ConAgra Brands (CAG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

ConAgra Brands

NYSE•Consumer Defensive•Packaged Foods

$14.57+0.48(0.03%)Market closed

Market Cap

$7.09B

P/S

0.6x

P/B

1.1x

Conagra Brands, Inc., together with its subsidiaries, operates as a branded consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, and Angie's BOOMCHICKAPOP brands. Conagra Brands, Inc. was incorporated in 1919 and is headquartered in Chicago, Illinois.

How this company scores

WeakMetricSide Score: 26/100

Strongest: Cash & Earnings Quality (10/25); weakest: Profitability (3/25).

Profitability3/25

Growth4/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality10/25

Strengths

Improving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.1x5y range 9.3x – 41.7x

Currently below its 16-quarter median.

P/S · 0.6x5y range 0.6x – 1.5x

Currently below its 20-quarter median.

P/B · 1.1x5y range 1.0x – 2.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 236.2% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $7.09B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $11.24B
Q. Revenue: $2.60B
TTM EBITDA: $-1.31B
TTM Op. Income: $-1.71B
Q. Op. Income: $268.40M
TTM Net Income: $-1.91B
Q. Net Income: $174.30M
EPS: $0.36
Shares Out.: $479.30M

$11.24B in TTM revenue declined 1.8% YoY, reaching $2.60B last quarter. TTM EBITDA of $-1.31B and TTM operating income of $-1.71B show growth is flowing through to the bottom line. However, net income is negative at $1.91B — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 2% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 23.8%
EBITDA Margin: 14.1%
Op. Margin: 10.3%
Net Margin: 6.7%

Op. margin of 10.3% is down 2.9% YoY — costs are rising relative to revenue. Net margin at 6.7% and gross margin of 23.8% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 22% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.6x
P/B Ratio: 1.1x

P/S of 0.6x and P/B of 1.1x. P/S is low relative to typical market levels. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $17.70B
Cash: $371.60M
Long-Term Debt: $7.73B
Book Value: $6.40B
D/E Ratio: 1.2
Debt/EBITDA: 21.1

With $17.70B in assets and $7.73B in long-term debt, D/E is 1.2and book value is $6.40B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-4.20M
TTM Free Cash Flow: $877.00M
FCF Margin: 7.8%
FCF / Net Income: -0.5

TTM FCF of $877.00M on $-4.20M in operating cash flow. The FCF / Net Income ratio of -0.5x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 23% — a weakening trend.