6.0B	46/100
Ingredion Incorporated INGR	FY2025	$7.2B	$729.0M	10.1%	$6.0B	60/100
POST HOLDINGS, INC. POST	FY2025	$8.2B	$335.7M	4.1%	$3.3B	51/100

Where Conagra Brands, Inc. Ranks

Frequently Asked Questions

What is Conagra Brands, Inc.'s annual revenue?

Conagra Brands, Inc. (CAG) reported $11.3B in total revenue for fiscal year 2026. This represents a -2.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Conagra Brands, Inc.'s revenue growing?

Conagra Brands, Inc. (CAG) revenue declined by 2.9% year-over-year, from $11.6B to $11.3B in fiscal year 2026.

Is Conagra Brands, Inc. profitable?

No, Conagra Brands, Inc. (CAG) reported a net income of -$1.9B in fiscal year 2026, with a net profit margin of -17.0%.

What is Conagra Brands, Inc.'s EBITDA?

Conagra Brands, Inc. (CAG) had EBITDA of -$1.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Conagra Brands, Inc. have?

As of fiscal year 2026, Conagra Brands, Inc. (CAG) had $218.0M in cash and equivalents against $6.5B in long-term debt.

What is Conagra Brands, Inc.'s gross margin?

Conagra Brands, Inc. (CAG) had a gross margin of 23.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Conagra Brands, Inc.'s operating margin?

Conagra Brands, Inc. (CAG) had an operating margin of -14.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Conagra Brands, Inc.'s net profit margin?

Conagra Brands, Inc. (CAG) had a net profit margin of -17.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Conagra Brands, Inc. pay dividends?

Yes, Conagra Brands, Inc. (CAG) paid $1.40 per share in dividends during fiscal year 2026.

What is Conagra Brands, Inc.'s return on equity (ROE)?

Conagra Brands, Inc. (CAG) has a return on equity of -30.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Conagra Brands, Inc.'s free cash flow?

Conagra Brands, Inc. (CAG) generated $978.7M in free cash flow during fiscal year 2026. This represents a -24.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Conagra Brands, Inc.'s operating cash flow?

Conagra Brands, Inc. (CAG) generated $1.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Conagra Brands, Inc.'s total assets?

Conagra Brands, Inc. (CAG) had $17.3B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Conagra Brands, Inc.'s capital expenditures?

Conagra Brands, Inc. (CAG) invested $423.4M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Conagra Brands, Inc. spend on research and development?

Conagra Brands, Inc. (CAG) invested $62.7M in research and development during fiscal year 2026.

Does Conagra Brands, Inc. buy back shares?

Yes, Conagra Brands, Inc. (CAG) spent $15.3M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Conagra Brands, Inc. have outstanding?

Conagra Brands, Inc. (CAG) had 479M shares outstanding as of fiscal year 2026.

What is Conagra Brands, Inc.'s current ratio?

Conagra Brands, Inc. (CAG) had a current ratio of 0.90 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

What is Conagra Brands, Inc.'s debt-to-equity ratio?

Conagra Brands, Inc. (CAG) had a debt-to-equity ratio of 1.02 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Conagra Brands, Inc.'s return on assets (ROA)?

Conagra Brands, Inc. (CAG) had a return on assets of -11.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Conagra Brands, Inc.'s P/E ratio?

Conagra Brands, Inc. (CAG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to August 30, 2026). The market capitalization is $6.4B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Conagra Brands, Inc.'s price-to-sales ratio?

Conagra Brands, Inc. (CAG) trades at 0.6x sales, its market capitalization divided by revenue of $11.2B revenue, trailing 12 months to August 30, 2026. The market capitalization is $6.4B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Conagra Brands, Inc.'s Altman Z-Score?

Conagra Brands, Inc. (CAG) has an Altman Z-Score of 1.01, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Conagra Brands, Inc.'s Piotroski F-Score?

Conagra Brands, Inc. (CAG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Conagra Brands, Inc.'s earnings high quality?

Conagra Brands, Inc. (CAG) reported a net loss of $1.9B while generating $1.4B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Conagra Brands, Inc. cover its interest payments?

Conagra Brands, Inc. (CAG) reported an operating loss of $1.6B against $385.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Conagra Brands, Inc.?

Conagra Brands, Inc. (CAG) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.