Conagra Brands, Inc. (CAG)

Conagra Brands Income Statement

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 25, 2025	May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021
Revenue	11,613	12,051	12,277	11,536	11,185
Revenue Growth (YoY)	-3.64%	-1.84%	6.42%	3.14%	1.18%
Cost of Revenue	8,599	8,718	9,012	8,697	8,006
Gross Profit	3,014	3,333	3,265	2,839	3,179
Selling, General & Admin	1,332	1,395	1,408	1,217	1,258
Operating Expenses	1,332	1,395	1,408	1,217	1,258
Operating Income	1,683	1,939	1,857	1,622	1,922
Interest Expense	-419.2	-436.2	-413.5	-382	-422.3
Interest & Investment Income	2.5	5.7	3.9	2.1	1.9
Earnings From Equity Investments	182.4	177.6	212	145.3	84.4
EBT Excluding Unusual Items	1,448	1,686	1,660	1,388	1,586
Merger & Restructuring Charges	-101.7	-47.5	-	-	-
Impairment of Goodwill	-	-526.5	-141.7	-	-
Gain (Loss) on Sale of Assets	-29.5	-36.4	-26.7	-	-
Asset Writedown	-72.1	-430.2	-589.2	-209	-90.9
Legal Settlements	-88.7	-34.8	-	-	-
Pretax Income	1,156	610.2	901.9	1,179	1,495
Income Tax Expense	3.7	262.5	218.7	290.5	193.8
Earnings From Continuing Operations	1,153	347.7	683.2	888.2	1,301
Net Income to Company	1,153	347.7	683.2	888.2	1,301
Minority Interest in Earnings	-0.1	-0.5	0.4	-	-2.1
Net Income	1,152	347.2	683.6	888.2	1,299
Net Income to Common	1,152	347.2	683.6	888.2	1,299
Net Income Growth	231.91%	-49.21%	-23.04%	-31.61%	54.60%
Shares Outstanding (Basic)	478	479	479	480	486
Shares Outstanding (Diluted)	480	480	481	482	488
Shares Change (YoY)	-0.06%	-0.15%	-0.31%	-1.15%	-0.16%
EPS (Basic)	2.41	0.73	1.43	1.85	2.67
EPS (Diluted)	2.40	0.72	1.42	1.84	2.66
EPS Growth	233.33%	-49.30%	-22.83%	-30.83%	54.65%
Free Cash Flow	1,303	1,628	633.2	712.9	961.7
Free Cash Flow Per Share	2.71	3.39	1.32	1.48	1.97
Dividend Per Share	1.400	1.400	1.320	1.250	1.038
Dividend Growth	-	6.06%	5.60%	20.48%	22.06%
Gross Margin	25.96%	27.66%	26.59%	24.61%	28.42%
Operating Margin	14.49%	16.09%	15.13%	14.06%	17.18%
Profit Margin	9.92%	2.88%	5.57%	7.70%	11.61%
Free Cash Flow Margin	11.22%	13.51%	5.16%	6.18%	8.60%
EBITDA	2,070	2,339	2,227	1,998	2,309
EBITDA Margin	17.83%	19.41%	18.14%	17.32%	20.65%
D&A For EBITDA	387.7	400.9	369.9	375.4	387.7
EBIT	1,683	1,939	1,857	1,622	1,922
EBIT Margin	14.49%	16.09%	15.13%	14.06%	17.18%
Effective Tax Rate	0.32%	43.02%	24.25%	24.65%	12.97%
Advertising Expenses	263.2	289.6	290.1	244.6	258

Updated Jul 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q