CAG financial statements

The full income statement, balance sheet, and cash-flow statement for Conagra Brands (CAG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
Revenue	11.3B YoY-2.9%	11.6B YoY-3.6%	12.1B YoY-1.8%	12.3B YoY+6.4%	11.5B YoY+3.1%
	2.70B YoY-10.2%	3.00B YoY-9.9%	3.33B YoY+2.1%	3.26B	—
Cost of revenue	8.58B YoY-0.3%	8.61B YoY-1.2%	8.72B YoY-3.3%	9.01B YoY+3.6%	8.70B YoY+8.6%
Research & development	62.7M YoY+3.1%	60.8M YoY-1.0%	61.4M YoY+6.4%	57.7M YoY+8.1%	53.4M YoY+4.1%
Selling, general & administrative	1.44B YoY-6.4%	1.54B YoY+3.3%	1.49B YoY+3.9%	1.43B YoY-4.1%	1.49B YoY+6.4%
General & administrative	—	—	322M YoY-17.2%	389M YoY+61.0%	242M YoY-33.8%
Amortization of intangibles	43.1M YoY-19.7%	53.7M YoY+0.2%	53.6M YoY-5.6%	56.8M YoY-4.2%	59.3M YoY-0.7%
Operating income	-1.63B YoY-219.3%	1.36B YoY+60.0%	853M YoY-20.7%	1.08B YoY-32.3%	1.59B YoY-25.8%
Interest & investment income	7.50M YoY+200.0%	2.50M YoY-56.1%	5.70M YoY+46.2%	3.90M YoY+85.7%	2.10M YoY+10.5%
Net interest income	-383M YoY+8.2%	-417M YoY+3.2%	-431M YoY-5.1%	-410M YoY-7.8%	-380M YoY+9.6%
Equity-method income	141M YoY-22.9%	182M YoY+2.7%	178M YoY-16.2%	212M YoY+45.9%	145M YoY+72.2%
Pre-tax income	-1.82B YoY-257.8%	1.16B YoY+89.5%	610M YoY-32.3%	902M YoY-23.5%	1.18B YoY-21.1%
Income tax	91.8M YoY+2381.1%	3.70M YoY-98.6%	263M YoY+20.0%	219M YoY-24.7%	291M YoY+49.9%
	-1.92B YoY-266.3%	1.15B YoY+231.9%	347M YoY-49.2%	684M YoY-23.0%	888M YoY-31.6%
Net income to non-controlling interest	—	100K YoY-80.0%	500K YoY+225.0%	-400K	0.00 YoY-100.0%
	-$4.00 YoY-266.7%	$2.40 YoY+233.3%	$0.72 YoY-49.3%	$1.42 YoY-22.8%	$1.84 YoY-30.8%
EPS (basic)	-$4.00 YoY-266.0%	$2.41 YoY+230.1%	$0.73 YoY-49.0%	$1.43 YoY-22.7%	$1.85 YoY-30.7%
	479M YoY+0.1%	478M YoY-0.1%	479M YoY-0.1%	479M YoY-0.3%	480M YoY-1.1%
	479M YoY-0.1%	480M YoY-0.1%	480M YoY-0.1%	481M YoY-0.3%	482M YoY-1.1%
Dividends per share	$1.40 YoY+0.0%	$1.40 YoY+0.0%	$1.40 YoY+6.1%	$1.32 YoY+5.6%	$1.25 YoY+20.5%
Balance Sheet	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
	2.88B YoY-6.2%	3.07B YoY-2.5%	3.15B YoY-7.0%	3.38B YoY+11.6%	3.03B YoY+12.3%
Cash & equivalents	218M YoY+220.6%	68.0M YoY-12.5%	77.7M YoY-16.7%	93.3M YoY+12.0%	83.3M YoY+5.2%
Accounts receivable	658M YoY-14.5%	770M YoY-11.7%	872M YoY-8.5%	953M YoY+9.8%	867M YoY+9.3%
Inventory	1.91B YoY-7.0%	2.05B YoY+3.4%	1.98B YoY-10.4%	2.21B YoY+12.5%	1.97B YoY+15.0%
Prepaid expenses	101M YoY+10.9%	90.6M YoY+6.6%	85.0M YoY-8.0%	92.4M YoY-20.6%	116M YoY+22.4%
	17.3B YoY-17.5%	20.9B YoY+0.3%	20.9B YoY-5.4%	22.1B YoY-1.7%	22.4B YoY+1.1%
Property, plant & equipment	—	2.84B YoY+0.5%	2.82B YoY+3.1%	2.74B YoY-0.0%	2.74B YoY+6.4%
