Conagra Brands Inc is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). The majority of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye.
It is a $6.45B consumer staples company. Revenue shrank 1.8% over the last year, it currently loses money, and its net debt equals ~8.3 years of free cash flow.
- Website
- conagrabrands.com
- Location
- Chicago, IL
- Employees
- 17 400
- Sector
- Consumer Defensive
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Growth, Profitability, Health and Moat lag behind.
Valuation67
- P/E vs own history75th pct · 5/25
- FCF yield13.6% · 25/25
- P/S0.6x · 25/25
- EV/EBITDA18.3x · 12/25
Growth25
- Revenue CAGR-0.6% · 0/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth98.2% · 25/25
Profitability0
- ROIC-14.1% · 0/25
- ROE-26.3% · 0/25
- Net margin-17.0% · 0/25
- Operating margin-15.3% · 0/25
Health20
- Altman Z0.90 · 3/25
- Current ratio1.10 · 12/25
- Interest coverage-6.9x · 0/25
- Net cash / debtD/A 42% · 5/25
Quality65
- Piotroski F5/9 · 15/25
- Beneish M-6.34 · 25/25
- FCF conversion-46% · 0/25
- Margin stabilityσ 2.7% · 25/25
Moat44
- ROIC >12% years7/11 yrs · 13/25
- Median gross margin27.7% · 6/25
- FCF-positive years11/11 yrs · 25/25
- Worst-year net marginworst -17.0% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- Sep 30, 2026EarningsBeat EPS estimate by 43%reported $0.41 vs $0.29 expected
- FY2021FinancialBest year on record$1.30B net income
- FY2019FinancialBecame debt-freecash now exceeds total debt
- FY2017FinancialTurned profitable$639M net income after a loss year
- FY2016FinancialRevenue already above $10B$11.6B in first reported year
- FY2016FinancialPositive free cash flow every year since11-year streak
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
No standout strengths in the available data.
Watch-outs
- Revenue shrinking 1.8% year over year
- Not profitable — 17.0% net margin
- Altman Z-Score 0.90 — elevated financial-distress risk
- Net debt would take ~8.4 years of free cash flow to repay
- Thin interest coverage (-6.9×)
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago-1.8% YoY
- Profitable — makes more than it spends-$1.91B TTM
- Profit growing — earnings are higher than last year-266.3% YoY
- Generates cash — cash left after running and investing$877M TTM
- Debt under control — could handle its obligations~8.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$6.45B market cap
- Not printing shares — share count not ballooning — you keep your slice-1.9% shares over ~5y
- Proven track record — years of profitability behind it9/11 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.9 — distress
- Pays a dividend — returns cash to shareholdersyield 10.40%
- Valuation not extreme — price not wildly above earningsP/E 20.0
Peer comparisonConagra Brands, Inc. vs 6 largest consumer defensive peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| CAG this company | $6.5B | 20.0 | -1.8% | -17.0% | Strained |
| WMT Walmart Inc. | $882.9B | 40.8 | +6.2% | 3.0% | Strained |
| COST Costco Wholesale Corp | $419.2B | 45.5 | +10.1% | 3.0% | Mixed |
| KO Coca-Cola Company | $379.3B | 26.5 | +6.5% | 28.6% | Mixed |
| PG Procter & Gamble Company | $351.2B | 21.9 | +3.3% | 18.4% | Solid |
| PM Philip Morris International Inc. | $313.6B | 28.8 | +8.9% | 25.6% | Strained |
| PEP PepsiCo, Inc. | $171.8B | 16.5 | +6.4% | 11.1% | Strained |
Head-to-head: CAG vs WMT · CAG vs COST · CAG vs KO
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/CAG
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of CAG on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $13.50 · market cap $6.45B.