Operating lease right-of-use	171M YoY-18.6%	210M YoY+22.4%	171M YoY-13.3%	198M	—
Goodwill	8.12B YoY-22.7%	10.5B YoY+1.7%	10.3B YoY-4.9%	10.9B YoY-3.6%	11.3B YoY-0.7%
Intangible assets	1.83B YoY-24.4%	2.42B YoY-2.6%	2.48B YoY-22.2%	3.19B YoY-17.3%	3.86B YoY-6.5%
Other non-current assets	1.57B YoY-0.3%	1.57B YoY+9.9%	1.43B YoY-5.1%	1.51B YoY+2.0%	1.48B YoY+9.9%
	3.19B YoY-26.2%	4.32B YoY+33.2%	3.24B YoY-27.0%	4.44B YoY+26.2%	3.52B YoY+6.4%
Accounts payable	1.51B YoY-4.8%	1.59B YoY+6.5%	1.49B YoY-2.1%	1.53B YoY-18.2%	1.86B YoY+12.6%
Short-term & current debt	778M YoY-24.4%	1.03B YoY+4968.0%	20.3M YoY-98.7%	1.52B YoY+114.3%	707M YoY+2961.9%
Current lease liability	36.0M YoY-9.3%	39.7M YoY+8.2%	36.7M YoY-12.8%	42.1M	—
	10.9B YoY-9.0%	12.0B YoY-2.8%	12.4B YoY-6.8%	13.2B YoY-2.4%	13.6B YoY+0.1%
Long-term debt	6.46B YoY+3.6%	6.23B YoY-16.8%	7.49B YoY+5.8%	7.08B YoY-12.4%	8.09B YoY-2.3%
Non-current lease liability	171M YoY-16.0%	203M YoY+20.1%	169M YoY-8.8%	186M	—
Deferred tax liabilities	693M YoY-14.4%	810M YoY-20.9%	1.02B YoY-10.1%	1.14B YoY-15.2%	1.34B YoY+5.7%
Other non-current liabilities	579M YoY-9.4%	640M YoY+8.8%	588M YoY-65.8%	1.72B YoY-12.6%	1.97B YoY-0.7%
	6.36B YoY-28.8%	8.93B YoY+5.8%	8.44B YoY-3.4%	8.74B YoY-0.6%	8.79B YoY+2.8%
Common stock	2.92B YoY+0.0%	2.92B YoY+0.0%	2.92B YoY+0.0%	2.92B YoY+0.0%	2.92B YoY+0.0%
Additional paid-in capital	2.32B YoY-1.3%	2.35B YoY-0.7%	2.36B YoY-0.6%	2.38B YoY+2.2%	2.32B YoY-0.7%
Retained earnings	4.17B YoY-38.3%	6.76B YoY+7.7%	6.28B YoY-4.9%	6.60B YoY+0.7%	6.55B YoY+4.6%
Treasury stock	3.06B YoY-1.7%	3.11B YoY+0.9%	3.08B YoY-1.0%	3.12B YoY+4.0%	3.00B YoY+0.6%
Accumulated other comprehensive income	7.40M YoY-54.6%	16.3M YoY+145.9%	-35.5M YoY+20.0%	-44.4M YoY-296.4%	-11.2M YoY-293.1%
Non-controlling interest	—	—	70.9M YoY+0.6%	70.5M YoY-5.4%	74.5M YoY-6.4%
Total equity incl. non-controlling	6.36B YoY-28.8%	8.93B YoY+5.0%	8.51B YoY-3.4%	8.81B YoY-0.6%	8.86B YoY+2.7%
Total liabilities & equity	17.3B YoY-17.5%	20.9B YoY+0.3%	20.9B YoY-5.4%	22.1B YoY-1.7%	22.4B YoY+1.1%
	584M YoY+0.0%	584M YoY+0.0%	584M YoY+0.0%	584M YoY+0.0%	584M YoY+0.0%
	479M YoY+0.2%	477M YoY-0.2%	478M YoY+0.2%	477M YoY-0.6%	480M YoY-0.0%
Cash Flow	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
	1.40B YoY-17.1%	1.69B YoY-16.1%	2.02B YoY+102.5%	995M YoY-15.5%	1.18B YoY-19.8%
Depreciation & amortization	396M YoY+1.5%	390M YoY-2.7%	401M YoY+8.4%	370M YoY-1.5%	375M YoY-3.2%
Share-based compensation	54.7M YoY+31.8%	41.5M YoY+34.7%	30.8M YoY-61.1%	79.2M YoY+203.4%	26.1M YoY-59.2%
Deferred income taxes	-109M YoY+51.4%	-224M YoY-140.7%	-93.1M YoY+39.6%	-154M YoY-513.1%	37.3M YoY+143.4%
Change in receivables	-35.0M YoY+79.9%	-174M YoY-125.1%	-77.2M YoY-175.6%	102M YoY+46.9%	69.5M YoY+205.1%
Change in inventory	-145M YoY-507.0%	35.6M YoY+127.0%	-132M YoY-149.7%	265M YoY+14.0%	233M YoY-36.1%
Other operating activities	-5.30M YoY-210.4%	4.80M YoY-70.7%	16.4M YoY+95.2%	8.40M YoY+118.2%	-46.2M YoY-607.7%
	263M YoY+148.4%	-542M YoY-44.6%	-375M YoY-5.7%	-355M YoY+18.4%	-435M YoY-27.8%
Capital expenditure	423M YoY+8.8%	389M YoY+0.3%	388M YoY+7.2%	362M YoY-22.0%	464M YoY-8.3%
Free cash flow	979M YoY-24.9%	1.30B YoY-20.0%	1.63B YoY+157.0%	633M YoY-11.2%	713M YoY-25.9%
Acquisitions	0.00 YoY-100.0%	231M	0.00	0.00	0.00
Proceeds from sale of PP&E	38.9M YoY+1044.1%	3.40M YoY+325.0%	800K YoY-75.0%	3.20M YoY-84.2%	20.2M YoY+708.0%
Other investing activities	1.80M YoY-28.0%	2.50M YoY+725.0%	-400K YoY+90.2%	-4.10M YoY-24.2%	-3.30M
	-1.52B YoY-30.9%	-1.16B YoY+30.1%	-1.66B YoY-162.3%	-632M YoY+14.4%	-738M YoY+54.2%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	1.03B YoY+266.7%	281M YoY-84.1%	1.77B YoY+148.8%	712M YoY+1368.9%	48.5M YoY-98.1%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	15.3M YoY-76.1%	64.0M	0.00 YoY-100.0%	150M YoY+200.0%	50.0M YoY-83.2%
Dividends paid	670M YoY+0.1%	669M YoY+1.5%	659M YoY+5.7%	624M YoY+7.2%	582M YoY+22.6%
Other financing activities	2.30M YoY-4.2%	2.40M YoY+41.2%	1.70M YoY-66.0%	5.00M YoY+168.5%	-7.30M YoY-417.4%
Net change in cash	150M YoY+1463.6%	-11.0M YoY+26.2%	-14.9M YoY-240.6%	10.6M YoY+241.9%	3.10M YoY+100.7%
Interest paid	374M YoY-12.3%	427M YoY-3.9%	444M YoY+6.7%	416M YoY+5.7%	394M YoY-11.6%
Income taxes paid	173M YoY-23.9%	228M YoY-33.6%	343M YoY-15.7%	407M YoY+36.1%	299M YoY+4.5%
Valuation Ratios	as ofMay 31 ’26	as ofMay 25 ’25	as ofMay 26 ’24	as ofMay 28 ’23	as ofMay 29 ’22
Market cap	6.35B YoY-40.6%	10.7B YoY-26.1%	14.5B YoY-12.9%	16.6B YoY+4.4%	15.9B YoY-13.0%
P/E	—	32.5× YoY+113.7%	15.2× YoY-26.3%	20.6× YoY+34.8%	15.3× YoY-0.3%
P/S	0.6× YoY-37.6%	0.9× YoY-23.7%	1.2× YoY-12.2%	1.4× YoY-2.8%	1.4× YoY-10.2%
P/B	0.8× YoY-36.1%	1.2× YoY-23.0%	1.6× YoY-15.6%	1.9× YoY+3.4%	1.8× YoY-18.2%
P/FCF	7.5× YoY+2.2%	7.4× YoY-27.6%	10.2× YoY-53.3%	21.8× YoY-7.0%	23.5× YoY+93.5%
	—	3.1% YoY-53.2%	6.6% YoY+35.7%	4.8% YoY-25.8%	6.5% YoY+0.3%
	13.3% YoY-2.1%	13.5% YoY+38.1%	9.8% YoY+114.2%	4.6% YoY+7.6%	4.3% YoY-48.3%
	10.5% YoY+68.7%	6.3% YoY+35.2%	4.6% YoY+22.0%	3.8% YoY+0.5%	3.8% YoY+38.5%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: CAG's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CAG filings on SEC EDGAR → Not investment advice.